Toyota to end output at GM jv plant in March: report
Toyota Motor Corp is looking to end production at a joint venture factory in California that it had held with General Motors in March 2010, Japan's Asahi Shimbun reported on its website.
Yen advances, high-yielders retreat on econ worries
The yen was broadly firmer on Monday after weak economic data out of the U.S. clouded the outlook for a quick global recovery, prompting further profit taking in commodity-linked currencies after their sizzling rally.
Oil extends decline below $67 on gloomy econ data
Oil prices fell below $67 a barrel on Monday, extending the previous session's 4.3 percent decline, as poor U.S. economic data clouded the outlook for a quick global recovery and prompted further profit taking.
Is Emimen dead?
Reports are spreading online that Eminem has died in a car crash.
Alien action film District 9 tops box office
District 9, a gritty, low-budget space alien movie set in South Africa with a cast of unknowns, opened as Hollywood's No. 1 film, grossing more at the box office its first weekend than it cost to make.
Is Comcast poised to do another Disney?
Comcast Corp has been hoarding cash to better manage its balance sheet but investors worry that it could be building a war chest for a splashy acquisition similar to its failed 2004 bid for Walt Disney Co.
UBS to name 5,000 accounts under U.S. deal: paper
The deal initialed last week between the United States and Switzerland over UBS will involve the disclosure of around 5,000 holders of secret Swiss accounts, weekly newspaper NZZ am Sonntag said on Sunday.
Monday, 17 August 2009 - Market Commentary
The Australian Dollar opens the new week lower at 0.8283. The Aussie hit an eleven-month high of 0.8475 last Friday after the Reserve Bank of Australia governor Mr Glenn Stevens said a normal cash rate is noticeably higher than the current level of 3 per cent.
'District 9' already covered its production costs in first weekend
The Peter Jackson produced sci-fi thriller
Usain Bolt shatters 100m world record in 9.58 seconds
Usain Bolt of Jamaica shattered his own world record in the 100 meters dash on Sunday with a time of 9.58 seconds at the World Championships in Berlin.
Stocks could pull back as earnings end
U.S. stocks could extend last week's retreat after a four-week advance as the earnings season winds down and investors search for signs that consumer spending will help sustain an economic recovery.
Obama defends health care plans, criticizes insurers
U.S. President Barack Obama reignited his criticism of health insurance companies on Saturday, promising reforms that would prevent firms from capping coverage or charging outrageous fees.
Webb meets junta, leaves Myanmar with American
U.S. senator Jim Webb said on Sunday he had asked Myanmar to free opposition leader Aung San Suu Kyi and let her take part in politics during talks that secured the release of an American jailed for visiting her.
Ahmadinejad plans female ministers in Iran cabinet
President Mahmoud Ahmadinejad said on Sunday he would propose at least three female ministers in his new cabinet following Iran's disputed election, an unprecedented move in the conservative Islamic state.
UBS to name 5,000 accounts under U.S. deal: report
The deal initialed last week between the United States and Switzerland over UBS will involve the disclosure of around 5,000 holders of secret Swiss accounts, weekly newspaper NZZ am Sonntag said on Sunday.
Volkswagen threat tantamount to blackmail: Opel union leader
Opel labor leader Klaus Franz branded Volkswagen's renewed threat to pull business from Canadian auto parts supplier Magna if it acquires VW's closest German rival as tantamount to blackmail.
Doha deal could boost world GDP $300-700 billion: study
A successful Doha round trade deal could boost the global economy by $300-700 billion a year, a study by the Peterson Institute for International Economics said.
Seinfeld to be first guest on new Jay Leno show
Comedian Jerry Seinfeld will be the first guest on Jay Leno's new primetime TV show in September, NBC said on Friday.
Britain may tighten laws on bankers' pay: Darling
The British government is prepared to tighten the laws on bankers' pay and bonuses if companies continue to reward excessive risk-taking, finance minister Alistair Darling told the Sunday Times newspaper.
Bollywood star held in U.S. airport, fans outraged
Indian Bollywood star Shah Rukh Khan said he felt angry and humiliated after he was detained and questioned at a U.S. airport, sparking an uproar in India among his fans.
Leaked Radiohead song has fans on alert for new EP
There is speculation that Radiohead will issue a new digital EP as early as Monday, after the leak of a track online assumed to be a new song by the band.
Arrest warrant issued for Bobby Brown
A Massachusetts judge has issued an arrest warrant for Grammy Award-winning R&B singer Bobby Brown for failure to pay child support, local media reported on Friday.
Kelly Clarkson and LeBron James in
Singer Kelly Clarkson and basketball superstar LeBron James are teaming up with the Bill & Melinda Gates Foundation and broadcaster Viacom for a TV special to encourage America's youth to
MC Hammer plans companion piece for 1990 hit album
MC Hammer doesn't want to hurt 'em. Again.
Quick bankruptcy sales replace U.S. reorganizations
Quick sales of companies are replacing traditional, lengthy U.S. bankruptcy reorganizations, and a lack of affordable credit and a recent appeals court opinion is expected to intensify the trend.
CitiGroup says two exempt from pay review: report
Citigroup Inc says two of its traders are exempt from a government review of the bank's top executive pay packages, The New York Times reported on Saturday.
Taliban claim blast at NATO base in Kabul
The Taliban claimed responsibility for a suicide car bomb that killed seven people on Saturday in the heart of the Afghan capital's most secure district five days before an election the Islamist group has vowed to disrupt.
South Korea's Lee seeks arms cut deal with North
South Korea's president on Saturday called on North Korea to reach a deal to cut conventional arms amassed on their heavily fortified border and renewed a pledge to provide aid if the impoverished North ends its atomic ambitions.
Ransom demand: lost ship has shades of le Carre
A ransom demand has been made for the lost merchant ship Arctic Sea, Finnish media said on Saturday, but the whereabouts of the vessel were still unknown in a saga looking increasingly like the plot of a spy thriller.
Taiwan seeks foreign aid after typhoon catastrophe
Taiwan leaders, already under fire over the response to a typhoon that likely killed hundreds, have accepted foreign aid after earlier refusing the offers, officials said on Saturday, as the president apologized.