A rate hike "sometime later this year" would likely be appropriate, though it depends on economic data, Fed Chair Janet Yellen said.
NEW YORK, Sept 24 (Reuters) - At least 27 U.S. state attorneys general on Thursday initiated a multi-state investigation of Volkswagen over its representations to consumers of its diesel vehicles, according to a spokeswoman for Illinois Attorney General Lisa Madigan.
NEW YORK, Sept 24 (Reuters) - At least 27 U.S. state attorneys general on Thursday initiated a multi-state investigation of Volkswagen over its representations to consumers of its diesel vehicles, according to a spokeswoman for Illinois Attorney General Lisa Madigan.
U.S. stocks fell more than 1 percent, pressured by declines in global markets, as investors awaited a post-close speech from Fed Chair Yellen.
Nike announced earnings and revenue that topped analyst expectations on Thursday.
The clothing chain Hollister will get rid of its trademark entrances at dozens of stores across the U.S. to make the doorways wheelchair accessible as part of a settlement approved Thursday by a federal judge.
NEW YORK (TheStreet) -- Berkshire Hathaway's Warren Buffett is famously known as the Oracle of Omaha, a moniker that not only reflects his keen financial instincts but also his standing as an upright sage in the ruthless and sometimes morally blurred world of high finance.
(Bloomberg Businessweek) -- When Venezuelan Oil Minister Juan Pablo Pérez Alfonso resigned in 1963, he blasted the Organization of Petroleum Exporting Countries, at the time torn by internal rivalries, for failing to produce any benefits for his country.
Oculus unveiled lower-cost hardware and a slew of media partnerships that aim to bring virtual reality to the mainstream.
When Facebook opened its Internet.org platform to developers back in May, it came with a big caveat: every service running on the platform had to transmit its data in the clear, without encryption.
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