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Wells Fargo opens business for the ultra-wealthy

Wells Fargo & Co opened its new Abbot Downing business on Monday, merging two of its wealth management units under a new brand it hopes will expand its market share of America's richest families.

Myanmar Election Results: Aung San Suu Kyi Victorious

Burma Elections
Burmese activist Aung San Suu Kyi and the opposition National League for Democracy declared victory after Sunday's by-elections. Speaking to thousands of supporters from party headquarters in Yangon, the Nobel Peace Prize laureate hailed the success as the beginning of a new era for politics in Burma.
India

Global Business Groups Warn India Over Tax Plan Impact

International trade groups representing more than 250,000 companies have warned Indian Prime Minister Manmohan Singh that new taxation proposals by his government have led foreign businesses to reconsider their investments.
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Goldman Sachs eyes $3 billion property debt fund: report

A private equity arm of Goldman Sachs is looking to launch a $3 billion property debt fund in a bid to take advantage of a growing shortage of real estate financing across the UK and Europe, British newspaper the Times said on Monday.
A labourer smokes as he takes a break inside a steel factory on the outskirts of Jammu March 15, 2012.

FDA Advances On Two Fronts In The War On Tobacco

In combating the tobacco epidemic, the U.S. Food and Drug Administration has released two separate draft guidance documents designed to help implement provisions of the Family Smoking Prevention and Tobacco Control Act.
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U.S. automakers expect sizzling sales for March

U.S. auto sales are expected to continue at a strong pace in March, capping the best quarter in four years for new vehicle purchases as the overall U.S. economy improved and new car buyers found easier financing.
Myanmar Suu Kyi

Suu Kyi Elected; Party Claims Myanmar Landslide

Burmese pro-democracy leader Aung San Suu Kyi won a seat in parliament Sunday, as her National League for Democracy claimed a near-sweep in historic by-elections that will test Myanmar's reform credentials and could convince the West to end sanctions.
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South Korea March exports fall; U.S. shipments up on FTA

South Korean exports in March fell 1.4 percent from a year ago, missing a consensus forecast for a small gain and adding to questions about the strength of a global recovery even with a boost to shipments in the first month of a landmark free trade pact with the United States.
"Scrubs" star Sarah Chalke takes part in a panel discussion at the Disney ABC Television Group summer press tour in Beverly Hills, California July 16, 2008.

DirecTV, Tribune Contract Battle Goes Down To The Wire

DirecTV, the largest satellite-television provider in the United States, will cease carrying Tribune Broadcasting television stations in 19 markets -- and WGN America nationwide -- beginning Saturday at midnight, should the contract between the two companies expire then.
The interior of a Twike.

Is The Twike HEV Hybrid The World's Best City 'Car'?

While Twike may sound like a 3-year-old child's mispronunciation of another word, it actually refers to what may be the world's best -- or worst -- city car, depending on your perspective: the Twike human-electric vehicle, or HEV.
Mega Millions

Mega Millions Winning Numbers: Who Won The $640 Million Lottery? Winner Claims In Three States, How Will Jackpot Be Split?

The hysteria over the Mega Millions lottery, which teased Americans with its biggest jackpot in history on Friday night -- a whopping $640 million -- has finally concluded, at least for now. The Mega Millions group claims that three winners purchased the winning lottery tickets in Maryland, Illinois and Kansas; the winning numbers drawn on Friday night in Atlanta were 2, 4, 23, 38, 46, and the Mega Ball was 23.
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Expedia accuses Google of breaching EU regulators

Online travel agency Expedia on Friday accused Google of breaching EU rules with a formal complaint to EU antitrust regulators as it joined a dozen other firms that have taken their case to the European Commission in the last two years.

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