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Moscow Restaurant

Celebrity restaurant fad takes hold in glossy Russia

Celebrity restaurants, long a fixture of New York and London, are now a confirmed Russian fad with the recent opening of a Moscow venue by a home-grown filmmaker raising the tally of eateries and bars backed by artists, actors, socialites.
Christine Quinn

Living Wage Bill Battle Divides New York City Council

On Tuesday, a City Council committee debated the proposed living wage bill, a controversial legislation that would require companies subsidized by the city to pay employees a minimum of $10 an hour with benefits or $11.50 without benefits.
The Bank of Korea, South Korea's central bank, for the second time this year, raised its holdings of gold in November as part of measures to diversify its portfolio of foreign exchange reserves. In a statement on Friday, the Bank of Korea said it purchase

Gold Rebounds Amid U.S., Eurozone Debt Crisis

Gold prices have recouped its losses as the failure of the U.S. congressional committee to reach a deal on reducing the budget deficit and the ongoing eurozone crisis brought back the bargain hunters.
Megyn Kelly

Fox News’ Megyn Kelly Petitioned to Eat Pepper Spray on TV

Fox News' Megyn Kelly on Monday told Bill O'Reilly that the pepper spray that was recently used on UC Davis protesters is essentially a food product. Since then, a petition has been posted on the Web site Change.org, asking Kelly to back up her claim by eating as much pepper spray as was used on each protester's face.
President Obama

Occupy Wall Street Heckles Obama, Descends on GOP [VIDEOS]

President Obama's speech on the American Jobs Act was interrupted today by OWS demonstrators, who have been targeting campaign rallies like Michele Bachmann's for weeks. Obama's reaction however, and that of GOP candidate Ron Paul (watch videos here), show a populist spin most GOP politicians, like Newt Gingrich, continue to ignore.
Singer Rihanna performs during a concert as part of her tour for her latest album ''Loud'' in Nilson Nelson gymnasium in Brasilia September 21, 2011.

Rihanna's 'Talk The Talk' Release Tops iTunes

Grammy-winning singer Rihanna may soon be headed to the top of the album charts after her latest record, Talk That Talk reached No. 1 on iTunes on Tuesday, one day after its release.
IBTimes Logo

Groupon Shares Slump Close to $20 IPO Price

Groupon Inc stock slumped 15 percent on Tuesday on concern about increased competition, leaving shares of the largest daily deal company close to their $20 initial public offering price.
Bank of America

DOJ Debit Card Fee Review Signals Warning for Banks

The U.S. Department of Justice said it is reviewing statements and actions by big banks and their trade associations to see if they have violated antitrust laws through coordinated action to raise consumer debit card fees. But experts say an actual investigation is fairly unlikely.

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