Japan job availability at 2-year high; recovery widens
Japan's jobless rate held steady in January and the availability of jobs improved to a two-year high, adding to signs that the economy is gradually recovering from stagnation.
Top 4 Citi execs get $42.2 million in 2010 compensation
Citigroup Inc has paid four of its top executives, excluding Chief Executive Vikram Pandit, a combined $42.2 million in 2010 compensation, according to a regulatory filing filed on Monday.
Japan camera prettifies subjects, even adds makeup
Photos are everything for Yuka Obara, a well-known Japanese blogger who insists anything showing her online be picture-perfect -- especially because it's hard these days to delete poor-quality photos once on the web.
Make money and do good is the new corporate buzz
Admitting you are making money by doing some good in the world is no longer a dirty little secret, it's called creating shared value -- the new catch phrase in corporate and philanthropic circles.
Citigroup withdraws from MBIA restructuring case
Citigroup Inc on Monday withdrew from lawsuits challenging MBIA Inc's 2009 restructuring, leaving 11 other companies to pursue claims against what was once the world's largest bond insurer.
Blackstone acquires Centro's U.S. property assets for $9.4 bln
Private equity firm Blackstone Group LP has acquired 588 U.S. shopping mall assets from Australia's debt-laden property group Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.
Ex-SocGen trader sentenced to 3-year jail term
A jailed former Societe Generale trader convicted of theft of speed-trading computer code secrets was sentenced to 36 months in prison on Monday.
Google, Khosla back weather insurance startup
Silicon Valley venture capitalist Vinod Khosla and Google Ventures have invested $42 million in a start-up run by former Google employees, which helps insure farmers against losses from increasingly volatile global weather.
CORRECTED: Make money and do good is the new corporate buzz
Corrects title of Bill Green in paragraph 4
Website aims to transform New York's blighted areas
An ambitious website is encouraging New Yorkers to transform the city's blighted buildings and vacant lots from eyesores into projects to improve their communities and promote the arts.
Analysts grapple with Glencore as trader trails IPO
Leading mining analysts will spend a second day in lengthy briefings with senior Glencore executives on Tuesday, seeking to understand a partnership that is simultaneously the world's biggest commodity trader, a sizeable miner, and a big investor.
Top SEC lawyer did not recuse himself on Madoff
The top attorney for the U.S. securities regulator was advised not to recuse himself from handling Bernard Madoff matters for the agency, even though his family's estate had invested with the swindler.
CME to slash rate traders' costs to fight NYSE
CME Group Inc unveiled a plan that would slash costs for interest-rate traders to shore up its key Treasury futures franchise ahead of an imminent challenge from NYSE Euronext .
China's U.S. Treasuries holdings revised to $1.16 trillion
The U.S. government owes nearly a third more money to China than previously thought, the Treasury Department said on Monday as it revised Beijing's December holdings of U.S. Treasury debt sharply higher to $1.160 trillion.
High tech gadgets used to trigger medieval weapon
CHARLESTON, South Carolina (Reuters Life!) - Workers at a Google data center combined 12 century know how and space age technology to trigger a medieval weapon that was used to hurl rocks, balls of fire and dead animals over castle walls.
Consumer Reports say GM Volt falls short on range
General Motors Co's mostly electric Chevy Volt turned in a lackluster performance for efficiency in its first series of road tests by product raters at Consumer Reports.
Vivendi seen posting higher 2010 profit, SFR in focus
Europe's biggest telecom and entertainment group Vivendi is seen posting higher 2010 sales and adjusted net profit on Tuesday thanks to video-game unit Activision Blizzard and emerging-markets growth.
ITC judge rules for Samsung in Spansion patent spat
A trade panel judge ruled for South Korean chipmaker Samsung Electronics Co Ltd in its battle with Spansion Inc over flash memory chips, the International Trade Commission said on Monday.
Oil and gas companies need to do more on corruption: report
Global oil and gas companies still need to do more to help stamp out corruption in the countries where they operate despite improvements in their anti-corruption programs, a report said on Tuesday.
China's U.S. Treasury holdings revised to $1.160 trillion
The United States owes considerably more money to China than previously reported, the Treasury Department said on Monday as it revised Beijing's holdings of U.S. Treasury debt sharply upward to $1.160 trillion.
U.S. calls China's Baidu notorious market
The United States on Monday again put China's top search engine, Baidu Inc, on its annual list of notorious markets for counterfeit and pirated goods, fueling U.S. business community hopes for action in Congress against rogue websites.
Citi could lose $10 billion from U.S. tax change: analyst
Citigroup Inc could write down some $5 billion to $10 billion in expected future tax benefits if the United States decreases corporate tax rates, veteran banking analyst Mike Mayo estimated on Monday.
Ex-Colonial Bank exec to plead to criminal charges
A former executive at Colonial Bank, which collapsed in part because of its close ties to the now-bankrupt Taylor, Bean & Whitaker Mortgage Corp, is expected to plead to criminal charges on Wednesday.
CORRECTED: Wells Fargo withholds 2011 stock awards from ex-CFO
Corrects spelling of head of consumer banking's last name, paragraph 6
Consumer Reports says GM Volt falls short on range
General Motors Co's mostly electric Chevy Volt turned in a lackluster performance for efficiency in its first series of road tests by product raters at Consumer Reports.
Ventas adds senior housing muscle with $5.8 billion buy
Ventas Inc is to buy Nationwide Health Properties for $5.8 billion in a stock deal that strengthens its position as the biggest U.S. owner of senior housing and assisted living facilities.
Hackers Ruin Nintendo's 3DS Honeymoon [VIDEO]
Shortly after the 3DS 's launch, hackers have modified the console to play pirated DS titles.
BP fund, Feinberg face lawsuits by claimants
NEW YORK - BP Plc's fund to compensate victims of the worst oil spill in U.S. history is facing lawsuits in Florida and Louisiana state courts, in which victims are seeking to undo agreed settlements or recover more money.
SEC charges body armor company's ex-directors in fraud
A U.S. regulator charged three former directors of a military contractor with involvement in a massive accounting fraud, after a jury had convicted the company's founder of orchestrating the $190 million scheme.
East Asia growth may need to slow: World Bank's Lin
East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.