UK, European Stocks Deliver Worst Quarter in 9 Years
European and British stock markets have suffered their worst quarterly performances since 2002, as fears of a crippling Eurozone debt crisis and risks of another global recession have battered equities in Britain, Germany and France.
Gadhafi Spokesman Captured Near Sirte; Niger Won’t Extradite Son Saadi
His whereabouts had been a mystery for weeks.
Fourth-Quarter Seasonality Portends a Positive Surprise
Although the global economy is struggling to avert a recession, we also know that central banks are working very hard to provide sufficient liquidity to ensure a smooth ride through year-end.
Iranian Pastor Sentenced to Death: Global Reaction
The imminent execution of an Iranian pastor, Youcef Nadarkhani, for the crime of apostasy (converting from Islam to Christianity) has prompted the wave of outrage and concern around the globe:
Bomb Blast Strikes Antalya, Turkey; One Dead
Deputy Governor Recep Yuksel said the attack occurred in Goynuk, on the city's outskirts of the city, and far from areas frequented by tourists.
Why Chris Christie Should Wait Until 2016 to Run for President
Republican New Jersey governor Chris Christie will reportedly announce his candidacy for the Presidency on Monday,
Former HP Boss Apotheker Walks Away With More Than $13 Million
Leo Apotheker, the recently fired CEO of Hewlett-Packard, will take with him more than $13 million in cash and stock as part of his severance agreement, according to an SEC filing.
Iranian Pastor Sentenced to Death: Attorney Hopeful of Acquittal
Youcef Naderkhani has refused to renounce his Christian faith in a case that has sparked global fury against Iran and appeals for clemency.
Amanda Knox: Prosecutor Warns She Will Flee Italy if Murder Charge Overturned
Knox‘s ex-boyfriend Raffaele Sollecito, 27, is also appealing his murder conviction in connection with Kercher’s death.
Chinese Stocks Listed on U.S. Exchange Hammered by DoJ Probe Into Accounting Fraud
There have long been suspicions that Chinese companies which are listed on U.S. bourses do not adhere to strict accounting standards
Bears’ Dan Hampton Snubs Obama’s White House Invitation
Hampton, who was named to the Hall of Fame in 2002, was also peeved that family members weren’t invited.
Typhoon Nesat Slams Into Hainan, China, Moving Toward Vietnam
The storm has already caused significant damage in the Philippines –killing at least 39 people and rendering another 45 missing -- and also shut down activity on Hong Kong.
Chavez Denies U.S. Media Reports of Kidney Failure
Chavez, 57, who has been in power since 1999, is undergoing treatments for cancer.
Bank of America to Roll Out $5 Monthly Fee on Most Debit Cards
Bank of America Corp. plans to impose a $5 monthly fee starting early next year on customers who make purchases on their debit cards.
Amazon Kindle Tablet: It’s All About Digital Content, Not Challenging Apple
Shares of online retailer Amazon.com (Nasdaq: AMZN) jumped on Wednesday after the company unveiled its new, cheaply priced Tablet computer called Kindle Fire as a potential challenger to Apple Inc.’s (Nasdaq: AAPL) celebrated iPad. But is it really a case of apples and oranges?
Threat of Volcanic Eruption Spurs Evacuation on Canary Islands
The Canary Islands are an archipelago of more than a dozen islands that are an autonomous region of Spain.
Stocks Jump on German Bailout Vote, Benign US Economic Data
Financial stocks are particularly buoyant -- Morgan Stanley (NYSE: MS) is up 5.2 percent.
Greece May Have to Slash Up to 200,000 Public-Sector Jobs
The Greek government faces the unenviable task of cutting tens of thousands of public sector jobs as demanded by Eurozone officials in exchange for the next tranche of bailout money for the beleaguered nation.
Nokia to Cut 3,500 Jobs; Close Romania Factory
Nokia shares have plunged almost 49 percent year-to-date.
UK Home Secretary Approves Extradition to South Africa of Honeymoon Murder Suspect
He has 14 days to file an appeal to the High Court against the decision.
Facebook’s Mark Zuckerberg Hunts and Kills Bison
Zuckerberg recently got a hunting license and shot and killed a bison for his dinner table.
Walter Payton’s Life Scarred by Drug Addiction, Suicidal Thoughts, Infidelity: Book
After the Hall of Fame athlete's career ended in 1987, the depressed retiree descended into a state of heavy self-medication.
Is China Pressuring South Africa to Block Dalai Lama Visit?
The Dalai Lama was scheduled to attend the 80th birthday of his friend and fellow Nobel Peace Laureate, Archbishop Desmond Tutu in early October.
U.S. Stocks Moderately Higher on Hopes for Greek Bailout
Stock indices have shown three consecutive days of gains. Indeed, the Dow had jumped 4.3 percent over the past three sessions, following deep losses incurred last week.
France Rejects Rwanda Extradition Bid for Suspected Genocide Criminal
Agathe Habyarimana, 69. has been a resident of France for seventeen years, and denies any culpability for the genocide
Time Running Out for Greece as Bailout Decision Hangs on Debt Reduction
A decision of providing the Greek government with more badly needed bailout cash hinges on a review of Athens’ debt-reduction progress by officials from the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF).
UK Government Opposes EU Financial Tax
If implemented, the tax would come into effect in 2014 and is expected to generate about $78 billion annually.
Occupy Wall Street: Top 10 Things Overheard at Rally
Occupy Wall Street: Top 10 Things Overheard at Rally
Why Would Carl Icahn Want to Buy Stake in Blackberry-Maker RIMM?
Reaction to the Icahn rumor may reflect the immense amount of investor frustration over a company that has rapidly lost its way.
Goldman Sachs May Cut Up to 3,000 Jobs Ahead of Expected Third Quarter Loss
The brunt of job cuts will likely occur in Europe and The United States.