Swiss shun untaxed cash, seek fix to black money
Switzerland said it would no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues.
U.S. health summit goes live, deal unlikely
After more than a year of debate on health care reform, President Obama has convened top political leaders in Washington today for a six-hour televised discussion likely to reveal to an even wider audience already firmly entrenched opposing views.
SeaWorld committed to using whale after third killing
A killer whale viciously attacked and killed a trainer at Sea World park in Orlando, Florida, making it the third time this whale has killed a human in the past decade, yet Sea World has no plans in removing the whale from their show.
Shamu attack may have not been intentional: biologist
A day after a whale at SeaWorld Orlando killed its trainer during a public show at the park's Shamu Stadium, a marine biologist with the Monterey Bay Whale Watch said the animal may had not do it intentionally.
Geely says to buy Chinese special vehicle maker
The parent company of Geely Automobile Holdings Ltd said on Thursday it plans to buy Chinese special vehicle maker Zhejiang Zhongyu Automobile Co as it moves to expand its product portfolio.
Honda launches CR-Z hybrid, says margins higher
Honda Motor Co on Thursday launched the sporty CR-Z model, its second in a line of low-cost hybrid cars aimed at meeting stricter environmental regulations and expanding sales in the tough global car market.
Obama hosts summit to rescue health bill
After months of heated battle over healthcare reform in the Congress, leaders in both parties held out little hope for compromise at a bipartisan meeting that will provide a national stage for the arguments fueling the long-running debate.
A bottle of pills to kick the bottle
In the United States alone there are probably around 36 million Darryls, according to the National Institute on Alcohol Abuse and Alcoholism (NIAAA), which created the character, played by an actor on its website to help train doctors.
Haggling delays 3.5 billion euro A400M bail-out
After agreeing to pump in 3.5 billion euros ($4.7 billion) to save the troubled Airbus A400M military plane project, the buyer nations have postponed a final deal.
When to call the functional format into play
Dear Sam: I recently saw your column in my local newspaper and thought I would check out your blog.
Roche's Avastin helps in ovarian cancer
Roche, the world's largest maker of cancer drugs, said on Thursday it was the first positive Phase III study of an anti-angiogenic therapy, which uses drugs to stop tumors from making new blood vessels, in advanced ovarian cancer.
Shamu kills Sea World Trainer Dawn Brancheau
A trainer at the SeaWorld park in Orlando, Florida, has died after being attacked by a killer whale after she innocently swung her ponytail which attracted his attention.
Startup Bloom unveils fuel cells to power buildings
Start-up Bloom Energy unveiled a new fuel cell technology that can power buildings, positioning the energy generators as an alternative to the electricity grid.
SolarWorld 2010 outlook disappoints, weak 2009 EBIT
SolarWorld disappointed markets by giving a weak outlook as the sector's crisis finally hit the giant long believed to be invulnerable.
Senators blast NASA for lacking vision
A Senate science subcommittee clashed with NASA's chief on Wednesday, saying the firm and the White House lacked a clear vision and goal for the program.
Swiss say will no longer accept untaxed money
Switzerland will no longer accept untaxed money into its banks as it tries to ease pressure on its $2 trillion offshore banking industry from key trading partners seeking to boost tax revenues, it said on Thursday.
Wall Street set to fall on jobless data
Wall St was set for a lower open on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting worries over possible defaults in the euro zone, and an increase in jobless claims fueled concerns about the U.S. economy.
Durable goods orders slip, jobs data weak
New orders for long-lasting U.S. manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the pace of economic recovery.
Stock futures fall as Greece woes come back in focus
Optimism over Fed Chairman Bernanke's comments on Wednesday faded as global markets sputtered over unsettled Greece woes.
US mortgage bankers pitch forbearance for jobless
A mortgage banking group on Wednesday said it proposed to top U.S. officials a new plan offering forbearance to unemployed homeowners and asked the Treasury for credit to support the plan.
Stock futures lower on Greece downgrade fears
U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone.
Continental Resources Q4 results beat Street view
Continental Resources Inc posted a a fourth-quarter profit that beat market estimates by a penny due to lower expenses.
SPX sees drop in Q1 profit, second-half recovery
Diversified U.S. manufacturer SPX Corp expects profit to fall sharply in the first quarter, weighed down by weak demand for power transformers.
Coca-Cola close to buying its largest bottler
Coca-Cola Co is in talks to buy most of its largest bottler for roughly $15 billion, including debt, marking a shift in its strategy to keep its bottling operations separate, a person familiar with the situation said on Wednesday.
T.Italia to delay results as probe shock spreads
Telecom Italia postponed the Thursday release of its 2009 results amid a probe into an alleged 2 billion euro ($2.7 billion) money-laundering operation involving its Sparkle unit and broadband group Fastweb .
North Korea, as usual, threatens South, U.S. over drill
North Korea threatened to attack South Korean and U.S. forces for scheduled joint military drills in March even as nuclear envoys picked up the pace of work to get stalled disarmament talks back on track.
Pakistan to hand over Taliban No 2, says Afghanistan
Pakistan has agreed to hand over to Afghanistan captured Afghan Taliban number two, Mullah Abdul Ghani Baradar, and other militants, the president's office said on Thursday.
Stock futures lower after Greece downgrade fears
U.S. stock index futures fell on Thursday after rating agencies said they may downgrade Greece's sovereign debt, reigniting concerns over possible defaults in the euro zone that have dogged markets recently.
Dubai Mall partly evacuated after aquarium leak
Dubai Mall, one of the world's largest shopping centers and a symbol of Dubai's grandeur, was partly closed on Thursday after an aquarium containing thousands of fish and other sea animals started leaking, police and witnesses said.
China's military warns Washington, denies hacking
China's military warned the United States on Thursday to speak and act cautiously to avoid reigniting tensions between the two powers, denying the People's Liberation Army played a part in Internet hacking.