Detroit secured a commitment for $275 million in bankruptcy exit financing through Barclays Capital, with city officials saying the interest rates on the bonds it will sell came in lower than expected and with broad interest from the bond markets.
This Friday, Aug. 22, 2014, photo shows people walking along Waikiki Beach in Honolulu. State tourism officials planned to discuss industry goals for the upcoming year during a meeting Thursday, Aug. 28, 2014.
Japan's inflation rate was unchanged in July after slowing the previous month, highlighting the challenge Governor Haruhiko Kuroda faces in achieving the central bank's price-growth target.
After a bleak start to the year, the United States economy grew at a brisk annual rate of 4.2 per cent in the April-June quarter, slightly faster than first estimated.
A new service is turning Instagram into an instant shopping opportunity. It's called Like2Buy. So far Nordstrom, Target, Saks, and Charlotte Russe are using the service and are linking to their Like2Buy pages from Instagram.