MANAGEMENT

A board at the New York Stock Exchange shows the final trading numbers for the day

Insight: Wall Street Slide Sends Waves Across Economy

A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up.

Misys Takes Strategic Detour, but Destination Unchanged

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British software firm Misys plc (London: MSY) said takeover discussions with Fidelity National Information Services Inc (FIS) have been terminated. Misys decided to reject FIS offer and withdraw from further discussions with FIS, as the offer materially undervalued the company.
Traders work in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange in New York

Analysis: Some ask "what oil glut" as Midwest stocks dip

The latest U.S. oil inventory data contradicts a widely held notion among oil traders that a huge glut of Canadian and U.S. shale crude oil is accumulating in the middle of the United States and causing the record gap in global oil benchmark prices.
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At Issue: Bank Fees

Bank of New York Mellon Adds Fee for $50 Million-plus Accounts

The Bank of New York Mellon announced Thursday that it will start charging large customers a small fee for taking their deposits. Starting August 8, clients with $50 million or more will be charged 0.13 percentage points for balances 110 percent above their average balance.
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Mobile Malware on the Rise: How to Stay Safe

A new Android trojan is in town, and it can steal your account passwords and social security numbers by recording your phone conversations, according to a report by CA Technologies' Dinesh Venkatesan. Here are five ways to stay safe.
A job seeker walks the floor at a large career fair at Rutgers University in New Brunswick

Services Sector Slows, Lowest Level Since February 2010

The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010, while the number of jobs created by the private sector also slowed, separate reports showed on Wednesday.
Bull and a bear styrofoam figurines are pictured at the trading floor of Frankfurt's stock exchange in a wide-angle picture taken during morning trading session

Stocks negative on the year, gold hits record

Major stock indexes around the world lost all of their gains on the year and gold hit a record on Tuesday after a deal to raise the U.S. debt ceiling gave no comfort to investors preoccupied with sluggish global growth.
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Charlie Sheen's "Men" character to get TV funeral?

Charlie Sheen's "Two and A Half Men" character will not only be killed off, he will be given a funeral when the TV series returns in September, according to entertainment industry website Deadline Hollywood.
Skype for iPad App Finally Available

Skype for iPad Release: Online Calling Service Adds New Features

Skype announced Tuesday that it would release its online calling software officially as an iPad app to the iOS App Store, bringing the live video service to both 3G and Wi-Fi data connections. In May, Microsoft announced that it had bought the Luxembourg-based service in a deal reportedly worth $8.5 billion.
European Council President Herman Van Rompuy

Van Rompuy may get top euro zone role - sources

European Council President Herman Van Rompuy may get an enlarged role as coordinator and spokesman for the euro in an effort to impose greater policy discipline in the single currency area, EU sources say.
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Japan government planning new nuclear safety agency - Nikkei

The Japanese government plans to form a new nuclear safety agency under the Environment Ministry in order to separate its regulatory functions from the Ministry of Economy, Trade and Industry (METI), according to the Nikkei business daily.
Polar Bears

New Details Break the Ice in Polar Bear Scientist Investigation

New details emerged Tuesday in the mysterious suspension of acclaimed polar bear scientist Charles Monnett. It appears that his 2006 paper on polar bear deaths is not in question. What is, however, is his management of a current study on "Populations and Sources of Recruitment in Polar Bears."

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