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Rumson flaunts charms, hoping regatta will stay

published 1 day ago
RUMSON, N.J. - When they convene here six months from now for the first Dad Vail Regatta outside Philadelphia in more than half a century, thousands of collegiate rowers on the Navesink River will race past the Salt Creek Grille and take in a view of the splendid Oceanic Bridge and riverfront homes.

How the major stock indexes fared on Thursday (AP)

published 1 day ago
AP - Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar. Energy and material stocks logged some of the biggest losses as a jump in the dollar sent commodity prices tumbling. Meanwhile, an analyst's downgrade of the chip industry pulled technology shares sharply lower.

Tesco plans assault on broadband market

published 2 days ago
Britain's biggest supermarket chain plans to rival BT Virgin Media and TalkTalk.

Intel leads big retreat in world markets (AP)

published 2 days ago
AP - World stocks slid Thursday after analysts at Bank of America Merrill Lynch reportedly downgraded their recommendations on a series of U.S. technology stocks, including Intel Corp. That feeded mounting concerns that current valuations are not justified by the pace of the global economic recovery.

Lewis to Consider Postponing Retirement

published about 20 hours ago
BofA CEO Kenneth Lewis said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to ... more

AMD to Pare Debt With Intel Funds

published Wed, Nov 18 2009 09:37 GMT
Advanced Micro Devices said it would use its $1.25 billion settlement from Intel to reduce its debt coming due in 2012 by up to $1.4 ... more

ITV Names New Chairman

published Wed, Nov 18 2009 02:33 GMT
ITV named former Asda head Archie Norman as its new chairman, ending a lengthy search beset with problems, and enabling the company to now focus ... more
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Growth outlook at 12-year high

published Wed, Nov 18 2009 13:34 GMT
The Bank of England's outlook for medium-term growth is now the strongest of any forecast it has made since it was granted independence in 1997, ... more

Queen fires general election starting gun

published Wed, Nov 18 2009 05:31 GMT
The Queen has signalled the start of a protracted general election campaign by announcing a nakedly political government legislative programme at the state opening of ... more

Archie Norman to be new ITV chairman

published Tue, Nov 17 2009 19:13 GMT
Decision brings to an end an embarrassing seven-month succession process for the UK broadcaster

Govt rules out auctioning rights to tap ECBs

published 2 days ago
Capital inflows have reached record levels as investors borrow cheap from advanced countries and invest in high-yielding assets in developing countries.

No cure in sight for India-EU drug seizure issue

published Mon, Nov 16 2009 01:30 GMT
India and the European Union (EU) have begun discussions to resolve the ongoing dispute over the seizure of Indian generic drugs consignments in transit at ... more

Nano has huge potential, says Tata honcho

published Thu, Nov 12 2009 07:39 GMT
The tiny Nano car made by India's Tata Motors has been described by company director Jamshed J. Irani as having huge potential.

Ireland demands replay in soccer controversy

published 1 day ago
In spite of embarrassment over the nature of the French team's win, the appeal by Brian Cowen, Irish prime minister, for the French government to ... more

Irish industrial harmony faces pay talk test

published 2 days ago
Ireland's reputation for industrial harmony faces its biggest test in more than 20 years this week as government and trade unions struggle to agree a ... more

Merkel holds coalition talks on tax reform

published Tue, Nov 17 2009 20:02 GMT
Germany's centre-right government meets to defuse an internal dispute over its tax reform plans, only three weeks after the new partners agreed their four-year policy ... more

US missile strike kills eight in Pakistan

published 1 day ago
Security and Taliban officials said a suspected US drone aircraft fired two missiles at a militant stronghold near a town in the North Waziristan region, ... more

Panel gives US Govt right to dismantle big financial firms

published 2 days ago
WASHINGTON: A House committee voted Wednesday to give the government the right to dismantle financial firms that are so big, interconnected and leveraged that they ... more

Malaysia warned on longstanding goal

published Wed, Nov 18 2009 10:40 GMT
Malaysia will remain in a 'middle-income trap' and fail in its longstanding goal of joining the developed world by 2020 unless it can add value ... more
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Taiwan firm uses recycled paper in shoemaking

published 1 day ago
Confronted with an ever-growing pile of old newspapers, Taiwanese fashion designer Colin Lin came up with the idea of using them to make shoes and ... more

To lower interest rates, Citi customers must spend

published 1 day ago
For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement. Those who ... more

Customs agents seize 316,000 bongs in LA

published 1 day ago
Customs officials say they got a surprise when they found 316,000 glass bongs disguised as Christmas ornaments at the Los Angeles harbor. U.S. Customs and ... more

Investors Sue Lawyer in Fraud Probe

published 1 day ago
A high-profile attorney under federal investigation for allegedly running a huge fraud scheme has been sued for $100 million by a group of investors.

Bargain Hunting to Boost European Shares

published 1 day ago
European stocks were expected to open higher, with investors looking to snap up some quick bargains following Thursday's selloff.

Treasury Bill Demand Seen Pushing 3-Month Yield Negative

published 2 days ago
Demand for the three-month Treasury bill is ramping up as investors seeking protection toward end of the year stock up on the safest securities. At ... more

Number of employees working past retirement age to double

published Mon, Nov 09 2009 11:36 GMT
Nearly a quarter of UK businesses predict that their staff will be working beyond the national retirement age within the next decade