IBT Staff Reporter

Ahead of Amazon's earning report after Thursday's bell, analysts believe the company's earnings report will show some strain.

In Greece, you are standing at crossroads of cultures, colours and civilisations, you feel the grandeur of history and the warmth of being at the southernmost part of Europe, you discover the evolutionary process of thought, influence and experience.

Oil rose on Thursday as a drop in the dollar outweighed rising U.S. inventories and economic concerns.

The New York Times Co will remain publicly traded, build its online business and cut costs despite brutal conditions that threaten the survival of newspapers, Chairman Arthur Sulzberger Jr said at the publisher's annual meeting on Thursday.

United Parcel Service Inc reported a lower-than-expected profit and gave an outlook below analysts' views as the global economic downturn has caused fewer packages to be shipped, sending its shares down as much as 7.5 percent.

Banks and the U.S. housing market are past the crisis stage and are now on a path to recovery, a top U.S. regulator said on Thursday.

Now that his relationship with Jennifer Aniston has come to an end, John Mayer is wasting no time in finding a new replacement.

Stocks were little changed on Thursday as disappointing economic data and outlooks from bellwethers like UPS were offset by a rise in regional banks.

A defense lawyer for one of the four men sentenced to jail in the Pirate Bay case demanded a retrial on Thursday, saying the judge's membership in several copyright protection groups meant he might have been biased.

United Parcel Service Inc reported a lower-than-expected profit and gave an outlook below analysts' views as the global economic downturn has caused fewer packages to be shipped, sending its shares down as much as 7.5 percent.

U.S. newspaper publisher McClatchy Co reported a quarterly loss on Thursday because of layoff charges and falling advertising revenue.

General Motors moved closer to selling a majority stake in Opel, while the deadline for Chrysler to find a partner entered its final days, and Japan's Toyota kept its top global ranking even after reporting a 27 percent drop in sales.

China celebrated its military confidence at sea Thursday, when anniversary celebrations for the founding of its navy climaxed with a show of the warships and submarines projecting its spreading power.

The Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut its debt, labor costs and reach an alliance with Italy's Fiat SpA, sources said on Wednesday.

China slammed Japanese Prime Minister Taro Aso on Thursday for his offering to the Yasukuni shrine for war dead, warning of damage to ties while the two Asian powerhouses grapple with financial woes and North Korea.

Two suicide bombers wearing vests full of explosives blew themselves up in separate attacks on Thursday, killing 76 people, including many Iranian pilgrims, in what appeared to be Iraq's bloodiest day in over a year.

Italy's cabinet on Thursday pledged to raise 8 billion euros over the next three years to rebuild the earthquake city of L'Aquila, without raising taxes or creating a hole in public accounts.

Pakistan's government has abdicated to the Taliban in agreeing to impose Islamic law in the Swat valley and the country now poses a mortal threat to the world, U.S. Secretary of State Hillary Clinton said on Wednesday.

An investigation of Bank of America Corp revealed facts that raise questions about the transparency of the U.S. government program to help banks in the financial crisis, New York's top legal officer said in a letter made public on Thursday.

China on Thursday urged the United States not to let the Dalai Lama, whom Beijing brands a separatist, visit the country. The exiled Tibetan spiritual leader, who fled his homeland in 1959 after a failed uprising against Chinese rule, starts a visit to the United States this week.

U.N. Secretary General Ban Ki-moon and Somalia's president urged international donors on Thursday to give the east African country more money to fight piracy and restore order after two decades of anarchy.

Millions of Indians, including Prime Minister Manmohan Singh, voted peacefully on Thursday in the second stage of a month-long general election that could throw up a weak coalition.

The Obama administration should set a positive example by ensuring that the regulators it leads do the right thing by giving the public a clear, detailed and relevant picture of how well or not the largest U.S. banks are doing.

South Africa's ruling ANC headed for election victory on Thursday despite a reinvigorated opposition challenge and party leader Jacob Zuma was easily on course to become president weeks after beating graft charges.

Negotiators from the United States and Russia will take the first steps toward a new treaty to curb nuclear arms Friday, part of an effort to improve relations.

F5 Networks (FFIV) maker of systems that handle and manage delivery of online applications has announced their revenue of $154.1 million for the second quarter of fiscal 2009 fell 3.1% from $159.1 million in the second quarter of fiscal 2008, with profit of $38 per share.

U.S. stocks declined on Thursday as bleak reports on housing and the labor market dented hopes the economic slump was abating and outlooks from bellwethers like UPS heightened worries about corporate profits.

U.S. stocks declined on Thursday as bleak reports on housing and the labor market dented hopes the economic slump was abating and outlooks from bellwethers like UPS heightened worries about corporate profits.

A wildfire along the coast of South Carolina has ripped through Myrtle Beach early Thursday forcing dozens of people to evacuate their homes and leaving behind it more than 8,000 scorched acres.