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Yahoo buying Tumblr for $1.1 billion
(Reuters) - Yahoo Inc said it is buying blogging service Tumblr for $1.1 billion cash, giving the struggling Internet pio...
Sinbad files for bankruptcy - again
Comedian Sinbad has declared himself bankrupt with more than $10 million in debts, according to a report.The "Jingle...
U.S. tells Japan to stick to currency rules
By David Milliken and Leika KiharaAYLESBURY, England (Reuters) - The United States warned Japan on Friday to stick to the rul...
Job market shows surprising strength
WASHINGTON (Reuters) - Employment rose more than expected in April and hiring was much stronger than previously thought in th...
Congress passes plan to ease flight delays
By Doug Palmer and Richard CowanWASHINGTON (Reuters) - The U.S. House of Representatives on Friday approved a Senate plan to ...
Delays hit major airports as control tower furloughs kick in
NEW YORK (Reuters) - Travelers waited more than an hour for flights in New York and experienced delays at other U.S. airports...
EBay second-quarter forecast disappoints, shares slip
SAN FRANCISCO (Reuters) - EBay Inc on Wednesday gave a disappointing earnings forecast for the second quarter and said Europe...
Gold slumps to two-year low below $1,400 per ounce
LONDON (Reuters) - Gold dropped as much as 6.3 percent on Monday to below $1,400 per ounce for the first time since March...
Dish offers to buy Sprint for $25.5 billion
(Reuters) - Dish Network Corp, the No. 2 U.S. satellite television provider, offered to buy Sprint Nextel Corp for $25.5 ...
Obama budget targets millionaires, replaces sequester cuts
WASHINGTON (Reuters) - The White House on Wednesday proposed a budget that sharply trims the U.S. deficit over three years by...
VIDEO: U.S. Navy to field first laser weapon
WASHINGTON (Reuters) - The U.S. Navy said on Monday it will deploy for the first time a laser weapon on one of its ships that...
Chinese overtake Germans as biggest spending tourists
MADRID/FRANKFURT (Reuters) - Chinese tourists have overtaken Germans as the world's biggest-spending travelers after a de...
HP Chairman Lane resigns, Whitworth takes over for now
SAN FRANCISCO (Reuters) - Hewlett-Packard Co Chairman Ray Lane, who has come under fire from shareholders for his role in the...
Obama budget to offer program cuts, seek deficit deal
WASHINGTON (Reuters) - President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget p...
Yankees extend reign as MLB's most valuable team
(Reuters) - The New York Yankees are Major League Baseball's (MLB) most valuable team for a 16th consecutive year, coming...
iPad to fall behind Android as tablet war grows
SAN FRANCISCO (Reuters) - Shipments of tablets running Google Inc's Android will overtake the iPad this year for the firs...
Judge tosses New York City's ban on large soft drinks
NEW YORK (Reuters) - A judge on Monday invalidated New York City's plan to ban large sugary drinks from restaurants, movi...
Public transportation surges as Americans return to work
WASHINGTON (Reuters) - The number of Americans commuting by public transportation rose to the second highest level on record ...
Sturdy job gains offer bright sign for economy
WASHINGTON (Reuters) - U.S. employers stepped up hiring in February, adding a greater-than-expected 236,000 workers to their ...
Detroit turns down invitation to bid on 2024 Olympics
DETROIT (Reuters) - Detroit Mayor Dave Bing on Wednesday turned down an invitation to bid on hosting the 2024 Summer Olympics...
House passes funding bill, Obama reaches out to Senate
WASHINGTON (Reuters) - Legislation easily passed the House of Representatives on Wednesday to avert another partisan budget b...
Fox takes aim at ESPN with national sports TV channel
(Reuters) - News Corp introduced a long-rumored national cable television sports channel, Fox Sports 1, on Tuesday, aiming to...
Dow sets record highs as rally continues
NEW YORK (Reuters) - The Dow rose to record highs on Tuesday, breaking through levels last seen in 2007 as investors extended...
'Girls Gone Wild' video company files for bankruptcy
LOS ANGELES (Reuters) - The company behind the "Girls Gone Wild" video series featuring scantily clad young women d...
U.S. Senate approves Lew as Treasury chief
WASHINGTON (Reuters) - The U.S. Senate on Wednesday confirmed Jack Lew as President Barack Obama's new Treasury secretary...
Sony seeks head start over Microsoft with new PlayStation
NEW YORK (Reuters) - Sony Corp said it will launch its next-generation PlayStation this year, hoping its first video game con...
Desperate Postal Service tries to find its 'cool' factor
WASHINGTON (Reuters) - The U.S. Postal Service, desperate and almost broke, is looking to the wallets of younger Americans fo...
U.S. gauging interest in 2024 Olympic bid
(Reuters) - The United States Olympic Committee (USOC) sent letters to the mayors of 35 American cities on Tuesday to gauge t...
'Amazon tax' payoff starts to arrive in some states
(Reuters) - Sales tax from Internet commerce, a prize pursued for years by U.S. state governments, is starting to arrive in C...
Obama to apply fresh pressure on Republicans to avoid cuts
WASHINGTON (Reuters) - President Barack Obama will make a fresh push on Tuesday to force congressional Republicans to make co...
Maker's Mark reverses decision to lower alcohol content
(Reuters) - Maker's Mark said it was taking back a decision to reduce the alcohol content in its bourbon because of a lar...
Facebook hacked, social media company says
(Reuters) - Facebook said on Friday that it been the target of a series of attacks by an unidentified hacker group, but it ha...
American Airlines, US Airways unveil $11 billion merger
NEW YORK (Reuters) - The boards of AMR Corp and US Airways Group Inc separately met on Wednesday to approve a merger that w...
Lindsay Lohan served with foreclosure notice
Lindsay Lohan has been served with a foreclosure notice as U.S. bank bosses prepare to repossess the New York home where she ...
Entergy traces Super Bowl power outage to relay device
(Reuters) - U.S. power company Entergy Corp said Friday it has traced the cause of Sunday's Super Bowl power outage to an...
Dell to go private in $24.4 billion deal
(Reuters) - Michael Dell will take computer company Dell Inc private in a $24.4 billion deal that marks the biggest lever...
RIM changes name, unveils BlackBerry 10 in comeback bid
NEW YORK (Reuters) - Research In Motion Ltd unveiled a long-delayed line of smartphones on Wednesday it says will put the com...
VIDEO: Lindsay Lohan turned away by Los Angeles hotel
Due to appear in court today or risk an arrest warrant, Lindsay Lohan and mom Dina hopped on a late flight to Los Angeles las...
Toyota to recall 1 million vehicles for airbag, wiper glitches
TOKYO (Reuters) - Toyota Motor Corp will recall nearly 1.3 million cars globally for two separate defects, including 752,000 ...
Jobless claims fall to five-year low
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell to its lowest si...
Debt limit vote set; Obama likely to sign
WASHINGTON (Reuters) - A measure to extend the U.S. debt limit for nearly four months moved closer on Tuesday to a vote and t...
Senior Democrat says Senate to finally pass a budget
WASHINGTON (Reuters) - Senate Democrats for the first time in more than three years will pass a budget, a senior Democratic l...
Obama refuses to negotiate debt ceiling raise
WASHINGTON (Reuters) - President Barack Obama on Monday rejected any negotiation with Republicans over the most pressing U.S....
Cadillac ATS named 2013 Car of the Year
(Reuters) - General Motors Corp's Cadillac ATS, a new compact sedan aimed at the popular BMW 3 Series, was named 2013 Nor...
Consumer watchdog tightens mortgage lending rules on banks
WASHINGTON (Reuters) - More than five years after the housing market collapsed, the U.S. government's newly created consu...
AIG might sue government for bailing it out
NEW YORK/WASHINGTON (Reuters) - American International Group Inc, the insurer rescued by the U.S. government in 2008, said on...
Job growth cools slightly, recovery grinds on
WASHINGTON (Reuters) - Employers kept their pace of hiring virtually steady in December, falling short of the levels needed t...
Bigger fights loom after 'fiscal cliff' deal
WASHINGTON (Reuters) - President Barack Obama and congressional Republicans looked ahead on Wednesday toward the next round o...
Apple testing new iPhone, iOS 7: report
(Reuters) - Apple Inc has started testing a new iPhone and the next version of its iOS software, news website The Next Web re...
Congress approves fiscal cliff bill
WASHINGTON (Reuters) - The U.S. Congress approved a rare tax increase on Tuesday that will hit the nation's wealthiest ho...
Hours from 'fiscal cliff,' Washington still awaits deal
WASHINGTON (Reuters) - The U.S. Congress comes back on Monday without a deal to avert the "fiscal cliff" and only a...
Retailers scramble after lackluster holiday sales
(Reuters) - The 2012 holiday season may have been the worst for retailers since the 2008 financial crisis, with sales growth ...
Amazon most satisfying website to shop: survey
(Reuters) - Amazon.com Inc remained the best website for shopping online while JC Penney Co Inc suffered the largest drop in ...
Washington stirs for 'fiscal cliff' talks as Obama heads home
WASHINGTON/HONOLULU (Reuters) - Efforts to prevent the U.S. economy from going over a "fiscal cliff" stirred back t...
How retailers are building up their online muscle
MARTINSBURG, West Virginia (Reuters) - The brave new world for U.S. retailers can be found in small cities like Martinsburg, ...
'Gangnam Style' in line for UK dictionary inclusion
LONDON (Reuters) - He has the most-watched video in Youtube history, become a pop sensation with a horse-riding dance craze t...
Instagram says no plans to put user photos in ads
SAN FRANCISCO (Reuters) - Instagram, the popular photo-sharing service owned by Facebook Inc, said on Tuesday it has "no...
'Fiscal cliff' deal closer, but gaps remain
WASHINGTON (Reuters) - After making major concessions on long-held "fiscal cliff" positions, President Barack Obama...
Obama, Boehner hold frank meeting on 'fiscal cliff'
WASHINGTON (Reuters) - President Barack Obama and House of Representatives Speaker John Boehner held a "frank" face...
'Fiscal cliff' outcome still uncertain; talks continue
WASHINGTON (Reuters) - As the pace of talks quickened to avert the "fiscal cliff" of steep tax hikes and spending c...
In shift, Obama accepts corporate funding for inauguration
WASHINGTON (Reuters) - President Barack Obama's inauguration committee is accepting corporate donations to help fund the ...
Jobless rate falls to 7.7 percent, lowest in 4 years
WASHINGTON (Reuters) - Employment grew faster than expected in November, but a drop in the unemployment rate to nearly a four...
Obama, Boehner talk; Geithner prepared to go off 'cliff'
WASHINGTON (Reuters) - Republicans in Congress and President Barack Obama consumed much of Wednesday talking up their positio...
Obama to stress need to raise debt limit 'without drama'
WASHINGTON (Reuters) - President Barack Obama will renew his case for tax hikes on wealthy Americans to avert a year-end fisc...
House Republicans unveil new fiscal cliff offer
WASHINGTON (Reuters) - Republicans proposed steep spending cuts on Monday but gave no ground on President Barack Obama's ...
Ford aims for Lincoln rebound with new ads (VIDEO)
DETROIT (Reuters) - Ford Motor Co wants to place its lagging Lincoln nameplate back on the tips of buyers' tongues with a...
Geithner predicts Republicans will yield on taxes
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner pushed Republicans on Sunday to offer specific ideas to cut the de...
Only three major cities see economic recovery
WASHINGTON (Reuters) - Retailers moving into old downtown buildings, an abundance of freshly planted greenspaces, and a strea...
Cracks show in Republican unity on tax rates
WASHINGTON (Reuters) - Republican unity against raising tax rates for the wealthy began to show cracks on Wednesday after a c...
Apple takes smartphone top spot from Google
HELSINKI (Reuters) - Early success for the iPhone 5 smartphone has helped Apple to overtake Google's Android software in ...
With 'fiscal cliff' deadline nearing, parties still at odds
WASHINGTON (Reuters) - Republicans in the U.S. Congress on Monday called on President Barack Obama to detail long-term spendi...
New York, New Jersey put $71 billion price tag on Sandy
(Reuters) - New York state and New Jersey need at least $71.3 billion to recover from the devastation wrought by Supersto...
J.K. Rowling's makes millions on sale of home
"Harry Potter" author J.K. Rowling's former Scottish home has sold for more than $3.2 million after just th...
Black Friday online sales top $1 billion for first time
SAN FRANCISCO (Reuters) - Black Friday retail sales online this year topped $1 billion for the first time ever as more co...
Consumers to spend less if middle-class taxes rise: White House
WASHINGTON (Reuters) - A White House report says that if that Congress allows taxes to go up on middle-class families, consum...
'Fiscal cliff' talks stalled but progress possible
WASHINGTON (Reuters) - U.S. lawmakers have made little progress in the past 10 days toward a compromise to avoid the harsh ta...
Shoppers buy earlier this holiday season
CHICAGO/SAN FRANCISCO (Reuters) - Online shopping has grown sharply so far this holiday shopping season after U.S. retailers ...
J.R.R. Tolkien estate sues Warner Bros. over gambling, games
LOS ANGELES (Reuters) - The estate of "The Lord of the Rings" author J.R.R. Tolkien and publisher HarperCollins hav...
Big U.S. banks give $22 billion under mortgage relief deal
(Reuters) - Five U.S. banks have provided about $22 billion in mortgage relief to customers under a deal to settle borrow...
Lawmakers say they're confident they can avoid 'fiscal cliff'
WASHINGTON (Reuters) - Leading U.S. lawmakers expressed confidence on Sunday that they could reach a deal to avert the "...
New 'Call of Duty' game has 1st-day sales of $500 million
(Reuters) - The latest "Call of Duty" videogame had sales of more than $500 million in the first 24 hours of it...
Obama to face tough questions on 'fiscal cliff,' Petraeus
WASHINGTON (Reuters) - President Barack Obama on Wednesday is expected to be grilled about negotiations to avert a looming &q...
Obama says he's open to compromise in talks on fiscal cliff
WASHINGTON (Reuters) - President Barack Obama on Friday invited congressional leaders to the White House to start negotiating...
Apple slides to five-month low, uncertainty grows
SAN FRANCISCO/NEW YORK (Reuters) - Shares of Apple Inc slid almost 4 percent on Wednesday to a five-month low as investors gr...
Government may pick up hotel tab for 34,000 Sandy victims
WASHINGTON (Reuters) - The government said on Monday it had ordered the suspension of some housing foreclosures in areas hit ...
Facebook's Sandberg sells $7.4 million in stock
SAN FRANCISCO (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and two other executives at the social network...
Travelers, cargo stranded as airports, rails assess damage
(Reuters) - As rail, transit, airline and port workers dug through debris, dealt with power outages and assessed damage on Tu...
Disney buys Lucasfilm for $4.05 billion; new 'Star Wars' expected in 2015
LOS ANGELES (Reuters) - Walt Disney Co agreed to buy filmmaker George Lucas's Lucasfilm Ltd and its "Star Wars"...
Airlines cancel flights, hotels book up before hurricane
NEW YORK (Reuters) - Hurricane Sandy will likely cause financial headaches for U.S. airlines that canceled more than 7,000 fl...
Americans to face tougher 2013 on rising prices, taxes
NEW YORK (Reuters) - Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expe...
Apple unwraps mini-iPad to take on Amazon, Google
SAN JOSE (Reuters) - Apple Inc took the wraps off an 8-inch tablet on Tuesday in its biggest product move since the debut of ...
America's biggest readers? Teens and 30-somethings
WASHINGTON (Reuters) - The most likely book readers in the United States are high-school students, college-age adults and peo...
U.S. holiday spending to show a scant rise in 2012
(Reuters) - Consumers plan to spend an average of $749.51 on gifts, decorations and other holiday items this season, a me...
Amazon CEO confirms Kindle sold "at cost"
(Reuters) - Amazon Chief Executive Jeff Bezos confirmed on Thursday that the online retailer sells its Kindle e-reader "...
U.S. foreclosures at lowest level in five years
(Reuters) - Foreclosure filings on U.S. homes in September fell to their lowest level in five years, but some states are stil...
Jobless rate tumbles to near four-year low
WASHINGTON (Reuters) - The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential bo...
Weak U.S. labor market looms ahead of elections
WASHINGTON (Reuters) - Fears of government austerity likely kept U.S. job gains modest and the unemployment rate elevated in ...
Facebook reaches one billion monthly active users
(Reuters) - Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last m...
Retail trade group sees holiday sales growth slowing
(Reuters) - U.S. retail sales should rise 4.1 percent this holiday season, slower growth than in the past two years as mixed ...
Facebook's new pitch to brand advertisers: forget about clicks
SAN FRANCISCO (Reuters) - Facebook Inc, stung by doubts that advertising on the social network delivers enough bang for the b...
Apple's Cook sorry for Maps errors, suggests rivals
SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook apologized Friday to customers frustrated with glaring errors in...
Gas prices come down for first time since July
(Reuters) - Gasoline prices in the United States dropped four-tenths of a cent over the past two weeks as crude oil prices fe...
Chicago teachers to vote October 2 on new contract
By Mary WisniewskiCHICAGO (Reuters) - Chicago teachers will vote October 2 on whether to approve a contract with the nation&#...
MLB nearing long-term TV rights with two broadcasters
(Reuters) - Major League Baseball is nearing long-term television deals with two broadcasters that will help double its TV re...
Apple sells 2 million new phones, shares touch $700
(Reuters) - Apple Inc booked orders for over two million iPhone 5 models in the first 24 hours, reflecting a higher-than-expe...
Do PCs have a future? Intel thinks so
SAN FRANCISCO (Reuters) - Intel Corp showed off hybrid tablets and ultrabook laptops with voice and gesture recognition techn...
New iPhone could boost U.S. economy, JP Morgan says
(Reuters) - The next generation iPhone 5, which Apple Inc. plans to release this week, could not only boost the tech giant...
Job growth cools, posing challenge for Obama
By Lucia MutikaniWASHINGTON (Reuters) - Jobs growth slowed sharply in August, setting the stage for the Federal Reserve to pu...
Jobs growth cools in August, seen forcing Fed's hand
By Lucia MutikaniWASHINGTON (Reuters) - Jobs growth slowed sharply in August, setting the stage for the Federal Reserve to pu...
Blunt Christie tells Republicans it's time to face fiscal truth
TAMPA, Florida (Reuters) - New Jersey Governor Chris Christie accused Democrats of refusing to tell Americans the truth about...
Apple triumphs over Samsung, awarded over $1 billion damages
SAN JOSE, California (Reuters) - Apple Inc. scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the K...
Romney battles Obama for cash advantage in election
WASHINGTON (Reuters) - The Republican Party and presidential candidate Mitt Romney have almost $60 million more in the ba...
Consumer sentiment at three-month high
NEW YORK (Reuters) - U.S. consumer sentiment improved in early August to the highest in three months as sales at retailers an...
White House studying potential oil reserve release
WASHINGTON (Reuters) - The White House is "dusting off old plans" for a potential release of oil reserves to dampen...
Muted inflation supports more Fed easing
By Lucia MutikaniWASHINGTON (Reuters) - Consumer prices were flat in July for a second straight month and the year-over-year ...
Who needs a license? Self-driving cars coming our way
By Ben KlaymanDETROIT (Reuters) - It's been more than half a century since some of the first concept cars boasting self-d...
Drought, food prices fan fears of new crisis
ROME/CHICAGO (Reuters) - Global alarm over a potential repeat of the 2008 food crisis escalated after data showed food prices...
Companies add more jobs, but manufacturing falters
By Leah SchnurrNEW YORK (Reuters) - U.S. companies hired more workers than expected in July, but continued weakness in the ma...
U.S. raises pressure for euro zone crisis action
By Paul Carrel and Terhi KinnunenFRANKFURT/HELSINKI (Reuters) - The United States raised pressure on euro zone leaders to tak...
Drought deepens worries about food supplies, prices
By Bob BurgdorferCHICAGO (Reuters) - Alarm grew over the unrelenting Midwest drought on Tuesday, as one of the top corporate ...
Mailers fret over post's looming payment default
WASHINGTON (Reuters) - Mail industry companies are concerned about a looming default by the Postal Service on a $5.5 bill...
Wary consumers, trade curb U.S. growth in Q2
WASHINGTON (Reuters) - U.S. economic growth slowed as expected in the second quarter as consumers spent at their slowest pace...
Cash-strapped Britain eyes Olympic business bounce
LONDON (Reuters) - British Prime Minister David Cameron urged global business leaders gathered in London on Thursday ahead of...
Apple's invincibility fades on iPhone miss, global woes
SAN FRANCISCO (Reuters) - Apple Inc's biggest success has become its biggest risk factor.The iPhone revolutionized the sm...
Obama: Romney 'twisting my words' over small business remark
PORTLAND (Reuters) - President Barack Obama accused Republican Mitt Romney on Tuesday of misrepresenting a comment he made ab...
Obama unveils form to streamline college aid shopping
WASHINGTON (Reuters) - The Obama administration unveiled a form on Tuesday to help students compare college financial aid off...
Apple heads into choppy waters as new iPhone awaited
SAN FRANCISCO (Reuters) - Apple Inc faces an unusual phenomenon when reporting earnings this time around: low expectations.Fe...
Shoppers may be spared worst of corn price surge
NEW YORK (Reuters) - Grain prices are soaring as the Midwest corn belt suffers its worst drought since 1956, but that doesn&#...
Mayer gets $70 million pay package to lead Yahoo
(Reuters) - New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salar...
SpongeBob coins among assets seized by FBI
CHICAGO (Reuters) - Silver SpongeBob SquarePants coins minted by a private company in New Zealand were among the assets seize...
Gordon Ramsay named highest earning chef in U.S.
NEW YORK (Reuters) - With 24 restaurants around the world, 11 Michelin stars, numerous cookbooks, and TV shows, Gordon Ramsay...
Romney ad questions Obama's economic stimulus measures
WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney, trying to deflect criticism of his lucrative past caree...
Gasoline prices fall more, but slide may be over
(Reuters) - Consumers have caught a break from the slowing economy as gasoline prices extended their steep three-month declin...
JPMorgan profit falls on $4.4 billion trading loss
(Reuters) - JPMorgan Chase & Co, the biggest U.S. bank, said it had generated $4.4 billion of credit trading losses in it...
That Gotye Song
Whether it's a Gotye song or not, this is a situation everyone can relate to!
Amtrak plans 37-minute train from New York to Philadelphia by 2040
PHILADELPHIA (Reuters) - Amtrak announced a $151 billion improvement plan on Monday that includes 37-minute trips from Ne...
Obama to seek one-year extension of Bush tax cuts
WASHINGTON (Reuters) - President Barack Obama will call for a one-year extension of Bush-era tax cuts for families earning le...
U.S. hiring stuck in low gear in June
WASHINGTON (Reuters) - U.S. employers hired at a dismal pace in June, raising pressure on the Federal Reserve to do more to b...
GM talking with Facebook about advertising again
DETROIT/SAN FRANCISO (Reuters) - General Motors Co and Facebook Inc are discussing the return of the U.S. automaker as a paid...
Americans squeezed by higher rents, tight credit
(Reuters) - One night last spring, David Hall returned home to his studio apartment outside Boston to learn that his monthly ...
Former Ferrari car designer Pininfarina dies
MILAN (Reuters) - Sergio Pininfarina, whose family company designed almost every Ferrari since the 1950s and whose name is st...
AT&T says AMC's new rates too steep
(Reuters) - AT&T Inc said AMC Networks is seeking an "excessive rate increase" to renew its U-verse TV contract, wh...
Evidence suggests anti-foreclosure laws may backfire
State and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the...
Facebook taps COO Sandberg to be first woman on board
SAN FRANCISCO (Reuters) - Facebook Inc named Chief Operating Officer Sheryl Sandberg a director on Monday, elevating the firs...
Fund for grandmother bullied on bus reaches $650,000
NEW YORK (Reuters) - Donations to a fundraising website for a grandmother bullied by middle-school students on a bus reached ...
Celebrities back Greenpeace campaign to protect Arctic
RIO DE JANEIRO (Reuters) - One hundred celebrities backed a Greenpeace campaign against oil drilling and unsustainable fishin...
IRS to review whistleblower program for speed, quality
NEW YORK (Reuters) - The Internal Revenue Service is planning a "comprehensive review" of its embattled whistleblow...
Record number of drivers to hit the road on July 4: AAA
(Reuters) - Motorists will travel in record numbers for the Independence Day holiday this year, encouraged by cheaper gasolin...
State jobless rates drop, raise election stakes
By Lisa Lambert(Reuters) - Jobless rates in 49 out of the 50 U.S. states dropped in May from a year earlier, the Labor Depart...
Call app could lift Facebook sales: VoIP firm Rebtel
By Tarmo VirkiPARIS (Reuters) - Instead of just "liking" - why don't you call?A simple proposition like this co...
Kevin Costner wins lawsuit brought by Stephen Baldwin
By Leslie SnadowskyNEW ORLEANS (Reuters) - A jury ruled on Thursday in favor of actor Kevin Costner in a lawsuit in which fel...
Central banks reach for their guns over Greek vote
By Eva Kuehnen and Sven EgenterFRANKFURT/LONDON (Reuters) - Central banks from Tokyo to London checked their ammunition on Fr...
Time Inc to sell magazine subscriptions on Apple Newsstand
(Reuters) - Time Inc's stable of 20 magazines, including Sports Illustrated and People, are now available for subscriptio...
Wall Street roller coaster climbs; Fed, Greece eyed
By Edward KrudyNEW YORK (Reuters) - U.S. stocks rose on Thursday as Wall Street continued its roller coaster ride ahead of cl...
This 2-Year-Old Knows Cars
This 2-year-old little girl knows every make of car her father quizzes her on, and she's still 16 years away from driving...
Consumer prices drop, jobless claims rise
By Jason LangeWASHINGTON (Reuters) - Consumer prices fell in May by the most in more than three years as households paid less...
International super-rich target California real estate
By Sinead CruiseLONDON (Reuters) - The super-rich investors responsible for London's prime real estate bubble are adding ...
Weak retail sales point to slowing growth
By Lucia MutikaniWASHINGTON (Reuters) - Retail sales fell for a second straight month in May and wholesale prices dropped by ...
LinkedIn says to provide extra security layer
(Reuters) - Social networking website LinkedIn Corp said it will provide an additional layer of online security to its member...
Twitter's first TV ads tout advertising potential
By Gerry ShihSAN FRANCISCO (Reuters) - Twitter Inc aired its first TV ads to tout its advertising potential on Sunday during ...
Glenn Beck signs new $100 million radio contract
LOS ANGELES (Reuters) - Radio host Glenn Beck has signed a $100 million deal with syndicator Premiere Networks Inc to con...
Apple Expected to Unveil Applications to Take on Google
When Apple Inc kicks off its annual conference for software developers on Monday, all the power players in the Apple universe...
Ericsson says 4G mobile networks to cover half the world by 2017
STOCKHOLM (Reuters) - Half the world will have access to 4G mobile networks by 2017 providing the high-speed Internet access ...
Disney to stop some junk food ads on kids' TV, websites
LOS ANGELES (Reuters) - Walt Disney Co, owner of the ABC broadcast network and a suite of cable channels, will stop accepting...
Actors Costner, Baldwin go to trial over business deal
(Reuters) - Actors Kevin Costner and Stephen Baldwin opened a real-life legal drama on Monday as jury selection began in a tr...
More hotel deals expected in 2012
(Reuters) - The value of hotel deals for the first five months of 2012 came to $5.1 billion, down from $6.4 billion a...
Job growth stumbles, boosting pressure on Fed
WASHINGTON (Reuters) - Job growth in May was the weakest in a year and employers added far fewer jobs in the prior two months...
Illinois Rep's Freak Out
Illinois StateRepresentative, Mike Bost, angrily screams and throws paperson the House floor after being expected to vote on ...
Edwards jury reaches verdict on only 1 of 6 counts
GREENSBORO, North Carolina (Reuters) - The jury deliberating in the criminal trial of former U.S. Senator John Edwards has re...
Healthcare costs to rise 7.5 percent in 2013
WASHINGTON (Reuters) - The cost of healthcare services is expected to rise 7.5 percent in 2013, more than three times the pro...
Apple CEO sees TV as area of 'intense interest'
RANCHOS PALOS VERDES, California (Reuters) - Apple Inc Chief Executive Tim Cook said technology for televisions was of "...
Samsung Galaxy S3 gets head start on rival iPhone
SEOUL/LONDON (Reuters) - Samsung Electronics launched its top-of-the-range Galaxy S3 smartphone in Europe on Tuesday, aiming ...
Sophia Grace and Rosie Go to 'Cars Land'
Sophia Grace and Rosie are back, and this time they're giving us an exclusive lookat the new "Cars Land" in Dis...
Facebook market makers' losses total at least $100 million
(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely ...
Miracle sweetener stevia may have a sour note
PARIS (Reuters) - The meteoric rise of a natural, healthy alternative to sugar - a holy grail for the food industry - might j...
Home resales rise, boding well for economy
WASHINGTON (Reuters) - The pace of sales for existing homes in April rose to its fastest in nearly two years and a falloff in...
Westfield gives a peak at World Trade Center plans
LAS VEGAS (Reuters) - The first shops could throw open their doors in the redeveloped World Trade Center by March 2015, Austr...
Silicon Valley takes Facebook fizzle in stride
SAN FRANCISCO (Reuters) - Facebook's lackluster initial public offering performance is a black eye for many on Wall Stree...
Gingrich's private ventures are going bankrupt
(Reuters) - ATLANTA - When he entered the race for the Republican presidential nomination in May 2011, Newt Gingrich was the ...
Italy 'dog and cat tax' muzzled after uproar
ROME (Reuters) - A proposal to levy a tax on cats and dogs that stunned Italy on Friday turned out to be all bark and no bite...
Facebook's Debut is Modest, High Volumes Cause Problems
By Alexei OreskovicSAN FRANCISCO (Reuters) - Facebook Inc shares rose less than expected on their first day of trade on Frida...
Kraft Lowers Maxwell House Coffee Prices
(Reuters) - Kraft Foods said on Friday it lowered prices on many of its U.S. coffees, including its flagship brand Maxwell Ho...
Facebook Shares Rise 11 Percent in Frenzied Trade
By Alexei OreskovicNEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc shares opened 11 percent higher on Friday, after the pione...
Pinterest Financing Values Company at $1.5 Billion
By A. Ananthalakshmi(Reuters) - Silicon Valley startup Pinterest raised $100 million from a group led by Japanese online ...
Adidas sues Big 5 over alleged sneaker knock-offs
(Reuters) - Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneake...
Obama wants tough rules after JPMorgan loss: report
WASHINGTON (Reuters) - The White House, following a trading loss of more than $2 billion by JPMorgan, wants to ensure a t...
State income up in April, but may not be enough
(Reuters) - Personal income tax collections in states in April might have grown an average of more than 7 percent, but for so...
Foreclosed Americans find way back to homeownership
NEW YORK (Reuters) - When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expec...
GM to drop Facebook ads due to low consumer impact
DETROIT/SAN FRANCISCO (Reuters) - General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social ...
Florida Supreme Court hears landmark foreclosure suit
(Reuters) - The Florida Supreme Court heard arguments on Thursday in a landmark lawsuit that could undo hundreds of thousands...
House Republicans target social cuts to shield military
WASHINGTON (Reuters) - Republicans in the House of Representatives on Monday will fire their first shots of the next deficit-...
U.S. hiring slows, raising worries on recovery
WASHINGTON (Reuters) - Employers cut back on hiring in April and more people stopped looking for work, dimming hopes the econ...
United puts final touches on major Boeing 737 order
WASHINGTON (Reuters) - United Airlines is putting the finishing touches on an order for at least 100 Boeing Co 737 narrowbody...
California pension fund sues Wal-Mart, alleges bribery
SAN FRANCISCO (Reuters) - The second largest U.S. public pension fund said on Thursday it had sued current and former executi...
Hollywood hopes rise as Blu-Ray, digital offset DVD decline
LOS ANGELES (Reuters) - Hollywood may be seeing a turnaround in a seven-year decline of home video sales, thanks to double-di...
New York City sites compete for preservation grants
NEW YORK (Reuters) - Forty New York City cultural institutions and historic sites will compete for millions of dollars in gra...
Financial crises caused by 'stupidity and greed': Geithner
PORTLAND, Oregon (Reuters) - Treasury Secretary Timothy Geithner sought on Wednesday to reassure Americans that the Obama adm...
Signs of cheaper gas could brighten Obama campaign
WASHINGTON (Reuters) - New signs of lower U.S. gas prices could give a boost to President Barack Obama's re-election hope...
Resignation Song to Microsoft
After spending three years at her company this woman decides it's time to resign,through song.
Starbucks to phase out coloring from crushed beetles
(Reuters) - Starbucks Corp said on its blog on Thursday that it will stop using a natural, government-approved coloring made ...
Stung by gas prices, Obama seeks new oil crackdown
WASHINGTON (Reuters) - U.S. President Barack Obama, whose political fortunes are threatened by rising gasoline prices, propos...
Strong retail sales ease growth worries
WASHINGTON (Reuters) - Americans shrugged off high gasoline prices in March and spent more strongly than expected, suggesting...
U.S. economy in better shape to handle high gas prices: Geithner
WASHINGTON (Reuters) - The U.S. economy is in a better position to deal with high gasoline prices, Treasury Secretary Timothy...
Home prices close to bottoming, to rise in 2013
WASHINGTON (Reuters) - The relentless decline in home prices is nearing an end and prices should rise for the first time in s...
Energy costs stir worries in U.S. economic expansion
WASHINGTON (Reuters) - U.S. economic activity kept growing moderately in the late winter months but rising energy prices were...
Consumer Website Helps Factor College Costs
WASHINGTON (Reuters) - With many students eagerly waiting to find out which college they will be attending in the fall, the U...
Android Beats Apple in China Mobile Platform Race
SHANGHAI (Reuters) - Google Inc's Android mobile operating system (OS) was the top smartphone platform in China last year...
Rick Santorum suspends presidential campaign
By Patricia ZengerleGETTYSBURG, Pennsylvania (Reuters) - U.S. conservative Rick Santorum dropped out of his presidential camp...
Healthcare law could sharply worsen U.S. deficits
WASHINGTON (Reuters) - President Barack Obama's healthcare law could sharply exceed its cost-savings targets and add up t...
Facebook to buy Instagram for $1 billion
SAN FRANCISCO (Reuters) - Facebook will pay $1 billion in cash and stock for Instagram, a 2-year-old photo-sharing applic...
Caterpillar's big bet on the U.S. economy
VICTORIA, Texas (Reuters) - It hasn't been long since Caterpillar Inc <CAT.N> looked like the typical resident of t...
Jobs Act doesn't mean Wild West for companies
(Reuters) - Any U.S. corporate executives who think they can use the Jobs Act's relaxed rules for public listing to cut c...
Americans brace for next foreclosure wave
GARFIELD HEIGHTS, Ohio (Reuters) - Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hop...
James Bond swapping Martini for a Heineken?
James Bond has become a beer man - 007 will swap his trademark Martini tipple for a big brew in new film "Skyfall."...
March auto sales up 13 percent, recovery quickens
(Reuters) - Auto sales rose about 13 percent in March as consumers energized by an improving job market replaced aging vehicl...
Banking, shopping and job hunting online
NEW YORK (Reuters) - Banking and keeping track of finances, shopping and searching for jobs are the main tasks of Internet us...
Manufacturing up, construction spending falls
NEW YORK (Reuters) - The pace of growth in manufacturing picked up last month, even as measures of new orders and exports eas...
U.S. automakers expect sizzling sales for March
DETROIT (Reuters) - U.S. auto sales are expected to continue at a strong pace in March, capping the best quarter in four year...
A Romney win would likely change little at Federal Reserve
(Reuters) - For all the derision Republican presidential hopefuls have heaped on the Federal Reserve, a November win by lead ...
Magic Johnson Group to Buy Dodgers
By Ronald Grover and Sue ZeidlerLOS ANGELES (Reuters) - A group spear-headed by former basketball great Earvin "Magic&qu...
U.S. gasoline hits $3.93 a gallon: survey
NEW YORK (Reuters) - The price of a gallon of gasoline in the United States rose 11.49 cents over the past two weeks as profi...
Paul Allen gives $300 million to expand brain research
(Reuters) - Microsoft Corp co-founder Paul Allen has donated an additional $300 million to a foundation aimed at expandin...
Home sales show strength, prices rise
WASHINGTON (Reuters) - Home sales fell in February, but upward revisions to the prior month's pace and the first yearly i...
Starbucks goes beyond coffee with first juice bar
LOS ANGELES (Reuters) - Starbucks Corp opened the first store in its new Evolution Fresh juice bar chain on Monday, its bigge...
NY Mets owners settle Madoff case, avoid trial
NEW YORK (Reuters) - The owners of the New York Mets agreed to pay $162 million to settle a lawsuit by the trustee seekin...
Disney projects $200 million 'John Carter' loss
LOS ANGELES (Reuters) - Walt Disney Co shares fell 1 percent in after hour trading on Monday after the company said it expect...
Oprah Winfrey's OWN lays off 30 in restructuring
(Reuters) - Oprah Winfrey's Network, OWN, the iconic talk show host's 15-month old cable network, has laid off 30 sta...
Apple to decide on its $98 billion cash pile
SAN FRANCISCO (Reuters) - Apple Inc, the world's most valuable company, will discuss on Monday what it plans to do with i...
Apple touches record high as iPad 3 sales run hot
HONG KONG/SYDNEY (Reuters) - Apple's new iPad proved to be another hot-seller on Friday, with hundreds queuing at stores ...
Banks hike fees, cut costs to boost profits
(Reuters) - Jack up checking fees for bank customers who don't use direct deposit regularly. Replace tellers with self-se...
Fracking did not pollute water near homes: U.S.
WASHINGTON (Reuters) - A first round of tests showed no evidence that water at 11 homes in a small town in Pennsylvania near ...
Part of DC's Mall may be sinking faster than normal
WASHINGTON (Reuters) - Part of the National Mall near the Washington Monument may be sinking at a faster rate than expected, ...
Apple's 4G iPad debuts early, quietly in Australia
SYDNEY/SANFRANCISCO (Reuters) - Apple Inc's new iPad went on sale in Australia early on Friday, greeted by a throng of fa...
Home default notices rise in February
NEW YORK (Reuters) - The number of Americans receiving delinquency notices on their homes rose in February from January, whil...
Obama, Cameron discussed tapping oil reserves
WASHINGTON (Reuters) - President Barack Obama and British Prime Minister David Cameron discussed the possibility of releasing...
Yahoo sues Facebook for infringing 10 patents
SAN FRANCISCO (Reuters) - Yahoo Inc sued Facebook Inc over 10 patents that include methods and systems for advertising on the...
Fisker Karma car dies in Consumer Reports testing
DETROIT (Reuters) - A $100,000-plus Fisker Automotive luxury sports car died during Consumer Reports speed testing this w...
Chrysler CEO declines 2011 pay
DETROIT (Reuters) - Chrysler Group LLC's top executive declined a salary and bonus for a second straight year in 2011, wh...
Apple's Cook lifts lid on newest, 4G-powered iPad
SAN FRANCISCO (Reuters) - Apple Inc took the wraps off a faster 4G-equipped iPad on Wednesday, hoping the latest version of i...
Apple's next iPad may be a 4G game changer
SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc is betting a 4G-equipped iPad will tempt more U.S. consumers to pay extra to wat...
The Invisible Mercedes-Benz
Mercedes-Benz creates an "invisible" car to promote the company's new"invisible" environmental impact...
Facebook Seeks Breakthrough in Mobile Ad Market
By Georgina ProdhanBARCELONA (Reuters) - For Facebook it must look like a no-brainer -- exploit its huge consumer loyalty and...
Twitter is selling your data
(REUTERS) - Twitter users are about to become major marketing fodder, as two research companies get set to release informatio...
New, faster Apple iPad expected next week
SAN FRANCISCO (Reuters) - Apple Inc is hosting a media event next Wednesday, where it is expected to unveil a faster, better-...
Dow Closes at Highest Since May 2008
NEW YORK (Reuters) - The Dow closed above 13,000 for the first time since 2008 on Tuesday and the S&P 500 also hit a mileston...
U.S. gasoline hits $3.69 a gallon on Iran jitters
(Reuters) - The average U.S. price of gasoline jumped 18 cents a gallon in the past two weeks due to rising costs of crude oi...
Can U.S. economy withstand gasoline price curse?
WASHINGTON (Reuters) - Could history repeat itself? That is a question uppermost in the minds of many Americans as they waril...
More birthdays give wealthy unwanted gift: anxiety
(Reuters) - If you knew you would be around to blow out the candles at your 100th birthday party, would that change how you m...
In shift, Obama campaign targets Santorum
WASHINGTON (Reuters) - President Barack Obama's re-election campaign regularly rips Republican presidential frontrunner M...
Wal-Mart posts solid quarter, U.S. sales up
(Reuters) - Wal-Mart Stores Inc won over shoppers during the holiday season, with its Walmart U.S. division posting a 1.5 per...
Europe seals new Greek bailout to avert default
BRUSSELS (Reuters) - Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday t...
Madoff trustee files appeals in bank suits
(Reuters) - The trustee seeking money for Bernard Madoff's victims filed two appeals on Thursday to reverse judges' r...
California economy to slowly improve in 2012: study
LOS ANGELES (Reuters) - California's economy, the biggest in the United States and the ninth-largest in the world, will s...
Obama Budget Sets Up Election-Year Tax Fight
By Alister Bull and Laura MacInnisWASHINGTON (Reuters) - President Barack Obama called on Monday for new spending to boost gr...
Mortgage problems? Turn your house into a billboard
BUENA PARK, California (Reuters) - When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a star...
GE to hire 5,000 U.S. veterans, investing in plants
WASHINGTON (Reuters) - General Electric Co plans to hire 5,000 U.S. military veterans over the next five years and to invest ...
Apple to reveal latest iPad in March: report
SAN FRANCISCO (Reuters) - Apple Inc plans to introduce its latest iPad tablet at an event in the first week in March, the web...
Second round Dodgers bids due around Feb 23
LOS ANGELES (Reuters) - The second round of bids for the highly sought after Los Angeles Dodgers baseball team is due around ...
U.S. banks agree to $25 billion in homeowner help
WASHINGTON (Reuters) - Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government ...
PepsiCo to cut 8,700 jobs, invest in brands
(Reuters) - PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three yea...
Nissan sees annual profits beating Toyota, Honda
YOKOHAMA, Japan (Reuters) - Nissan Motor Co is on track to be the most profitable of Japan's three big automakers this ye...
Chrysler's 'Halftime' ad: A roadmap for America? (VIDEO)
LAS VEGAS (Reuters) - Is what is good for Chrysler good for America?The auto maker courted controversy and won kudos for a tw...
NASDAQ Vaults to 11-Year High on Surge in Jobs
By Edward KrudyNEW YORK (Reuters) - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11...
Job Growth Surges, Jobless Rate Drops to 8.3 Percent
By Lucia MutikaniWASHINGTON (Reuters) - The economy created jobs at the fastest pace in nine months in January and the unempl...
Job Growth Seen Slower in January
By Lucia MutikaniWASHINGTON(Reuters) - U.S. employment growth probably slowed in January as messengers hired during the busy ...
Facebook's Zuckerberg to keep iron grip after IPO
SAN FRANCISCO (Reuters) - Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billi...
Jessica Alba goes toxin-free with The Honest Company
LOS ANGELES (Reuters) - Working mom Jessica Alba is adding entrepreneur to her many titles, shifting from movie star to busin...
Chrysler reports profit on strong U.S. sales
DETROIT (Reuters) - U.S. automaker Chrysler Group LLC swung to a full-year net income of $183 million on Wednesday, and m...
Stephen Colbert's Super PAC raises $1 million
WASHINGTON (Reuters) - Stephen Colbert's U.S. presidential aspirations may not be serious, but his fundraising is. The la...
Honda slashes profit outlook on disasters
TOKYO (Reuters) - Honda Motor Co slashed its annual profit guidance to the lowest level in three years as it counted the cost...
In Facebook IPO, bankers seek prestige over fees
(Reuters) - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing t...
Mitt Romney releases tax records
TAMPA, Fla./WASHINGTON (Reuters) - Republican presidential candidate Mitt Romney released tax records on Tuesday indicating h...
Perry ends presidential run, backs Gingrich
WASHINGTON (Reuters) - Texas Governor Rick Perry dropped out of the race for the 2012 Republican presidential nomination on T...
Kodak files for bankruptcy, secures hefty lifeline
(Reuters) - Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon...
Republicans fume as Keystone oil pipeline rejected
WASHINGTON/CALGARY, Alberta (Reuters) - The Obama Administration rejected the Keystone oil pipeline on Wednesday, a move that...
Romney says he is taxed at around 15 percent rate
MYRTLE BEACH, South Carolina (Reuters) - Republican Mitt Romney acknowledged Tuesday that his income tax rate is "probab...
Obama seeks $1.2 trillion debt limit rise
WASHINGTON (Reuters) - President Barack Obama formally notified Congress on Thursday that he plans a $1.2 trillion increa...
Hostess returns to bankruptcy over pensions
(Reuters) - Twinkies and Wonder Bread maker Hostess Brands Inc filed for bankruptcy protection for the second time in less th...
Prepaid college plans: shrinking options, rising risks
(Reuters) - Jim and Celeste Durkin thought when they began investing six years ago in Illinois state's prepaid college saving...
Michigan: Detroit to run out of money by May
Lansing, Michigan (Reuters) - The struggling U.S. city of Detroit is on track to run out of money in May instead of April aft...
U.S. health spending barely rose in 2010
WASHINGTON (Reuters) - U.S. healthcare spending barely rose in 2010 from record-low recession levels, as high unemployment an...
Detroit seeks salvation during Big 3's victory dance
Detroit (Reuters) - Bill Perkins, a Detroit-area car dealer, has ample reason to raise a glass in the early days of January.P...
Payroll jobs up, jobless rate falls to 8.5 percent
WASHINGTON (Reuters) - Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percen...
Manufacturing index hits six-month high
NEW YORK (Reuters) - Manufacturing grew at its fastest pace in six months in December, capping a late-year upswing, but a Eur...
Same-store sales seen up 4.3 percent in December
(Reuters) - When top retailers post their December sales this week, Wall Street analysts are expecting them to report a healt...
Verizon ditches $2 fee after customer uproar
NEW YORK (Reuters) - Verizon Wireless has reversed its decision to charge a $2 fee for telephone and online bill payments...
Verizon looking into reports of 4G network problem
(Reuters) - Verizon Wireless is investigating reports that some customers were experiencing trouble accessing its fourth gene...
For the not-so-serious drinker: Marshmallow vodka
NEW YORK (Reuters) - Vodkas flavored with citrus and berry have been around for years and recently some newer brands have bee...
Retail sales resilient in final holiday stretch
(Reuters) - Retail sales look poised for a solid finish to the holiday season as warm weather and deep discounts encouraged s...
Sears to Close More Stores as Holiday Sales Slump
By Phil Wahba(Reuters) - Sears Holdings Corp sales kept falling at the peak of the holiday season, and the retailer said it w...
Congress Passes Payroll Tax Deal
By Richard Cowan and Rachelle YounglaiWASHINGTON (Reuters) - Congress approved a two-month payroll tax cut extension on Frida...
Amazon May Benefit As Digital Goods Sales Jump
By Alistair Barr(Reuters) - Digital goods are the fastest-growing category online this holiday, led by e-books, suggesting Am...
Jobless Claims at 3.5 Year Low
By Lucia MutikaniWASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits hit a 3-1/2 year low l...
Florida Town Seeks Nudist Vacationers from Europe
ORLANDO, Fla (Reuters) - A west Florida community is spending $3,800 in tax dollars to entice naked Germans to spend thei...
U.S. Population Grows at Slowest Rate since 1940s
By Chip BarnetNEW YORK (Reuters) - The population of the United States is growing at its slowest rate in more than 70 years, ...
Financial advisers see social media benefits decline
(Reuters) - Financial advisers in the United States are seeing fewer benefits from their use of social media, a survey by Ait...
Jobless rates drop in almost all states in Nov.
(Reuters) - Unemployment rates in almost all U.S. states dropped in November, and 45 states had jobless rates lower than the ...
AT&T gives up on $39 billion bid for T-Mobile USA
(Reuters) - AT&T has dropped its controversial $39 billion bid for Deutsche Telekom's U.S. wireless unit, bowing to fierc...
Activision game crosses $1 billion in sales
(Reuters) - Activision Blizzard, the biggest U.S. video game publisher by market capitalization, said its game Call of Duty: ...
Galaxy, iPhone to top smartphone holiday sales
HELSINKI (Reuters) - Apple's long-awaited iPhone 4S and Samsung Electronics' fresh, broad offering are likely to stand out in...
Manufacturing can thrive but struggles for respect
BOSTON (Reuters) - On a quiet stretch of the waterfront here, about a mile from Boston's main tourist sites, a Gillette facto...
In Cuba, old clunkers and Soviet cars now for sale
HAVANA (Reuters) - Want to buy a blue 1957 Chevrolet Bel Air for $11,000 or a Soviet-made Lada 1600 for $15,000? Or f...
Lawmakers reach tentative deal to fund government
WASHINGTON (Reuters) - Lawmakers moved closer to a deal on Monday to fund the government through next year, potentially avoid...
Wal-Mart Investigates Foreign Bribery
(Reuters) - Wal-Mart Stores Inc said in a securities filing that it has begun an internal investigation to determine if some ...
Forget Christmas parties, employees want cash
(Reuters) - Companies planning to spend thousands of dollars for staff Christmas parties, even with open bars, shouldn't both...
Many Americans already done with holiday shopping
(Reuters) - More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monda...
U.S. Postal Service seeks to end next-day mail
WASHINGTON (Reuters) - The cash-strapped U.S. Postal Service on Monday moved forward with plans to end next-day delivery of l...
Senate defeats competing payroll tax cut bills
WASHINGTON (Reuters) - The Senate on Thursday defeated competing payroll tax cut extension plans by Democrats and Republicans...
Cardinals reap $323,000 for full World Series bonus
(Reuters) - A full postseason share for each member of the 2011 World Series champion St. Louis Cardinals was worth over $...
American Airlines file for bankruptcy
(Reuters) - American Airlines and its parent company filed for bankruptcy protection on Tuesday after failing to win a deal w...
Facebook gearing up for 2012 IPO: source
(Reuters) - Facebook, the world's largest Internet social network, is preparing for a initial public stock offering next year...
Best Buy a winner as holiday weekend sales surge
NEW YORK (Reuters) - U.S. retailers racked up a record $52.4 billion in sales over the Thanksgiving weekend, a 16.4 perce...
Obama pushes payroll tax cut after debt panel fails
WASHINGTON (Reuters) - President Barack Obama will challenge the Congress to preserve an expiring payroll tax cut on Tuesday ...
Congress passes spending bill without drama
WASHINGTON (Reuters) - Congress on Thursday found a rare moment of accord in the budget fights that have paralyzed Washington...
Fannie, Freddie tentacles embraced many politicians
WASHINGTON (Reuters) - While presidential hopeful Newt Gingrich was forced to defend his lucrative former role with Freddie M...
Thanksgiving travel seen up despite gasoline cost
(Reuters) - More Americans will choose a family visit over cost savings this Thanksgiving weekend even as gasoline prices sta...
U.S. proposes to double auto fuel economy by 2025
WASHINGTON (Reuters) - The Obama administration proposed on Wednesday doubling auto fuel efficiency to 54.5 miles per gallon ...
Deficit committee locked in budget stalemate
WASHINGTON (Reuters) - Budget talks in the Congress were locked in stalemate on Wednesday amid the disclosure of a Democratic...
More Americans to shop on Black Friday: survey
(Reuters) - Americans plan this year to go shopping in greater numbers on Black Friday, the biggest shopping day of the year ...
Reid, Boehner huddle on budget deal
WASHINGTON (Reuters) - The top Democrat in Congress said on Tuesday he saw few signs of progress on a deficit-cutting deal, a...
Apple names Disney's Bob Iger to board
(Reuters) - Apple Inc moved to shore up its board after the death of Silicon Valley legend Steve Jobs, appointing Walt Disney...
Panetta spells out budget cut doomsday fears
WASHINGTON (Reuters) - Defense Secretary Leon Panetta spelled out a doomsday scenario Monday that he said could occur if Cong...
New payment app aims to make shopping easier
TORONTO (Reuters) - Ready to ditch your wallet, cash and credit cards? A mobile payment app lets users make purchases with th...
Public Wi-Fi hotspots to grow 4-fold by 2015
(Reuters) - The amount of public Internet hotspots (Wi-Fi) globally will grow more than fourfold to 5.8 million by 2015, boos...
UPS plans 55,000 holiday hires, sees solid demand
(Reuters) - United Parcel Service Inc said on Monday it plans to hire 55,000 seasonal workers during the holiday shipping sea...
Journalists close to Berlusconi say he will resign
ROME (Reuters) - Two journalists close to Italian Prime Minister Silvio Berlusconi said he could resign as early as Monday, i...
Job growth could hint at some improvement
WASHINGTON (Reuters) - U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, th...
Detroit in 'extremely serious' fiscal shape: mayor
(Reuters) - Detroit is in "extremely serious financial condition," as it is projected to run out of cash next year ...
Full Thanksgiving flights seen despite traveler decline
WASHINGTON (Reuters) - U.S. air travelers can expect full flights over the Thanksgiving holiday even as the weak economy cuts...
Key House Democrat dour on deficit panel success
WASHINGTON (Reuters) - With Republicans and Democrats in a familiar deadlock over taxes, prospects are poor for crafting a de...
Poor nations a ray of hope for crisis-weary G20
LONDON (Reuters) - Simple reforms would eliminate much of the risk of investing in poor countries, unleashing billions of dol...
LA Dodgers, MLB agree to sell the team
(Reuters) - The Los Angeles Dodgers baseball team said it has agreed with Major League Baseball (MLB) officials to a court-su...
Walmart offers early preview of Black Friday deals
(Reuters) - Wal-Mart Stores Inc said it is offering an early preview of its Black Friday deals starting Wednesday and will al...
In politics, business experience rarely a winner
WASHINGTON (Reuters) - Republican presidential hopefuls Mitt Romney and Herman Cain tout their real-world business experience...
Consumers and businesses pump up third-quarter growth
WASHINGTON (Reuters) - The economy grew at its fastest pace in a year in the third quarter as consumers and businesses steppe...
Obama tells students of plans to ease loan burden
DENVER (Reuters) - President Barack Obama vowed on Wednesday to take steps to ease the burden of student loans, potentially h...
Income of top 1 percent far outgrew others
WASHINGTON (Reuters) - Incomes for the wealthiest 1 percent of Americans nearly tripled from 1979 to 2007, far outpacing inco...
Perry places hopes on flat tax
COLUMBIA, South Carolina (Reuters) - Republican Rick Perry on Tuesday placed his hopes for a comeback in the U.S. presidentia...
Amazon profit forecast disappoints, stock slumps
(Reuters) - Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter a...
U.S. throws lifeline to underwater homeowners
WASHINGTON (Reuters) - Homeowners who owe more than their properties are worth got new help on Monday with the government's e...
U.S. throws lifeline to underwater homeowners
WASHINGTON (Reuters) - Homeowners who owe more than their properties are worth got new help on Monday with the government's e...
PA declares fiscal emergency in Harrisburg
NEW YORK (Reuters) - Pennsylvania Governor Tom Corbett declared a fiscal emergency for Harrisburg on Monday, putting the stat...
Obama to take action on housing, student loans
WASHINGTON (Reuters) - President Barack Obama this week will announce a series of actions to help the economy that will not r...
Walmart offers discounts to lure holiday shoppers
(Reuters) - Walmart, the U.S. discount chain run by Wal-Mart Stores Inc, plans to offer customers lowest prices on products d...
Competing fiscal plans blocked in divided Senate
WASHINGTON (Reuters) - Senate Republicans and Democrats rejected each other's economic stimulus bills on Thursday, underscori...
Senate backs plan to help Americans buy homes
WASHINGTON (Reuters) - The Senate on Thursday backed a measure to help bolster the housing market by making it easier for peo...
Senate backs plan to help Americans buy homes
WASHINGTON (Reuters) - The Senate on Thursday backed a measure to help bolster the housing market by making it easier for peo...
Social Security benefits to rise 3.6 percent
WASHINGTON (Reuters) - Social Security retirement benefits for about 55 million people will go up by 3.6 percent next year, t...
Rise of the machines: America's jobs challenge
WASHINGTON (Reuters) - For decades, American workers and their machines advanced in tandem. As companies invested in technolo...
Stern aims to get NBA season running in 30 days
(Reuters) - National Basketball Association (NBA) Commissioner David Stern has set his sights on the regular season starting ...
Cain: My 9-9-9 plan will raise taxes on some
WASHINGTON (Reuters) - Republican presidential candidate Herman Cain acknowledged on Sunday his "9-9-9" tax reform ...
Fed audit due but impact likely to be muffled
WASHINGTON (Reuters) - A congressional audit of the Federal Reserve's 12 regional banks looks set to land this week with a wh...
Newt Gingrich raises $808,000 for presidential bid
WASHINGTON (Reuters) - Former House of Representatives Speaker Newt Gingrich's Republican presidential effort raised $808...
Bachmann calls for Reagan-like tax cuts
DENISON, Iowa (Reuters) - Republican presidential candidate Michele Bachmann, who is touting her work as a "federal tax ...
Richard Gere guitars sell for nearly $1 million
NEW YORK (Reuters) - Actor Richard Gere auctioned his extensive collection of classic guitars, to the tune of nearly $1 m...
At economic debate, Romney says he can lead
HANOVER, New Hampshire (Reuters) - Republican front-runner Mitt Romney largely ignored his presidential rivals at a debate on...
NY securities sector may lose 10,000 jobs
(Reuters) - New York City's securities industry could lose nearly 10,000 jobs by the end of 2012, according to a report by Ne...
Wal-Mart, Facebook unveil partnership
(Reuters) - Wal-Mart Stores Inc and Facebook Inc unveiled a partnership on Tuesday to help the world's largest retailer conne...
Executives tell Obama how to create jobs
WASHINGTON (Reuters) - President Barack Obama could create millions of jobs by attracting more foreign capital to the United ...
Hiring seen as dismally weak in September
WASHINGTON (Reuters) - Employment likely grew only modestly in September, with hiring too weak to pull down a lofty jobless r...
Obama chides banks, taps anger over Wall Street
WASHINGTON (Reuters) - President Barack Obama launched an onslaught against banks and Republicans on Thursday for working to ...
Defense industry eyeing Pentagon's Carter warily
WASHINGTON (Reuters) - Defense contractors are losing faith that they have an ally in former chief weapons buyer Ashton Carte...
Protests spread to more than a dozen cities
NEW YORK (Reuters) - Protests against corporate greed and economic inequality spread across America on Thursday and found unl...
World mourns Steve Jobs
NEW YORK (Reuters) - Outpourings of public grief and appreciation swept the globe on Thursday after the death of Apple co-fou...
Steve Jobs biography pushed up for release
(Reuters) - The release date for a Steve Jobs biography has been pushed up to October 24, according to a spokesman for Simon ...
Apple co-founder Steve Jobs has died
SAN FRANCISCO (Reuters) - Apple co-founder Steve Jobs, who changed the daily habits of millions by reinventing computing, mus...
Big donors double down on Romney, Obama
BOSTON (Reuters) - Many wealthy donors who gave the maximum allowable amount to Mitt Romney's presidential campaign have doub...
Bernanke: U.S. 'close to faltering'
WASHINGTON (Reuters) - The Federal Reserve is prepared to take further steps to help an economy that is "close to falter...
Tim Cook kicks off Apple's iPhone event
CUPERTINO, California (Reuters) - Apple Inc CEO Tim Cook kicked off an event at which the company is expected to introduce th...
Raise taxes on super rich, not semi-rich: poll
WASHINGTON (Reuters) - Less than a quarter of wealthy Americans support raising taxes on households making $250,000 or mo...
Apple to showcase new iPhone after 15 months
SAN FRANCISCO (Reuters) - Apple Inc looks set to unveil a new iPhone on Tuesday after a 15-month hiatus, hoping to fend off h...
Democrats push tax hikes first in deficit talks
WASHINGTON (Reuters) - Democrats want tax hikes to be the first item negotiated in "super committee" deficit-reduct...
Special: A 'great haircut' to kick-start growth
NEW YORK (Reuters) - More than three years after the financial crisis struck, the economy remains stuck in a consumer debt tr...
Republican Perry renews criticism of Fed policy
WASHINGTON (Reuters) - Republican presidential candidate Rick Perry on Thursday lashed out anew at the Federal Reserve, accus...
Apple expected to unveil new iPhone next week
SAN FRANCISCO (Reuters) - Apple Inc looks set next week to unveil its much-awaited new iPhone, which analysts say will have a...
Christie vetoes $420,000 break for 'Jersey Shore'
NEW YORK (Reuters) - Governor Chris Christie of New Jersey vetoed on Monday a $420,000 film tax credit dubbed the "S...
Senate OKs deal to avoid government shutdown
WASHINGTON (Reuters) - The Senate approved a deal on Monday to avert a government shutdown, ending a standoff that highlighte...
Obama says American jobs can help the world
NEW YORK (Reuters) - U.S. President Barack Obama sought support for his job creation plan at a philanthropic summit on Wednes...
Fed in political crosshairs as campaign gains steam
WASHINGTON (Reuters) - The U.S. Federal Reserve managed to dodge a bullet last year when it emerged even more powerful after ...
$16 muffins, $8 coffee served in Justice audit
WASHINGTON (Reuters) - As the U.S. government grapples to find ways to trim the bloated federal deficit, a new report suggest...
Budget panel hears competing ideas
WASHINGTON (Reuters) - The 12 members of a congressional "super committee" laid out competing visions on Tuesday fo...
Top Senate Republican slams Obama deficit plan
WASHINGTON (Reuters) - President Barack Obama's call for $3 trillion in new government savings, through a mix of tax incr...
Violent crime falls, murders up in Northeast
WASHINGTON (Reuters) - Violent crime in the United States dropped sharply in 2010 for the fourth straight year, but the murde...
Obama adviser urges new loan servicing standards
RALEIGH, North Carolina (Reuters) - The "robo-signing" of foreclosure documents in the past year underscores the ne...
Republicans criticize tax on millionaires idea
WASHINGTON (Reuters) - Republican leaders on Sunday criticized President Barack Obama's proposal for a new tax on millionaire...
Clinton's philanthropic summit to push for jobs
NEW YORK (Reuters) - Former President Bill Clinton will push corporations and non-profit groups at his philanthropic summit t...
Dallas Stars file for Chapter 11 protection
(Reuters) - The Dallas Stars hockey team filed for Chapter 11 bankruptcy in the District Court of Delaware on Thursday to fac...
U.S. nets thousands in offshore tax crackdown
WASHINGTON (Reuters) - Major progress is being made in a crackdown on international tax evasion, the U.S. Internal Revenue Se...
U.S. gets set to sanction BP, contractors
WASHINGTON (Reuters) - The U.S. offshore drilling regulator could issue sanctions as early as next week against BP and the ma...
GM, Chrysler extend UAW contracts after talks slow
DETROIT (Reuters) - General Motors Co and Chrysler Group LLC agreed to extend labor contracts with the United Auto Workers on...
Perry slams Washington's spending 'addiction'
BOSTON (Reuters) - Republican presidential hopeful Rick Perry said on Tuesday Washington lawmakers need the equivalent of a 1...
Release of key BP oil spill probe expected soon
WASHINGTON (Reuters) - The results of a pivotal federal U.S. probe of last year's massive BP oil spill could be released as e...
Wal-Mart aims to do more work with women
CHICAGO (Reuters) - Wal-Mart Stores Inc will double the money it spends with women-owned businesses, train women around the w...
Obama faces skepticism from swing voters
WASHINGTON (Reuters) - President Barack Obama faces deep skepticism from swing voters who see the Republican party as more in...
Obama to speak on jobs plan: White House
WASHINGTON (Reuters) - President Barack Obama was set Monday to step up his campaign to win support for a $447 billion jo...
Obama seeks to broaden mortgage refinancings
WASHINGTON (Reuters) - President Barack Obama said on Thursday he is seeking to broaden U.S. homeowners' access to mortgage r...
Mitt Romney says he wouldn't keep Bernanke
SIMI VALLEY, California (Reuters) - Republican presidential hopeful Mitt Romney said on Wednesday that if he were elected pre...
Dallas Cowboys football's most valuable team
NEW YORK (Reuters) - The Dallas Cowboys will end 2011 as the National Football League's (NFL) most valuable team for a fifth ...
Toyota, plaintiffs' lawyers spar on trial plan
NEW YORK (Reuters) - Toyota Motor Corp is battling with plaintiffs' lawyers over how many vehicle owners the company can inte...
Obama's 'smart power' plan risks 1,000 cuts
WASHINGTON (Reuters) - President Barack Obama's pledge to boost America's global standing by ramping up U.S. diplomacy and de...
Starbucks CEO campaigns to end political gridlock
LOS ANGELES (Reuters) - Starbucks Corp Chief Executive Howard Schultz called on Americans on Tuesday to deluge U.S. lawmakers...
Yahoo CEO Bartz fired over the phone
SAN FRANCISCO (Reuters) - Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous...
Obama to propose $300 billion jobs package
WASHINGTON (Reuters) - President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans so...
World stocks slide on economy and debt fears
LONDON (Reuters) - Stocks fell on Monday and the euro hit a three-week low versus the dollar as worries about Greek and Itali...
Job growth grinds to halt
WASHINGTON (Reuters) - U.S. employment growth ground to a halt in August as sagging confidence discouraged already skittish b...
McCourt offered $1.2 billion for Dodgers: report
Bangalore (Reuters) - Bill Burke and certain other investors have offered Los Angeles Dodgers baseball team owner Frank McCou...
Japan PM says must be realistic on fiscal reform
TOKYO (Reuters) - Japanese Prime Minister Yoshihiko Noda pledged to target fiscal reforms to curb the country's huge public d...
White House sharply cuts growth forecast
WASHINGTON (Reuters) - President Barack Obama sharply cut estimates on Thursday for U.S. economic growth, underscoring the di...
Elvis estate taps finance firm to sue Arista
NEW YORK (Reuters) - Elvis Presley's estate is turning to a litigation-finance firm to sue Arista Music in Germany for unpaid...
Factory, jobs data temper recession fears
WASHINGTON (Reuters) - Manufacturing unexpectedly grew in August and fewer Americans filed new claims for jobless aid last we...
Flood victims still in the dark, stuck in mud
LUDLOW, Vermont (Reuters) - Residents of several Northeast states approached the Labor Day holiday weekend mired in mud and s...
Obama to urge approval of stop-gap air, road bills
WASHINGTON (Reuters) - President Barack Obama will urge Congress on Wednesday to approve stop-gap aviation and transportation...
AT&T to bring back 5,000 jobs if merger approved
LOS ANGELES (Reuters) - Telecommunications giant AT&T Inc, whose proposed buy of T-Mobile USA is under scrutiny by U.S. regul...
Irene costs restart Washington budget battle
WASHINGTON (Reuters) - Washington's never-ending budget battle threatened to snarl the recovery from Hurricane Irene as a top...
U.S. lenders making more subprime car loans
NEW YORK (Reuters) - Lenders are making more subprime auto loans again, reversing the cautious approach they adopted after th...
Global stocks at two-week high, rally may stall
LONDON (Reuters) - Global shares edged up to their highest in nearly two weeks on Tuesday, but the rally looked to be running...
Consumer spending rebounds
WASHINGTON (Reuters) - Consumer spending rose at its fastest pace in five months in July, supporting views the economy was no...
Feds to help reimburse states for Irene damage
NEW YORK (Reuters) - Hurricane Irene could cost U.S. state and local governments billions of dollars in damages, but funds fr...
Where does Jobs stand among iconic CEOs?
NEW YORK (Reuters) - The question is not whether Steve Jobs is an iconic CEO, but where Apple Inc's co-founder ranks in the p...
Rick Perry labels Washington 'a seedy place'
WASHINGTON (Reuters) - Republican presidential candidate Rick Perry on Thursday described Washington as "a seedy place&q...
Billionaire Buffett to host Obama fundraiser
CHICAGO (Reuters) - Billionaire investor and philanthropist Warren Buffett will boost President Barack Obama's re-election bi...
Contours of Obama jobs package coming into focus
VINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama is finalizing a jobs package that could include a program to...
Apple fans pay tribute to 'industry icon' Jobs
SAN FRANCISCO/SHANGHAI (Reuters)- From San Francisco to Seoul to Sydney, fans of Apple Inc paid tribute to Steve Jobs after h...
Steve Jobs quits as Apple CEO, Cook takes over
SAN FRANCISCO/LOS ANGELES (Reuters) - Steve Jobs resigned as CEO of Apple Inc on Wednesday and passed the reins to his right-...
White House: Vacationing Obama working on economy
VINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama has taken heat for taking a vacation when the U.S. economy i...
Toyota, Ford to collaborate on hybrid trucks
DETROIT (Reuters) - Toyota Motor Corp and Ford Motor Co will work together to develop hybrid trucks and SUVs that will be rea...
PIMCO: Markets reflect likelihood of recession
NEW YORK (Reuters) - Bill Gross, manager of the world's largest bond fund, said on Friday the rally in Treasury yields to 60-...
Wall Street opens lower on recession concerns
NEW YORK (Reuters) - Stocks fell on Friday after the market opened, extending the previous session's steep losses, on fears t...
Employees beware: Higher healthcare costs ahead
NEW YORK (Reuters) - Large employers expect big increases in healthcare costs in 2012, and say they'll pass more and more of ...
Biden seeks to reassure China on U.S. debt
BEIJING (Reuters) - U.S. Vice President Joe Biden on Friday said China had "nothing to worry about" concerning the ...
Stock futures signal another day of losses
NEW YORK (Reuters) - Stock index futures pointed to a sharply weaker open for equities on Wall Street on Friday, a day after ...
Wall Street tumbles after Philly Fed data
NEW YORK (Reuters) - Stocks tumbled on Thursday, with the Nasdaq down nearly 5 percent after data showed factory activity in ...
Obama to unveil economic plan in September
ATKINSON, Ill (Reuters) - President Barack Obama said on Wednesday he will propose a plan in September to jump-start the U.S....
Romney says he is 'in sync' with Tea Party
BERLIN, New Hampshire (Reuters) - Presidential hopeful Mitt Romney, seen by many as the choice of moderate Republicans in 201...
Biggest jump in Midwest farmland prices in 34 years
CHICAGO (Reuters) - Prices for farmland in the heart of the U.S. grain belt were up 17 percent in the second quarter compared...
Costly tobacco boosts wholesale prices
WASHINGTON (Reuters) - U.S. wholesale prices outside of food and fuel rose at the fastest pace in six months in July as costs...
Drought losses hit $5.2 billion in Texas
SAN ANTONIO (Reuters) - The historic Texas drought that has parched most of the state throughout the summer has caused $5...
Burt Reynolds faces foreclosure on Florida home
ORLANDO, Fla (Reuters) - Veteran actor Burt Reynolds is facing foreclosure on his longtime southeast Florida home, according ...
Romney talks business smarts with eye on Perry
PLYMOUTH, New Hampshire (Reuters) - Republican presidential frontrunner Mitt Romney touted his record as a businessman on Mon...
Wall Street extends gains but caution persists
NEW YORK (Reuters) - Stocks rose for a third day on Monday as investors bought shares whose prices have been beaten down in r...
Google to buy Motorola Mobility for $12.5 billion
NEW YORK (Reuters) - Google Inc said it will buy phone hardware maker Motorola Mobility Holdings Inc for $12.5 billion in...
Japan on cusp of recovery after Q2
TOKYO (Reuters) - Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring...
Buffett: Stop coddling the super-rich
(Reuters) - Billionaire Warren Buffett urged lawmakers to raise taxes on the country's super-rich to help cut the budget defi...
Time Warner to buy Insight for $3 billion
NEW YORK (Reuters) - Time Warner Cable has reached a deal to buy The Carlyle Group's cable operator Insight Communications Co...
Obama vows new ideas to boost jobs, slams Congress
HOLLAND, Michigan (Reuters) - President Barack Obama distanced himself from a deeply divided U.S. Congress on Thursday, pledg...
Exclusive: Republican Camp won't rule out tax increases
WASHINGTON (Reuters) - A leading Republican lawmaker would not rule out tax increases on Thursday if they could boost economi...
Wall Street off lows but downtrend continues
NEW YORK (Reuters) - Stocks fell on Wednesday on fears about the French banking sector's exposure to shaky European debt and ...
Fed to keep rates low for two years, stocks jump
WASHINGTON (Reuters) - The Federal Reserve on Tuesday took the unprecedented step of promising to keep interest rates near ze...
Stock futures signal dip as rally fizzles out
NEW YORK (Reuters) - Stock index futures fell on Wednesday after a sharp snap-back rally in the last session as investor fear...
Bad weather a boon for private forecasters
MIAMI (Reuters) - Heat and drought are parching the southern U.S. plains, floods and tornadoes have shattered long-standing r...
Wall St rallies after sell-off; Fed statement on tap
NEW YORK (Reuters) - Stocks rebounded sharply on Tuesday after a major sell-off, but markets remained vulnerable to selling i...
Honda says studying production shift overseas
TOKYO (Reuters) - Honda Motor Co is studying possible production bases overseas to replace export-bound car production in Jap...
Obama to set fuel standards for heavy vehicles
WASHINGTON (Reuters) - The Obama administration on Tuesday will finalize the first ever fuel efficiency and emissions standar...
Americans wonder where the misery will end
NEW YORK (Reuters) - America is on the fritz.From Times Square to St. Petersburg, Florida, and Portland, Oregon, people are t...
Futures signal another slide on Wall Street
LONDON (Reuters) - Stock index futures pointed to further steep losses for equities on Tuesday, after the previous session's ...
Obama says U.S. is still a AAA country
WASHINGTON (Reuters) - President Barack Obama on Monday blamed a downgrade in the United States' credit rating on political g...
Wall Street plunges after S&P's debt downgrade
NEW YORK (Reuters) - U.S. stocks plummeted for the second straight session, driving the S&P 500 and the Nasdaq down 6 percent...
Parties rachet up blame game post downgrade
WASHINGTON (Reuters) - U.S. political parties on Sunday traded blame for the country's loss of its top-tier AAA credit rating...
Geithner to stay on as Treasury chief
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner, who had considered stepping down after the government borrowing l...
Moody's says U.S. needs to find more deficit cuts
NEW YORK (Reuters) - Ratings agency Moody's repeated a warning on Monday it could downgrade the United States before 2013 if ...
Verizon unions strike after contract talks fail
NEW YORK (Reuters) - Almost half the workers in Verizon Communications' wireline telecommunications business went on strike o...
Debt issuers brace for impact from downgrade
NEW YORK (Reuters) - A downgrade of United States' top-tier credit rating has Wall Street scrambling to figure out the knock-...
Obama urges Geithner to stay as Treasury chief
WASHINGTON (Reuters) - President Barack Obama has asked Timothy Geithner to stay on as Treasury secretary and a decision is e...
Poll: Disapproval of Congress hits new high
WASHINGTON (Reuters) - Disapproval of Congress rose to an all-time high after weeks of rancorous partisan battles over raisin...
Payrolls awaited as markets fear recession
WASHINGTON (Reuters) - Jobs data on Friday could prove a make-or-break moment for global financial markets increasingly alarm...
GM profit nearly doubles, slowdown risk ahead
DETROIT (Reuters) - General Motors Co's quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took...
Panetta warns against sweeping defense budget cuts
WASHINGTON (Reuters) - Defense Secretary Leon Panetta warned on Wednesday that any across-the-board cuts to defense spending ...
Service sector growth slowest since 2010
NEW YORK (Reuters) - The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since Feb...
U.S. rating maintained by Moody's and Fitch
NEW YORK (Reuters) - The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washing...
Default avoided but fears on economy remain
WASHINGTON (Reuters) - The United States stepped back from the brink of default on Tuesday but congressional approval of a la...
Debt battle set to draw to close, for now
WASHINGTON (Reuters) - The United States is poised to step back from economic disaster on Tuesday when a bitterly fought deal...
Obama to Congress: Find way out of debt 'mess'
WASHINGTON (Reuters) - With four days remaining until the United States hits its debt limit, President Barack Obama on Friday...
S&P: Deficit cuts of $4 trillion a good start
NEW YORK (Reuters) - Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings w...
LaHood urges end to U.S. aviation standoff
WASHINGTON (Reuters) - Transportation Secretary Ray LaHood urged Congress on Thursday to end a partial shutdown of the Federa...
Republicans race to revive debt plan
WASHINGTON (Reuters) - Republican leaders will scramble to rescue their budget deficit-cutting plan on Friday after conservat...
Exxon Mobil's profit up 41 percent
HOUSTON (Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil company, reported a higher quarterly profit tha...
Debt bill set for vote, White House urges compromise
WASHINGTON (Reuters) - A Republican deficit reduction plan headed to a close vote in the Congress on Thursday and the White H...

Images
  • Presidential Election | Nov. 22, 2011
    Republican presidential candidates (L-R) Texas Gov. Rick Perry, former Massachusetts Gov. Mitt Romney, former CEO of Godfathe...
  • Occupy LA | Nov. 22, 2011
    Protesters burn U.S. one dollar bills during an Occupy Los Angeles demonstration and march at the Federal Reserve Bank of Los...
  • Foreclosures | Oct. 1, 2011
    Chase Milam, 1, watches as household goods are removed by an eviction team during a home foreclosure eviction on October 5, 2...
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