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Kleiner to invest in messaging startup Snapchat at near-$10 billion valuation: report

Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.

Aug 27, 2014 9:08 AM EDT

World

Islamic State executes soldiers, takes hostages at Syria base: social media

Islamic State militants have executed Syrian army soldiers and are holding a group hostage after capturing an air base in northeast Syria at the weekend, pictures posted on social media by supporters showed on Wednesday.

News

GM ignition-switch fund receives claims for more than 100 deaths

A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.

News

U.S. home prices fall in June: S&P/Case-Shiller

U.S. single-family home prices fell in June and disappointed expectations, a closely watched survey said on Tuesday.

U.S. consumer confidence hits nearly seven-year high in August

U.S. consumer confidence rose in August to its highest level since October 2007 on improved feelings about the current state of the economy, according to a private sector report released on Tuesday.

Aug 26, 2014 10:28 AM EDT

WHO urges stiff regulatory curbs on e-cigarettes

The World Health Organization (WHO) stepped up its war on "Big Tobacco" on Tuesday, calling for stiff regulation of electronic cigarettes as well as bans on indoor use, advertising and sales to minors.

Aug 26, 2014 10:22 AM EDT

Boeing says completed key design review for space taxi

Boeing Co has completed a key review of its design for a new commercial venture to fly astronauts to the International Space Station, making it the only one of four rival bidders to finish the NASA work on time, company officials said on Thursday.

Aug 26, 2014 10:19 AM EDT

Emmys exalt old favorites over TV's shiny newcomers

For all the talk about newcomers raising the game of television, the industry on Monday chose to bestow its top Emmys on the long-running shows "Breaking Bad" and "Modern Family" and long-time television actors who held off challenges from film stars.

Aug 26, 2014 10:16 AM EDT

Drive to be the best - McIlroy or Scott?

Rory McIlroy is the best driver in contemporary golf when he is 'on his game' while Adam Scott is consistently the best, day-in and day-out. Both players are regarded as better off the tee than Tiger Woods was at his peak.

Aug 26, 2014 10:12 AM EDT

Aircraft demand spurs record U.S. durable goods orders gain

Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong international demand for aircraft, but the underlying trend remained consistent with a steady pace of domestic economic growth.

Aug 26, 2014 10:08 AM EDT

Exclusive: Chipmaker Qualcomm may face EU antitrust probe

Qualcomm, the world's No. 1 mobile chipmaker, may face a European antitrust investigation in relation to a four-year-old complaint by a subsidiary of rival Nvidia Corp, three people familiar with the matter said on Tuesday.

Aug 26, 2014 10:04 AM EDT

Russian soldiers' capture clouds Putin-Poroshenko talks

Ukraine released a video of captured Russian soldiers on Tuesday, sharply escalating a dispute over Moscow's alleged backing for separatist rebels in the east of the former Soviet republic.

Aug 26, 2014 9:54 AM EDT

Germany clears $6.9 billion RWE unit sale to Russian investor

Germany's economy ministry approved the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis.

Aug 22, 2014 10:46 AM EDT

U.S. labor market less flexible than in 1990, economists warn

The U.S. labor market has become steadily less dynamic since 1990, with workers seemingly locked into particular jobs and a more sluggish process of job creation and destruction in the private sector, according to research to be presented to global central bankers on Friday.

Aug 22, 2014 10:40 AM EDT

Valeant, Ackman to submit Allergan special meeting request-CNBC

Valeant Pharmaceuticals International Inc (VRX.TO) and Pershing Square Capital Management will submit a request on Friday to Allergan Inc (AGN.N) for a special shareholders meeting, sources told CNBC television.

Aug 22, 2014 10:33 AM EDT