The global financial crisis that started in the later part of 2008 following the collapse of the Wall Street investment bank Lehman Brothers may be over but the cleaning up process is still on, said Chairman of Federal Deposit Insurance Corporation Sheila Bair on Tuesday.
The US had lost communication with nearly 50 intercontinental ballistic nuclear missiles, one-ninth of its arsenal for 45 minutes over the weekend, even as defence officials said that there were no chance of an accidental launch or foul play, a media report said on Wednesday.
'Not only would it be good to prevent coronavirus disease, it probably would decrease instances of influenza dramatically in this country'
The next-generation iPad, which is unofficially termed the 'iPad 2', is expected to be 'thinner and lighter'.
According to the Wall Street Journal, Pakistan will again raise their demand for a deal -- similar to one the US has with India -- during US Secretary of State Hillary Clinton and Pakistan Foreign Minister Shah Mahmood Qureshi's meeting in Washington on October 22.
In the coming week, the United States and Pakistan will hold their third strategic dialogue since March this year and Pakistan is all set to renew its attempt to push for a civilian nuclear deal with Washington.
It is well known that Israel would welcome a diplomatic relationship with Pakistan and feelings of a section of the Pakistani military were likewise.
Media giant AOL, along with some private equity firms, is 'exploring' making an offer to buy Yahoo Inc, as the Internet company deals with poor financial performance and an exodus of senior executives, a media report said.
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
Goldman Sachs is seeking to avoid a fraud charge as part of its settlement with the United States market regulator SEC, which had charged the investment banking major with defrauding investors by misrepresenting facts, a media report said.
Apple is working on less-expensive iPhones, while undertaking an overhaul of applications amid growing competition.
Lehman Brothers Holdings Inc's estate has filed a lawsuit against JPMorgan Chase, alleging that the Wall Street major siphoned billions of dollars just days before the demise of the company.
Berkshire has reduced its stake as various regulatory inquiries and a slowdown in the business of rating lucrative structured bonds has taken a toll.
India's capacity to deal with terror is better today than what it was two years ago. And I can say with confidence our capacity to deal with terror next year would be even better from what it is today, says home minister
Jobs has been taking business meetings at home and on the phone.
In an interview to The Wall Street Journal, Motorola co-chief executive Sanjay Jha said he is willing to look at using Microsoft's operating system if the software company gets it right.
Attributing to people familiar with the matter, The Wall Street Journal said AIG is preparing to pay Kelly several million dollars in severance after she resigned over federal pay curbs.
The new version of the iPad will have a camera on the front of the device for features like video-conferencing, the Wall Street Journal quoted people familiar with the matter as saying.
Lawyers of embattled Goldman Sachs met with representatives of the US market regulator SEC this week, a move seen as an attempt to settle the lawsuit against the banking major, according to reports.
Attributing to people familiar with the matter, The Wall Street Journal reported that HP's board met for nearly three days through September 17 for discussions that included an update on the CEO search.
The conviction of Pakistani national Ajmal Kasab by a Mumbai court in 26/11 terror attack case has been widely carried in the US media on Tuesday, the day on which it was itself grappling with trying to find out who was behind the failed Times Square car bombing.
Pearl, the 38-year-old South Asia bureau chief for The Wall Street Journal, was abducted and beheaded while he was in Pakistan investigating a story on the alleged links between the country's powerful spy agency Inter-Services Intelligence and Al Qaeda.
Indian American Reshma Saujani hopes to become the next United States Congresswoman from New York. It is a difficult race to win the New York primary slated to be held on Tuesday, but she is counting on immigrant power and her Wall Street connections. Aseem Chhabra speaks to the candidate.
Hewlett-Packard Co sued its former chief executive Mark Hurd to block him from joining rival Oracle Corp as a senior executive, alleging the hiring breaches his exit agreement and will lead to a transfer of technology giant's trade secrets to a competitor.
India, Taiwan and countries with large numbers of Tibetans, Uyghurs and overseas Chinese will be prominent among those that witness elevated United Front activity, notes Jayadeva Ranade, the distinguished China expert and retired RAW officer.
Goldman Sachs' director Rajat Gupta tipped off Raj Rajaratnam, an accused in insider trading scam, about a deal between Buffett-led Berkshire Hathaway and the Wall Street giant, before the public announcement.
'Is it too much when senior -- very senior --politicians fear the law so little that they accept payment through cheques, something that can be easily traced?'
The US government is examining the possible role of Goldman Sachs and well-known investment banker Rajat Gupta in the Galleon hedge fund insider trading scam, says a media report.
Joining the debate on the controversy over the proposed mosque near Ground Zero, the father of Wall Street Journal reporter Daniel Pearl, who was beheaded by militants in Pakistan, has said the mosque should not be built there and should be moved to another location.
The US Federal Trade Commission is understood to be preparing for an antitrust challenge against Internet giant Google's proposed purchase of mobile advertising firm AdMob, a media report says.
The US-hosted Nuclear Security Summit, to be attended by leaders of 40 countries including Prime Minister Manmohan Singh, is expected to issue a communique endorsing a global crackdown on illicit trade of nuclear material. A draft communique also calls for securing all vulnerable nuclear materials within 4 four years, The Wall Street Journal reported on Wednesday.
As per the study of CEOs of 200 major US companies, the median compensation fell marginally by 0.9 per cent to $6.95 million in 2009, the Wall Street Journal said, citing an analysis by Hay Group management consultancy.
A few weeks ago, contrary to speculations among the Chinese, Zhao Baige, deputy director of the National Population and Family Planning Commission of China, announced that the country would be continuing with its one-child policy for another five-year term starting 2011.
Time Warner Inc's popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.
Larry Ellison, the top-paid US CEO got a salary of Rs 8,587 crore ($1.84 billion) during the last decade. Check out the other top earners. . .
Internet search engine giant Google is testing a new TV-programming search service with satellite television operator Dish Network Corp, a move that would allow users to find content from television and the web.
The Nifty regained the 6000k mark to end at 6,009, up 48 points.
Attributing to people familiar with the situation, the Wall Street Journal said that some officials at the agency have expressed doubts about the rigour of the report, which was based partly on interviews of Citi executives who were asked to rate the effectiveness of their colleagues.
US will supply sophisticated laser-guided-bomb kits, 12 American-made surveillance drones and 18 late-model F-16 fighters to boost Pakistani forces capability to strike in remote tribal areas, a development which could spark unease in New Delhi.
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