INVESTMENT

Although no team would likely ever admit to purposely tanking games, it's clear that a few teams are hoping to end up with the worst record in the league in order to draft Stanford quarterback Andrew Luck.

Stocks suffered their worst loss in two weeks on Monday after comments from Germany's finance minister caused investors to fear Europe's solution to its debt crisis may not come fast enough.

At the News Corporation annual shareholder meeting Friday, those in attendance will get the chance to vote on splitting the role of Chairman and CEO.

For the first time, activist investor Carl Icahn declared he will not participate in shareholder efforts to shake up BlackBerry developer Research in Motion.

Jon Stein got a good education in economics at Harvard and Columbia Business School. In nearly every economics class, Stein said he was taught that for any investor who doesn't have better market information than another there's just one optimal portfolio to own: The market portfolio.

The Kenyan shilling reversed earlier losses to close firmer against the dollar on Monday for the fourth straight session, helped by new limits on the amount of foreign exchange banks can hold, while stocks edged up on bets the recent sell-off was overdone.

Massmart Holdings, the South African retailer majority owned by Wal-Mart Stores, said on Monday first-quarter sales rose nearly 15 percent, and forecast a solid year ahead.

Tanzania's food and energy costs pushed the inflation rate to 16.8 percent year-on-year in September from 14.1 percent in the previous month, and analysts expected consumer prices to continue accelerating at least until the turn of the year.

Nigeria's trade unions have warned President Goodluck Jonathan there could be civil unrest if the go-ahead is given to remove the fuel subsidy the government says will cost 1.2 trillion naira this year.

Amid what appears to be increased support by a portion of the electorate for substantive economic and fiscal policy change, President Barack Obama begins a three-day, two-state bus tour through North Carolina and Virginia for what the administration hopes will be a momentum builder to pass a revised jobs bill.

Huntsville, Alabama to give $250,000 to cash-strapped space center.

The U.S. wireless industry is rolling out more consumer-friendly billing practices, fending off a plan by communications regulators to impose new rules against unexpected charges.

Billionaire investor Nelson Peltz's Trian Group called for change at custody bank State Street Corp and suggested the company should consider spinning off its investment management business in order to unlock value.

Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?

Former Fox News talk-show host Glenn Beck said the Occupy Wall Street protests that have grown in the past four weeks are part and parcel of a communist plan to collapse the U.S. economy.

Bill Gross, manager of the world's largest bond fund, apologized to his investors late Friday for his poor performance, saying, I'm just having a bad year.

Saudi Arabia's central bank is not interested in buying distressed or speculative assets such as troubled European debt and gold, and the OPEC member's banks are well-positioned to withstand the Eurozone crisis.

The Occupy Wall Street protest movement in the United States represents the arrival of a global wave of social and political turmoil, according to economist Nouriel "Dr. Doom" Roubini.

Thousands of people protested outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, on Saturday in solidarity with the Occupy Wall Street movement.

Greece is not able to pay back its current debts even over the course of generations, according to Andreas Schmitz, president of BdB, a German bank lobbying group.

The Microsoft Corp. announced the closing of its $8.5 billion deal to acquire Skype Global, on Thursday. The Redmond, Wash.-based company originally disclosed its intention to do so on May 10.