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Asian Markets

Asian Stock Markets Up On Stimulus Hopes

Asian stock markets advanced for the third straight session on Wednesday as sentiment continued to improve on hopes that the major central banks around the world will soon announce new round of stimulus measures to spur economic growth.

Standard Chartered Sparks Scrutiny of India Offshoring

Standard Chartered Building
Offshoring of back-office work to India, a trend among banks and accounting firms, came under new scrutiny with allegations that Standard Chartered Plc moved compliance oversight work dealing with Iranian banking transactions to India to avoid U.S. regulators.
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Pfizer, BYU Go To Court In May, Celebrex and Millions Of Dollars At Stake

Pfizer Settles Government Bribery Complaints

Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.
Chuck Grassley

Surging US Corn Prices Spark Ethanol Debate

A 60 percent surge since June in the U.S. price of corn has reignited the on-again-off-again debate over using corn to produce ethyl alcohol, also known as ethanol, as a motor fuel additive.
Day-Lewis as Lincoln

Image Of Daniel Day-Lewis As Abraham Lincoln Surfaces

Thanks to Entertainment Weekly, an image of Daniel Day-Lewis as President Abraham Lincoln has emerged. The film (aptly titled “Lincoln”) is being directed by Steven Spielberg with a script courtesy of Tony Kushner (“Munich,” “Angels In America”). The method actor was last seen in the box-office disaster “Nine,” a musical adaptation of Fellini’s “8 1/2”.
Hamlisch

Marvin Hamlisch, Composer, Dead At Age 68

Marvin Hamlisch, best known for his scores to “The Sting” and “The Way We Were” (for which he won Academy Awards), has passed away at the age of 68, according to USA Today.
Director Jack Osbourne (C) poses with his mother Sharon Osbourne (R) and his sister Kelly Osbourne at a private preview of the documentary "God Bless Ozzy Osbourne" at the Arclight Cinerama Dome in Hollywood, California

Sharon Osbourne Leaving ‘America’s Got Talent’ After Claiming NBC Discriminated Against Son Jack For MS

Sharon Osbourne, wife of mumbling rocker-turned-reality star Ozzy Osbourne, is claiming that NBC discriminated against her son Jack for revealing that he has multiple sclerosis. Osbourne, who recently announced cryptically over Twitter that she would not be returning to “America’s Got Talent,” now claims that her departure is due to NBC’s firing of her son from its upcoming show “Stars Earn Stripes” after he announced he had been diagnosed with MS.

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