Latest Headlines
Report says Apple to unveil new iPad in March
A news report says Apple plans to unveil a new iPad early next month.
Guerlain perfume heir accused of racism in trial
An heir to the Guerlain perfume empire went on trial Thursday in Paris on charges he made racist insults on national television.
South Africa plans big infrastructure campaign
South Africa's president announced ambitious infrastructure projects Thursday, laying out his plans for creating jobs and hope in nation harder hit than most in Africa by global recession.
FDA outlines path for lower-priced biotech drugs
The Food and Drug Administration is preparing to review the first lower-cost versions of biotech drugs, expensive medications which have never before faced generic competition.
Understanding Greece's Austerity Deal
Greece's political leaders on Thursday agreed to steep government cutbacks and economic reforms to qualify for a euro130 billion ($170 billion) bailout from other countries in Europe and around the world.
Natural gas price up on production cuts
The price of natural gas jumped Thursday after a major producer said it is aggressively cutting production.
Summary Box: PepsiCo to cut 8,700 jobs
THE NEWS: Pepsico Inc. plans to cut 8,700 jobs, about 3 percent of its 300,000 global work force, in a restructuring. The company also reported fourth-quarter earnings rose 4 percent. Adjusted results beat expectations.
Wholesale inventories rose 1 percent in December
Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth.
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Stocks close higher after debt deal in Greece
The stock market finally got a deal from Greece, but it didn't produce much of a rally.
