Japan sharpens verbal warning vs yen spike
Japan sharpened its warning to currency markets on Thursday in the wake of the yen's rise near record highs against the dollar, keeping markets jittery about the possibility of a second round of intervention.
Caution marks mobile device market in H2: Gartner
Uncertainty in global financial markets will likely take its toll on the market for mobile devices in the second half as growth slows in Western Europe, according to research firm Gartner.
SocGen stock bounces back as CEO reassures
Societe Generale's battered shares recovered some ground on Thursday as the French bank's boss vehemently rejected rumors that questioned its financial solidity.
Anonymous to 'Kill' Facebook, Claims the Site Misuses Privacy
Members of the infamous hacking group Anonymous have put across a message in YouTube, through a video called ?Operation Facebook,? hinting to ?kill? Facebook on Nov. 5.
Statue of Liberty to Close For a Year
The Statue of Liberty will close for a year for renovations to make its interior safer and more accessible, said officials.
SocGen stock up in Frankfurt after CEO reassures
French bank Societe Generale's shares traded in Frankfurt recovered ground on Thursday after the bank's CEO sought to reassure investors that rumors that wiped 15 percent off its stock were unfounded.
U.S. stock futures rise helps pare Asia losses
U.S. stock futures rose 1 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian share markets, though the focus was shifting to how Europe reacts to a sovereign debt crisis that is now threatening its banking system.
Stock futures rise, though Europe risks loom
U.S. stock futures rose 2 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian shares, though sustained gains depended on how Europe reacts to a sovereign debt crisis that is threatening its banking system.
SocGen stock rises after CEO reassures
Societe Generale shares traded in Frankfurt recovered some ground early on Thursday after the bank's head sought to reassure investors that a host of rumors that wiped 15 percent off its stock were unfounded.
Law Grads Sue School for Millions Over Employment and Salary Statistics ?Fraud?
Law graduates from two of the country's biggest schools filed class action suits against their alma maters alleging that the schools were inflating employment and salary statistics to lure students.
Intel expects Ultrabook PCs priced below $999 in Q4
Top chipmaker Intel Corp said computer makers Lenovo, Asustek and Acer will launch its new category of notebook computer in the third to fourth quarter, and expects to see their prices below $999 in the fourth quarter.
BofA talks to Gulf funds to cut $17 billion CCB stake: sources
Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its $17 billion stake in China Construction Bank <0939.HK>, three sources with direct knowledge of the talks told Reuters.
Sony, LG Elec settle bitter patent dispute
LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.
Gold eases from record high after CME margin hike
Gold eased on Thursday from record highs struck earlier in the session after the CME Group raised margins on COMEX gold futures, but turmoil in the global financial markets and fears of slower growth will buoy sentiment.
Cairn set to tie up India deal in September - source
British oil explorer Cairn Energy expects to finalise a long-awaited deal to sell control of its Indian business by mid-September, bringing to conclusion a process that has dragged on for almost a year.
June industrial output seen at 5.5 pct
India's annual industrial output growth probably slipped further in June to 5.5 percent from a nine-month low of 5.6 percent in May, indicating taut monetary policy and soaring inflation were hindering growth momentum, the median forecast in a Reuters poll showed.
Deere probed for possible violations of anti-bribery law: report
The U.S. securities regulator is probing farm machine maker Deere & Co for possible violations of a law that bars American companies from bribing foreign officials, the Wall Street Journal said citing two people familiar with the matter.
Sony, LG Electronics settle bitter patent dispute
LG Electronics and Sony said on Thursday that they have resolved patent disputes between the two firms spanning smartphones, TVs and Blu-ray technology, with LG adding that they have signed a cross-licensing deal.
Texas Executes Gang Member, Ninth Person Executed this Year
Texas prison officials on Wednesday executed convicted killer Martin Robles for the shooting deaths of two young men nearly nine years ago who belonged to a rival street gang in Corpus Christi.
Japan Earthquake Shook Earth's Upper Atmosphere
The magnitute 9 Tohoku Earthquake, which released a giant tsunami on Japan's coastal land, rattled the ionosphere, and almost reached out to space. The ionosphere is one of the highest layers of the atmosphere, and ripples were created in electrically charged particles created nearly 220 miles above Earth.
S&P controversy fuels demands for ratings reforms
Concerns about S&P's downgrading of the U.S. credit rating and the resulting global stock sell-off are sparking urgent calls for investigations and reinvigorating ongoing efforts to reform the ratings agencies, which have been under fire since the Enron scandal of 2001.
Rupert Murdoch endorses Carey as next in line
Rupert Murdoch acknowledged for the first time publicly that his son James is not the preferred choice to succeed him as News Corp CEO, at least in the near-term.
FCC lays out plan for texting 9-1-1 messages
Consumers will be able to text and send multimedia messages to 9-1-1 emergency call centers under a new plan from the top communications regulator.
Analysis: U.S. mail aims to stamp out loss, deliver digital future
The U.S. Postal Service has its eye on a digital future, if it can get through its present financial straits.
Most Americans say U.S. on wrong track: Reuters/Ipsos poll
Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said Wednesday.
BofA negotiates to sell big China bank stake: sources
Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its stake in China Construction Bank <0939.HK>, sources with direct knowledge of the talks told Reuters.
Japan Earthquake Generated Waves in Higher Atmosphere
The Tohoku quake off of coastal Japan that spawned a tsunami and wreaked havoc on land also triggered waves all the way up to the ionosphere, one of the highest layers of the atmosphere, creating ripples in electrically charged particles nearly 220 miles above Earth.
Banks drag Wall Street lower, fear returns
Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.
News Corp profit down as movies offset cable
News Corp reported a lower quarterly profit on Wednesday as weaker box office and DVD sales offset a strong performance by its cable and television business.
Twin Peaks: Foggy San Francisco and Colorful Hillside Houses
A must-visit spot on every tourist's list of places to visit while in San Francisco is Twin Peaks.