INVESTMENT

The U.N. Human Rights Council (UNHRC) adopted a resolution Thursday asking Sri Lanka to re-investigate alleged war crimes during its 26-year-long war with Tamil tigers. The U.S-sponsored resolution was backed by 24 countries while 15 countries voted against it. Eight countries chose to abstain from the voting.

China's factory activities slumped for the fifth consecutive month as weakening domestic demand continued to weigh on growth. Spooked investors moved quickly out of riskier assets while hoping for further easing from Beijing.

Tim Tebow's arrival in New York will create a financial boost for the Jets, but his endorsement deals will depend on his playing time.

Claims for jobless benefits fell to a four-year low of 348,000, a sign that the labor market recovery is picking up steam.

Stock index futures fell on Thursday after manufacturing data in the euro zone and China increased worry about a slowing global economy.

The so called iPhone 5 rumor mill got a fresh boost up Wednesday after a reported surfaced claiming that Apple is moving along with development of the next iteration of iPhone, and is now in the process of reviewing components submitted by suppliers for potential use in the device.

Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.57 percent and Nasdaq 100 futures down 0.58 percent at 1000 GMT.

A lawsuit that accused Goldman Sachs Group Inc. of defrauding investors was refused dismissal by a federal judge in Manhattan, according to the latest reports.

Asian shares inched up Thursday but remained in ranges as investors waited for manufacturing data from China and the euro zone due during this session for more clues about the state of their economies.

Less than one week after Apple released the New iPad 3, unsatisfied buyers are already returning their tablets to stores and sending them back to the company.

Developments in the two weeks since the credit event confirmed that the world's first test of using credit default swaps as protection involving sovereign debt turned out fairly well. But broader concerns abound, such as the fragile Greek economy and what could be in store for fellow euro zone members Spain and Portugal.

Heavy equipment maker Caterpillar Inc. (NYSE: CAT) is expanding a Chinese manufacturing facility by 80 percent, the U.S. company said Wednesday.

President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.

Apollo Global Management LLC said on Wednesday it was doubling down on Bank of America Corp's European assets, agreeing to buy its Irish consumer credit card portfolio after acquiring its Spanish credit card unit last summer.

Stocks struggled on Wednesday to rise above recent highs, hampered by losses in risk-associated sectors like energy and financials.

It's almost unthinkable that the U.S. government will continue to sustain current levels of spending, and the reduction will lead to diminished profit margins of companies, asset manager James Montier of GMO writes.

Activist hedge fund Third Point on Wednesday filed a proxy statement with regulators seeking to install its own slate of directors on Yahoo Inc's board after criticizing the Internet company's recent appointees to the board.

Beats Electronics, majority-owned by HTC, is close to acquiring digital music subscription service MOG for an undisclosed sum, according to an anonymous source familiar with the matter.

U.S. existing home sales fell to 4.59 million in February, 0.9 percent below upwardly revised sales figures in January, the National Association of Realtors (NAR) said Wednesday.

Travel, that most social of pursuits, has always been wise to the Web. But reaping quantifiable rewards from the social web is proving as elusive for travel brands and booking engines as it is for most other industry sectors.

Oracle Corp beat Wall Street's earnings estimates as new software sales came in at the high end of the company's forecast, offsetting a sharp drop in hardware revenue.