Citi to repay U.S. government funds
Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that came with the funds.
Wall St rises on Dubai bailout, Citi TARP deal
Abu Dhabi's $10 billion move to help neighboring Dubai avoid default and a deal by Citigroup Inc to pay back U.S. government funds helped U.S. stocks rise in early Monday trading.
Family, inspirational films top Hollywood’s box office weekend
A family animated movie and two inspirational films took the top three spots at the U.S. box office over the weekend.
EU carbon scheme is supporting clean energy shift: NEF
The EU's Emissions Trading Scheme (EU ETS) is starting to influence power companies' investment decisions toward cleaner energy production, a survey by research group New Energy Finance shows.
Nike chairman stands by Tiger Woods: report
Nike Inc Chairman and co-founder Phil Knight said the scandal surrounding Tiger Woods is part of the game in signing endorsement deals with athletes and did not back away from the athletic shoe and clothing maker's relationship with the golfer.
Malaysia PM to offer CO2 reductions in Copenhagen
Malaysia's government will offer credible cuts in its emissions of carbon dioxide at the Copenhagen climate change summit in a bid to halt global warming, Prime Minister Najib Razak told Reuters on Sunday.
Disney's Princess charms weekend moviegoers
Disney's animated The Princess and the Frog hopped over feel-good football film The Blind Side, to take the top spot in North American box office sales in its first weekend in wide release.
Philippines raises volcano alert, orders evacuation
The Philippines ordered the evacuation on Monday of thousands of people living near the most active volcano in the country, warning of a possible eruption within a week.
Protest widens against creation of new Indian state
Thousands marched in ports and towns of southern Andhra Pradesh to protest plans to carve out a new state, as a backlash grew against demands for statehood in a challenge for the Congress party-led government.
History miniseries takes on the Kennedys
The History cable network has cast its vote for The Kennedys, developing an eight-hour miniseries about the iconic American clan.
Oracle sees no new remedies for Sun deal: source
Oracle does not plan to offer any new remedies on top of proposals made earlier to EU competition regulators reviewing its plan to buy Sun Microsystems, a source close to Oracle said.
Downey's Sherlock Holmes an action hero
It's a good time to be Robert Downey Jr.
U.N. talks to resume after African protest
African nations agreed to resume U.N. climate talks in Copenhagen on Monday after a half-day suspension, accusing rich countries of trying to kill the existing Kyoto Protocol.
EU warms to Oracle-Sun deal
EU regulators signaled they could clear Oracle Corp's $7 billion takeover of Sun Microsystems Inc, after the U.S. software company promised measures to ease competition concerns.
L.A. critics honor Iraq war movie Hurt Locker
The Hurt Locker, an independent movie about a team of American bomb-disposal experts serving in Iraq, was named the year's best picture by the Los Angeles Film Critics Association on Sunday.
Haneke's White Ribbon sweeps European Film Awards
Austrian director Michael Haneke's The White Ribbon, a chilling exploration of the roots of Nazi terror, dominated the European Film Awards on Saturday, winning three prizes including best film.
Weekly Market Watch - Monday, 14 December 2009
GBP: This week has a lighter slate of economic releases scheduled in the United Kingdom than the previous week. Look for the Rightmove House Price Index (last -1.6%) plus the BOE's quarterly bulletin on Monday, then CPI (1.8%Y/Y) and RPI (0.2%Y/Y) on Tuesday.
FCC document reveals specs of Google's Nexus One phone
HTC's Nexus One, or the Google phone was approved on Monday by the U.S. Federal Communications Commission after HTC Corp., a Taiwan-based manufacturer of smartphones, filed for permission for the phone.
Citi to pay back U.S. government bailout
Citigroup has struck a deal with U.S. regulators to repay $20 billion of government bailout funds, allowing the bank to exit the TARP program in 2010.
Obama to meet with bankers, decries fat cats
President Barack Obama may have some tough words on Monday for executives of top U.S. banks as he pushes them to step up small-business lending and get behind legislation to overhaul Wall Street regulations.
Twilight studio to distribute Polanski film
The Hollywood studio behind the Twilight teen franchise said on Friday it has acquired North American rights to distribute jailed director Roman Polanski's latest film, The Ghost Writer.
Obama sees Senate healthcare passage by December 25
President Barack Obama said he expects the U.S. Senate to pass by the end of next week legislation to overhaul the U.S. healthcare system, but the top Senate Republican scoffed on Sunday that Obama's Democrats were too divided to do so.
U.S. forces chief warns of Afghanistan fight
The top U.S. military officer warned on Monday the first U.S. troops headed to Afghanistan as part of President Barack Obama's surge can expect more fighting and casualties, hours after 15 Afghan police were killed.
Taylor Lautner plays fight with Kanye West on SNL monologue (Video)
New Moon actor Taylor Lautner hosted Saturday Night Live and showed his karate skills to reenact a scene at the MTV Video Music Awards 09 when singer Taylor Swift was infamously interrupted by rapper Kanye West.
Facing combat ups depression risk in troops
Perhaps it's not surprising, but in the Air Force, combat duty in Iraq and Afghanistan increases the risk of depression, according to a new study.
China worries swine flu vaccine campaign faltering
China's vaccination campaign against the H1N1 flu strain is not proceeding as fast as it should be partly because people are needlessly worried about the safety of the vaccine, officials said on Friday.
Detained Americans face trial in Iran - minister
Three U.S. citizens detained in Iran and charged with espionage will stand trial, Foreign Minister Manouchehr Mottaki said on Monday, in a case that could further strain relations between Tehran and Washington.
Senate Democrats seek compromise on drug imports
Democrats scrambled on Friday to resolve a stalemate over whether to permit imports of cheaper prescription drugs from Canada and elsewhere as part of a larger effort to overhaul the U.S. healthcare system.
Fat in diet won't affect weight gain over time
People who want to maintain a healthy weight over time shouldn't obsess about their fat intake, new research shows.
JP Morgan sees strong growth at Apple; ups target
JP Morgan Securities raised its price target on Apple Inc by 4.5 percent, citing better-than-expected growth momentum for Mac, iPhone and iPod.