Uncategorized
  • Suggesting caution still reigns, however, cash holdings rose to 6.4 percent from 5.9 percent and were at their highest for the year.

    U.S. and British institutional investors walked away from euro zone bonds during November as fears for the future of the currency bloc grew, Reuters asset allocation polls showed on Wednesday.

    Keep Reading >>

    30 Nov 11
  • Lawmakers want spy agencies to share cyber data

    Lawmakers on Wednesday proposed fighting the cyber threat that is taking a toll on American companies by allowing spy agencies to share threat intelligence with private firms.

    Keep Reading >>

    30 Nov 11
  • So far, 58 of the Senate's 100 members have agreed to take part in the gift exchange, which will take place at a party with eggnog and cookies.

    In a political test of the spirit of Christmas, warring Democrats and Republicans in the Senate are getting ready to exchange holiday gifts.

    Keep Reading >>

    30 Nov 11
  • Woman gives birth at airport restroom

    A woman gave birth in a restroom at Baltimore’s airport after arriving on a flight, an airport spokesman said on Monday.

    Keep Reading >>

    30 Nov 11
  • Mayor ends hunger strike over cuts

    Romanian mayor Florin Cazacu Saturday ended a six-day hunger strike over cuts in heating subsidies after the government handed his town extra funds for fuel oil.

    Keep Reading >>

    29 Nov 11
  • Iranian protesters storm British diplomatic compounds

    Iranian protesters stormed two British diplomatic compounds in Tehran on Tuesday, smashing windows, torching a car and burning the British flag in protest against new sanctions imposed by London.

    Keep Reading >>

    29 Nov 11
  • Microsoft Corp is helping to finance a possible Silver Lake investment in Yahoo, which has a market value of about $19 billion, the sources said.

    Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant’s partners in Asia, sources familiar with the matter said.

    Keep Reading >>

    29 Nov 11
  • AMR Corp, the parent of American Airlines, also filed for bankruptcy and replaced its chief executive.

    American Airlines filed for bankruptcy protection on Tuesday to cut labor costs in the face of high fuel prices and dampened travel demand, capping a prolonged descent for what was once the largest U.S. carrier.

    Keep Reading >>

    29 Nov 11