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Wall St to open up on Europe, data could weigh

Wall Street was set for a higher open on Thursday after three straight winning sessions on relief European leaders were committed to keeping Greece afloat, but weaker-than-expected data, including jobless claims, kept gains in check.

Roof Collapse Hurts 17 at Busy U.S.-Mexico Crossing

Border police stand near the collapsed scaffolding supporting the roof at the San Ysidro port of entry, linking Tijuana, Mexico, with San Diego, California, in Tijuana
A roof collapsed at the San Ysidro border crossing between Mexico and the United States on Wednesday, piling debris on lines of cars, injuring at least 17 travelers and construction workers and closing lanes to northbound traffic.

Republicans Favor Perry, But Obama Still Leads Over GOP Nominees: Poll

U.S. Republican presidential candidate Texas Governor Rick Perry
In the latest Bloomberg News Poll on the 2012 election, Republican and Republican-leaning Independent voters favor Texas Gov. Rick Perry over former Massachusetts Gov. Mitt Romney, but in the poll's entire sample, the public still favors President Barack Obama over any GOP nominee.
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Apple iPhone 4

Apple iPhone 5 Sales in China may Start in December

As tech enthusiasts and Apple fans are eagerly awaiting the iPhone 5 that is expected to come in October, a Wall Street analyst expects the next iteration of the iPhone to start selling in China as early as December.
Gold bars

Gold Prices Fall on Hopes Greece May Remain in Eurozone

Gold prices fell Thursday around the world as investor fears of a Euro zone collapse gave way to hope that coordinated intervention by global monetary authorities could contain and even cure the continent's sovereign debt crisis.
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Futures up on Greek hopes; data in focus

Stock index futures rose on Thursday after three days of market gains as investors welcomed signs that European leaders are committed to keeping Greece afloat for now.
Gold bar

Gold Off As Politicians Vow to Keep Greece in Euro Zone

Gold prices slipped below $1,800 an ounce on Thursday as stock markets extended gains, with assurances from Germany and France about keeping Greece in the euro bloc boosting appetite for assets seen as higher risk at the precious metal's expense.
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Freeport McMoRan's Grasberg Operations Come to Halt

Production and shipments ground to a halt at Freeport McMoRan's Grasberg copper mine in Indonesia after thousands of workers began a month-long strike on Thursday, stoking fears of a global shortage following similar action at a major Peruvian mine.
Kweku Adoboli

Kweku Adoboli: UBS Rogue Trader Reportedly Loses $2 Billion

UBS has 65,000 employees. The Swiss bank has global operations, serving approximately 50 countries. The company has been around for nearly 150 years. But one rogue trader -- reportedly a 31-year-old living and working in London -- has apparently brought the company to its knees in embarrassment and financial loss.
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Can Sarah Palin Shake off Stigma of Sex, Drugs Revelations?

What's up next for Sarah Palin, the former Alaska Governor, regarding the 2012 presidential election? Palin came into prominence when she was selected by John McCain to be his vice presidential candidate in 2008. She has now associated herself with the Tea Party movement in the U.S.
A file photo of a traffic sign next to an UBS bank logo in Zurich

UBS Says Trader Who Lost it $2 Billion is Arrested

UBS said a trader has lost about $2 billion in unauthorized dealing and warned it might post a loss in the third quarter, a huge blow as the Swiss bank struggles to rebuild its credibility after years of crises.
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GM, Chrysler extend UAW contracts after talks slow

General Motors Co and Chrysler Group LLC agreed to extend labor contracts with the United Auto Workers on Thursday as the union's negotiations failed to produce the expected breakthrough on pay for 113,000 autoworkers.
Chocolate fountain.

Chocolate as Good as Exercise: Study

Moderate amounts of dark chocolate may help improve health, by stimulating muscle response in a similar way to exercise, a new research suggests.
Sarah Palin, former governor of Alaska

Book Claims Sarah Palin Had One-Night Stand with NBA Star Glen Rice

The former Governor of Alaska, Sarah Palin, who is expected to make an entry next year into the Republican race for 2012, is facing politically devastating allegations about her past. A new book, The Rogue: Searching for the Real Sarah Palin, authored by Joe McGinniss, alleges that Palin used cocaine and marijuana, had a one-night stand with NBA star Glen Rice and had a long term affair with one of her husband's former business associates.
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Global stocks extend gains

Stock markets rose for a third day on Thursday and the euro steadied, helped by signs that euro zone leaders are committed to keeping Greece afloat for now.
World Bank President Zoellick speaks at a news conference

World Economy in Danger Zone: World Bank Chief

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.
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World economy in danger zone: Zoellick

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.
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UBS rogue trader loses $2 billion

Switzerland's UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion.

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