U.S. stocks ended down on Thursday, retreating from intraday records for the S&P and Dow, as a decline in energy shares sapped an earlier rally following the European Central Bank's new stimulus measures.
Industry
Huawei unveils phone with sapphire glass, finger-sensor, just days before Apple's iPhone 6 release
Huawei Technologies Co Ltd [HWT.UL] unveiled on Friday a slate of new devices meant to showcase the Chinese company's hardware technology, just days before Apple Inc releases its highly-anticipated iPhone 6 on Sept 9.
BP can absorb new oil spill fine, analysts say
BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.
Apple, Google appeal rejection of $325 million hiring settlement
Four technology companies including Apple and Google blasted a U.S. judge for rejecting a proposed $324.5 million settlement over hiring practices in Silicon Valley and asked an appeals court to intervene, according to a court filing.
Canadian miners scrap over gold discovery after mega deal
On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold miners, fresh off one of the biggest deals of their careers.
Latest News
U.S. companies hired fewer workers than expected in August, but the trend in job growth remained consistent with a sturdy economic performance in the third quarter.
In the last week of August, Twitter entertained dozens of potential young recruits at a chic studio, while Facebook served drinks and snacks to job-seekers at its own office. More than 175 showed up to a similar event at Google in June.
Kurdistan Regional Government's (KRG) Natural Resources Minister Ashti Hawrami on Thursday said it would take more than a year to repair the Baiji Refinery after it was damaged in a series of attacks by Islamic State militants since June.
Newmont Mining Corp has signed a deal with the Indonesian government that will allow for the resumption of copper concentrate exports next week, the head of the firm's local unit said on Thursday, ending an eight-month tax dispute.
Logitech said it would make minor adjustments to past earnings due to erroneously booking inventories, bringing an end to a three-month investigation without any financial penalties or hit to current results.
Goldman Sachs (GS.N) is reviving plans to issue at least $500 million worth of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.
Nissan Motor Co (7201.T) is recalling 55,000 vehicles in Japan over a glitch in the gasoline engine starter motor, the company said on Thursday.
Indian Prime Minister Narendra Modi has scored high on overall performance during his first three months in office, but many are disappointed with his new administration's efforts to bring down inflation, an opinion poll showed.
German lender Commerzbank AG (CBKG.DE) is nearing agreement with U.S. authorities over its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.
