Blackstone plans portfolio IPOs: source
Private equity firm Blackstone Group plans to take advantage of improved equity markets to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors.
T-Mobile Sidekick U.S. users face personal data loss
Users of Microsoft Corp's Sidekick mobile phone may have permanently lost data such as contacts, photos and calendar entries due to the failure of a Microsoft server computer.
Mid-Day Minute - Oct 12
Recession Remnants; Market Jumps; Coal Tech Goal Set
Stocks up, S&P on track for 6th day of gains
Stocks rose on Monday on expectations of positive earnings and help from a weaker dollar, putting the benchmark S&P 500 on track for its sixth straight higher finish.
Oil jumps on optimism, colder U.S. weather
Oil jumped more than 2 percent on Monday to touch a six-week high on optimism about the pace of global economic recovery and as cold weather across the United States boosted fuel demand.
White House blasts health insurance sector report
The White House Monday blasted a report from the health insurance industry that said Senate healthcare legislation would lead to increases in annual insurance premiums of as much as $4,000 by 2019.
Going back to the future in personalized medicine
Shaping the future of personalized medicine is not all about developing expensive new drugs -- it will also mean revisiting older, cheaper medicines armed with new genetic knowledge.
Russia's TNK-BP eyes Iraqi oil and gas fields
TNK-BP, Russia's third-biggest oil producer, said on Monday it was considering developing hydrocarbon resources in Iraq as it seeks to make its first foray into the oil-rich country.
Suicide bomber kills 41 near Pakistan's Swat
A suicide bomber killed 41 people in an attack on a Pakistani military convoy passing through a market on Monday as the Taliban claimed responsibility for a weekend raid on the army's headquarters.
Citi fined $600k for helping foreigners evade tax
Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority over failing to police derivatives transactions that helped foreign clients avoid taxes on dividends.
Iran's Mousavi sees Inquisition-style clampdown
Iranian opposition leader Mirhossein Mousavi has accused hardliners of using Inquisition-style methods to clamp down on reformers after the Islamic Republic's disputed election in June.
T-Mobile-Sidekick US users face personal data loss
Users of Microsoft Corp's Sidekick mobile phone may have permanently lost data such as contacts, photos and calendar entries due to the failure of a Microsoft server computer.
China sentences six to death over Xinjiang riots
A Chinese court in the restive far western region of Xinjiang on Monday sentenced six people to death for murder and other crimes committed during ethnic rioting in July in which almost 200 people died.
Digital River to lose Symantec contract; shares dive
Shares of Digital River Inc slumped 41 percent, after the e-commerce services provider said its top customer Symantec will not extend an existing contract to manage its online traffic.
North Korea missile tests puzzle outside world
North Korea test-fired short-range missiles on Monday, South Korean media reported, sparking consternation just as the reclusive state had been signaling to the outside world it might return to nuclear talks.
Philips pins recovery hopes on holiday sales
Philips Electronics said it had still not seen a recovery in most of its markets and the Thanksgiving and Christmas holidays would be a key test of whether shoppers' confidence has returned.
Germany gives green light for 2010 telco auction
Germany's biggest digital frequency auction -- set to generate up to 5 billion euros ($7.4 billion) -- can go ahead next year as planned despite complaints from the European Union and small operators.
UK halts business with Iran firms on nuclear fears
Britain froze business ties with an Iranian bank and state-run shipping firm Monday, citing fears that they were involved in helping the Islamic Republic to develop nuclear weapons.
Rentokil to use Google's Apps cloud, biggest yet
British pest control to parcel delivery company Rentokil Initial has chosen Google to manage its electronic communications, making it the largest company to deploy Google's Apps worldwide to date.
Chinatrust's stocks sale lures more foreign interest
Chinatrust, in final talks to buy AIG's Taiwan unit Nan Shan, has attracted more foreign interest than expected to subscribe to its T$44.3 billion ($1.4 billion), private placement, an executive said.
FCC asks Google to explain how, why it blocks calls
U.S. regulators on Friday asked Google Inc to explain how the Internet giant's Voice service blocks expensive calls to some rural areas, after lawmakers demanded an investigation.
Black & Decker shares up on profit outlook
Tool maker Black & Decker Corp doubled its profit estimate for the third quarter, citing better-than-expected shipments buoyed by a rebound in the U.S. housing market, sending its shares up 10 percent.
Economy optimism, weak dollar lift stocks
Stocks advanced on Monday on a sign of renewed interest in initial public offerings and a weaker U.S. dollar that drove commodities prices higher, boosting energy and materials shares.
Oil jumps on economic optimism
Oil jumped more than 2 percent toward $74 a barrel Monday, the highest in over six weeks, on optimism about the pace of global economic recovery and indications of stronger oil demand.
Rising U.S. population makes 2050 climate cut harder
A rising population will make it harder for the United States to make 2050 cuts in greenhouse gas emissions than for Russia and some other rich nations with shrinking populations, a Reuters survey showed.
Arthur Levinson quits Google board amid govt scrutiny
Google said on Monday that Arthur Levinson had resigned from its board following increased regulatory scrutiny over his membership as a director of both the top Internet search company and Apple Inc.
Oil jumps 2 percent on optimism
Oil jumped more than 2 percent on Monday to touch a six-week high on optimism about the pace of global economic recovery and as cold weather across the United States boosted fuel demand.
Britain says some progress on GM, issues remain
Britain said Monday progress was being made in negotiations over the future of GM Opel car plants in Britain but there were still issues to be settled.
Egyptian GB Auto eyeing bonds to fund expansion
GB Auto (AUTO.CA) is considering issuing five-year bonds worth one billion Egyptian pounds ($183 million) to fund regional expansion and new service centres in Egypt, the company said on Monday.
Black & Decker raises profit outlook
Tool maker Black & Decker Corp raised its profit outlook for the third-quarter, citing better-than-expected sales, operating margin and tax rate, suggesting an improvement in the company's end markets.
