Dimon, Gorman, Moynihan pitch for AIG share sale
Some of the top bankers in the United States flocked to a midtown Manhattan law firm on Thursday to make a pitch for managing what could be one of the largest share sales in history -- a secondary offering of potentially $20 billion for bailed-out insurer AIG.
U.S. again urges North Korea to meet its obligations
U.S. Defence Secretary Robert Gates on Friday held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets its obligations, but said there was no sign of it changing its ways.
Brazil death toll rises as rescuers battle floods
Rescue workers in Brazil braced for more rain on Friday as they struggled to reach areas cut off by massive floods and landslides that look certain to have killed more than 500 people.
Hacker used information on Facebook to steal nude pics from women's email accounts
Computer hacker George Samuel Bronk, 23, of Citrus heights California pleaded guilty for seven felony charges which included hacking into e-mail accounts and Facebook accounts of worn in 17 states and in England.
Euro steadier after bounce, global stocks ease
The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.
China defends yuan policy ahead of Hu's U.S. trip
China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.
Kelsey Grammar set to marry fiancé in February
His demand for a quickie divorce has led to his wife making allegations and demands
China says FX policy based on its national interests
China's yuan exchange rate policy is based on its own national interests, a senior Chinese diplomat said on Friday, days before a summit with U.S. President Barack Obama.
Borders close to securing refinancing: report
Bookseller Borders Group Inc told publishers in a meeting it was close to securing refinancing from GE Capital and other lenders, the New York Times reported, citing people familiar with the matter.
Starbucks signs pact to enter India
Starbucks Corp unveiled a deal that sets the stage for the world's largest coffee company to bring its iconic cafes to India, where Western-style coffee shops are increasingly popular.
Stanford ties up with IATA to offer aviation management program through distance learning
The Center for Professional Development at Stanford University has signed an agreement with the International Air Transport Association (IATA) to offer a unique distance learning program combining aviation training and management fundamentals.
Victoria’s $14k designer bag sells out
It vanished within hours from the online site
Gucci Mane gets ice cream tattoo on face
The troubled rapper and hip-hop singer gets ice cream tattoo to announce his sanity
India angry at Chinese visas for Arunachal residents
China has angered India by issuing unorthodox visas to two Indians from a border state claimed by Beijing, the latest flare-up of a territorial dispute festering between the Asian giants.
Tata Steel says will hold on to Riversdale
Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.
Intel positive on PC growth in emerging Asia
Intel Corp is positive about growth in PC sales in emerging Asia, particularly in China and India, a top executive said on Friday, a day after the chip heavyweight posted market-beating revenue and margins for the fourth quarter.
Goldman Sachs raises Infosys to 'buy'
Goldman Sachs raised Infosys Technologies to buy from neutral on Friday, saying it believes a drop in the share prices offers an attractive entry point.
India Apr-Dec commodity derivatives trade up 50 pct
Turnover at Indian commodity bourses rose 50 percent to 82.70 trillion rupees ($1.83 trillion) in the first three quaters to December on surging volumes on bullion and metal counters, data from the regulator showed.
BSE Sensex down, SAIL slumps; Tata Coffee soars
The BSE Sensex fell 0.4 percent in early trade on Friday, with financials leading the decline ahead of December inflation data.
Govt ducks big decisions on food inflation
The embattled Congress-led coalition government failed to announce major policy decisions on Thursday to tackle soaring food prices after days of wrangling, taking only minor measures seen as unlikely to make a major impact.
Thousands of Kennedy documents go online
BOSTON (Reuters Life!) - Thousands of documents, photos and even recorded phone conversations of President John F. Kennedy are going online and available to a whole new generation of high-tech armchair historians.
IBM prepares for machine vs man Jeopardy! showdown
Computer history for $400?An IBM computer won the practice round on popular quiz show Jeopardy! against two top contestants, showing artificial intelligence has come a long way in simulating how humans think.
Morgan Stanley's Gorman shakes up management
Morgan Stanley announced on Thursday a number of executive changes across its retail brokerage and fixed-income trading divisions, as Chief Executive James Gorman overhauls the bank's management ranks a year into his tenure.
Euro has best day in six months, U.S. stocks fall
The euro surged on Thursday, taking on renewed vigor after better-than-forecast debt auctions by Spain and Italy and a hawkish rate view from the ECB but weak U.S. jobless claims data weighed on U.S. stocks.
Strong Intel outlook eases longer-term tablet fears
Intel Corp posted better-than expected revenue and margins for the fourth quarter and gave a rosy outlook for early 2011, defying worries about the chipmaker's minor role in the booming smartphone and tablet computer market.
Instant view: Intel first-qtr sales forecast above Wall St
Intel Corp beat Wall Street's fourth-quarter profit and sales estimates, and forecast higher-than-expected revenue in the current quarter.
Sealy Q4 profit edges past Wall Street estimates
Mattress maker Sealy Corp's quarterly profit edged past market expectations, helped by strong demand in its international markets and on lower costs.
Annual video game sales fall, better 2011 in view
Video game sales fell for 2010 but are expected to bounce back this year as people embrace new ways of playing games online and on-the-go, according to retail research firm NPD Group.
College strained by Loughner's behavior
Jared Lee Loughner's interactions with instructors at his Tucson, Arizona community college were strained throughout 2010, with administrators and instructors reporting disturbing out of context comments, inappropriate expressions, and very hostile behavior which culminated in a suspension, according to school documents.
Merck, materials companies drag Wall Street lower
Stocks edged lower on Thursday, hurt by a slide in drugmaker Merck and as falling commodities prices hit shares of natural resource companies.