Syriza's Greek election victory has dealt a blow to Eurocrats’ austerity agenda. As the European left celebrated the party's triumph, UK Prime Minister David Cameron warned the result will prompt further “economic uncertainty” in Europe.
Social media users have come down heavily on the former CEO of Target after it turned out he reportedly received a walk-away package worth about the same as what was offered to all 17,600 employees of the chain, which is closing its stores in Canada.
As pressure grows to call a referendum on the UK's EU membership, a senior Department for Business official faces allegations of impropriety amid revelations he offered pro-EU lobbyists tips on challenging Eurosceptic arguments.
Monsanto has won final approval from the US for its new genetically-modified soybeans and cotton, designed to withstand a dominant biocide that fights weed resistance built up as a result of the company’s glyphosate-based Roundup herbicide already in use.
A state-owned British train company that transports the nation’s nuclear waste is due to offer a passenger service along the Cumbria coast in northwest Britain, as demand for train travel rises and the UK’s railway network struggles to keep up.
UK oil giant BP faces a maximum $13.7 billion in penalties from the Deepwater Horizon Gulf of Mexico oil spill in 2010, which many claim to be the worst environmental disaster in US history. The fine is much less than the $18 billion feared.
Beset by legal costs exceeding $1 billion over the alleged rigging of foreign exchange markets, JPMorgan Chase reported a 6.6 percent fall in quarterly profit, leading CEO Jamie Dimon to claim that "banks are under assault."
Not everyone is loving McDonald’s newest ad. While some people were moved by the montage of signs outside its restaurants, others thought the notes referencing national tragedies like 9/11 or the Boston bombing were in poorer taste than the ribless McRib.