Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.
The United States said on Thursday it was hopeful that differences between India and much of the rest of the world over a major trade agreement could be resolved in time, with only hours remaining before the deal has to be signed.
Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with "holdout" investors suing it or win more time from a U.S. court to reach a settlement.
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
Individual Retirement Account contributions are getting larger - an encouraging sign of a recovering economy and improved habits among retirement savers.
China will crack down on smartphone apps featuring pornography and obscene content, the government said on Tuesday, the latest move in an official campaign to 'clean the Internet'.
After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.
The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.
Just days after he was forced to lift the ban he enforced on Twitter, Turkey Prime Minister accused the social media network of tax evasion, and implied that YouTube and Facebook might be violating the country's laws as well.
Madison, US-based fishing social network Fishidy won in Madishon's Pressure Chamber contest for local startups, which was hosted by the Madison Chamber of Commerce, and got a chance to attend a conference in Silicon Valley in June.
The British government awarded £4 million in funding to Staffordshire to help small and medium sized businesses (SMBs) expand and to add more jobs in the region.
The government of Chile gave $350,000 in funding to tech startup Kaitek Labs to develop prototype of a device that detects red tide in a bid to reduce the costs of testing for toxins.
Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.
US President Barack Obama announced the new members of the Presidential Ambassadors for Global Entrepreneurship (PAGE) who will help start and grow new businesses in the US and around the world.
US-based video-sharing giant YouTube representative Gonenc Gurkaynak filed a legal complaint to the Turkish Consitutional Court against the ban that prime minister Recep Tayyip Erdogan issued against the service.
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