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The U.S. government on Monday rejected United Airlines' third and final bid for a loan guarantee, forcing the carrier to move forward with its efforts to secure financing on its own to exit bankruptcy.
A federal judge in the United States ruled that a sex discrimination case against Wal-Mart, the world's biggest retailer, can be pursued as a class action lawsuit.
The wooden furniture ruling is one of 17 U.S. antidumping orders placed on Chinese products, and the largest of the 26 cases initiated by the Commerce Department.
WorldCom Inc may have taken a giant leap toward bankruptcy in disclosing what appears to be one of the largest cases of accounting fraud ever - nearly $3.8 billion in disguised expenses.
As the final buzzer sounded and confetti began dropping, Pistons coach Larry Brown received an affectionate handshake and smile at midcourt from Lakers coach Phil Jackson and a hug from Kobe Bryant.
U.S. stocks retreated on Monday, as a stronger-than-expected retail sales report and a key consumer prices reading on Tuesday increased fears the Federal Reserve may take a more aggressive stance toward raising interest rates.
China inked seven agreements with Canada to enhance political, economic and cultural collaboration in areas including agriculture, transportation, animal and plant inspection and quarantine.
Trucks packed with explosives blew up near the high-rise headquarters of the London-based HSBC bank and the British consulate on Thursday, killing at least 25 people and wounding nearly 400, officials said.
Chinese central bank governor Zhou Xiaochuan stressed that the Chinese central bank has the capability to sterilize the liquidity impact of inflow of "hot money" with additional monetary-policy instruments.
After two years of declines, the total net worth of America's richest people rose 10 percent to $955 billion this year from 2002, according to Forbes magazine's annual ranking of the nation's 400 wealthiest individuals.
Retailing giant Wal-Mart Stores Inc., with net sales last year of $256.33 billion, was named No. 1 on the Fortune 500 list of America's largest companies for the third year in a row.
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