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For Discussion: U.S. / Global Stock Markets

European Markets Follow Asia on Downward Slide

An ugly selloff in global stocks gathered pace Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.

European Stocks Open With Drop, Following Asia

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Global stocks ceded more ground Friday, hurt by mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.

UK police arrest Hollywood reporter over hacking

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British police investigating a phone-hacking scandal at Rupert Murdoch's defunct News of the World have arrested a senior Hollywood reporter at the tabloid, James Desborough, a source with knowledge of the situation said.
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Salesforce bucks tech trend, boosts outlook

Web-based software maker Salesforce.com Inc raised its full-year revenue outlook, fueling hopes that cloud computing companies can avoid getting caught up in a possible slowdown in tech spending.
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Flash Mobs: Is Technology to Blame?

The increase of violent flash mobs in the United States is proving that technology is a double-edged sword. Mass communication and social networking are connecting people across the world, but sometimes to the detriment of society.
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U.S. needs to reform corporate tax, GE CEO says

The United States needs to reform its corporate tax code and should consider eliminating all loopholes that allow companies to pay less than the statutory rate, General Electric Co 's chief said.
U.S. Secretary of State Hillary Clinton

United States Calls on Syria's Assad to Step Down

The United States for the first time Thursday explicitly called for Syrian President Bashar al-Assad to step down and imposed new economic sanctions likely to be followed up by the European Union.
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Texas vampire Arrest Sparks Discussion on Pop Culture

The arrest of a Texas man who broke into a woman's house, threw her against a wall and tried to suck her blood over the weekend has sparked discussion over the impact of vampire books and movies on U.S. youth culture.
Smoke rises in the city of Latakia

Obama Calls on Assad to Step Down

President Barack Obama on Thursday for the first time called on Syrian President Bashar al-Assad to step down after a brutal crackdown by Syrian forces on demonstrations against the Assad family's 41-year reign.
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Merkel and Sarkozy offer no miracle cure for euro

Plans from France and Germany to move toward fiscal union in 2012 got a chilly response from other euro-zone countries and failed to reassure investors worried about the region's debt crisis and weakened economies.
Kate Middleton in denim low-riders and button down-blouse.

London deemed top fashion capital - survey

London has overtaken New York as the world's fashion capital for 2011, fuelled by media interest in late British designer Alexander McQueen and Kate Middleton, according to a survey by the Global Language Monitor.
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"One Day" feel like it lasts years and years

Vague approximation of a guy meets sketchy notion of an intelligent woman, and then they spend two decades circling each other for no apparent reason. It's not exactly "boy meets girl," but that's the best that the new romance "One Day," based on a best-selling novel that I have not read, has to offer.
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London deemed top fashion capital: survey

London has overtaken New York as the world's fashion capital for 2011, fueled by media interest in late British designer Alexander McQueen and Kate Middleton, according to a survey by the Global Language Monitor.
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Galaxy offload forward Angel to make way for Keane

Colombian striker Juan Pablo Angel has been traded by LA Galaxy to Chivas USA in exchange for a third round selection in the 2012 supplemental draft, the Major League Soccer (MLS) club said on Wednesday.
NigeriaSat-2

Nigeria Successfully Launches 2 Satellites Into Space

The SSTL's NigeriaSat-2 and NigeriaSat-X satellites, which were built under contract with the Nigerian National Space Research and Development Agency (NASRDA), will give Nigeria the ability to perform monthly crop monitoring, help with increasing urban planning demands through the development of engineering skill, and advance the growth of new technologies in the African country.
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News Corp Stock Reaches Pre-scandal Level

News Corp. stock rose 1.4 percent on Tuesday even as the British Parliament released documents indicating that company executives may have been aware of phone hacking practices at the News of the World

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