U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.
Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen. The German carmaker also said it had no plans for mergers or acquisitions.
The number of people seeking U.S. unemployment benefits fell last week, a steady decline that suggests a strengthening job market.
Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough International Airshow, garnering nearly twice as many orders and commitments.
Microsoft announced the biggest layoffs in its history Thursday, saying it will cut up to 18,000 jobs or 14 percent of its staff as it works to cut down on management layers and integrate the Nokia cellphone business it bought in April.
Time Warner has rejected a takeover bid worth about $76 billion from Rupert Murdoch's Twenty-First Century Fox and said it has no interest in further discussions about a combination of two of the world's largest media and entertainment companies.
It's not easy to find models with disabilities in ads for the fashion and beauty industry — unless you look in the Nordstrom catalog.
Bank of America said Wednesday that its second-quarter earnings were hit by higher litigation expenses.
U.S. homebuilders' confidence in the housing market surged this month to the highest level since January, reflecting a pickup in sales of new homes and heightened expectations for sales the second half of the year.
Don't blame the millennial generation for lackluster home sales.
On Wednesday, Starbucks is making its much-anticipated debut in the country synonymous with coffee after years of roasting Colombia's Arabica beans for billions of java lovers the world over.
U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year.
Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.
Microsoft Executive Vice President Stephen Elop sent employees of the company's devices business a memo detailing its job cut plans.
Microsoft announced Thursday that it will cut up to 18,000 jobs, or about 14 percent of its staff. CEO Satya Nadella, who took the job in February, delivered the news to staff in a memo that Microsoft released publicly. Here's the text of that memo: