Global markets extend rout
European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.
McDonald's courts moms as emissaries
McDonald's has recruited mothers to go behind the scenes of the company's operations, meet senior executives and then communicate what they see via the Web in a bid to brighten its image.
Napolitano eyed for Homeland Security
An early Barack Obama supporter from the southwestern part of the country, the former Arizona attorney general is a leading contender for the job of secretary of homeland security.
Michael Jackson to testify in London
Michael Jackson's lawyer says the pop star has agreed to come to London to respond to a Bahraini sheik's $7 million lawsuit.
Oil dives below $50 to near a two-year low
Oil prices fell below $50 to near a two-year low Thursday as investors worried about plummeting stock markets and the global economy.
U.S.: Raid kills militant blamed in GI death
An al-Qaida in Iraq leader blamed in the 2004 abduction and murder of an Army reservist and other deadly attacks was killed in an American raid in Baghdad, the U.S. military said Thursday.
U.S. jobless claims jump to 16-year high
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.
Ex-Gitmo detainee to taste freedom
Australian police said Thursday they will stop restricting the movements and communications of a former Guantanamo Bay detainee.
Pakistan summons U.S. envoy
Pakistan summoned the U.S. ambassador Thursday to protest a suspected U.S. missile strike deep inside its territory as militants threatened revenge attacks unless the cross-border raids stop.
Bush to sign legislation to extend jobless aid
Because of the tight job market, the White House says President George W. Bush would sign legislation pending in Congress to further extend unemployment benefits.
