Entrepreneurial activity is bubbling up around the globe—from Africa to South America—as more governments look for avenues of economic growth.» Read More
NEW YORK, Nov 21- A decision on whether to approve Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities is now in the hands of a New York state judge, after a nine-week court proceeding ended on Thursday.
BOSTON/ NEW YORK, Nov 20- Shareholders of telecom giants AT&T Inc and Verizon Communications Inc are seeking more details related to their sharing of customer information with governments, showing investors starting to push back over the role of communications companies in spying operations.
MIAMI, Nov 20- A JetBlue flight traveling from Fort Myers, Florida to Boston, was diverted to Orlando on Wednesday after an evacuation slide partially opened inside the plane, an airline spokesman said.
Private equity firm Bain Capital has ended advanced talks with auto parts supplier TI Automotive over a possible buyout.
Nov 19- President Barack Obama's HealthCare. gov site is riddled with security flaws that put user data of millions of people at risk and it should be shut down until fixed, several technology experts warned lawmakers on Tuesday.
"There are actual, live vulnerabilities on the site now," David Kennedy, head of computer security consulting firm TrustedSec LLC, said in remarks before testifying on the topic "Is My Data on HealthCare.gov Secure?" Kennedy, Morgan Wright, CEO of Crowd Sourced Investigations and Fred Chang, cybersecurity chair at Southern Methodist University said "yes.
*Home Depot shares rise as housing recovery boosts results. Best Buy swings to a profit, but stock drops on margin concerns. NEW YORK, Nov 19- U.S. stocks edged lower after the Dow briefly broke above a key level for a second day and shares of Best Buy dropped on worries about its margins.
President Barack Obama' s healthcare overhaul has security flaws that put user data at "critical risk" despite recent government assurances it is safe to use, a respected security expert said on Tuesday.
BOSTON, Nov 19- A respected security expert will warn Congress on Tuesday that the Obama administration's healthcare website has security flaws that put user data at a "critical risk," despite recent government assurances the data is safe.
Dallas, Nov 18- Top cardiologists who devised new U.S. guidelines for reducing risk of heart disease strenuously defended their risk-calculation tool from criticism that it greatly overestimates health risks and the need to be treated with cholesterol lowering statin drugs.
Activist hackers linked to the collective known as Anonymous have accessed U.S. government computers in multiple agencies, the FBI warned.
NEW YORK, Nov 15- Global equity markets rose on Friday after President Obama' s choice to lead the Federal Reserve signaled the U.S. central bank's monetary stimulus would stay in place for some time, while the dollar rose to a two-month high against the yen.
BOSTON/ SAN FRANCISCO, Nov 15- Activist hackers linked to the collective known as Anonymous have secretly accessed U.S. government computers in multiple agencies and stolen sensitive information in a campaign that began almost a year ago, the FBI warned this week.
NEW YORK, Nov 15- Global equity markets rose on Friday after President Obama' s choice to lead the Federal Reserve signaled the U.S. central bank's stimulative monetary policy would stay in place for some time, while the dollar rose to a two-month high against the yen.
NEW YORK, Nov 15- Global equity markets rose on Friday after Janet Yellen, President Obama' s choice to lead the Federal Reserve, signaled the U.S. central bank's stimulative monetary policy would remain in place for some time, while the dollar rose to a two-month high against the yen.
*PIMCO trims SPDR Gold Trust for 4 straight quarters. NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund, in the third quarter after slashing its stake by more than half in the second quarter when bullion prices plummeted.
BOSTON, Nov 14- Jonathon Jacobson's Highfields Capital raised its stake in Microsoft sixfold during the third quarter to 31 million shares, a regulatory filing shows. The Boston- based fund firm has been steadily increasing its Microsoft holdings over the last quarters, but this increase was particularly noteworthy because it was so dramatic.
U.S. technology companies may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal takes a toll.
NEW YORK, Nov 14- An expert witness testified on Thursday that Bank of America Corp's proposed $8.5 billion settlement with mortgage bond investors is "not reasonable" and rife with conflicts of interest, as opponents made a final push to derail the deal.
SINGAPORE, Nov 14- U.S. technology companies including Cisco Systems Inc, International Business Machines Corp and Microsoft Corp may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal starts to take a toll.