McDonald's April sales rise, shares gain
McDonald's Corp reported a higher-than-expected 4.9 percent rise in worldwide April sales at established restaurants, boosted by strength in Europe, and its shares rose about 4 percent.
WHO sees good progress on UN health goals for poor
(Reuters) - Far fewer children are dying and rates of malnutrition, HIV and tuberculosis are declining thanks to good progress on health-related Millennium Development Goals (MDGs), the World Health Organization (WHO) said on Monday.
Scientists find new gene links to breast cancer
(Reuters) - British scientists have found five common genetic factors linked to the risk of developing breast cancer, giving researchers a better understanding of its causes and clues for developing more treatments.
Market fragmentation delaying stock swoon probe
The sharp fragmentation of the U.S. stock marketplace -- seen as a cause of last week's mysterious market dive -- is also slowing down regulators' ability to piece together what happened, two sources familiar with the matter said on Monday.
Idol creator Fuller marks iTunes milestone
American Idol creator Simon Fuller on Monday marked a digital music milestone, and said he was looking to the Internet and other digital platforms for the next big thing in global entertainment.
Risk assets rally after huge EU-IMF rescue plan
Global equity markets staged a massive relief rally on Monday after officials agreed to a $1 trillion emergency rescue package to avert a festering sovereign debt crisis in Europe from engulfing the rest of the world.
U.S. transport chief: Toyota paying closer attention
The Obama administration believes Toyota Motor Corp is paying closer attention to safety concerns, but Washington continues to investigate the carmaker and will not rule out a new fine, the top U.S. transport official said on Monday.
Stocks jump 4 percent on euro-zone rescue plan
Stocks surged in a broad-based rally on Monday as an agreement on a $1 trillion emergency rescue package quelled fears that Greece's debt crisis would spread.
Job index up for 8th straight month: Conf Board
The U.S. job market strengthened in April for the eighth straight month but at a slower rate, in anticipation of economic activity moderating in coming months, a research group said on Monday.
Wall Street soars on euro-zone rescue plan
U.S. stocks surged in a broad-based rally on Monday as an agreement on a $1 trillion emergency rescue package quelled fears that Greece's debt crisis would spread.
Goldman trades big, but more probes loom
Goldman Sachs Group Inc on Monday showed how its trading operations are stronger than ever, but warned that more litigation and investigations loom.
Fannie Mae seeks $8.4 billion from govt after loss
Fannie Mae, the largest U.S. residential mortgage funds provider, on Monday asked the government for an additional $8.4 billion after the company lost $13.1 billion in the first quarter.
McDonald's April same-store sales up
McDonald's Corp reported a higher-than-expected 4.9 percent rise in April sales at established restaurants on strength in Europe and the United States, and its shares rose 3.4 percent.
US gold drops as fears subside after global rescue plan
U.S. gold futures dropped 1 percent on Monday as safe-haven buying decreased after a $1 trillion global emergency rescue package eased contagion fears.
BP says oil spill costs $350 million so far, shares hit
Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so far, suggesting the final bill could be much higher than many analysts predicted and sending its shares to a six-month low.
Is your resume being screened?
Believe it or not, but your resume has probably been screened by a hiring manager at some point. One of the most common ways to screen a resume is through an applicant's address. Technically, hiring managers are not supposed to do this, but it happens more often than not.
Risk assets surge after euro rescue package
Global financial markets surged on Monday after officials agreed to a $1 trillion emergency rescue package to avert a sovereign debt crisis in Europe from festering and engulfing the rest of the world.
SEC expertise doubted amid hunt for selloff answers
U.S. lawmakers on Monday said the Securities and Exchange Commission likely has the authority to deal with reforms after last week's massive market selloff but questioned its expertise, as regulators still hunt for answers.
Warren Buffett's son preaches values as wealth
The son of billionaire investor Warren Buffett has an old-world spiritual message for today's money-rich parents: teach your children values and do not give them everything they want.
Wall Street surges on euro-zone rescue plan
The S&P 500 jumped more than 4 percent on Monday, racking up its best opening on record, as an agreement on a $1 trillion emergency rescue package quelled fears that Greece's debt crisis would spread.
U.S.'s LaHood: time will tell if Toyota has changed
U.S. Transport Secretary Ray LaHood said he was encouraged by the steps Toyota Motor Corp has put in place to improve vehicle safety, but stressed he will be convinced only when its cars actually become safer.
Fannie Mae asks for more federal aid after Q1 loss
Fannie Mae, the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.
Goldman warns of more litigation, investigations
Goldman Sachs Group Inc, facing fraud charges from U.S. securities regulators, on Monday warned that more litigation and investigations could be coming.
Shock and awe package lifts euro markets
A $1 trillion global emergency package to stabilize the euro unleashed a spectacular rally in European stocks and bonds on Monday but analysts said EU leaders had only bought time to tackle deep-seated fiscal problems.
Rescue plan fires global stock rally and lifts euro
Financial markets climbed away from a potential abyss on Monday after the European Union and International Monetary Fund agreed a bumper rescue package to prevent a sovereign debt crisis spreading.
Another gold rush likely in Victoria!
Till recently, Victoria was just another state in Australia. Geographically the smallest mainland state, Victoria is all set to witness the second gold rush in the coming days after the discovery of gold for the first time in 1851 at Ballarat and Warrandyte transformed it into a leading industrial and commercial centre.
Gold, nothing safe about it!
Who says gold is the safe haven for investors now? It seems, if you take into consideration the present scenario in the global markets, gold is the most unsafe investment now. As is the tradition, gold thrives whenever there is a crisis or tragedy. This time around, it was Greece financial crisis, Spain and Portugal dilemma and the Iceland volcano mess and the gold ETFs fraud unraveled by the US commodity exchange regulator. Even as analysts made a big fuss about the gold's safe haven importance...
Bank of England holds rates, no change on QE
The Bank of England kept interest rates at 0.5 percent and made no change to its asset purchase target on Monday, keeping in place stimulus measures designed to nurse the economy back to health.
Oil spill solutions uncertain, slick spreads west
The huge slick from the Gulf of Mexico oil spill threatened Louisiana shores west of the Mississippi Delta on Monday as BP Plc said it was trying multiple options to control the leak, without being sure that they would work.
Wall Street set to soar on euro zone rescue plan
U.S. stock index futures pointed to a more than 4 percent gain at the open on Monday after a $1 trillion global emergency rescue package was launched, quelling contagion fears and sending European stocks surging.