PIMCO: Treasuries reflect likelihood of recession
Bill Gross, manager of the world's largest bond fund, said on Friday the decline in Treasury yields to 60-year lows reflect a high probability of recession in the United States.
Wall Street stocks slide as HP's view adds to uncertainty
Stocks fell on Friday as Hewlett-Packard's weaker outlook and corporate shakeup added to the uncertainty for investors.
Analysis: The billion dollar fine that may never hit Slim
Mexican tycoon Carlos Slim's America Movil seems set to dodge a record billion-dollar fine for alleged anti-competitive behavior -- at least for now.
Climate Change Forces Plants, Animals to Migrate From Habitat
Animals and plants have adapted to global warming by moving regions up to three times faster than previously thought by scientists, a report showed.
Cadillac Ciel Honors Carmaker’s Past
Cadillac on Friday unveiled the Ciel concept, an open-air grand-touring car inspired by the natural beauty of the California coast.
U.S. court gives women deadlines to pursue Wal-Mart claims
Women who were part of a massive class action lawsuit against Wal-Mart will have until the end of October to file individual lawsuits against the company, a U.S. judge ruled.
BofA cutting 3,500 jobs this quarter: memo
Bank of America Corp plans to cut 3,500 jobs in the next few weeks as CEO Brian Moynihan tries to come to grips with the bank's $1 trillion pile of problem home mortgages.
PIMCO: Treasury market reflects likelihood of recession
Bill Gross, manager of the world's largest bond fund, said on Friday the rally in Treasury yields to 60-year lows reflect a high probability of recession in the United States.
Fed's Pianalto: years to lower unemployment
The economy is growing so slowly that it will take years to wrench lofty unemployment rates back to normal levels, Cleveland Federal Reserve Bank President Sandra Pianalto said on Friday.
Prince William and Kate Middleton Visit UK Riot-Hit Areas After Other Royals [PHOTOS]
Britain's Prince William and Kate Middleton the Duchess of Cambridge paid a visit to the Summerfield Community Centre, in the Winson Green area of Birmingham on Friday. The royal couple toured areas affected by recent violent disturbances in Birmingham.
Oil Prices Drop on Fear of Unknowns
Leadership is what America desperately needs because investors are trading more on fear instead of on facts.
Everyone Should Get a Flu Vaccine this Year: CDC
The Centers for Disease Control and Prevention said that everyone six month of age of older should receive flu vaccinations this year. The CDC also said that flu strains are the same as last year's.
Wall Street flat, energy companies gain on oil
Stocks were little changed on Friday, but commodity-related shares rose on energy and gold prices, while Hewlett-Packard dragged on the Dow industrials.
Police payment emails growing worry for Murdoch executives
Executives at Rupert Murdoch's UK-based News International are concerned that emails discussing questionable payments made to police by the News of the World may prove more problematic than those that discuss phone hacking, sources familiar with investigations into the shuttered tabloid's reporting practices said.
New Boeing freighter clears regulatory hurdle
Boeing Co said its new, larger 747-8 freighter jet won the approval of U.S. and European safety regulators, clearing the way for the new aircraft to go into service.
Tanzania suspends officials over wildlife smuggling
Tanzania has suspended its director of wildlife and two other officials over the illegal export of more than 100 live animals and birds from the east African nation's game parks, a government minister said.
S.Africa mine union rejects revised Implats offer
South Africa's National Union of Mineworkers members at Impala Platinum on Friday rejected a revised pay rise offer from the world's second largest producer of the precious metal and will refer the dispute to arbitration.
Somaliland in port deal with China businessmen
Somaliland has struck a deal with Chinese businessmen to extend its Berbera port as well as TO build a refinery and new roads in the breakaway northern enclave, its president said.
China's demand for W. African crude jumps -trade
China's buying of West African crude oil is set to rise about 15 percent in September from August, trade sources said on Friday, but overall Asian imports from West Africa will fall due to slower Indian demand.
Morocco's inflation jumps above f'cast in July
Inflation in Morocco jumped to 1.8 percent in July from a year earlier, exceeding the average forecast for 2011 for the first time this year, due mainly to a surge in food prices, the state High Planning Commission (HCP) said on Friday.
Apple's iPad 3 Coming Early 2012 With Retina Display
Apple's upcoming iPad 3 is reportedly beginning its trial production by October, aimed for an early 2012 launch.Sources familiar with the situation told the Wall Street Journal that Apple has ordered chips, display panels and other key components for the iPad 3. small quantities of components have been shipped for the tablet's sampling.
Kazakhstan blocks extremist foreign Internet sites
A court in Kazakhstan ruled on Friday to block access to 13 foreign Internet sites, including the popular blogging service LiveJournal, saying they were propagating terrorism and inciting religious hatred.
Amplats ups offer in S.Africa platinum pay talks
South Africa's National Union of Mineworkers said Anglo American Platinum (Amplats), the world's largest platinum producer, again raised its wage offer on Friday, trying to head off a strike that could cause a jump in global prices of the precious metal.
Autonomy/HP deal spotlights data deluge
Hopes Hewlett-Packard's $11.7 billion bid for Autonomy will be the first of many in the European software industry could be misplaced because Autonomy has an appeal that others cannot match.
Hedge fund Cairn sees France, Germany downgrades
France's top AAA credit rating is likely to be downgraded and Germany could easily follow as the costs of bailing out weaker euro zone economies push up their own debt piles, says credit hedge fund firm Cairn Capital's chief investment strategist.
Wall St flat, energy companies gain on oil
Stocks were little changed on Friday, but commodity-related shares rose on energy and gold prices, while Hewlett-Packard dragged on the Dow industrials.
S.Africa's ANC charges Malema with sowing discord
South Africa's ruling African National Congress on Friday charged controversial youth leader Julius Malema with sowing divisions in its ranks and bringing the party into disrepute.
U.S. oil speculative data released by Senator, sparking ire
Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
HP’s Stock Tanks, Touchpad/WebOS Decision Shredded by Analysts
The company's stock is in the tank as it deals with the aftermath of its controversial decision.
European software stocks leap on HP's Autonomy bid
Shares in European software makers jumped in a falling market on Friday on hopes they were more likely bid targets after Hewlett-Packard's $11.7 billion bid for British enterprise search-software maker Autonomy.