German carmaker BMW announced on Wednesday that it will leave Formula One at the end of season, making it the second major manufacturer to pull out of the sport in less than a year.
Telecom giant Verizon Communications has announced that it will be eliminating more than 8,000 jobs this year as the company continues to be stung by a slowdown in corporate accounts.
At least 17 people were killed and 21 injured Friday when a passenger plane crash-landed in northeastern Iran— the country’s second air disaster in less than two weeks.
After more than a month’s delay due to weather and problems with a hydrogen gas leak, the NASA space shuttle Endeavour finally roared into space on Wednesday, carrying seven astronauts onboard.
BusinessWeek, the weekly magazine founded in 1929, has been put up for sale by its owner. McGraw-Hill has hired investment bank Evercore Partners to find them a buyer for the 80 year-old publication
Space shuttle Endeavour is ready to launch today, Sunday, July 12. The Endevour launch was delayed after an electrical storm hit near it’s perch atop launch pad at Kennedy Space Center on Friday
Former US Secretary of Defense Robert Strange McNamara, who was significantly more well-known for his work in the Vietnam War as the “Architect of Vietnam”, died early Monday morning of yet undisclosed causes. He was 93.