Asian stocks fall further on Greek default fears
Asian stocks extended losses on Tuesday from the previous day's steep declines as investors continued to flee from riskier assets on growing doubts over Greece's ability to avoid default, fuelling fears of global financial turmoil and recession.
Dexia commits to clean-up, France, Belgium ready to act
Franco-Belgian financial group Dexia vowed on Tuesday to clean up its balance sheet, with France and Belgium poised to act, after concerns about its exposure to Greece and a Moody's warning about its liquidity pummelled its shares.pummeled
Samsung denies nearing deal with Apple in Australia tablet
South Korea's Samsung Electronics Co denied on Tuesday that it was close to reaching a settlement with Apple over their tablet-computer patent dispute.
Highlights: Euro zone finance ministers meeting
Euro zone finance ministers and officials met on Monday to discuss the European Financial Stability Facility bailout fund and the economic situation in Greece.
Greek haircut under review, no new euro zone aid until November
Euro zone finance ministers are reviewing the size of the private sector's involvement in a second international bailout package for Greece, a move that could undermine the aid program and hasten the threat of a Greek default.
AMR shares tumble 41 percent on bankruptcy fears
Shares of American Airlines parent AMR Corp fell as much as 41 percent on Monday on growing fears the third-largest U.S. airline is headed for bankruptcy, although the carrier said Chapter 11 is not our goal.
Emerson unit head says IT executives wary of spending
Economic troubles in the United States and Europe are making customers of Emerson Electric Co's data center management business reluctant to make big purchases as the company prepares to launch a major new platform.
Wall Street hits 13-month low on Europe woes
Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
Sunday Night Football wins ratings night, Pan Am slips
Sunday Night Football was the highest-rated program of the night Sunday, pushing NBC to an overall win for the evening, while Pan Am lost about 20 percent of its rating from last week's series premiere, according to preliminary numbers.
Sprint to buy 30.5 million iPhones over 4 years: report
Sprint Nextel Corp shares fell more than 10 percent after a report that it committed to buy at least 30.5 million iPhones that would cost it about $20 billion in the next four years.
Sprint to buy 30.5 mln iPhones over 4 years-WSJ
Sprint Nextel Corp (S.N) has agreed to buy at least 30.5 million iPhones over the next four years, involving a commitment of about $20 billion, whether or not its customers want to buy the devices, according to a Wall Street Journal story.
Synaptics new CEO hopes to bring the growth touch
Synaptics Inc expects to return to revenue growth as the maker of touchpads for PCs shifts focus to touchscreen chips used in tablets and smartphones, its newly appointed CEO said.
Sunny Meredith, victim, forgotten at Italy trial
Four years after her brutal murder, British student Meredith Kercher has been virtually forgotten as the media spotlight shifted to Amanda Knox, the fresh-faced American girl appealing against her conviction for killing her.
Real Housewife Jacqueline Laurita Quits; Is It Over Stripper Setup?
The Real Housewives of New Jersey star Jacqueline Laurita announced on Twitter that she was done with the show after one of her fellow castmates got set up.
Italian court clears Amanda Knox of murder
An Italian court cleared 24-year-old American Amanda Knox and her former boyfriend of the 2007 killing of British student Meredith Kercher and ordered they be freed on Monday after nearly four years in prison for a crime they always denied committing.
Amanda Knox Acquitted Of Murder, Sexual Assault
American student Amanda Knox has been acquitted by an Italian appeals court of murdering and sexually assaulting her roommate Meredith Kercher.
Auto sales rebound, allaying recession fear
U.S. auto sales rose almost 10 percent in September, allaying concerns of a double-dip recession as major automakers forecast stronger sales through the remainder of the year.
Banks pull Wall Street to 13-month low on Europe fears
Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
Phuket Vegetarian Festival 2011 Begins [Graphic Photos]
Devotees stab knives, umbrellas, and other objects through their cheek in honor of the Phuket Vegetarian Festival now underway in Thailand.
Greek gloom shakes global markets, troubles lenders
Greece's admission that it will miss its fiscal deficit target this year, despite ever deeper cost-cutting measures, provoked a sharp sell-off in stock markets on Monday and raised new doubts over a planned second international bailout.
Greek economy stuck in recession, complicating fiscal drive
Greece will remain trapped in recession next year, threatening the country's efforts to cut deficits and claw its way out of a debt crisis shaking the euro zone, budget figures showed Monday.
Dexia summons board after concerns smash shares
Franco-Belgian financial group Dexia called an emergency board meeting on Monday after concerns about its exposure to Greece and a Moody's warning about its liquidity position raised pressure on Belgium and France to act.
iPhone 5 and iOS 5 Combo Can Kill Android: Top 10 Reasons Why
10 iPhone 5 features and iOS 5 functions that can deliver the killer blow to Android smartphones
Rhapsody snaps up Napster to build market share
Two of the longest-running names in digital music, Rhapsody and Napster, are combining in a bid to grow market share and stay ahead of newer rivals like Spotify, Rdio and MOG.
Bank stocks drop on fears of European contagion
Large U.S. bank stocks fell sharply on Monday on concerns that lenders like Citigroup Inc and Morgan Stanley may face more earnings setbacks from the debt crisis in Europe.
September auto sales up, allaying fears of recession
Major automakers posted double-digit percentage U.S. sales gains for September in a rebound that General Motors Co said showed the economy was likely to steer clear of a double-dip recession.
Banks drag Wall Street to 13-month low on Europe fears
Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail.
Feel-good Jets offer NHL upbeat start to new season
The re-launch of the Winnipeg Jets offers a feel-good story to start the 2011-12 National Hockey League (NHL) campaign and help push back dark clouds that hovered over the hockey world after a grim offseason.
California's prison needs to attract investors
The Golden State may be ushering in a golden era for investing in jails.
HP closes Autonomy deal
Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month.