Presidential contender Herman Cain is in the process of reviewing whether to stay in the race for the White House, according to a report by National Review Online. NRO is reporting that Cain told his senior staff on a conference call this morning that he is “reassessing” … “over the next several days.”The report comes [...]
By HAKIM ALMASMARI
SANA’A, Yemen—One civilian was killed by government forces on the outskirts of the capital, while hundreds of thousands of youths demonstrated in cities across the country Saturday in opposition to an agreement last week that grants President Ali Abdullah Saleh immunity from prosecution in return for leaving office.
“Martyrs wrote with [...]
Deutsche Telekom, the parent of T-Mobile, and AT&T said in a joint statement that they still intended to pursue the $39 billion merger and would prepare for a federal antitrust lawsuit that is seeking to block the deal. But the companies also said that AT&T planned to take a $4 billion charge against [...]
Nov. 24 (Bloomberg) — Stocks fell, Italian bonds declined and the cost of insuring European government debt against default rose to a record after German Chancellor Angela Merkel ruled out joint euro-area borrowing.
The MSCI All-Country World Index retreated 0.3 percent at 2:21 p.m. in New York. The yield on Italy’s 10-year bonds climbed above 7.1 [...]
Oil climbed from the lowest price in two weeks after a surprise drop in U.S. stockpiles, and as an unexpected advance in German business confidence countered concern that Europe’s debt crisis will trigger a recession.
New York futures gained as much as 1.1 percent. Crude inventories declined last week to the [...]
By SARAH KENT
LONDON—The sharp price swings seen in the oil market this year are likely here to stay, as the market remains torn between a weakening global economy and heightening risks to an already tight oil supply.
The push and pull of these two competing themes is expected to keep oil prices volatile [...]
By CHRISTOPHER LAWTON And ARILD MOEN
HELSINKI—Network-equipment vendor Nokia Siemens Networks said it would cut nearly a quarter of its staff and restructure its business in a last-ditch effort to reach profitability and position itself for independence.
David Goldman for The New York TimesJon S. Corzine on the trading floor of MF Global last year.
6:35 a.m. | Updated
The amount of customer money missing from the collapsed trading firm MF Global may be more than $1.2 billion — double previous estimates — the trustee dismantling the firm’s brokerage unit said on Monday.
The Virgin tycoon, who writes overleaf, is calling for a three-point blueprint for growth to create more jobs – particularly for the young – and fund new businesses. His wish list includes making it easier for companies to employ workers on a part-time and flexible basis, cutting the time spent at university in half and [...]
Amazon’s Kindle Phone is reportedly being made in Taipei for somewhere between $150 and $170, according to Citigroup’s Mark Mahaney. Is this prudent?