An auction of Chinese dissident artist Ai Weiwei's porcelain sunflower seeds at Sotheby's in New York on Wednesday has fetched almost $800,000 - but it's unclear how much of the money will find its way to the hundreds of Chinese workers who made them.
U.S. Securities and Exchange Commission (SEC) regulators are monitoring JPMorgan Chase & Company (NYSE: JPM) following the disclosure that the bank lost $2 billion in bad hedging action carried out by the so-called Whale of London, SEC Chairwoman Mary Schapiro said Friday.
A new poll will have to be called if parties cannot reach a consensus by next Thursday, as the risk of Greece's exit from the euro looms closer.
A detailed look at the latest news involving Chelsea's transfer targets for this summer.
JP Morgan Chase and Co. (NYSE: JPM) shocked the markets Thursday by announcing it would be booking mammoth losses in the range of $3 billion this quarter as a result of a hedged bet gone bad. But what exactly was that bet?
Many psychiatrists believe a new edition of a manual designed to help diagnose mental illness should be shelved for at least a year for further revisions, despite some modifications which eliminated two controversial diagnoses.
He also declared that rumors that Pakistan?s military and intelligence network were protecting Osama are ludicrous.
The Qatar Investment Authority (QIA) is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc (NYSE: RDS.A), Eni SpA (NYSE: E), and Xstrata PLC (London: XTA), and the sovereign fund has already taken a holding Total SA (NYSE: TOT) and is pursuing avenues to invest in Glencore International Plc (London: GLEN), sources reported Friday.
Gold prices fell to a four-month low on Friday as worries over the financial health of Greeceand Spain and huge trading losses for JPMorgan hurt stock markets and the euro, prompting investors to seek refuge in the dollar.
A political deadlock would result in new snap elections sometime next month -- thereby creating even more anger and concern among Greece?s nervous lenders, particularly Germany.
Shares of JPMorganChase (NYSE: JPM) plunged 8 percent Friday after disclosing it had lost at least $2 billion in credit default swap trading.
Former 'Game of Thrones' actor Sean Bean was arrested and questioned by police in in London for harassing his ex-wife Georgina Sutcliffe.
The government proposes to hike the retirement age for public sector employees to 68 and also seeks substantially higher contributions from employees.
Japan?s current account surplus fell 8.6 percent in March compared to a year earlier, thanks largely to higher energy costs, the country?s Finance Ministry revealed Thursday. A stronger-than-desired yen is also weighing on export growth and it makes Japanese goods less competitive.
Officials of India's drug regulator have been colluding with pharmaceutical firms to speed up approval procedures, allowing some drugs that are not permitted in other countries to go on sale, according to an 18-month investigation by lawmakers.
Ever since the launch of the iPhone 4S in 2011, Siri has been an integral part of the Apple consumer experience. But while many experienced Users pretty much know what Siri can and cannot do, one group of researchers has decided to really put her capabilities to the test.
It was to be the first purpose-built retreat center for inhabitants of the world?s largest country, but plans for the £50m ($80m) Chinese holiday village in Wales were dealt a blow recently after inspectors deemed the design ?inappropriate.?
Jackie Green, the British teenager who made history by having sex change at the age of 16, is now looking forward to win Miss England after entering into semi-final of the beauty pageant.
A self-portrait of late Amy Winehouse, smeared with the singer's blood, has been put on auction. The portrait, Lady Like, was painted by singer Pete Doherty, who was a close friend of Amy, in collaboration with her.
Newly engaged Hollywood celebrities Brad Pitt and Angelina Jolie are planning a traditional wedding, incorporating a variety of customs from diverse ethnic cultures around the world.
Art buffs witnessed breathtaking sales Wednesday with Roy Lichtenstein's famous masterpiece - the 'Sleeping Girl' - fetching a record-breaking $45 million at Sotheby's auction in New York.
Brad Pitt already has a full plate with taking care of his six children with Angelina Jolie and helping to plan a wedding with her, but his work hasn't seemed to slow down. Pitt is now the new -- and first - male face of Chanel No. 5.
