Disney is merging its consumer product and interactive divisions.» Read More
UBS was sued on Tuesday in a Swiss federal court by wealthy American clients seeking to prevent the disclosure of their identities as part of a tax-evasion investigation by the United States Justice Department.
Britain's Secretary of State for Business Enterprise and Regulatory Reform Lord Peter Mandelson caused a stir earlier this week when he slammed Starbucks CEO Howard Schultz's negative comments about the UK's economy.
As the economy continues to struggle, the public is growing increasingly concerned about losing jobs, not having enough money to pay the bills and seeing their retirement accounts shrink, according to an Associated Press-GfK poll.
The Bill & Melinda Gates Foundation on Tuesday increased its share stake in heavyweights like Coca Cola, McDonald's and Autonation.
It may seem like the country that used to make everything is on the brink of making nothing.
A Thai bank, a Dutch brewer and a US-based food-service provider are among the stock picks given by Wouter Weijand from Fortis Investments.
Some of the nation’s large banks, according to economists and other finance experts, are like dead men walking, the New York Times reported.
It's a city where perception is reality and image is everything. But Hollywood is having trouble keeping up appearances in the midst of the nation's economic downturn, even during its splashiest, most self-celebratory time: awards season.
A day after Obama's stimulus plan was passed in the senate and the Dow dropped 4.6 percent, the S&P 500 is heading to set new lows.
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Investors are eager to see the details of a stimulus package to help the US economy on which the Senate will vote today. Some experts tell CNBC it will signal the beginning of the end of the economic crisis, but others say it will not bring immediate relief.
President Barack Obama plans to participate in town hall-style meetings next week in two cities that have struggled amid the crumbling economy.
U.S. Internet search company Google Inc released software on Wednesday that allows users of mobile phones and other wireless devices to automatically share their whereabouts with family and friends.
The stock market is likely to test and reset bear market lows towards the middle of the year despite the S&P 500’s failed attempt at rallying since its lows last year in November, Chris Locke, the Managing Director at Oystertrade.com, told CNBC.
Swiss drug maker Roche sees growth slowing this year after its 2008 profit fell 5 percent and missed expectations, hurt by a loss of pandemic Tamiflu sales and the strong Swiss franc.
What's the remedy for Bono-fatigue? The world's foremost martial arts action movie star--Jet Li.
The Chinese economy will stage a "quick rebound" of economic growth, but the US has a tougher job, facing the loss of $1 trillion in consumption, Zhu Min, executive vice president of Bank of China, told CNBC.com.
"If it looks like a bank and quacks like a bank, we've got to capitalize it as a bank," FSA Chairman Lord Adair Turner tells CNBC.
Moving with remarkable speed, the Democratic-controlled U.S. House of Representatives approved $819 billion in spending increases and tax cuts at the heart of President Barack Obama's economic recovery program.
Obama used his talks with business leaders to keep up a lobbying campaign for passage of his economic plan, which could be the signature domestic initiative of his first term as he struggles to deal with the worst financial crisis in decades.