The prospect of European heavyweights like Italy or Spain turning to the IMF for rescue loans is worrying the United States and other nations that fear they could suffer losses on funds they have extended to the IMF.
Napoleon dreamed of it, De Gaulle fought for it, but Nicolas Sarkozy may have achieved it -- a Europe of Nations with France in the cockpit and Britain on the sidelines.
The lawyer for Philip Falcone's hedge fund is finding herself in the hot seat with U.S. securities regulators.
The prospect of European heavyweight economies like Italy or Spain turning to the IMF for emergency rescue loans is worrying some nations that fear they could suffer losses on the funds they have extended to the IMF.
Stocks rallied on Friday, finishing the week higher after European Union leaders agreed on a plan to toughen the region's budget rules to help restore market confidence after a two-year sovereign debt crisis.
AT&T's decision to focus on its antitrust battle with the U.S. Justice Department for its purchase of T-Mobile may have backfired, irritating the judge overseeing the case and laying the groundwork for a possible deal-killing delay.
European governments -- many of which are already struggling to woo buyers for sovereign debt -- could find it even harder to raise money as the investment banks they relied on to sell the debt baulk at the cost.
Philip Falcone, a hedge fund manager who became an overnight billionaire by betting on the collapse on the U.S. housing market, is now fighting to keep his career afloat.
Venture capitalist Marc Andreessen said he is not interested in becoming chief executive of Internet pioneer Yahoo Inc, whose struggle to compete with the likes of Google and Facebook have forced it to explore proposals to revamp its business.
How many times have you walked into an Apple store and thought, Wow, it's like Grand Central Station in here?
A judge approved a $2.2 billion transfer to U.S. commodities customers of fallen brokerage MF Global on Friday as a trustee acknowledged there were suspicious transfers leading up to its October 31 collapse.
Stocks rose on Friday as European Union leaders agreed on measures to tackle the region's sovereign debt crisis and data showed U.S. consumer confidence rose to a six-month high.
Chemical maker DuPont cut its 2011 profit outlook on Friday due to weak electronics and housing markets, sending its shares down more than 3 percent.
Europe divided in a historic rift on Friday over building a closer fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to forge ahead with a separate treaty, leaving Britain isolated.
A U.S. bankruptcy court judge on Friday approved a $2.2 billion bulk transfer that would bring the recovery of nearly all U.S. commodities customers of fallen brokerage MF Global to about 72 percent of their accounts.
The European Central Bank is capping its weekly bond purchases at 20 billion euros and euro zone officials want banks to use its big new liquidity offer to buy more sovereign debt, ECB sources said on Friday.
An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.
Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season.
The euro zone has agreed to take a big leap forward in economic integration, but failed to deliver a convincing answer to investors worried about its ability to tackle threatening debt crises in Italy and Spain.
PARIS, Dec 9 - Governments worldwide must boost internet accessibility in order to nurture democracy and economic development, entrepreneur Loic Le Meur said at the prestigious LeWeb technology conference in Paris which he founded.
Takeover defense measures such as poison pills and staggered boards are at their lowest levels in more than a decade, making U.S. companies more vulnerable at a time when hostile bids are expected to rise.
U.S. consumer sentiment rose to its highest level in six months in early December due to signs of better labor conditions and an improving outlook on the economy.
Consumers spent a record $1.25 billion on Cyber Monday, according to comScore, highlighting how much people love shopping online.
Stocks climbed on Friday as European Union leaders agreed on measures to address the region's sovereign debt crisis, while U.S. consumer confidence rose to its highest level in six months.
Consumer sentiment rose to its highest level in six months in early December as Americans adopted an improved economic outlook while the trade deficit narrowed in October, pointing to gathering momentum in the economy.
A string of big-brand U.S. retailers may curb their UK and European expansion plans, deterred by the region's bleak consumer outlook and nervousness over the unfolding sovereign debt crisis in the euro zone.
Consumer sentiment rose to its highest in six months in early December due to an improving outlook on the economy with the jobless rate falling to a 2-1/2-year low in November.
Twitter's redesign isn't available to everybody yet, but a sneak peek at the site's new features reveals that Twitter's strategy to expand its audience is matched by a desire to beat Facebook at its own game. From Twitter profiles to embedded timelines, check out the five big changes to Twitter, and how its redesign plans to take on the social media giant.
Stocks climbed on Friday after European Union leaders agreed on measures that partially address the region's crippling sovereign debt crisis, while U.S. consumer confidence rose more than expected in December.
The U.S. trade deficit narrowed in October to its lowest in 10 months, but imports from China hit a record high, a government report showed on Friday.
