Business News

Most Americans never get to go to Cuba, let alone the U.S. Naval Base in Guantanamo Bay. It's a rather mysterious place. Gitmo, as it's called by military members stationed here, is located on the southeastern end of Cub...

CANBERRA (Reuters) - BHP Billiton Ltd said it was co-operating in an investigation into possible violations of anti-corruption laws, and said in response to media reports that it believed its sponsorship of the 2008 Beij...

A little over a year ago, Facebook's mobile ad business barely existed.  But in January 2013, CEO Mark Zuckerberg described Facebook as a "mobile company" and  announced that its mobile ad business netted nearly�...

The rape trial of two high school football players started today in a tiny Ohio town that idolizes the sport and the teenage boys who play it. The Steubenville, Ohio rape case has captured national attention because of h...

Last week, JCPenney took a hit when board member Steve Roth's Vornado Realty Trust decided to try to dump 10 million shares — 40 percent of its stake. JCPenney CFO Ken Hannah spoke at Bank of America's 2013 Consum...

New Pope Francis isn't a Hitler Youth like the last guy, but he has own troubled history. Francis I along with the whole Argentine Catholic Church have faced criticism for their silence or complicity during the post-1976...

Celebrity endorsers have come under fire again from the feds -- and this time the issue is full disclosure when they are being paid for engaging in social media. After an incident when Lauren Bacall showed up on â€...

Decision is step towards returning model to air following two incidents involving burning batteries The US Federal Aviation Administration (FAA) has approved Boeing's plan to certify a redesigned battery system on the...

As pedestrian traffic and consumer spending have increased in New York City’s theater district, more major development projects are being undertaken.

Google is expanding its office space and hiring engineers in the Seattle area to compete with rivals in the lucrative cloud computing business.

The New York Times is testing out a new website design that's heavily inspired by mobile apps. Where have we heard that before? Oh yes — a continent away, at Facebook headquarters last week, where CEO Mark Zuckerb...

Every year, tens of thousands of people fly south for the winter. They head to Austin, Texas, during March to experience South by Southwest, an interactive, film and music conference that draws more than 120,000 people o...

NEW YORK (Reuters) - Dean Metropoulos may not be a household name, but the food industry veteran's reach extends from the pantry to the refrigerator to the freezer.

The Obama administration is planning to expand access of financial data to all U.S. intelligence agencies, according to a Treasury document seen by Reuters. The data is housed in the Financial Crimes Enforcement Ne...

Teen retailer Aeropostale is focusing on one thing to get back its hold in the millennial market: technology. The company is shedding its formerly logo-heavy brand and working to boost sales through increased engageme...

NEW YORK CITY — Call it the M "Pee" A. Public urination in the city's transit system isn't just making stations reek — it's actually damaging equipment, Metropolitan Transportation Authority officials revea...

Boehner says meeting between GOP caucus and Obama was 'productive', but little sign of sides budging on tax and spending Barack Obama has held what he described as a "good" and "useful" meeting with House Republicans on ...

A recent survey of U.S.-based travel agents reveals the dream destinations we’d like to travel to—if money was no object. The top 10 include exotic destinations like Fiji and Bora Bora, and adventures such ...

WASHINGTON (AP) — Senate Democrats unveiled a largely stand-pat budget Wednesday that calls for $1 trillion in new tax revenues over the coming decade but actually increases spending, while protecting the party's ...

Anti-Islam ads appeared on 10 public buses in San Francisco on Monday, showing "inflammatory quotes by Islamic fundamentalists" accompanied by "an anonymous terrorist," according to Transportation Nation. The ads are pai...

VATICAN CITY (AP) — Spokesman the Rev. Federico Lombardi sought to clear up any possible confusion, noting that Cardinal Jean-Louis Tauran, who announced the name to the world, said simply Francis. It is listed th...

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