Fed prepared to respond if economy worsens: Bernanke
Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, hinting policymakers were actively mulling further stimulus.
SAP attacks $1.3 billion Oracle verdict at hearing
Oracle Corp and SAP AG have not had any settlement talks since a $1.3 billion verdict against SAP last November, an attorney for Oracle said in court.
As copper soars, thieves extract a price
When thieves ransacked eight air conditioners in an apartment complex in the city of Mobile, Alabama, the culprits made off with $800 worth of scrap metal and left residents with $38,000 worth of damages.
Highlights: Bernanke's semi-annual testimony to House panel
The following are highlights of Federal Reserve Chairman Ben Bernanke's prepared remarks on Wednesday to the House of Representatives Financial Services Committee as part of his semi-annual testimony on the U.S. economy and monetary policy.
Wall Street rises on Bernanke policy comments
Wall Street stocks rebounded from a three-day selloff on Wednesday as comments from Federal Reserve Chairman Ben Bernanke raised hopes for further stimulus of the U.S. economy if needed.
Instant view: Bernanke says more policy support possible
Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, suggesting policymakers are actively mulling further stimulus.
Mila Kunis Has Heterochromia: Two Eye Colors
Mila Kunis, star of Friends with Benefits and Marine Corps date, has a genetic mutation of sorts called Heterochromia. The actress has one brown eye, and one greenish hazel eye.Heterochromia simply refers to a difference in color in the iris. It's the result of a lack of melanin in one eye, hypoplasia. This can be caused by genetics, or damage to the eye. And although it's uncommon in humans, it's relatively common in dogs.Mila Kunis has accepted an offer to attend a M...
U.S. Women's Team Advance to World Cup Finals
The United States beat France 3 to 1 in the Women's World Cup semifinals on Wednesday in Germany.
BSkyB says confident in independent future
Pay-TV operator BSkyB said it remained confident in its future as a standalone company after major shareholder News Corp dropped its bid for the 61 percent of the company it did not already own.
Mila Kunis Sizzles in Hot GQ Cover [PICTURES]
Mila Kunis has accepted an offer to attend a Marine Corps Ball with Sgt. Scott Moore in November. The actress accepted the invitation as she was doing press for her upcoming comedy, Friends with Benefits, co-starring Justin Timberlake.In an attempt to get the 27-year-old's attention, Moore set up a YouTube page and filmed a short video with a personal invitation to Kunis. The video has been viewed over 200,000 times with comments ranging from, Hope she says yes! Good Luck! to ...
Legal head of News International leaves company -source
Tom Crone, the legal manager at Rupert Murdoch's UK newspaper arm, which is fighting widespread hacking allegations, has left the company, a source familiar with the situation told Reuters on Wednesday.
Bernanke says Fed ready to ease if economy flags
Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank is ready to ease monetary policy further if the economy weakens and inflation moves lower, suggesting policymakers are actively mulling further stimulus.
Exclusive: China Telecom plans iPhone launch year-end
China Telecom Corp Ltd plans to offer its 106 million subscribers the Apple Inc iPhone by the end of 2011, sources said on Wednesday, which would make it the second operator to do so in the world's largest mobile phone market.
Netflix Price Hike: Forcing the Consumers’ Hand
Netflix has raised its prices and essentially forced consumers to either choose DVD or streaming.
Fresh blow for Nokia as NSN stake sale abandoned
Struggling Nokia suffered a fresh blow on Wednesday when it abandoned plans to sell a stake in its network gear venture with Siemens .
UK spies losing Web experts to private sector: report
British intelligence eavesdroppers are suffering a steady loss of Internet experts to the private sector because the likes of Google and Microsoft offer much higher wages, a group of lawmakers said on Wednesday.
Who is Derek Jeter's Girlfriend Minka Kelly? [PICTURES]
All star baseball player Derek Jeter has recently joined the 3,000 hits league, and to celebrate with him is his girlfriend Minka Kelly. But who is Minka Kelly?The Los Angeles native is the child of former Aerosmith guitarist Rick Dufay. Her mother was an exotic dancer. Kelly and her mother traveled extensively when she was younger, but finally settled in Albuquerque, New Mexico, when before entering junior high.Kelly has appeared in numerous television programs, most notably Friday...
Instant view: News Corp withdraws bid for BSkyB
News Corp has withdrawn its $12 billion bid to buy out the 61 percent of broadcaster BSkyB it does not already own after the government turned on Rupert Murdoch over a phone hacking scandal.
President Barack Obama Statement on Mumbai Attacks [FULL TEXT]
The text of President Barack Obama's statement on the Mumbai attacks. Obama strongly condemn[s] the outrageous attacks in Mumbai, and my thoughts and prayers are with the wounded and those who have lost loved ones.
Leiby Kletzky Remains Found, Suspect Admits He Killed Him
The search for a missing 8-year-old Hasidic boy ended early Wednesday with the discovery of his dismembered body by authorities in two locations in Brooklyn -- and police have arrested a man suspected in the brazen slaying.
Wall Street rallies, snaps 3-day slide on Bernanke's view
Wall Street rebounded from a three-day sell-off on Wednesday as comments from Federal Reserve Chairman Ben Benanke raised hopes that there could be further stimulus for the U.S. economy if needed.
Social Media: a double-edged sword in Syria
The byline has been withheld to protect the writer and those interviewed for the story. Reuters correspondents were expelled from Syrian shortly after unrest began in March.
Nokia, Siemens fail to sell stake in NSN
Nokia and Siemens have abandoned attempts to sell a stake in their joint venture Nokia Siemens Networks after holding unsuccessful talks with private equity firms for the past 12 months.
Relax, Netflix is Still Cheap & More 'Green' Now
It's true that Netflix has raised the price of its DVD rentals and online movie packages by 60 percent, removing the cheap streaming and DVD option, but their new plans aren't really that bad. The latest plan for both DVD rentals (one at a time) and unlimited streaming was a bargain at $9.99, a steal even. And although the price is now $15.98 a month, it's not the only option.The only qualm we foresee with this is that the streaming option may not provide full access to all new rel...
Fidelity's Bolton flags China governance challenge
Anthony Bolton, one of Britain's best-known fund managers, said policing rogue executives was a far bigger task in China than in the West, as News Corporation's phone-hacking scandal thrusts corporate governance standards back into the spotlight.
Bernanke to face grilling on jobs, debt, Europe
Federal Reserve Chairman Ben Bernanke goes to Capitol Hill on Wednesday to testify about the sputtering U.S. recovery, but may have to spend much of his time convincing a stubborn Congress to raise the debt ceiling.
Highlights: Bernanke's prepared remarks to House panel
The following are highlights of Federal Reserve Chairman Ben Bernanke's prepared remarks on Wednesday to the House of Representatives Financial Services Committee as part of his semi-annual testimony on the U.S. economy and monetary policy.
Holy Leak! Details of the First 'Dark Knight Rises' Batman Trailer
The trailer of the highly anticipated Dark Knight Rises movie has leaked.
The World's Best Airlines for Budget Travel
For those of us who can't afford the first-class lounge, here's a list of budget airlines that won't break the bank.
Kate Middleton and Prince William: Are They Hiding Out Post Tour? [Photos]
After the whirlwind that was the Royal North American tour, Kate Middleton and Prince William seem to want a more quite life. After boarding the plane at LAX, earlier this week, bound for England, the couple have been nowhere in sight.The cute couple has stated they are looking forward to a more reclusive lifestyle, and after the eventful, action-packed tour they had, it seems like a reasonable desire.Considering the recent interest in Kate's waist size, it's no surprise the duches...