INVESTMENT

AMR Corporation Files for Bankruptcy

American Airlines
R Corp. filed for bankruptcy protection in New York despite the fact that the company has more than a reported $4 billion in cash on hand. AMR shares, traded on the New York Stock Exchange, were halted earlier on the news. But after trading resumed, AMR Corporation common stock is trading down 85.93 percent on the day to 23 cents -- near a 52-week low of 20 cents.
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Gold

High Gold Price Keeps Indian Buyers at Bay

Simone Bora is contemplating the unthinkable - an Indian wedding without lavish amounts of gold - after record high prices and a sinking rupee dimmed her hopes of sparkling at the party.
The Yahoo! offices are pictured in Santa Monica

THL Eyes Buyout of Yahoo's U.S. Business

Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
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Glenn Close wore many hats for passion project Nobbs

Almost three decades after she first played her onstage, Glenn Close has brought to the screen the strange and compelling character of Albert Nobbs, a woman in 19th-century Dublin who lives as a man to escape a traumatic past and hang onto her job as a waiter in precarious times.
TMX Group Inc.'s CEO Thomas Kloet poses before the company's annual shareholders meeting in Montreal

TMX deal must preserve Montreal's status: watchdog

A former Quebec premier wants regulators to seek assurances that Montreal remain the center of Canadian derivatives trading before they approve a proposed C$3.8 billion takeover of the country's largest exchange operator.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

New Link Emerges Between Japan's Olympus and Veteran

EDocuments unearthed by Reuters show a new link between Japan's Olympus Corp and a veteran banker at the center of an accounting scandal engulfing the firm, as attention focuses on the role he played in the company's deal-making.
Greene

Manhattan's 60 Greene Retail Sold for $10.35 Million, 57-63 Greene Close to Deal

A retail space at 60 Greene Street in Manhattan's Soho neighborhood has sold for $10.35 million, according to New York City records, one of two recent deals that cement the street's reputation as a desirable retail strip. Across the street, 57-63 Greene's retail condo is close to a deal, according to David Schechtman of Eastern Consolidated, one of the listing brokers.
Herman Cain

Herman Cain Ad: '9-9-9: The Movie' Is a Risky Return to Roots

Herman Cain is returning to the message that launched him to the top of the polls in late September, before sexual harassment allegations and a series of foreign policy gaffes brought him back down: his 9-9-9 tax plan. On Monday, Cain's campaign released a six-minute animation called 9-9-9: The Movie -- Slaying the Tax Monster.
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Putin Delays Polyus Gold's LSE-Listing Plan

Gold miner Polyus Gold's plans for a premium listing on the London Stock Exchange have been delayed, after an investment committee chaired by prime minister Vladimir Putin said it would not consider approval for the move until 2012.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Exclusive: New link emerges between Olympus and veteran banker

TOKYO/HONG KONG - Documents unearthed by Reuters show a new link between Japan's Olympus Corp and a veteran banker at the center of an accounting scandal engulfing the firm, as attention focuses on the role he played in the company's deal-making.
China's Retail Market

Gap says to triple China network in 2012

Apparel brand Gap Inc said on Friday that it aims to triple its store network in China next year, one of the latest foreign brands to target the country's consumer spending growth.
General view of the Nokia flagship store in Helsinki July 18, 2011.

Nokia Jumps as NSN, Phone Demand Fears Ease

Nokia shares jumped on Monday as fears eased over a slump in a phone demand after signs of strong Black Friday sales in the United States, coupled with loss-making Nokia Siemens Networks (NSN) dismissing some expectations it would need to raise more money from its parents.
iOS7.1-jailbreak-iPhone4

iPhone 5 May Sport 4-Inch Display

Apple's next iPhone may sport a larger display, putting in line with some of its Android based competitors, and mark a departure from the current form-factor used since the iPhone first appeared in 2007.
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NSN CEO sees no more cash from Nokia, Siemens: report

The chief executive of Nokia Siemens Networks , the world's second-largest maker of mobile phone network equipment, has warned employees NSN cannot expect any more money from its parent companies, a German magazine reported on Sunday.
Alfonso Cano

FARC Rebels Execute Four Military Hostages in Colombia

Colombian FARC rebels executed four members of the security forces during a botched mission to free them after a decade as hostages, the most violent act by the group since troops killed its leader Alfonso Cano this month.

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