Rajaratnam sentencing may be a fight to the death
A U.S. government request that Galleon Group hedge fund founder Raj Rajaratnam spend as much as 24-1/2 years in prison -- a term associated more with murder than financial crimes -- raises the ante in the biggest individual insider trading case in a generation.
Some U.S. muni issuers could face stress: Moody's
Moody's Investors Services said on Wednesday that most issuers in the U.S. municipal bond market are well insulated from shock, but added that some could be weakened during significant market volatility.
Jennifer Grey 'So Excited' for 'Dirty Dancing' Remake [VIDEO]
Jennifer Grey, who starred as Baby in the 1987 hit film' Dirty Dancing ,' told fans that she is "so excited" that the iconic film will be remade. "I'm so excited about this news and I think there's nobody better than my beloved Kenny Ortega who is as responsible as anyone for the success of the first one. I can't wait to see what he's going to do with it," Grey told the Wall Street Journal through her publicist.
TBS Axes ?Lopez Tonight? ? Not Enough Viewers
TBS axed the third season of "Lopez Tonight" because it struggled to gain viewers in the competitive field of talk shows, according to the Hollywood Reporter. In November, Lopez was bumped back an hour to a midnight slot to accommodate Conan O'Brien's "Conan" after the comedian's exit from NBC.
Most Americans believe U.S. on wrong track: poll
Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said Wednesday.
Analysis: Funding freeze fears return to haunt Europe's banks
Four years to the week since global financial markets totally seized up, European bank funding is again in short supply.
SEC charges Stifel with fraud in Wisconsin deals
The Securities and Exchange Commission on Wednesday charged St. Louis-based brokerage firm Stifel, Nicolaus & Co and a former senior executive with defrauding five Wisconsin school districts by selling them risky investments funded largely with borrowed money.
Fossil Discovery Reveals Giant Birds Lived Among Dinosaurs
A fossil discovery has palaeontologists changing the way they view pre-historic birds.
What Are the Safest Commodities For Smart Investment Portfolios?
Bank of America Merrill Lynch?s Global Commodity Research team announced that they?ve rebalanced their actively managed commodity indices in favor of non-cyclical commodities such as gold.
Wall Street drops on French bank worry day after rally
Stocks fell sharply on Wednesday, wiping out most of the previous session's gains, on fears of tumult in the French banking sector, which has significant exposure to shaky European debt.
NASA Predicts More Super Solar Flares
This week, the world was warned of solar flares that could possible shut down electrical and communication grids. Scientists are saying the sun will near maximum level of activity in 2013.
The 'All Boys Club' Earns Men an 'A' in the Bedroom
For females, talking to a guy's best buddy may not only stir up drama in the relationship, but also in the sack as a result of increased symptoms of sexual dysfunction.
Capital One bulks up U.S. cards with HSBC deal
Capital One Financial Corp agreed to buy HSBC's U.S. credit card arm for $2.6 billion more than the face value of the loans, the latest in a string of acquisitions for the credit card company turned U.S. bank.
IntraLinks Q2 rev beats, sees Q3 profit below est
Web-based software provider IntraLinks Holdings Inc's second-quarter revenue topped market expectations as sales at its mergers and acquisitions unit jumped 29 percent, but it forecast a third-quarter profit below estimates.
Blood Test Can Predict Sex 7 Weeks into Pregnancy: Will Abortion Rates Skyrocket?
New research revealed that widely available blood tests that predict gender are extremely accurate. Furthermore, the tests work more than seven months before the baby is born.
SocGen shares plunge on rumor whirlwind
Shares in French bank Societe Generale plunged as much as 23 percent amid a whirlwind of rumors before closing 15 percent lower, after the bank denied all speculation about its financial solidity.
U.S. Updates Haiti Travel Warning
The U.S. issued a softer travel warning for citizens traveling to or visiting Haiti, but still urges Americans to 'carefully consider' traveling to the country.
White House seeks ideas to shrink foreclosure glut
The Obama administration is looking for new ideas to shrink a glut of foreclosed properties held by mortgage finance giants Fannie Mae and Freddie Mac that are weighing down the housing market and hurting home prices.
Best Collection of Polar Dinosaur Tracks Discovered in Australia [VIDEO]
New insights were given on dinosaur activity of 105 million years ago, through the recent discovery of over 20 polar dinosaur tracks on the coast of Victoria, Australia.
Rare Polar Dinosaur Tracks Discovered in Victoria, Australia
Over 20 rare polar dinosaur footprints have been discovered in Victoria, Australia, dating back to 105 million years ago- making them the largest and best preserved collection of polar dinosaur tracks in the Southern Hemisphere
Apple uses courts to buy time to secure iPad's market share
Apple Inc's latest victory in its intellectual property battle with Samsung Electronics' is a step forward in its broader strategy of using the courts to help cement the unassailable lead its iPad has in the tablet market.
U.S. Stocks Fall, Enabled by Weak Economy
World shares regained some ground Wednesday after investors were comforted by the Fed's pledge to keep interest rates near zero for two more years. Despite this, losses on Wall Street ran rampant.
Apple's Market Share Could Double Or Triple In Coming Years: Analyst
Apple's market shares could double or even triple in the next few years, according to a new analysis.In a note to investors on Wednesday, Sterne Agee's analyst Shaw Wu called Apple's growth the "ultimate platform adopting story."
Wall Street rattled by French bank worries
Wall Street stocks fell sharply on Wednesday, erasing most of the previous day's gains,
High-end retail shunned by investors favoring bargains
Goodbye jewelry and $100 yoga pants. Hello discount retailers.
BNY Mellon says will cut 1,500 jobs
Bank of New York Mellon Corp plans to cut about 1,500 jobs, or 3 percent of its workforce, to stem rising expenses.
Samanthan Ronson Charged With DUI, Ali Lohan Gets Modeling Contract
The 33 year-old DJ and ex-girlfriend of Lindsay Lohan, Samanthan Ronson, has been charged with two misdemeanor accounts from her DUI arrest on Aug. 1. Reuters reports that Ronson has been seen driving under the influence with blood alcohol levels of over .08.
Amazon Unveils Kindle Cloud Reader, Joins Migration To HTML5 App
Amazon today launched an HTML5-based Kindle reading app to circumvent Apple's new in-app subscription rules.Kindle Cloud Reader allows users to read their Kindle e-books from Google's Chrome browser and Apple's Safari browser, without requiring any download or installation.
Apple blocks Samsung from selling Galaxy tablet in EU
Apple Inc scored a significant victory in its intellectual property battle against Samsung Electronics after a German court temporarily barred the Korean firm from selling its flagship Galaxy tablet in most of the European Union.
Management Tip of the Day: Demonstrate benefits of risk taking
Taking some risks and embracing new ideas is still important to moving a business forward, says Harvard Business Review.