JPMorgan Chase & Co. expects capital markets activity, both debt and equity, to decline by 30 percent and investment banking fees to decline to $1 billion in third quarter of 2011 from $1.9 billion last quarter.
The real value is in the data/information, versus hardware, as Symantec Corp. expects to leverage virtualization, cloud and mobile to drive growth.
In January 1982, the UK government reported that about 3.07 million Britons were out of work, or about 1 out of 8 adults. Yet while the current unemployment picture looks very grim indeed, it pales in comparison to what Britain faced 30 years ago.
Spot gold reversed early gains and lost half a percent on Wednesday following sagging equities, after rating agency Moody's downgraded two of France's top banks and fueled fears of a full-blown banking crisis in the euro zone.
Freeport McMoRan Copper & Gold's Indonesia mine workers have given the company a deadline of midnight on Wednesday to come up with a fresh pay rise offer, or they will proceed with a month-long strike, union official Virgo Solossa told Reuters.
Oaktree Capital Management Funds sent a letter to Jakks Pacific (JAKK.O) on Tuesday, outlining its intention to buy the toymaker and take it private in a $670 million deal, after repeated rebuffs from the company since the offer was made in March.
The International Diabetes Federation has reported that an estimated 366 million people worldwide suffer from diabetes.
Miss Angola, Leila Lopes, was crowned Miss Universe 2011 in Sao Paulo, Brazil, becoming the fourth African woman to win the title since the beginning of the pageant. She also became the first Angolan Miss Universe.
U.S. prosecutors have launched a criminal probe into whether eBay Inc employees took confidential information from classified ad website Craigslist as eBay sought to build a rival service, a copy of a grand jury subpoena obtained by Reuters shows.
Microsoft unveiled Windows 8 at its Build conference in Anaheim today, demonstrating its operating system on PCs, laptops, and tablets. Will Microsoft finally be able to compete with Apple in the tablet space?
Rapper Gucci Mane pleaded guilty to two counts of battery on Tuesday and will serve six months in a Georgia jail.
Hollywood continues to churn out a lazy stream of remakes and sequels. The latest? Point Break.
Going in, you knew there would be blood.
The World Bank on Tuesday said it officially recognized the ruling National Transitional Council as Libya's government and had been asked to help lead efforts to restore vital services and develop jobs programs as the country tries to return to normal after a six-month war.
The Apple iPhone 5 release date is inching closer as more rumors have leaked out suggesting that an early October release was likely.
President Barack Obama said he plans to offset the $447 billion cost of his new jobs plan by jettisoning tax breaks for wealthy Americans, prefiguring a clash with Republicans who have opposed similar measures in the past.
A supersized White Castle customer, having had enough of complaining to the management about the restaurant chain's smaller booths, is now taking the case of insensitivity to the federal court.
Miss Angola, Leila Lopes, on Monday at Sao Paulo in Brazil was crowned as the winner of Miss Universe 2011, becoming the first Angolan Miss Universe.
Miss Angola is the first contestant from Angola to become Miss Universe.
Chipmaker Intersil Corp cut its third-quarter sales outlook but investors took the warning in their stride as the company signalled a recovery in bookings with customers beginning to burn through their inventory.
When John Chambers takes to the stage on Tuesday, many will be wondering if it is the last time the chief executive leads Cisco Systems Inc's annual financial analyst conference.
Tony Romo chokes away another close game, Cam Newton ties a NFL record, the Colts miss Peyton Manning more than they ever could have known, the Ravens wallop on rival Steelers, and so much more in a wild Week 1.