Three months after hackers working for China's army went silent, they appear to have resumed their attacks on U.S. companies using different techniques. The NYT reports.
Likely government budget cuts and the prospect for messy political fights over fiscal policy will weigh on the U.S. economy this year and hold growth to a tepid 2.4 percent, according to a new survey of forecasters published.
The social network has partnered with more than 18 mobile operators in 14 countries to provide free or discounted data access for users of Facebook's messaging service.
The White House issued more dire warnings about the harm the cuts will do to Americans, breaking down the loss of jobs and services to each of the states.
Some tax loopholes and deductions are under immediate scrutiny in efforts to cut the deficit and raise revenues. But questions remain on whether closing or reducing deductions will raise revenues and make the tax code fairer.
Hopes of a victory for a pro-reform Italian government helped fuel a stock market rally and support government bonds on Monday in the final stages of voting in the general election.
Macy's CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney over a partnership with home diva Martha Stewart.
Pope Benedict XVI has changed the rules of the conclave that will elect his successor, allowing cardinals to move up the start date if all of them arrive in Rome before the usual 15-day transition between pontificates.
Knight Capital, which recently agreed to be bought for $1.4 billion by Getco Holding, plans to sell its credit-brokerage unit to Stifel Financial, a person familiar with the matter told Reuters.
This year, Hollywood spread its awards around to classic genres. The biggest winners were also the biggest box office hits, each of these five grossed over $100 million at the U.S. box office.
Reports that Japan's government will likely nominate Haruhiko Kurodo, an advocate of aggressive monetary easing, as the next Bank of Japan (BOJ) chief, do not come as a surprise.
The chairman of Japan Airlines (JAL), which has had to ground its entire fleet of the Boeing 787 Dreamliner aircraft after a battery fire, had reservations from the start on relying on one vendor.
Federal Reserve Chairman Ben Bernanke is preparing for a most sensitive task: telling jittery investors who have grown accustomed to the U.S. central bank's ultra-easy monetary policies that things will eventually have to change.
Benchmark oil prices are set to weaken further this week though losses may be limited if U.S. Federal Reserve Chairman Ben Bernanke defends the central bank's stimulus efforts this week at his semi-annual testimony to Congress.
Royalty Pharma has made a $6.6 billion bid to buy Elan, seeking to scupper the drugmaker's plan to spend most of the proceeds from a major drug sale on deals.