Rejecting censorship, Google threatens to quit China
Google Inc threatened to quit China, the world's biggest Internet market, warning it would no longer tolerate strict censorship of its Google.cn search engine. Read Full Article here.
Thousands feared dead as major quake strikes Haiti
A major earthquake rocked Haiti, killing possibly thousands of people as it toppled the presidential palace and hillside shanties alike and left the Caribbean nation appealing for international help. Read Full Article here.
Barons of Wall Street to face U.S. crisis panel
The chief executives of Wall Street's biggest firms, swimming in bonuses but sinking fast in public esteem, will troop to Capitol Hill on Wednesday to face questioning about the global financial crisis. Read Full Article here.
Japan Airlines gets new CEO as bankruptcy looms
Kazuo Inamori, the founder of electronics maker Kyocera Corp <6971.T>, agreed on Wednesday to become the new chief executive of Japan Airlines <9205.T>, as the carrier's shares plunged ahead of its expected bankruptcy. Read Full Article here.
Goldman exec says firm gained from trading against clients
An executive from Goldman Sachs Group Inc said the company in some cases profited by trading ahead of or against its own clients, the New York Times said on its website. Read Full Article here.
Obama to announce TARP fee on banks on Thursday
President Barack Obama will announce plans on Thursday to raise up to $120 billion from major U.S. financial firms to cover expected losses from a taxpayer-funded bank bailout, a senior administration official said on Tuesday. Read Full Article here.
Facebook taps McAfee to shield users from attacks
Facebook, the world's No. 1 social networking site, which has been a target of several high-profile cyber attacks in the past year, is giving away security software from McAfee Inc to protect its users. Read Full Article here.
China, disappointing earnings hit equities
China's monetary tightening and disappointing corporate earnings put downward pressure on world stocks on Wednesday, combining to present investors with two of their biggest concerns. Read Full Article here.