Japan Crisis Adds New Risk to Global Recovery Posted: 15 Mar 2011 08:37 PM PDT Mounting worries about Japan's ability to contain and recover quickly from a nuclear disaster jolted the world's financial markets and economy Tuesday. |
A Game, a Game Show, a Guinness Posted: 15 Mar 2011 08:12 PM PDT Guinness is rolling out a soccer-themed game show across Africa, as it looks to lift sales in the continent's crucial markets. |
Galleon Defense Bids to Discredit U.S.'s Star Witness Posted: 15 Mar 2011 08:29 PM PDT A lawyer for Galleon Group founder Raj Rajaratnam attempted to discredit the government's star witness in an insider-trading trial, accusing him of telling "a monstrous lie" to hide payments from the hedge-fund trader and others. |
Setback for Sands in Macau Suit Posted: 15 Mar 2011 09:26 PM PDT A judge rejected pleas by Las Vegas Sands to dismiss a high-profile employment case that pits the casino giant against a former Macau manager. |
Bargain Hunters Lift Tokyo Shares Posted: 15 Mar 2011 08:55 PM PDT Tokyo shares remained higher at the midday market break, though the key index had pulled back from its earlier peak. Most other Asia markets were also up. |
ATM Fees Heading Higher Posted: 15 Mar 2011 05:16 PM PDT Some of the nation's biggest banks are imposing a variety of new fees on people who withdraw money from automated-teller machines. |
Off Screen, Porn Sites Trick Advertisers Posted: 15 Mar 2011 05:31 PM PDT Dozens of big-name marketers and Internet companies have fallen victim to a scam orchestrated by a series of pornography sites, which are trying to generate revenue by setting up junk pages and faking Web traffic. |
Aluminum Competes Against Steel in Lighter Cars Posted: 15 Mar 2011 08:33 PM PDT Fuel-efficiency standards and high gasoline prices are intensifying the fight between steel and aluminum companies to build lightweight cars. |
Metal Firms Seek Weight Loss Posted: 15 Mar 2011 07:20 PM PDT Alcoa and U.S. Steel are testing new alloys to help auto makers boost their fuel efficiency. |
Setback in Japan's Reactor Fight Posted: 15 Mar 2011 09:10 PM PDT Japan faced new setbacks in its struggle to tame a quake-ravaged nuclear complex, as fresh fires broke out early Wednesday, workers were temporarily moved to safer locations, and new threats emerged in previously unaffected parts of the plant. |
France Criticizes Renault Posted: 15 Mar 2011 04:03 PM PDT France's government, Renault's biggest shareholder, criticized the car maker over its false accusation of corporate espionage against three senior managers. |
Coupon Website Seeks Funds Posted: 15 Mar 2011 04:43 PM PDT LivingSocial is in active talks with investors to raise around $500 million to help fuel its expansion and keep up with rival Groupon. |
Reactor Monitor Posted: 15 Mar 2011 01:23 PM PDT Keep track of reactor incidents at the Fukushima Daiichi nuclear plant 170 miles northeast of Tokyo, which was damaged by the massive earthquake and tsunami on March 11. |
NYSE Bid Is All but Certain for Nasdaq Posted: 15 Mar 2011 05:49 PM PDT Challenges aside, Nasdaq OMX Chief Executive Robert Greifeld is determined to mount a counterbid for NYSE Euronext, say people close to him. |
Fed Sees Gains, Keeps Eye on Inflation Posted: 15 Mar 2011 05:50 PM PDT The Fed kept its easy-money policies intact as markets reeled from a series of global shocks, but it also offered reassuring words about the economic outlook and signaled vigilance on inflation. |
CEO Quits Houghton Posted: 15 Mar 2011 02:09 PM PDT Barry O'Callaghan, chief executive of Houghton Mifflin Harcourt, resigned from the publisher, which last year underwent a major refinancing. |
FDIC Spells Out Its Role in Unwinding Financial Firms Posted: 15 Mar 2011 05:41 PM PDT U.S. regulators Tuesday laid out a partial roadmap for dismantling large financial firms to avoid bailing them out or allowing them to collapse in bankruptcy in the future. |
Banks Snared in Libor Probe Posted: 15 Mar 2011 06:14 PM PDT Multiple U.S. and European banks have been contacted by U.S. regulators as part of a probe into possible manipulation of the London interbank offered rate. |
Total, U.S. in Talks on Iran Probe Posted: 15 Mar 2011 02:04 PM PDT Total said it is in negotiations with the U.S. authorities to settle a probe over allegations that the French energy company paid bribes to Iranian officials to obtain contracts. |
Eisner Joins IAC Board Posted: 15 Mar 2011 01:20 PM PDT IAC/Interactive named Michael Eisner, the former CEO of Disney, to its board. |