The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, a sign the U.S. labor market might be tightening.
Global Payments Inc. (GPN) on Thursday reported fiscal first-quarter profit of $75.4 million.
The number of people seeking U.S. unemployment benefits dropped 8,000 last week to a seasonally adjusted 287,000, as the total number of Americans collecting benefits dropped to its lowest level in more than eight years.
Almost two years after his Election Day drubbing, Mitt Romney is the Republican man in demand.
Darden Restaurants Inc. said sales increased for most of its chains in September and it expects earnings for the current quarter to come in at the higher end of its guidance.
A makeshift system of plastic pipe, garden hoses, duct tape and towels is providing water service to a downtown Detroit coffeehouse and an adjoining jewelry store as city repairs to the water system are on hold.
Mobile game developer Rovio Entertainment Ltd. says it plans to cut some 16 percent of its workforce amid signs that its Angry Birds game is losing some of its luster.
Allianz CEO Michael Diekmann will step down in 2015 after its annual general meeting, and will be succeeded by Oliver Baete, the company said Thursday morning.
Twitter Inc. is making strides in mobile advertising, J.P. Morgan Chase said on Thursday, after upgrading the company's stock to overweight from neutral.
The European Central Bank left interest rates unchanged, shifting focus to an asset-buying plan it hopes will revive the eurozone, stave off deflation.
Constellation Brands said it had net income of $196 million, or 98 cents a share, in its fiscal second quarter.
Greenland has called for early elections next month after four government members quit and the prime minister went on leave amid a scandal involving the use of public funds.
A high school football player has died after he collided with an opponent and collapsed during a game on Long Island.
Eastman Kodak says it will cut 70 jobs at its Rochester-area operations as it transitions to a smaller company focused on commercial and packaging printing.
The European Central Bank on Thursday made no changes to interest rates, as expected, at its monthly policy meeting.
Sears Holdings said it would raise up to $380 million by selling most of its stake in Sears Canada though a rights issue.
European stocks dropped as investors waited to hear from the ECB about what it plans to do next to tackle low inflation levels and stagnating growth in the eurozone.