Brent crude falls below $110 as equities drop
SINGAPORE, March 17 - Brent crude fell by as much as 1 percent on Thursday to below $110 as Japan's worsening nuclear crisis buffeted stock markets, raising questions about the impact of the earthquake on growth and energy demand.
Mizuho: ATMs stop working across Japan, cause unknown
Mizuho Bank <8411.T> said that all of its automatic teller machines throughout Japan and its Internet transaction system have stopped working on Thursday, after computer glitches disrupted $7.3 billion worth of transactions over the previous two days.
Homefront videogame sells 375,000 on first day
Video game maker THQ Inc said it sold 375,000 copies of its new military-themed video Homefront on the first day of sales in North America.
Yen surges to all-time high in chaotic trade
The yen soared to a record high against the dollar on Thursday before pulling back to near 80, surging in chaotic trading as a break of the previous peak triggered a cascade of stop-loss and algorithmic sales.
ICE loves algo traders that trade 10 percent of softs
The head of the main soft commodity exchange said on Wednesday he loved high-frequency traders, lauding their liquidity despite complaints from other traders that they're wrecking the market.
Shareholders sue Murdoch for buying daughter's firm
The board of News Corp has been sued by shareholders for agreeing to buy a business owned by Chairman Rupert Murdoch's daughter for about $675 million, according to a lawsuit filed on Wednesday.
G7 to discuss Japan on Thursday as yen soars
The Group of Seven rich nations will discuss on Thursday possible steps to calm volatile financial markets roiled by fears about the deepening crisis in Japan.
Lehman targets November 17 to win bankruptcy plan OK
Lehman Brothers Holdings Inc said it hopes to win court approval of its reorganization plan in mid-November, more than three years after filing the largest bankruptcy in U.S. history.
ICE says Algo traders get bad rap in softs markets
High-frequency traders have become a convenient scapegoat as markets for sugar, coffee, cocoa and cotton react to tight supplies and surging demand, the president of ICE Futures US said on Wednesday.
Exchanges defend speculation amid oil price surge
Two top energy market operators redoubled their defense of speculators on Wednesday amid renewed concerns in the oil market, arguing that speculators are misunderstood and often too quickly blamed for price spikes.
Websense exploring a sale: report
Security software company Websense Inc is exploring selling itself and has hired Frank Quattrone's Qatalyst Partners to help with the process, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
UEFA Champions League Round-up - Real Madrid break jinx to advance, Chelsea through
Real Madrid broke the jinx and qualified for the quarter-finals of the UEFA Champions League for the first time in seven years after a 3-0 victory over French side Olympique Lyon at the Santiago Bernabeu. In the other game, Chelsea and FC Copenhagen played out a 0-0 draw, meaning the English side go through with an aggregate score of 2-0.
Rajaratnam lawyer: information public, not secret
Accused hedge fund manager Raj Rajaratnam did not get secrets about Advanced Micro Devices Inc and eBay Inc from a former high-placed friend because the information was already public, his lawyer argued at trial on Wednesday.
Yen surges to record high; intervention risk looms
The yen soared to a record high against the dollar on Wednesday as concerns escalated over a nuclear crisis in Japan, and investors nervously watched to see if Japanese authorities will step in to stem the currency's rise.
Lionsgate teams with Groupon on Lincoln Lawyer
TORONTO - Lionsgate is partnering with Groupon to sell half-price $6.00 tickets for The Lincoln Lawyer, starring Matthew McConaughey, Marisa Tomei and Ryan Phillippe. The film is opening wide this Friday.
U.S. Plays Role in Japan's Aid, Search, Rescue Efforts
The United States is playing a key role in support of Japan's aid, search, and rescue efforts.
S&P, Nasdaq negative for 2011 on Japan nuclear fears
The S&P and Nasdaq dropped into negative territory for the year on Wednesday in a crush of trading on the perception Japan's nuclear crisis would continue to be a headwind for equities.
24 Hours In, Internet Explorer 9 Nets 2.35 Million Downloads
The newest version of Internet Explorer boasts impressive first-day numbers.
Japan quake insured loss may reach $25 billion: Eqecat
The earthquake in Japan caused insured losses of $12 billion to $25 billion, making it one of the costliest natural disasters in history for global insurers, according to risk modeling firm Eqecat.
Apple clobbered by rare Wall St downgrade, Japan looms
A rare Wall Street downgrade stoked fears that Apple Inc's torrid growth is slowing and sent its shares sliding for the second straight day as nervous investors ponder the impact on the tech industry from Japan's largest-ever earthquake.
Special report: U.S. budget delays start to hurt
When they finally completed their new control tower last November, officials at University Park Airport hoped it would provide a needed safety upgrade.
Markets tumble on Japan but pull off lows
The S&P 500 and Nasdaq turned negative for the year on 2011's highest volume in a sharp selloff on Wednesday as investors feared Japan's nuclear crisis could worsen.
J&J gives CEO high marks and pay despite low year
After a year in which Johnson & Johnson's product quality control was deemed such a shambles that the U.S. government will oversee some plants, the board had praise for Chief Executive William Weldon and awarded him almost $29 million in overall compensation.
Apple shares slide after rare Wall St downgrade
Apple Inc shares slid for a second straight day after a rare broker downgrade stoked worries that the company's torrid pace of growth will slow.
Obama administration seeks Internet privacy bill
The Obama administration is backing legislation to protect the personal data of Internet users, toughening its stance from a call last year for voluntary codes of conduct for data companies and advertisers.
‘Do Not Track’ Becoming A Reality
Senators, government organizations and even the President are throwing their support behind 'Do Not Track' legislation.
Geithner says imperative to cut deficits
Treasury Secretary Timothy Geithner said on Wednesday it is imperative that the United States cut its budget deficits, and he believes there is increasing bipartisan support in Congress to do so.
Corrected: J&J gives CEO high marks and pay despite low year
(Corrects month of Goggins departure in paragraph 12)
Anti-Nuclear Group Warns Of Long-Term Hazards In Japan
The disaster at the Fukushima Daiichi nuclear power stations in Japan could have long-lasting effects that go beyond the radiation exposure measured directly from the site, according to one anti-nuclear group.
Motorola Prepares Wi-Fi-Only Xoom for March Release
The device is a follow-up to the 3G version of the device released last month.