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BSE Sensex

BSE Sensex Snaps 3-day Gains; Bharti Airtel Rises

The BSE Sensex was subdued on Friday as some profit-taking emerged after the index rose more than 3 percent in the last three sessions, and as weak Asian markets ahead of key U.S. jobs data dented investor sentiment.

Gasland director responds to arrest; court date set

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GasLand director Josh Fox has been processed and released following his arrest at the U.S. Capitol on Wednesday. Fox, who was charged with unlawful entry for trying to film a House Science Committee meeting on hydraulic fracturing -- aka fracking -- is due in court on the matter February 15.

Fed Still Divided as Fisher Sees no Need for QE3

The U.S. Federal Reserve building is seen in Washington
A third round of large-scale asset purchases by the Federal Reserve is not needed and would compound the difficulties of tightening monetary policy when the time finally comes, a top Fed official said on Thursday.
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Eurozone Aims to Agree on Second Greek Bailout by Feb. 6

Eurozone finance ministers aim to agree a second financing package for Greece on Monday, a decision they hope will boost market confidence in euro zone public finances and help contain the two-year-old sovereign debt crisis.
Obama Washington Auto Show

Obama's Auto Bailout Success Story Will Prove Crucial in Election Fight vs. Romney

Picture President Barack Obama's reelection campaign as a showroom. Over there, at one stand, is an overall improving economy -- he hopes. And somewhere in the showroom, either as a part of the economy stand or standing on its own, will be the health and restoration of the United States automotive industry. If the past week and a half is any indication, Obama plans to use it as a critical point in his reelection campaign as the industry continues a dramatic recovery from dire straits just mor...
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Schwab Client-Waiver Spurs FINRA Complaint

Wall Street's own watchdog filed a complaint against Charles Schwab Corp on Wednesday accusing the online brokerage of requiring customers to waive their rights to pursue class actions against the firm, a violation of industry rules.
A real estate for sale sign is displayed outside a home in Chandler Heights, Arizona

Mortgage Deal Would Give States Enforcement Clout

A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.
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Teacher in cockroach and bondage case held on bail

A former Los Angeles area teacher accused of taking bondage-style photos of students, some with cockroaches on their faces, was ordered held on $23 million bail on Wednesday as authorities said more possible victims had come forward.
Flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York

JPMorgan Slashes $710M Lehman Bankruptcy Claim

JPMorgan Chase & Co has agreed to drop almost all of a $710 million claim against Lehman Brothers Holdings Inc's bankruptcy estate, freeing up more money to be distributed to creditors, Lehman said on Wednesday.
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AMR Wants to Cut 13,000 Jobs, End Pensions

AMR Corp, the parent of bankrupt American Airlines, wants to slash 13,000 jobs and terminate employee pension plans as part of a cost-cutting strategy the carrier says is necessary to compete with rivals.
Don Cornelius and ex-wife Victoria Chapman

Don Cornelius, Wife Ended Bitter Divorce Battle Before Death

Don Cornelius, the creator of Soul Train, was found dead in his Sherman Oaks, Calif., home Wednesday morning. In the past few years the music-industry legend has faced a tumultuous time with his health and his personal relationships, including that with his second wife Viktoria Chapman-Cornelius.

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