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J.C. Penney Co. is close to securing a $1.75 billion loan that would be secured by the U.S. department store chain's property, The Wall Street Journal reported.
A long and lustrous climb in gold prices appears to be losing ground as the U.S. economic recovery becomes more firm, market analysts say.
The head of the Treasury in the Guinea has been assassinated amid a looming showdown over the West African country's fabled mineral riches.
A video featuring actor Samuel L. Jackson urging voters to "Wake the [Expletive] Up" and re-elect U.S. President Barack Obama was posted online Thursday.
Billionaire financier George Soros has donated $1 million to Priorities USA, a super PAC backing President Barack Obama, sources told The Hill.
Germany should either lead the eurozone out of recession by promoting needed growth or leave the currency union itself, billionaire financier George Soros said.
UPI Almanac for Sunday, Aug. 12, 2012.
Republican-leaning super-PACs raised $156.5 million while pro-Democratic super-PACs took in $43.4 million so far in the 2012 U.S. election, a review indicated.
High-powered talks at the World Economic Forum in this scenic Swiss resort have failed to dispel anxieties and gloom over the future of global economy and immediate and pressing concerns in Europe over the fate of the EU and the eurozone.
Shale gas development in Poland has gathered more momentum after news that an Irish-Canadian joint venture has found success with a Baltic Basin well.
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