UK banks urged to protect retail arms
Britain's top banks should shield their retail operations from riskier investment banking activities and hold more capital to protect taxpayers in the event of another financial crisis, a report said.
Apple’s Achilles heel: Connectivity issues plague Verizon iPad 2
The promise of seamless connectivity from Verizon seems to have eluded the owners of iPad 2 as Apple confirmed that Verizon iPad 2 owners are having problems connecting to Verizon Wireless 3G data network
Japan continues grim search for the dead in earthquake, tsunami ruins [PHOTOS]
One month after the 9.0-magnitude earthquake and an ensuing tsunami ripped Japan's Pacific Coast, the country continues grim search for the dead in the ruins.
Toyota, Microsoft to build platform for Telematics
Japanese auto major Toyota Motor Corp and technology giant Microsoft Corp plan to build a global platform for TMC's next-generation telematics services using the Windows Azure platform, the carmaker said in a statement.
Kelly Clarkson follows 'Ellen' performance with 'American Idol'
After bouncing back to the limelight with The Ellen DeGeneres Show performance, Kelly Clarkson will return to American Idol stage bolstering her media presence months ahead of the September release of her fifth studio album.
iPad2 to be a teaching tool for kindergarteners very soon
The Auburn School committee has decided to pilot test the use of the latest Apple iPad2 as a tool for learning for kindergarteners in Maine School district. Children will soon be digitally literate as well,in fact more literate than their parents themselves.
Rajaratnam defense to present its case for NY jury
Now it is hedge fund manager Raj Rajaratnam's lawyers' turn to make their case at his insider trading trial on Monday that the government was wrong to accuse him of conspiracy and fraud.
Audi reveals all-electric A3 e-tron concept (PHOTOS)
German luxury carmaker Audi has released the details of all all-electric Audi A3 e-tron concept, a vehicle that will hit the market sometime in the near future. The electric car is based on the 2011 Audi A3 Sportback.
South Korea watchdog probes Hyundai Capital data breach
South Korea's financial watchdog launched an investigation on Monday into the leak of personal information from South Korea's Hyundai Capital, the consumer finance unit of Hyundai Motor Group, a Financial Supervisory Service official said.
Google messages for Japan earthquake victims
One month ago, a massive 9.0 earthquake and one of the worst tsunamis in history struck northeastern Japan. Many people in the most impacted areas still have immediate needs for shelter and supplies.
Raine Group receives investments from media, tech
The Raine Group, the boutique investment bank started by two former Wall Street dealmakers, has received new investments from three media and technology executives, the Financial Times reported on Sunday.
Sharp to halt output at two LCD panel plants until May
Sharp Corp expects to keep production suspended at two Japanese liquid crystal display panel plants until early May, as it grapples with unstable supplies of industrial gases after last month's devastating earthquake, a company spokeswoman said on Monday.
BOJ Shirakawa says recovery path intact, regional
Bank of Japan Governor Masaaki Shirakawa on Monday reiterated that Japan's economy is likely to return to a recovery path once supply constraints caused by last month's earthquake and tsunami ease, and as exports grow.
Obama Birth Certificate Saga a ‘Sideshow,’ Trump Has ‘No Chance,’ says Obama advisor
David Plouffe, one of President Barack Obama’s closest advisors, said Sunday that potential 2012 presidential candidate Donald Trump has ‘no chance’ of being elected to office.
Nasdaq says its offer is superior after NYSE snubs bid
Nasdaq OMX Group and IntercontinentalExchange responded late Sunday to NYSE Euronext's rejection of their joint proposed bid, reaffirming that their cash and stock offer is superior to the offer submitted by rival Deutsche Boerse AG.
Peace Plan for Libya: Rebel Talks Next as Gaddafi Backs African Offer
An African Union delegation will head to the rebel stronghold in Benghazi, Libya on Monday after Libyan leader Muammar Gaddafi accepted a peace plan offer which calls for a ceasefire.
Analysis: Alliance Data may face high Epsilon breach costs
Alliance Data Systems Corp could face costs and lost sales of $100 million or more as it tries to recover after hackers stole reams of names and email addresses from its Epsilon marketing unit.
NYSE snubs Nasdaq, sticks with Deutsche Boerse deal
NYSE Euronext stuck to its deal with Deutsche Boerse AG over a higher takeover bid from Nasdaq OMX Group, calling the rival offer too risky and counter to the Big Board's vision.
Warner board to review bids this week: source
Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the matter said.
NYSE snubs Nasdaq's bid, sticks with Deutsche Boerse
NYSE Euronext chose its deal with Deutsche Boerse AG over a higher, rival takeover offer from Nasdaq OMX Group and IntercontinentalExchange Inc, dealing the latest blow in what could be a drawn-out bidding process.
Glencore chief executive says IPO imminent: report
The chief executive of Glencore was quoted on Sunday as saying that the launch of an initial public offering by the global commodities trader was imminent.
Global military spending hits high but growth slows
Worldwide military spending edged up in 2010 to a record $1.6 trillion, a leading think-tank said on Monday.
As worry list grows, G20 gets wonky
While the world watches revolutions in the Arab world and a nuclear crisis in Japan, the Group of 20 is engrossed in an esoteric debate over something called indicative guidelines.
NYSE snubs Nasdaq-ICE bid, sticks with Deutsche Boerse
NYSE Euronext chose its deal with Deutsche Boerse AG over a higher, rival takeover offer from Nasdaq OMX Group and IntercontinentalExchange Inc, dealing the latest blow in what could be a drawn-out bidding process.
NYSE rejects Nasdaq takeover bid, favors Deutsche Boerse
NYSE Euronext's board on Sunday rejected an unsolicited takeover bid by Nasdaq OMX Group Inc and IntercontinentalExchange Inc, and affirmed its plan to merge with Deutsche Boerse AG.
Wall Street Week Ahead: Will corporate earnings justify gains?
Investors will look to corporate profits and outlooks this week for confirmation the S&P 500 has another leg to its rally as the earnings season gets under way.
There will be no New Gold Standard, Part II
Backing money with gold isn't the problem for the legion of policy-makers and economists running the official monetary system. Raising interest rates is.
Obama to offer deficit reduction plan
With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.
Gallon of gas jumps to $3.76: survey
The average price for a gallon of gasoline in the United States has moved closer to $4, jumping more than 19 cents since mid-March to a level less than 10 percent below its all-time high, a widely followed survey said on Sunday.
Obama to Unveil Long Term Budget Fixes
President Barack Obama will announce later this week deficit reduction targets and a timeline to reach them, White House adviser David Plouffe said on Sunday.