UNITED STATES

The U.S. Federal Reserve building is pictured in Washington

Fed Names Michael Gibson New Head of Bank Supervision

The Federal Reserve Board on Wednesday named Michael Gibson as director of the Division of Banking Supervision and Regulation, an important role that oversees the implementation of Dodd-Frank rules and bank stress tests, effective Jan. 1, 2012.
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RIP GamePro Magazine: 1989-2011

Gaming magazine GamePro is shutting its doors after 22 years of operations. Several employees will be absorbed by PCWorld.
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E*Trade says economy hampered option to sell

E*Trade Financial Corp's chief financial officer said on Wednesday that the deteriorating economic environment spurred by Europe's debt crisis was a key reason behind the No. 3 online brokerage's decision not to put itself up for sale after its recent strategic review.
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California Groups Jockey to Put Tax Jikes on Ballot

With California Governor Jerry Brown making little progress in his efforts to solve the state's intractable budget problems, a number of private groups are maneuvering to put new tax measures to the voters next November.
Cast members Robert Pattinson (L) and Taylor Lautner pose before the German premiere of the movie ''Twilight Saga: Breaking Dawn'' in Berlin November 18, 2011.

'Twilight' Film Surpasses $500 Million Worldwide

The Twilight Saga: Breaking Dawn - Part 1 broke the $500 million mark at worldwide box offices on Monday after its release only 12 days ago, film distributor Summit Entertainment said on Tuesday.
U.S. Secretary of State Clinton smiles upon her arrival in Naypyitaw, Myanmar

Clinton Makes Historic Visit to Myanmar

Arriving in Myanmar on Wednesday, Hillary Clinton became the first United States Secretary of State in more than 50 years to visit the country, also known as Burma.
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Consumer agency sees confusion on credit cards

In its first three months in operation, the U.S. consumer financial watchdog received more than 5,000 complaints from credit card customers, led by billing disputes and interest rate problems.
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Q3 GDP beats Street, rebounds from Q2 fall

The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.
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Hackers jailbreak RIM's PlayBook

Three hackers say they have exploited a vulnerability in Research In Motion's PlayBook tablet to gain root access to the device, a claim that could damage the BlackBerry maker's hard-won reputation for security.
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Analysis: Central Banks Buy Wiggle Room, Not Solution

Central bank action on Wednesday to ease severe funding strains for the world's private sector banks may help cushion a brewing global credit crunch but it only buys some wiggle room for governments trying to resolve the euro debt crisis and keep banks lending.
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Goldman CEO Can Testify in Insider Case: Judge

Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein may be asked to testify in a market regulator's insider-trading case against a former director of the Wall Street bank, a judge ruled.

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