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Gundlach surprise final witness at L.A. trial

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Star bond fund manager Jeffrey Gundlach made a surprise third appearance on the witness stand on Monday in his high-stakes trial with his former employer, Trust Company of the West.
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TSX slides on Greek-default, growth fears

Toronto's main stock market index fell sharply on Monday morning following a steep sell-off in global equities and commodities on mounting fears over Europe's debt crisis and slowing global growth.
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A woman talks on her phone as she walks past T-mobile and Sprint wireless stores in New York

Sprint/T-Mobile Deal May Fare Better with Regulators: Analyst

AT&T, Inc.(NYSE:T), the second-largest wireless carrier in the U.S., faces an uphill battle as the Department of Justice's (DoJ) action and upcoming Federal Communications Commission (FCC) action suggests a philosophy of too much wireless M&A too soon.
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Can Cook be an Effectual Entrepreneur Like Jobs?

With Tim Cook taking over the role of Steve Jobs the question raised is whether he can fill the shoes properly. Certainly he can if he is capable of focusing on the below five dimensions of being an excellent effectual entrepreneur.
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Artists Set to Win European Music Copyright Battle

Musicians are likely to win longer copyright protection of their work in Europe next week, helping artists and record labels as music revenues decline, and bringing Europe closer into line with the United States.
A U.S. flag flies outside an entrance to the New York Stock Exchange

Wall Street tumbles as ECB discord stirs fears

U.S. stocks tumbled on Friday after the top German official at the European Central Bank resigned in protest of the bank's bond-buying program, which has been a major tool in fighting the region's debt crisis.
Secretary Kathleen Sebelius

HHS Shells Out $700 Million For Community Health Centers Nationwide

The U.S. Department of Health and Human Services (HHS) on Thursday announced the availability of two funding opportunities for community health centers to help build, expand and improve community health centers across the U.S. to provide needed care to low-income Americans.
Locke calls for open trade, investment in China-U.S. relations

Locke Calls for Open Trade, Investment in China-U.S. Relations

China and the United States should reduce trade and investment barriers to create jobs, U.S. Ambassador to China Gary Locke said on Friday, striking a broadly cooperative tone in his first official public address since assuming the position in August.
A man walks out of a McDonald's restaurant in New York

McDonald's August Sales Miss; Japan Drags

McDonald's Corp (MCD.N) reported a lower-than-expected rise in worldwide August sales at established restaurants on a steep drop in Japan and a lull in new product launches in the United States.
Yahoo! Inc.

5 Mistakes Carol Bartz Made as Yahoo CEO

Now that Yahoo is searching for a new CEO and activist investor Daniel Loeb’s Third Point is trying to stir the pot, here are some things that former CEO Carol Bartz could have done to keep her job:
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Gold Demand to Rise Later This Year - World Gold Council

Gold demand which dropped in the second quarter of this year is expected to strengthen by the end of 2011, driven by robust jewelry consumption in India and China and recovery in investment demand, senior World Gold Council (WGC) officials said on Friday.
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European Markets Continue Slide

European shares kept falling Friday, with investors disappointed on U.S. stimulus measures, and banks lower after Goldman Sachs downgraded target prices across the sector.

China Inflation, Growth Cool, Heralding Rate Pause

China's inflation pulled back in August from a three-year high while economic activity slowed, underlining expectations that the central bank can hold off on further tightening of monetary policy in the face of a global economic slowdown.
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European Markets Start Trading Day Down

European shares fell early on Friday, tracking Wall Street's Thursday losses, after U.S. Federal Reserve chairman Ben Bernanke gave no indications of new stimulus measures.

China Inflation Cools; Monetary Tightening Put Off

China's inflation pulled back in August from a three-year high, underlining expectations that price pressures have peaked and the central bank can hold off on further tightening of monetary policy in the face of a global economic slowdown.
A Bank of America sign is pictured outside a bank branch in Charlotte

BofA Reported Considering 40,000 Job Cuts

Bank of America executives have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal reports, citing people familiar with the plans.
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Australia's Westfield eyes Toronto development

Australian mall developer Westfield Group is looking at a possible investment in a waterfront site in Toronto, Canada, the company said on Thursday, after recently announcing expansions plans in Europe and South America.

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