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Jeff Bezos

The Amazon Smartphone? Plausible Way To Extend Reach, Brand ID

Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, could be on the verge of selling its own smartphones which would be made by the same Taiwanese contractor used by Apple (Nasdaq: AAPL), the world's most valuable technology company, reports said.

Amazon Joins Smartphone Wagon With New Android Phone

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The smartphone phenomenon has found its latest suitor in Amazon. Following the footsteps of Apple, mobile handset manufacturers, including giants such as Nokia, Samsung and HTC, forayed into the high technology market and witnessed significant change of fortunes. Now, the segment has attracted a new contender with Amazon's reported entry into the market.

NYSE Gets OK To Compete Directly With 'Dark Pools'

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The owner of the New York Stock Exchange, whose share of trading in companies it lists has fallen in the last nine years to below 25 percent from 82 percent, received approval from U.S. regulators to offer similar services to rivals who are taking its customers.
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Italian Bond Markets Rally After EU Summit

The Italian bond market rallied on Tuesday as optimism among investors grew in anticipation of further growth measures from European leaders following the EU summit last week.
Mervyn King

Bank Of England Cracks Down On Cheating Banks

The Bank of England (BoE) is cracking down on large financial institutions to prevent them from cheating businesses and consumers worldwide -- a practice that has put a $360 trillion global financial market at serious risk for several years.
Sami Elias

Tough Luck: Crime Fighter Bumps Into Retail Theft Suspect In Casino

Unbeknownst to the 54-year-old Kentucky resident, gambler and accused grand theft shoplifter, just a short walk away from the New Orleans casino he was sitting in recently was a veritable who's who of anti-theft officials for some of the largest retail chains in the country.
US Supreme Court

Retailers To Fight Supreme Court Health Care Decision

After the Supreme Court health care decision, the National Retail Federation, the world's largest advocate for merchandisers, said Thursday the law is too complicated and difficult for businesses to implement and administer.
Asian Stocks

Asian Stock Mostly Higher; Summit Doubts Cap Gains

Asian stock markets mostly advanced Thursday as better-than-expected economic data from the US buoyed sentiment, but gains were capped as investors are being cautious ahead of the EU summit later in the day.
Japanese Bank Note

Japan Retail Sales Growth Slows Down In May

Japan?s retail sales growth slowed down in the year to May compared to April indicating that private consumption is getting affected by the faltering global economic conditions.
India's Prime Minister Manmohan Singh attends the Indian labor conference in New Delhi November 23, 2010

Singh Takes Over Indian Finance Ministry; What He Must Do Now

Indian Prime Minister Manmohan Singh took charge of the finance ministry on Wednesday and has initiated action to set up a unified mechanism for the ministry. The prime minister held a meeting with his key advisors and officials in this regard on Wednesday, local media reports said.
Raindrops are seen in front of an Apple logo outside an Apple store in Shanghai

Apple Facing Justice Dept. Discrimination Accusations

Applesauce might be on the menu if Apple Inc. (Nasdaq: AAPL) doesn't take swift actions to ameliorate members of a coalition representing Iranian-Americans and speakers of Farsi who were allegedly denied sale of iPads and other merchandise by Apple store employees in recent weeks.

Italy To Bail Out Old, Broke and Crooked Bank

Banca Monte dei Paschi di Siena SpA, a 540-year-old financial institution commonly called Europe's oldest bank, was the newest Continental house of finance to receive a government bailout, after the Italian Treasury granted the bank a ?3.9 billion ($4.87 billion) credit lifeline Tuesday. The rescue came even though Monte dei Paschi is seen as basically insolvent by the markets and is led by a banker currently under criminal indictment.

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