BlackBerry chief bids for NHL's Coyotes
Jim Balsillie, the co-chief executive of Canadian smartphone maker Research in Motion, wants to import a hockey team up North.
EPA says some ethanol may boost indirect greenhouse gases
Some production methods for corn ethanol may increase indirect greenhouse gas (GHG) emissions, according to an analysis unveiled Tuesday by the U.S. Environmental Protection Agency.
Stocks tumble, yen rises on Bank of America
Stocks slid and the yen rose on Wednesday after news Bank of America needs $34 billion in fresh capital, sending shivers through investors ahead of official results of stress tests on U.S. banks due for release on Thursday.
U.S. utilities, regulator disagree on generation
The nation's top power industry regulator on Tuesday suggested that U.S. utilities don't need to build big nuclear or coal-fired power plants to fill the nation's future power supply needs.
Texas should rethink power island status: FERC
Texas, the state with the largest number of wind turbines, should consider expanding its transmission ties to other states to take full advantage of its wind potential, the nation's top federal energy regulator said on Tuesday.
U.S. windpower industry eyes government mandate for growth
Lost financing, low prices for natural gas and political uncertainty have stymied a potential boom in the U.S. wind power industry this year.
Disney looks beyond traditional studio model
Walt Disney Co is developing an Internet subscription service and may consider trimming studio output, executives said on Tuesday after the division posted a 97 percent decline in operating income.
U.S. to give banks guide for TARP exit soon: sources
U.S. officials could lay out as soon as Wednesday guidelines for how banks can repay taxpayer bailout funds, sources familiar with administration thinking said on Tuesday.
Bankruptcy judge mulls Chrysler plan, GM talks loom
A U.S. bankruptcy judge on Tuesday considered whether Chrysler LLC could move forward with its plans for a quick sale of most of its assets while rival General Motors Corp prepared to resume talks with its union and detailed a plan that could shift majority ownership control to the U.S. government.
Bankruptcy judge mulls Chrysler plan as GM talks loom
A U.S. bankruptcy judge on Tuesday considered whether Chrysler LLC could move forward with its plans for a quick sale of most of its assets while rival General Motors Corp prepared to resume talks with its union and detailed a plan that could shift majority ownership control to the U.S. government.
Energy firms battered by economic slowdown
Energy power firms posted lower earnings on the first quarter of 2009 Tuesday, resenting from the global economic slowdown which has reduced power demand across the nation.
GM details plans to wipe out current shareholders
General Motors Corp on Tuesday detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60 billion new shares in a bid to pay off debt to the U.S. government, bondholders and the United Auto Workers union.
Connie Culp: First U.S. Face Transplant Patient speaks (VIDEO)
The first face transplant patient today went before cameras today and thanked the doctors who performed her life changing surgery following a devastating shooting incident in 2004.
Disney quarterly profit beats Wall Street forecasts
The Walt Disney Co posted a 26 percent earnings drop on Tuesday as the global downturn ate into ad sales and consumer spending, but company executives said the worst may be over for its key media networks and theme parks businesses.
Many stress test banks won't need help: Bernanke
Federal Reserve Chairman Ben Bernanke, seeking to soothe markets worried about the eagerly awaited government stress tests of 19 big banks, on Tuesday downplayed the possibility of new taxpayer bailouts.
U.S. presses Israel on two-state solution, settlements
The Obama administration stepped up pressure on Israel's new government on Tuesday to accept the goal of a Palestinian state and halt expansion of Jewish settlements on occupied land.
U.S. charges father of money market funds with fraud
The father of the money market mutual fund -- investor Bruce Bent -- was charged with fraud by U.S. regulators on Tuesday over accusations he deceived investors into believing his flagship fund was safe before it broke the buck last year.
Father of money market funds charged with fraud
The father of the money market mutual fund -- investor Bruce Bent -- was charged with fraud by U.S. regulators on Tuesday over accusations he deceived investors into believing his flagship fund was safe before it broke the buck last year.
Chrysler holdouts must say who they are, judge says
A small group of Chrysler's lenders who have objected to the Obama administration's plan for a quick dash through bankruptcy must identify themselves, in spite of death threats, a U.S. judge ruled on Tuesday.
Oprah offers free KFC
Oprah has teamed up with fast food giant KFC to offer its newest menu item free of charge as part of its “unthink” campaign.
U.S. Rep. Frank to unveil online gambling bill
U.S. Representative Barney Frank will unveil legislation on Wednesday to roll back a U.S. ban on online gambling, he said in a statement on Tuesday.
Broadcom turns hostile after Emulex rebuffs bid
NEW YORK (Reuters) - Broadcom Corp's (BRCM.O) $764 million bid for Emulex Corp (ELX.N) turned hostile on Tuesday as the chipmaker took its offer directly to Emulex shareholders at the same price that the company had rejected.
U.S. drafts rule to lower CO2 output from biofuels
NEW YORK - U.S. President Barack Obama's administration issued a draft rule on Tuesday aiming to cut greenhouse gasses emitted by biofuels but confirming his predecessor's target for production of corn-based ethanol.
Opel labor leader says Fiat deal risks everything
FRANKFURT - The senior labor leader of German carmaker Opel (GM.N) warned that Fiat's (FIA.MI) ambitious growth strategy was an all-or-nothing bet, rejecting the Italian rival's takeover concept for the GM Europe brand.
Government may own at least 50 pct of GM
GM General Motors Corp. says it may offer current shareholders a reverse stock split where they would receive one share of new stock for every 100 shares they currently own.
SEC charges father of money market funds with fraud
The father of money market funds, Reserve Primary Fund founder Bruce Bent Sr., was among those charged with fraud on Tuesday by securities regulators for allegedly failing to tell investors about the fund's vulnerability to Lehman Brothers' bankruptcy.
Why Confidence Matters – An Insight from Churchill
Emerson once said, “If I have lost confidence in myself, I have the universe against me.” We are living in times when panic is running high and confidence is running low
Fed rejects request to help credit card holders
The U.S. Federal Reserve rejected a request to force credit card companies to immediately halt retroactive interest-rate increases on existing balances, Democratic Senator Charles Schumer said on Tuesday.
Communicate That You Are Well Organized
If “lean and mean” meant something in the work force two years ago, that motto has ascended to near mantra status by now. Clearly--whether by choice or circumstance--companies are trying to get the job done with fewer employees.
Bloggers battle over 'Apple- Twitter takeover' rumor
The latest rumor making the rounds of the blogosphere suggests that Apple is in talks to buy Twitter for as much as $700 million.