AP - The picture of an economy growing modestly without producing inflation yet struggling to create jobs emerged from government reports Thursday.

AP - FedEx says the global economic recovery is broadening, as Asia continues to see strong growth and the U.S. economy gains steam.

AP - Israeli drug maker Teva has beaten out rivals Pfizer and Actavis to acquire German generic drug maker Ratiopharm GmbH — in a deal announced Thursday worth some euro3.6 billion, or nearly $5 billion.

AP - President Barack Obama says his health care overhaul would be the most significant effort to reduce the nation's deficit since the balanced budget act of the 1990s.

AP - President Barack Obama has signed into law a package of tax breaks and spending designed to give the nation a jobs boost.

AP - Stocks are trading in a narrow range Thursday after a fresh batch of economic reports showed the economy continues to slowly regain its strength.

AP - Greece warned Thursday that it will be forced to turn to the International Monetary Fund if the EU can't agree to a bailout plan next week that will help reduce its market borrowing rates.

AFP - Spain's Inditex, Europe's biggest clothing retailer and the company behind Zara, posted Wednesday a rise in profit as strong sales abroad, especially in Asia, offset sluggish domestic demand.