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Burger King agrees to be sold for $3.26 billion
LOS ANGELES/NEW YORK (Reuters) - Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to sell itself to investment firm 3G Capital for about $3.26 billion in a deal analysts said would give the restaurant breathing room to fix its business.

Pakistan gets IMF relief, tightens security
LAHORE, Pakistan (Reuters) - The International Monetary Fund will give Pakistan $450 million in emergency flood aid, providing some relief for a government overwhelmed by the disaster and facing renewed militant violence.

Coast Guard responding to possible rig blast in Gulf
HOUSTON (Reuters) - The U.S. Coast Guard was flying helicopters to a possible offshore drilling rig explosion in the Gulf of Mexico, a Coast Guard spokesman said.

U.S. workers see higher health costs, less care
WASHINGTON (Reuters) - U.S. companies are cutting healthcare costs further amid a continuing sour economy, scaling back benefits and shifting a greater share of the expense to employees.

Workers see higher health costs, less care
WASHINGTON (Reuters) - Companies are cutting healthcare costs further amid a continuing sour economy, scaling back benefits and shifting a greater share of the expense to employees.

Mortgage rates hit record low: Freddie Mac
NEW YORK (Reuters) - U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.

Pending homes sales rise and jobless claims dip
WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, hopeful signs for the sputtering economic recovery.

Wall Street gains on housing and jobless data
NEW YORK (Reuters) - Stocks rose on Thursday, building on their best day in eight weeks in the previous session, as data showed pending home sales improved and initial jobless claims declined.

Nations meet on climate cash, U.N. sees long haul
GENEVA (Reuters) - About 45 nations met on Thursday to seek ways to raise billions of dollars in aid to help the poor combat climate change as the United Nations warned them of a long haul to slow global warming.

Israelis and Palestinians launch direct peace talks
WASHINGTON (Reuters) - Israeli and Palestinian leaders began direct peace negotiations on Thursday, sitting down for U.S.-brokered talks even as hard-liners on both sides vowed never to accept a deal.

Communities key in foreclosure fight: Fed officials
NEW YORK (Reuters) - Two top U.S. Federal Reserve officials on Thursday called for a more community-focused approach to the country's ongoing foreclosure crisis, which is weighing on its economic recovery.

HP raises offer for 3PAR to $2.4 billion, beats Dell
NEW YORK (Reuters) - Hewlett-Packard Co raised its bid for data storage company 3PAR Inc to $2.4 billion, beating Dell Inc's latest offer in a bidding war that many analysts have said has gone too far.

Israel, Palestinians launch direct peace talks
WASHINGTON (Reuters) - Israeli and Palestinian leaders began direct peace negotiations on Thursday, sitting down for U.S.-brokered talks even as hard-liners on both sides vowed never to accept a deal.

3G Capital to buy Burger King for $3.26 billion
NEW YORK (Reuters) - Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to be bought by investment firm 3G Capital for $24 per share, or about $3.26 billion.

Discounts, heat fuel August retail sales beat
CHICAGO (Reuters) - U.S. retailers posted better-than-expected sales in August as consumers sought out bargains during the key back-to-school selling season.

Bernanke cites "sadness" in letting Lehman fail
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Thursday he could not have legally saved Lehman Brothers from bankruptcy and the firm's catastrophic failure in 2008 was a source of sadness.

Pending home sales rise 5.2 percent in July
WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.

Wall St adds gains after data
NEW YORK (Reuters) - U.S. stocks extended gains on Thursday after data showed pending sales of previously owned homes rose unexpectedly in July, while factory orders edged up.

3G Capital to buy Burger King for $3.26 billion
NEW YORK (Reuters) - Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to be bought by investment firm 3G Capital for $24 per share, or about $3.26 billion.

Israelis and Palestinians set for face-to-face talks
WASHINGTON (Reuters) - With a diplomatic push from President Barack Obama, Israeli and Palestinian leaders start direct peace talks on Thursday overshadowed by skepticism on all sides and violence in the volatile West Bank.