Nordstrom Inc. said its annual anniversary sale and wealthy shoppers' demand for its shoes, makeup and designer clothing helped its second-quarter net income rise 20 percent. The company also boosted its full-year profit outlook.
El Paso Corp. said Thursday that a new company being formed from its exploration and production business will be called EP Energy Corp.
The dollar gave up its gains against most major currencies after a better-than-expected U.S. unemployment claims report.
Republican presidential hopeful Mitt Romney, clearly irritated by a handful of hecklers amid supporters at the Iowa State Fair, insisted Thursday that "corporations are people," a comment Democrats gleefully predicted would be a defining moment of his campaign.
The union that represents ramp workers at United Airlines won an election on Thursday to cover more than 14,000 workers as it combines with Continental.
Poland's finance minister said Thursday his government will take steps to guarantee the nation's financial credibility and economic health, the day after the stock exchange fell sharply and the zloty currency plunged in value.
Boeing booked 19 new orders for its 777 and said on Thursday that it needs to build its commercial planes faster to keep up with demand.
The nation's natural gas supplies last week rose less than analysts expected, according to government data released Thursday.
The housing and job markets are still weak, but homeowners are slowly gaining strength.
Kohl's Corp. reported that profit rose 17 percent in the second quarter despite the uncertain economy, in large part due to the success of its store-label brands such as Simply Vera Vera Wang and Food Network.
The parent of American Airlines is one step closer to spinning off regional airline American Eagle as a separate company.
Twenty-one months after Greece triggered financial and political turmoil by admitting it was broke, the eurozone still can't fix its debt crisis.
Whole Foods Market Inc. proved that it is good to be different on Wednesday, reporting a 35 percent jump in its third-quarter net income and raising its full-year forecast while the rest of the industry struggles.
Premier Silvio Berlusconi's government holds an emergency meeting Friday to approve new measures to balance the budget by 2013 and calm market concerns over Italy's public finances.
Asian central bankers will likely pause measures to contain high inflation until global market turmoil subsides, the chief economist at the Asian Development Bank said.
A Chinese bullet train manufacturer recalled 54 trains Friday in a new embarrassment for a problem-plagued prestige project following a July crash that killed 40 people.
The world's largest brewer Anheuser-Busch InBev NV said Thursday that second-quarter profits rose by more than a quarter as higher sales in China made up for declining demand in the U.S. and Brazil.