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Buddhist Monks

As Myanmar opens, hoteliers see prospects

Travellers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the tinkly temple-bells of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott.
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Valley National faces margin squeeze

Valley National Bancorp's margins fell sequentially, prompting investor concerns about its profit growth in a low-rate environment, while its Northeastern peer First Niagara Financial managed to hold the line on its margins.
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Platinum Outlook Cautious on Heels of Negative Euro Truck Market

The outlook on platinum prices is cautious, said UBS, due to a deteriorating European truck market fueled by the crisis in Europe. The precious metal is a key component in catalytic converters for heavy duty diesel vehicles, tying platinum's outlook to the continued production of cars and trucks.
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Netflix wins over Wall Street with subscriber growth

Netflix Inc won back Wall Street's affections on Thursday after adding more U.S. subscribers than expected in the fourth quarter, a rebound that prompted analyst upgrades and the company's biggest one-day stock jump in two years.
Republican presidential candidate and former Speaker of the House Newt Gingrich is silhouetted against the U.S. flag during his speech at a Space Coast meeting in Cocoa, Florida January 25, 2012.

Gingrich Calls for Moon Base, Space Contests

Republican presidential contender Newt Gingrich called on Wednesday for a base on the moon and an expanded federal purse for prize money to stimulate private-sector space projects.
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Top bankers say more optimistic on euro crisis

The World Economic Forum's signature closed-session on banking saw financiers increasingly hopeful that the euro zone's debt crisis can be resolved and confident of a deal to ensure Greece's now inevitable debt default will be orderly.
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AIG debates if it could buy back AIA in future

American International Group Chairman Steve Miller said on Thursday the bailed-out insurance giant may eventually want to buy a life insurer outside the United States, including possibly a larger stake in the spun-off subsidiary AIA Group , as confidence in its turnaround grows.
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Eyes on Samsung smartphone sales, spending plans

Samsung Electronics Co, the world's top technology firm by revenue, will report record quarterly profit on Friday, powered by strong sales of its smartphones, but most interest will be in its 2012 spending plans and mobile sales numbers as it vies with Apple Inc for smartphone supremacy.
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Monster Worldwide cautious on 2012

Online recruitment firm Monster Worldwide Inc forecast a weak start to the year and said it will cut jobs, as it does not expect the global job market to improve drastically in the near term.
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AT&T posts big loss on hefty charges, iPhone costs

AT&T Inc posted a $6.7 billion quarterly loss due to a hefty break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.
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Jan Brewer, Barack Obama Have History of Clashing

When Arizona Gov. Jan Brewer confronted President Barack Obama on a tarmac and thrust an accusing finger at him, it was a small skirmish in a larger battle between Brewer and the Obama administration.
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Monster to cut 400 jobs

Online recruitment firm Monster Worldwide Inc said it will reduce its global workforce by about 7 percent and forecast a first-quarter profit below analysts' estimates amid a weak job market in the United States.

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