The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - European leaders clinched a deal Thursday they hope will mark a turning point in their two-year debt crisis, agreeing after a night of tense negotiations to have banks take bigger losses on Greece's debts and to boost the region's weapons against the market turmoil.
AP - Residents poured out of the Thai capital by bus, plane and train Thursday, heeding government warnings to use a special five-day holiday to evacuate parts of the flood-threatened metropolis before a weekend deluge rushes through the city.
Hundreds of rescue workers have been working through the night attempting to dig out any survivors after a 7.2-magnitude earthquake hit eastern Turkey, leveling dozens of buildings and killing hundreds.
More Occupy Wall Street protests were scheduled in New York on Thursday, a day after demonstrators marched to support an Iraq war veteran who was hurt in California.