U.S. may issue record fine to Massey Energy for accident: report
Federal regulators are expected to issue the largest fine ever to a U.S. mining company in connection with the Massey Energy accident last year that killed 29 coal miners in West Virginia, the Wall Street Journal said, citing two people briefed on the matter.
Panel finds no evidence of organized crime in Olympus scandal
An investigative panel on Tuesday found no link between organized crime and Japan's disgraced Olympus Corp, an outcome that may help it survive a $1.7 billion accounting scandal that ranks as one of the nation's worst.
South Korea's net nirvana spawns good, bad and ugly results
On a single, dimly-lit floor in the towering central Seoul headquarters of Korea's National Police Agency, dozens of hard drives and mobile phones sit on shelves awaiting dissection.
Olympus shares surge as moment of truth approaches
Shares in Japan's disgraced Olympus Corp surged on Tuesday as investors bet that a probe into its scandal-ridden accounts would not turn up any nasty new surprises which could lead to the stock being delisted.
Analysis: SAP's new cloud czar to take on Salesforce, Oracle
SAP AG's purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.
Olympus soars ahead of third-party panel report
Shares of Olympus Corp soared as much as 15 percent on Tuesday ahead of the company's release of the findings of an investigation into an accounting scandal.
Leap, Verizon Wireless exchange spectrum
Leap Wireless International Inc on Monday swapped wireless airwaves with Verizon Wireless in a series of deals aimed at beefing up its presence in the Chicago area.
Instant view: S&P warns of possible downgrades to 15 euro zone
Standard & Poor's on Monday warned it may downgrade the credit ratings of 15 euro zone countries as the region's debt crisis deepens.
Pentagon, Lockheed move forward on F-35 contract
The Pentagon on Monday said it had reached a tentative agreement with Lockheed Martin Corp on key aspects of a new contract for F-35 fighter jets, allowing Lockheed to start building a fifth batch of planes and billing the government for incurred costs.
Monti warns of Greek-style risk to Italy
Italy risked a Greek-style economic collapse which could threaten the future of the euro without the austerity package approved by the government, Prime Minister Mario Monti said on Monday, calling on European partners to do their part.
Analysis: Chevron win suggests Tiger is back to his best
While some will argue that Tiger Woods' long-awaited return to the winner's circle on Sunday came in an unofficial 18-man event with the odds stacked in his favor, there is no doubt the former world number one is back to form.
Lehman hearing may herald end of bankruptcy
Lehman Brothers Holdings Corp is about to take its last step toward exiting a more than three-year-long bankruptcy process, a move that should enable it to begin paying back investors next year.
Wall St up but warning on Europe chills rally
Socks gained on Monday, but the day's rally was dampened by news that Germany and other top-rated European nations could see their credit ratings cut.
Japan's Olympus faces moment of truth in accounting
The fate of Japan's disgraced Olympus Corp may become clearer on Tuesday, when it is expected to release the findings of an investigation into an accounting scandal that has threatened to bring the 92-year-old firm to its knees.
TMX says junior miners retain cashraising appetite
The Toronto Stock Exchange, home to the largest number of mining companies globally, has seen capital raising in the sector remain resilient this year despite volatile markets, with a strong pipeline ahead, a senior executive said on Monday.
Sun Life to cut 90 positions following loss
Sun Life Financial (SLF.TO: Quote) is cutting about 90 positions after weak market conditions sent the insurer to its first quarterly loss in two years.
New Jersey Bear Hunt Begins in Spite of Animal-Rights Opposition
New Jersey's annual bear hunt began on Monday in spite of attempts by animal-rights groups to stop it. Supporters of the hunt say it is necessary to reduce New Jersey's black bear population, while opponents say it is inhumane.
S&P to warn of downgrades for all euro zone: EU
Standard & Poor's is expected to announce later on Monday that it may downgrade the credit ratings of all 17 euro zone countries, two EU officials told Reuters.
WestJet warns later bookings to hold back revenue
WestJet Airlines Ltd, Canada's No. 2 airline, said on Monday its flights in November were not as full as a year earlier and warned delayed holiday bookings would hold back a revenue benchmark in the current quarter.
Tiger ends two-year title drought with Chevron win
Tiger Woods ended a frustrating victory drought of just over two years when he clinched the Chevron World Challenge which he hosts by one shot Sunday, holing a six-foot birdie putt at the last.
Bank of Canada says Greece exit not the cure
Kicking Greece out of the euro zone would not be an easy cure for the region's sovereign debt problems, Bank of Canada Governor Mark Carney said in an interview published on Monday.
Many Employers Continue to Set Higher Targets for Executive Pay, Survey Says
About 42 percent of employers plan to set higher annual performance targets for executives in 2012 compared to this year, according to a survey conducted by Pearl Meyer & Partners of 190 organizations including publicly traded and privately held companies, along with non-profits.
Ontario watchdog warns on green energy costs
The high cost of Ontario's green energy plan may drive up electricity bills significantly in the province in the future, the government's auditor general said in his annual report on Monday.
American Oddities: The Strangest Towns in the US
Ever thought about getting married in Hell, Michigan or sending your Christmas list to Santa Claus, Indiana?
Samsung up after Apple's bid to ban Galaxy rejected
Shares in Samsung Electronics Co Ltd rose more than 2 percent on Monday after Apple Inc's bid to halt U.S. sales of its Galaxy line of products was rejected, easing concern of slowing growth in its telecom business, which generates revenue of $13 billion per quarter.
Canada bankruptcy may hurt Islamic finance in North America
The insolvency of an Islamic mortgage lender in Canada may hinder the growth of sharia-compliant finance in North America, where the industry has struggled to gain traction in the absence of a supportive regulatory framework.
RIM bets the house on QNX
Research In Motion, facing analyst stock price target downgrades after its steep profit warning on Friday, is willing to absorb huge losses on its unloved PlayBook because the success or failure of the tablet are key to RIM's hopes of revitalizing its BlackBerry.
Simpsons, Allen Gregory up, Pan Am hits ratings low
Fox's block of animated series received a major boost Sunday night, with Allen Gregory surging 60 percent, while ABC's Pan Am fell to a series low, according to preliminary numbers. NBC won the night overall.
Supreme Court Won't Review NYC Ban on Public-School Worship
The Supreme Court declined on Monday to review a state court's ruling that religious groups in New York could not use public school facilities for worship services, even outside of school hours.
Conan O'Brien, Meryl Streep, Rosie O'Donnell to Guest in 'Web Therapy' Season 2
Conan O'Brien, Rosie O'Donnell, Minnie Driver will be among Lisa Kudrow's guests in the second season of Web Therapy, Showtime said Monday.