Judge rules BofA suit over Bear loss can proceed
A federal judge said Bank of America Corp may pursue a lawsuit accusing former Bear Stearns Cos managers Ralph Cioffi and Matthew Tannin of lying in an attempt to prop up two failing hedge funds.
Wolfgang's Vault offering concerts for download
The once controversial Wolfgang's Vault, which has amassed the largest collection of licensed streaming live recordings on the Internet, is about to make a treasure trove of those concerts available for downloading.
Capital markets feel economic squeeze-RBC report
Activity in global capital markets may be flat or even lower next year as the world economy struggles to pull out of recession, according to a survey released Thursday by RBC Capital Markets.
VW's Czech Skoda eyes post-scrappage output cut
Volkswagen's (VOWG.DE) Czech unit, Skoda Auto, is considering halting production for two days in October after demand fell following the end of a scrappage subsidy in Germany, a spokesman said on Thursday.
Music from Muslim, agnostic composers in Pope album
A Muslim, a Catholic and an agnostic composer have contributed music to an album featuring Pope Benedict singing and reciting prayers, which is due for release in November.
Thousands feared dead after Indonesia quake
Rescue teams struggled on Thursday to reach scores of people trapped under debris and survivors pleaded for aid after a powerful quake hit the Indonesian city of Padang, possibly killing thousands.
Incentives key as EU car sales soar, US to slump
Government funds propped up an ailing European auto industry in September, in contrast to an expected slump in sales in the United States after its cash for clunkers scheme ran out of money.
Opel labour talks adjourned, to be resumed soon
Talks between Canadian automotive group Magna, General Motors and workers at German carmaker Opel were adjourned with no result on Thursday and will resume soon, a spokesman for Opel said.
John C. Reilly moves to Cedar Rapids
John C. Reilly is joining Ed Helms in the road-trip comedy Cedar Rapids.
Jessica Alba eyes Fockers
Jessica Alba is becoming a Focker.
Megan Fox is boring not wild and crazy (Watch)
Contrary to how tabloids portray the actress, Megan Fox says she is really not wild and crazy and instead has a subdued life and rarely leaves her house.
Wall Street down after factory, jobs data disappoint
U.S. stocks dipped more than 1 percent on Thursday after the latest jobs and manufacturing data sparked worries about the pace of economic recovery, with technology shares leading losses.
Trash or treasure? Upcycling becomes growing green trend
Rather than throwing that bag or hosepipe into the recycle bin, how about turning it into a belt or a shower curtain, joining a growing band of upcyclers?
BofA/Merrill network big asset in Ameriprise deal
Ameriprise Financial Inc's purchase of an asset management business from Bank of America Corp contains a key feature -- access to the bank's massive distribution system.
NextEra shuts NH Seabrook reactor for refuel
NextEra Energy Resources LLC, a subsidiary of FPL Group Inc (FPL.N), shut the 1,245-megawatt Seabrook nuclear power station in New Hampshire on Oct. 1 for a planned refueling and maintenance outage, a spokesman for the plant said.
LSE says in exclusive talks to buy Turquoise
The London Stock Exchange said it has entered into exclusive talks with low-cost trading platform Turquoise Trading Ltd., as rising competition forces trading houses to consolidate.
Nike denies endorsement deal with NFL player Vick
Nike Inc on Thursday denied it has an endorsement deal with Michael Vick more than two years after dumping the National Football League quarterback following his arrest for bankrolling a dog-fighting ring.
Nike said it was only supplying gear for Vick as it does with many athletes. In such deals, Nike does not pay the athlete.
Turkish student throws shoe at IMF chief
A Turkish student threw a shoe at International Monetary Fund Managing Director Dominique Strauss-Kahn on Thursday as he made a speech to students in Istanbul ahead of the IMF's annual meeting.
U.S. workers filed more first-time jobless insurance claims last week
More unemployed workers filed for temporary government insurance protection last week, with the total initial claims rising by 17,000 to 551,000, according to the U.S. Labor Department.
China Parade Gives Clues To Military Capability
China's National Day military parade held no big surprises but there were tantalizing clues for experts assessing the modernization of the world's biggest fighting force.
Bernanke, Rep. Frank trim sails on risk
The head of the Federal Reserve and a key U.S. lawmaker on Thursday backed away from a controversial provision of the Obama administration's financial regulation reform plan, saying new oversight by the Fed on systemic risk should be shared with other regulators.
Philippines braces for second stronger typhoon
Millions of people were battling on Thursday to cope with the aftermath of a typhoon that cut a destructive path through parts of Southeast Asia, killing 400, as an even stronger storm headed toward the Philippines.
Virtual economies in videogames used as case studies
Virtual economies set up in videogames as players trade items are being used as case studies to track and model real-world economies.
Tsunamis turn South Pacific paradise to deadly hell
Rescuers pulled bodies from the mud and twisted rubble and fished bloated corpses from the South Pacific off Samoa Wednesday as the death toll from a series of tsunamis climbed further.
Moment of truth for Obama factor in 2016 Olympic bid
Sport and politics converge in a potent mix on Friday with the credibility of the U.S. President on the line as International Olympic Committee (IOC) members choose the venue for the 2016 Summer Olympics.
Wall Street slumps after manufacturing data
U.S. stocks fell further on Thursday, with major indexes down more than 1 percent, after data showed the manufacturing sector grew in September, but at a slower pace than anticipated.
U.S., Iran face off at six-power nuclear talks
Six world powers held talks with Iran on Thursday that U.S. officials said would need to convince them Tehran was prepared to show it was not hiding plans for a nuclear bomb.
Oil hovers near $70.50 after near $4 jump
Oil pared losses to trade above $70 a barrel after the biggest daily jump since April on the back of a hike in U.S. consumer spending and as tensions between Iran and the West lent support.
Water worries threaten U.S. push for natural gas
Louis Meeks, a burly 59-year-old alfalfa farmer, fills a metal trough with water from his well and watches an oily sheen form on the surface which gives off a faint odor of paint.
Bernanke changes tack on systemic risk regulator
The head of the Federal Reserve adopted a new tone on Thursday over a key plank of the Obama administration's proposed plan for financial regulation reform, saying new oversight powers proposed for the U.S. central bank should be shared with other regulators.