UK to take 75 percent Lloyds stake in asset deal: report
Britain will take a stake of up to 75 percent in Lloyds Banking Group after agreeing a deal to cap the bank's losses on about 250 billion pounds ($352 billion) of its risky assets, the Wall Street Journal reported on Friday.
Irish regulator says probing Merrill Lynch trades
Ireland's financial regulator said on Friday it is investigating the mispricing of trades at Merrill Lynch and is conferring with regulatory counterparts in the UK and the United States.
Dow, S&P buoyed by oil; Nasdaq falters on techs
U.S. stocks mostly rose on Friday, with the Dow and S&P rebounding late in the day to end higher as surging oil prices lifted energy stocks and offset a sell-off in technology shares on bets that the slowing economy will sap consumer spending on gadgets.
Climate change forecasts are useless for policy making
Even as we struggle with serious global financial and economic difficulties, some people believe manmade global warming is a real problem of urgent concern. Perhaps this is because, almost every day, media outlets quote “experts” who predict that soaring temperatures, rising sea levels, increasing storms, prolonged droughts and other disasters will result from human activity.
U.S. needs to do more on climate: EU official
The United States must make deeper cuts in greenhouse gas emissions than proposed by President Barack Obama if the world is to stand a chance of avoiding devastating climate change, an EU official said.
Dow, S&P rise on oil; Nasdaq drops on big-cap tech
U.S. stocks mostly rose on Friday, with the Dow and S&P rebounding late in the day to end higher as surging oil prices lifted energy stocks and offset a sell-off in technology shares on bets that the slowing economy will sap consumer spending on gadgets.
Hulu back on Boxee via RSS, announces new video application
The Boxee and Hulu drama seems to have been reignited today.
Madoff expected to plead guilty to fraud next week
Bernard Madoff, accused mastermind of a $50 billion investment fraud, is expected to plead guilty to criminal charges next week, three months after his arrest shocked his customers worldwide.
Wall St. hit by Apple, banks and grim jobs data
Stocks fell to further 12-year lows on Friday as a bearish brokerage view on Apple Inc prompted a sell-off in technology shares and overhanging fears about the banking system's future weighed.
Madoff may soon plead guilty
New York financier Bernard Madoff, accused of a $50 billion Ponzi scheme, may be near a plea deal with prosecutors.
Denmark open to all options for SAS stake: finance minister
The Danish government is open to all options concerning its 14.3 percent stake in Scandinavian airline SAS including a sale or a merger, Finance Minister Lars Rasmussen told a parliamentary committee.
Sony's 1.3 megapixel cameras joined U.S. Department of Defense
Sony’s latest-generation network security cameras will be use to survey and secure some of Department of Defense's most sensitive area.
Hudson Technologies Q4 and Fiscal Year Results
Hudson Technologies, Inc. a leading distributor and reclaimer of refrigerants, said Friday that 2008 revenues ending in December 31, 2008 increased 23 percent.
Drowsy driving risk increases as clocks spring ahead this weekend
It’s the time of the year when spring is at our doorstep and the clocks move one hour ahead on Sunday morning.
Wall St. slides on Apple, banks, grim jobs data
Stocks fell on Friday as a bearish brokerage view on Apple Inc ignited a sell-off in shares of big-cap tech companies, while fears over the fate of the banking system persisted.
GM says still prefers out-of-court restructuring
General Motors Corp said on Friday that it still prefers to restructure the business out of court rather than file for bankruptcy reorganization.
Dow and Rohm in talks on disputed deal
Dow Chemical Co and Rohm and Haas Co said they are back at the bargaining table to try to settle litigation related to their proposed merger, sending both companies' stock up more than 15 percent.
Madoff takes first step to pleading guilty
Accused swindler Bernard Madoff took the first public step to pleading guilty to criminal charges of masterminding Wall Street's biggest fraud, according to court papers on Friday.
Cabinet-level members of U.S. autos task force meet
Senior members of the Obama administration's auto industry task force are meeting on Friday at the White House to review the status of restructuring efforts at General Motors Corp and Chrysler LLC, officials said.
Adobe Introduce new Scene 7 Template Publishing
Adobe Systems Inc. announced the release of its new Scene 7 Template Publishing that could extends the Adobe Scene7 hosted media platform.
Best Hotel Hot Tubs
Luxurious hot tubs from bucolic China to downtown Manhattan have more than warm water in common—the views are incomparable...
Spherion Employee Confidence Index hits lowest level since 1967
On March 6, recruiting and staffing company, Spherion Corporation reported a decrease in the Spherion Employee Confidence Index of 2.6 points to 40.1, its lowest level since 1967.
Zimbabwe's Tsvangirai hurt and wife killed in crash
Zimbabwean Prime Minister Morgan Tsvangirai's wife was killed and he was injured on Friday when a truck slammed into their vehicle, officials in his MDC party said.
Roche increases Genentech offer to $45.7 billion
Roche Holding AG has raised its bid to buy out the minority shareholders of U.S. biotech group Genentech Inc to $93 a share from $86.50 and extended its tender offer by a week.
Wells Fargo cuts dividend 85 pct, sees new savings
Wells Fargo & Co slashed its dividend 85 percent on Friday, a widely expected move that the fourth-largest U.S. bank said will save $5 billion a year.
Dow and Rohm in talks on troubled deal
Dow Chemical Co and Rohm and Haas Co said on Friday that they were in talks about their troubled merger and the litigation stemming from it.
Best Affordable Beach Resorts
Fashionable beach retreats and bargains aren’t always mutually exclusive. From a sandy retreat in Mexico to a shingled Cape Cod inn, here are our favorites for $250 or less...
Stock indexes dip to 12-year lows
On March 5, America saw its stocks plummet to their lowest levels in more than 12 years as one of the world's most well known banks, and an icon of American manufacturing traded like money on monopoly board game.
Roche ups Genentech bid to $45.7 billion
Roche Holding AG has raised its offer to buy out the minority shareholders of U.S. biotech group Genentech Inc to $93 a share from $86.50 and extended its offer to shareholders by a week.
World's Craziest Party Towns
Go ahead—get crazy in these 10 festive hot spots around the globe. You won’t be alone.
“Goths in black leather sit next...