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Updated: 25 min 53 sec ago
Office Depot Inc said it would eliminate about 1,100 jobs in Europe as part of a restructuring plan in the region.
Blackstone Group LP, the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in undrawn investor capital to work.
European Union nations are promising to reinforce passenger screening for Ebola at the airports in the hardest-hit West African nations and coordinate a common approach for the deadly virus at EU entry points.
CBS Corp said it will launch digital subscription-based video on demand and live streaming services for its television network.
Some of the most powerful political committees faced a Wednesday deadline to reveal how much cash they raised and spent during July, August and September.
U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.
The number of Americans filing new claims for jobless benefits fell to a 14-year low last week, a positive signal for the labor market that could counter doubts over whether the economy is shifting into a higher gear.
The U.S. labor market remains far from normal with many companies preferring to use part-time workers, said Dennis Lockhart, the president of the Atlanta Fed, on Thursday.
The College for Creative Studies is working with a business that makes watches and other goods in Detroit on plans for a degree program in fashion accessories design, officials said Thursday.
Shares of iBio soared 42% in active premarket trade Thursday, after the company said it has offered to assist the U.S. government by making its proprietary antibody production technology available to deal with the current Ebola virus outbreak.
Delta Air Lines Inc. said Thursday that third-quarter profit fell 74 percent on one-time costs such as retiring older planes, although the results excluding those items beat expectations.
The Federal Reserve should hike rates sooner rather than later to avoid a chance that inflation will accelerate, said Charles Plosser, president of the Philadelphia Fed, on Thursday.
The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting few workers and hiring could remain healthy.
The number of people who applied for U.S. jobless benefits fell 23,000 to 264,000 in the week that ended Oct. 11, hitting the lowest level since April 2000, showing that employers are laying off few workers, according to government data released Thursday.
Bank of America Corp. was upgraded to an outperform from market perform by analysts at FBR & Co., citing drastically reduced litigation expenses going forward.
All 30 Dow industrials components are selling off in premarket trade Thursday, with 29 of those stocks losing at least 1%.
Chesapeake Energy Corp. said Thursday it's selling shale assets to Southwestern Energy Co. for $5.375 billion.
Crude-oil futures continued their slide as the glut in global oil supply and weak demand projections weighed on global oil benchmarks.
The European Union's executive commission has vowed continuing financial support for Greece as markets punish the bailed-out country's stocks and bonds.
The European Union's top energy official says he's cautiously optimistic about chances of a deal to secure gas supplies this winter for Ukraine and Europe as he prepares for new talks with Kiev and Moscow.