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Moody's may downgrade UBS and Morgan Stanley

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

MillerCoors Q4 up on price rises and savings

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MillerCoors, the second-largest brewer in the United States, posted a 32.5 percent jump in fourth-quarter net income as price rises and cost savings offset soft industry beer volumes.
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Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Olympus Ex-President and Other Execs Arrested

Three former executives of Japan's disgraced Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media reported.
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Olympus ex-president, others arrested: report

Three former executives of Japan's disgraced Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media reported.
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Tokyo prosecutors to quiz former Olympus: report

Three former executives of Japan's disgraced Olympus Corp face possible arrest this week over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media said on Thursday.
Robert Pattinson

Bel Ami Trailer: Robert Pattinson Beds Thurman, Ricci, Thomas [VIDEO]

As the 'Twilight' phenomenon settles down, Robert Pattinson is proving that he has no plans to exit the spotlight. In the trailer, Pattinson beds the likes of Uma Thurman, Christina Ricci and Kristin Scott Thomas are sure to lure female fans to theaters. And if that's not enough, there's plenty of alluring drama to be found in the story. George mercilessly climbs the social ladder, even if it means seducing his close friend's wife.
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Associated Press Sues News Aggregation Service for 'Parasitic Business Model'

The Associated Press, the world's oldest and largest news-gathering organization, is making good on its threat to sue content aggregation news services, alleging Tuesday that a paid-subscription company's repackaged content works on a parasitic business model. The 135-page suit against San Francisco-based company Meltwater News begins with a thudding blow: Meltwater has built its business on the willful exploitation and copying of AP's and other publishers' news articles ...
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Airbus CEO orders probe on A380 cracks

The head of Airbus said he ordered an internal investigation into how the company allowed wing cracks to develop on its flagship A380 passenger jet, acting to draw a line under weeks of embarrassing publicity for the world's largest planemaker.
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Experts say Iran has neutralized Stuxnet virus

Iranian engineers have succeeded in neutralizing and purging the computer virus known as Stuxnet from their country's nuclear machinery, European and U.S. officials and private experts have told Reuters.
Whitney Houston

Whitney Houston Songs: Sony Raises Prices 30 Minutes after Singer's Death

Whitney Houston, the celebrated pop music icon, died on Saturday at the age of 48. While many around the world mourned, Sony Music raised the price of Houston's greatest hits album titled Ultimate Collection on iTunes and Amazon. Sony Music raised the price of Houston's songs just 30 minutes after her death reports Guardian. The retail price was raised from about $8 (£4.99) to about $13 (£7.99), which automatically raised the price of digital sales on platforms such as iTunes.
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Britain's top rating may yet survive

Britain's top-notch credit rating may survive the threat of a downgrade because economists still believe in London's resolve to erase a huge budget deficit and the central bank's ability to print money.
Molten gold

Gold, Silver Suffer Three Straight Days Of Declines

The precious metals market followed Wall Street's skid today, as gold and companies that peddle it were driven down by underwhelming retail figures in the U.S., and ongoing concerns over Greece and the Eurozone.

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