Shinsei set to post $1 billion loss: sources
Japan's Shinsei Bank , one-third owned by buyout firm JC Flowers, is likely to post a net loss of about 100 billion yen ($1.1 billion) for the year ended in March and its president plans to resign, sources familiar with the matter said on Wednesday.
CSX earnings rise 22 percent
U.S. railroad CSX Corp reported a 22 percent jump in quarterly earnings on Tuesday, beating analysts' estimates and offering fresh signals that the economy is ticking upward.
Fed's Bernanke stresses need for financial literacy
Federal Reserve Chairman Ben Bernanke said on Tuesday that it was more important than ever for people to become financially knowledgeable so they can make sound decisions after the losses of recent years.
Top GOP senator, White House clash on financial reform
The White House said yes we can on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said no we won't.
General Mills to take $34 million health bill charge
Cereal maker General Mills Inc backed its earnings view for the full year, excluding a non-cash charge of $34 million it will take relating to the U.S. healthcare reform bill.
The health test every man should do
Testicular cancer occurs when the cells in the testicles grow abnormally and develop into a tumour, commonly a seminoma in men aged 25 to 55 and a nonseminoma in men aged 15 to 30. Usually only one testis is affected, but it may spread through the lymph nodes to the abdomen, lungs, liver, bone or brain.
Talbots' profit shows proof of turn, shares rise
Women's clothing retailer Talbots Inc posted a much better-than-expected quarterly profit and forecast higher sales as its turnaround efforts take hold, sending its shares up nearly 5 percent.
Building an Australian Aged Care System: Increasing the Number of Services in Aged Care
The Ministry of Ageing has recently released a report that the Rudd Government will invest $386 million to increase the number of services in aged care to better support older Australians.
Gates assails Internet group over attack video
Defense Secretary Robert Gates criticized the Internet group Wikileaks on Tuesday over its release of a video showing a 2007 U.S. helicopter attack that killed a dozen people in Baghdad, including two Reuters news staff.
Twitter chases first revenue with ad service
Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.
Baird nabs Smith Barney's Perez in Northwest push
Baird Private Wealth Management on Tuesday said it hired veteran Smith Barney broker David Perez in Portland, Oregon, the first step in the firm's expansion in the Pacific Northwest region.
Levi Strauss posts higher profit in first quarter
Jeans maker Levi Strauss & Co said on Tuesday that quarterly net profit rose 17 percent on higher revenue from currency gains and improved consumer spending.
Corrected: Twitter chases first revenue with ad service
SAN FRANCISCO - Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.
List of possible Palm suitors grows, led by Asians
Palm Inc, may be scooped up by an Asian company with enough cash and manufacturing muscle to turn around the struggling smartphone maker, but analysts warn a deal could prove too rich for any buyer at current prices.
Corrected: Levi Strauss posts higher profit in first quarter
(Corrects to show that revenue rose 15 percent in Europe, not fell in paragraph 7)
Web browser that bypasses big brother a Kazakh hit
A browser that bypasses censors has become the most popular way to access the Internet in Kazakhstan, a Central Asian state where sites critical of the government are often blocked, a Web statistics firm said.
Venezuelan website lampoons Latin American leaders
A Venezuelan website that has poked fun at leftist President Hugo Chavez for two years has become a roaring success on the Internet, where its authors set up their satirical blog to avoid censorship.
Corrected: Venezuelan website lampoons Latin American leaders
A Venezuelan website that has poked fun at leftist President Hugo Chavez for two years has become a roaring success on the Internet, where its authors set up their satirical blog to avoid censorship.
Intel forecasts beat Street, shares jump
Intel Corp delivered a current-quarter forecast for revenue and margins ahead of Wall Street expectations, boosting the chipmaker's stock by 4 percent.
Market gains modestly; Intel rises late
Stocks eked out a gain on Tuesday as investors looked ahead to earnings from big banks and tech bellwethers, even as disappointing revenue from Alcoa Inc acted as a headwind.
Intel beats Street view, shares jump
Intel Corp reported a 44 percent surge in first-quarter revenue and delivered a current-quarter forecast ahead of Wall Street expectations, boosting the chipmaker's stock by 4 percent.
Shakespeare's Romeo and Juliet in Twitter twist
One of Shakespeare's most famous plays gets a 21st century makeover in a new version of Romeo and Juliet which will unfold through Twitter messages and on the Youtube video website.
Fed discussed second discount rate hike: minutes
U.S. Federal Reserve officials discussed raising for a second time the interest rate charged on emergency loans to banks, according to minutes from a mid-March meeting released on Tuesday.
FDIC proposes large banks pay for their risk
U.S. regulators proposed large banks pay higher fees if they engage in risky activities, introducing a new scorecard said to better predict how institutions will fare in economic downturns.
Geithner says will push China on fair trade rules
Treasury Secretary Timothy Geithner said on Tuesday the Obama administration will push China forcefully to open its markets and maintain fair trading rules.
Market rises slightly as results eyed
U.S. stocks eked out a gain on Tuesday as investors looked ahead to earnings from big banks and tech bellwethers, even as disappointing revenue from Alcoa Inc acted as a headwind.
Forex - US's Geithner says will push China on fair trade rules
U.S. Treasury Secretary Timothy Geithner said on Tuesday the Obama administration will push China forcefully to open its markets and maintain fair trading rules. Interviewed during an appearance before a meeting of the American Society of Newspaper Editors, Geithner repeated that it was important for China to move toward a flexible currency rate regime and added that he felt Beijing understands it was in that nation's own interest to do so.
FOREX-Euro slips vs most currencies as Greece woes dominate
The euro fell against most currencies on Tuesday as a Greek debt auction highlighted persistent doubts about Greece's credit risk and investors worried about tepid economic prospects in the euro zone. Greece passed its first borrowing test since the euro zone agreed on a potential rescue package but paid a high premium to issue the Treasury bills.
Long-term prospects hang over Google's results
Concerns over Google Inc's longer-term prospects may overshadow improvements in the Internet search giant's core business.
Geithner says will press China on fair trade rules
U.S. Treasury Secretary Timothy Geithner said on Tuesday the Obama administration will push China forcefully to open its markets and maintain fair trading rules.