- UBS, Credit Suisse Could Shed 7,000 Staffers: Report
October 21 2012 4:18 PM
UBS AG, Switzerland's largest bank, and the Credit Suisse Group AG, the country's second-largest bank, both may soon announce measures that would cut costs by slashing their head counts by as many as 5,000 and 2,000, respectively.
- Presidential Swing States Are True To Name
October 14 2012 11:37 PM
With the U.S. presidential election a little more than three weeks away, 11 of 50 states, representing 146 electoral votes, are considered toss-ups.
- Turkish PM Raises Specter Of Srebrenica In Critique Of UN Inaction On Syria
October 13 2012 10:38 PM
Turkish Prime Minister Recep Tayyip Erdogan took the United Nations Security Council to task Saturday over its inaction during the Syrian Civil War.
- Hugo Chavez Re-Elected As Venezuela’s President
October 07 2012 11:58 PM
Hugo Chavez could be Venezuela’s president for the next six years after winning re-election in a closely watched contest Sunday.
- China’s GDP Growth May Fall To 7.7% From 9.3%: Report
October 07 2012 10:54 PM
Growth in the gross domestic product of the world’s second-largest economy may drop by a sizable 1.6 percentage points between 2011 and 2012, according to the World Bank’s “East Asia and Pacific Economic Data Monitor” released in Singapore on Monday.
- Deadly Fungal Meningitis Outbreak Widens In US: CDC
October 07 2012 9:30 PM
The known number of people with fungal meningitis in a multistate outbreak that has already killed seven rose to 91 on Sunday from 64 on Saturday, according to data provided by the U.S. Centers for Disease Control and Prevention.
- Detained Blogger Yoani Sanchez Cut Loose In Cuba
October 07 2012 12:04 AM
Yoani Sanchez -- author of the dissident blog “Generacion Y” -- was freed by Cuban authorities after about 30 hours in custody.
- China’s Factory PMI Still Sluggish In September
September 30 2012 10:33 PM
The factory slump in the world’s second-largest economy continues as China's Manufacturing Purchasing Managers Index, or PMI, rose to 49.8 in September from 49.2 in August.
- Berkshire Unit To Buy 2 California Wind Projects
September 30 2012 6:46 PM
Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B) will get just a shade greener as its MidAmerican Wind unit announced Sunday its agreement to buy two wind-energy projects in Tehachapi, Calif.
- ‘Homeland’ And ‘Modern Family’ Win Big At Emmys
September 23 2012 11:48 PM
"Homeland" was the big surprise winner as the outstanding drama series at the 64th Primetime Emmy Awards show in Los Angeles Sunday.
- Status Quo May Score Big Win On US Election Day
September 22 2012 11:36 PM
If the U.S. elections were held not Nov. 6 but today, it appears there would be no change in control at either the White House or the Congress.
- CAW Chooses Ford In Effort To Secure Pattern Contract
September 16 2012 11:11 PM
The Canadian Auto Workers, or CAW, will concentrate on the Ford Motor Co. (NYSE: F) as it attempts to negotiate a collective-bargaining agreement in the roughly 24 hours left before its fast-approaching strike deadline on Monday at 11:59 p.m. EDT.
- Chicago School Daze: Strike To Continue A While Longer
September 16 2012 8:08 PM
The Chicago Public Schools will be closed both Monday and Tuesday, as the majority of the 800 members of the Chicago Teachers Union's House of Delegates who gathered Sunday voted to continue the CTU's first strike in 25 years.
- US Issues Travel Warnings, Trims Embassy Staff In Sudan, Tunisia
September 15 2012 11:08 PM
With American assets having been targeted during demonstrations sweeping the Middle East-North Africa region in recent days, the U.S. State Department issued travel warnings about Sudan and Tunisia on Saturday.
- US Will Cut Its AIG Stake To 23% From 53%, By One Estimate
September 09 2012 10:30 PM
Because of the U.S. Treasury Department's announcement Sunday that it has launched an offering of $18 billion worth of its American International Group Inc. (NYSE: AIG) common stock, the government will soon go from being the company's majority shareholder to being one of its minority shareholders.
- Serena Williams Wins U.S. Open Women's Title On Sunday
September 09 2012 7:52 PM
Serena Williams won the U.S. Open women's singles title at Flushing Meadows in New York on Sunday, beating the world's No. 1 player Victoria Azarenka -- 6-2, 2-6, 7-5 -- in a dramatic final match to capture her 15th career grand slam title.
- Obama Widens Narrow Lead Over Romney: Reuters/Ipsos Poll
September 08 2012 8:53 PM
With both the Democratic and Republican national conventions now history, the former party's incumbent Barack Obama has widened his narrow lead over the latter party's challenger Mitt Romney in the U.S. presidential-election race, according to Reuters/Ipsos poll results released Saturday.
- Samsung's Market Cap A $12 Billion Casualty Of Patent-Infringement Case
August 26 2012 11:30 PM
In the wake of the $1.05 billion verdict delivered Friday in the widely watched U.S. intellectual-property case won by Apple Inc. (Nasdaq: AAPL) and lost by Samsung Electronics Co. Ltd. (Korea: 005930), Samsung was battered in Korea Exchange trading Monday.
- About 24% Of Gulf Of Mexico's Oil Output Cut By Tropical Storm Isaac
August 26 2012 10:26 PM
With the approach of Tropical Storm Isaac in the Gulf of Mexico, about 24.2 percent of the gulf's daily oil production and about 8.2 percent of its daily natural-gas production has been shut-in, according to estimates of the U.S. Interior Department's Bureau of Safety and Environmental Enforcement.
- Death Toll Climbs To 39 In Big Blast At Venezuelan Oil Refinery
August 25 2012 10:11 PM
With casualties of the earthshaking explosion at Venezuela's largest oil refinery rising to 39 dead and more than 80 injured on Saturday, President Hugo Chavez has called for an investigation to determine the cause of the firestorm at the Amuay plant in Falcon state in the northwest of the country.