An already crowded field of potential Republican presidential candidates received another new member on Thursday, as Sen. Lindsey Graham, R-S.C., launched a political committee to explore a run for the White House in 2016.
U.S. crude oil rebounded to end slightly higher on Thursday, after some upbeat economic data from the U.S. showed first-time claims for unemployment benefits to have declined more than expected, igniting hopes of growth in demand for oil.
In an encouraging sign, a report from the U.S. Labor Department...
After more than two weeks of debate, the Senate took a big step toward final passage of a bill authorizing construction of the Keystone XL oil pipeline on Thursday. The Senate voted 62 to 35 in favor of a motion limiting debate on the bill, with nine Democrats joining with Republicans to approve the measure.
Comcast Corp found itself in an unsavory situation after a customer's name on a bill was changed from Ricardo to 'A**hole', ostensibly by a disgruntled employee who tried to get the customer to retain her current cable service and sign a two-year contract.
Gold futures plummeted to end sharply lower on Thursday, after some upbeat economic data showed first-time claims for unemployment benefits in the U.S. declined more than expected while eurozone economic confidence rose to a six-month high.
This was the biggest daily percentage drop in 13 months.
President Barack Obama will travel to Philadelphia on Thursday to meet with House Democrats and outline his budget proposal that includes rolling back the budget cuts known as sequestration.
McDonald's Corp. (MCD) on Wednesday announced the retirement of its Chief Executive Officer Don Thompson, effective March 1. The Oak Brook, Illinois-based fast-food giant also named Chief Brand Officer Steve Easterbrook its next...
Snapchat created a furor after dropping the Best Friends feature which allowed users to see who their contacts had been sharing snaps with the most. But the ephemeral messaging service provider soon vowed to reinstate the feature to assuage users who said Best Friends helped them ensure fidelity.
Toyota Motor Sales, U.S.A., Inc., a unit of Japanese auto giant Toyota Motor Corp. (TYT.L, TM), said it is recalling 52,000 - 2011-2012 Avalon sedans in the U.S. due to a wiring problem that increases risk of fire.
The company says cargo in trunk of the affected cars could contact one of the audio...
Chinese e-commerce giant Alibaba reported a 28 percent drop in third-quarter profit, hurt by stock-based compensation expense and other costs. Meanwhile revenues surged 40 percent, driven by growth in China commerce retail business, though not at the rate analysts expected, even as its active user base ballooned. Alibaba shares dropped 9% on the NYSE.
After moving sharply lower over the course of the two previous sessions, stocks have fluctuated during trading on Thursday. The major averages have had difficulty sustaining any significant moves throughout the trading day.
TracFone, the largest prepaid wireless service provider in the U.S., has agreed to pay $40 million to settle charges that it cheated millions of consumers with false promises of "unlimited" data service, according to the Federal Trade Commission.
The FTC alleged that TracFone has advertised prepaid...
Blockbuster sales of big-screen iPhones during the holiday quarter has helped tech giant Apple Inc. (AAPL) to tie with Samsung to become the world's largest smartphone vendor.
Both Apple and Samsung sold 74.5 million smartphones during the December quarter, according to research firm Strategy Analytics....
Stocks have moved mostly lower in morning trading on Thursday, adding to the steep losses posted in the two previous sessions. The major averages have all slid into negative territory, with the Dow falling to its lowest levels in over a month.
Colgate-Palmolive Co. reported Thursday a profit for the fourth quarter that grew from last year, even though sales were hurt by a significantly stronger U.S. dollar. Adjusted earnings per share topped analysts' expectations by two cents, while quarterly revenues missed their estimates by a whisker.