News Corp's MySpace refused to comment on Thursday on a report the previous day that said the online social network will fire a massive number of employees.
News Corp's MySpace refused to comment on Thursday on a report the previous day that said the online social network will fire a massive number of employees.
U.S. retailer Macy’s Inc., which operates a chain of 840 stores nationwide, said Thursday it will open two new Macy’s stores in the Central Valley of California ahead of the holiday shopping season.
The head of oil company Chevron Corp said efforts to cut U.S. carbon emissions by 80 percent by 2050 were unrealistic because so much current energy infrastructure would have to be replaced.
U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.
U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.
U.S. foreclosure activity for May ebbed from April's record, but mortgages still failed at a staggering pace as President Barack Obama's rescue programs had not had time to fully take root, RealtyTrac said on Thursday.
Lehman Brothers Holdings Inc is being sued by two former clients for more than $190 million, alleging the failed bank deceived them about the market for auction-rate debt.
California's government risks a financial meltdown within 50 days in light of its weakening May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap, the state's controller said on Wednesday.
California states controller on Wednesday warned the state faced the risk of a financial meltdown within 50 days following a sharp decline in May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap.
Miss California, Carrie Prejean, has officially lost her crown after the beauty queen continued to breach her contract agreement.
Controversial pageant queen Carrie Prejean is being stripped of her California 2009 title, not because of her racy photos or personal beliefs, but due to breach of contract, according to a statement from the Miss California USA organization.
As the financial crisis continues to dampen the global economy, a popular online microlender to third world countries, Kiva.org, has now begun to offer loans to low-income entrepreneurs in the U.S.
Opponents of a new hydrogen plant under construction at Chevron Corp's San Francisco Bay-area refinery in Richmond, California, plan to ask a California judge to stop the project because of a flawed environmental impact report, an attorney said Tuesday.
A U.S.-based language monitoring group crowned Web 2.0 as the one millionth word or phrase in the English language on Wednesday, although other linguists slammed it as nonsense and a stunt.
As the economic crisis squeezes U.S. government budgets and priorities shift beyond defense, the world's top defense contractors will likely turn to acquisitions to ensure they can keep growing.
U.S. bankruptcy filings rose in the first quarter to the highest since 2005, government data show, as rising unemployment, falling housing prices and tight credit made it harder for people to hold off their creditors.
Breastfeeding may protect women with multiple sclerosis against relapses of their disease, possibly by delaying a return to normal monthly cycles, U.S. researchers reported on Monday.
New York could create as many as 50,000 jobs by converting 45 percent of its electricity needs to renewable energy sources by 2015, Governor David Paterson said on Monday as he unveiled plans to reduce the state's reliance on Wall Street.
Barclays Plc is in talks to sell Barclays Global Investors , the British bank said on Monday, with U.S. fund manager BlackRock the frontrunner to land the asset manager for about $12 billion.
Solar firm SunPower Corp. said Monday it signed a deal with Jabil Circuit to manufacture solar panels in Mexico for the North American market.
Barclays Plc is in talks to sell Barclays Global Investors , the British bank said on Monday, with U.S. fund manager BlackRock the frontrunner to land the asset manager for about $12 billion.