DOWN

The End of Whistle-blower WikiLeaks?

Julian Assange is now announcing a temporary suspension of the website's publishing efforts. By the end of the year, WikiLeaks could face shut down due to financial blockades from several major banks and credit card companies, some of which include Visa, Western Union, MasterCard, and PayPal.

BP Q3 underlying profit down on lower output

London-based BP reported lower underlying third quarter profits on Tuesday as falling production, after the oil major sold fields to pay for the Gulf of Mexico oil spill, outweighed the benefits of higher crude prices.

Netflix shares down as DVD subscribers drop

Netflix Inc reported an increase in third-quarter revenue that beat analyst expectations but said DVD subscriptions would sharply decline in the fourth quarter, sending its shares down sharply.

Stock Futures Down on Eurozone Worries

Stock index futures edged lower on Monday after the S&P 500 posted its third straight week of gains as investors had doubts European policymakers would come up with an agreement to fix the region's debt crisis.

Stock futures down on euro zone worries

Stock index futures edged lower on Monday after the S&P 500 posted its third straight week of gains as investors had doubts European policymakers would come up with an agreement to fix the region's debt crisis.

Sarkozy backs down on ECB crisis role

French President Nicolas Sarkozy backed down on Sunday in the face of implacable German opposition to demands to use unlimited European Central Bank funds to fight the euro zone's deepening sovereign debt crisis.

U.N. Urges Yemen President to Step Down Immediately

The U.N. Security Council voted unanimously on Friday to condemn Yemen’s bloody crackdown on peaceful protesters and endorsed an initiative aimed at securing President Ali Abdullah Saleh’s commitment to leave office.

California Shuts Down 529 Plan

The ScholarShares Investment Board in California, which runs the 529 plan, has announced that it will shut down the ScholarShare plan sold through brokers and financial advisers because it didn't manage to find a manager.

General Strike Begins to Shut Down Greece

Greek unions began a 48-hour general strike Wednesday, the biggest protest in years, as Parliament prepared to vote on sweeping new austerity measures designed to stave off a default that could trigger a crisis in the wider Eurozone.

Pages

IBTimes Logo

Bank of America lending profit down, expenses rise

Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank's main businesses showed signs of weakness as lending profits dropped and expenses rose.
Boston Bruins players congratulate goalie Tim Thomas (L) after defeating the Chicago Blackhawks 3-2 in a shootout during their NHL hockey game in Chicago

Dogged Bruins Shoot Down Blackhawks

Stanley Cup champions Boston Bruins thrillingly twice fought back from behind to beat the Chicago Blackhawks 3-2 in a shootout at the United Center on Saturday.
EDITOR'S PICK