Finance
Financial News
NEW YORK (Reuters) - The S&P 500 and Nasdaq advanced on Thursday, building on their best day in eight weeks in the previous session as data showed an improvement in pending home sales and a drop in initial jobless claims.
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WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping dampen fears the economy could face a double dip recession.
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LOS ANGELES (Reuters) - Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald's Corp.
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WASHINGTON (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke said he was partly to blame for leaving the wrong impression that the central bank could have saved Lehman Brothers from failure in 2008.
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NEW YORK (Reuters) - Google Inc is in talks with music labels on plans for a download store and a digital song locker that would allow its mobile users to play songs wherever they are as it steps up its rivalry with Apple Inc, according to people familiar with the matter.
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NEW YORK (Reuters) - Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday.
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NEW YORK (Reuters) - Billionaire investor Ron Burkle plans to appeal a Delaware court ruling that upheld an anti-takeover "poison pill" put in place by bookseller Barnes & Noble Inc .
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WASHINGTON/NEW YORK (Reuters) - U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing", in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately.
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World News
Sheik Abdullah El-Faisal's teachings have been connected to the shoe bomber, suicide bombings in England and even 9/11. To get an interview with him, journalists should have plenty of cash on hand.
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Direct peace talks between Israelis and Palestinians will start Thursday as President Obama urged both sides to come up with a peaceful solution to the long-running Mideast conflict.
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Investigators have arrested a suspect from Russia in connection with a fire that killed 156 people in a nightclub in Russia in 2009, the Spanish National Police said Thursday.
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God did not create the universe, world-famous physicist Stephen Hawking argues in a new book that aims to banish a divine creator from physics.
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U.S. Defense Secretary Robert Gates arrived in Afghanistan Thursday to consult with political and military officials.
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At least one person was killed Thursday as riots in the southern African nation of Mozambique continued into a second day, the director of a hospital told a local television station.
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The death of a man in police custody has led to deadly riots and six deaths in Indonesia, police said on Thursday.
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West Nile Virus has killed 13 people in northern Greece and sickened another 143, the Hellenic Centre for Disease Control and Prevention reported Thursday.
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Banking News
The former chief of Lehman Brothers, Richard S. Fuld Jr, has told a panel investigating the financial crisis that the large Wall Street firm could have been helped to stay afloat by the US government....
Wrestler Sushil Kumar unveiled an exclusive range of apparel and promotional merchandise for the 2010 Commonwealth Games here on Thursday....
With over 1,000 suspected dengue cases being reported in New Delhi, the outbreak of the disease has added to the woes of the Commonwealth Games Organising Committee, which is already struggling against the backdrop of constructional delays and missed deadlines....
The number of Indians granted student visas in Australia during the last financial year has fallen to 29,721, less than half of the number in 2008-09....
The vice chairman of the Commonwealth Games Organising Committee and Secretary General of Indian Olympic Association, Randhir Singh, has hailed Prime Minister Manmohan Singh's intervention as a miracle....
A new survey has found that employers of banking and financial staff are willing to pay men more than women to stay in the firm....
Students of the Ananda Singh Higher Secondary School here have nabbed a militant who was trying to extort money from their principal....
Nicolas Cage has settled his mega-lawsuit with his accountant, Samuel J. Levin....
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