The New York City financial services firm that lost the most workers in the Sept. 11 terrorist attacks on the World Trade Center in 2001 announced that it will "adopt" 19 schools in communities hit hard by Superstorm Sandy and give a total of $10 million to families with children in those schools.
Amazon unveiled four new Kindle Fire tablet computers on Thursday, including ones with larger color screens, as the online retailer steps up competition with Apple ahead of the holiday shopping season.
Italy's borrowing rates skyrocketed during bond auctions Friday, temporarily battering stock markets in Europe as the continent's escalating debt crisis laid siege to the eurozone's third-largest economy.
Pressure mounted on Premier Silvio Berlusconi to resign so a new government could pass the economic reforms Italy needs to avoid financial disaster.
Rupert Murdoch's decision to close the 168-year-old weekly British tabloid at the center of a phone-hacking scandal is an example of what the controlling shareholder of News Corp. does best _ seize the news agenda, and when necessary, cut his losses.
The Murdoch media empire unexpectedly killed off the muckraking News of the World tabloid Thursday after a public backlash over the illegal guerrilla tactics it used to expose the rich, the famous and the royal and become Britain's best-selling Sunday newspaper.
The Murdoch media empire unexpectedly jettisoned the News of the World Thursday after a public backlash over the illegal guerrilla tactics it used to expose the rich, the famous and the royal and remain Britain's best-selling Sunday newspaper.
A leading credit ratings agency warned on Monday that Greece would be considered to be in default if banks rolled over their holdings in the country's debt as proposed recently in a French plan.
The timing couldn't have been worse for the International Monetary Fund, whose chief, Dominique Strauss-Kahn, was ordered jailed without bail Monday in New York on sexual assault charges.