U.S. jobless rate hits 26-year high of 9.8 percent
U.S. employers unexpectedly cut more jobs in September than in August, underscoring the fragility of the economy's recovery from its worst recession in 70 years as businesses remain cautious about the future.
Chrysler to idle Jeep Wrangler production for a week
Chrysler Group LLC said on Friday it will idle production of its Jeep Wrangler SUV for a week starting Monday due to part shortages from an unidentified supplier.
Ireland likely to vote “Yes” over EU Lisbon treaty
Ireland seems likely to vote “Yes” this time in a referendum on the EU's Lisbon treaty on Friday.
Steve Martin hits road with banjos, and some jokes
Steve Martin may be one of the funniest guys on the planet. But when it comes to talking about the banjo, he is deadly serious. Eerily so.
Ally McBeal looks for love on DVD: finally
Ally McBeal -- the quirky TV comedy whose mini-skirted neurotic star, nose-whistling lawyers and unisex bathrooms found a worldwide audience -- finally arrives in stores next week as a complete DVD series with all its original music intact.
Animal rights group wants Tornatore film blocked
Italy's main animal rights group has asked prosecutors to stop further screenings of Giuseppe Tornatore's new film Baaria because it features the gruesome slaughtering of a bull.
Wall Street dips on weak jobs, factory data
Stocks fell for the fourth straight day on Friday as weak jobs data gave more evidence the economic recovery would be less robust than expected.
New film seeks answer to mystery of vanishing bees
A new documentary seeks to unravel the mystery of why billions of honey bees have been disappearing from hives across the United States, and concludes that the chief suspect is pesticides.
Amos Oz heads field of Nobel literature candidates
Israeli writer Amos Oz is favorite to be picked for the 2009 Nobel literature prize next Thursday, but with the judging notoriously hard to predict, he is far from a safe bet.
Shadowed by giants, Milan young designers seek break
To fashionistas around the world, Milan is best known for established brands such as Giorgio Armani, Prada and Versace but its young and upcoming designers are eager to show it is also a hive of emerging talent.
Circus tycoon clowns around after space docking
Canadian circus billionaire Guy Laliberte, dubbed the first clown in space, arrived at the International Space Station in a Russian space craft on Friday on a 10-day trip that cost over $35 million.
G7 better forum for discussing forex--BOJ governor
Group of Seven financial ministers and central bank governors will likely discuss the economic and financial developments that are behind recent currency moves at their meeting this weekend, Bank of Japan Governor Masaaki Shirakawa said on Friday.
What is Google Wave?
Google began the public testing of Google wave this week, with 100,000 people invited into the testing phase, each of which can invite up to five people to join in on the testing.
Obama's hometown orchestra a hit on Europe tour
While it doesn't have the diplomatic clout of the city's favorite son Barack Obama, the Chicago Symphony Orchestra has scored a huge success in Europe, getting audiences and critics on their feet in five countries.
Tate museum pulls young Brooke Shields nude image
Britain's Tate Modern gallery said on Thursday it had closed a room at its new blockbuster exhibition that contains a naked image of actress Brooke Shields aged 10, after police launched an investigation.
Daily Outlook - Oct 2 Tech
Apple and Eminem's music publisher, Eight Mile Style LLC, reached a settlement agreement on Thursday, putting an end to a lawsuit alleging that Apple was never authorized to digitally sell 93 of Eminem's songs on iTunes.
Schmidt: Google-Apple board member should stay put
Google Inc Chief Executive Eric Schmidt said former Genentech CEO Arthur Levinson should stay on the boards of both Google and Apple Inc, despite regulatory scrutiny.
Consumer bankruptcies soar in September
Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.
U.S. consumer bankruptcies soar in September
Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday.
Wall Street falls on job data, but upgrades curb losses
Stocks fell for the fourth straight day on Friday as weak jobs data gave more evidence the economic recovery would be less robust than expected.
Walgreen September same-store sales jump, shares slip
In-store flu vaccinations helped Walgreen Co , the largest U.S. drugstore chain, post on Friday a better-than-expected 5.3 percent jump in September sales at its stores open at least a year.
Brother Jermaine to judge BBC Michael Jackson show
Michael Jackson's brother Jermaine, who was a member of The Jackson 5, will appear as a judge on a new BBC talent show Move Like Michael Jackson, the public broadcaster said on Thursday.
Progress plan to replace NC coal unit approved
North Carolina regulators approved Progress Energy Inc's plan to spend about $900 million to build a 950-megawatt natural gas-fueled power plant in Wayne County to replace a 406 MW coal-fired plant, the company said in a release late Thursday.
Southern Union to pay $18 mln for mercury storage
The Southern Union Co, which once owned the New England Gas Company, was sentenced on Friday to pay a $6 million criminal fine and $12 million to community initiatives for illegally storing mercury at a Rhode Island site, the U.S. Justice Department said.
Clean energy investment fell in Q3: research group
Investors worldwide poured $25.9 billion into clean energy in the last three months, down 9 percent from $28.6 billion in the second quarter, analysts at research group New Energy Finance said on Friday.
ElBaradei bound for Iran to pin down Geneva accord
The head of the U.N. nuclear watchdog will head to Iran this weekend to pin down an Iranian pledge, made at talks with big powers on Thursday, to open a newly revealed uranium enrichment site to inspections.
Daily Wrap Up - Oct 2
A Fragile Economy; Tax Money and CIT; Complacency Warning
THL, Quadrangle-owned West Corp plans $500 mln IPO
West Corp, an operator of call centers and conference calls, filed plans on Friday to raise as much as $500 million in an initial public offering.
SABMiller eyed as best fit for FEMSA's beer unit
Beer heavyweight SABMiller Plc is seen as a front-runner to buy Mexico's No. 2 brewery, owned by FEMSA, possibly drawing rival AB InBev into a showdown in the country's lucrative market.
Julius Baer in lead for ING's Swiss unit: sources
Julius Baer has emerged as the frontrunner to acquire Dutch ING's Swiss private banking assets, two people familiar with the matter said, and a deal could be announced as early as next week.