U.S. stocks were higher Wednesday ahead of the results of the Federal Reserve's policy statement.
Big News Network.com Wed, 16 Dec 2009 14:28:14 -0500

German newspapers have reported that Volkswagen is going to make a full takeover bid for German truck-maker MAN.
Big News Network.com Tue, 15 Dec 2009 22:41:44 -0500

The new Formula One team, Manor GP, will be re-branded as Virgin Racing.
Big News Network.com Tue, 15 Dec 2009 22:39:51 -0500

UBS in Switzerland has announced it will not sue its former bosses after they took too many risks on subprime mortgages.
Big News Network.com Tue, 15 Dec 2009 22:37:04 -0500

Official data in Australia shows the economy grew a lower-than-expected 0.2 percent in the third quarter.
Big News Network.com Tue, 15 Dec 2009 22:33:18 -0500

Dubai’s major property developer, Nakheel, has said it will pay its US$4.1 billion Islamic bond in the next two weeks.
Big News Network.com Tue, 15 Dec 2009 22:30:48 -0500

McDonald's in the US is offering free wireless Internet access at most of its US fast-food outlets.
Big News Network.com Tue, 15 Dec 2009 22:28:08 -0500

Boeing's new Dreamliner has taken flight.
Big News Network.com Tue, 15 Dec 2009 20:22:16 -0500

Malaysia will put a purchase cap on foreign drivers travelling within a 50-kilometre radius of the border.
Big News Network.com Tue, 15 Dec 2009 19:47:18 -0500

The International Air Transport Association has suggested that airlines will face another tough year in 2010.
Big News Network.com Tue, 15 Dec 2009 19:41:43 -0500

British Airways has said it will take legal action to avoid a cabin crew strike set to begin on 22nd December.
Big News Network.com Tue, 15 Dec 2009 19:36:30 -0500

Brussels, Dec 16 (DPA) The European Commission said Wednesday it has resolved its long-running dispute with Microsoft after the US software giant agreed to allow customers a choice of Web browsers.
IANS Wed, 16 Dec 2009 09:00:02 -0500

European Union Commissioner for Competition Neelie Kroes gestures while talking to the media during a press conference at the EU Commission headquarter in Brussels, Wednesday Dec. 16, 2009. The EU Com...
Sign on San Diego Wed, 16 Dec 2009 14:29:09 -0500

BRUSSELS - More than 100 million Europeans will get to pick a Web browser after Microsoft agreed to offer Internet users a choice to avoid fresh fines — a move that could represent a real thawi...
Star Tribune Wed, 16 Dec 2009 14:23:02 -0500

Kaplan Bros., a work- and cold-weather clothing store in Minneapolis born in the economic boom of the 1920s and felled once by fire, is out of business for several weeks after a water pipe break sever...
Star Tribune Wed, 16 Dec 2009 14:22:59 -0500

WHITEHOUSE STATION, N.J. - Drugmaker Merck & Co. said Wednesday it named Michael Rosenblatt, Dean of Tufts University School of Medicine, as its chief medical officer.Rosenblatt will also serve as ex...
Star Tribune Wed, 16 Dec 2009 14:22:57 -0500

NEW YORK - Shares of Ceragon Networks Ltd. slipped Wednesday after Wedbush Securities cut the company's rating, saying investors have largely priced in the company's growth potential. The Israeli co...
Star Tribune Wed, 16 Dec 2009 14:22:55 -0500

Posted on: Wednesday, 16 December 2009, 12:15 CST European Union regulators ended a decade-long anti-trust dispute with computer giant Microsoft after reaching a deal that would open up new PCs to ...
RedOrbit Wed, 16 Dec 2009 14:21:36 -0500

At a time when our country is sending more troops to Afghanistan, a book by a decorated fighter pilot hits both the New York Times and Wall Street Journal bestseller lists and strikes a nerve by apply...
PR Web Wed, 16 Dec 2009 14:21:04 -0500

SAN FRANCISCO (MarketWatch) -- Rallying gold and copper miners led broad gains in Canadian stocks Wednesday as investors drove up metals prices on bets the U.S. Federal Reserve would back a commitment...
MarketWatch Wed, 16 Dec 2009 14:16:53 -0500

Citigroup into whose stock it pledged to pump $7.5bn (£4.6bn) at a pre-arranged level 10 times higher than the Wall Street institution's present share price.In a claim filed with arbitrators in New Y...
Guardian Wed, 16 Dec 2009 14:13:21 -0500

O'Brien, centre, Archbishop Runcie, left, and Bishop David Sheppard at the launch of Faith in the City in 1985 Photograph: Roger Hutchings Sir Richard O'Brien, who has died aged 89, was a remarkable...
Guardian Wed, 16 Dec 2009 14:13:19 -0500

For Gordon Brown, Santa arrived early today. At the end of a year in which output has fallen more sharply than at any time since 1921, there was the first drop in claimant-count unemployment since ear...
Guardian Wed, 16 Dec 2009 14:13:17 -0500

By STEPHEN OHLEMACHERASSOCIATED PRESS WRITER WASHINGTON -- Citigroup and other banks starting to repay the billions of dollars they borrowed from the government are getting another boost as they ex...
Seattle Post-Intelligencer Wed, 16 Dec 2009 14:02:58 -0500

By ALAN FRAMASSOCIATED PRESS WRITER WASHINGTON -- The number of households with cell phones but no landlines continues to grow, but the recession doesn't seem to be forcing poor cellular users to a...
Seattle Post-Intelligencer Wed, 16 Dec 2009 14:02:57 -0500

US stocks rose in morning trade overnight after favourable data on US inflation and housing starts boosted sentiment, and traders awaited a Federal Reserve monetary policy statement.
The Daily Telegraph Wed, 16 Dec 2009 13:50:35 -0500

US stocks rose in morning trade overnight after favourable data on US inflation and housing starts boosted sentiment, and traders awaited a Federal Reserve monetary policy statement.
News.com.au Wed, 16 Dec 2009 13:50:30 -0500

NEW YORK (MarketWatch) -- Honeywell International Inc. said Wednesday it expected adjusted profit growth next year, helped by improving margins and a push by commercial property owners to drive down t...
Market Watch Wed, 16 Dec 2009 13:49:55 -0500

SAN FRANCISCO -- Bank of America Corp. said Wednesday that Vice Chairman William McDonough will retire on Dec. 31. McDonough, a former president of the Federal Reserve Bank of New York and vice chair...
Fox Business Wed, 16 Dec 2009 13:48:56 -0500

BOSTON -- Facet Biotech Corp. shares were on the downswing Wednesday after it announced it is allowing The Baupost Group to increase its equity stake in the company. As of Dec. 16, Baupost held a 14%...
Fox Business Wed, 16 Dec 2009 13:48:55 -0500

SAN FRANCISCO -- Standard & Poor's said Wednesday that it raised its outlook for Sherwin-Williams Co. to positive from stable because of the paint company's strong business profile. S&P has an A- cor...
Fox Business Wed, 16 Dec 2009 13:48:53 -0500

LONDON -- Standard & Poor's lowered the ratings on Greece to BBB+ from A-, and kept Greece's rating on CreditWatch negative. "The downgrade reflects our opinion that the measures the Greek authoritie...
Fox Business Wed, 16 Dec 2009 13:48:50 -0500

BGP ) has jumped into the digital-book market, teaming up with Kobo Inc. to offer e-books for mobile devices by the second quarter of next year. The bookseller, which is attempting to keep up with r...
Fox Business Wed, 16 Dec 2009 13:48:46 -0500

Bank of Canada governor Mark Carney said Wednesday the country "must be vigilant" in ensuring the risks posed by rising levels of household debt are contained, adding the central bank stands ready to ...
Financial Post Wed, 16 Dec 2009 13:47:32 -0500

Federal Reserve chairman Ben S. Bernanke and his colleagues may indicate the U.S. recovery is gaining strength while repeating a pledge to keep the benchmark interest rate almost at zero for an "exten...
Financial Post Wed, 16 Dec 2009 13:47:30 -0500

Startup cellphone carrier WIND Mobile says it will sell handsets at "cost" and offer customers pricing plans with unlimited voice and data services for far less money than rival incumbents. ...
Financial Post Wed, 16 Dec 2009 13:47:29 -0500

It's that time of the year again, when everyone starts looking back and ranking the top everything of 2009.Twitter is no different, and yesterday the social networking phenom published its list of...
Financial Post Wed, 16 Dec 2009 13:47:26 -0500

Richard Homburg. Homburg Invest Inc. says it is creating a new Canadian real estate investment trust that will have assets worth about $1-billion.
Financial Post Wed, 16 Dec 2009 13:47:23 -0500

The U.S. Federal Trade Commission on Wednesday sued Intel Corp., accusing the world's leading computer chipmaker of illegally using its dominant market position for a decade "to stifle competition and...
Financial Post Wed, 16 Dec 2009 13:47:22 -0500

Markets opened higher Wednesday as gold and oil rebounded after recent losses. The Toronto Stocks Exchange's benchmark index, the S&P/TSX composite, gained 86.13 points, or 0.75%, to 11,627.1...
Financial Post Wed, 16 Dec 2009 13:47:19 -0500

Crescent Point Energy Corp. said Wednesday it has reached a deal with Penn West Energy Trust that will boosts Crescent Point's presence in the increasingly attractive Lower Shaunavon play in southwest...
Financial Post Wed, 16 Dec 2009 13:47:17 -0500

It looks like nearsightedness is on the rise in the United States. Researchers tapped into a wide-ranging health survey to rate vision in the population in the early 1970s and roughly 30 years later....
Wired News Wed, 16 Dec 2009 13:41:37 -0500

US stocks rose in morning trade overnight after favourable data on US inflation and housing starts boosted sentiment, and traders awaited a Federal Reserve monetary policy statement.
The Australian Wed, 16 Dec 2009 13:39:15 -0500

(Zawya Dow Jones)--Abu Dhabi Investment Authority, the Middle East's largest sovereign wealth fund, is demanding that Citigroup Inc. scrap a deal that would see the fund make a heavy loss on a...
Morning Star Wed, 16 Dec 2009 13:18:54 -0500

Dress Barn, Inc. (NASDAQ - DBRN) today announced, during its Investor Day held at the Grand Hyatt in New York City, increased earnings guidance for its fiscal year ending July 31, 2010.
CNBC Wed, 16 Dec 2009 13:18:31 -0500

MonkeyMedia Software, a leading provider of web-based enterprise solutions for food manufacturers, caterers, and restaurants, today announced the company’s year-end results for 2009, noting strong...
CNBC Wed, 16 Dec 2009 13:18:30 -0500

Airport baggage handlers and check-in staff at Heathrow and Aberdeen airports are set to hold a series of 48-hour strikes in a row over pay.The Unite union said members working for SAS Ground Services...
BBC Wed, 16 Dec 2009 13:18:04 -0500

BANGOR, Maine - Maine's only casino has withdrawn its request to offer up a new type of slot machine for its customers. Hollywood Slots in Bangor had asked Maine's Gambling Control Board for approva...
Star Tribune Wed, 16 Dec 2009 13:00:20 -0500

NEW YORK - Shares of industrial equipment maker Roper Industries Inc. rose Wednesday after Standard & Poor's said it will add the company to the S&P 500 index next week.Roper shares were up $1.74, or...
Star Tribune Wed, 16 Dec 2009 13:00:19 -0500

RICHMOND, Va. - Altria Group Inc., which sells Marlboro cigarettes and Black & Mild cigars, said Wednesday its board declared a regular quarterly dividend of 34 cents.The dividend is payable on Jan. ...
Star Tribune Wed, 16 Dec 2009 13:00:18 -0500

SAN JOSE, Calif., Dec. 16 /PRNewswire-FirstCall/ -- Sanmina-SCI Corporation (Nasdaq: SANM) announced today that it will host its fiscal 2010 first quarter earnings conference call on Tuesday, January ...
RedOrbit Wed, 16 Dec 2009 12:58:48 -0500

NEW YORK (MarketWatch) -- The U.S. stock market's ascent has slowed in recent weeks as investors brace for the inevitable tightening moves once the Federal Reserve begins to pull stimulus from the eco...
MarketWatch Wed, 16 Dec 2009 12:54:19 -0500

NEW YORK (MarketWatch) - Energy stocks rose early Wednesday on a set of surprisingly bullish weekly U.S. oil supply numbers and ahead of an announcement on interest rates from the Federal Open Market ...
MarketWatch Wed, 16 Dec 2009 12:54:18 -0500

Video grab of Tory MP Michael Fallon of the Treasury select committee questioning Northern Rock executives in 2007. Photograph: PA Conservative MP Michael Fallon has stood down as chairman of the r...
Guardian Wed, 16 Dec 2009 12:50:46 -0500

Bank halves future funding of Lloyds TSB foundations for England and Wales, Northern Ireland and the Channel Islands – but Scottish foundation refuses to accept new package...
Guardian Wed, 16 Dec 2009 12:50:44 -0500

Vivian White , was talking about "the competition … But it's an odd form of competition … TNT and the others bring their trucks to Gatwick, and the Royal Mail does the final sorting and delivering...
Guardian Wed, 16 Dec 2009 12:50:42 -0500

Time magazine , seeing off competition from the top US general in Afghanistan, the first female speaker in Congress, and China's vast mass of grassroots workers.The chairman of the US Federal Reserve,...
Guardian Wed, 16 Dec 2009 12:50:39 -0500

Intel , amid fresh accusations that the computer chip maker deliberately stifled competition.The announcement by the Federal Trade Commission, which oversees the enforcement of competition law in the ...
Guardian Wed, 16 Dec 2009 12:50:38 -0500

British Airways' proposed 12-day strike has prompted a huge reaction from readers, from anger at missed family reunions to support for the strike...
Guardian Wed, 16 Dec 2009 12:50:36 -0500

The Rentokil stock price is down by 13% since its third quarter results on November 5, underperforming the market by 15% and culminating in the company dropping out of the FTSE 100 index.Whilst there ...
Guardian Wed, 16 Dec 2009 12:50:33 -0500

Wondering how fair it is if the logos for the competing browser are all the same sizes under the Microsoft/EC ruling? We've drawn up the proportion by market share...
Guardian Wed, 16 Dec 2009 12:50:31 -0500

Russell Investments of Tacoma, 42 percent of those surveyed said they expect markets to increase by 10 percent or more by December 2010. Last year at this time, a similar poll revealed that 50 percent...
Business Journal Wed, 16 Dec 2009 12:44:50 -0500

Pinewood Shepperton has signed an agreement to develop and run a $120m studio in partnership with the Malaysian government. The deal means that Pinewood will run the technical operations and help wit...
Sky News Wed, 16 Dec 2009 12:33:05 -0500

NEW YORK -- The Energy Information Administration said Wednesday Exxon Mobil Corp. will emerge as the largest producer of natural gas in the U.S. after its expected acquisition of XTO Energy closes i...
Fox Business Wed, 16 Dec 2009 12:25:30 -0500

WASHINGTON -- Some money managers will face surprise audits to make sure they aren't following in Bernard Madoff's footsteps, based on a proposal approved by the Securities and Exchange Commission on...
Fox Business Wed, 16 Dec 2009 12:25:28 -0500

NEW YORK -- Shares of Team Health Holdings Inc. were up 7.3% at $12.88 in the hospital-staffing and administrative-support company's debut Wednesday on the New York Stock Exchange. Team Health offere...
Fox Business Wed, 16 Dec 2009 12:25:27 -0500

NEW YORK -- The mutual-fund industry is unhappy with elements of the financial reform bill passed by the House of Representatives last week, claiming that the proposals would go too far in their reac...
Fox Business Wed, 16 Dec 2009 12:25:25 -0500

LONDON -- U.K. Chancellor Alistair Darling told lawmakers on Wednesday that the bank bonus tax won't be continued past April. Darling has previously said that the controversial tax, which affects all...
Fox Business Wed, 16 Dec 2009 12:25:23 -0500

European online gambling company Mangas Gaming inked a deal worth at least $100 million Wednesday to acquire 60% of the online-gambling software unit of GigaMedia (...
Fox Business Wed, 16 Dec 2009 12:25:21 -0500

NUE ) said it expects to be barely profitable in the fourth quarter, citing weakness in several of its downstream products. Nucor said it expects to be breakeven to slightly positive in the fourth q...
Fox Business Wed, 16 Dec 2009 12:25:18 -0500

SAN FRANCISCO - Shares of Nvidia Corp. and Advanced Micro Devices jumped Wednesday on news that the Federal Trade Commission has sued Intel Corp. for alleged anticompetitive practices. Nvidia was up ...
Fox Business Wed, 16 Dec 2009 12:25:16 -0500

WASHINGTON (Reuters) - New home construction rose less than expected last month, while consumer prices increased marginally, suggesting little urgency for the Federal Reserve to raise interest rates s...
Reuters Wed, 16 Dec 2009 12:24:18 -0500

WASHINGTON (Reuters) - U.S. companies will have to disclose their compensation practices and board members' qualifications under rules adopted by the Securities and Exchange Commission on Wednesday.
Reuters Wed, 16 Dec 2009 12:24:18 -0500

NEW YORK (Reuters) - Prudential Financial, the second-largest U.S. life insurer, said on Wednesday it expected the sale of its minority stake in Wachovia Securities to produce a $1.5 billion after-tax...
Reuters Wed, 16 Dec 2009 12:24:16 -0500

Richard Homburg. Homburg Invest Inc. says it is creating a new Canadian real estate investment trust that will have assets worth about $1-billion.
Financial Post Wed, 16 Dec 2009 12:23:56 -0500

Kobo . On Wednesday morning, The Afterword spoke with Michael Serbinis, CEO of Kobo, about the announcement, the end of Shortcovers, and the rumours of a Kobo e-reader (and yes, he confirmed to us tha...
Financial Post Wed, 16 Dec 2009 12:23:55 -0500

Markets opened higher Wednesday as gold and oil rebounded after recent losses. The Toronto Stocks Exchange's benchmark index, the S&P/TSX composite, gained 86.13 points, or 0.75%, to 11,627.1...
Financial Post Wed, 16 Dec 2009 12:23:28 -0500

WASHINGTON -- New home construction rose less than expected last month, while consumer prices increased marginally, suggesting little urgency for the Federal Reserve to raise interest rates sooner as ...
Financial Post Wed, 16 Dec 2009 12:23:26 -0500

OTTAWA -- Factory sales rose more than expected in October, lifted by aerospace and petroleum and coal products, Statistics Canada reported Wednesday. Sales were up 2% during the month to $42.5-b...
Financial Post Wed, 16 Dec 2009 12:23:25 -0500

OTTAWA -- Fewer Canadians planned and saved for retirement in 2009 as economic uncertainty shifted financial priorities in some Canadian households, according to the RBC's annual RRSP poll released We...
Financial Post Wed, 16 Dec 2009 12:23:23 -0500

(CBS) When it comes to celebrating the holidays, images of Las Vegas don't exactly come to mind. But this season, Sin City is hoping to boost its fortunes with the opening of the new City Center -- an...
CBS News Wed, 16 Dec 2009 12:21:25 -0500

Putting Economic Trouble Behind Us After a bipartisan meeting with Congressional leaders, President Obama stressed the importance rebuilding the U.S. economy and putting our nation's economic woes beh...
CBS News Wed, 16 Dec 2009 12:21:25 -0500

Microsoft has finally dotted the i's and crossed the t's on its web browser settlement with the EU Competition Commission. Starting in March, users of Windows who have set IE as their default browser ...
Ars Technica Wed, 16 Dec 2009 12:17:59 -0500

RICHMOND, Va. -- Car dealership chain CarMax Inc. is scheduled to report earnings for its fiscal third quarter on Friday. The following is a summary of key developments and analyst opinion related to ...
Lexington Herald-Leader Wed, 16 Dec 2009 12:07:26 -0500

LONDON, Dec 16 (Reuters) - UK bank Lloyds said it does not expect to make any further payment to U.S. authorities in regard to charges that it faked records so clients from restricted countries includ...
Iran Focus Wed, 16 Dec 2009 12:06:16 -0500

(AXcess News) Baltimore, MD - The Internal Revenue Service is suspending tax rules for Citigroup and other TARP recipients to permit those companies to more rapidly pay back the Treasury what they owe...
Axcess News Wed, 16 Dec 2009 11:57:56 -0500

Honeywell International Inc. (HON) said earnings per share will fall sharply next year on non-cash pension accounting, although the company expects modest gains in sales and operating earnings per s...
Morning Star Wed, 16 Dec 2009 11:53:53 -0500

, which have announced that they have reached a comprehensive settlement resolving their disputes under European competition law. As we understand it, the settlement is based on measures to enhance...
Morning Star Wed, 16 Dec 2009 11:53:53 -0500

, which have announced that they have reached a comprehensive settlement resolving their disputes under European competition law. As we understand it, the settlement is based on measures to enhance...
Morning Star Wed, 16 Dec 2009 11:53:50 -0500

SEATTLE, Dec. 16 /PRNewswire-FirstCall/ -- L&L International Holdings, Inc. (OTC Bulletin Board: LLFH) ("L&L"), a U.S. company operating coal businesses in China, announced financial results f...
CNBC Wed, 16 Dec 2009 11:53:15 -0500

EONC (the "Company"), a leading provider of telecommunications solutions, today reported first quarter fiscal results for the period ended October 31, 2009. First quarter revenue increased 154% to $4,...
CNBC Wed, 16 Dec 2009 11:53:12 -0500

Intel, the world's biggest maker of computer chips, is being sued by a US competition authority.The Federal Trade Commission (FTC) has accused the company of using its market dominance to squash compe...
BBC Wed, 16 Dec 2009 11:52:44 -0500

MSFT ) on Wednesday after the software giant agreed to offer consumers a choice of up to eleven Web browsers from rivals, including Apple Inc. (...
Quote.com Wed, 16 Dec 2009 11:51:53 -0500

(RTTNews) - While buying interest has waned from earlier in the session, stocks are seeing continued strength in late morning trading on Wednesday. The major averages are hovering firmly in positive ...
Quote.com Wed, 16 Dec 2009 11:51:48 -0500

WASHINGTON - History may be calling but time's running out to act by Christmas, so Senate Democrats are coming to terms with the idea they won't get everything they want from health care overhaul. F...
Star Tribune Wed, 16 Dec 2009 11:07:31 -0500

DEERFIELD, Ill. - Drugstore operator Walgreen Co. said Wednesday it is offering swine flu vaccinations in 27 states and the District of Columbia. The company said it plans to have the swine flu vacc...
Star Tribune Wed, 16 Dec 2009 11:07:28 -0500

Brussels, Dec 16 : The European Commission said Wednesday it has resolved its long-running dispute with Microsoft after the US software giant agreed to allow customers a choice of Web browsers.
New Kerala Wed, 16 Dec 2009 11:03:43 -0500