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Judge Dismisses Part of Fraud Case Against Citigroup

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.
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Judge dismisses part of fraud case against Citi

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 chemist is reflected in a beaker after mixing chemicals that gave the beaker a reflective coating during a demonstration at the 21st annual Ig Nobel prize ceremony at Harvard University in Cambridge, Massachusetts

Wasabi Alarm, Beetle Sex Win Ig Nobel Spoof Prizes

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.
Trader reacts in front of the DAX board at the Frankfurt stock exchange

UK, European Stocks Deliver Worst Quarter in 9 Years

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.
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JPMorgan, BofA sued over mortgage debt losses

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.
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Europe shares set to mark worst quarter since 2008

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.
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Russia's Polymetal Aims for Premium Listing on LSE

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.
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European shares set to mark worst quarter since 2008

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.
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Ig Nobel Winners: Full Bladders, Wasabi Alarm and Structured Procrastination

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.
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Bain, Carlyle, Pamplona eye TI Automotive: sources

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.
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FBI's Narrow Definition of Rape Draws Criticism

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.

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