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Wall St. slumps as Apple drags; S&P breaks support level

U.S. stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped.

Sep 25, 2014 12:07 PM EDT

India triumphs in maiden Mars mission, sets record in space race

India's low-cost mission to Mars successfully entered the red planet's orbit on Wednesday, crowning what Prime Minister Narendra Modi said was a "near impossible" push to become the only country to complete the trip on its maiden attempt.

World

GM expects to sell over three million cars in China this year: Tsien

General Motors Co (GM.N) expects to sell over three million vehicles in China for the second straight year in 2014, with its premium brand forecast to grow 40 percent, the U.S. carmaker's China President Matthew Tsien said on Wednesday.

News

GM's Cadillac adopts new naming scheme as part of brand overhaul

General Motors Co's (GM.N) premium Cadillac brand will adopt a new naming scheme to better compete against overseas luxury rivals as the company's new leader Johan de Nysschen continues to overhaul the unit.

Ford to add 1,200 jobs, shift for Transit van assembly in Missouri

Ford Motor Co said on Thursday by year end it will add 1,200 jobs and a second shift to build the Transit commercial van at a plant in Missouri, making it the automaker's largest volume factory globally.

Sep 25, 2014 11:30 AM EDT

Media mismatch captures Ryder Cup's glorious uncertainty

A curious piece of scheduling seemingly threw the two Ryder cup teams into sharp relief on Thursday as the last three players from each camp took their turn to face the media.

Sep 25, 2014 11:22 AM EDT

At L.A. Clippers, Steve Ballmer prizes team tested by adversity

After Steve Ballmer plunked down $2 billion for the NBA's Los Angeles Clippers, fans might expect the former Microsoft chief executive to be hitting the reset button on a team that has been through a nasty public fight over racism.

Sep 25, 2014 11:09 AM EDT

France strikes Islamic State in Iraq after U.S.-led Syria raids

French fighter jets struck targets in Iraq on Thursday and the United States and its allies stepped up air raids in Syria against Islamic State militants who have taken over large areas of both countries.

Sep 25, 2014 11:04 AM EDT

U.S. business spending plans, jobs data support growth outlook

Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record after an aircraft-related boost, but a rebound in business spending plans pointed to underlying strength in the economy.

Sep 25, 2014 11:00 AM EDT

U.S. new home sales at six-year high; supply increases

Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course.

Sep 24, 2014 11:36 AM EDT

Chicago church gives congregants $500 each to spend for good

Churchgoers grumble that they always get hit with pleas for money. But congregants at a Chicago church this month got a surprise - they each received a check for $500, with instructions to go out and do something good with it.

Sep 24, 2014 11:34 AM EDT

In Pennsylvania, heroin easier to get than wine, cheaper than beer: report

Young people in rural Pennsylvania can buy heroin more easily than a bottle of wine and getting high with the opiate can be cheaper than buying a six pack of beer, according to an investigative report released on Tuesday.

Sep 24, 2014 11:28 AM EDT

Ten ways to put your retired iPhone to work

With about 10 million new iPhone 6s ordered in the initial days on the market, a whole lot of old iPhones are destined for the scrap heap.

Sep 24, 2014 11:22 AM EDT

Drone delivery: DHL 'parcelcopter' flies to German isle

Logistics firm DHL is using a drone to fly parcels to the German island of Juist, in what it says is the first time an unmanned aircraft has been authorized to deliver goods in Europe.

Sep 24, 2014 11:17 AM EDT

Obama critic D'Souza spared prison for violating election law

Conservative author and filmmaker Dinesh D'Souza avoided prison on Tuesday when a U.S. judge sentenced him to serve eight months in a community confinement center after he pleaded guilty to violating campaign finance law.

Sep 24, 2014 11:12 AM EDT

Exclusive: Oil company rewrites its history, may aid founder's divorce case

Oil driller Continental Resources Inc has been revising its corporate history in ways that diminish the publicly traded company’s accomplishments under CEO Harold Hamm, part of a legal strategy that might help Hamm avoid the largest divorce award in U.S. history.

Sep 24, 2014 11:07 AM EDT