MARKETS / FINANCE

Daniel Loeb, chief executive of hedge fund Third Point, said he would continue to push to revamp Yahoo Inc's board of directors following Yahoo's decision to reject him as a board member.

Wednesday's successful protests in defense of Balwant Singh Rajoana evince a longstanding tension between Sikhs and other religious groups in India.

Gold-Ore Resources Ltd. said Wednesday it was increasing the underground reserves at its Bjorkdal gold mine in Sweden by 210 percent.

Apple (Nasdaq: AAPL) CEO Tim Cook’s visit to China isn’t for sightseeing. Rather, the new boss has met Vice Premier Li Keqiang, who may be the next Premier of China, as well as other officials.

Former MF Global Holdings Ltd Chief Executive Jon Corzine assured JPMorgan Chase & Co shortly before his brokerage firm collapsed that it had ample funds to cover overdrafts, a lawyer for the bank is expected to testify.

AuRico Gold Inc (NYSE:AUQ), a North American gold producer, reported higher earnings for the fourth quarter and the 2011 year on increased production.

Christianity in China is booming despite the government’s rigorous attempts to control religious practice.

Stocks were flat on Wednesday as a weaker-than-expected reading on durable goods orders offset hopes that high oil prices could fall, removing a headwind to the economic recovery.

The Trayvon Martin case continues to become further polarized as fallout builds after the 17-year-old's death. From hoodies to trademarks to forced relocation, it seems as if the Trayvon Martin case is churning in a pressure cooker ready to explode.

New orders for long-lasting factory goods rose less than expected in February and a gauge of future business investment also fell short of forecasts, casting a shadow on the manufacturing sector's support of the recovery.

A group spear-headed by former basketball great Earvin Magic Johnson agreed to buy the Los Angeles Dodgers baseball team for a record $2 billion, team owner Frank McCourt announced on Tuesday, capping a two-year drama that started with McCourt's divorce and wound its way through bankruptcy court.

Stock index futures pointed to a flat open on Wednesday, cutting earlier gains after a weaker-than-expected reading on durable goods orders.

Canadian gold miner Kirkland Lake Gold said it will buy Queenston Mining's 50 percent stake in certain joint venture properties for C$60 million ($60 million) to develop its inventory of the precious minerals.

New orders for manufactured goods rose less than expected in February and a gauge of future business investment also fell short of forecasts, Commerce Department data showed on Wednesday.

Gold prices slid below $1,680 an ounce on Wednesday, extending the previous day's retreat from two-week highs as the momentum sparked by expectations for further monetary easing faded after the metal failed to break through key resistance.

MF Global's North America chief financial officer plans to tell lawmakers on Wednesday that she desperately sought fund transfers to cover the customer account shortfall in the final hours before the firm's collapse, but that some banks would not execute them.

Stock index futures rose on Wednesday as several governments, including the United States, considered releasing oil reserves to ease high prices.

Senior executives within Goldman Sachs have talked about splitting the roles of chief executive officer and chairman, two sources said, although pressure for any imminent move appears to have eased after a deal with a labor union pension fund.

The bank industry, struggling to make the profits it used to, is using the struggles of another industry for its marketing: The Postal Service.

Goldman Sachs Group Inc's first-quarter earnings are expected to benefit from the increased use of derivatives by European clients seeking ways to hedge risk, according to an internal report seen by Reuters.

Britain's economy shrank by more than expected in the last three months of 2011 than previously thought, driven down by a weaker services sector, official data showed on Wednesday.

Mark Zuckerberg wants at least $5 billion from Wall Street investors, but those investors will not be getting much face time in return.

Investors wonder if Research In Motion Ltd., which reports quarterly results Thursday, can rebound from recently anemic performance due to falling sales of its BlackBerry device. RIM's turnaround is being led by Thorsten Heins, who took over as CEO in January.

Britain's economy shrank by more than expected in the last three months of 2011 than previously thought, driven down by a weaker services sector, official

Pressure is building in Britain and Australia for fresh probes into Rupert Murdoch's News Corp, already under siege over phone-hacking claims, after allegations that it ran a secret unit that promoted pirating of pay-TV rivals.

Societe Generale aims to cut the liquidity needs of its corporate and investment bank by 50 to 60 billion euros ($79.93 billion) as it sells more loans, the French bank said on Wednesday in a slide presentation.

CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group , the insurance company he runs. Of course, that depends on how one defines profit.

Stocks retreated from near four-year peaks on Tuesday, while a batch of large-cap shares hit new highs, with the help of portfolio managers snapping up top performers near the end of the quarter.

Insolvent oil refiner Petroplus said on Wednesday it planned to negotiate a sale of its assets and would delist its stock and a $150 million convertible bond from the Swiss bourse by mid-May.