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George Soros Investing in Chinese Jewelry Firm - Report

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Billionaire philanthropist and investor George Soros is seen investing at least $50 million to subscribe for shares in the initial public offering of Chow Tai Fook Jewellery Group Ltd, Ming Pao Daily News reported on Wednesday citing sources close to the deal.
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Boeing sees AMR bankruptcy as positive long-term

American Airlines' bankruptcy restructuring should make the carrier more profitable and able to purchase more aircraft, the head of Boeing Co's commercial airplane division said on Wednesday.
Herman Cain

Herman Cain Affair: Republican Candidates Talk About His Future

Among Cain's Republican opponents, two -- former Massachusetts Gov. Mitt Romney and U.S. Rep. Ron Paul of Texas -- have been conspicuously absent from the public discussion of his future. But several other candidates have voiced their opinions on whether Ginger White's allegations mean lights out for the Cain campaign:
Job candidates receive information as they enter a Jobs Fair in Miami

Private Sector Adds Most Jobs in Nearly a Year

Private sector job growth accelerated in November as employers created the most jobs in nearly a year, prompting economists to raise their forecasts for Friday's more comprehensive U.S. labor report.
One in five U.S. adult infected with HIV do not know it.

Few in US with HIV Have Virus Under Control

Only 28 percent of the 1.2 million Americans living with HIV have the infection under control, increasing the risk that they will spread the disease to others, U.S. health officials said on Tuesday.
TSX to open up on China move, GDP eyed

TSX to open up on China move, GDP eyed

Toronto's main stock index was set to open higher on Wednesday, extending gains from the previous session after China unexpectedly cut its bank reserve requirement ratio by 50 basis points, and ahead of Canadian growth data.
Teenager Beaten for Suspected Smoking

Obama Administration Appeals Cigarette Warning Ruling

The Obama administration on Tuesday appealed a U.S. judge's ruling and injunction that blocked tobacco companies from having to display graphic images on cigarette packs and advertising, such as a man exhaling smoke through a hole in his throat.
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Wall Street set for big gains after central banks act

Stocks were set to gain more than 2 percent at the open on Wednesday as a coordinated action by major central banks to provide liquidity to the global financial system boosted investors' appetite for risky assets.
Oil sands opponents turn focus to Enbridge project

Oil sands opponents turn focus to Enbridge project

Enbridge Inc's proposed C$5.5 billion ($5.3 billion) pipeline to British Columbia poses a raft of environmental risks, according to a new report that signals the project will become the next battleground over the future of Canada's oil sands.
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Toshiba to close chip plants as demand slides

Toshiba Corp said on Wednesday it would close three of its six discrete chip-making facilities in Japan and also trim output of certain types of chips over the year-end as demand for PCs and TVs slides in Europe and the United States.
Herman Cain

Herman Cain 'Doesn't Sound Like Dropping Out'

Initial signs say that the former Godfather's pizza CEO and Republican presidential hopeful Herman Cain's highly-anticipated next campaign move can be anything except dropping out of the race.
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Stock futures jump after China bank move

Stock index futures rose on Wednesday after China unexpectedly cut its banks' reserve requirements in hopes of boosting an economy running at its weakest pace since 2009.
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Big auditors face being split up, renamed

The world's top four audit firms will have to split up and rename themselves under a draft European Union law to crack down on conflicts of interest and shortcomings highlighted by the financial crisis.
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U.S. Holiday Sales Will Rise 4.2 Percent: IHS

A November note from the Conference Board placed consumer confidence in the U.S. at a four-month high of 56.0, from a low of 40.9 in July. Most startlingly, however, the Consumer Confidence Index (CCI) soared to its largest month-over-month percentage gain since April, 2009 and its largest single points gain since April, 2003.

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