ISIS is taking advantage of a well-established black market in the oil industry in Iraq, selling the crude oil for a deeply discounted price. Left unchecked, the terrorist organization could make up to $1 billion a year.
Bank of America to pay a $16.65 billion settlement to the federal government and six states for mortgage securities fraud that lead to the financial crisis.
A new report by Moody's Investors Service projects 13 countries will be considered 'super-aged' (more than 20% elderly) by 2020.
Richard Branson says 'the Russian economy is going to go into steep decline, it will go back to the days of pre-Cold War, unless this problem is resolved quickly.'
Danish brewery Carlsberg expects operating profits to fall in 2014 due to ongoing Russia-Ukraine crisis.
Heineken International's first half-year earnings are better than expected. CEO Jean-Francois van Boxmeer says the conflict in Ukraine has not yet had a big impact on profits.
Prior to being executed in Iraq, journalist James Foley spent years reporting in the Middle East and was kidnapped in Libya.
Former Microsoft CEO Steve Ballmer stays true to form as he fires up a Staples Center pep rally as the new owner of the L.A. Clippers basketball team.
Facebook's Mark Zuckerberg issued the ice bucket challenge to tech's super stars. Watch the domino effect as Bill Gates, Sheryl Sandberg, Reed Hastings and more dump a bucket of ice on themselves for a worthy cause.