Hedge fund industry assets swell to $1.92 trillion
Hedge fund assets grew a record $149 billion during the last three months of 2010, according to new data released on Wednesday.
More tech workers get bonuses - report
More technology and engineering workers got bonuses and pay raises last year than in 2009, but the pay hikes were tiny for professionals outside large corporations and Silicon Valley, according to a survey by Dice.com, part of online recruiter Dice Holdings Inc .
Wells, U.S. Bancorp profits up, margins squeezed
Wells Fargo & Co and U.S. Bancorp said low interest rates were squeezing lending profits, but improving credit quality helped both banks post higher fourth-quarter earnings.
Nintendo says reaction to 3D warning was overblown
A top Nintendo Co Ltd executive said reaction to a health warning on its new 3D handheld game player was overblown, portraying as routine the warning that hit its shares two weeks ago.
Swiss arrest ex-banker for giving data to WikiLeaks
Swiss police arrested ex-banker Rudolf Elmer on Wednesday for giving data to Wikileaks, hours after he was found guilty of breaching strict Swiss bank secrecy laws in another case.
T-Mobile USA not seen announcing Clearwire deal
T-Mobile USA's new chief executive looks set to dash the hopes of Clearwire Corp investors when he meets Wall Street analysts on Thursday as he is unlikely to announce a strategic deal with the smaller wireless operator, sources close to the situation said.
Banks, tech send Wall Street to worst drop in 2 months
The S&P 500 suffered its biggest decline in nearly two months on Wednesday as disappointing results from Goldman Sachs and Wells Fargo put a damper on the rally.
Gunfire at another L.A. school
Another gunfire incident has rocked Los Angeles area schools. A police officer wearing a bullet proof vest was shot but the bullet did not penetrate his body, local reports say.
200 dead cows in Wisconsin found by farmer
200 dead cows were discovered in a field of Portage County, Wisconsin on Friday. The dead Cows were disposed using semi-trucks.
Swiss re-arrest ex-banker for giving data to WikiLeaks
Swiss police on Wednesday arrested former banker Rudolf Elmer on fresh charges of breaching Swiss bank secrecy law for giving data to WikiLeaks, hours after he was found guilty of another secrecy offense.
EBay options show downside bias as earnings beckon
Options traders appeared to be taking a bearish stance on eBay Inc ahead of its earnings report after the bell on Wednesday.
China, U.S. agree to healthcare partnership
While Chinese President Hu Jintao is being entertained by U.S. President Barack Obama, and the U.S. House of Representatives votes to repeal the Obama administration’s healthcare reform law, both U.S. healthcare and Sino-American relations are the main components today of a less highly publicized event.
Lehman says BofA should return another $9 million
Lehman Brothers Holdings is demanding that Bank of America return an additional $9 million on top of $500 million it has been ordered to repay by a bankruptcy judge.
Goldman profit slides as bond trading wilts
Goldman Sachs Group Inc posted a 53 percent decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets.
Wall St has worst drop in 2 months on banks, tech
The S&P 500 suffered its biggest decline in nearly two months on Wednesday as disappointing results from Goldman Sachs and Wells Fargo put a damper on the rally.
Juror could face charges for online research
ATLANTA, Jan 19 - A U.S. high-school librarian could face criminal charges for conducting online research while she was a juror in a capital-murder trial.
Bane To Be Batman’s Next Big Screen Foe
Tom Hardy will play Bane in the next big screen Batman flick.
Wells, US Bancorp profit up as credit improves
Wells Fargo and US Bancorp said lending profits are being squeezed by low interest rates, but improving credit quality helped both banks post higher-than-expected fourth-quarter earnings.
Growth view rises as recovery seen taking hold: Reuters poll
Recent evidence a U.S. economic recovery may be gaining traction has led economists to raise their forecasts for the pace of growth in the world's largest economy, according to a Reuters poll released on Wednesday.
Wells, U.S. Bancorp profit up as credit improves
Wells Fargo and U.S. Bancorp said lending profits are being squeezed by low interest rates, but improving credit quality helped both banks post higher fourth-quarter earnings.
Corrected: Wells, US Bancorp profit up as credit improves
(Corrects first paragraph to show both Wells Fargo and U.S. Bancorp posted higher, not higher-than-expected, earnings)
Lift the ban on women in combat, panel says
Women who are qualified to serve in combat should be allowed to do so, according to a nonpartisan commission tasked with promoting equal opportunity in the U.S. military services.
Corrected: Wells and US Bancorp profits up but margins squeezed
(Corrects first paragraph to show both Wells Fargo and U.S. Bancorp posted higher, not higher-than-expected, earnings)
Lakers face Mavericks tonight
The two time defending champion LA Lakers, with 2nd best record in the West (31-12), will visit the Mavericks tonight at 9pm EST.
American Airlines loss smaller than expected
American Airlines parent AMR Corp posted a smaller-than-expected quarterly loss on a 10.3 percent revenue increase as the company aimed to control fuel and labor costs.
IMF stress tests come early for UK and German banks
The International Monetary Fund is running a health check of top banks in Britain, Germany and three more countries just as Europe hammers out details of its own tougher industry stress test.
Sanctions no obstacle as Iranians get their iPads
Although there were no lines of eager customers forming outside computer stores in Tehran on the day that Apple's iPad was introduced to the world last year, the tablet computer -- the newest global must-have gadget -- has quietly appeared in Iranian shops, despite tightened sanctions.
American Express charge to hit 4th-quarter profit
American Express Co said on Wednesday that severance costs and other charges related to shutting down customer service centers would reduce fourth-quarter earnings.
Study marks spooky step towards quantum computers
Scientists have moved a step closer to creating ultra-fast quantum computers by generating 10 billion bits of quantum entanglement in silicon for the first time.
U.S. and China reach $45 billion in export deals
The United States and China reached agreement on export deals worth $45 billion including a major contract with Boeing, the White House said on Wednesday at the formal start of Chinese President Hu Jintao's state visit.