Senate OKs Fed audit as part of bank overhaul
The Senate on Tuesday challenged the Federal Reserve's tradition of secrecy but postponed an overhaul of mortgage finance giants Fannie Mae and Freddie Mac under a massive reform of banking regulations.
Drinking wine or eating chocolate gives no health benefits
According to the Heart Foundation, chocolate consumption or wine drinking does not offer any real cardiovascular health benefit.
Women warned of accuracy of commercial breast screening
The increase in the number of commercial breast imaging services, along with marketing tactics to promote them as non-invasive, safe and comfortable have raised concerns of the West Australian Cancer Council.
Microsoft updates Office, vies online with Google
Microsoft Corp launches an updated version of its Office software on Wednesday, aiming to keep its grip on the hugely profitable business application market while countering the challenge of free online alternatives from Google Inc.
WA investigation into hepatitis and HIV exposure
The WA Country Health Service is now investigating the breach of infection control procedure by an anaesthetist who treated 250 patients at hospitals across the state's north west.
Mental health is 'everybody's business' research says
Mental health has been called to be put highest priority in the national health and political agenda, by one of Australia's largest churches, Wesley Mission, following the findings of recent research stating 77 per cent of people in NSW have either experienced mental illness or knew someone who had.
'Unfit' mothers may risk losing unborn babies
The Department for Child Protection - under the new radical government policy - will seize babies from unfit mothers before they are even born.
Intel CEO confident of return to sales, PC growth
Intel Corp expects annual earnings growth to double over the next few years, bolstered by an expected 15 percent to 16 percent expansion in the global personal computer market.
FDIC floats bank wills, securitization rules
The largest U.S. banks would have to come up with plans for regulators to dismantle them in times of severe distress, under a new rule proposed by the Federal Deposit Insurance Corp on Tuesday.
Who caused sell-off? Space aliens or fat finger
Fat finger has company.The initial theory that an errant trader caused Thursday's mysterious stock market plunge isn't the only dubious hypothesis making the rounds.
Daily forex forecast - 12/5/2010
The Australian dollar rallied against the US during Asia despite data showing a decline in business confidence and job advertisements.
JPMorgan sees balanced financial reform prevailing
Balanced U.S. financial reform will likely prevail, according to JPMorgan Chase & Co's investment bank Chief Executive Jes Staley.
SEC says markets failed investors in selloff
The top U.S. securities regulator said markets failed many investors when they suddenly fell nearly 1,000 points last Thursday afternoon and vowed to rectify the situation quickly.
Struggling Nokia revamps management team again
Top cellphone maker Nokia Oyj revamped its management team for the second time in seven months, placing veterans in two key roles to revive its core business units and fend off rivals like Apple Inc.
How I Travel: Susie Floros
Being an only child had its perks. I'd sprawl out across the backseat and go wherever the road brought us. We'd drive from Rhinebeck, New York down the east coast to the Jersey Shore, North Carolina or Florida for family vacations.
U.S. homebuilders' rally will expire with tax credits
Investors soothed by the stock market rebound should not get too comfortable in U.S. homebuilder shares. Last week's sell-off in that sector was no mere blip triggered by unrest on Greek streets far from placid U.S. suburbs.
Fannie, Freddie aid cost unclear: regulator
It is unclear how much U.S. taxpayers will eventually have to shell out to help mortgage finance giants Fannie Mae and Freddie Mac, the regulator of the two companies said on Tuesday.
How to Save Money on London Theatre Hotels
So you've decided to come to London to see a musical or a play. You want to have a great night out watching one of the big shows like Oliver, Sister Act or Avenue Q, but you also want to keep the costs down as much as possible. The first thing to consider is where you're going to stay.
Dow, S&P 500 fall as euro-zone fears linger
The Dow and the S&P 500 fell in a volatile session on Tuesday as fears that a $1 trillion bailout for Europe won't solve the region's deep-seated problems blunted an improving U.S. economic picture.
U.S. still looking for market plunge cause
The top U.S. securities regulator said no single event had been found to explain Thursday's mysterious market plunge, but the shocking drop was unacceptable and additional safeguards were coming.
UPDATE1-Fannie, Freddie aid cost unclear-regulator
It is unclear how much U.S. taxpayers will eventually have to shell out to help mortgage finance giants Fannie Mae and Freddie Mac, the regulator of the two companies said on Tuesday.
Cuomo sues Bank of NY Mellon unit over Madoff
New York Attorney General Andrew Cuomo sued a Bank of New York Mellon Corp unit and two former senior officers on Tuesday, claiming they kept clients in the dark about investing with Bernard Madoff.
Apple questions Android smartphone surge
Apple Inc on Tuesday questioned recent data showing smartphones using Google's Android operating system surpassing iPhone sales in the United States, and said there are no signs that the competition is gaining in the smartphone market.
AIG, Pru in talks to restructure AIA deal: sources
AIG is in talks with Prudential Plc to restructure a $35.5 billion deal to sell its Asian life insurance unit to the British insurer, sources familiar with the matter said on Tuesday.
Big-cap tech, biotechs lift Wall Street
U.S. stocks extended gains on Tuesday, boosted by Intel Corp, Apple Inc and biotechnology shares, with the Nasdaq Composite briefly up 1 percent.
SEC still searching for market plunge cause
The top U.S. securities regulator said no single event had been found to explain Thursday's mysterious market plunge but the events were unacceptable and additional safeguards were coming.
Wall Street rises as investors focus on U.S. growth
U.S. stocks rose on Tuesday as investors turned their attention back to the strong earnings picture in the United States and fears of a wave of euro-zone debt defaults ebbed.
U.S. still searching for market plunge cause
The top U.S. securities regulator said no single event had been found to explain Thursday's mysterious market plunge but the events were unacceptable and additional safeguards were coming.
Senate rejects broader Fed audit amendment
The Senate rejected an amendment on Tuesday that would have exposed the Federal Reserve to broader scrutiny by Congress, which critics said would extend to monetary policy decisions.
Wall St rises on biotech, but Greece still in mind
U.S. stocks rose on Tuesday, recovering from early losses on strength in the biotech sector after Gilead Sciences unveiled a large stock-buyback program, as well as in large-cap tech firms.