Silicon Valley Bank parent eyes India, China
California-based SVB Financial , the parent of Silicon Valley Bank, is eyeing banking licenses in China and India, Asia's No.1 and No.3 economies, as part of its international expansion, its chief executive told Reuters.
Wall St edges down, S&P near technical danger zone
The S&P 500 slid further toward a technical danger zone near its April low on Monday after signs of a slowing economy pushed the index to five weeks of losses and investors saw more coming.
Design for how much? How the economy changes architecture
How the current economy is changing architectural aesthetic.
ECB expected to signal July rate increase
The European Central Bank is likely to signal a July interest rate rise on Thursday while continuing to provide banks with unlimited amounts of cash to help weaker lenders hit by the euro zone debt crisis.
Sarah Palin Emails: Alaska Limits Access to Print Copies Only, Lacks Tech to Redact Online
Anyone hoping to see thousands Sarah Palin's old e-mails from her time as governor of Alaska online as soon as the state releases them, even as soon as this week, is out of luck.
Palin fans altering Wikipedia entry on Revere
After Sarah Palin offered a different version of Paul Revere's historic ride through the Massachusetts countryside, the Wikipedia entry on Revere was edited, then restored to its previous state yesterday.
Chinese officials call Google 'political tool'
Internet big Google is a political tool , a top Chinese official told a Beijing paper Monday, claiming the U.S. internet magnet's comments about hacking attacks linked to China is bad for their business.
Lulzsec strikes again: Nintendo hacked but servers safer than Sony
Nintendo announced that their web server was recently hacked by the Lulzsec hacking group. The hackers were able to penetrate the network but did not manage to obtain any sensitive information or customer data. The hack happened weeks ago, but Nintendo has just released a statement, leaving many to wonder about Nintendo's trust in communication with their gaming customers.
Female politician pushes for sex slavery in Kuwait
Salwa Al-Mutairi's YouTube video calls for
NBA Finals Game 3: Heat sneak in win over Mavericks
The Miami Heat walked away with a slim victory over the Mavericks winning 88-86 in the NBA Finals Game 3 in Dallas. With the series tied 1-1, the victory gives Miami a 2-1 and returns home court advantage. The end of the game wasn't pretty with both teams shooting 1-5 in the closing 1:40 of a tie game.
S&P 500 seen testing April lows, Apple eyed
Wall Street was set for a volatile open on Monday, with the S&P 500 hovering near its April low after signs of a slowing economy pushed the index to five weeks of losses.
Fed's Plosser: Jobs data doesn't change view
Weak jobs figures on Friday do not change the fundamental outlook for the U.S. economy and monetary policy could be tightened by the end of the year, a top Federal Reserve official said on Monday.
Goldman may seek to counter Senate findings: report
Goldman Sachs Group Inc could release documents to counter a Senate subcommittee report that said the bank misled clients about mortgage-linked securities, the Wall Street Journal reported, citing people familiar with the matter.
China paper warns Google may pay price for hacking claims
Google has become a political tool vilifying the Chinese government, an official Beijing newspaper said on Monday, warning that the U.S. Internet giant's statements about hacking attacks traced to China could hurt its business.
Fed's Plosser says jobs data doesn't change view
Weak jobs figures on Friday do not change the fundamental outlook for the U.S. economy and monetary policy could be tightened by the end of the year, a top Federal Reserve official said on Monday.
Apple iCloud to replace iTunes and MobileMe?
According to an unverified source, iCloud service could replace iTunes in its role of storing all the data; audio, movies and TV shows, iBooks, apps, calendars, etc. In the cloud space, the data would be better served synching over air.
Arsenal Transfer Rumors - Nasri to Manchester United?
Arsenal midfielder Samir Nasri could well move to bitter-rivals Manchester United after the Frenchman claimed that he was unsure of signing a new contract with the Gunners.
Can Apple compete with Google and Amazon?
Apple’s new web-hosted music service, which is expected to beat the market of Google Music and Amazon Cloud Player, may have to face tough competition.
Greece to start austerity drive as nation seethes
Greek Prime Minister George Papandreou starts a campaign on Monday to secure a new international bailout by imposing years of austerity on a nation already seething over corruption and economic mismanagement.
Hackers attack FBI; Say 'We accept your threats, NATO'
After venting out their ire against Sony PlayStation Network, hackers have pointed their guns at FBI.
French Open - Federer positive despite defeat
Despite seeing some of his best tennis fail to win him the French Open, 16-time grand slam winner Roger Federer said he was pleased with his performance against Rafael Nadal in the final, but also admitted things could have turned out better.
Goldman may release papers to counter report: report
Goldman Sachs Group Inc could release documents to counter a Senate subcommittee report that said the bank misled clients about mortgage-linked securities, the Wall Street Journal reported, citing people familiar with the matter.
French Open - Nadal 'honored' to equal Borg
World number one Rafael Nadal has said it is an honor to equal Bjorn Borg's record of six grand slam titles after he overcame Roger Federer in the French Open final at Roland Garros on Sunday.
Apple's Jobs to take the stage as iCloud hype grows
Apple Inc Chief Executive Steve Jobs returns on Monday to the stage at San Francisco's Moscone center to take the wraps off what investors hope will be the next source of growth for the world's most valuable technology company.
MTV awards 2011 pictures
The MTV movie awards , packed with exclusive film chip premieres and fresh faced favourite stars is more like a drinking game for celebrities.
IAEA's latest update on Japan's Fukushima nuclear crisis
The IAEA provided the following information on the status of nuclear safety in Japan:
TSE head recommends court-led Tepco restructuring, stock dives
Tokyo Electric Power Co <9501.T> should go through a court-led restructuring similar to Japan Airlines, the head of the Tokyo bourse was quoted as saying, sending the utility's stock tumbling to an all-time low on the possibility of a delisting.
Airline profits to tumble in 2011 on fuel, global
Global airlines cut their 2011 profit forecast by more than half to $4 billion on Monday as high oil prices and turmoil in Japan, North Africa and the Middle East weigh on the industry's recovery.
Fed's Plosser: Volatility of inflation concerns troubling
The American public's swing from deflation to inflation worries in the past year is troubling as it suggests potential doubts about the Federal Reserve's ability to keep prices stable, a top Fed official said on Monday.
Drugmakers cut vaccine prices for poorer nations
Several leading drugmakers are cutting their prices on potentially life-saving vaccines for people in developing countries in an effort to sustain supplies via the GAVI international vaccine alliance.