New U.S. unemployment claims tumbled to the lowest level in nearly 9 years, suggesting the labor market recovery was gaining traction.
Swiss watchmaker Swatch has denied a media report saying it was working with technology company Apple on a smartwatch.
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General Motors reported a lower profit due to numerous recalls and the expected cost of at least $400 million for its victims' compensation fund.
Wal-Mart says U.S. CEO Bill Simon is leaving the company and will be succeeded by Greg Foran.
HP will announce a strategic partnership under which it will invest $50 million in Hortonworks, the Hadoop startup that spun out of Yahoo in 2011.
The reports ran one day after Qualcomm said on an earnings call that its licensing patents business faced "significant challenges" in China.
A Republican congressman will pressure the Securities and Exchange Commission for reforms after Bill Ackman's efforts to take over Allergan.
President Obama will call for an end to a corporate loophole that allows companies to avoid federal taxes by shifting their tax domiciles overseas.
"We have to make sure, as all airlines do, that conditions are indeed stable," CEO Doug Parker told CNBC on Thursday.
China's factory activity expanded at its fastest in 18 months in July as new orders surged while the euro zone's private sector also perked up.
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"We're past the bottom in mining for sure," Caterpillar's CEO tells CNBC.
Ford Motor reported quarterly earnings that beat analysts' expectations on Thursday.
Social media giant Facebook reported bumper earnings growth on Wednesday, but some analysts have called into question how long the party will last.
A commercial jetliner carrying 116 people disappeared over west Africa after losing contact with air traffic controllers. NBC News reports.
EU diplomats will weigh sweeping Russian sanctions on Thursday, according to a proposal seen by the Financial Times.
An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.
Moody's downgraded the general obligation bonds of Atlantic City, New Jersey to "junk," citing the casino town's declining tax base.
Authorities have lost contact with an Air Algerie flight en route from Ouagadougou in Burkina Faso to Algiers with 110 passengers on board.