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 MUMBAI (Reuters) - Investors in Satyam Computer Services Ltd's American Depositary Receipts (ADRs) have filed two class action suits against the Indian software services firm, the law firms representing the investors said on Thursday.
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(Reuters) - Bank of America Corp began laying off staff in its investment bank and capital markets group, the New York Post said, citing sources.
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The former Times managing editor will work for the Foreign Relations Committee under its new chairman, Sen. John F. Kerry. Douglas Frantz, a former managing editor of the Los Angeles Times, has been chosen to be chief investigator for the Senate Foreign Relations Committee as it reorganizes under its new chairman, Sen. John F. Kerry (D-Mass.).
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After earlier indicating she might oppose Obama's choice to head the spy agency, the California senator now says she will support him. President-elect Barack Obama on Wednesday secured the support of Sen. Dianne Feinstein (D-Calif.) for his choice to head the CIA, significantly improving the odds that former California congressman Leon E. Panetta will be the next chief of the spy service.
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About 7,000 letters sent to families of soldiers killed in Iraq and Afghanistan had the salutation 'Dear John Doe.' The Army issued a formal apology to the families of soldiers killed in Iraq and Afghanistan after it sent them letters with the salutation "Dear John Doe."
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(Reuters) - Macy's Inc is expected to announce as soon as Thursday it will close 10 locations, the Wall Street Journal reported citing a person familiar with the matter.
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NEW YORK (Reuters) - It took war, the worst financial crisis since the Great Depression and the collapse of some of New York's famed investment banks, but Manhattan apartment prices are finally falling.
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Shares in Lenovo, the Chinese personal computer maker, fell more than 20% after the company issued a profit warning and said it would suffer a "material loss" for the last quarter of 2008 amid slowing demand for computers
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Historic floods in western Washington have pushed thousands to evacuate, caused the closure of a major interstate and threatened to crest every river and stream in the area, according to authorities.
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India's need for protection against threats from Pakistan and others was highlighted by rising tensions between the nuclear-armed neighbours following the Mumbai attacks
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