IBT Staff Reporter

Wells Fargo & Co said on Thursday it is shedding about 1,900 jobs, or less than 1 percent of its total workforce, as mortgage refinancings slow.

New claims for jobless benefits fell last week and retailers racked up much stronger-than-expected sales in March, signs that high fuel prices have not knocked the economy off its growth path.

The FCC's plan to nationalize data roaming has drawn a mixed review from wireless carries and industry associations.

The Republican-led U.S. House of Representatives on Thursday defied a White House veto threat and passed a bill by a vote of 247 to 181 that would keep the government running for another week -- on the condition of $12 billion in spending cuts.

President Barack Obama's warning that a government shutdown might prevent many Americans from obtaining a mortgage may be more of a negotiating tactic than reality.

With time running out, an ideological fight in the Congress over abortion and environmental issues threatened on Thursday to derail an agreement to avert a government shutdown.

Jamie Dimon, Chief Executive Officer of the second-largest U.S. bank by assets, saw his total compensation rise to $20.8 million in 2010, according to a regulatory filing by JPMorgan Chase & Co .

On the streets of America, the debate over inflation is over. Prices are too high and rising too fast, many people say.

Facebook, the world's largest social network, wants to get in on computer hardware as well.

Echoing a pair of previous leaks, the newest images of the as yet-unannounced smartphone depict a device in very much the same vein as its predecessor

Satellite television company Dish Network Corp can go ahead with its $320 million purchase of Blockbuster Inc, a bankruptcy judge ruled on Thursday.

Wall Street slipped on Thursday after a major aftershock in Japan reignited fears about its nuclear power crisis, but greater faith in the U.S. economy's steady path held losses in check.

The Department of Homeland Security is changing up its update system and is bringing terror alerts to Facebook and Twitter.

Cisco Inc Chief Executive John Chambers, days after admitting that the company he has led for 16 years had lost its way, warned of competitive pressures, depressed public sector spending and tough decisions that lay ahead.

Last month, Samsung revealed its Series 9 laptops, a line of computers so thin and light that they seem born out of Cupertino itself.

A 1930s-era theory of nuclear reactions that was long abandoned may offer good news for those who see fusion energy as the way forward.

Wall Street slipped on Thursday after a major aftershock in Japan reignited fears about nuclear crisis, but greater faith in the U.S. economy's steady path held losses in check.

A dispute on federal funding for abortions and restraining an environmental agency's actions may be the insurmountable sticking points that trigger a government shutdown as lawmakers struggle to reach a deal to fund the government for the rest of the fiscal year.

The U.S. Department of Justice is seeking records about American clients of HSBC in India who might be evading taxes, broadening the government's probe of banks suspected of helping tax dodgers.

Chrystia Freeland has been named to the new position of editor of Thomson Reuters Digital as Thomson Reuters Corp puts more emphasis on Internet and mobile applications for its consumer news products.

With time running out, an ideological battle flared in the Congress over abortion and environmental issues Thursday as negotiators launched a late push to avert a looming government shutdown.

Knowing what Warren Buffett is going to do a few weeks before he does it is not the sure-fire money-maker you might think.

Oil prices ended at 2-1/2-year highs on Thursday as supply worries tied to fighting in Libya and Middle East turmoil overshadowed demand concerns spurred by a boost in euro zone interest rates and as a major aftershock struck Japan.

Cisco Inc CEO John Chambers, days after admitting the company he has led for 16 years had lost its way, acknowledged challenges remain in its core business of networking while vowing to double down on video.

A new trailer for the Hangover Part II film was pulled from movie theaters.

Facebook is sharing the technology it developed for making more energy-efficient data centers, in the hope that by doing so others will follow its example.

The Justice Department is close to a deal that would allow Google Inc to buy an airline ticketing software company while requiring that the software remain available to Google rivals, according to a source close to the deal.

With time running out, an ideological battle over abortion and environmental issues threatened on Thursday to scuttle a congressional deal to avert a looming government shutdown.

U.S. stocks fell on Thursday after Japan suffered a major aftershock, which caused injuries and renewed concerns about industrial supply disruptions and nuclear power.