A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc. and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.
A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.
Prognosticators who predicted the end of the world and got it wrong, scientists who built a wasabi fire alarm, and researchers who studied how the urge to urinate affects decision-making were among the winners of spoof Ig Nobel prizes on Thursday.
European and British stock markets have suffered their worst quarterly performances since 2002, as fears of a crippling Eurozone debt crisis and risks of another global recession have battered equities in Britain, Germany and France.
JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks.
Hate mornings, especially on Mondays? You may be surprised to know that much of the world doesn't share that grumpy feeling.
His whereabouts had been a mystery for weeks.
The imminent execution of an Iranian pastor, Youcef Nadarkhani, for the crime of apostasy (converting from Islam to Christianity) has prompted the wave of outrage and concern around the globe:
iPhone 5 chatter set to go off the rails as anticipation builds for Oct. 4 unveiling. Android users could switch to iPhone in huge numbers.
China isn't the only country eyeing a Heavenly Palace. Several developing nations are also creating space agencies and building rockets in hopes that one day they, too, may have citizens in space.
The 2011 Ig Nobel prize for medicine has been won by Mirjam Tuk from the Netherlands and her colleagues who found that people have a tendency to make fewer impulsive decisions when they have the urge to urinate.
Youcef Naderkhani has refused to renounce his Christian faith in a case that has sparked global fury against Iran and appeals for clemency.
World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.
Russian precious metals miner Polymetal is seeking a premium listing on the London Stock Exchange, raising about $500 million in a move it hopes will catapult it into the FTSE 100 bluechip index and hand it currency for acquisitions.
World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.
Mirjam Tuk from the Netherlands and her colleagues who found that people have a tendency to make fewer impulsive decisions when they have the urge to urinate have won the the 2011 Ig Nobel prize for medicine. Their research demonstrated that people make better decisions about some kinds of things but worse decisions about other kinds of things‚ when they have a strong urge to urinate.
After his fourth chance to repent and convert to Islam, Iranian Pastor Youcel Nadarkhani could face the death penalty this week.
Winners’ research shows what happens when humans litter.
Bain Capital and Carlyle Group are among three private equity firms bidding for auto parts supplier TI Automotive in an auction that could fetch around $1.5 billion, people familiar with the matter said.
The Gunners may have their eyes on some January additions.
The Federal Bureau of Investigation's 80-year-old definition of forcible rape excludes several examples of sexual assault that are typically considered rape by police departments across the country. Critics say it is an extremely narrow and archaic definition of rape that results in an under-reporting of the crime.
Kraft Foods boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc. chief Indra Nooyi into second spot after five years on top.