U.S. units of European banks under NY Fed scrutiny: report
The Federal Reserve Bank of New York is intensifying its scrutiny of the U.S. units of Europe's biggest banks amid concerns that Europe's debt crisis could spill into the U.S. banking system, the Wall Street Journal reported citing sources familiar with the matter.
RIM's Blackberry Bold 9900 on T-Mobile to Hit Market
Research In Motion?s Blackberry OS 7 powered Blackberry Bold 9900, T-Mobile?s first 4G-enabled Blackberry, will hit the shelves on Aug. 31 with the carrier already offering pre-orders for its business customers.
Analysis: Jobs, travel, biscuits: cost squeeze at Europe's banks
Closing branches during the summer lull and telling staff to cut back on biscuits and book cheap flights: banks have rarely been battling harder to cut costs -- and even the most minor expenses are coming under fire.
Barcelona 3-2 (5-4) Real Madrid - Match Highlights (VIDEO)
Barcelona secured the Super Cup with a 3-2 win, 5-4 on aggregate, over Real Madrid, after Lionel Messi capped a wonderful display with a late winner.
Merkel and Sarkozy offer no miracle cure for euro
Plans from France and Germany to move toward fiscal union in 2012 got a chilly response from other euro-zone countries and failed to reassure investors worried about the region's debt crisis and weakened economies.
IBM Designs Mind-Powered Chip
The company calls it an ?unprecedented? step in creating intelligent computers.
Growth Worries Hobble Stocks; Swiss Franc Slips
European equities followed Asian stocks lower Thursday as investors fretting about the global growth outlook cut exposure to riskier assets, while the Swiss franc fell on talk the central bank was intervening in the forwards market.
Morgan Stanley Cuts Global Growth Forecasts
The global economy is "dangerously close to a recession," Morgan Stanley said, slashing its growth forecast for 2011 and 2012.
Secret Service Agent Arrested for DWI Before Obama Visit
A U.S. Secret Service Agent was arrested and charged with drunk driving last weekend in Iowa ahead of President Barack Obama's visit.
Growth worries hobble stocks, Swiss franc slips
European equities followed Asian stocks lower on Thursday as investors fretting about the global growth outlook cut exposure to riskier assets, while the Swiss franc fell on talk the central bank was intervening in the forwards market.
LG Elec cuts TV sales target by 20 percent: report
South Korea's LG Electronics Inc has cut its annual television sales forecast by 20 percent, a media report said, joining its Japanese rival Sony Corp in bracing for weaker sales due to uncertain global economic prospects.
Biden tells China cooperation key for global economy
Global economic health rests on the United States and China finding common ground, U.S. Vice President Joe Biden told China's leader-in-waiting, Xi Jinping, in talks aimed at shoring up faith in the dollar.
Daniel Radcliffe's Latest Is 'The Woman in Black'; Watch the Bone-Chilling Trailer
The trailer of Daniel Radcliffe's new movie, "The Woman in Black," promises a spine-chilling story laden with an eerie atmosphere.
China Mobile first-half net profit up 6 percent
China Mobile Ltd, the world's largest mobile operator by subscribers, posted a 6.3 percent rise in net profit for the first six months, logging the fastest half-year growth since 2008 as the carrier tries to attract more high-end 3G users.
London deemed top fashion capital - survey
London has overtaken New York as the world's fashion capital for 2011, fuelled by media interest in late British designer Alexander McQueen and Kate Middleton, according to a survey by the Global Language Monitor.
Rays 4, Red Sox 0
David Price allowed three hits in eight scoreless innings and the Tampa Bay Rays blanked the Boston Red Sox 4-0 at Fenway Park on Wednesday afternoon.
Asian stocks slide, Swiss franc falls
European shares looked set to follow Asia lower on Thursday as investors in that region locked in profits on worries about faltering global demand, while the Swiss franc fell sharply on speculation the Swiss central bank was intervening in the forwards market.
Richard Gere to sell guitar collection at auction
Richard Gere may be best known for his acting career but he is also an accomplished musician who has amassed an extensive guitar collection that will be sold at auction in October, Christie's said on Wednesday.
Gold Will Shrug Off Q2 Demand Dip, Industry Group Says
Gold demand fell in the second quarter but is still expected to rise for the full year as Asian buyers add to holdings and investors shift to it as a safe haven, the World Gold Council said Thursday.
Asian Stocks Fall, Swiss Franc Holds
Asian stocks fell Thursday on profit-taking by nervous investors, while the Swiss franc stayed firm after plans to curb the currency disappointed those looking for more drastic action.
Christine O? Donnell Walks Off 'Piers Morgan Tonight'
Christine O'Donnell walked out of an interview with CNN's Piers Morgan on the "Piers Morgan Tonight" show on Wednesday. The former Delaware U.S. Senate candidate took offense at the host's questions about gay marriage.
HP's CEO needs to convince wary Wall Street
Hewlett-Packard Co must convince Wall Street it can reverse a string of disappointing results, weather a drought in technology spending and deliver growth again when it reports earnings on Thursday.
Violence Prompt Hackers to Expose BART's Police Data (Photos)
The hacking assault on Bay Area Rapid Transit continues as personal data on its police officers, including names, addresses, e-mail and passwords, is revealed. A BART Web site has been taken down after more than 100 officers were victimized.
Drugs, Meth and Tombstones Found in San Bernardino County House
When sheriff's deputies in Southern California raided a suspected drug house they found the expected - guns and methamphetamine. But something else, too: Some two dozen granite tombstones in the backyard.
Lenovo Q1 profit almost doubles, beating estimates
Lenovo Group Ltd, the world's No.3 PC brand, reported a near doubling of its first-quarter net profit, beating expectations due to acquisitions and growth in key emerging markets such as China.
Microsoft/Motorola lawsuit moved to Seattle
Microsoft Corp on Wednesday won a motion to have a patent lawsuit brought against it by Motorola Mobility moved to its preferred federal court in its hometown of Seattle.
Official Says Fed is 'Indifferent' to Political Attacks
The Federal Reserve will do what it feels is best for the economy, regardless of any political heat, a top Fed official said on Wednesday.
David Letterman Receives Death Threat From Militant
Popular talk show host David Letterman received a death threat on an extremist networking site frequented by al Qaeda, a U.S. intelligence monitoring group said on Wednesday.
Madoff trustee adds claims in $2 billion UBS lawsuit
The trustee seeking money for victims of Bernard Madoff's fraud on Wednesday filed an amended $2 billion lawsuit adding new allegations against UBS AG and related defendants.
Australia's Foster's rejects SABMiller bid, again
Australian brewer Foster's rejected a $10 billion offer from rival SABMiller for the second time as shareholders hold out for a better offer from the global brewing giant.
