Business News

Hedge fund manager Daniel Loeb, who runs Third Point LLC, is extremely fit. The 51-year-old practices yoga, surfs, and competes in triathlons. He even challenged three former Navy SEALS to compete with him in the 2011 "M...

A slowdown in consumer spending threw Target for a loop in the second quarter.

WELLINGTON/BEIJING

Federal prosecutors say a former postal worker has been sentenced to 12 months in prison and fined $7,500 for stealing a rare Mickey Mantle baseball card, cash, jewelry and gold from mail at a Rochester distribution cent...

Amazon.com supports online sales tax these days. How's that for an about-face? For years, Amazon avoiding sales tax was a prime--perhaps the prime--company strategy. Price was even more important than convenience, and th...

Here is a minor disappointment in regards to the story of the Eurozone recovery. French Flash PMI missed slightly on both the services and manufacturing component of the index. Markets had expected a reading of over 50 o...

Officials say bomb attacks in northern Iraq have damaged part of a pipeline exporting oil through the Turkish port of Ceyhan.

BEIJING (AP) -- Much of China was riveted Thursday to the stream of Twitter-like updates from the trial of disgraced politician Bo Xilai -- even a TV anchorwoman was seen on a live national program checking her cellphone...

Even with the recent sell-off, the S&P 500 is up a respectable 15% since the beginning of the year. The average equity hedge fund, however, is up by just 4.1% through August 9. This is according to a new report from Gold...

The most affected have been India and Indonesia, two countries where many domestic and foreign investors are now rushing for the exits.

Showtime unveiled official posters and a new teaser trailer for season 3 of "Homeland." We've seen a few action-packed teasers so far for the series return. The latest shows Saul (Mandy Patinkin), Carrie (Claire Danes), ...

Anthony Marshall will be a free man after serving just 60 days of his one- to three-year sentence for defrauding his aging mother Brooke Astor of millions of dollars, The New York Times reports. The 89-year-old Marshall ...

Potential proxy fight or activist influence from ValueAct could decide stock's near-term path, Nomura's Rick Sherlund says.

The number of Americans seeking unemployment benefits rose 13,000 last week to a seasonally adjusted 336,000, but the level remains consistent with solid job gains.

Wal-Mart Stores Inc. is hoping for a groundswell "made-in-America" movement.

Heshmat Youssef used to make a decent living sailing foreign tourists down Egypt's Nile River. Since political unrest flared, business has dried up faster than water in the desert.

Ok, here's some good news for Europe. German Flash PMI -- which is an initial composite economic reading that combines a flash manufacturing survey with a flash services survey -- just beat expectations on both sides. He...

BANGKOK (AP) -- A rebound in China's manufacturing couldn't boost the price of oil Thursday as traders braced for the Federal Reserve to start phasing out its monetary stimulus.

On-demand driver app and transportation company Uber has raised a new round of financing at a $3.5 billion valuation, according new filing. AllThingsD was first to the paperwork. TPG purchased 775,092 shares at $114.03 a...

That's it? This is what all the suspense was about? That we're going to rank colleges by value, using some newly made up scale? This isn't a serious effort -- or even an effort -- to actually solve the college expense pr...

Fall in recent years has brought two predictable bits of information when its comes to high school sports: stories declaring its demise in favor of elite-level club sports, and a survey from the National Federation of St...

Time is funny. It seems to speed up with each passing year. You're 40 and, in a blink, nearly 50. Then 50 zooms past and people start to ask when you might retire.