Top 10 movie flops of the decade
Movie flops aren't just about losing money. Yes, big budgets that go bust are one consideration. But flops are also about lofty expectations dashed and high profiles brought low. They trigger embarrassing catcalls from the peanut gallery and a general whoever-thought-that-was-a-good-idea-in-the-first-place bewilderment.
Luc Besson says the French are his harshest critics
French film director Luc Besson, known worldwide for blockbusters like The Big Blue and The Fifth Element, says his movies face the toughest criticism at home where they are seen as not quite French enough.
AB InBev calls off sale of Beck's beer brand: report
Anheuser-Busch InBev has walked away from a planned sale of its German beer brand Beck's to U.S. buyout firm Bain Capital, a German magazine reported.
UAE central bank says closely monitoring Dubai crisis
The central bank of the United Arab Emirates is closely watching events stemming from the Dubai debt crisis to ensure no harm results for the national economy, a spokesman for the central bank said on Saturday.
Abu Dhabi to aid Dubai on case by case basis
Abu Dhabi, wealthy capital of the United Arab Emirates, will pick and choose how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.
Abu Dhabi to aid Dubai case by case: official
Abu Dhabi, capital of the United Arab Emirates and one of the world's top oil exporters, will pick and choose how to assist its debt-laden neighbor Dubai, a senior Abu Dhabi official said on Saturday.
Bernanke-audit would hurt economic prospects
U.S. Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic recovery and financial stability going forward.
Bank of America amends pay for senior executives
Bank of America Corp , the largest U.S. bank, amended on Friday the compensation agreements of two senior executives, following a review by the pay czar.
Audit would hurt economic prospects: Bernanke
Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic and financial health in the future.
Jobs data eyed, but Dubai is the wild card
Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril next week.
Black Friday sales seen strong, but will it last?
U.S. consumers turned out in strong numbers to hunt for holiday bargains on Black Friday, though many said they were spending selectively and industry executives questioned whether the momentum would last.
Treasury and Fed delay Internet gambling ban 6 mos
The Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices.
Thanksgiving Day a boon for online shopping
Consumers found time this U.S. Thanksgiving Day to squeeze in a lot more holiday shopping online, in between spending time with family, watching football and feasting on turkey.
Abu Dhabi banks have big Dubai exposure: bank execs
Years of chasing business in Dubai's property boom means Abu Dhabi banks have built up an exposure to Dubai-based companies worth at least 30 percent of their loan books, senior bankers in Abu Dhabi said on Friday.
Treasury, Fed delay Internet gambling ban 6 months
The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices.
Pimco: Dubai triggers overdue correction in stocks
Rising fears of a possible debt default at a Dubai state-owned conglomerate is the catalyst for an overdue correction in equities and risk assets, the chief executive of top bond fund manager Pimco said in an interview on Friday.
Banks, world leaders play down Dubai debt threat
World leaders expressed confidence in the global economic recovery on Friday despite fears about a debt default by Gulf emirate Dubai, while major banks played down their exposure to the debt.
French minister wants Europe to take on Google
European Union members want to create a joint project on the digitization of books, French Culture Minister Frederic Mitterrand said, challenging Google's plan to create a massive digital library.
Israeli minister optimistic on prisoner swap deal
An Israeli cabinet minister said on Friday he was optimistic about prospects for a prisoner swap with Palestinians for captured soldier Gilad Shalit, suggesting that talks were still alive to achieve a deal.
Honduras to vote for new president amid coup crisis
Honduras chooses a new president on Sunday in an election that may defuse a crisis caused by a coup against President Manuel Zelaya, but the vote is splitting Washington and Latin America.
Apple iPhone's to debut in South Korea this Saturday
Apple's iPhone will be released for the first time in South Korea this Saturday and is available from KT Corporation, the country's second largest mobile carrier. The iPhone will be offered in three different models, with a price range of $342 to free, depending on the service plan chosen.
U.S. says world analyzing China's climate goals
The White House gave a mixed reaction on Friday to China's plans to cut its carbon intensity levels, welcoming the proposal but saying the world would watch whether Beijing kept its promises to tackle climate change.
Media business at crossroads as deals pick up
The growing influence of the Web to distribute news, video and other content, combined with the lingering economic malaise, have left many media executives and investors uncertain about where to make their next bets.
Police search for Paul Michael Merhige as Thanksgiving murder suspect
Police are searching for Florida man, Paul Michael Merhige, who they suspect killed four family members at a thanksgiving dinner Thursday evening in Jupiter, Florida.
Brazil's central bank calls auction to buy dollars
Brazil's central bank offered to buy dollars on the spot foreign exchange market on Friday in an ongoing effort to boost international reserves and soak up greenbacks pouring into the economy.
Moody's: No change to UAE bank ratings, outlooks
Moody's Investors Service on Friday said it will make no changes for now to the ratings or outlooks of banks in the United Arab Emirates with exposure to the two Dubai entities whose debt problems have roiled global markets.
Goldman, ABN misled investors during IPO: court
ABN AMRO, Goldman Sachs and World Online misled investors during the 2000 initial public offering of the Dutch Internet provider, the Dutch Supreme Court ruled on Friday.
US gold ends down but above lows on Dubai woes
COMEX December gold GCZ9 settled down $12.80, or 1.1 percent, at $1,174.20 an ounce on the COMEX division of NYMEX.
Oil falls 2.5 percent on Dubai default worries
Oil prices settled down more than 2 percent at about $76 a barrel on Friday as fears of possible defaults in Dubai convulsed financial markets and boosted safe-haven demand for the U.S. dollar.
Tareq and Michaele Salahi shock many after crashing White House state dinner
Tareq and Michaele Salahi of Virginia have left many shocked with disbelief after getting past the Secret Service and into the state dinner at the White House on Tuesday.
