World bankers brace for 7 percent drop in bonuses: Reuters poll
From Wall Street to the City of London to Hong Kong's Central District, bankers are bracing for bonuses to be down 7 percent on average from a year ago, and higher salaries will only partially cushion the hit, a Reuters/IFR global poll shows.
Analysis: Will Google follow Microsoft in EU probe?
Google Inc's Internet search algorithm is the technology world's equivalent of the Coca-Cola formula: a top-secret corporate crown jewel.
Ernst & Young accused of hiding Lehman troubles
Accounting firm Ernst & Young was sued by New York prosecutors over allegations it helped to hide Lehman Brothers' financial problems, in the first major government legal action stemming from the Wall Street company's 2008 downfall.
Deutsche Bank to pay $553.6 million in tax shelter case
Deutsche Bank admitted criminal wrongdoing for taking part in fraudulent tax shelters that let clients hide billions of dollars, and agreed to pay $553.6 million to settle the case, U.S. prosecutors said on Tuesday.
Intel wins FTC clearance for McAfee deal
Intel Corp has won approval from the Federal Trade Commission for its proposed $7.68 billion acquisition of security specialist McAfee Inc, the chipmaker said.
FCC Approves Net Neutrality
By a vote of 3-2, the commission approves net neutrality regulations.
Genzyme more willing to talk to Sanofi: report
Genzyme Corp is more willing to discuss price with Sanofi-Aventis SA , which is trying to acquire the U.S. biotechnology company for $18.5 billion, or $69 a share, according to the Wall Street Journal.
Bankers around world brace for drop in bonuses: Reuters poll
From Wall Street to the City of London to Hong Kong's Central District, bankers are bracing for bonuses to be down 7 percent on average from a year ago, and higher salaries will only partially cushion the hit, a Reuters/IFR global poll shows.
FCC adopts Internet traffic rules
U.S. communications regulators adopted Internet traffic rules on Tuesday that prevent providers from blocking lawful content but still let them ration access to their networks.
Ruling allows American to pull flights from Orbitz
AMR Corp's American Airlines said on Tuesday it would no longer sell flights on online travel agency Orbitz Worldwide after a ruling from an Illinois court.
Texas gains four Congressional seats
Twelve Congressional seats will be shifting states in time for the 2012 elections, according to figures released today by the 2010 U.S. Census, and the most seats are coming to Texas..
Wall Street rises as earnings and M&A stoke optimism
U.S. stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.
Prince rocks Madison Avenue concert
Prince drove the audience crazy with his medley of hits, solos, dancing - in short his musical genius at Madison Square.
Canada's TD Bank bets $6 billion on U.S. auto lending
Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.
Ernst & Young sued by NY for fraud over Lehman
New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.
Scientists Fail To Create Black Hole -- This Time
Scientists didn't see black holes when they fired up the Large Hadron Collider, but they plan to try again.
Tessera wins round in chip patent fight
A appeals court ruled in favor of Tessera Technologies Inc in a chip patent dispute with Qualcomm Inc , Spansion Inc , Freescale Semiconductor Inc , ATI Technologies and STMicroelectronics NV .
Census: US growth rate slows
There are now 308.7 million people in the United States, or 308,745,538 persons to be more exact as of April 1, 2010, according to the U.S. Census Bureau, which released the 2010 Census data today.
Call of Duty: Black Ops sets record for Activision
Activision Blizzard Inc has raked in more than $1 billion in worldwide sales of Call of Duty: Black Ops, the latest installment of the U.S. game publisher's most successful franchise.
Collahuasi mine scrambling to find new export route
The world's No. 3 copper mine, Collahuasi, scrambled on Tuesday to find a new way to ship metal and generate cash after an accident shut its Patache port terminal, strangling its exports as copper prices hit new highs.
ITC to take Motorola patent case against Microsoft
A trade panel that specializes in patent cases has agreed to hear the complaint of Motorola Inc's subsidiary Motorola Mobility against Microsoft Corp , the panel said on Tuesday.
Wall St rises as earnings, M&A heightens optimism
Stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.
Microsoft says 1.5 million Phone 7s sold in 6 weeks
More than 1.5 million cellphones carrying Microsoft Corp's Windows Phone 7 operating software have sold in the first six weeks of launch, meeting what the company called realistic expectations.
Apple TV sales expected to rise to 1 million
Apple Inc expects sales of Apple TV to top 1 million units this week, showing that the device is gaining traction in bringing the Web to TV.
TD Bank bets $6 billion on U.S. auto lending
Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.
2011 Gold Price Forecast at $1500 or even $1800 on Gov Debt, China-US Currency War
The Gold Price touched a 4-session high at $1390 per ounce in early London trade on Tuesday, rising for Euro and UK investors as world stock markets hit new two-year highs.
New York sues Ernst & Young, alleges Lehman fraud
New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.
EU, EFSF to start raising Irish cash in January
European rescue funds will start raising cash on the market to help Ireland in January, starting with bonds issued by the European Financial Stability Mechanism, the European Commission said in a statement.
Windows Phone Sales Hit 1.5 Million
Microsoft says that in six weeks on the market 1.5 million phones carrying the Windows Phone 7 operating system were sold.
Analysis: FCC plan feared stunting Internet TV services
Internet TV services planned by Microsoft, Google and Amazon could be held back by imminent rules that would allow phone and cable companies to charge consumers based on usage, media executives told Reuters.
