Trust banks' profits ride rising market tide
Two of the leading U.S. custody banks reported higher quarterly earnings on Tuesday as assets under management and fees increased along with the rising stock market and improved financial market conditions.
Special Report: In the wild west Balkans, a banker's tale
In the central bank governor's wood-paneled office with its beige couch and chairs around a Queen Anne coffee table, the man reached into his briefcase and pulled out an envelope full of cash, offering it expectantly to then-governor Ljubisa Krgovic.
Donald Trump's foreign policy smacks of cowboy diplomacy
Donald Trump's PR campaign has been built around questioning the validity of President Obama's birth certificate. But recently Trump has also broached on foreign policy, adding another angle to his PR campaign.
EU to probe Internet access, mulls stricter rules
The EU will investigate whether telecoms operators are providing fair internet access and might introduce stricter rules to protect consumers, EU Telecoms Commissioner Neelie Kroes said on Tuesday.
TEPCO To Move Radioactive Water From Reactor
Tokyo Electric Power Co. plans to move the radioactive water from one of the reactor buildings at the Fukushima Daiichi nuclear power plant and treat it on site, the company said.
Goldman Sachs, JNJ earnings boost Wall St
U.S. stocks advanced on Tuesday, led higher after Goldman Sachs and Johnson & Johnson reported solid earnings.
Geithner: no risk U.S. will lose AAA credit rating
U.S. Treasury Secretary Timothy Geithner on Tuesday said there was no risk that the United States would lose its prized AAA credit rating, saying political prospects for long-term deficit reduction were improving.
Sony Ends Shipments Of PSP Go
According to a blog post from a Sony Store employee, Sony is discontinuing shipments of the PSP Go, released in 2009.
Silver Burns Short Sellers
[Selling silver short] natural with these giddy prices, one London trader told the Platts news service on Monday. Speculators are going to have to take profits soon. Shorts have been burned in the run-up, but keep coming back for more, he said, forecasting a $10 drop in the Silver Price short term.
Nasdaq, ICE line up funds for rival bid for NYSE
Nasdaq OMX Group and Intercontinental Exchange Inc said on Tuesday they have lined up commitments to fund their proposed takeover of the New York Stock Exchange's parent company and have offered to pay a reverse breakup fee if a deal fails to go through.
Goldman profit tops forecasts
Goldman Sachs Group Inc posted stronger-than-expected quarterly profit, earning more money from bond trading than analysts had forecast.
Manchester United damaged Wembley dressing room after FA Cup semifinal loss
Infuriated Manchester United players have reportedly made a hole in the wall of their Wembley dressing room after being eliminated from the FA Cup with a 1-0 loss to neighbors Manchester City in the semifinal.
Sony Ericsson defies supply setbacks with quarterly profit
Booming smartphone demand and cost cuts kept cellphone venture Sony Ericsson in the black in the first quarter as it battled supply disruptions from Japan's earthquake and tsunami.
China stealth fighter appears to have made second flight
China appears to have staged a second test-flight of a new stealth fighter jet, a state-owned newspaper said on Tuesday, which if true could be another step toward narrowing the military gap with the United States.
Wall Street set to open higher on key earnings
U.S. stocks were poised for a higher open on Tuesday after Goldman Sachs and Johnson & Johnson reported solid earnings.
Will Barcelona star Iniesta be banned for Champions League match against Real Madrid?
Barcelona's World Cup winning midfielder Andres Iniesta could be banned for the Champions League first-leg against Real Madrid if he is found guilty of deliberately getting a yellow card in the quarterfinal first leg against Shakhtar Donetsk.
Goldman posts 72 percent drop in quarterly earnings
Goldman Sachs Group Inc posted a 72 percent decline in first-quarter profit as it made less money from trading bonds for clients.
Acer appoints new president, cuts PC shipments forecast
Taiwan's Acer Inc named insider Jim Wong as its new corporate president after the abrupt departure of its previous chief executive last month, giving him special responsibility for developing mobile devices to power future growth.
RIM's PlayBook hits shelves
Research In Motion's PlayBook, the long-awaited response to Apple's iPad, went on sale in the United States and Canada on Tuesday in a launch RIM desperately hopes will win the hearts and minds of consumers.
Stock futures flat as earnings eyed
U.S. stock index futures were flat on Tuesday as investors digested the latest round of corporate profits.
Apple sues Samsung, says stop copying us
SAN FRANCISCO/SEOUL - Apple Inc sued Samsung Electronics claiming the South Korean firm's Galaxy line of mobile phones and tablets slavishly copies the iPhone and iPad, according to court papers, a move analysts say is aimed at keeping its close rivals at bay.
Oil slips to $120 on economy, demand concerns
Brent crude oil fell on Tuesday, slipping below $120 a barrel for the first time in two weeks, pressured by concern about the economic outlook and that high prices could erode demand.
Tablet market seen surging to $49 billion by 2015
The global tablet computer market, born last year with Apple's iPad, will grow to a $49-billion business by 2015, research firm Strategy Analytics said.
With much at stake, Asia voices confidence in U.S. debt
Some of the United States' biggest creditors moved to shore up confidence in its sovereign debt Tuesday after Standard & Poor's threatened to cut its credit rating on the world's top economy, touching a nerve among big holders of Treasuries.
Physicians Should Create ‘Dual Citizenship’ On Social Media, Researchers Say
Researchers assert that there is an increasing need for physicians to create a healthy distance between their work and home online identities with ubiquitous social media sites like Facebook and Twitter blurring private and professional lines.
Samsung to sell hard-disk unit to Seagate for $1.4 billion
Samsung Electronics Co is selling its hard-disk-drive business to Seagate Technology for $1.4 billion in cash and stock as it seeks to exit from the cut-rate industry and focus on its bread-and-butter memory-chip business.
Alzheimer's diagnostic guidelines updated for first time in decades (FULL TEXT)
For the first time in 27 years, clinical diagnostic criteria for Alzheimer's disease dementia have been revised, and research guidelines for earlier stages of the disease have been characterized to reflect a deeper understanding of the disorder. The National Institute on Aging/Alzheimer's Association Diagnostic Guidelines for Alzheimer's Disease outline some new approaches
Patent War : Why is Apple suing its key supplier Samsung?
Apple has raised a legal hatchet against its long-term supplier Samsung Electronics Co. charging it of replicating its iPad, iPhone and iPod designs in Galaxy series of Android devices.
New-energy vehicles take spotlight at Shanghai show
Japan's Honda Motor Co plans to start producing electric cars in China as early as next year, the boldest step so far by a global automaker to tap as yet unproven demand for green cars in the world's largest auto market.
Toshiba cuts 2010/11 operating profit estimate after quake
Toshiba Corp said on Tuesday it likely fell short of its operating profit estimate for the past business year by 4 percent after last month's massive earthquake and tsunami affected operations at some of its plants.