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The Grizzlies wanted to trade Mayo for a Josh McRoberts and a draft pick

Grizzlies Dodge a Bullet, Miss Out On Their Own Dumb Trade

The Memphis Grizzlies are spared from executing another bad trade

Long-term S.Africa bonds rise after week of losses

Long-term South African bonds rose on Friday after a four-day sell-off fuelled by the government's disappointing budget deficit forecast for next fiscal year.

Stocks deliver worst week since November as Libyan crisis escalates

Traders work on the floor of the New York Stock Exchange

U.S. stocks climbed on Friday, reversing a three-day sell-off on the deepening Libyan crisis, as oil prices appeared to have stabilized after Saudi Arabia increased its oil output.

Gold: The Once and Future Money

For most of the last three millennia, the world's commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it's not. It's one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so,...

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Jobless claims drop signals improvement

Jobless claims fell more than expected last week, dragging down a closely watched moving average to a more than 2-1/2-year low in a sign the labor market was gradually healing.

Getting dumped spurs matchmaking business

In the process of picking up the pieces of his own broken heart, Thomas Edwards stumbled upon a business helping others fix their love lives. After a college romance ended badly, Edwards' confidence tanked and his social life disappeared.

Gold and Silver Prices Slip Amid Record Volatility in Oil on Libyan Violence and Rumors

Gold and Silver Prices failed to hold onto a sharp overnight bounce in London trade on Friday, trading below $1404 and $33 respectively per ounce as volatility in crude oil remained at record levels but world stock markets rose for the first day in six.

Gold near $1,400/oz, supported by Mideast unrest

Gold held near $1,400 an ounce in Europe on Friday, supported by interest in the metal as a haven from risk as violence flared in Libya, but struggled to maintain traction as some investors cashed in this week's hefty gains.

A man burns a picture of Libyan leader Muammar Gaddafi during a demonstration near the Libyan consulate in Paris

UN, NATO meeting on Libya crisis; sanctions, war crime probes considered

Amidst reports of thousands of deaths in Libya as a result of a brutal crackdown against protesters, the United Nations (UN) Human Rights Council is meeting in a special session in Geneva, Switzerland today to discuss possible sanctions against Moammar Gaddafi’s embattled government.

Pre-Market NASDAQ Movers (DLIA, OVTI, ACOM, CROX, SVNT, NTRI, MDAS, LLNW, FSLR, HANS)

The top pre-market NASDAQ stock market gainers are: dELiA*s, OmniVision Technologies, Ancestry.com, Crocs, and Savient Pharmaceuticals. The top pre-market NASDAQ stock market losers are: NutriSystem, MedAssets, Limelight Networks, First Solar, and Hansen Natural.

Boeing awarded $35-bln contract by USAF to build fueling tankers

The U.S. Air Force has awarded a $35-billion contract to Boeing Co. to (NYSE: BA) build a fleet of aerial fueling tankers in favor of its rival EADS (European Aeronautic Defense and Space Co.) ending a three-year epic battle, according to a report in The New York Times, quoting politicians and industry executives.

Oil prices fall on unconfirmed rumors Gaddafi was shot

Oil traders are citing unconfirmed rumors that Libyan leader Moammar Gaddafi was shot to explain a sudden downward reversal in oil prices today.

How Exactly Do You Spell the Name of Libya’s Leader?

There are numerous variations on the Libyan leader's name

Which Commodities Are Speculators Buying?

It’s no secret that speculators are buying up long contracts of commodities futures. However, the crowding of speculators in into one trade (in this case, long all kinds of commodities) usually spells an imminent reversal, especially if commercial users are on the other side of their trades.

Mariah Carey, Usher and Beyoncé performed at Gaddafi family parties

According to reports by The New York Times and a document obtained by WikiLeaks, several of the hottest pop stars such as Beyoncé, Usher, and Mariah Carey were paid extravagant amounts to perform for member of Moammar Gaddafi's family.

LinkedIn site disrupted in protest-wary China

Access to the networking site LinkedIn was disrupted in China on Thursday, following online calls on other sites for gatherings inspired by protests against authoritarian regimes across the Middle East.

Carmelo Anthony is getting a lot of love in New York

Carmelo Anthony Gets a “Coming Home” Reaction

The All-Star has a song that seems to fit him in his new home

Access to LinkedIn disrupted in China-users

Access to LinkedIn, a social networking site aiming for a $175 million initial public offering, was disrupted in China on Thursday, according to several Internet users.

Iraqi immigrant convicted by Arizona jury in honor killing case

An Iraqi immigrant, who ran over his daughter in his car and assaulted her boyfriend's mother in a case billed as honor killing, has been convicted of second-degree murder by a Phoenix jury.

New York judge rules criminal defendant's interest outweighs shield law

A New York Supreme Court judge has ruled that a person's constitutional right to a fair trial outweighs the press privilege, even if the information obtained by the latter is confidential in nature.

Malikah Shabazz and her sisters appear together outside Jacobi Medical Center in New York City shortly after the death of their mother Dr. Betty Shabazz on June 23, 1997

Twin daughter of Malcolm X denied bail in identity theft case

Malikah Shabazz, one of the children of slain civil rights leader Malcolm X, has been denied bail by a North Carolina court in connection with grand larceny, forgery and identity theft and could face trial in New York City where warrants have been issued against her.