Lawmakers set sights on P2P programs
Lawmakers are considering a bill that would prohibit peer-to-peer file sharing programs from being installed onto computers without consent.
Sen. Rockefeller attacks 'rapacious' health industry
Sen. Jay Rockefeller of West Virginia unleashed an attack on the health insurance industry and the need for more regulation on Thursday during a health summit of top politicians convened by President Barack Obama.
Stocks slip on economic worries, Greece weighs
U.S. stocks fell on Thursday but were off session lows after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
Senators urge US to combat China currency policy
A group of 15 U.S. senators on Thursday insisted that China's currency practices are effectively a subsidy, and urged Commerce Secretary Gary Locke to take action. There can be no doubt that China's policy of large-sale intervention in the exchange markets and the significant undervaluation of its currency acts as a subsidy to Chinese exports, the senators said in a letter.
FOREX-Euro reverses losses vs dollar, touches session high
The euro reversed losses against the U.S. dollar on Thursday and touched a peak for the session so far as U.S. stocks cut declines in afternoon trading. The euro hit a high of $1.3571 and was last changing hands at $1.3555, up 0.1 percent on the day, as the three main benchmark U.S. stock indexes pared declines.
Stock market pares losses as Greece fear subsides
Greece woes returned to the headlines Thursday as reports of massive protests troubled investors and the threat of an S&P downgrade loomed. However, by the afternoon session, sentiments rebounded as U.S. stock pared losses.
SeaWorld Orlando reopens after whale's fatal incident
SeaWorld Orlando reopened Thursday ater a killer whale tragically killed an experienced trainer at Shamu Stadium.
Sea World Tragedy: Victim's sister speaks out
The sister of a trainer who died tragically after being attacked by a killer whale at Sea World in Florida, said her family is in shock at the incident.
The Street's jobless recovery
When Matt Prendergast was laid off in 2008 after Bear Stearns collapsed, he expected to find a new job right away. With more than 20 years' experience as an investment banker, he thought he was sitting pretty.
Weak data raises worries about recovery
Demand for a wide range of U.S. manufactured goods unexpectedly fell in January, while new applications for jobless benefits rose again last week, the latest data to suggest a step back in the economy's recovery.
Deere considers sale of $1 billion wind portfolio
Deere & Co has retained Goldman Sachs Group Inc to help review options for its $1 billion wind energy portfolio, including a possible sale.
Stocks cut losses on materials, Apple
Wall Street pared losses on Thursday as materials and healthcare sectors edged off session lows and worries eased about the strength of an economic recovery.
Stocks slide as economic worries and Greece weigh
U.S. stocks suffered their biggest drop in three weeks on Thursday after weak employment and durable goods data added to recent worries about the strength of the economic recovery.
GMAC stabilized, IPO seen a year away: Treasury:
Auto finance company GMAC has largely been stabilized, but an initial public stock offering that will reduce the taxpayers' stake is probably at least a year away.
Killer Whale victim's body pulled out of jaws
The woman tragically killed by a Killer Whale in Sea World in Florida on Wednesday, has been taken out of the jaws of the whale.
JPMorgan may buy stake in Brazil's Gavea: report
JPMorgan Chase & Co is in talks to buy a stake in Brazilian hedge fund and private equity firm Gavea.
Business Books: Choices and how we make them
Whether it's a career or a meal, we want to choose. Exercising control feels good. It defines who we are. It's what creates our lives.
Toyota's Inaba will testify in Senate on safety
Toyota North America President Yoshimi Inaba and U.S. Transportation Secretary Ray LaHood will testify before a Senate committee next week.
Oil falls over 2 percent on recovery concerns
Oil dropped more than 2 percent on Thursday to below $78 a barrel as weak U.S. employment and durable goods data raised more concerns about a recovery in the world's top energy consumer.
SeaWorld whale trainer may have died from drowning, injuries
An experienced killer whale trainer that was killed yesterday by one of the Orcas likely died from traumatic injuries and drowning, the Orange County Medical Examiner said, according to the Associated Press.
Obama seeks Republican agreement at health summit
President Barack Obama pleaded for bipartisan agreement at a last-ditch summit to save his healthcare overhaul on Thursday, but quickly clashed with Republicans who urged him to scrap his plan.
Palm cuts revenue outlook on weak phone sales
Palm Inc slashed its revenue targets on weak demand for its smartphones, renewing concerns about its ability to compete against rivals like Apple Inc and sending shares down 16 percent.
Fixed income a hot area in slow jobs recovery
A fixed-income trading boom fueled profits across Wall Street last year and is sparking hiring this year, recruiters say, as banks hope for a repeat performance in 2010.
Cablevision posts quarterly profit; cash flow up
Cablevision Systems Corp reported a fourth-quarter profit on Thursday as it added more Internet and phone subscribers than expected.
Oil falls nearly 3 percent on recovery concerns
Oil dropped nearly 3 percent on Thursday to below $78 a barrel as weak U.S. employment and durable goods data raised more concerns about a recovery in the world's top energy consumer.
Apple holds annual meeting as stock seeks catalyst
Apple Inc Chief Executive Steve Jobs holds his annual face-to-face meeting with shareholders on Thursday, and there will be no shortage of questions for a company famously stingy with information.
Stock market drops on bearish headlines
The U.S. stock market declined Thursday on news of Greece woes and a disappointing unemployment claims report.
Oil falls 3 percent on recovery concerns
Oil fell more than 3 percent on Thursday to $77 a barrel, dragged lower by concerns over the outlook for the European economy and about the pace of U.S. recovery after a surprise jump in U.S. unemployment.
Apple's iTunes store marks sale of 10 billionth song
Apple's iTunes store hit a record Wednesday night selling its 10 billionth song and awarded the lucky customer who purchased the song with a U.S. $10,000 iTunes gift card.
GE to sell $3.3 billion stake in Garanti: GE sources
General Electric Co will sell its $3.3 billion stake in Turkey's Garanti Bank, GE Money sources said on Thursday, a move which could offer a rare chance to buy into Turkey's resilient bank sector.