Business

HTC Corp laid off around 20 percent of its U.S.-based staff in what it called a move to streamline its operations after a period of growth, sending its shares tumbling on Monday. The struggling Taiwanese smartphone maker said it laid...

The U.S. dollar slid while bonds and shares rallied on Monday after the withdrawal of Lawrence Summers from the race to head the Federal Reserve suggested a more gradual approach to tightening monetary policy. Further whetting risk appetite was a...

Germany is working on a plan that would allow the completion of a euro zone banking union without changing existing EU law, potentially removing a major hurdle to finish the most ambitious EU project since the start of the...

Four men appeared in a British court on Saturday over an alleged attempt to steal millions of pounds from Santander by hacking into the bank's computer system, police said. Twelve men were arrested on Friday, following an operation by the...

U.S. consumer confidence ebbed early this month and retail sales rose just slightly in August despite strong demand for automobiles and other big-ticket items, the latest indications economic growth slowed in the third quarter. The lack of momentum in the...

U.S. stocks edged higher on Friday, with the S&P 500 set to post its largest weekly gain in two months, with traders focusing on next week's U.S. Federal Reserve meeting and its expected reduction of stimulus. Despite indications economic growth...

The United Auto Workers would like Volkswagen AG to voluntarily recognize the U.S. union as the best choice to represent the German automaker's workers at its Tennessee plant, the union's president said on Thursday. Doing so would eliminate the need...

Japan's Sharp Corp plans to raise up to $1.7 billion as the struggling TV and display maker seeks to pay down debt after a rescue last year and shore up its tattered finances, people with knowledge of the moves...

U.S. stock index futures slipped on Thursday, indicating the S&P 500 may snap a seven-day winning streak ahead of labor market data that may influence investor opinion on the possibility the Federal Reserve may soon begin to trim its...

By adding a fingerprint scanner to its newest mobile phone, Apple Inc is offering a tantalizing glimpse of a future where your favorite gadget might become a biometric pass to the workplace, mobile commerce or real-world shopping and events. Although...