Struggling Saab wins reprieve
Struggling car maker Saab gained fresh breathing room in its fight for survival on Wednesday when it won a court appeal to be granted protection from creditors while it awaits Chinese investment.
'Occupy Wall Street' Calls For Protests in San Francisco
While the turnout was much smaller than the number anticipated to participate, Occupy Wall Street, a leaderless resistance movement, is now calling those in Northern California to participate in the growing occupation in San Francisco, now that the financial district in lower Manhattan is being disrupted by fervent protesters.
UBS CEO Gruebel says has board's backing
UBS chief executive Oswald Gruebel said he had the support of the Swiss bank's board ahead of its first meeting since announcing rogue trading had cost it $2.3 billion, news that promoted calls for tougher regulation of investment banks.
Wall Street flat ahead of Fed statement
Stocks were little changed on Wednesday as cautious investors awaited the Federal Reserve's statement on monetary policy that is expected to include measures to support the economy.
Exclusive: Netflix, Discovery in new streaming deal: sources
Netflix Inc and Discovery Communications Inc have reached an agreement to bring episodes of popular TV adventure shows including Man vs. Wild and River Monsters to the streaming service, according to people close to the deal.
Analysis: Saudi media bypass stricter rules after Arab Spring
Saudi Arabian bloggers and journalists say the arch-conservative Islamic kingdom will find it hard to douse glimmers of more open reporting despite a tightening of media rules after the spread of popular revolts through the Arab world.
Nationality Up in the Air After Mid-Flight Birth
A baby was born 30,000 feet in the air after a woman gives birth aboard a San Francisco bound flight from the Philippines.
Existing home sales jump 7.7 percent in August
Existing home sales rose more than expected in August to the fastest annual pace since March as falling prices and low interest rates drew more buyers into the market, the National Association of Realtors said.
Greece to tighten austerity as IMF warns on banks
Greece was set to outline more austerity measures on Wednesday to secure a bailout installment crucial to avoid running out of money next month, as the IMF warned that Europe's sovereign debt crisis risks tearing a giant hole in banks' capital.
Illinois Nonprofit Hires Adults With Autism As Software Analyzers
While the high U.S. unemployment rate is an ongoing challenge for many people, Illinois-based Aspiritech, a nonprofit, seeks a particular group of adults to test a new software -- those with Autism.
French papers team up to break Apple stranglehold
Apple's tight control over media content on its iPad is about to fall foul of some of France's most powerful newspapers and magazines, which hope that by teaming up they can stop the technology giant from dictating the terms of their distribution.
Opel labor rep says SAIC should get Opel stake
Opel's labor chief called for U.S. carmaker General Motors Co to offer shares in Opel to its joint venture partner Shanghai Automotive Industry Corporation in a renewed push for more independence.
UAW shifts focus to Chrysler and Marchionne
With a tentative agreement with General Motors Co in hand, the United Auto Workers union shifts its focus to Chrysler Group LLC where a one-week contract extension will expire late Wednesday.
BoE set to pump more money into UK economy
The outlook for the British economy is weakening so quickly that the Bank of England on Wednesday signaled it was ready to pump in more money, potentially as soon as October.
Opel labour rep says SAIC should get Opel stake
Opel's labor chief called for General Motors Co to offer shares in Opel to its joint venture partner Shanghai Automotive Industry Corporation in a renewed push for more independence.
Stocks set to open flat ahead of Fed statement
Wall Street was set to open little changed on Wednesday as investors cautiously awaited the outcome from the Federal Reserve's policy-setting meeting that is likely to include new measures to boost the economy.
Chelsea Vs Fulham Preview - Carling Cup Third Round
After coming out with many positives despite a 3-1 defeat at Manchester United, Chelsea will face neighbors Fulham in the Carling Cup third round on Wednesday.
Nikon unveils its first mirrorless cameras
Nikon unveiled its first mirrorless cameras on Wednesday, beating its arch rival Canon to the nascent market for small, interchangeable-lens cameras, where other manufacturers have met with mixed success.
Senator Wyden: Repeal foreign profit tax break
The tax code may be headed for some major renovation, and Senator Ron Wyden, a rangy Oregon Democrat, has come up with one of Congress' most complete blueprints.
Full Tilt Poker is 'Global Ponzi Scheme,' says US Prosecutors
Full Tilk Poker, an online poker company that illegally paid its board members over $440 million from its player accounts, was a global Ponzi scheme, said federal prosecutors Tuesday.
Apple Granted 40 Patents in China: Report
Apple Inc has been granted 40 patents in China, which will help the maker of iPhones and iPads gain more intellectual property protection in the country, the China Daily reported on Wednesday.
Adobe Launches Flash Player 11, Air 3 to Support 3D Games
Adobe System announced Flash Player 11 and Adobe Air 3 software, Wednesday, its biggest release in 2 years which will enable 3 D gaming on mobile devices.
Futures dip as investors await Fed statement
Stock index futures fell on Wednesday as investors waited to see if the Federal Reserve launches a fresh effort to boost the sluggish economy.
Social Security and Republican Candidates: Not a Third-Rail Issue Anymore?
It used to be the third rail of politics: untouchable. A politician could hardly suggest reforming Social Security without triggering a tremendous popular backlash. But now, the idea of eliminating Social Security altogether has entered mainstream discourse.
Futures flat ahead of Fed statement
Stock index futures were little changed on Wednesday as investors waited to see if the Federal Reserve launches a fresh effort to boost the sluggish economy.
Finnish startup aims to change Web advertising
Finnish technology startup Kiosked aims to change the way money moves on the Internet, adding links to advertisements to web content like pictures and replacing advertising banners.
Greece to Outline More Austerity to Secure Loan
The Greek cabinet was expected to outline major public sector layoffs, more spending cuts and tax increases on Wednesday to secure a bailout installment crucial to avoid running out of money next month.
Italy downgraded, IMF says Europe behind the curve
Standard & Poor's cut Italy's credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone, and the International Monetary Fund said Europe's leaders were failing to act decisively enough to resolve the crisis.
Cellphones may be new tool vs Somalia famine
Cellphones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.
George Clooney Breaks His Vow, Marries Again…for an Ad (VIDEO)
George Clooney may have sworn never to marry again, but the handsome actor did tie the knot at least on screen. Hollywood's most eligible bachelor appears as a newlywed man in a commercial for Norwegian bank DNB NOR.