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Video wall displays Intel's logos at the unveiling of its second generation Intel Core processor family during news conference at CES in Las Vegas

Intel Shares Jump on Upbeat Outlook

Intel Corp shares rose nearly 4 percent on Wednesday, the day after the chipmaker forecast an upbeat fourth quarter that underscored its strength in emerging markets, and prompted at least seven brokerages to raise their price target on the stock.
BNY Mellon Sign

Bank of New York Mellon Q3 Earnings Up, Beats Analyst's Call by a Penny

The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.
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Actress Susan Sarandon

Susan Sarandon Calls Pope Benedict a Nazi

Actress and social activist Susan Sarandon reportedly called Pope Benedict XVI a Nazi, during a public discussion at a film festival in New York City. The remark, not unnaturally, has drawn criticism from both Catholic and Jewish groups.
A Spanish flag flutters over the Colon square in central Madrid

Downgrade of Spain Ups Pressure on EU to Act

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.
Will Smith and Jada Pinkett Smith

Will Smith, Jada Pinkett Are Minority Owners of Philadelphia 76ers

Will Smith and his wife Jada Pinkett Smith are among the new group of owners of the Philadelphia 76ers. The new CEO Adam Aron has already announced several changes to ticket pricing that will make it more affordable and a Web site has been launched for soliciting fans' feedback.
Porcelain Raft

CMJ Music Marathon Descends on New York, Grows up

The CMJ Music Marathon kicks off in New York on Tuesday, with 1,300 bands descending on dozens of venues throughout Manhattan and Brooklyn. The dense five-day schedule festival has become an annual ritual for unknown artists hoping to gain a crucial blog post or accolade that will propel them to internet stardom, however brief.
Gilad Shalit release

Gilad Shalit: 5 Things to Know about Israeli's Release

Gilad Shalit was released on Tuesday, after being held captive for five years by Palestinian political group Hamas. After years of protests, failed compromises and international outrage, the Israeli solder was finally reunited with his family.
Actress Bette Midler poses for a portrait during a media day promoting the film ''Then She Found Me'' in New York

Bette Midler to auction iconic stage costumes

Bette Midler's famous mermaid stage costume, the Valentino gown she wore to the 1992 Oscars and a collection of headdresses are all going up for auction in November, Julien's Auctions said on Tuesday.

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