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The House of Representatives is voting to pass a resolution authorizing it to sue President Barack Obama

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The House of Representatives is voting to pass a resolution authorizing it to sue President Barack Obama for what Republican leaders describe as his...

G7 leaders say Russia will face further economic sanctions if it continues to support rebels in Ukraine

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Russia will face further economic sanctions if it continues to support rebels in Ukraine, G7 leaders say. In a statement on Wednesday, the G7 group...

Argentina can't afford to pay the so-called hold-out creditors and risks a new bond default

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Economy Minister Axel Kicillof has returned to the negotiating table in a last-ditch attempt to prevent Argentina defaulting on its bonds.Axel Kicillof's talks with...

Twitter reported a loss of $145 million during Q2 2014

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Twitter reported a loss of $145 million during Q2 2014.That is more than triple the loss Twitter reported during the same period a year...

Bernie Ecclestone is ready to pay $34 million to settle the bribery case

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Formula 1 boss Bernie Ecclestone is ready to pay a German bank 25 million euros ($34 million) to settle a court case against him,...

Airbus has cancelled its contract with Skymark Airlines for the purchase of six A380 superjumbos

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French aircraft maker Airbus has cancelled its contract with Japanese carrier Skymark Airlines for the purchase of six A380 superjumbos. Airbus it had been in...

Emirates has decided to suspend flights over Iraq to protect against the threat of Islamic militants on the ground

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Emirates has decided to suspend flights over Iraq to protect against the threat of Islamic militants on the ground. The airline was taking "precautionary measures"...

Ryanair has raised its annual profit forecast after seeing net income more than double for the Q2 2014

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Ryanair has raised its annual profit forecast after seeing net income more than double for the Q2 2014.Second quarter profit rose to 197 million...

Mikhail Khodorkovsky built Yukos into Russia's largest investor-owned oil company after the fall of the Soviet Union

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Russia will appeal a Hague court decision ordering it to pay $50 billion in damages Yukos Oil Co. case, the biggest compensation package ordered...

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UK based currency card provider Caxton FX provides an efficient and reliable solution to overseas business travel expenses. Its prepaid currency card system is...

The average US price of regular-grade gasoline has plummeted nine cents a gallon over the past two weeks

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The average US price of regular-grade gasoline has plummeted 9 cents a gallon over the past two weeks to $3.58, the largest drop this...

The Sarah Palin Channel bills itself as a direct connection between the former Alaska governor and her supporters

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Former Alaska Governor Sarah Palin has started her own subscription-based online network.The Sarah Palin Channel, which went live on Sunday, bills itself as a...

Venezuela’s PSUV is holding its first congress since Hugo Chavez died

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Venezuela's key party - United Socialist Party (PSUV) - has begun its first congress since President Hugo Chavez died in March 2013. Party leaders have...

McDonald's has been sued by Russia's main consumer watchdog, urging the restaurant chain to withdraw certain products

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McDonald's has been sued by Russia's main consumer watchdog, urging the restaurant chain to withdraw certain products.Rospotrebnadzor said its inspectors in the city of...

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If you’re in charge of running a business, whether you oversee 5 employees or 5,000, chances are good that you’ve had days where you...

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When starting a New Age business, normal small business principles apply. As with any other type of business, the key areas you have to...

McDonald's has suspended sale of chicken nuggets and some other products in Hong Kong

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McDonald's has suspended sale of chicken nuggets and some other products in Hong Kong. The fast food chain said it had imported chicken and pork...

General Motors’ earnings have slumped because of costs related to its vehicle recalls

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General Motors’ earnings have slumped because of costs related to its vehicle recalls.In Q2 2014, net profits fell 85% from a year ago, to...

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Has your business been affected by crime? Whether through fraud, shoplifting, vandalism or robbery, transgressions against your company can make you feel like closing the...

Island Creamery on Chincoteague Island in Virginia has won best ice cream parlor in the US title

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Online review website TripAdvisor has released a ranking of the top 10 ice cream parlors across the US, based on its users' reviews and...

GM will recall 717,950 vehicles in the US for varying reasons, although none were related to ignition switch issues

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General Motors has announced six more recalls covering 717,950 vehicles in the US for varying reasons, although none were related to ignition switch issues,...

Boeing's earnings from commercial aircraft operations helped to offset a fall in defense profits

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Boeing has reported high profits from April to June 2014 boosted by "strong" commercial aircraft sales. Boeing’s net profits rose 52% to $1.65 billion from...

Chrysler will recall up to 792,300 SUV’s to fix an ignition-switch problem

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Chrysler has announced it would recall up to 792,300 sport utility vehicles (SUV’s) to fix an ignition-switch problem, the same part involved in the...

Microsoft said its Nokia division lost $692 million

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Microsoft has reported a 7% fall in profit during Q2 2014.The tech giant said profit during the March to June period was $4.6 billion,...

Joko Widodo has been declared the winner of Indonesia's highly contested presidential election

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Joko Widodo has been declared the winner of Indonesia's highly contested presidential election. The election commission said Jakarta Governor Joko Widodo - widely known as...

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