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Stock futures point to slight gains for Wall Street

Stocks were set to open slightly higher on Thursday, adding to gains from the previous session, with futures for the Dow Jones, the S&P 500 and the Nasdaq all up by around 0.1 percent by 0900 GMT (4 a.m. ET).
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The Deutsche Bank headquarters in Frankfurt

Deutsche Bank settles tax shelter case for $553.6 mln

Deutsche Bank has entered into a non-prosecution agreement to pay $553.6 million penalty for participating in fraudulent tax shelters that let clients hide billions of dollars from the Internal Revenue Service (IRS) and dodge taxes, U.S. prosecutors said.
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Bond market seen firm as year-end approaches

U.S. Treasuries debt prices should stay firm into year-end, following a strong seven-year note auction on Wednesday, as investors square books ahead of year-end and prepare for Federal Reserve purchases next week.
File handout photo dated November 17, 2009 shows the U.S. Navy's USS George Washington aircraft carrier participating in the ANNUALEX 21G naval exercise in the Okinawa region.

China's new missile won't block U.S., admiral says

China's new anti-ship aircraft carrier killer missile has achieved initial operational capability, but that won't affect the United States military's operations in the commercially vital South China Sea, a top U.S. military commander said.
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Extend gains after strong 7-year auction

U.S. Treasuries extended price gains on Wednesday, with the 30-year bond rising over a point after a $29 billion auction of seven-year notes saw strong demand.
A South Korean Army soldier walks up steps of a guard post near the demilitarised zone separating the two Koreas.

S. Korea waves olive branch

South Korean President Lee Myung-bak was forceful, even bellicose, in speaking about North Korea on Monday. But on Wednesday, Lee struck a conciliatory note, expressing a desire for dialogue with his country's difficult neighbor to the north
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U.S. blizzard delays $1 billion in holiday sales

A blizzard in the U.S. Northeast this weekend postponed about $1 billion in holiday retail sales by keeping shoppers out of stores in the days after Christmas, research firm ShopperTrak said on Wednesday.
Paul Allen sues Apple, Google, Yahoo, Facebook over patents

Microsoft Co-Founder Re-Files Patent Suit

Microsoft co-founder and billionaire Paul Allen added details to the patent infringement lawsuit filed against Google, Apple, eBay, Facebook, Netflix, AOL, Yahoo!, Office Depot, OfficeMax and Staples in August.
Traders work on the floor of the New York Stock Exchange

US stocks open higher

US stocks advanced in early trade on Wednesday with S&P 500 Index advanced 1.63 points, or 0.13 percent, to trade at 1,260.14 at 10:00 a.m. EDT. The Dow Jones Industrial Average gained 24.86 points, or 0.21 percent, to trade at 11,600. The Nasdaq Composite Index gained 0.10 percent.
Pieces of chocolate are seen at the 14th Salon du Chocolat (Paris Chocolate Show) in Paris

Genomics makes for better chocolate

Who said investments in research don't pay off? Scientists from around the world are diligently working to make sure that the world's finest chocolate is better and more available.
A passenger sleeps at JFK International Airport as she waits for the airport to reopen in New York

Tips for stranded travellers

Snow storms are probably worst nightmares for air travellers, especially during holiday season. Scores of passengers in U.S. continue to curse their luck as the worst December snowstorm hit northeast. Here are some tips for snow-stranded travellers.
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Retail sales down 4.1 percent last week: report

Retail sales fell 4.1 percent in the week ending on Christmas Day, according to research firm ShopperTrak, largely because December 26 fell on a Sunday this year and was not included in Christmas week sales.
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Home foreclosures jump in 3rd quarter: regulators

U.S. home foreclosures jumped in the third quarter and banks' efforts to keep borrowers in their homes dropped as the housing market continues to struggle, U.S. bank regulators said on Wednesday.

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