WASHINGTON (AP) - Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.
KUALA LUMPUR, Malaysia - Malaysia's central bank has raised its benchmark interest rate for the first time in three years to curb inflation and household debt as economic growth picks up.
The second quarter of the year has been an eventful one for Citigroup, with the bank successfully disposing of its retail banking operations in Greece and Spain as a part of its continued efforts to shrink the Citi Holdings division (see Citigroup Inks Deals To ...
Boeing hit back on Thursday at proposals by rival Airbus to revamp its A330 passenger jet, saying it would "fight" in the marketplace and was confident that its newer 787 Dreamliner was a more valuable plane.
Under a new deal, ousted American Apparel CEO Dov Charney will return to the company he founded as a paid consultant. Under a new deal, ousted American Apparel CEO Dov Charney will return to the company he founded as a paid consultant.