Wall Street eyes fourth week of gains, M&A a factor
U.S. stock index futures rose on Monday as Wall Street looked to extend three weeks of gains as some investors said shares could rally in a thinly traded, holiday-shortened week.
Lindsay moves to new rehab center
Lindsay relocated to another facility after receiving strange threatening messages.
Tom Cruise may star in 'Rock Of Ages' musical
There is a buzz around the casting of 'Rock of Ages' with Tom Cruise, Alec Baldwin, Taylor Swift and Gwyneth Paltrow all being considered
World stocks tick higher; euro hits 2-week low
World stocks edged higher toward a recent two-year high on Monday while the euro hit a two-week low as concerns over the euro zone debt crisis stayed in focus following last week's Irish rating downgrade.
UK ruling allows Twitter updates from courts
Reporters covering court cases should be allowed to send messages to the Twitter micro-blogging site, a senior British legal official said on Monday, clarifying rules after hearings involving WikiLeaks founder Julian Assange.
South Korea begins live-fire exercises on Yeonpyeong Island, North alerts army
The South Korean military has begun live-firing exercises on Yeonpyeong Island, the country's defense ministry announced on Monday. Local residents were ordered to move into air raid bunkers ahead of the drills. The move comes at the time of heightened tensions in the region and constant threats of retaliation from the North.
Wall Street futures point to gains for stocks
Stock index futures pointed to modest gains for Wall Street on Monday, with futures for the S&P 500, Dow Jones Industrials and Nasdaq indexes all up by around 0.1 percent by 0933 GMT (4:33 a.m. EDT).
World stocks steady below two-year high
World stocks held steady below a recent two-year high on Monday while the euro hit a two-week low as concerns over the euro zone debt crisis persisted following last week's Irish rating downgrade.
KKR's $1.7 billion bid for Perpetual off
Australian wealth manager Perpetual has called off talks with private equity firm Kohlberg Kravis Roberts & Co over a $1.7 billion takeover saying the approach undervalued the company, knocking its shares down by nearly 15 percent.
Prosecutors to sue Ernst & Young over Lehman collapse: report
Prosecutors in New York are set to file civil fraud charges against accounting firm Ernst & Young LLC over the collapse of Lehman Brothers Holdings Inc, the Wall Street Journal said, citing people familiar with the matter.
ECB's Trichet: Ireland must stick to bailout plan
European Central Bank head Jean-Claude Trichet said on Monday euro zone countries must do more individually and collectively to combat the bloc's debt crisis, and Ireland must stick rigorously to its bailout plan.
Asian stocks fall in thin choppy trade
Asian shares fell to their lowest in over a week on Monday, led by a 2 percent slide in Shanghai stocks as thin year-end trading made for exaggerated moves, not helped by mounting tensions on the Korean peninsula.
Cricket launches music service for mobile phones
Cricket Communications is launching a new music service for wireless customers, offering unlimited song downloads as part of a monthly rate plan.
Google to delay launch of TV sets: report
Google Inc has asked some manufacturers to delay the launch of TV sets based on the internet company's software, the Wall Street Journal reported, citing people briefed on the company's plans.
Genzyme to push argument for Campath value
Genzyme Corp , which is fighting off a hostile $18.5 billion bid from Sanofi-Aventis SA , will on Monday take another stab at persuading investors that its experimental multiple sclerosis drug is worth more than Sanofi's projections.
Sony likely to miss 2010/11 TV sales target: exec
Sony Corp said it was likely to fall slightly short of its ambitious 25 million unit LCD TV sales target for the year to March 2011, with sales in developed markets seen flat from last year in the key year-end shopping season.
LG Group to spend $18 billion in 2011, mainly on electronics
South Korea's LG Group said on Monday it is boosting 2011 investment by 12 percent to a record $18.2 billion, as it seeks to revive the struggling handset business of its core unit LG Electronics Inc.
Nunavut Iron opposes Baffinland board actions
Nunavut Iron Ore Acquisition Inc, backed by a U.S. private equity firm, said on Sunday it opposes anti-shareholder actions of Canadian miner Baffinland Iron Ore Mines.
Australia win third Ashes test, level series
It took Australia only 50 minutes on the fourth day of the Perth test at WACA, the third of the series, to take the remaining five wickets and land a 267-run win against England.
Belarus vote set to extend President Lukashenko's 16-year rule
Belarusian President Alexander Lukashenko is set to be voted in for his fourth consecutive term, exit polls suggest. Local media has reported that Lukashenko is likely to win a massive 72 per cent of the votes while his rival Andrei Sannikov is predicted to get 6.33 per cent. Opposition had already voiced allegations of election fraud by the ruling party in the country. Lukashenko is running against nine opposition candidates.
Ex ECB member, Italy minister Padoa-Schioppa dies
Former European Central Bank Executive Board member and Italian Economy Minister Tommaso Padoa-Schioppa, an architect of the euro and one of Italy's most respected figures, died on Saturday evening of a heart attack.
An inconvenient housing sector
Wall Street banks have been gripped by a certain euphoria in recent weeks, with their economists touting a modest improvement in U.S. data as an omen of more robust growth to come in 2011.
Internet road rules near FCC vote
A controversial proposal for Internet traffic rules that would allow providers to ration access to their networks is scheduled to come before communications regulators for a vote on Tuesday.
Israel's policies stifling Palestinians: Report
Israel’s policies in West Bank and other districts are depriving Palestinians of basic necessities while providing lavish amenities to Jewish settlements, Rights group says. Human Rights Watch, in a report released on Sunday slammed the Israeli government for what it called, violations of ‘International laws’ and Palestinian Rights. It also demanded a withdrawal from the settlements.
Celebrityspeak for the week
The things the celebrities said this week
Oprah celebrates Christmas in Fiji
Oprah stopped over in Fiji for her Christmas holidays
Seattle gets its first Nissan Leaf
After a San Francisco Bay Area resident became the first in the United States to receive the delivery of all electric Leaf, Nissan Motors on Saturday carried out its first Leaf delivery in the Seattle region.
Zimbabwe's Mugabe to run in 2011 polls, observers fear violence
Despite mounting international pressure, Zimbabwe’s President Robert Mugabe would run in the country’s polls likely to be scheduled for June next year. Mugabe's Zimbabwe African National Union - Patriotic Front (ZANU-PF) unanimously endorsed him as a candidate for the elections on Saturday. The party cadres, along with their leader, also pledged for a ‘harmonious’ ballot in 2011.
For the unemployed, the dream’s a nightmare
Work hard and play by the rules and you'll get ahead. That's been an article of faith, since at least the birth of this nation, in what has come to be called the American dream..
U.S. Senate repeals 'Don't Ask, Don't Tell'
The U.S. Senate on Saturday voted to repeal of the 'Don't Ask, Don't Tell' law, in a move that would pave the way for gays to serve openly in the military.