Investor Confidence is Growing Scarce
Bank stocks are clearly trading as if a redux of Lehman Brothers is imminent.
Mahmoud Abbas' United Nations Speech on Palestinian Statehood: Full Text Transcript
Palestinian President Mahmoud Abbas addressed the UN General Assembly on September 22 to make a plea for Palestinian statehood.
Korean Savings Bank Chief Leaps to Death as Regulators Probe Irregularities
The bank’s operations were suspended last Saturday by the government due to suspected irregularities
Why is News Corp. Buying Back Its Shares?
Still burdened by an ongoing phone-hacking scandal at its British subsidiaries, Rupert Murdoch's company is aggressively buying back shares in an effort to buttress its share price. Assuming the shares remain at about $17, one analyst estimates News Corp. will have repurchased almost $2.2 billion in shares by as early as Nov. 7.
Troy Davis Execution: Michael Moore Calls for Georgia Boycott
Davis was killed by lethal injection on Wednesday after the U.S. Supreme Court refused to order a stay of execution.
Online Video of Gang Rape Causes Outrage in Nigeria
The 10-minute footage reportedly shows the five young men laughing and joking as they take turns abusing the woman.
Arab States and Iran Demand Israel Reveal Details of Its Nuclear Weapons Program
Israel has never confirmed nor denied the existence of a nuclear weapons program
Ted Nugent Supports Rick Perry, But Will Back Off From Working on Campaign
Famed rocker Ted Nugent is a close friend of Republican Presidential candidate Rick Perry, but said he will not take a close role in the Texas governor’s campaign since he might be viewed with distaste by much of the electorate.
Pakistan Outraged Over Admiral Mullen’s Accusations of Terror Link
Mullen testified before a Senate panel that: The Haqqani network... acts as a veritable arm of Pakistan's Inter-Services Intelligence Agency.
Zambia Election Results: Opposition Wins, China Watches Warily
Sata has long complained about undue Chinese influence upon the Zambian economy and political life.
Ahmadinejad’s U.N. Speech: Top 10 Most Surprising Statements
Top ten most surprising things said by President of Iran, Mahmoud Ahmadinehad, during his speech to the UN on Sept. 22, 2011.
U.S. Stocks Beaten Into Submission by Recession Fears
The Dow has lost 6.74 percent over the past four days.
China Blasts U.S.-Taiwan Military Deal to Upgrade Fighter Jets
China's defense ministry warned that the deal with Taiwan has caused serious damage to Sino-US military relations.
Denmark and Belgium ‘Second-Rate Powers’: UK’s Lord West
Insisting that the United Kingdom is still a top-tier military power, West decried the aforementioned European countries as “second rate.”
Dow Down More than 400 Points; Every Component in the Red
U.S. stocks are suffering a massive sell-off, with the Dow Jones Industrial Average plummeting more than 400 points, in the wake of a grim outlook from the Federal Reserve. Treasuries are rallying, the yield on the 10-Year note is at 1.76 percent, an all-time low.
Meg Whitman: The Best Choice for Hewlett-Packard's CEO?
Whitman, who failed to become Republican Governor of California last year after spending tens of millions of dollars in the campaign, is a highly controversial choice to lead the troubled HP.
Goodrich Shares Surge on United Technologies Takeover
The company said that about 75 percent of the acquisition will be financed by debt, with the remaining facilitated by stock issuance (amounting to $4.6-billion in new shares).
Top 5 Reasons Why Mitt Romney Has Better Chance of Winning GOP Nomination Than Rick Perry
Not everyone is convinced that Perry will actually come out ahead at the end of this long race.
Hewlett-Packard: A Crisis in Leadership and Strategy
Since mid-February, HP stock has lost more than half its value.
U.S. Stocks Plunging on Fed’s Grim Outlook on Economy
U.S. stocks have opened sharply lower in Thursday morning trading following an overnight plunge in global markets. Equities have tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy and the establishment bond swap program.
Investors Brace for Sell-Off in U.S. Stock Markets
Foreign equities tumbled largely in response to the Federal Reserve’s grim warning about the state of the U.S. economy.
Texting: The Good, The Bad and The Ugly
Almost one-third (31 percent) of Americans prefer texting their friends and family to calling them on their mobile phones.
Hewlett-Packard: Is Leo Apotheker to Blame for Company Woes?
During his brief stay at HP, Apotheker decided to dramatically shift the company’s strategy.
Troy Davis Execution: Death Penalty Cases in U.S. in Steep Decline
Davis was tried and convicted for the 1989 murder of Mark MacPhail, a police officer in Savannah, Ga.
iPhone 5 Release: The Tim Cook Era Begins at Apple
Analysts are widely expecting the device to deliver record-shattering sales numbers.
Palestinians Rally in Support of UN Statehood Bid
The crowded streets of every major West Bank city indicates that many Palestinians are throwing their support behind the initiative.
The Alcoholism Gender Gap: Why Are More U.S. Women Becoming Problem Drinkers?
More U.S. women are drinking booze and becoming alcoholics, according to a study by Columbia University’s Mailman School of Public Health. About one-fifth of women have at least three drinks per day, versus a figure of about 42 percent for men.
Facebook’s Postponed IPO: A Wise and Patient Strategy
Facebook’s management may view an IPO as a kind of “distraction” for its employees while the company is busy ramping up several new product lines and other projects.
Rupert Murdoch Should Step Down: Ted Turner
Turner noted that, at age 72, he is too old to run a corporation while Murdoch is even older.
Bank of America Would Be Foolish to Spin-Off Merrill Lynch
The stock price has been languishing for more than two years -- shares have lost almost half their value year-to-date.