Education earns good grades as Oscar race begins
A mere three months before Oscar nominations are unveiled, the British coming-of-age drama An Education is one of the first of this year's crop of contenders to garner serious buzz.
U.S. schools homeowners to spot loan rescue scams
Sun Valley, a sun-baked and struggling corner of Los Angeles, is fertile ground for mortgage rescue scams with its high proportion of subprime borrowers, Spanish speakers and a sharp drop in home values.
UBS exec Branson joins Swiss bank watchdog FINMA
Senior UBS AG executive Mark Branson will head Swiss regulator FINMA's banking unit, the Swiss watchdog said on Tuesday, in a move likely to reignite debate over close ties between regulators and large banks.
Damon, Brolin in talks for True Grit roles
Matt Damon is in discussions to star in Ethan and Joel Coen's remake of the John Wayne Western True Grit. Josh Brolin, who starred in the brothers' No Country for Old Men, is also in talks for a major role.
BP profit halves, beats forecasts on cost cuts
BP Plc beat third-quarter earnings forecasts by a big margin in a sign Chief Executive Tony Hayward's restructuring plans were delivering results, with cost cuts ahead of targets and oil and gas output up strongly.
Torture charged in L.A.-area mortgage rescue case
As Los Angeles housing advocates launched a campaign warning of mortgage rescue scams, a couple hit by foreclosure are charged with torturing two loan-modification agents they suspected of fraud, authorities said on Monday.
S&P futures edge up as earnings offset rally concern
S&P 500 index futures edged higher on Tuesday following a two-day selloff as better-than-expected earnings offset worries that the market's seven-month rally was reaching its end.
Intel CEO sees higher corporate PC spend in 2010
Intel Corp , the world's largest chipmaker, expects a rise in corporate spending on personal computers in 2010, Chief Executive Paul Otellini said on Tuesday.
Dollar slips vs euro, upward momentum fades
The dollar slipped against the euro on Tuesday as traders took a breather from steep gains made in the U.S. currency the previous day which had knocked the euro from a 14-month high.
Dollar slips, support from U.S. yields fades
The dollar slipped against the euro on Tuesday, pausing from the previous day's broad gains as the yield on 10-year U.S. government bonds retreated from a two-month high, removing some support for the U.S. currency.
Obama to give $3.4 billion in grants for smart grid
President Barack Obama on Tuesday will announce $3.4 billion in government grants to help build a smart electric grid that will save consumers money on their utility bills, reduce blackouts and carry power supplies generated by solar and wind energy, the White House said.
Nikkei falls most in 3 wks; oil and Astellas weigh
Japan's Nikkei average lost 1.5 percent on Tuesday, its biggest one-day percentage fall in three weeks, as trading houses fell after oil slid and Astellas Pharma (4503.T) was hurt by a brokerage downgrade. Blue-chip exporters such as Honda Motor Co (7267.T) also dragged on the market after U.S. stocks fell on chances that lawmakers may let a federal home buyer tax credit expire, raising fears the U.S. housing industry may lose a crucial incentive that has spurred hopes of stabilisation in recent...
Senate panel kicks off climate bill drive
A Senate committee on Tuesday launches three long days of hearings on a Democratic climate bill in a bid to further convince an international summit in December that Washington is serious about tackling global warming.
Futures cut gains amid corporate results
Stock index futures cut earlier gains on Tuesday with S&P 500 futures turning flat as investors took in the latest round of corporate results and awaited key data on consumer sentiment and home prices.
Futures edge up as earnings, data awaited
Stock index futures edged higher on Tuesday following a two-day selloff as investors digested more corporate results and key data on consumer sentiment and home prices.
Merrill Lynch veteran to head UBS U.S. wealth unit
Merrill Lynch veteran Robert McCann, the new head of UBS's loss-making U.S. wealth management unit, said he had no plans to sell the business that was battered by a high-profile tax row.
Oil rises above $79 ahead of inventory data
Oil rose above $79 a barrel on Tuesday, up after three straight days of decline as investors awaited new leads from equities markets and weekly crude inventory data from the United States.
BP beats forecasts on cost cuts
BP Plc beat third-quarter earnings forecasts by a big margin in a sign Chief Executive Tony Hayward's restructuring plans were delivering results, with cost cuts ahead of targets and oil and gas output up strongly.
Stock futures point to mixed open on Wall Street
Stock index futures pointed to a mixed open on Wall Street on Tuesday, following a selloff in the previous session, as investors braced for more corporate results and key data on consumer sentiment.
Honda nearly triples outlook, more upside seen
Honda Motor surprised investors with a near tripling of its annual profit forecasts, bumping it further ahead of Japanese rivals thanks to a dominant motorcycle business and line-up heavy in small cars.
Global stocks slump, Europe bucks trend
Emerging market and Japanese shares fell sharply on Tuesday after an overnight sell off on Wall Street, but the retreat failed to boost the dollar which fell after the previous sessions' gains.
Oil pauses below $79 ahead of inventory data
Oil paused below $79 a barrel on Tuesday, steady after three straight days of decline as investors awaited new leads from equities markets and weekly crude inventory data from the United States.
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Mobile Web usage surge continued in Sept: Opera
Global mobile data traffic continued to surge in September, Internet browser firm Opera said on Tuesday.
Goldman Sachs says dark pools help investors
Anonymous trading venues known as dark pools are a technological evolution that have benefitted both institutional and retail trading by bringing down transaction costs, Goldman Sachs Group Inc said in a memo to the Securities and Exchange Commission.
Global stocks slump but Europe bucks trend
Emerging market and Japanese shares fell sharply on Tuesday after an overnight sell off on Wall Street, but the retreat failed to boost the battered dollar.
Deadliest, Wild becoming video games
Discovery Communications is partnering with game publisher Crave to turn two of its top-rated series, Man vs. Wild and Deadliest Catch, into video games.
United Tech frontrunner for GE security unit: report
Diversified U.S. manufacturer United Technologies Corp is now the favorite in the bidding for General Electric Co's security business, Bloomberg reported, citing a person familiar with the matter.