Singapore's Temasek sold stakes in two of China's biggest banks on Wednesday to raise $3.6 billion, in a move likely aimed at reducing the sovereign investor's big exposure to the financial sector and building up a warchest.
Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.
I am puzzled by the immense media attention on the sad tale of Casey Anthony, the 25-year-old Florida woman who was just found not guilty of killing her 2-year-old daughter Caylee.
Insight Communications Co, controlled by The Carlyle Group, received final bids in its auction last week and a buyer will likely be picked within a month from bidders including WideOpenWest LLC and Mediacom Communications, the Wall Street Journal reported.
Asian stocks were off to a weak start while the euro remained fragile on Wednesday morning after Moody's slashed Portugal's credit rating to junk status and as investors take a breather after the past week's rally in risky assets.
The Obama Administration has asked the state of Texas to refrain from executing a Mexican national who was convicted of raping and murdering a Texas teenaged girl.
comScore has the latest stats for the fierce smartphone OS war. Google's Android is still number one and Apple is still improving. RIM's Blackberry, however, is hurting badly.
Netflix Inc is expanding its online video service to 43 countries in Latin America and the Caribbean, sending its shares to an all-time high.
Hackers seized control of a PayPal Twitter feed for more than an hour on Tuesday, then sent out messages criticizing the payment processor in the second attack of its type in two days.
I am puzzled by the immense media attention on the sad tale of Casey Anthony, the 25-year-old Florida woman who was just found not guilty of killing her 2-year-old daughter Caylee.
Google's Android phones continued its march to dominance. For the three months ended May 2011, it has 38 percent of the US smartphone market share, up from 33 percent in February 2011.
Talk Show Host Rush Limbaugh is, arguably, the most successful talk show host in the history of modern radio. But is Limbaugh an American icon or an example of what's wrong with the United States today?
The Casey Anthony trial exploded on Twitter as everyone had something to say about the 'not guilty' verdict. Most of the tweets expressed outrage and disbelief. Entenmann's and OJ Simpson were also dragged into the outpouring.
Moody's Investors Service on Tuesday cut Portugal's credit rating by four levels to Ba2, two notches into junk territory, saying there is great risk the country will need a second round of official financing before it can return to capital markets.
Netflix has a lot of short-sellers betting against its long-term stock success. Here's five reasons why the shorts are wrong.
On Wednesday at 2 p.m. President Obama will hold a Twitter town hall -- just two days after hackers pulled off a hoax involving him and a Fox News Twitter account. Here are five book blurbs on Twitter and Obama to get yourself up to speed before the event.
The French novelist called Strauss-Kahn a rutting chimpanzee
Google Inc's Chrome Web browser has grabbed more than 20 percent of global market share, while Microsoft Corp's long-time leader Internet Explorer has slipped below 50 percent, according to Internet statistics firm StatCounter.
A new study says environmental factors may be more important than genes in determining whether a child develops autism.
As the clock ticks down to this week's final space shuttle launch, there is a mounting sense of uncertainty about future U.S. dominance in space.
Verizon Wireless, the biggest U.S. mobile provider, will stop offering customers unlimited data services for a set fee on July 7, meaning higher prices for heavy users of services such as mobile Web surfing.
Retailers are expected to report healthy sales gains for June, as bargains brought in nervous shoppers, leaving some wondering whether too much discounting may crimp second-quarter profits.