Major U.S. firms on route to award record pay in '09: report
Major U.S. banks and securities firms are on track to pay employees about $140 billion in total compensation and benefits this year, the Wall Street Journal said, citing an analysis of securities filings for the first half of 2009 and revenue estimates through the end of the year.
Bank of Japan refrains from comment on exit strategy
The Bank of Japan kept markets guessing on the future of its support for corporate finance, avoiding any reference to the issue in its latest policy review as analysts warily eyed government pressure to keep the measures in place.
Dollar drops to 14-month low; commodities rise
The U.S. dollar struck a 14-month low against the euro on Wednesday, sending gold to record prices and pushing oil past the 2009 high of $75 a barrel and on track for a fifth day of gains.
Kleiner Perkins to invest in iPhone app Shazam
Venture capital firm Kleiner Perkins on Tuesday makes its latest bet on wireless device technology, with high hopes in music recognition and iPhone application developer Shazam, joining a wave of investment in the hot mobile content and technology market.
Dollar drops to 14-month low, commodities rise
The U.S. dollar struck a 14-month low against the euro, keeping oil prices on track for a fifth day of gains on Wednesday near the 2009 high of $75 a barrel and sending gold to a record high.
Cisco leads tech M&A charge out of downturn
When it comes to Cisco Systems Inc and dealmaking, the prevailing sentiment in Silicon Valley is: You can't predict what Cisco will buy next, but you can see why it fits.
AT&T wins antitrust approval to buy Centennial
AT&T, the No. 2 U.S. wireless provider, has won U.S. antitrust approval to buy Centennial Communications Corp on the condition that it sell assets in parts of Louisiana and Mississippi, the U.S. Justice Department said on Tuesday.
$21m for new Better Health Grants
The Rudd Government will provide $21 million for the first-ever nationwide Partnership for Better Health Grants.
House begins assembly of financial reform plan
The House Financial Services Committee is to begin work on Wednesday on a top priority for the U.S. Congress -- legislation to mend regulatory holes exposed by last fall's financial crisis.
BOJ skips funding decision, sees economy improving
The Bank of Japan kept markets guessing on Wednesday on the future of its support for corporate finance, avoiding any reference to the measures in a statement after its latest policy review.
U.S. House begins assembly of financial reform plan
The House Financial Services Committee is to begin work on Wednesday on a top priority for the U.S. Congress -- legislation to mend regulatory holes exposed by last fall's financial crisis.
Bank of Japan mulls exit plan despite government pressure
The Bank of Japan may decide to start withdrawing support for corporate finance on Wednesday, despite government criticism, at a policy meeting that may set the tone for its relationship with the new government.
Oil surges towards $75, eyes China, U.S. data
Oil surged for a fifth day toward its 2009 high of $75 a barrel, boosted by a weak dollar and strong earnings from Intel that pushed U.S. stock futures sharply higher.
Oil surges towards $75, eyes China, US data
Oil surged for a fifth day toward its 2009 high of $75 a barrel, boosted by a weak dollar and strong earnings from Intel that pushed U.S. stock futures sharply higher.
Exit strategy? U.S. still has big problem to solve
U.S. officials must figure out what to do about an economy that is growing yet not generating enough jobs before they can shift their focus to dismantling their multi-trillion-dollar rescue programs.
Will solar speed up emerging cellphone revolution?
Watching his sons kick around a makeshift ball made from tightly bound plastic bags, Ugandan handyman Jackson Mawa marvels at the way business has improved since he bought a solar-powered mobile phone.
Pepsi, Anheuser to jointly buy goods, services
PepsiCo and Anheuser-Busch have agreed to jointly purchase goods and services, from computers to travel, in the United States in a move one expert called a first for large companies.
Google Voice gets generous with its users
Google announced on Tuesday that it has begun offering its Google Voice testers the opportunity to invite friends to join the telephony service.
NY Mayor's Office in Play as Bloomberg, Thompson Square Off in First Debate
New York voters got a closer look at the top two candidates for the office of New York Mayor as incumbent Michael Bloomberg squared off against Comptroller William Thompson in their first of two debates.
Intel glides past Street expectations, cheers market
Intel Corp's quarterly outlook and results soared past expectations on Tuesday, sending shares 7 percent higher and fueling optimism over a tech sector recovery before the crucial holiday season.
Ford, UAW reach tentative deal on contract changes
The United Auto Workers and Ford Motor Co announced a tentative agreement on Tuesday with a no-strike provision and other concessions to bring its labor costs in line with U.S. rivals.
Treasury says AIG should lower retention payments
The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to retain staff, but which have stoked a controversy over pay at taxpayer-supported firms.
Cisco to buy wireless gear maker Starent for $2.9 billion
Cisco Systems Inc plans to buy advanced wireless equipment maker Starent Networks Corp for $2.9 billion to boost its product offerings as phone carriers build out next-generation networks.
Change Your Marriage From Being Roomates to Lovers
A marriage that is filled with love, romance, communication and passion is possible when you learn to demonstrate and verbalize your love on a daily basis.
Jackson scores 5 American Music Award nominations
Michael Jackson picked up five American Music Awards on Tuesday, almost four months after his sudden death turned him into the biggest-selling artist of the year, organizers said on Tuesday.
Cuba stops blogger traveling to NYC to accept prize
Cuba will not allow dissident blogger Yoani Sanchez to travel to the United States to receive a journalism prize, Columbia University said on Tuesday.
Rihanna's new album release date likely Nov 23
Rihanna's new album will likely be released on November 23, the R&B singer twitted Tuesday.
Jon Gosselin must return $180,000 he took, judge rules
A Pennsylvania judge ordered reality TV star Jon Gosselin to return $180,000 to a joint bank account he shares with estranged wife Kate Gosselin, People Magazine reported Tuesday, citing a source close to Kate.
Intel quarterly results beat Street, shares rise
Intel Corp's quarterly outlook and results shattered expectations on Tuesday, boosting its shares 6 percent and fueling optimism over a tech sector recovery before the crucial holiday season.
CSX 3rd-qtr profit beats on light revenue
CSX Corp , the No. 3 U.S. railroad, reported a stronger-than-expected quarterly profit on Tuesday and said it believed the worst of the recession is likely behind us.
