UNITED STATES

Euro area growth to slow sharply; debt crisis key: OECD

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The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in battered state finances could prompt a major contraction in developed countries, the OECD said on Monday.
Nicholas Sarkozy

Do Short Men Rule The World?

To augment his stature, Sarkozy has stood on boxes, foot-stools, even on his tippy-toes and reportedly even demanded to be photographed only among other short (or shorter) people
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UK facing disturbing number of cyber attacks

British government and industry computer systems are facing a disturbing number of cyber attacks, including a recent serious assault on the Foreign Office's network, the head of Britain's communications spy agency said on Monday.
Steve Jobs

Mona Simpson Shares Steve Jobs' Final Words: 'Oh Wow, Oh Wow, Oh Wow'

Late Apple co-founder and former CEO Steve Jobs' biological sister Mona Simpson has shared the final words of her genius brother in the eulogy she delivered at his Oct. 16 memorial service at Stanford University. The surprising last words that Jobs uttered from his deathbed were, Oh wow, oh wow, oh wow.
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Sony starts moves to overhaul struggling TV biz

Consumer electronics giant Sony Corp said on Monday it will split its television business into three divisions to make operations more accountable as part of efforts to turn around the loss-making business.
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Panasonic Cuts Annual Outlook to Worst Loss in Decade

Japanese electronics maker Panasonic Corp slashed its annual outlook to a $5.5 billion net loss on Monday, its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.
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Panasonic cuts annual outlook to worst loss in a decade

Japanese electronics maker Panasonic Corp slashed its annual outlook to a $5.5 billion net loss on Monday, its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.
Jon Corzine, chairman and chief executive officer of MF Global Holdings

Did Corzine's Risk-Taking Cripple MF Global?

In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
Clocks turn back this Sunday as daylight saving time ends

Daylight Saving Time Ends Nov. 6 in U.S.: Is it Healthy or Harmful?

For some countries around the world, it's time to turn the clocks back, marking the end of the Daylight Saving Time (DST). But for the U.S. and Canada, there is yet another week to go. The practice of DST has been criticized and reported to cause problems for farming and other occupations tied to the sun. What about its impact on human health? Is it healthy or harmful?
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Gold Drops 2% on Japanese Yen Move

Gold prices dropped about 2 percent on Monday, after Japan's intervention in the currency market triggered a rapid rally in the dollar, spooking precious metals investors.
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Kyrgyz Premier Wins Presidential Election by Wide Margin

Kyrgyzstan's Russian-backed prime minister was poised to become president of the strategically important former Soviet republic Monday, with nearly all votes counted in an election set to be disputed by disgruntled rival candidates.
Occupy Wall Street

Occupy Wall Street - Giving Voice to Economic Problems, or Just Hype?

It’s convenient to think that the economic and social problems in the United States that Occupy Wall Street has given voice to will go away by passing a flat tax, cutting taxes again on upper-income groups, or perhaps by just ignoring everything. But the economic and social problems are there, Occupy Wall Street or not.

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