The House of Representatives unexpectedly defeated a bill to fund the federal government past Sept. 30 Wednesday evening as dozens of Republicans broke with their party to push for deeper spending cuts.
UBS CEO Oswald Gruebel will ask the board of the Swiss financial giant to back his leadership and keep its investment bank after a $2.3 billion loss blamed on a rogue trader piled pressure on him to scale back or even split off the division.
Despite cost overruns, the James Webb Space Telescope, which is scheduled to replace the heralded Hubble, should still fly, plead NASA officials and leading astronomers.
Latest rumors fueled by a report published by The National Enquirer say that the former Alaska Governor and a potential Republican presidential candidate, Sarah Palin's marriage is in trouble.
UBS CEO Oswald Gruebel will stress to the board of directors that he wants the investment bank to remain part of Swiss bank's "integrated banking model" in meetings on Thursday and Friday, sources said, after rogue trading cost the bank $2.3 billion.
During his brief stay at HP, Apotheker decided to dramatically shift the company’s strategy.
DigiNotar is bankrupt after getting hacked.
Many if not most Americans probably concluded that after barely avoiding a spring U.S. Government shutdown, Democrats and Republicans would end their feud. Not quite: a partisan spat on Hurricane Irene could result in a government shutdown on Oct.1 , if an agreement is not reached.
Facebook’s management may view an IPO as a kind of “distraction” for its employees while the company is busy ramping up several new product lines and other projects.
Not too long ago, if you mentioned the word annuity to investors, their eyes glazed over. But now individual investors, panicked by stock market selloffs that threaten their retirement dreams, have been doing something they have never done before: asking for them.
Gold jumped to its biggest gain in eight sessions on Tuesday, snapping back from steep day-ago losses as the anticipation of further U.S. stimulus mingled with new fears over global growth.
Namibia's Mineworkers Union of Namibia (MUN) on Wednesday served Rio Tinto's Rossing uranium mine with a strike notice after failing to reach a deal in talks over output incentives, with a stoppage expected to start on Friday.
Leila Lopes, the Angolan beauty who was crowned Miss Universe 2011 just a week ago has become a subject of malicious allegations which could strip her of the coveted title.
Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering U.S. recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
The study conducted by West Virginia University researchers revealed teenagers – especially boys - when followed a regular regimen of exercise and counseling, were very likely to quit smoking.
UBS chief executive Oswald Gruebel said on Wednesday he still has support from the Swiss bank's board of directors, after unauthorized trading caused a $2.3 billion loss.
Ron Suskind book receiving accusations of fabrication.
Family Guy creator Seth MacFarlane is often referred to as the Roast Master hosted the episode for the actor, 46, who was the dishonored guest of honor at the raunchy fest.
The stock price has been languishing for more than two years -- shares have lost almost half their value year-to-date.
Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
Barely a week after Miss Angola Leila Lopes was crowned Miss Universe 2011, criticisms are flying thick and fast that she had falsified some documents when she applied for the beauty pageant. Naturally, people around the world are curious if Lopes is really the most beautiful woman in the world.
