Senator Dodd favors bank super-cop idea: aide
The U.S. Senate's top legislator on financial regulation favors reducing the number of bank supervisory agencies more sharply than the Obama administration proposes, said a senior Senate aide on Sunday.
Stocks' rise hinges on Fed and data
U.S. stocks could extend their rally and the Dow industrials may climb above 10,000 this week, should the Fed's policy-makers and economic data support the view the economy is recovering from recession.
Al Qaeda threatens Germany in second online video
Militant Islamist group al Qaeda threatened Germany with attacks for the second time this weekend in an online video criticizing the country for its deployment of troops in Afghanistan, authorities said on Sunday.
Obama faces leadership test at U.N., G20
U.S. President Barack Obama begins his biggest week yet on the world stage, facing pressure for results on an agenda of rekindling Middle East peace talks, tackling climate change and reshaping financial regulations.
Kids comedy Meatballs reigns at box office
Cloudy With a Chance of Meatballs, a new 3D animated feature based on a popular children's book, shone brightest at the weekend box office in North America on Sunday, overshadowing flops starring Matt Damon, Jennifer Aniston and Megan Fox.
Ken Burns: The National Parks (VIDEO)
The upcoming park documentary, The National Parks: America's Best Idea, is directed by Ken Burns and will be aired on September 27 by PBS.
Juanes concert in Cuba readies for big crowd
Cubans were expected to fill Havana's massive Revolution Square on Sunday for a concert by Colombian singer Juanes and a lineup of top Spanish-language musicians who hope art can do what politics has not -- bring together Cubans here and in the United States.
Even Miss Venezuela can't escape economic crisis
Despite a second consecutive victory at this year's Miss Universe, even Venezuela's hugely successful beauty factory is feeling the global pinch.
TV series shows broken New Jersey city fighting back
Just 8 miles across the Hudson River from New York City, the largest city in New Jersey can seem a world away from the affluence and ambition on Wall Street.
30 Rock, Mad Men out to defend Emmy trophies
Will the Mad Men of U.S. television score a second Emmy best drama victory and can anyone stop comic actress Tina Fey and 30 Rock?
Cazenove, JPMorgan close to joint venture buyout terms: report
Senior management at Cazenove and JPMorgan are thought to be close to agreeing a price for Cazenove's share of their J. P. Morgan Cazenove joint venture before the end of the year, the Independent on Sunday newspaper said.
U.N. confident Afghan vote resolved before winter
The United Nations is confident Afghanistan's election can be resolved before winter, with ballots already being printed to hold a second round if a fraud investigation makes that necessary, a spokesman said on Sunday.
Israel says will not strike Iran: Russia's Medvedev
Israel told Russia it would not launch an attack on Iran, Russian President Dmitry Medvedev said in a CNN interview released Sunday, in which he described such an attack as the worst thing that can be imagined.
Obama asks New York governor not to run: report
President Obama has asked New York Governor David Paterson to withdraw from the state's 2010 governor's race for fear that the embattled fellow Democrat cannot regroup from a series of political setbacks, The New York Times reported on Sunday.
Sticky U.S.-Japan issues loom for Hatoyama in New York
Japan's new prime minister, Yukio Hatoyama, faces his first diplomatic test this week when he meets President Barack Obama in New York as the two allies grapple with disagreements that investors fear could damage ties.
Obama cites economic growth, but not enough new jobs
President Barack Obama in an interview aired Sunday said all signs point to the U.S. economy starting to grow again but there may not be enough new jobs created until next year.
Anglo not asking for Xstrata bid order: source
Miner Anglo American is not about to request a put up or shut up order on Xstrata to make a formal bid or walk away, a source close to the company said on Sunday, denying a media report.
Cazenove, JPMorgan mull joint venture buyout terms: report
Senior management at Cazenove and JP Morgan are thought to be close to agreeing a price for Cazenove's share of their JPMorgan Cazenove joint venture before the end of the year, the Independent on Sunday newspaper said.
Dodd urges single U.S. bank regulator: report
U.S. Senate Banking Committee Chairman Christopher Dodd plans to propose legislation that would merge four bank agencies into one super-regulator, The New York Times reported on Saturday.
Financial regulation tops G20 agenda
President Barack Obama, preparing to meet with other G20 leaders in Pittsburgh, on Saturday stressed the need for regulations to prevent another global economic crisis and German Chancellor Angela Merkel was optimistic agreement could be reached at the summit.
Goldman Sachs fund to invest $250 million in Geely: report
A Goldman Sachs Group private equity fund is investing about $250 million in Chinese carmaker Geely Automobile , a move that could free up capital for Geely's parent to bid on Ford's Volvo unit, the Wall Street Journal reported, citing an unidentified source.
Spanish protest against Magna over Opel -- media
Thousands of people marched through the streets of Zaragoza in northeast Spain on Saturday to protest against Canada's Magna acquiring 55 percent of General Motors' Opel, Spanish media reported.
PepsiCo CEO retiring
Soft drink maker Pepsico Inc said on Saturday that Michael White, vice chairman and PepsiCo International chief executive, would retire later this year after nearly 20 years with the company.
Dodd to push for single U.S. bank regulator: report
U.S. Senate Banking Committee Chairman Christopher Dodd plans to propose legislation that would merge four bank agencies into one super-regulator, The New York Times reported on Saturday.
Spanish protest against Magna over Opel: media
Thousands of people marched through the streets of Zaragoza in northeast Spain on Saturday to protest against Canada's Magna acquiring 55 percent of General Motors' Opel, Spanish media reported.
Patty Loveless scales second roots-music Mountain
Patty Loveless' 2001 bluegrass album, Mountain Soul, holds a special place in her heart. Influenced by the music she grew up with in rural Kentucky, the album resonated strongly with the country singer's fans even as it broadened her audience.
Wu-Tang's Raekwon shows digital muscle with Linx
The Blueprint 3 by Jay-Z might be the week's No. 1 album. But the other major September 8 hip-hop release, Raekwon's Only Built 4 Cuban Linx . . . Pt. II, can still claim a victory.
Alice in Chains back in Black after 14 years
In the midst of its first reunion tour in the summer of 2006, veteran hard rock act Alice in Chains played to a crowd of 30,000 at Portugal's Super Bock Super Rock festival. As the band performed a set of its classic cuts, a handful of fans unfurled a 25-foot-long sign that read, Alice in Chains Get Born Again.
Mao's Last Dancer leaps onto movie screens
He gained fame as one of China's best dancers and was at the center of an international crisis, but the real story of Li Cunxin may never have been told if it had not been for Li sitting down to write it.
Taliban leader Mullah Omar takes aim at Obama
Afghan Taliban leader Mullah Omar issued a statement Saturday telling people of the West not to listen to U.S. President Barack Obama's justifications of war and vowing to defeat NATO troops like other invaders of history.