HP's board considers jettisoning CEO: report
Hewlett-Packard Co's board is considering ousting Chief Executive Officer Leo Apotheker after less than a year on the job and replacing him temporarily with former eBay CEO Meg Whitman, Bloomberg reported, citing two sources familiar with the matter.
Increased Teen Exercise Helps Kick Smoking Habit, Improves Memory
Teenage smokers may have better luck quitting if physical activity is added to a traditional cessation program, says researchers at the West Virginia University concluded in a study released Monday.
Greece sharpens austerity to secure more funds
Greece adopted yet more austerity measures on Wednesday to secure a bailout installment crucial to avoid running out of money next month, as the IMF warned that Europe's sovereign debt crisis risks tearing a giant hole in banks' capital.
Appeals court revives lawsuit vs homebuilders
A federal appeals court revived on Wednesday a lawsuit by homeowners who accused several major U.S. homebuilders of causing them harm by marketing neighboring homes to people at high risk of foreclosure.
Wall Street trims bets ahead of Fed statement
Stocks slipped on Wednesday as cautious investors were skeptical that the Federal Reserve would offer any positive surpises with actions to further stimulate the faltering economy.
Hacking Scandal Sinks DigiNotar
DigiNotar is bankrupt after getting hacked.
Holiday retail sales seen tepid
Retailers may face more moderate sales gains this holiday season as persistently high unemployment and higher gas and grocery prices prompt shoppers to think twice about spending.
August existing home sales up but outlook still grim
Existing home sales rose more than expected in August to their highest level in five months as falling prices and low interest rates drew more buyers into a still moribund market.
Holiday retail sales expected to be tepid
Retailers may face more moderate sales gains this holiday season as persistently high unemployment and higher gas and grocery prices prompt shoppers to think twice about spending.
Greece to impose new austerity steps: sources
Greece's government will cut pensions, extend a property tax hike and put tens of thousands of public workers on notice as part of a deal to continue receiving aid funding from its international lenders, government officials said on Wednesday.
Recession risk mounts for developed markets: Roubini
Fallout from the euro zone debt crisis and U.S. fiscal problems mean developed economies are more likely to contract than recover in coming months, economist Nouriel Roubini said on Wednesday.
Schmidt confident regulators will clear Google
Google Inc is confident that U.S. antitrust regulators will clear the search giant of any wrongdoing, Executive Chairman Eric Schmidt will tell a congressional panel on Wednesday.
General Mills profit beats, affirms 2012 view
General Mills Inc reported a better-than-expected quarterly profit on Wednesday, as price increases helped it contend with the much higher ingredient and fuel costs that ate into its margins.
Fed looks set to ease policy as outlook dims
The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering economic recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
SABMiller seals $10.2 billion Foster's with a beer
Brewing giant SABMiller agreed to buy Foster's Group for a sweetened price of A$9.9 billion ($10.2 billion) on Wednesday after talks between the two last week ended in a couple of beers which sealed the deal this week.
Wall St slips ahead of Fed policy statement
Stocks drifted lower on Wednesday as investors were reluctant to place bets ahead of a U.S. Federal Reserve announcement that is expected to present some action to speed up a lagging recovery.
Obama to meet Palestinian leader amid U.N. crisis
President Barack Obama will meet Palestinian President Mahmoud Abbas on Wednesday to urge him to drop plans to ask the U.N. Security Council to recognize a Palestinian state despite U.S. and Israeli objections.
Europe Crisis Raises Banks Risk by $410 Billion: IMF
Europe's debt crisis has increased the risk exposure of banks in the region by 300 billion euros ($410 billion) and they need to recapitalize to ensure they can weather potential losses, the International Monetary Fund said on Wednesday.
Wall Street set to open flat ahead of Fed statement
Wall Street was set to open little changed on Wednesday as investors cautiously awaited the outcome from the Federal Reserve's policy-setting meeting that is likely to include new measures to boost the economy.
Same-Sex Squids: Tales of Secret Bisexual Life in Dark Deep-Sea
An 18-year study of a deep-sea squid or Octopoteuthis deletron, a 5-inch long tentacled creature that dwells a depth of 400 to 800m, found that males attempt to mate with any deep sea squid it comes across, whether its a male or female.
General Mills profit slips
General Mills Inc reported a lower quarterly profit on Wednesday, as the food company was hit by higher ingredient and fuel costs.
Struggling Saab wins reprieve
Struggling car maker Saab gained fresh breathing room in its fight for survival on Wednesday when it won a court appeal to be granted protection from creditors while it awaits Chinese investment.
'Occupy Wall Street' Calls For Protests in San Francisco
While the turnout was much smaller than the number anticipated to participate, Occupy Wall Street, a leaderless resistance movement, is now calling those in Northern California to participate in the growing occupation in San Francisco, now that the financial district in lower Manhattan is being disrupted by fervent protesters.
UBS CEO Gruebel says has board's backing
UBS chief executive Oswald Gruebel said he had the support of the Swiss bank's board ahead of its first meeting since announcing rogue trading had cost it $2.3 billion, news that promoted calls for tougher regulation of investment banks.
Wall Street flat ahead of Fed statement
Stocks were little changed on Wednesday as cautious investors awaited the Federal Reserve's statement on monetary policy that is expected to include measures to support the economy.
Exclusive: Netflix, Discovery in new streaming deal: sources
Netflix Inc and Discovery Communications Inc have reached an agreement to bring episodes of popular TV adventure shows including Man vs. Wild and River Monsters to the streaming service, according to people close to the deal.
Analysis: Saudi media bypass stricter rules after Arab Spring
Saudi Arabian bloggers and journalists say the arch-conservative Islamic kingdom will find it hard to douse glimmers of more open reporting despite a tightening of media rules after the spread of popular revolts through the Arab world.
Nationality Up in the Air After Mid-Flight Birth
A baby was born 30,000 feet in the air after a woman gives birth aboard a San Francisco bound flight from the Philippines.
Existing home sales jump 7.7 percent in August
Existing home sales rose more than expected in August to the fastest annual pace since March as falling prices and low interest rates drew more buyers into the market, the National Association of Realtors said.
Greece to tighten austerity as IMF warns on banks
Greece was set to outline more austerity measures on Wednesday to secure a bailout installment crucial to avoid running out of money next month, as the IMF warned that Europe's sovereign debt crisis risks tearing a giant hole in banks' capital.