Kazakhstan to Build a Third Gold Refinery
Kazakhstan plans to begin construction of a third gold refinery next year to process an expected increase in volumes of the precious metal, the country's Industry Ministry said on Monday.
A Bridge Too Far? U.S. Infrastructure's Future Depends on Current Debate
Fixing all the nation's structurally deficient bridges bears a $70.9 billion price tag, according to FHWA estimates. But in a political and economic era where consensus and money are in short order, the odds of a wholesale fix are slim to none. Lawmakers have until the current spending program runs out in March to find a fiscal solution.
Reliance's Hollywood gamble has yet to pay off
Since Reliance Entertainment stormed Hollywood with hundreds of millions of dollars in cash three years ago, the Indian media conglomerate has seen precious little for its investments, with no movies released as a result of development deals and DreamWorks thus far struggling at the box office.
Markets Give Up Hopes For Lasting Euro Zone Solution
After another week of confusion and turmoil in Europe, investors are ditching whatever hopes they once had for a conclusive solution to the debt crisis.
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Sergio Ermotti to Be Appointed Permanent UBS CEO: Report
Interim CEO Sergio Ermotti will be appointed permanent CEO of Swiss bank UBS ahead of the bank's investor day on Nov. 17, a Swiss newspaper reported, citing unnamed sources close to the matter.
PepsiCo-Tingyi Deal Centers on Mainland China Bottling Assets
PepsiCo Inc. has agreed to sell its interest in 24 soft-drink bottlers in China to the Hong Kong-listed Tingyi Holding Corp.
CFTC Chief Won't Participate in MF Global Review: Report
The head of the U.S. futures regulator working on a sweeping review into the business practices of failed futures brokerage MF Global Inc. said he will not be participating in any further parts of the inquiry, a source told Reuters Friday.
Wall Street Week Ahead: Coping with Chaos in Europe
U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it is completely unclear when the next upheaval will come.
The Occupy Occupy Wall Street Movement: The 1 Percent Fights Back; Tavis Smiley Responds [PHOTOS]
Amidst the protests against Wall Street, the 1 percent has formed their own movement and is fighting back.
Groupon Shares Jump 30 Percent on Day One to Close at $26.11
Shares of Groupon rose from their $20 IPO price to close at $26.11, a 30.55 percent jump. However, the closing price was below its opening price of $28.
Videocon Planning to Sell 25 Percent Stake
Videocon Industries is looking to sell a 25 percent stake in its direct-to-home broadcast services business for roughly $75 million to $100 million.
Groupon's IPO biggest by U.S. Web company since Google
Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by a U.S. Internet company since Google Inc raised $1.7 billion in 2004.
Starwood Property Trust Net Income Drops to $14.5 Million, Citing CMBS Slowdown
Barry Sternlicht's Starwood Property Trust reported net income in the third quarter of $14.5 million, down from $22.7 million in the same period in 2010.
Best Places to Buy Art on Each Continent
Find out the best places to score both an amazing piece of art and a great deal on every continent!
Central GoldTrust Sells 2.65M Units for $180M
Calgary-based Central GoldTrust, a closed-end trust that holds gold bullion for investors, said Friday it sold 2.65 million units for $180 million.
Hermes Raises Full-year Sales Goal
French luxury group Hermes raised its full-year sales forecast on Friday after third-quarter growth beat its initial target, pulled by buoyant demand for the 174-year-old brand in Europe, the Americas and Asia.
Jobs Report Contains Modest Good News for Seekers
The U.S. economy added a modest 80,000 jobs in October -- below what economists expected -- but job gains for the prior two months were revised higher: September to 158,000 from the initially-released 103,000; and August to 104,000 from 57,000. And the latter suggests a job market that continues to heal.
HCL Infosystems Profit Plunged by 74 Percent
Quarterly net profit of HCL Infosystems plunged 74 percent as its flagship computer retailing business suffered in an economic slowdown worsened by lesser government investment in computing and office automation business.
Groupon Raises $700 Million, Biggest Internet IPO Since Google
Groupon Inc. raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
Post-Market NASDAQ Movers (OPWV, GTXI, SKUL, EVEP, ARRS, OPTR, KEYN, ENTR, GLUU, SWKS)
The top after-market NASDAQ Stock Market gainers are: Openwave Systems, GTX, Skullcandy, EV Energy Partners, and Arris Group. The top after-market NASDAQ Stock Market losers are: Optimer Pharmaceuticals, Keynote Systems, Entropic Communications, Glu Mobile, and Skyworks Solutions.
'Wall Street Artist Sets Sights on Corzine
Artist Geoffrey Raymond, famous for his paintings of troubled Wall Street figures, has found his next muse in MF Global Holdings Ltd's Jon Corzine.
Groupon raises $700 million in biggest Internet IPO
Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
Drew Barrymore tops list of Hollywood's overpaid
Some might argue that all stars are overpaid, but Drew Barrymore and Eddie Murphy are in a league of their own, according to a survey conducted by Forbes.com and published on Thursday.
Endgame Entertainment launches new venture
Production and financing company Endgame Entertainment has set up a $150 million fund to provide marketing and distribution funding for wide release movies, the company announced Thursday.
Short sellers still see green in battered solar sector
Short sellers who banked on a fall in the price of solar stocks this year pocketed big returns and are already positioning themselves for another go at the battered sector.
Apple to Fix iPhone Battery Life 'in a Few Weeks' [TIPS]
While iPhone customers have been flocking to Apple forums to find solutions for the measly battery life on the new iPhone 4s, Apple has kept quiet; until now, Thursday, when the company admitted that there were a few bugs in the latest iOS 5 operating system that they would aim to fix in a few weeks.
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