Katie Couric allegedly close to $20 million deal with ABC
People.com is reporting that Katie Couric, who recently stepped down from hosting the CBS News, is close to signing a $20 million deal with ABC.
House from the Movie Home Alone for Sale for $2.4 Million
The house from the 90s hit film “Home Alone” where 8-year-old Kevin, played by Macaulay Culkin, outsmarts a pair of burglars is for sale for $2.4 million.
Oil plummets 8 percent as commodities battered
Oil plunged more than 8 percent on Thursday, heading for the third biggest daily drop in dollar terms on record, as concerns about economic growth and monetary tightening spurred a sell-off in commodities.
The WTC site: a glimpse into the past and its bright future
As Americans revel in the wake of Osama bid Laden's death, we take a deeper look into the history of the World Trade Center, and its future.
U.S. narrows case vs accused Ponzi schemer Stanford
Federal prosecutors have narrowed their criminal case against Allen Stanford, the Texas financier accused of running a $7 billion Ponzi scheme.
Data hints at slowdown in job creation
The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an economy that is struggling to gain speed.
Amazon's Kindle to be sold at 3,100 Walmart stores
Wal-Mart Stores Inc said on Thursday that it would start selling Amazon.com Inc's Kindle this week, as Amazon continues to bring the electronic reader into more shops to attract potential buyers.
Oil plummets nearly 7 percent as commodities battered
Oil plunged nearly 7 percent on Thursday, heading for the biggest daily drop in dollar terms since the 2008 financial crisis, as concerns about economic growth and monetary tightening clobbered commodities.
AIG down amid chatter on share sale pricing
The Treasury and banks working on the sale of the government's stake in bailed-out insurer American International Group are too early in the process to come up with specific numbers for a potential offering, a source close to the situation said on Thursday.
First PlayStation phone not hit by data breach
The first PlayStation phone, Sony Ericsson's Xperia Play, is not affected by the massive data breach of PlayStation user accounts, the phone maker said on Thursday.
S&P dips for 4th day, but oil drop caps losses
The Dow and S&P 500 dipped on Thursday after a weak labor market report, but losses were capped as a steep drop in oil prices was seen helping consumers.
Watch Haley Reinhart sing “House of the Rising Sun” on American Idol
American Idol contestant Haley Reinhart stunned the judges Wednesday when performing House of the Rising Sun by Animals.
AIG stock sale pricing up for debate: report
The Treasury and the banks working on the sale of the government's stake in bailed-out insurer American International Group are at odds over how low to price the first sale of stock, CNBC reported on Thursday.
Retailers warn on costs as sales beat
U.S. retailers warned of rising costs and cautious consumers even as a late Easter boosted sales of clothing and other holiday-related items in April, helping many beat sales expectations.
GM profit beats, but vehicle prices hit shares
Shares of General Motors Co fell as much as 4.7 percent on Thursday as investor concerns over weak pricing at the No. 1 U.S. automaker outweighed a giant leap in quarterly net profit.
Portugal bailout tough, but fair, recovery distant
Portugal signed up to a tough but fair 78-billion-euro international bailout plan on Thursday which will send it into recession for two years with a recovery only likely in 2013, European Union and IMF officials said.
Exclusive: Facebook, Google mull Skype deals
Facebook and Google Inc are separately considering a tie-up with Skype after the Web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters .
Commodities dive on jitters about economy, demand
Faltering economic growth and edginess about the impact of costly oil fueled a fourth day of aggressive selling across commodities as Brent crude headed to its biggest weekly fall in a year while silver extended an historic slide.
Sprint Takes Fight Against A&T-T-Mobile Deal To States
Sprint is taking its battle against the merger of AT&T and T-Mobile to the state public utility commissions, and plans to file a formal protest to the Federal Communications Commission.
Alan Shepard: The First American In Space (PHOTOS)
A pictorial of Alan Shepard, the first American in space as NASA celebrates the 50th anniversary of his famous trip.
Trichet signals no ECB rate rise in June
European Central Bank President Jean-Claude Trichet signaled on Thursday that euro zone interest rates are unlikely to rise next month but left the door firmly open for an increase in July.
Bernanke: regulators focused on system risks
In the wake of the financial crisis, regulators are strengthening their ability to spot fault lines in the financial system, rather than focusing exclusively on specific companies, Federal Reserve Chairman Ben Bernanke said on Thursday.
Cisco plans streamline to five units
Cisco Systems Inc will streamline its sales, services, and engineering organizations and refocus around five growth markets, in a significant restructuring at a company which had admitted it lost its way.
Oil drops nearly 6 percent in commodities rout
Oil plunged nearly 6 percent on Thursday, headed for the biggest four-day loss in a year, sparked by a sell-off across commodities markets on mounting worry about the economy, interest rates and demand.
Wall Street to open lower on economy concerns
U.S. stocks were set for a lower open on Thursday as weak labor data rekindled concerns about the strength of the consumer and the economic recovery.
Prince William and Kate Middleton to visit the United States in July
Prince William and Kate Middleton to visit the United States
Jobless claims hit 8-month high
The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an economy that is struggling to gain speed.
Instant View: New jobless claims surge to 8-month high
New U.S. claims for unemployment aid unexpectedly rose last week to touch their highest level in eight months, pushed up by factors ranging from spring break layoffs to the introduction of an emergency benefits program, a government report showed on Thursday.
BoE keeps rates steady at 0.5 percent as expected
The Bank of England kept its key interest rate at 0.5 percent on Thursday, in a widely expected move after a run of subdued data which has cast doubt on the strength of Britain's economic recovery.
NASA Celebrates America’s Space ‘Shepard’
NASA is celebrating the 50th anniversary of Alan Shepard becoming the first American into space.