Olympus Sticks to Defense of M&A Deals
Japan's Olympus Corp on Thursday stuck to its defense of deals that have come under fire since the 92-year-old firm axed its British CEO in a bitter boardroom battle, repeating that the acquisitions were strategic and involved no wrongdoing.
Asia shares edge up, euro steady on EU summit
Asian shares edged up and the euro steadied on Thursday after European leaders agreed to boost the region's rescue fund, but their failure to offer a detailed plan to recapitalize banks and reduce Greek debt to a sustainable level may keep gains limited.
UAW says Chrysler workers ratify contract
Unionized workers at Chrysler Group LLC ratified a four-year labor pact on Wednesday, closing out the first round of talks since two of the three Detroit automakers nearly collapsed and took federal bailouts in 2009.
Police Clash with Occupy Oakland Protesters (PHOTOS AND VIDEO)
As police closed the park that once held the Occupy Oakland tent city, protesters gathered around the square for demonstration. About 1,000 people showed up to protest and watch the unfolding drama.
Euro zone, banks close to deal on Greek debt: source
Euro zone leaders and banks are close to reaching a deal on a 50 percent writedown for private bondholders on their Greek debt, an EU source said on Thursday.
Groupon CEO says replacing 10 percent of sales staff
Daily deals site Groupon is replacing the worst 10 percent of its sales staff as it pushes to win stronger deals from merchants and ensure it can keep growing, the company's chief executive told potential IPO investors on Wednesday.
Exclusive: NSA helps banks battle hackers
The National Security Agency, a secretive arm of the U.S. military, has begun providing Wall Street banks with intelligence on foreign hackers, a sign of growing fears of financial sabotage.
Chris Brown, Josh Holloway Starring in 'Planet B Boy'
Singer Chris Brown is starring with Lost actor Josh Holloway in Planet B Boy, Screen Gems announced Wednesday.
Steve Jobs documentary to debut on PBS November 2
PBS will take a warts-and-all look at the life of recently deceased computer pioneer Steve Jobs with the premiere of Steve Jobs -- One Last Thing on November 2, the network announced Wednesday.
Stephen J. Cannell's Wiseguy gets NBC reboot
Reboots have had a pretty spotty track record on TV of late, but NBC is apparently hoping that a chestnut from the Stephen J. Cannell catalog can reverse that trend.
Adele's 21 regains top spot on Billboard chart
British singer Adele regained the top spot on the Billboard Top 200 album chart on Wednesday, marking her 13th week at No. 1 with 21 and making it the first album since the Titanic film soundtrack to claim as many weeks atop the chart.
Lionel Richie going country with duets album
Hello! Lionel Richie is going country.
Obama nods to Hispanics in West as Republicans slip
With Hispanic voters upset at Republican presidential candidates over immigration, President Barack Obama played to a Latino audience on a trip to the West this week to shore up support from a group that is key to his re-election hopes.
Worst California biker feud in decade erupted at Starbucks
A turf war between the Hells Angels and a rival motorcycle gang that erupted outside a California Starbucks shop last year has left several men dead, wounded or missing in three states, stirring fears of more bloodshed.
UAW says workers approve Chrysler contract
Unionized workers at Chrysler Group LLC ratified a four-year labor pact on Wednesday, closing out the first round of talks since two of the three Detroit automakers nearly collapsed and took federal bailouts in 2009.
Visa revenue growth slows, shares dip
Visa Inc said its revenues grew at a slower pace in the latest quarter and it paid more in client incentives, sending its shares lower even though the payment processing company posted better-than-expected net income.
Exclusive: NSA helps U.S. banks battle hackers
The National Security Agency, a secretive arm of the U.S. military, has begun providing Wall Street banks with intelligence on foreign hackers, a sign of growing U.S. fears of financial sabotage.
House introduces controversial anti-piracy act
The House Judiciary Committee unveiled new legislation Wednesday designed to crack down on online piracy.
Spielberg says Crystal Skull was Lucas' idea
Did Steven Spielberg just pull a Shia LaBeouf?
Fairy tales cast spell on U.S. television
Fairy tales are back with a darkened vengeance on U.S. television, scaring up a fright and putting a new twist on a genre long dominated by pretty princesses and charming princes.
Shame slapped with NC-17 rating
Director Steve McQueen's Shame, a no-holds-barred movie about a man in the grip of sexual addiction, has officially received an NC-17 rating.
Michael Jackson doctor's patients vouch for him
Patients of Michael Jackson's doctor described the physician on Wednesday as generous and kind as the defense sought to show a different side of the man charged in the singer's 2009 death.
Cinema Eye salutes documentaries, including Justin Bieber
The Arbor, Senna and The Interrupters are among the top nominees for the fifth annual Cinema Eye Honors, one of the top awards given to nonfiction films.
Analysis: Amazon's Bezos stares down Wall Street again
Amazon.com Inc Chief Executive Jeff Bezos is thumbing his nose at Wall Street again and some investors don't like it.
Boeing profit lifted by commercial and defense sales
Strong demand for commercial and military aircraft lifted quarterly earnings at Boeing Co , making the builder of the new 787 Dreamliner the latest big-ticket manufacturer to ease fears about global economic conditions.
Symantec forecasts sales below Street, shares drop
Symantec Corp, the top maker of computer security software, failed to match Wall Street's high hopes for future sales growth even as the company benefits from a raised awareness of hackers.
Olympus chairman quits as Japan watchdog probes firm
Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market value while his successor stuck with the company's line that it had done nothing wrong.
Obama Announces Student Debt Relief to Mixed Response
President Obama announced a much-heralded plan on Wednesday to help recent college graduates struggling to pay back their student loans. Reactions were mixed, with some people lauding the President for taking decisive action and others saying he didn't go far enough.
Google paid $151 million for Zagat: filing
Google Inc paid $151 million in cash to acquire popular restaurant review guide Zagat in September, the Internet company said in a regulatory filing on Wednesday.
Visa posts higher quarterly net income
Visa Inc said on Wednesday quarterly net income rose by 14 percent, as the company processed more card payments and payment volumes increased.