Greek Premier Gets Cabinet to Back Referendum, Faces Grilling by Europeans
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his Cabinet Wednesday to push ahead with a speedy referendum on the European debt bailout deal.
Greek PM convinces cabinet, next up Merkel and Sarkozy
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.
‘Breaking Dawn’ Sex Wasn’t Overdone, Director Says
Bill Condon, the director behind The Twilight Saga: Breaking Dawn - Part 1, told MTV.com Monday that the sex scene between Kristen Stewart and Robert Pattinson has more to do with love than lust, which made it easier to get a PG-13 rating from the Motion Picture Association of America.
Atmel sees weak sales to iPad rivals in Q4, shares fall
Chipmaker Atmel Corp forecast dismal fourth-quarter sales and margins, mostly on lower sales of touchscreen controllers to iPad rivals grappling with higher inventories and a weak global economy.
Analysis: Groupon IPO to test nascent private stock markets
Groupon Inc's IPO may be the biggest test yet for the nascent private stock exchanges that allow investors to trade the shares of hot start-ups like Facebook Inc before they go public.
'Minecraft' Coming To Xbox 360 (VIDEO)
The hit indie game 'Minecraft' is coming to Xbox 360 and will be playable at MineCon.
OPD Confused by Mayor Quan: Where is the Occupy Revolution Headed?
This Tuesday afternoon, the Oakland Police Officers' Association stated in an open letter to the citizens of Oakland that they are confused by Quan's Administration and its orders. At a time like this, why is Jean Quan appearing to waver on her support for the Occupy movement?
U.S. sues Allied Home Mortgage for lending fraud
Prosecutors sued a large U.S. mortgage broker and two top executives for an alleged decade-long fraud that cost the government hundreds of millions of dollars on risky home loans.
Greek PM defies anger to defend referendum plan
Greek Prime Minister George Papandreou said on Wednesday he would push ahead with a referendum on an EU bailout deal, defying demands from lawmakers of his own party that he quit for jeopardizing Greek membership of the euro.
‘Batman: Arkham City’ Writer Talks About Hopes for Next Game
Paul Dini was a major force behind Batman: The Animated Series, Justice League and the new game Batman: Arkham City. In a recent interview, He talked about the character he wants to take on in his next game.
Samsung to Introduce Phones with Flexible Screens
By 2012, Samsung announced that they may be unleashing mobile devices with pliable screens.
Most of $19.9 billion Madoff case vs JPMorgan tossed
A federal judge threw out most of a $19.9 billion lawsuit against JPMorgan Chase & Co and a $2 billion case against UBS AG by the trustee seeking money for victims of epic swindler Bernard Madoff's fraud.
Fiserv Q3 profit beats estimates
Fiserv Inc, which provides IT services and systems to the financial sector, posted a quarterly profit that beat market expectations on higher processing and services revenue, and raised its 2011 earnings outlook.
WikiLeaks' Assange to learn UK extradition fate
A London court will rule on Wednesday whether WikiLeaks' founder Julian Assange, who angered the government by publishing thousands of secret diplomatic memos, can be extradited from Britain to Sweden for questioning over alleged sexual crimes.
Commodity trading chill lifts, MF Global angst remains
Commodity trading slowly returned to normal on Tuesday as MF Global resumed selling off client positions, although new revelations about missing money sent chills through the markets.
JDS Uniphase Q1 beats estimates, shares up
JDS Uniphase Corp's quarterly results beat analysts' estimates, helped by increase in sales of its optical products, sending its shares up as much as 10 percent in heavy trade after the bell.
Avon's Cramb gave Citi bribery probe info: source
A regulatory investigation into Avon Products Inc was triggered by the cosmetics company's vice chairman sharing material information about a China bribery investigation with a Citigroup analyst, a person familiar with the matter said on Tuesday.
Analysis: Wild market may send investors home early in 2011
So much for euphoria.Having soared just days ago on a pledge by European leaders to prop up euro zone banks and stem the spread of a festering debt crisis, world stock markets and the euro came crashing back to earth this week as Greece's government hovered near collapse.
JPMorgan, UBS AG win dismissal in Madoff case
JPMorgan Chase & Co and UBS AG won dismissal of dozens of claims made against the banks by the trustee seeking money for victims of epic swindler Bernard Madoff's fraud.
Allied Home Mortgage sued for lending fraud
Prosecutors sued Allied Home Mortgage Capital Corp and two top executives for at least $2.5 billion, accusing the company of a decade-long fraud in which it misled the government into believing its risky loans qualified for federal insurance.
Under pressure, Bank of America drops $5 debit card fee
Bank of America Corp reversed course on Tuesday and scrapped plans to charge a $5 per-month debit fee, handing a victory to consumers and protesters angry with big banks.
AIG makes $972 million TARP repayment to Treasury
The Treasury Department received a $972 million repayment from American International Group , funded by proceeds from the sale of AIG'S American Life Insurance Co. subsidiary last November, Treasury said on Tuesday.
Sarkozy, Merkel to meet Greeks on Wednesday
French President Nicolas Sarkozy and German Chancellor Angela Merkel will hold an emergency meeting with Greece on Wednesday to push for a quick implementation of Athens' bailout deal, the only solution to its debt crisis, Sarkozy said on Tuesday.
October auto sales up, but concerns deepen
Auto sales rose in October due to pent-up demand for cars and trucks although the gains failed to offset concerns that financial crisis in Europe could derail the industry's slow recovery.
Analysis: Greek referendum spooks investors, may chill economy
Greece's shock referendum spells at least 10 more weeks of deep freeze for global investment and that hiatus may be enough to tip the world economy back into recession this winter.
Groupon IPO to test nascent private stock markets
Groupon Inc's IPO may be the biggest test yet for the nascent private stock exchanges that allow investors to trade the shares of hot start-ups like Facebook Inc before they go public.
Bank of America Debit Card Decision Means Little to Some Customers
Although Bank of America will drop its $5 monthly fee on debit card use that was expected to begin next year, some people have called the move a day late and a dollar short.
Microsoft software bug linked to 'Duqu' virus
Microsoft Corp said hackers exploited a previously unknown bug in its Windows operating system to infect computers with the Duqu virus, which some security experts say could be the next big cyber threat.
Switch to Pills Could Save Hospitals Millions
Certain drugs are effective in cheaper pill form than as IVs, researchers said.
UK, U.S. talk tough on web freedom at cyber talks
Britain and the United States strongly rejected calls from China and Russia for greater Internet controls on Tuesday at a major conference on the future of cyberspace, although Western states too faced accusations of double standards.