More than 300 volunteers took to the streets of London to clean up the remains of vehicles destroyed in riots in the north following three nights of unrest. About 16,000 police will be out patrolling the streets to prevent a fourth night of unrest, which has spread to Manchester, northern England's biggest city. Rioters in Manchester reportedly set fire to a property in Salford, west of the center, and a clothing retail store in the main shopping area, Greater Manchester Police said.
The riots convulsing London could cost taxpayers over £100 million, or $162 million, after the Metropolitan Police pick up the insurance tab, the Guardian reported.
To stop the four day-long riots in London, police and politicians are considering a number of crowd control methods never before used in the United Kingdom.
Makers of Post Food cereals, Ralcorp Holdings has forged a $545 million deal with Sara Lee for its North American refrigerated dough business that includes private label toaster pastries, specialty biscuits, crescent rolls, pizza and pie crusts in the retail segment. The sale formalities and closure is expected by 2012.
A new study from ViaForensics uncovered how most apps on iOS and Android don't properly protect consumer data.
BRC stated that retail shops of every size and type have lost business to the rioters.
For plenty of financial advisers -- who also serve as quasi-therapists, spiritual gurus and confidantes -- Monday was bad.
The rioting that trembled London over the weekend has spread to at least eight new districts on Monday and Tuesday, including cities of Liverpool and Birmingham, Britain's second-largest city.
The riots that started in Tottenham have moved across London, then to Birmingham. They have now hit Liverpool.
The Swiss franc hovered near record highs against the dollar and euro in Asia on Tuesday, having surged on the back of a global stock market rout as a crisis of confidence gripped investors.
U.S. markets shed as much as two percent at the open Monday, on news of the S&P's U.S. debt rating downgrade and subsequent plummets in global markets overnight.
Global markets plummeted overnight night as news of the U.S. downgrade. Monday is the first day of trading in the U.S. and futures pointed sharply lower early by 6:30 a.m.
Tel Aviv shares closed nearly 7 percent lower on Sunday in the first response of a developed market to Standard & Poor's downgrade of the United States' credit rating that has sparked fears of another global recession.
London braced on Sunday for more violence after some of the worst riots in the British capital for years which politicians and police blamed on criminal thugs but residents attributed to local tensions and anger over hardship.
London picked itself up on Sunday from some of the worst violence seen in the British capital for years which politicians and police blamed on criminal thugs but residents attributed to local tensions and anger over rising financial hardship.
Hewlett Packard reduced the price of its TouchPad tablet computer again, highlighting the uphill battle manufacturers will need to overcome as they go head-to-head against the dominant Apple iPad line of tablets.
At a time when multiple fake Apple stores have been uncovered in China, Apple turned its attention on retail stores in the Chinatown section of Queens, New York, that sell cases and other accessories for Apple products like the iPhone, iPod and iPad, with a trademark lawsuit.
The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy.
U.S. food safety advocates are calling for changes to meat recall rules after regulators took months to warn the public about a Salmonella outbreak that has sickened nearly 80 people and caused one death.
Investors scrambling for cover during the U.S. deficit and debt ceiling talks and Europe's ongoing sovereign debt crisis sold stock funds and bought emerging market debt and commodities, data from EPFR showed on Friday.
The United States Postal Service is bleeding cash and nearing default. The post office is asking Congress for help.
The U.S. Post Office is warning it could default on payments to the federal government if Congress does not step in with help.
