MF Global trustee seeks to pay out $2.1 billion more
The trustee liquidating MF Global Holdings Ltd's broker-dealer unit asked a federal bankruptcy judge to authorize the distribution of as much as $2.1 billion to about 36,000 former commodities customers, roughly doubling the total payout to $4.1 billion.
Europe struggles with rescue fund, may turn to IMF
Euro zone ministers struggled to ramp up the firepower of their rescue fund and raised the possibility of asking the IMF for more help on Tuesday after Italy's borrowing costs hit a euro lifetime high of nearly 8 percent.
AMR shares halted repeatedly in busiest trading day ever
American Airlines shares were having their busiest day in history on Tuesday after the company's parent filed for bankruptcy, even taking account of 16 mandatory trading halts due to the volatility.
Barney Frank to Retire: Memorable Moments From his Career [VIDEOS]
Rep. Barney Frank announced this week that he would not seek reelection to the House in 2012, ending a career of three decades. Here are a few of the most memorable moments the Massachusetts Democrat leaves us with.
Olympus to review business structure amid scandal
Japan's Olympus Corp has launched a review of its business structure, according to an internal memo, amid speculation the 92-year-old company may have to sell assets in order to survive a massive accounting scandal.
Woman gives birth at airport restroom
A woman gave birth in a restroom at Baltimore's airport after arriving on a flight, an airport spokesman said on Monday.
Adele bares all in candor-filled live album
Do you prefer to think of 2011's top diva, Adele, as a lonely, wounded wallflower, brooding quietly, obsessively, and soulfully over her lost loves? Or as the brassy, ballsy best friend you can't shut up?
AT&T Allowed to Withdraw Merger Application from FCC, Says Report
The Federal Communications Commission will allow AT&T to withdraw its application for merger with T-Mobile USA after the commission originally said it couldn't, a person familiar with the matter told The Wall Street Journal.
Michael Jackson doctor sentenced to 4 years in jail
Michael Jackson's personal physician, Dr. Conrad Murray, on Tuesday was sentenced to four years in jail and denied probation for his conviction on a charge of involuntary manslaughter in the pop star's death.
Anne Hathaway and Adam Shulman Canoodle with Shining Engagement Ring (PHOTOS)
Dark Knight Rises star Anne Hathaway and her beau Adam Shulman were spotted canoodling in the park near their Brooklyn, N.Y., home on Sunday.
Herman Cain Affair: Can he Survive Ginger White's Allegations?
Herman Cain, facing new accusations of a 13-year affair, is reassessing whether to stay in the race for the Republican presidential nomination. With growing evidence against him, can Cain salvage his campaign?
Consumers more hopeful but home prices fall
Americans shook off some of their concerns about the economy this month but a surprise fall in house prices in September underscored the weak foundations of the recovery.
U.S. consumers more hopeful but home prices fall
Americans shook off some of their concerns about the economy this month but a surprise fall in house prices in September underscored the weak foundations of the recovery.
Canadian hockey player gets season's ban in Russia
The Kontinental Hockey League (KHL) banned Vityaz Chekhov's Canadian forward Jeremy Yablonski for the rest of the season on Tuesday, effectively ending his playing career in Russia.
Jennifer Nettles Gets Married to Justin Miller (PHOTOS)
Sugarland's Jennifer Nettles, 37, got married to Justin Miller on Saturday near the Smoky Mountains in Tennesee.
Dow, S&P up for 2nd day but financials a drag
The Dow and S&P 500 advanced for a second day on Tuesday as consumer confidence data was stronger than expected and investors eyed further progress on a solution to Europe's fiscal mess.
Fitch: AAA-rated insurers not hurt by U.S. outlook
The four AAA-rated U.S. insurance companies will not be placed on negative outlook, even though the U.S. sovereign outlook has been cut to negative, Fitch Ratings said on Tuesday.
Cyber Monday sales jump; department stores shine
Cyber Monday online sales jumped to a record, led by department stores and home goods retailers, according to U.S. data released on Tuesday.
Barney Frank Memorable Moments (VIDEOS)
Rep. Barney Frank announced this week that he would not seek reelection to the House in 2012, ending a career of three decades. Here are a few of the most memorable moments the Massachusetts Democrat leaves us with.
S&P may cut France rating outlook: paper
Credit rating agency Standard & Poor's could change its outlook on France's AAA rating to negative within days, a French newspaper reported on Monday, adding to fears France may lose its position among the top rank of sovereign borrowers.
Dow. S&P up for 2nd day but financials a drag
The Dow and S&P 500 advanced for a second day on Tuesday as consumer confidence data was stronger than expected and investors eyed further progress on a solution to Europe's fiscal mess.
KPMG recovers $500 million of MFG client money
MF Global UK administrator KPMG said it had recovered about $500 million of client assets frozen at the defunct broker and planned to make significant returns to customers before the March 2012 claims deadline.
AOL not chasing Yahoo, but still gets top talent: CEO
AOL Inc Chief Executive Tim Armstrong remains committed to keeping the company independent and is not looking at Yahoo's assets even as AOL's larger rivals seek to consolidate.
MasterCard expanding Western Union prepaid program
MasterCard Inc plans to start offering prepaid debit cards at Western Union Co locations outside the United States, expanding an offering only available domestically until now, company executives said on Tuesday.
FINRA fines 8 firms for private placement sales
The Financial Industry Regulatory Authority on Monday sanctioned eight brokerages and ten individuals, and ordered a total of $3.2 million in restitution for selling private placements that ultimately failed.
Fed's Yellen sees scope for further easing
Janet Yellen, the Federal Reserve's influential vice chair, said on Tuesday the U.S. central bank has room to ease monetary policy further, possibly by providing more information on the path of interest rates.
KPMG Recovers $500 Million of MF Global Client Money
MF Global UK administrator KPMG said it had recovered about $500 million of client assets frozen at the defunct broker and planned to make significant returns to customers before the March 2012 claims deadline.
Dow, S&P rise on Europe hopes, strong confidence data
Stocks mostly rose for a second straight day on Tuesday as a rebound in consumer confidence and soothed fears over Europe whetted investors' appetite for risky assets.
Jim Parsons of Big Bang Theory Headed to Broadway
Jim Parson's, best known for winning two Emmys for his portrayal of the borderline obsessive-compulsive genius Sheldon Cooper on 'The Big Bang Theory, is going to Broadway to star in a revival of 'Harvey.'
Cenovus cites research to claim Saskatchewan operation safe
Canada's Cenovus Energy Inc said scientists have confirmed that the carbon dioxide used for oil recovery at its Weyburn unit in Saskatchewan is not linked to carbon dioxide concentrations in the soil at a nearby property.
