Avatar starts long march toward profitability
Titanic director James Cameron releases his first dramatic feature in 12 years this weekend, and there's almost as much buzz about its costs as the film's groundbreaking motion-capture animation.
Metallica, Slayer to tour together
Heavy metal's Big Four -- Metallica, Slayer, Megadeth and Anthrax -- will ride together in 2010. In Europe, at least.
Feast or famine for Golden Globe nominees
They were joking about it on the set of The Adjustment Bureau, where freshly minted Globes nominee Emily Blunt was working with Matt Damon, who scored a double whammy Tuesday with nominations for the comedy The Informant! and the drama Invictus.
Mundane Morgans wastes talented cast
As with most mainstream comedies, you get nearly all of the story line and most of the best jokes in Did You Hear About the Morgans? from its trailer.
Microsoft browser pledge ends EU dispute
European Union regulators accepted Microsoft Corp's pledge to give European consumers better access to rival Internet browsers in Windows, ending a long antitrust dispute with the U.S. software maker.
Churchill Downs makes bet on online wagering
Churchill Downs Inc's recent cash and stock deal for online wagering site Youbet.com Inc has the company best known for the Kentucky Derby betting on a faster growth track.
Europeans dominate Golden Globe foreign film group
A neo-noir romance and a sweeping historical look at a Sicilian village were among the foreign language films earning Golden Globe nominations on Tuesday, hoping to boost recognition in the United States.
NATO chief asks for Russian help in Afghanistan
NATO Secretary-General Anders Fogh Rasmussen asked Russia on Wednesday to give the Western military alliance more help in Afghanistan but failed to get an immediate pledge of assistance from the Kremlin.
Britain sets up defense air safety body after Afghan crash
Britain said on Wednesday it would set up a new military air safety body after a probe into a Royal Air Force plane crash in Afghanistan that killed 14 people found serious faults in safety procedures.
Treasury working on new uses for bailout cash
The Treasury is working on a number of fronts to use the government's $700 billion bailout fund to boost lending to small businesses, a senior Treasury official said on Wednesday, adding that tax incentives to boost hiring should be considered.
FTC sues chip giant Intel
The U.S. government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.
U.S. FTC sues Intel for abusing market dominance
The U.S. government filed suit against Intel Corp on Wednesday, accusing the chip giant of illegally using its market dominance to stifle competition for a decade.
Emcore Q4 results beat estimates, shares rise
Emcore Corp (EMKR.O), a maker of compound semiconductor-based components and subsystems, posted fourth-quarter results above estimates, helped by a steep fall in operating expenses, and forecast first-quarter revenue above market expectations.
Dow Chemical looks for growth in water sector
Dow Chemical Co's buyout of Rohm & Haas earlier this year could help transform its small water business into an economic river, though the recession and enormity of sifting through thousands of potential products could slow its ambitious plans.
Canada to ignore pressure for deeper emission cuts
Canadian Prime Minister Stephen Harper is likely to ignore pressure to adopt tougher emissions targets this week, preferring instead to let the United States craft a North American climate change policy.
Elin Nordegren to meet with divorce attorneys: Report
The wife of Tiger Woods, Elin Nordegren, has already set appointments to meet with divorce attorneys next week according to reports from Radar online.
Walgreens to offer H1N1 vaccine nationwide in December
Walgreen Co aims to offer the H1N1 vaccine shot in all 50 states by the end of December, a move that could help the largest U.S. drugstore chain bring more consumers into its stores and clinics.
Dell outlines vision, expenses for Perot deal
Dell Inc (DELL.O) said the acquisition of Perot Systems will help the company tap new growth markets as it makes a deeper push into technology services.
Essilor buys US eyewear group FGX in $465 mln deal
Essilor (ESSI.PA), the largest maker of corrective eye lenses, plans to buy U.S. group FGX International (FGXI.O) for about $465 million to expand in the growing market for non-prescription reading glasses.
Glaxo boosts consumer health with cold sore deal
GlaxoSmithKline (GSK.L) took a further step to build up its non-prescription consumer health business on Wednesday with a small deal giving it rights to an experimental cold sore treatment from privately owned NanoBio.
Playboy shares fall on report of Iconix cutting talks
Iconix Brand Group Inc is breaking off talks with Playboy Enterprises (PLA.N) after figuring it would be too complicated to separate the Playboy brand from other assets, Bloomberg reported, citing people familiar with the matter.
Federal Trade Commission sues Intel for abusing market dominance
The U.S. government filed suit against Intel Corp on Wednesday, accusing the chip giant of illegally using its market dominance to stifle competition for a decade.
Elin Nordegren wants to divorce Tiger Woods: Report
The wife of philanderer Tiger Woods, Elin Nordegren, is planning to divorce the professional golfer after it was revealed he had numerous affairs during their marriage, according to media reports.
Nomura to buy London boutique investment bank
Japanese bank Nomura is to buy London-based corporate finance advisory firm Tricorn Partners, according to a memo, strengthening its foothold in the lucrative corporate broking business.
Cadbury pension fund insures liabilities
British confectioner Cadbury said on Wednesday it had insured 500 million pounds ($813 million) of pension liabilities in a deal allowing it to keep control of the scheme's assets.
China Shipbuilding gains, insurer raises $3.1 billion
China Shipbuilding Industry Co made a tepid Shanghai debut, and China Pacific Insurance raised $3.1 billion in a Hong Kong IPO, as Beijing steps up the pace of stock offerings to fend off a speculative market bubble.
Consumer prices rise as expected
U.S. consumer prices rose in line with expectations in November on a surge in energy costs, but prices were flat, excluding food and energy, a government report showed on Wednesday.
Stocks seen notching up more gains in 2010
Stocks should score a second straight year of gains in 2010 as an economic recovery brightens the profit outlook, extending the market's rebound from the depths of a punishing financial crisis, a Reuters poll showed on Wednesday.
Fine for Credit Suisse raises Iran alarm
A surprise $536 million settlement by Credit Suisse to a U.S. probe over financial dealings with Iran should only do short-term damage to the Swiss bank, but others could now be in the line of fire.
Wells Fargo to pay $4.5 billion for Prudential unit
Wells Fargo & Co (WFC.N) will buy Prudential Financial Inc's (PRU.N) minority stake in retail brokerage joint venture Wells Fargo Advisors for $4.5 billion, the companies said on Tuesday.