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European Stocks Struggle, Then Close Modestly Higher

FTSE 100
European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt default.
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Global shares, euro stabilize, economic data eyed

European shares and the euro gradually recovered on Monday from early losses triggered by the mass downgrade of euro zone sovereign ratings last week, but they still looked vulnerable amid rising fears of a disorderly Greek debt default.
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Shares weak but euro steadies as S&P shock fades

Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Traders work at their desks at the Frankfurt stock exchange

Eurozone Bank Shares Down, Single Currency Pressured

Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
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Iron Lady locks up $5.4 million over weekend

The Iron Lady, the Weinstein Company's biopic of Margaret Thatcher, entered its first week of wide release as the No. 10 movie in America -- the only specialty film in the top 10.
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ECB aims to restore calm after S&P cuts: Nowotny

The European Central Bank will do all it can to calm the situation after Standard & Poor's downgraded several euro zone members' debt ratings in the past week, ECB Governing Council member Ewald Nowotny said on Sunday.
Rick Perry Drops Out of Presidential Race

Perry on Urinating Marines: 'These Kids Made a Mistake'

Texas Gov. Rick Perry, scrambling to keep his U.S. presidential bid alive, accused the Obama administration Sunday of overreacting to a videotape that shows four Marines appearing to urinate on dead Taliban fighters in Afghanistan.
Hollywood preps for Golden Globe party

Hollywood preps for Golden Globe party

Hollywood prepared for its annual party and prize giveaway, the Golden Globe Awards, on Sunday but as much as Tinseltown's eyes will be fixed on which films and stars will be honored, its ears will be listening for barbs from show host Ricky Gervais.
Workers prepare the booth for Samsung at the Consumer Electronics Show opening in Las Vegas.

CES 2012 -- Danger Signals for U.S. Competitiveness

Now that 153,000 people have exhausted themselves at the 2012 International Consumer Electronics Show in Las Vegas, an American visitor can't help thinking that the future of electronics is in Asia, not California's Silicon Valley or Texas.
Australia- India series

Australia Crush India to Seal Series Triumph

A rampant Australia blitzed India's tail to crush the hapless tourists by an innings and 37 runs with more than two days to spare in the third test and take an unassailable 3-0 lead in the series on Sunday.

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