Congress had been at odds over offsets for Federal Emergency Management Agency disaster relief. But FEMA on Monday said that the agency has $114 million for emergency disaster relief, avoiding the need for an infusion of money before the fiscal year ends Friday.
World No. 2 computer vendor Acer believes the recent top management change at rival Hewlett-Packard is a huge opportunity for the former to win over some customers, Acer Europe head Walter Deppeler told a German daily.
Before a Senate vote on a stop-gap government funding measure, Majority Leader Harry Reid criticized House Republicans for leaving town without reaching a bipartisan deal to keep government from shutting down and funding FEMA without offsets.
While the Philippines are typically hit by about 20 storms and typhoons annually, Nesat is expected to deliver a particularly powerful blow.
Shares of Eastman Kodak plunged as much as 24 percent Monday on fears the photography giant may be running out of cash -- yet intellectual property investment banks such as MDB Capital of San Diego, Calif., have estimated the Kodak patents could be valued around $2 billion.
Gold will continue to serve as a hedge against risk on a longer-term basis despite recent falls, given the lack of other safe-haven assets to protect investors against global economic uncertainty, a manager at Stenham Asset Management said.
Gold's toppling from record highs, culminating in Monday's unprecedented $120 price plunge, has investors asking whether a decade-long bull run is over. History would suggest that while gold has taken a beating, it is far from down and out.
Gold prices, which lost 20 percent of their value since early this month, will rise for four reasons, say analysts.
Yahoo, afloat after the abrupt sacking of CEO Carol Bartz, has received “inquiries from multiple parties” interested “in a number of potential options,” remaining top managers told employees.
UBS investors welcomed the Swiss bank's choice of caretaker chief executive, Sergio Ermotti, on Monday after Oswald Gruebel resigned in the wake of a $2.3 billion rogue trading scandal and cleared the way for a major overhaul of the investment bank.
UBS has said that Sergio Ermotti will be the caretaker chief executive following the resignation of Oswald Gruebel last week.
Puntius Denisonii, better known as the Roseline Shark, is a popular choice when it comes to adding some ornamental fish to your aquarium. However, it is now facing extinction simply because it is so beautiful.
About 4,200 workers at Freeport McMoran Copper & Gold Inc's Indonesian mine, mainly contractors and nonunion staff, have returned to work, allowing some mining to resume, but around 8,000 remain on strike, the firm's spokesman said on Monday.
Spot gold fell 5.2 percent and silver dropped by the most in three years, extending Friday's rout as investors bolted for the ultimate safe havens of cash and the dollar.
Vladimir Putin confirmed he will seek the Russian presidency in an election next March.
Health insurer Humana Inc (HUM.N) agreed to acquire privately held MD Care for an undisclosed amount on Friday to expand its Medicare plans for the elderly in California.
The FCC has filed its net neutrality rules with the Federal Register, and the controversial rules will go into effect Nov. 20. Don't expect Internet service providers to go down without a fight.
A rare American crocodile was spotted in the community pond of a gated community in St. Petersburg, Florida.
Facebook will roll out its new Timeline feature over the coming weeks, but luckily there's a way to preview Timeline before anyone else. In eight simple steps that take less than five minutes, you can be first friend on the block with Timeline.
Still burdened by an ongoing phone-hacking scandal at its British subsidiaries, Rupert Murdoch's company is aggressively buying back shares in an effort to buttress its share price. Assuming the shares remain at about $17, one analyst estimates News Corp. will have repurchased almost $2.2 billion in shares by as early as Nov. 7.
FBR Capital Markets said its recent checks suggest Fairchild Semiconductor International's (NYSE: FCS) revenue are likely to shrink again in the fourth quarter of 2011.
Dear Meg Whitman:Now that you’ve been installed as Hewlett-Packard’s fifth CEO in six years, you’re going to have to fill some big footprints left by giants like Bill Hewlett, David Packard and John Young.