BlackBerry CEOs stick to strategy, dismiss analysts
Research In Motion's top executives say the BlackBerry will hold its ground in a fierce battle with Apple's iPhone and other rivals, even as a boom in smartphone sales shakes up a market segment that their company once ruled. Read Full Article here.
Fed's Lacker: Weak patches can't derail exit
A senior Federal Reserve official said on Tuesday that the U.S. central bank must remain vigilant about keeping inflation in check and not let patchy economic weakness deter it from beginning to withdraw extraordinary levels of support. Read Full Article here.
EU regulators may take speedy action on dark pools
European Union securities regulators will complete their review of dark pool share trading venues by year end and may ask the bloc's executive to take speedy action, a top supervisor said on Tuesday. Read Full Article here.
Swiss suspect serious fraud among UBS clients
Most of the thousands of rich people whose UBS bank accounts are to be handed over to U.S. authorities are suspected of serious fraud rather than simple tax evasion, Swiss authorities revealed on Tuesday. Read Full Article here.
U.S. offshore tax amnesty yields big response: IRS
Some 14,700 rich Americans worried about a U.S. government crackdown on offshore tax cheats came forward to participate in a tax amnesty program, the top U.S. tax official said on Tuesday. Read Full Article here.
Microsoft to launch Azure cloud service early next year
Microsoft Corp said on Tuesday it will launch its long-awaited Windows Azure cloud computing system on Jan 1, as it looks to take advantage of the growing interest in internet-based software and services. Read Full Article here.
U.S. net overall capital inflows surge in September
Foreign demand for U.S. securities soared in September, the Treasury Department said on Tuesday, as investors grew more confident about a recovery in the world's largest economy. Read Full Article here.
Tax credit to steady, not rescue, shaky U.S. housing
Don't expect the expanded home buyer tax credit to be a permanent cure for the U.S. housing market. It won't. Read Full Article here.