Marissa Mayer, the former Google executive who is now in charge of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with the $1.1bn (�720m) acquisition of the blogging site Tumblr.

By Marc Jones. LONDON | Mon May 20, 2013 3:45am EDT. LONDON (Reuters) - Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan's economy minister that consumers could suffer if the ...

China's new-home prices rose last month in 68 of 70 cities tracked by the government, indicating Premier Li Keqiang will need to maintain efforts to cool the property market even as economic growth slows.

Say poverty in the Philadelphia area, and it conjures images of North Philadelphia or Kensington, not the suburbs. But the suburbs on both sides of the Delaware River are becoming steadily poorer, part of a national trend that confounds long-held beliefs that ...

Crude oil futures slipped Monday in Asia amid thin trade, as investors sat on the sidelines ahead of the U.S. Federal Reserve chairman's outlook on the economy later in the week.

As 787 Dreamliner commercial flights resume after a lengthy grounding for battery problems, Boeing Co. and its customers are refocusing on fixing the host of other technical and mechanical issues that affect the reliability of the cutting-edge aircraft.

Jamie Dimon, the chief executive and chairman of JPMorgan Chase. Haraz N. Ghanbari/Associated PressJamie Dimon, the chief executive and chairman of JPMorgan Chase.

The government, which started direct lending in 2009, earns $51 billion a year on direct loans. GAN STUDENT DEBT LOANS 051713. Students hang out in the lobby of the classroom building on the campus of the College of Mount St. Joseph in Cincinnati on ...

Elan Corp. (ELN) acquired AOP Orphan Pharmaceuticals AG for 263.5 million euros ($340 million), expanding its business into medicines for rare diseases as it resists a takeover bid from Royalty Pharma.

Metra train schedules were back on track Sunday afternoon after a morning derailment of an Amtrak train on the Near South Side . No one was injured, authorities said.