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Swiss finance minister says U.S. tax deal needs time: radio

Switzerland and the United States need more time to negotiate a tax deal, Swiss finance minister Eveline Widmer-Schlumpf told Swiss radio on Saturday, as the United States pushes for it to supply information on bank clients who are alleged to have evaded taxes.
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Matt Romney's Birther Gaffe

Matt Romney's Birther Gaffe: Obama, DNC Strike Back at Romney's Son [VIDEO]

Mitt Romney's son Matt made a colossal gaffe in New Hampshire yesterday when he said his father would release his tax records as soon as Obama releases his birth certificate. Though he's since apologized for the dumb joke, both the Obama campaign and the DNC are accusing the Romneys of pandering to the extreme fringes of the GOP, and DNC head R.T. Ryback is demanding Mitt Romney condemn his son's statements.
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China moving to more convertible yuan: Zhou

China's central bank governor argued in comments published on Saturday that Beijing does not control the yuan's flow across borders as tightly as some think and that it is natural for the currency's trading band to be widened over time.
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Happy New Year 2012: Top 10 Funniest Celebrity Tweets of 2011

Celebrities have continued to grab our attention this year, some with uninformed, melodramatic tweets and others with wit and groundbreaking news. Needless to say many of them have been entertaining. Here's a look back at some of the funniest tweets of 2011, ahead of the New Year.
Samsung Galaxy Nexus

Top 5 Samsung Smartphones of 2011

2011 has been a very exciting year for smartphones thanks to the number of devices that flooded the market, and the trend is expected to continue in 2012.
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Stratfor Hackers Publish Email, Password Data Online

Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses belonging to subscribers of private intelligence-analysis firm Strategic Forecasting Inc., along with thousands of customer credit-card numbers.
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Brazil's Embraer aircraft wins U.S. Defense contract

Brazilian planemaker Embraer will sell its A-29 Super Tucano aircraft to the U.S. Air Force, in a firm-fixed price delivery order contract worth $355 million, the company said in a statement late on Friday.
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December auto sales seen up 9 percent

U.S. new-vehicle sales for December are expected to show continued steady growth, but analysts say much of the gains are linked to buyers who delayed purchases and therefore will not an indicate a strengthening economy.
Russell Brand-Katy Perry 14-month marriage over

Russell Brand-Katy Perry 14-Month Marriage Over

British comedian and actor Russell Brand called it quits on his 14-month marriage to Teenage Dream singer Katy Perry on Friday, filing for divorce on the grounds of irreconcilable differences.
TSX hits highest level in two months

TSX ends volatile year with a rally

Toronto's main stock index closed higher on Friday, the last trading day of the year, as financial and resource shares rallied on signs the U.S. economy was recovering, but the jump was not enough to avert the market's first year-on-year decline since 2008.
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Verizon ditches $2 fee after customer uproar

Verizon Wireless has reversed its decision to charge a $2 fee for telephone and online bill payments, bowing to a storm of criticism from consumers and the U.S. communications regulator.

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