SABMiller and Molson Coors to combine US operations
Brewers SABMiller and Molson Coors Brewing have agreed to combine their U.S. operations to create a venture with annual sales of $6.6 billion that will be a strong number-two player to Anheuser-Busch.
Beauty queens take off their tiaras on MTV
Several of the beauty queens will take part in a new MTV reality show which shows what happens when their crowns come off.
Millions ignore risks of ID theft bin-raiders
Eight out of 10 households throw out personal information with the rubbish that could enable fraudsters to steal their identity, researchers say.
Citigroup and Nikko to merge Japan securities business
Citigroup said on Tuesday it would merge its retail securities business in Japan with unit Nikko Cordial Corp, as part of the U.S. financial firm's push in the world's second-largest economy.
Large investors wary of new bull market
Institutional investors may be tilting away from risky assets just as equity markets across the world are hitting record highs.
Greenhouse gas emissions hit danger mark: scientist
The global economic boom has accelerated greenhouse gas emissions to a dangerous threshold not expected for a decade and could potentially cause irreversible climate change, said one of Australia's leading scientists.
Sony to cut PS3 prices in Japan and offer new model
Sony Corp said it would cut the price of its PlayStation 3 game console by 10 percent in Japan and launch a new model, in a bid to ignite demand in the run-up to the critical year-end shopping season.
Dollar continues to recover after U.S. jobs data
The dollar firmed against the euro on Tuesday as it continued to draw support from a more positive U.S. economic outlook and a growing view the Federal Reserve may not cut interest rates later this month.
Stock futures point to flat open
Stock futures were little changed on Tuesday with market attention on aluminum company Alcoa, which kicks off the quarterly earnings season.
Oil dips below $79
Oil extended its losses to ease below $79 a barrel on Tuesday, after a nearly 3 percent slump in the previous session amid a wider slide in commodities tied to a rebound in the U.S. dollar.
Chrysler, UAW talks intensify as strike deadline looms
With just over a day remaining until a strike deadline, representatives of the United Auto Workers union and Chrysler LLC bargained into Tuesday morning in a bid to reach a new contract for some 49,000 U.S. factory workers.
Iraq wants Blackwater to pay $136 million compensation
The government wants Blackwater to pay $8 million in compensation to each of the families of 17 people killed in a shooting.
Yum Brands posts higher profit, boosts forecast
Restaurant operator Yum Brands Inc reported better-than-expected quarterly earnings and boosted its full-year outlook on Monday, sending its shares up more than 4 percent in extended trading.
Dollar rises on speculation of improved economy
The dollar rose Monday on investor speculation that the U.S. economy may continue to show signs of strength and escape recession.
Gold falls on strengthening dollar
Gold fell after the dollar advanced against the euro on Monday, reducing the appeal of the precious metals as alternative investments.
Crude Oil Falls More Than $2 as Dollar Rebounds
Crude Oil Falls More Than $2 as Dollar Rebounds
Market slips with energy stocks, profit-taking
Blue-chip stocks dipped on Monday as a 2 percent drop in oil prices dragged the energy sector lower and investors locked in profits after Friday's rally.
Big write-downs loom at JPMorgan: analysts
JPMorgan Chase & Co Chief Executive Jamie Dimon has given investors plenty to worry about throughout the year, but they have shrugged off his cautionary remarks and embraced his couched reassurances. It might be time to reconsider Dimon's cautionary side after Merrill Lynch & Co Inc unveiled a $5.5 billion credit implosion last week.
UAW sets deadline in Chrysler labor talks
Negotiators from Chrysler LLC and the United Auto Workers were set to resume contract talks on Monday after the union set a deadline for wrapping up negotiations this week. The struggling No. 3 U.S. automaker has been given a 72-hour strike notice by the UAW as they negotiate a new labor agreement, a person familiar with the talks said on Monday.
U.S. downturn worries ease among investors
Worries about a U.S. economic downturn and its fallout across the world eased on Monday, lifting the dollar and Asian stocks although European shares took a breather after a five-session rally.
Sprint, Vonage settle patent dispute; shares soar
Wireless service provider Sprint Nextel Corp agreed to settle a patent lawsuit against Vonage Holdings Corp for $80 million, triggering a sharp rebound in the Internet phone company's shares on Monday. The news of a settlement pushed Vonage shares up 74 percent to $2 in early composite trade. However, they are still a fraction of their May 2006 initial public offering price of $17.
Oil plummets on rising dollar
Oil fell more than $1 on Monday to below $80 a barrel, tracking a firming U.S. dollar which rebounded from recent record lows.
Wall St flat on caution before earnings
Stocks were little changed on Monday as caution before the quarterly earnings reporting season offset a boost from falling crude oil prices.
Ratatouille a tasty treat at foreign box office
A delectable opening in Germany helped Ratatouille take the top spot at the international box office, with estimated weekend ticket sales of $19.7 million from 30 markets.
Futuristic car makes reversing obsolete
For all those drivers that hate parallel parking and anything else that requires the reverse gear, Nissan could one day have the car for you.
Samsung shipping new phones with Broadcom chips
Wireless chipmaker Broadcom Corp said on Sunday that number-two cell phone maker Samsung Electronics Co Ltd was shipping next-generation handsets that use its chips to cellular operators.
Sony to start selling 40GB PS3 in Europe this week
Sony Corp will start selling a new configuration of its PlayStation 3 video game console, with less built-in storage capacity, in Europe on October 10, priced at 399 euros, the company said on Friday.
Zune plays new tune with social networking
Microsoft's introduction of three new Zune media players, combined with an updated version of the Zune digital music service, suggests that the relatively lackluster response to the initial Zune offering has not fazed the computing giant from advancing its digital music agenda.
Google shares hit new high at $600
Shares of Web search leader Google Inc. hit a new benchmark of $600 in early trading on Monday, fueled by investor confidence in the strength of its Internet advertising technology. Google shares briefly hit $600 for the first time, a key threshold for the company which priced at $85 per share at its initial public offering in 2004.
Healthscope, Symbion agree new $2.5 billion deal
Australian healthcare firm Symbion Health Ltd will be broken up and sold to Healthscope Ltd and private equity firms in a A$2.8 billion ($2.5 billion) deal aimed at sidestepping opposition to a tie-up from a rival suitor.