UBS fined in U.S. over systemic short-sale failure
In the largest penalty of its type, UBS AG was fined $12 million by a U.S. brokerage regulator over the Swiss bank's systemic failure to properly handle millions of short-sale orders.
Merkel Calls for Bailout Fund Support Before Vote
Chancellor Angela Merkel appealed to German lawmakers from all parties on Tuesday to back plans to boost the firepower of the euro zone rescue fund in a vote set to take place hours before Wednesday's crunch EU summit.
Steve Jobs and Apple skewered on New York stage
In a sold-out theater in downtown Manhattan, two miles from the square where anti-Wall Street demonstrators daily use iPhones, iPads and other devices to mobilize their forces, a performance artist named Mike Daisey is mounting a subversive attack on Apple Inc.
Corrected: Judge says no to Sprint request for AT&T documents
Sprint Nextel lost a bid on Monday to get access to masses of AT&T documents that it had hoped to use in its lawsuit aimed at stopping AT&T's $39 billion acquisition of discount rival T-Mobile.
Wall St. down on Europe fears, corporate outlook
Stocks fell on Tuesday after discouraging corporate outlooks cast a pall over the economy's outlook, while fresh doubts arose about European efforts to find a solution to the debt crisis.
Consumer confidence tumbles, home prices stagnate
Consumer confidence unexpectedly dropped to its lowest level in two-and-a-half years in October, while house prices were unchanged at low levels in August, suggesting the consumer is still struggling.
Flu Season: Shot Not as Effective in Some Obese Patients
Vaccine is still the best way to prevent getting sick with influenza
TSX edges higher as gold rallies
Toronto's main stock index turned higher on Tuesday morning, hitting a one-month peak and reversing steep losses in volatile trade as gold prices rallied following grim U.S. consumer confidence data.
Luke Donald wins PGA of America's player of the year award
Luke Donald added further accolades to his stellar 2011 campaign when the Briton was named winner of the 2011 PGA of America player of the year award and the Vardon Trophy for lowest scoring average on Monday.
Merkel Wins Test Vote on EFSF Without Opposition Help
Four lawmakers from the Free Democrat junior partner in German Chancellor Angela Merkel's coalition voted against a draft motion on leveraging the euro zone bailout fund in a test vote on Tuesday, lawmakers told Reuters.
Wall St down on Europe fears, U.S. corporate outlook
Stocks fell on Tuesday after discouraging corporate outlooks cast a pall over the economy's outlook, while fresh doubts arose about European efforts to find a solution to the debt crisis.
Turkey Earthquake 2011: 2-Week-Old Infant Found Alive in Ercis
A two-week-old infant, her mother and her grandmother were found alive on Tuesday in the wreckage of an apartment building in Ercis, Turkey, two days after a 7.2-magnitude earthquake.
Justin Bieber, Usher release Mistletoe duet
Teen singing sensation Justin Bieber gave fans an early Christmas present on Monday with the release of a second single from his upcoming holiday album Under The Mistletoe.
Conrad Murray Trial, Day 17: Defense Witness Will Testify MJ Sought Propofol From Her, Too
Cherilyn Lee, a nurse who worked with Michael Jackson to treat his ongoing insomnia, will continue her testimony to begin day 17 of the Conrad Murray involuntary manslaughter trial.
Studio pulling Harry Potter discs from stores December 29
Warner Brothers is taking a page from Disney.The studio announced that it will pull all Harry Potter DVDs and Blu-rays from store shelves on December 29, 2011.
Pan-Asian girl band looks to Snoop Dogg for help
The pan-Asian girl band Blush has been around for only 11 months but already has a track record more established groups might envy -- a single that hit number three on the U.S. dance music charts and rapper Snoop Dogg in one of their songs.
Poor folk making a TV comeback
What with the usual assortment of doctors, lawyers, ad executives, jingle writers and police showing up on your TV set, you would hardly believe that more than 14 million Americans are out of work.
John Cusack, Malin Akerman to star in Numbers Station
John Cusack and Malin Akerman will star in The Numbers Station, which starts shooting in November, Content Film announced Monday night.
Apple's iPod Turns 10: Is the Revolutionary MP3 Player Dying?
Ten years ago, Apple released the very first iPod, a deceptively simple media player that dramatically changed the way people listen to music. iPod is not the first MP3 player to appear in the world but it is the first to be sold to the masses and it finally revolutionized the music industry.
Is Tim Tebow an NFL caliber quarterback or not?
It is a debate that has polarized American football fans for over two years. Is former college favorite Tim Tebow an NFL caliber quarterback or not?
Review: Kelly Clarkson Stronger lives up to title
Kelly Clarkson's new album has been subject to more delays than the NBA season. But apparently the perpetual tweaking was a matter of fine-tuning, not desperation, since Stronger lives up to its title -- trumping not just the current pop-diva competition but all of Clarkson's previous albums, too.
Merck's Gardasil HPV Shots Recommended for Boys: U.S. Vaccine Advisors
U.S. vaccine advisers on Tuesday voted to recommend that boys be routinely vaccinated with Merck & Co's Gardasil vaccine to protect them from human papillomavirus or HPV infections, which cause genital warts and oral, penile and anal cancers in males and cervical cancers in women.
Exclusive: IMF considering participation in EU bailout fund
The International Monetary Fund is considering taking part in a special investment vehicle being proposed by the euro zone bailout fund but has not made a decision yet, euro zone officials said on Tuesday.
Peabody Energy Earnings up on Higher Pricing and Domestic Volumes, Beats Estimates
Peabody Energy Corp's (BTU.N) quarterly profit beat Wall Street estimates as the largest U.S. coal producer realized higher pricing in all regions and domestic volumes increased.
Shark Attacks in Australia: Government Takes New Precautions
Many fear a rogue shark is on the loose in Western Australia after the third fatal attack in two months. The government is now taking new precautions through aerial patrol and a controversial shark hunt.
Ex-Olympus CEO says in contact with FBI
The former chief executive of Olympus Corp said on Tuesday he was in contact with the U.S. Federal Bureau of Investigation , which is probing massive advisory fees linked to the Japanese company's takeover of a British company.
Wall St. down on Europe debt concerns, profits
Stocks fell on Tuesday after discouraging corporate outlooks cast a pall over the economy's outlook, while fresh doubts arose about European efforts to find a solution to the debt crisis.
BP Seeks to Resume Oil, Gas Exploration in Libya
BP said on Tuesday it wanted to return to Libya and resume oil and gas exploration work, which it halted earlier this year due to the uprising against Muammar Gaddafi's rule.
BP Posts Quarterly Profit of $5.14 Billion, Turns Corner after Gulf Oil Spill
BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group.
UPS sees higher profits in slow-growing economy
United Parcel Service reported a higher quarterly profit as increased pricing, cost cutting and technology improvements helped compensate for domestic shipping volume dulled by a sluggish economy, and it affirmed its outlook for record 2011 results.