PIMCO's Gross: U.S. Banks Need More Capitalization
U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
Barcelona 4-0 Viktoria Plzen - Match Highlights [VIDEO]
Defending champions Barcelona became the first team to qualify for the knock-out rounds with a 4-0 win at Viktoria Plzen in the Uefa Champions League.
Olympus panel aims to hear ex-CEO; need at least month
A panel set up to investigate the Olympus Corp scandal wants to hear from the firm's ousted British chief executive and will need at least a month to report its findings, the group's head said on Wednesday.
PIMCO's Gross: U.S. banks need more capitalization
U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
Greek PM wins cabinet backing for referendum
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.
Greek PM wins backing from cabinet for referendum
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.
Greek PM convinces cabinet to push referendum ahead
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.
PIMCO's Gross says U.S. banks need further capitalization
U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
Will Apple Change Under Tim Cook?
A little over two months as CEO, a new report outlined by the Wall Street Journal talks about the adjustments Tim Cook has began making. As a whole, it seems as though Cook will not making any changes to Apple's overall success formula.
Sony's Hirai to address Q2, focus on restructuring
Sony Corp's heir apparent will make a rare appearance at the Japanese firm's earnings conference on Wednesday, raising hopes the once-stellar brand is at last getting to grips with its struggling TV business and can challenge smartphone rivals.
Greek Premier Gets Cabinet to Back Referendum, Faces Grilling by Europeans
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his Cabinet Wednesday to push ahead with a speedy referendum on the European debt bailout deal.
Greek PM convinces cabinet, next up Merkel and Sarkozy
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.
‘Breaking Dawn’ Sex Wasn’t Overdone, Director Says
Bill Condon, the director behind The Twilight Saga: Breaking Dawn - Part 1, told MTV.com Monday that the sex scene between Kristen Stewart and Robert Pattinson has more to do with love than lust, which made it easier to get a PG-13 rating from the Motion Picture Association of America.
Atmel sees weak sales to iPad rivals in Q4, shares fall
Chipmaker Atmel Corp forecast dismal fourth-quarter sales and margins, mostly on lower sales of touchscreen controllers to iPad rivals grappling with higher inventories and a weak global economy.
Analysis: Groupon IPO to test nascent private stock markets
Groupon Inc's IPO may be the biggest test yet for the nascent private stock exchanges that allow investors to trade the shares of hot start-ups like Facebook Inc before they go public.
'Minecraft' Coming To Xbox 360 (VIDEO)
The hit indie game 'Minecraft' is coming to Xbox 360 and will be playable at MineCon.
OPD Confused by Mayor Quan: Where is the Occupy Revolution Headed?
This Tuesday afternoon, the Oakland Police Officers' Association stated in an open letter to the citizens of Oakland that they are confused by Quan's Administration and its orders. At a time like this, why is Jean Quan appearing to waver on her support for the Occupy movement?
U.S. sues Allied Home Mortgage for lending fraud
Prosecutors sued a large U.S. mortgage broker and two top executives for an alleged decade-long fraud that cost the government hundreds of millions of dollars on risky home loans.
Greek PM defies anger to defend referendum plan
Greek Prime Minister George Papandreou said on Wednesday he would push ahead with a referendum on an EU bailout deal, defying demands from lawmakers of his own party that he quit for jeopardizing Greek membership of the euro.
‘Batman: Arkham City’ Writer Talks About Hopes for Next Game
Paul Dini was a major force behind Batman: The Animated Series, Justice League and the new game Batman: Arkham City. In a recent interview, He talked about the character he wants to take on in his next game.
Samsung to Introduce Phones with Flexible Screens
By 2012, Samsung announced that they may be unleashing mobile devices with pliable screens.
Most of $19.9 billion Madoff case vs JPMorgan tossed
A federal judge threw out most of a $19.9 billion lawsuit against JPMorgan Chase & Co and a $2 billion case against UBS AG by the trustee seeking money for victims of epic swindler Bernard Madoff's fraud.
Fiserv Q3 profit beats estimates
Fiserv Inc, which provides IT services and systems to the financial sector, posted a quarterly profit that beat market expectations on higher processing and services revenue, and raised its 2011 earnings outlook.
WikiLeaks' Assange to learn UK extradition fate
A London court will rule on Wednesday whether WikiLeaks' founder Julian Assange, who angered the government by publishing thousands of secret diplomatic memos, can be extradited from Britain to Sweden for questioning over alleged sexual crimes.
Commodity trading chill lifts, MF Global angst remains
Commodity trading slowly returned to normal on Tuesday as MF Global resumed selling off client positions, although new revelations about missing money sent chills through the markets.
JDS Uniphase Q1 beats estimates, shares up
JDS Uniphase Corp's quarterly results beat analysts' estimates, helped by increase in sales of its optical products, sending its shares up as much as 10 percent in heavy trade after the bell.
Avon's Cramb gave Citi bribery probe info: source
A regulatory investigation into Avon Products Inc was triggered by the cosmetics company's vice chairman sharing material information about a China bribery investigation with a Citigroup analyst, a person familiar with the matter said on Tuesday.
Analysis: Wild market may send investors home early in 2011
So much for euphoria.Having soared just days ago on a pledge by European leaders to prop up euro zone banks and stem the spread of a festering debt crisis, world stock markets and the euro came crashing back to earth this week as Greece's government hovered near collapse.
JPMorgan, UBS AG win dismissal in Madoff case
JPMorgan Chase & Co and UBS AG won dismissal of dozens of claims made against the banks by the trustee seeking money for victims of epic swindler Bernard Madoff's fraud.
Allied Home Mortgage sued for lending fraud
Prosecutors sued Allied Home Mortgage Capital Corp and two top executives for at least $2.5 billion, accusing the company of a decade-long fraud in which it misled the government into believing its risky loans qualified for federal insurance.