Divisions on global monetary reform exposed at China G20
Opposing views about how to reform the global monetary system were laid bare at a meeting of the top 20 economies on Thursday, with France setting out a bold agenda, China warning that change must be gradual and the United States saying the solution was simple.
Molycrop signs rare earth pact with Ames Lab
The rare earth minerals company Molycorp Inc has announced that it has entered into a cooperative research and development agreement with the U.S. Department of Energy's Ames Laboratory.
AU jumps after iPad 2 order report; analysts cast doubts
Shares in Taiwan's AU Optronics Corp jumped as much as 6 percent on Thursday after a report that the world's No.4 LCD maker has won an order to provide flat panel screens for Apple Inc's hot-selling iPad 2 tablet.
Zidane Still Has It, Fakes Out Young GoalKeeper 3 Times (VIDEO)
Soccer great Zinedine Zidane showed he still has it in a recently uploaded YouTube video at a training camp.
FDA finds small amount of radiation in US milk
The FDA found small amounts of radiation in a sample batch of milk from Spokane, Washington. The level, however, was 5,000 times lower than the Derived Intervention Level set by the FDA.
COLUMN: Warren Buffett's Very Tense Press Release
In a press release that has the air of a deposition, Warren Buffett explained on Wednesday about a top aide's resignation and a stock purchase. They are facts that he has vowed not to answer more questions about.
Warren Buffett heir apparent quits after stock purchases
The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp before pushing Buffett to acquire it.
Buffett heir apparent quits after stock purchases
The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp before pushing Buffett to acquire it.
AT&T mega-merger tied to spectrum drought: Cicconi
U.S. government remedies to free up more U.S. airwaves for wireless services are not coming fast enough and were an important driver behind AT&T Inc's $39 billion bid to buy Deutsche Telekom AG's T-Mobile USA, an AT&T executive said on Wednesday.
Online retailers blast planned changes to EU rules
Proposed changes to European rules on product returns could cost online retailers 10 billion euros ($14 billion) a year, denting growth and leading to higher prices for consumers, an industry body warned on Thursday.
Black brokers lose bias suit against BofA/Merrill
Bank of America Corp won the dismissal of a bias lawsuit by black financial advisers at the former Merrill Lynch & Co who said they were paid lower bonuses than white counterparts to stay on when the companies merged.
Instant view: Berkshire Hathway's Sokol resigns
David Sokol, long seen as a contender to take over as CEO of Berkshire Hathaway when Warren Buffett retires, resigned unexpectedly on Wednesday.
Wall Street ends up; quarter's end in view
U.S. stocks ended higher on Wednesday with activity dominated by money managers buying recent winners, including energy and small-caps, as the quarter nears its end.
GM expects robust Cruze sales due to converts
General Motors Co said on Wednesday its Chevrolet Cruze small car was on track to exceed 50,000 U.S. sales in the first quarter, aided by demand in markets usually dominated by imports.
Buffett's Top Executive Resigns After Stock Purchase
Berkshire Hathaway Chairman Warren Buffett said Wednesday that one of the top executives at his company, David Sokol, has resigned from the company, soon after learning that Sokol bought stock in a company he recommended to Buffett.
U.S. jury rejects Glaxo antitrust claims vs Abbott
A U.S. jury rejected GlaxoSmithKline's antitrust claims against Abbott Laboratories over allegations of unfair HIV drug pricing, after Britain's biggest drugmaker had asked for hundreds of millions in damages.
Missing Bronx zoo cobra sparks Twitter following
Any old cobra can hiss, but the one that tweets on Wednesday had more than 150,000 people following Twitter posts about her escape from New York City's Bronx Zoo, including top politicians and celebrities.
JPMorgan's Dimon slams CFTC on swaps crackdown
Jamie Dimon, chief executive of Wall Street giant JPMorgan Chase, lashed out at efforts by U.S. regulators to police the $600 trillion swaps market, in which his bank is a big player.
News Corp promotes James Murdoch to New York role
News Corp has promoted James Murdoch to the role of deputy chief operating officer in a move that will be seen to mark him as eventual successor to his 80-year-old father, Rupert.
AT&T Chief disputes higher prices after T-Mobile deal
AT&T Inc Chief Executive Randall Stephenson disputed the commonly held belief that consumer bills would rise if there were fewer competitors in the U.S. wireless market.
Google takes on Facebook with latest social tweak
Google Inc will begin allowing users to personally endorse search results and Web pages, its latest attempt to stave off rival Facebook Inc while trying to jump onboard a social networking boom.
Stars among 150,000 Twitter followers of missing Bronx Zoo cobra
Any old cobra can hiss but the one that tweets on Wednesday had more than 150,000 people following Twitter posts about her escape from the Bronx Zoo, including top politicians and celebrities.
Qihoo 360 shares more than double in NYSE debut
The shares of Qihoo 360 Technology Co Ltd, China's third most-popular Internet company, soared in their debut on the New York Stock Exchange on Wednesday in an echo of the Chinese technology IPO euphoria of late 2010.
BofA CEO compensation declined over 70 percent in 2010
Bank of America Corp's chief executive received a 70 percent pay cut in 2010, mainly because the bank shifted its schedule for paying bonuses.
Top banker and regulator offer dueling agendas
Jamie Dimon and Elizabeth Warren, both power players in U.S. finance, used a high-profile U.S. Chamber of Commerce platform on Wednesday to advance opposing agendas in the debate over regulation reform.
Obama Gets Transparency Award in Private
President Barack Obama on Monday accepted an award celebrating transparency in government in a meeting closed to the press.
Google Fiber Coming To Kansas City, Kansas
Google's fiber city of choice is Kansas City, Kansas
Microsoft Plans Mobile Payment System For Windows Phone 7
The technology would make the company the third major player, behind Google and Apple, said to be entering the mobile payment sphere.
Wall Street up, S&P tackles key technical level
U.S. stocks rose on Wednesday as investors positioned themselves for the quarter's end and the S&P 500 attempted to hold above a key technical level.
Cricket World Cup - India scrape past Pakistan to set-up Sri Lanka Final
In what was billed 'the mother of all clashes', India scrapped past old-rivals Pakistan in a see-saw semi-final encounter and will face Sri Lanka in the finals of the Cricket World Cup 2011.