Saudi Arabia's Cabinet on Thursday endorsed a 2015 budget that projects a slight increase in spending and a significant drop in revenues due to sliding oil prices, resulting in a nearly $39 billion deficit.
Thousands of residents across Los Angeles County woke up Christmas morning without power after unusually high winds tore apart trees, blew away holiday decorations and prompted the California Highway Patrol to issue an advisory to freeway drivers.
TOKYO - Citigroup has agreed to sell its Japanese retail banking operations to the Sumitomo Mitsui Banking Corporation in a retreat from unprofitable businesses around the world, the companies announced on Thursday.
CHICAGO (Reuters) - Minimum wage increases across the United States will prompt Wal-Mart Stores Inc (WMT.N) to adjust base salaries at 1,434 stores, impacting about a third of its U.S.
n employee arranges discarded computers at a newly opened electronic waste recycling factory in Wuhan, Hubei province. Stringer/ REUTERS.