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Nikkei Stock Exchange

Asian Markets Rise On Japan Data, EU Optimism

Most Asian markets rose Monday amid indications of improving business conditions in Japan and on continued optimism about the measures taken in the EU summit to alleviate the euro zone debt burden.
Chief Justice John Roberts

Why John Roberts Flip-Flopped On 'Obamacare'

When CBS News broke the story that U.S. Chief Justice John Roberts had first decided to vote with his fellow Supreme Court conservatives on so-called Obamacare and then changed his mind, it led to huge questions, not only about him but also about his motivations.
A cleaner rides his tricycle down a side-road as cars sit in a traffic jam along a main road in central Beijing

You Auto Bike More: Chinese Megacity Launches Car Quota System

In an effort to cut gridlock and pollution in Guangzhou, authorities in the capital city of Guangdong province began a one-year trial program on Sunday that will cap the number of new automobiles hitting the streets, according to the state-owned Xinhua news agency.
Chief Justice John Roberts

John Roberts Flip-Flopped On Health-Care Law Decision: CBS

U.S. Chief Justice John Roberts was originally set to vote with the Supreme Court's conservative justices to strike down the Affordable Care Act, CBS News reported. However, he changed his mind about a month ago to join the court's liberal justices in mostly upholding the constitutionality of the law.
Tehran, nuclear program Iran

EU Embargo On Iranian Crude Oil Now In Full Effect

The European Union's economic sanctions on Iran became fully effective on Sunday, but the Islamic Republic's deputy oil minister claimed the country will have no difficulty finding replacements for recent EU purchasers of its crude.
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Obamacare 'Tax Increase' Debate Heats Up Sunday Morning News Shows

It's not a tax. It's a penalty. President Barack Obama's administration and its allies in Congress carpet-bombed the morning news talk show Sunday with those seven words, holding the line in a PR counter-offensive the White House has been engaging on since Friday.
China PMI down

China's Official June PMI Hits 7-Month Low

China's factory downturn worsened in June as a key activity index hit a seven-month low; the report is expected to raise expectations that the central bank may seek more policy easing.
Galaxy Nexus

It's Apple 2, Samsung 0 In US Patent Contests This Week

Apple Inc. (Nasdaq: AAPL) scored its second major win of the week over Samsung Electronics Co. Ltd. (Korea: 005930) in intellectual-property litigation on Friday, as Apple was granted a court order blocking U.S. sales of Samsung's Galaxy Nexus smartphone.
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Bird T---s And Your Car: Beware The Emu Poop

Smart USA employed zoology, statistics, engineering, and some cheeky graphic design to put an obnoxious Twitter follower in the right about the effects of bird doo-doo on cars. Here's the dirt on how much damage bird poop can cause to cars, and which color cars are most subject to aerial bombardment.
Mervyn King

Bank Of England Cracks Down On Cheating Banks

The Bank of England (BoE) is cracking down on large financial institutions to prevent them from cheating businesses and consumers worldwide -- a practice that has put a $360 trillion global financial market at serious risk for several years.
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10 Caribbean Islands You've Never Heard Of That You'll Want To Visit

Can there be such a thing as secret islands of the Caribbean? Sure, word is out on much of the Caribbean Isles, but there are still a few corners of the salty sea where the mood is laid-back and the culture authentic -- places where the Robinson Crusoe dream is alive and well.
Sami Elias

Tough Luck: Crime Fighter Bumps Into Retail Theft Suspect In Casino

Unbeknownst to the 54-year-old Kentucky resident, gambler and accused grand theft shoplifter, just a short walk away from the New Orleans casino he was sitting in recently was a veritable who's who of anti-theft officials for some of the largest retail chains in the country.
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Nomura To Slash Executive Pay In Wake of Insider Trading Scandal

Top Japanese securities firm Nomura Holdings, which has been caught in an insider trading scandal, will slash the compensation of its CEO, Kenichi Watanabe, and other top executives by as much as 50 percent for six months and lay off those involved in insider trading, the company said Friday.
A 2010 Lexus RX 450 H parked. Over 150,000 model-year 2010 Lexus RX vehicles are under an unintended acceleration recall.

Toyota May Face Govt Investigation For New Floor Mat Recall

Toyota just can't seem to get the floor mats right on its cars. Toyota Motor Corporation (NYSE: TM) is recalling approximately 154,000 model-year 2010 Lexus RX 350 and RX 450 H cars for potential floor mat interference with accelerator pedal, the same problem which afflicted millions of the company's cars in 2009 and 2010. The National Highway Traffic Safety Administration (NHTSA) is considering launching an investigation of Toyota regarding delays in notifying the agency about the...

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