IBT Staff Reporter

46351-46380 (out of 154954)

Ottawa to rethink federal regulator plan

Canada's top court derailed government plans to consolidate a patchwork system of provincial securities regulators on Thursday, ruling that proposed federal legislation violated provincial rights and forcing the government back to the drawing board.

Angelina Jolie's Blood an earnest effort

When actors decide to direct, it's often a dicey proposition. Some are naturals (Clint Eastwood) but others turn out films that are unwatchable, self-indulgent hokum (anyone else sit through Nicholas Cage's Sonny in 2002?).

Helen Mirren providing inner voice on Glee

Britney Spears, Nene Leakes... Helen Mirren? Add the dame and Oscar winner to the list of Glee guest stars, as Fox confirms to TheWrap that she has recorded a guest voice performance for the series' January 17 episode.

Drake, Tony Bennett, help Carson Daly rock NYE on NBC

Will Drake and Tony Bennett be the next to pair off on one of Bennett's Duets tunes? Maybe not. But the rapper and crooner are among the guest who'll perform on NBC's New Year's Eve With Carson Daly special on December 31.

Yahoo to weigh deals for Asian assets: sources

Yahoo Inc is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said on Wednesday, winning nods of approval from Wall Street and driving its shares higher.

Softbank to quit on Myspace in Japan: report

Softbank Corp will quit its domestic social networking site business after just five years, liquidating a joint venture with Rupert Murdoch's News Corp for the Japanese-language version of Myspace, the Nikkei business daily reported.

Jobless claims drop signals economic momentum

The number of Americans filing new claims for jobless benefits hit a 3-1/2 year low last week, bolstering views the economy was gaining momentum, even though third-quarter growth was revised down.

Watchdog faults Ernst & Young on audits

A 2010 inspection by the U.S. audit industry watchdog faulted accounting giant Ernst & Young for a range of audit issues, including not getting enough supporting evidence and problems with testing the fair value of financial instruments.

Paulson funds down again in December: source

There will be no holiday cheer for hedge fund manager John Paulson this month, as his dismal performance in 2011 is capped off by another miserable performance so far in December.

Wall Street job, bonus cuts to hurt growth: report

As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will hurt growth in the broader U.S. jobs market in the coming months, TrimTabs Chief Executive Charles Biderman said.

ESRB's warns financial stresses have worsened

The dangers facing Europe's financial system have continued to worsen, Europe's recently created super-watchdog, the European System Risk Board , said on Thursday, as it urged the euro zone to get its new rescue fund up and running.

Wall Street gains for third day

Stocks rose in another thinly traded session on Thursday, putting the S&P on track for its third straight advance after data pointed to ongoing improvement in the labor market and reinforced expectations for a rally into the end of the year.

Adam Lambert says lesson learned after arrest

Former American Idol finalist Adam Lambert brushed off his arrest in Finland on Thursday, blaming his bad behavior on travel, booze and irrational confusion and adding lesson learned on Twitter.

Zhang, Bale blossom together on Flowers of War

In 100 years of Chinese film, The Flowers of War is the first major title to feature a western movie star. It earned a Golden Globe nomination for best foreign language film, and is China's entry for Oscars.

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