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Spanish Prime Minister Rodriguez Zapatero

Worsening Debt Crisis Means Euro Zone Could Fall Apart: CEBR

With signs emerging that the financial foundations of two of Euro Zone's founding members -- Italy and Spain -- are shaken badly by the worsening debt crisis, the continued existence of the euro area grouping has become doubtful, according to a major think tank.

Intervention hits yen, stocks fall for third day

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The yen tumbled on Thursday as Japanese authorities intervened to curb its recent gains, though gold stayed near a record high on uncertainty over whether the European Central Bank would join the fray by resuming bond purchases to fight a crisis of confidence.
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KKR's lower earnings miss estimates, shares fall

Private equity firm KKR & Co reported lower-than-expected second-quarter earnings on Wednesday as investment income declined and the value of its investments rose less than the previous year, sending its shares lower.
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Pfizer global drug sales fall, spark concern

Pfizer Inc showed further weakness in its main business of prescription medicines, sending shares down more than 3 percent on concern over future growth as the company prepares to divest better-performing non-pharmaceuticals businesses.
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Asian stocks fall on weak data; eyes on yen

Asian shares fell on Tuesday as sluggish U.S. and global manufacturing data added to concerns about the health of the world economy, while a strengthening yen prompted speculation that Tokyo may intervene in the markets to curb the currency.
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Asian stocks fall on data, US debt; eyes on yen

Asian shares fell on Tuesday on concerns about a downgrade of the United States credit rating and economic worries after sluggish data, while the yen gave some gains on jitters over the possibility of intervention by Bank of Japan.
Half Dome

Young Woman Falls to Her Death at Yosemite National Park

Park spokeswoman Kari Cobb told the Associated Press that Haylee LaFlamme of San Ramon, Calif., was hiking with three friends on Sunday when she slipped while descending the enormous granite dome, falling on the shoulder of the dome.
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Total profits fall despite higher oil prices

France's Total posted lower quarterly earnings on Friday as higher crude prices failed to make up for unfavorable exchange rates, production losses in the North Sea and Libya, and a weak refining business.
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Sprint results disappoint, shares fall 16 percent

Sprint Nextel posted second-quarter profit margins well below Wall Street estimates, sending its shares down 16 percent as the No. 3 U.S. mobile provider still lost more subscribers than expected despite spending heavily to fight off rivals.
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Sprint inks LightSquared deal, shares fall

Sprint Nextel announced a $9 billion network contract but its shares fell 9 percent as investors were disappointed that the No. 3 U.S. mobile provider did not give a strategy for the future.
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Instant view: Jobless claims fall below 400,000

New claims for unemployment benefits fell more than expected last week, dropping below the key 400,000 level for the first time since early April, according to a government report on Thursday that pointed to some labor market improvement.
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Jobless claims fall below 400,000

The number of Americans claiming new unemployment benefits last week dropped below the 400,000 level for the first time since early April, a hopeful sign for the economy which has struggled to regain momentum.
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Stocks, dollar fall as debt default looms

Global stocks fell to their lowest in more than a week on Thursday, knocked down by mounting concerns about a U.S. debt default which also kept the dollar subdued against the safe-haven Swiss franc and the yen.
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Stocks fall, Australia dollar up on debt deadlock

Asian stocks slid more than 1 percent in thin volume on Thursday as investors trimmed positions with just three trading days to go before a deadline to lift the U.S. debt ceiling, while the Australian dollar showed resilience in the face of global sovereign risks.
Microsoft Mango could be Steve Ballmer's best bet ever

Microsoft Mango Set to Tango This Fall

Microsoft has released the new version of Windows Phone (codenamed Mango) to device manufacturers and it seems the Japanese will get to try it first, as early as September.
Washers and dryers are seen on display at a store in New York

June Durable Goods Orders Fall on Transportation

New orders for long-lasting U.S. manufactured goods fell in June and a gauge of business spending plans slipped, supporting views that the economy will not emerge quickly from its current soft patch.
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New home sales fall in June, prices rise

New single-family home sales unexpectedly fell in June, but a sharp rise in prices and declining supply suggested the market for new houses was starting to stabilize, a government report showed on Tuesday.
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Canon posts Q2 earnings fall, lifts forecast

Canon Inc <7751.T> posted a 30.9 percent decline in quarterly operating profit on Monday, hurt by production halts due to parts shortages after the March 11 earthquake, but it raised its full-year forecast due to a faster recovery than expected.
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Stock index futures fall as debt talks collapse

Stock index futures dropped on Monday as a political impasse in Washington's debt ceiling talks fueled worries of a U.S. default, knocking world equities lower and pushing gold to a record high.

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