Friendly Canadian banter gives Hearn a Waialae boost
Canada's David Hearn responded in the best possible way to some good-natured banter from his compatriots by charging up the second-round leaderboard at the Sony Open in Hawaii on Friday.
Wahlberg eyes potential Bulger meeting, project
Actor Mark Wahlberg wants to have a jailhouse chat with James Whitey Bulger and would be interested in pursuing a project about the purported Boston mob boss accused of 19 murders.
Three die amid panic as cruise ship wrecked in Italy
Passengers leapt into the sea and fought over lifejackets in panic when an Italian cruise ship ran aground and keeled over, killing at least three and leaving dozens missing.
White House casts doubt over anti-piracy legislation
White House officials raised concerns on Saturday about online piracy legislation pending in Congress that Google and Facebook have decried as heavy-handed and Hollywood studios and music labels say is needed to save U.S. jobs.
PepsiCo says finds trace fungicide in orange juice
PepsiCo Inc said company tests of its Tropicana orange juice showed low levels of a potentially dangerous fungicide, but levels were below federal safety concerns and did not pose a health risk.
White House criticizes online piracy legislation
White House officials raised concerns on Saturday about online piracy legislation in the works in Congress that top technology companies have decried as heavy-handed, saying a lighter touch would be better.
Merkel vows faster eurozone reform after S&P downgrades
European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries' creditworthiness.
France rating could go lower, but no euro zone break up: S&P
France risks another downgrade of its sovereign credit rating if its public debt and budget deficit deteriorate further, Standard & Poor's said on Saturday, a day after it cut the country's top-notch AAA rating by one notch to AA+.
Venture capitalists, startups hope to hit Sin City jackpot
Former NFL player Jeremy Bloom anxiously scanned the crowd at a taco party under the luminous faux-sky of the Venetian hotel's canal walk in Las Vegas. The wide receiver turned entrepreneur wasn't hoping to spot friends or catch a waiter's attention -- he was on the lookout for venture capitalists.
VCs, startups hope to hit Sin City jackpot
Former NFL player Jeremy Bloom anxiously scanned the crowd at a taco party under the luminous faux-sky of the Venetian hotel's canal walk in Las Vegas. The wide receiver turned entrepreneur wasn't hoping to spot friends or catch a waiter's attention -- he was on the lookout for venture capitalists.
It's earnings versus Europe for stocks
Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
France's President Nicolas Sarkozy to Bet on Growth Reforms as AAA Slips Away
France's credit-rating cut dominated the country's newspapers on Saturday, with the left-leaning Liberation blazing below a front-page headline reading S_RKOZY that the president had lost an A.
Sarkozy to bet on growth reforms as AAA slips away
The loss of France's much-prized triple-A credit rating three months from elections that will likely hinge on the handling of the economy is a bitter blow for French President Nicolas Sarkozy, who had made the top-notch grade a badge of honor.
Europe must move quickly after downgrades: Merkel
Ratings downgrades in the euro zone by S&P underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.
JPMorgan could lose $5 billion from PIIGS exposure: report
JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
Europe Must Move Quickly in the Wake of S&P Downgrades: Merkel
Credit-rating downgrades in the Eurozone by Standard & Poor's underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.
Indian Hackers Offer Help to American Suing Symantec Corp.
A group of Indian hackers has offered support to an American man who filed a lawsuit against the Symantec Corp. by publishing source code from a 2006 version of Norton Utilities, a software program at the heart of the legal dispute.
Indian hackers offer help to man suing Symantec
A group of Indian hackers has offered support to an American man who filed a lawsuit against Symantec Corp by publishing source code from a 2006 version of Norton Utilities, a software program at the heart of the legal dispute.
S&P downgrades nine euro zone countries
Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.
Wall Street Week Ahead: It's earnings versus Europe for stocks
Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
Rating of Europe's bailout fund rests on Germany: S&P
The top credit rating of Europe's bailout fund depends on additional financial backing from Germany and the other three remaining AAA-rated euro zone countries, Standard & Poor's said on Friday.
Bank of America, Goldman results likely to beat: StarMine
Bank of America , Goldman Sachs and Citigroup could be among companies that beat estimates when they report next week, Thomson Reuters StarMine forecasts show.
Mass S&P downgrade as Greek debt impasse hit euro zone
Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.
Mass S&P downgrade, Greek debt impasse hit euro zone
Standard & Poor's downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.
Exclusive: Banker in Olympus scandal steps into public view
A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.
Sempra reborn as Freepoint Commodities, luring bankers back
Sempra, the commodity trading powerhouse that boasted a decade-long profit streak before it was sold four years ago, is being reborn.
Banker in Olympus scandal steps into public view
A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.
Business group contests Obama labor appointments
In the first legal challenge to last week's recess appointments by the Obama administration, a lobbying group for small businesses said on Friday it is contesting the naming of three members to the National Labor Relations Board.
Claimants challenge holdback in BP oil spill case
In a flurry of court filings this week, lawyers for claimants before the $20 billion BP oil spill fund asked a federal judge to reconsider his December order requiring that six percent of future settlements be placed in a reserve account.
BofA told Fed it could sell branches in emergency: source
Bank of America Corp told Federal Reserve officials in June that it could shed branches in some parts of the country if it needed to raise capital in an emergency, a person familiar with the matter said.