WASHINGTON - U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.
Recent Top News
AMMAN/TOKYO - Japan and Jordan scrambled on Friday to find out what had happened to two of their nationals being held by Islamic State, after a deadline passed for the release of a would-be suicide bomber being held on death row in Amman. | Video
BEIRUT - The leader of Lebanon's Hezbollah said on Friday his group did not want war with Israel but was ready for one, and reserved the right to respond to Israeli attacks any time, anywhere.
- MasterCard Inc , the world's No. 2 debit and credit card company, reported a better-than-expected profit for the holiday shopping quarter as customers dug deeper into their pockets.
WILLISTON, N.D. - Chevron Corp , the second-largest U.S. oil producer, reported a higher-than-expected quarterly profit on Friday as sales of chemicals, lubricants and other refined products helped offset plunging crude prices .
- Xerox Corp , which has been shifting its focus to IT services from making printers and copiers, cut its profit forecast for 2015 for the second time after reporting its sixth-consecutive drop in quarterly revenue.
WASHINGTON - The Obama administration on Friday proposed a plan to move most doctors, hospitals and their patients to national standards for handling electronic clinical data by the end of 2017.
MOSCOW - The next meeting between some Syrian opposition figures and the Damascus government in Moscow will take place in about a month, Qadri Jamil, a participant in this week's consultations, said on Friday.