Alexis Tsipras, head of Greece's radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts.

Facebook priced its initial public offering at $38 a share, a move that values the Internet company at more than $100 billion. It tried floating higher numbers to investors but was rebuffed.

Alexis Tsipras, head of Greece's radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts.

Facebook is tinkering with ways to generate revenue beyond advertising, including by charging users to highlight their posts to all their friends.

The U.K. is unlikely to need another dose of central bank stimulus unless "worrying" tensions in the euro zone threaten to plunge its economy back into a deep recession, a senior Bank of England official said.

Donna Summer, disco music's first superstar and one of pop's premier acts of the 1970s and early 80s, has died at the age of 63.

New York's top financial regulator accused banks and insurers that sell homeowner policies to struggling borrowers of pushing them "over the foreclosure cliff."

Spain's government said 16 of the country's 17 regions are on track to meet this year's budget targets, a key part of its efforts to slash a towering budget deficit and ward off an international bailout.

The Senate confirmed Obama's two nominees to the Federal Reserve Board, filling the seven-member panel for the first time since April 2006.

Mongolia's parliament approved a new investment law Thursday that caps future foreign participation in certain strategic industries, reflecting a growing public push to keep profits from the mineral-rich nation's industries inside the country.

The Federal Reserve Bank of New York postponed a planned auction of $1.67 billion of mortgage collateralized debt obligations from its Maiden Lane III portfolio.

WASHINGTON, May 17, 2012 /PRNewswire/ -- The National Association of Corporate Directors (NACD) today announced its Blue Ribbon Commission on diversity in corporate boardrooms. More than 20 experienced corporate directors and leading governance professionals will meet in...

CP CEO Fred Green is out and Bill Ackman is in. With him comes a new and better approach to corporate governance in Canada.

Returning to a national currency after more than a decade of using the euro and having its money managed by the ECB would catapult Greece into a financial, legal and political no-man's land.

Returning to a national currency after more than a decade of using the euro and having its money managed by the ECB would catapult Greece into a financial, legal and political no-man's land.

The number of U.S. workers filing new applications for unemployment benefits was essentially flat last week, suggesting that the recently volatile labor market is stabilizing.

Mexico's economy expanded 4.6% in the first quarter, growing above expectations on higher industrial output and agricultural production as well as continued strength in domestic demand.

For the first time in U.S. history, whites of European ancestry account for less than half of newborn children, marking a demographic tipping point that is already changing the nation's politics, economy and workforce.

Alabama lawmakers refused to throw struggling Jefferson County a financial lifeline with legislation that would have let it raise millions of dollars in taxes.

Japan's economy grew an annualized 4.1% in the quarter ended in March, as resurgent domestic demand and government spending helped fuel recovery from last year's natural disasters and supply disruptions that depressed growth.