A Tomahawk cruise missile is launched against ISIL targets from the US Navy guided-missile destroyer USS Arleigh Burke, in the Red Sea September 23, 2014. REUTERS/U.S. Navy/Mass Communication Specialist 2nd Class Carlos M. Vazquez Ii/handout via Reuters

Syria strikes kill 70 militants

WASHINGTON/BEIRUT - The United States and several Gulf Arab allies launched air and missile strikes on Islamic State strongholds in Syria, killing at least 70 militants.  Full Article 

Buybacks down 1.6 percent in second quarter: S&P 11:25am EDT

NEW YORK - Companies in the S&P 500 spent $116.2 billion on stock buyback programs in the second quarter, according to S&P Dow Jones Indices, a rate representing fewer repurchases from the previous quarter, even as more companies reduced their share counts.

Inter-American Development Bank President Luis Alberto Moreno (L) and Allianz Chief Economic Advisor Mohamed El-Erian discuss the role of the private sector in global development during the Bretton Woods Committee annual meeting at World Bank headquarters in Washington May 21, 2014.  REUTERS/Jonathan Ernst

El-Erian would have done things differently

NEW YORK - Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm, and he gave no real consideration to staying on and working less.  Full Article 

A man talks on his phone underneath a Burger King logo outside the restaurant in the Brooklyn borough of New York August 25, 2014.     REUTERS/Carlo Allegri

Treasury moves against tax 'inversion' deals

WASHINGTON - Moving against tax avoidance by corporations, the Obama administration took several actions to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad.  Full Article 

Israeli soldiers patrol the border between Syria and Israel, close to the northern Druze village of Majdal Shams, in the Golan Heights May 20, 2011. REUTERS/ Nir Elias

Israel downs Syrian warplane

JERUSALEM - Israel shot down a Syrian warplane, saying the aircraft crossed the battle lines of Syria's civil war and flew over the Israeli-held Golan Heights, perhaps by accident.  Full Article 

IKEA design chief Marcus Engman poses for a picture in Stockholm August 14, 2012. REUTERS/Henrik Montgomery/TT News Agency

IKEA's next style revolution: itself

ALMHULT, Sweden - Best known for its minimal designs and Scandinavian image, IKEA acknowledges that the face of Sweden has changed.  Full Article 

A trader reacts at Frankfurt stock exchange January 29, 2014. REUTERS/Ralph Orlowski

Frankfurt exchange's dream turns to nightmare

In the drive to win Chinese listings from tough competition in New York and London, officials at the Frankfurt Stock Exchange may not have fully appreciated the risks.  Full Article 

Syrian Kurdish refugees walk with their belongings in the town of Suruc in Sanliurfa province September 23, 2014. REUTERS/Murad Sezer

No loyalty on the Syria border

Refugees fleeing north and Islamic extremists heading south all need a little help to make the crossing.  Commentary