The Standard & Poor's 500 Index (SPX) extended a record as a rally in Facebook Inc. and growth in global manufacturing overshadowed a drop in home sales.
(Reuters) - Starbucks Corp on Thursday said quarterly sales at established stores in its dominant Americas region grew a somewhat stronger-than-expected 6 percent, including a 7 percent rise for the United States that was helped by food sales.
Terms of the potential deal couldn't be learned, but Trulia's stock-market value was nearly $2 billion, after surging Thursday on the news.
BEIJING (Reuters) - China's factory activity expanded at its fastest pace in 18 months in July as new orders surged, a preliminary HSBC survey showed on Thursday, the latest indication that the economy is picking up as government stimulus measures kick in.
Wal-Mart Stores Inc.'s head of Asia, Greg Foran, a New Zealander who has never worked in the U.S., is taking over the retailer's biggest division after U.S.