Exclusive: Olympus says preparing legal action against execs
Japan's disgraced Olympus Corp is preparing to take legal action, including possible criminal complaints, against any executives found responsible for the accounting scandal engulfing the firm, according to an internal staff email.
Vivendi Profits up, Sees no Impact from Crisis
Telecoms and entertainment group Vivendi said on Wednesday it had yet to see an impact from the current economic gloom on its business as it posted higher 9-months profits, driven by fast-growing demand in Brazil and in its video games business.
England 1-0 Sweden: Match Highlights [VIDEO]
An experimental England side were 1-0 winners against Sweden for the first time in 43-years at the Wembley Stadium in London.
Olympus Preparing Legal Action Against Execs: Documents
Japan's disgraced Olympus Corp is preparing to take legal action, including possible criminal complaints, against any executives found responsible for the accounting scandal engulfing the firm, according to an internal staff email.
Germany 3-0 Netherlands: Match Highlights [VIDEO]
Germany sent out a subtle message to their contenders for Euro 2012 with a 3-0 thrashing of world cup finalists Netherlands at Hamburg on Tuesday.
Keen video-gamers' brains may reward them more
Teenagers who spend a lot of time on video-games have different structures and activity levels in areas of the brain that are linked to reward, scientists have found, suggesting they get more out of gaming than people who tend to play less.
China FDI Remains Strong, but Export Outlook Darkens
Foreign direct investment into China climbed nearly 16 percent in the first 10 months of 2011 from a year earlier as foreign investors continued to flock to the world's fastest-growing major economy despite the global economic malaise.
China FDI remains strong, export outlook darkens
Foreign direct investment into China climbed nearly 16 percent in the first 10 months of 2011 from a year earlier as foreign investors continued to flock to the world's fastest-growing major economy despite the global economic malaise.
Portugal 6-2 Bosnia-Herzegovina: Match Highlights [VIDEO]
A Cristiano Ronaldo inspired Portugal stormed into the Euro 2012 Finals after thrashing Bosnia-Herzegovina 6-2 in the second-leg of the playoffs at Lisbon.
Lindsay Lohan Would Be Worth More Dead Than Alive, Author Says
Given how Lindsay Lohan has fallen from grace due to her alcohol and drug problems, it's no wonder the ex-jailbird would probably be worth more dead than alive, according to the author of Celebrity Inc.
Asian shares fall on euro zone contagion fears
Asian shares and the euro fell on Wednesday as signs that rising borrowing costs were affecting AAA-rated France stirred fears that even core euro zone members may not escape contagion from the region's debt crisis.
U.S. reserves right to meet cyber attack with force
The United States reserves the right to retaliate with military force against a cyber attack and is working to sharpen its ability to track down the source of any breach, the Pentagon said in a report made public on Tuesday.
Foreign Institutions Flock to China's Social Network
What do the International Monetary Fund, Louis Vuitton and Unilever have in common?
Foreign institutions flock to China's social network
What do the International Monetary Fund, Louis Vuitton and Unilever have in common?
Citigroup May Cut up to 3,000 Jobs: Report
Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.
Citigroup could cut up to 3,000 jobs: report
Citigroup In c is planning to cut as many as 900 jobs from its securities and banking division as it grapples with turmoil in equity and debt markets, the Wall Street Journal reported Tuesday.
Apple, with eye on media, names Disney's Iger to board
Apple Inc moved to shore up its board after the death of Silicon Valley legend Steve Jobs, appointing Walt Disney Co chief executive Bob Iger to its board to propel its media ambitions.
Drake finds new groove on Take Care
The 25-year-old rapper-singer, born Aubrey Drake Graham in Toronto, Canada rose to stardom under the tutelage of rapper Lil Wayne, who signed Drake to his Young Money record label in 2009, and Take Care tells of his rocket ride to rap stardom.
Olympus Shares Rise; Ex-CEO may be Questioned
Shares in Japan's disgraced Olympus Corp jumped on Wednesday on speculation that it can escape delisting over an accounting scandal and that the brunt of any punishment will be borne by a few executives rather than the firm itself.
Qantas hopeful on deal with unions, shares rally
Australia's Qantas Airways is hopeful of reaching an agreement with three key unions by a November 21 deadline, its chief executive said on Wednesday, after it grounded its fleet last month in a desperate bid to end industrial disputes.
Samsung Elec buys U.S. healthcare equipment maker Nexus
Samsung Electronics said late on Tuesday that it had purchased U.S. provider cardiac testing solutions provider Nexus, marking its second healthcare acquisition as the technology giant pushes into new growth areas.
Postal Service loses $5.1 billion in fiscal 2011
The Postal Service reported a net loss of $5.1 billion for its 2011 fiscal year and on Tuesday warned that could run out of cash by September of next year if Congress did not offer relief.
Fannie, Freddie cut lenders' risk in refinance program
Fannie Mae and Freddie Mac , the largest sources of U.S. housing finance, both said on Tuesday they would relieve lenders from certain risks associated with refinanced loans in an effort to help a government program reach more distressed homeowners.
Intel fund focuses on mobile applications
Intel is launching a $100 million fund to invest in companies creating applications and content that complement its mobile chips, which have struggled to find a foothold in tablets and smartphones.
Kat Von D Breaks Silence on 'Philanderer' Jesse James (PHOTOS)
The former L.A. Ink star Kat Von D has finally broken the silence and has revealed that her ex-fiance Jesse James had cheated on her with at least 19 women when they were together.
Kat Von D Breaks Silence on 'Philanderer' Jesse James (PHOTOS)
The former L.A. Ink star Kat Von D has finally broken the silence and has revealed that her ex-fiance Jesse James had cheated on her with at least 19 women when they were together.
Texting mistake lands would-be drug buyer in jail
Text messages about buying drugs mistakenly sent to a Nebraska state trooper led to the arrest of a 23-year-old man on marijuana possession and other drug charges, police said on Tuesday.
Disney CEO Iger on Apple board, Levinson chairman
Apple Inc moved to shore up its board after the death of Silicon Valley legend Steve Jobs, appointing Walt Disney Co Chief Executive Bob Iger to its board to propel its media ambitions.
Diane Keaton's Memoir Discusses Bulimic Years
Diane Keaton struggled with bulimia for five years before a psychotherapist helped her overcome it sometime around 1973, the actress wrote in a memoir that hit bookstores Tuesday. After learning she needed to lose 10 pounds to land a part in the original Broadway production of Hair in 1968, Keaton wrote, she would consume staggering amounts of ice cream that she later regurgitated.
France draws fire after alarm bells warning
France came under heavy fire on global markets Tuesday, reflecting fears that the euro zone's second biggest economy is being sucked into a spiraling debt crisis.