China Detains GlaxoSmithKline Workers In Corruption Probe
Chinese police probe the British pharmaceutical giant after its internal investigation finds no evidence of corruption.
US Factory Sector Expanded In June
However, the ISM employment metric came in at 48.7, down 1.4 percent from May's 50.1 percent reading -- which suggests fewer job openings.
4 Egyptian Ministers Resign From Morsi's Cabinet After Protests
The ministers handed in their resignation letters at the same time to Prime Minister Hesham Qandil.
Obama Tours Mandela's Former Prison
The U.S. President and first family visited the prison where South Africa's apartheid government held Mandela for 27 years.
Supreme Court Denies Emergency Request From Gay Marriage Opponents
Groups claim the rule of law has been "bypassed" and that they deserve the usual three-week period to determine their next legal move.
Ecuadorean President Says Snowden's Fate Still In Russia's Hands
Correa said he can't give asylum to Snowden until the fugitive reaches Ecuador or an Ecuadorean embassy.
Russian Tycoon Acquires Stake In Swiss Steel Company
The move forces out the company's chairman and ends a power struggle between the board and the founders' descendants.
ETFs Down Record 5%, Lose $13 Billion In June After Fed News
The sudden run reversed the record pace ETFs were on for annual inflows to a record month of outflows.
China's Ding Xuedong To Head Sovereign Wealth Fund
Ding was chosen for his close ties to cabinet members and his agriculture finance management experience.
Obama Uncertain If He'll Visit His 'Hero,' Mandela
The White House says President Obama will follow the family's lead on whether it will be possible to meet Mandela.
IMF Official Says Green Growth Will Create Jobs
Christine Lagarde says that green energy innovation can spur job growth in roles that have not yet been invented.
Mortgage Rates Jump, But Freddie Mac Says Home Sales Will Remain Strong
Despite rate hike, homebuyer affordability remains strong for many families, according to the government lender.
As It Weighs Snowden Asylum, Ecuador Renounces US Trade Deal
Ecuador says it will not base its Snowden decision on a preferential trade deal with Washington, which it cancels.
US Jobless Claims Fall
The key 4-week moving average - which screens out anomalies like holidays, strikes and weather events - also decreased by 2.75K to 345,750.
Czech President Appoints Economic Advisor As New PM
Rusnok aims to complete 2014's budget for the country struggling through 18 months of recession.
Eiffel Tower Workers Walk Out And Strand Tourists
About 300 workers walked out after negotiations with tower officials failed, leaving thousands of tourists on the ground.
Asylum Talks Show How Ecuador's Politics Clash With Its Economics
Ecuador's asylum talks with Snowden come just weeks ahead of the U.S. Congress' vote to renew a unique trade deal to benefit Ecuador.
June US Consumer Confidence Beats Expectations
What's more, the Conference Board says the pace of growth is unlikely to slow in the short term and might even pick up.
US Durable Goods Orders Soar In May
New orders for manufactured goods in the U.S. rose more than expected, and the all-important core capital goods rate increased a decent 1.1%.
Ford, UAW To Offer Health Plan To Hourly Workers
The pilot program will address health care needs and prevent future problems among the company's most chronically ill workers.