MANAGEMENT

Democratic Republic of Congo needs to invest some $300 million in its industrial diamond mining operations to revive a flagging sector and boost government revenue, a top mining official said.

Stocks were little changed on Wednesday as European finance ministers appeared ready to prop up struggling banks while reports on the U.S. labor market and services sector came in stronger than expected.

Salesforce CEO Marc Benioff’s keynote address to Oracle World was scratched in a move the former Oracle VP didn’t understand.

U.S. stock index futures were higher but more volatility was likely on Wednesday as European finance ministers appeared ready to prop up struggling banks, with data due on the U.S. labor market and services sector.

The leading Mexican restaurant operator in the United States filed for bankruptcy on Tuesday and put its El Torito, Chevys Fresh Mex and Acapulco Mexican Restaurant chains up for sale.

At Apple's product announcement Tuesday, company founder and former CEO Steve Jobs did not make an appearance. He resigned from Apple in August for medical reasons.

“Europe was, of course, not particularly successful in the last few months.”

After losing last night 5-4 to the Detroit Tigers, the New York Yankees now must rely on a finicky, talented yet inconsistent pitcher. In other words: A.J. Burnett.

Gold mining companies in the second quarter reported their first consecutive quarterly net hedging in 10 years, driven by new hedges by small producers, metals consultancy Thomson Reuters GFMS and French bank Societe Generale said on Tuesday.

Here is yet another good news for tech geeks who are upbeat about Apple Inc's iPhone 5 and Samsung's Galaxy Tab.

Adobe Systems Inc. (NASDAQ: ADBE) announced its vision for combining services, community and applications with its Creative Cloud strategy. In addition, the company made some small yet important acquisitions that further strengthen its position in the world of open standards.

World stocks hit a fresh 15-month low on Tuesday while the dollar neared a nine-month peak on growing doubts over Greece's ability to avert a default that would spark a major banking crisis in Europe and accelerate a global economic slowdown.

A series of emails released by the House Of Representative's Energy and Commerce committee show that Solyndra investors as well as White House officials questioned Solyndra's financial stability as early as December 2009.

Gold rose 1.6 percent on Monday, its biggest one-day gain in a month, as bullion resumed its role as a haven from turmoil following its worst monthly loss since the financial crisis in 2008.

Seated in the conference room of his wealth management firm in San Ramon, Calif., Rich Arzaga breaks out a few tools to explain the investment advantages of oil and gas drilling programs. He’s got a fine-point pen and a sketch pad — but alas, no milkshake a la Daniel Day-Lewis in “There Will Be Blood.”

From its May 2011 high, the index is down about 19 percent, very close to the 20 percent decline required for a bear market.

Could Boston Red Sox general manager Theo Epstein be the next vital member of the organization to leave? Possibly, according to reports.

The fate of Michael Ovitz at sports talent giant IMG remained in the balance with senior management having conferred with legal counsel over the weekend as to how to remove him from the board.

South Africa's Purchasing Managers' Index edged up to 50.7 in September from 46.7 in August, the second consecutive monthly rise and pushing above contractionary territory for the first time since June, sponsor Kagiso Securities said on Monday.

Factory activity expanded at a faster pace than expected in September as production and hiring increased, suggesting that manufacturing should help keep the economy out of recession.

Wealthy individuals should buy gold as the yellow metal has become an attractive investment following last month's sharp reversal, private bankers in Asia said on Monday.