The United Nations Security Council (UNSC) on Thursday declared the ongoing Ebola outbreak in West Africa "a threat to international peace and security." Notably, the declaration was made in the Council's first emergency meeting on a public health issue.
The fifteen-member Council also unanimously...
Alibaba Group Holding carved out a niche position in the stock market space with its initial public offering. The Chinese e-commerce company on Thursday priced its much-awaited initial public offering at $68 per share, at the higher end of its range, making it the biggest ever in U.S. history.
German business software giant SAP AG (SA), Thursday said it has agreed to buy Concur Technologies Inc. (CNQR) for an enterprise value of $8.3 billion. Concur Technologies is a travel and expense management software solutions provider.
Shares of Concur Technologies surged 19 percent in the extended...
Oracle Corp. said Thursday after the markets closed that its first quarter profit fell slightly from last year, hurt mainly by higher income tax expenses even as revenue increased 3%. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations as did its quarterly revenue.
Linux software maker Red Hat reported a better-than-expected increase in second-quarter profit, aided by a 19 percent rise in revenue as demand for open source technologies strengthen.
Tibco Software Inc. (TIBX) on Thursday reported a sharp drop in profit for the third quarter, hurt largely by lower revenues, poor margins and higher operating costs. Tibco slipped five percent in after-hours trade with the business software maker's earnings and revenues coming in shy of Wall Street...
After ending the previous session mostly higher following the Federal Reserve's monetary policy announcement, stocks saw further upside during trading on Thursday. The gains on the day lifted the Dow and the S&P 500 to new record closing highs.
U.S. crude oil plunged to end sharply lower on Thursday, on renewed fears of a supply glut following yesterday's weekly official oil report from the Energy Information Administration with crude stockpiles in the U.S. having increased more than expected. Prices also came under pressure after some mixed...
Incumbent Colorado Sen. Mark Udall, D-Col., trails his Republican challenger in the latest Quinnipiac University poll, with more than a third of likely voters describing their U.S. Senate vote as a vote against President Barack Obama.
In an effort to more fully capture economic activity in its district, the Federal Reserve Bank of Philadelphia announced Thursday that it is launching a new survey to gauge regional activity in the non-manufacturing sector.
Gold futures declined for a second straight session to end at an eight-month low Thursday, with markets continuing to speculate that U.S. rate hikes will be at a faster pace once the Federal Reserve begins its monetary tightening. Some mixed economic data from the U.S. also impacted gold prices, with...
A bipartisan coalition in the House voted Wednesday evening to approve a measure providing the U.S. military with the authority to train and arm moderate Syrian rebels against the terrorist group known as the Islamic State. The House voted 273 to 156 in favor of the measure, which was attached to a larger spending bill to temporarily fund the government.
Apple's iOS 8 went live on Wednesday and the mobile giant is aiming towards greater integration between devices with the new update. The new OS is compatible with any OS device iPhone 4s and later and will allow users to not only integrate their own devices but also share more with family and friends.
After moving mostly higher early in the session, stocks have continued to perform well over the course of the trading day on Thursday. The gains on the day have lifted both the Dow and the S&P 500 to new record intraday highs.
Firms responding to a survey by the Federal Reserve Bank of Philadelphia indicated continued growth in regional manufacturing activity in September, although the bank said the index of activity in the sector fell from its relatively high reading in August.