South Korean policymakers on Sunday played down any likely impact on the economy following the downgrade in U.S. credit ratings and told local investors not to panic when financial markets reopen.
Unions representing 45,000 Verizon Communications (VZ.N) workers called for a strike as negotiations failed for a new labor contract that expired at midnight on Saturday.
Barbadian pop star Rihanna spends £14,000 a week on her hair, shedding it out on one of Hollywood's leading hair stylists.
The fact that U.S. Treasury bonds managed to cling to their coveted triple-A rating this week failed to impress several prominent bond fund managers, who say they are lightening up on Treasuries and stocking their portfolios with corporate bonds instead.
China holds a large amount of U.S. debt. Xinhua, the official press agency of China, issued a commentary on Aug. 6 titled After historic downgrade, U.S. must address its chronic debt problems. The commentary stated that the days when debt-ridden Uncle Sam could leisurely squander unlimited overseas borrowing seemed to be numbered because S&P slashed the country's AAA rating for the first time.
Part of the problem is that the downgrade (while perhaps not a total surprise) arrived somewhat unexpectedly ? and during a period when markets are already extremely volatile and fragile.
It looks like Zynga?s infrastructure strategy is rubbing off on social gaming startups. Digital Chocolate, purveyor of social games such as Millionaire City and Pro MMA Fighter, is following in Zynga?s footsteps of launching games in the cloud, then bringing them back in house when demand levels off. It doesn?t have Zynga?s much ballyhooed hybrid cloud infrastructure quite yet, but Digital Chocolate is working on its own flavor of the ideal gaming cloud.
The crumbling of mega-merger talks between Japanese industrial behemoths Hitachi (6501.T) and Mitsubishi Heavy Industries (7011.T) threatens a rare opportunity for Japan to improve its global competitiveness by consolidating century-old companies.
Guidewire Software Inc, which sells software to the insurance industry, is gearing up to go public and has selected JPMorgan Chase & Co (JPM.N) and Deutsche Bank (DBKGn.DE) to underwrite the deal, people close to the matter said.
Where can investors hide when even gold and cash look dicey?
NASA's solar-powered Juno spacecraft lifted off from Cape Canaveral Air Force Station in Florida at 9:25 a.m. PDT (12:25 p.m. EDT) Friday to begin a five-year journey to Jupiter.
Around 20 years ago, Andrew Dice Clay was a major star on Hollywood's comedy radar with chart-topping CDs, large audiences on TV and sold-out venues as big as Madison Square Garden, but it all came crashing down.
Veteran Hollywood Talent Manager Pat O'Brien has been convicted of violating the Krekorian Talent Scam Prevention Act of 2009, for charging advanced fees to parents of aspiring child actors.
Brocade's share plunge could mean Internet traffic growth is slowing
According to a new report from the Defense Department Inspector General, the U.S. Army failed to properly test five million plates of body armor that were to be used to protect soldiers on the battlefield.
Traders appear to be focusing on the European debt crisis, which is reaching emergency levels.
The crumbling of mega-merger talks between Japanese industrial behemoths Hitachi <6501.T> and Mitsubishi Heavy Industries <7011.T> threatens a rare opportunity for Japan to improve its global competitiveness by consolidating century-old companies.
A rebel spokesman claimed that Libyan leader Moammar Gadhafi's youngest son Khamis was killed in a NATO airstrike on the Western town of Zlitan.
I am thinking about relocating within the state. I've been using a functional résumé due to the fact that I have quite a few employment gaps. In the past three years, I have had two children, and because my pregnancies were considered high risk, I had to stay home on bed rest. I have a bachelor's degree in business administration with a specialization in accounting and I'm finding it difficult to get my foot in the door for an entry-level position in accounting.
The top pre-market NASDAQ Stock Market gainers are: MannKind, priceline.com, ASM International, Web.com Group, and Qiagen. The top pre-market NASDAQ Stock Market losers are: Imperial Sugar, MIPS Technologies, Hansen Medical, First Solar, and Tesla Motors.
The decision by Fidelity National Information Services Inc (FIS) and Misys plc (London: MSY) to abandon takeover discussions has sent the Misys share price into a tailspin, inevitably accompanied by a degree of unwind of risk-arbitrage positions, Jefferies said in a note to clients.
Getting a lot of out-of-office emails and feeling some vacation envy? You may feel like you?re the only one left in town during these dog days of summer, but that?s not the case.