Facebook Inc (NASDAQ:FB) is generating a lot more revenue from each user, as social network reported fourth-quarter earnings surged by 34%, to $701 million, that is fueled by a 49% rise in revenue, to $3.58 billion.
(Bloomberg) -- A gauge of the dollar headed for the highest close on record amid speculation the Federal Reserve is the only developed-nation's central bank considering raising interest rates this year.
The yield on Greek 10-year bonds rose above 11 percent on Thursday, after the country's new energy minister said the government was freezing the planned sale of its stake in Greece's biggest refinery, Hellenic Petroleum.
BERLIN (AP) - German unemployment rose to 7 percent in January, but the increase was due largely to seasonal factors and the Federal Labor Agency says the job market remains strong.
Time Warner Cable Inc. reported an increase in subscribers as the pay-TV provider continued to await the completion of its acquisition by Comcast Corp.