- Many European banks have used easy credit from the European Central Bank to expand their balance sheet rather than use the easy credit to slim down and cut the level of risk in the assets they hold. In other words, too-big-to-fail is alive and well in the recession-plagued euro zone.
- Swedish home appliance maker embarks on small market for very expensive kitchens. For the rest of us: It recently began selling its Frigidaire brand at The Home Depot.
- London copper slipped on Monday, but still retained most of the previous session's steep climb to a 4-1/2 month top as a new round of U.S. monetary stimulus measures and a weak dollar continued to support prices.
- IBTimes spoke to some of the top makeup and nail artists throughout the course of New York Fashion Week, who revealed their secrets for flawless runway beauty and their makeup weapons of choice as well as their inside scoop on hottest trends and products for the upcoming seasons.
Apple iPhone 5 Cases: 13 Brilliant Designs That Highlight (And Protect) The Phone's New Features [PICTURES]Unlike past iPhone launches, where customers could possibly get away with using their old iPhone case on the new model, Apple has endowed the iPhone 5 with a brand-new form factor with a taller and thinner build, a larger 4-inch screen, and several migrated components like the earphone jack and speaker grills. This means that everyone buying the new iPhone 5 will be in the market for new cases to both protect and brand their new purchase. We've scoured the Internet for the coolest iPhone 5 ca...
- Kate Middleton's topless-photo scandal has caused a huge uproar online, with many U.K. citizens feeling insulted that anyone would publish those kinds of pictures of their possible future queen consort. Showing solidarity with Catherine, Duchess of Cambridge -- and a wee bit more -- the site Nips Out for Kate features pictures of British men bearing their nipples while wearing masks of Kate Middleton and other royals.
- New rumors surrounding Robert Pattinson and Kristin Stewart could be what ?Twilight? fans everywhere have been dreaming of. There have been whispers of the estranged couple getting back together, an event that seems like it could be coming closer to reality. It?d also be a relief for the third wheel in the ?Twilight? franchise, Taylor Lautner who has reportedly been supportive of both Pattinson and K-Stew since the photos of Stewart cheating surfaced earlier this summer.
- Shoppers looking for Chris Brown's album "Fortune" in HMV stores in London might be surprised to see a warning sticker on the CD. Several copies of Brown's latest album have been covered with advisory stickers reading, "Warning: Do Not Buy This Album! This Man Beats Women."
Closer Magazine Is Being Sued By Kate Middleton And British Royals After Topless Photos Surface [REPORT]The British royals are suing Closer magazine after they published topless photos of Kate Middleton, according to reports
- Laurence Pieau, the managing editor of French magazine, Closer, said he is surprised by the magnitude of the uproar over his decision to print topless photos of Kate Middleton, the Duchess of Cambridge. He also accused British tabloids of hypocrisy over the affair.
- Los Angeles traded for Dwight Howard on Aug. 10.
- Stacy Keibler looked pretty in pink on Wednesday, when she was spotted stepping out at a Marchesa spring 2013 fashion show at Grand Central Terminal for New York Fashion Week. Despite swirling rumors that the model and former professional WWE wrestler had split from her boyfriend of one year, George Clooney, Keibler looked poised and confident in a velvet baroque one-shouldered dress.
- EADS and BAE are once again talking of a possible merger that would create a $45 billion company with more than 200,000 employees. The vehicles the two companies make that would end up under one umbrella in the event of a mega-merger range from the world's biggest passenger plane to satellites and submarines.
- Barcelona identified a list of four Arsenal targets before deciding to sign midfielder Alex Song this summer.
- The silver market was slightly easier overnight, as it awaited the results of today's FOMC meeting, which are expected to be announced at 11:30 am central today. The bulls may already be disappointed with silver's performance yesterday, as it sold off sharply after making new highs overnight. Like gold, silver had gained quite a bit in recent weeks on poor economic data and on expectations that the Fed would be embarking on a third round of quantitative easing. The market also got a boost ...
- The gold market (and equities and a host of other commodities) is anxiously anticipating the results of the FOMC meeting, which are to be announced at 11:30 am central today. The market is looking for the Fed to announce a 3rd round of quantitative easing. As an indication as to how high expectations are running, yesterday an informal poll indicated that 98% of traders were expecting the Fed to eventually embark on QE III, while 77% percent were looking for it to occur today. This morning there ...