The Federal Reserve should leave short-term borrowing costs near zero for a seventh year in a row, a top Fed official urged on Thursday, citing sliding U.S. inflation and still-high unemployment.
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Starboard reiterates Yahoo should combine with AOL
Activist-investor Starboard Value LP has reiterated that Yahoo Inc (YHOO.O) should consider a merger with AOL Inc (AOL.N) and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions.
Google to start selling auto insurance in the U.S., analyst says
Google Inc (GOOGL.O) may be moving into the U.S. auto insurance market with a shopping site for people to compare and buy policies, an analyst said on Thursday, as it continues to shift its attention to the automotive industry.
China bans private drivers in taxi app clampdown
China's transport ministry has banned taxi hailing apps such as Uber Technologies Inc and local rivals Kuaidi Dache and Didi Dache from using cars and drivers without taxi licenses in a bid to regulate the rapidly growing sector.
Apple wins dismissal of lawsuit over MacBook logic boards
Apple Inc won the dismissal on Thursday of a lawsuit accusing it of defrauding consumers by selling MacBook laptop computers that contained "logic boards" it knew were defective, and which routinely failed within two years.
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McDonald's Corp (MCD.N) will cut 63 jobs at its corporate headquarters as part of a plan to reduce costs by $100 million as it looks to increase sales and reverse traffic declines in its major markets.
The number of Americans filing new claims for unemployment benefits fell last week and job cuts declined sharply in December, suggesting the labor market is tightening.
Global oil prices were little changed for a second straight day on Thursday after better-than-expected U.S. jobs data helped the market hold ground after a 10 percent loss earlier in the week.
U.S. stocks rallied for a second day on Thursday, boosted by expectations the U.S. economy will continue to improve and by hopes for more aggressive action from the European Central Bank.
Elvis Presley's first record to be auctioned on his birthday, his planes already up for bidding and are expected to sell by more than $10 million.
Mia Khalifa gets a song written to her by Timeflies amidst online attacks for being named no. 1 porn star.
Maddie Ziegler is joined by Shia LaBeouf in Sia's latest music video, "Elastic Heart," where Ziegler and LaBeouf are seen to be engaging in a dance that includes the 12-year-old beating and biting the actor. Sia is expected to perform "Elastic Heart" live on her guesting for "Saturday Night Live," where she would be with Ziegler.
Fans of 'Hart of Dixie' anxiously wait for the upcoming episodes of season four. The network has given their fans a rundown on what surprises are in store for their favorite characters.
Oscar winner Nicole Kidman recently paid a visit to "The Tonight Show Starring Jimmy Fallon" to promote her film 'Paddington.' The interview then took an awkward turn as Kidman and Fallon recalled how they first met through a mutual friend.
