American clients of UBS AG were formally warned by the bank that their undeclared income in Switzerland may be revealed to U.S. tax authorities, according to a letter obtained by Reuters on Friday.
Former American Idol judge, Paula Abdul, mocked talk show host Ellen DeGeneres on VH1's show Divas Thursday night amid news that DeGeneres is her replacement on Idol.
Arena Pharmaceuticals Inc's obesity drug disappointed investors in a second big clinical trial, sending shares plunging 33 percent on Friday from their highs on Thursday night.
The stars have aligned for gold prices, leaving them just a short hop from record highs, but as bullion bugs celebrate, the rally appears to have flaws.
President Barack Obama pitched his U.S. healthcare reforms to college students on Thursday and Senate Democrats searched for common ground after some criticized elements of a highly anticipated new plan.
Unemployment in this small U.S. town has quadrupled in the past 16 months, but worse is to come as thousands of unemployed workers run out of severance money and benefits.
The U.S. Federal Reserve is close to proposing wide-ranging rules on bankers' pay that would apply to any employee able to take risks that could threaten the safety and soundness of the institution, a Fed source said on Friday.
Pay policies for bank employees across the United States would require approval from the U.S. Federal Reserve as part of a proposal to curb risk-taking at financial institutions, The Wall Street Journal reported, citing people familiar with the matter.
Mazda Motor Corp said it would begin selling the Mazda2 hatchback in the United States towards the end of 2010, getting a late start in a segment that has held up relatively well as consumers seek cheaper and smaller cars.
Arena Pharmaceuticals Inc said its experimental obesity drug, lorcaserin, met the goals of a second late-stage study, but its shares dropped more than 15 percent as the results fell short of a U.S. Food and Drug Administration guideline.
Arena Pharmaceuticals Inc said its experimental obesity drug, lorcaserin, met the goals of a second late-stage study, but its shares dropped more than 15 percent as the results fell short of a U.S. Food and Drug Administration guideline.
Sometime in the next six years, astronauts bound for the International Space Station may find themselves strapped inside a private commercial spacecraft known as Dragon.
Japan's new prime minister ordered the cabinet on Friday to root out wasteful projects in a $154 billion extra budget crafted by his predecessor, but his deputy stressed the aim was to redirect stimulus spending, not cut it.
Global revenues from climate-related businesses such as energy efficiency rose by 75 percent in 2008 to $530 billion and could exceed $2 trillion by 2020, HSBC Global Research estimated on Friday.
NATO proposed a new era of cooperation with the United States and Russia on Friday, calling for joint work on missile defense systems after Washington scrapped a planned anti-missile system.
North Korean leader Kim Jong-il told a visiting Chinese envoy he will work to end his country's nuclear arms program through multilateral talks in an apparent breakthrough, but similar vows in the past have not been met with action.
The climate change bill approved by the U.S. House of Representatives would reduce the gross domestic product of the United States by as much as 3.5 percent in 2050, the Congressional Budget Office estimates.
Mazda Motor Corp (7261.T) said it would begin selling the Mazda2 hatchback in the United States toward the end of 2010, getting a late start in a segment that has held up relatively well as consumers seek cheaper and smaller cars.
Toyota Motor Co (7203.T) will not raise prices on the new version of its 4Runner sport- utility vehicle in a bid to shore up sputtering sales of the vehicle, dealers briefed on the plan this week said.
Pay policies for bank employees across the United States would require approval from the U.S. Federal Reserve as part of a proposal to curb risk-taking at financial institutions, The Wall Street Journal reported, citing people familiar with the matter.
Fed Takes Role on Pay; Citi Draws a Line; Airbus Sees Tough Years
The classic series M*A*S*H, the hit movie comedy Tootsie and the Tony-winning play A Funny Thing Happened on the Way to the Forum are part of the enduring legacy that writer Larry Gelbart left behind when he died September 11 at age 81. But there also are the memories of those he inspired and made laugh.
