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Hedge funds rush to sell holdings to return money to worried investors has triggered further price declines and prompted more withdrawals
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Someone is trying to extort money from a company that handles drug prescription benefits for 50 million Americans in what could be one of the more damaging cases of data loss on record. The incident may raise red flags for industry hopes of putting more health care information online in an effort to control costs.
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IRELAND will be forced to pay tens of millions of euro to meet commitments to tackle the amount of carbon dioxide generated by industry, agriculture and the transport sector, the report says.
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Britain's local authorities came under fire today after it emerged that millions of pounds of council taxpayers' money invested in Icelandic banks is at risk.
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SuperPop looks more like a stylish kitchen trash can than a washing machine.
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The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults.
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A man who tried to kill himself by lying in front of a train has been prosecuted for causing chaos to the rail network.
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The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults.
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ORGANISERS of the annual The Namibian Model Pick 'n Pay Cycle Classic have received an overwhelming 1 000 entries already, it was announced yesterday.
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The Pedalite Anklelite is a solar-powered floodlight that can help keep you safe when cycling after dark.(Credit: SmartPlanet) As a child, if I rode my bike after dark, I'd have to rely on my bike's reflectors and, occasionally, a flashlight to keep me visible. However, today's ...
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9 October 2008 -- More than 75% of people suffering from mental disorders in the developing world receive no treatment or care. A new WHO programme launched today, on World Mental Health Day 2008 highlights the huge treatment gap for
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Lars Ulrich, songwriter and drummer for the heavy-metal band Metallica, is selling a Jean-Michel Basquiat painting from his art collection that could set a new auction record for the artist, Christie's said Friday.
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Ukrainian President Viktor Yushchenko has held a meeting with Central Election Commission Chairman Volodymyr Shapoval during which he called on the commission to start work on ensuring the holding of early elections to the Verkhovna Rada set for December 7.
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Larry Dignan outlines the main points of the Entellium fraud. Regardless of the final outcome, there are three glaring questions: How did the CFO and CEO overstate revenues across THREE financial years by a factor of four to five times without someone noticing the obvious problem of accumulated receivables not being extinguished by incoming cash? What level of due diligence was undertaken by Ignition which is said to have invested $19 million? What were the two Ignition appointed board members doing? As the recession bites harder, I expect to see a very different compliance regime. What form that takes is as yet unknown but I guarantee it will have a profound impact on enterprise systems.
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Thanks to allies in Congress, a midlevel worker extracted nearly $350 million for items the Pentagon did not want.
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Golfing world awaits results of further tests on Seve Ballesteros being carried out at Madrid hospital.
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Until they crashed along with everything else the past few days, shares of real estate investment trusts were one of 2008's best hiding places. Now REITs look as vulnerable as other financial investments for the next few weeks, or until the credit panic fades.
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For the first time, Maryland is collecting millions of dollars in corporate income taxes from a company after closing a loophole involving real estate investment trusts, the state's tax collector said today.
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Nobody can accuse Gov. Jon Corzine of not being politically active this election cycle. He's become one of Barack Obama's point men on the economy, campaigning for him in Philadelphia and Florida and just yesterday appearing on NBC's "Meet the Press" as a surrogate. But when it comes to the campaigns of New Jersey Democrats who are engaged in tight federal races, Corzine has largely played a background role, having made only a couple brief campaign appearances with 7th District congressional candidate Linda Stender and none with 3rd District candidate John Adler. Nationally, Obama can use Corzine's image as the economically savvy Goldman Sachs CEO. That idea no longer applies in New Jersey. Throughout the campaign, Corzine has been to Republicans what President Bush has been to Democrats: a public figure to rally the troops against, though to a lesser than Bush. Tonight, Corzine will attend Sen. Hillary Clinton's fundraiser for Stender, but it's not open to the press or gen ...
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DEATH is stalking Zimbabwe's children as a potentially catastrophic famine gathers momentum.
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THE axe may have fallen at Channel 9's sister company, but the network's highest paid star Eddie McGuire remains secure - despite currently pursuing his private business interests overseas.
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Kazakhstan, Astana, 14 October / corr TrendCapital K.Konirova / The state fund of stable development Kazina and state holding Samruk merged into the fund of national welfare Samruk-Kazina, Nursultan Nazarbayev, the Kazakhstan president, said at an enlarged meeting of government.
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ASML Holding NV (ASML) is showing weakness during pre-market trading on Tuesday. At 8:13 am ET the stock is trading at $15.38 down $0.75 from Monday's close.
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Today's rise in inflation will have a knock-on effect for millions of people on state benefits.
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*'Big brother' database plan 'awful' (http://uk.news.yahoo.com/21/20081014/tuk-big-brother-database-plan-awful-6323e80.html)* The Government's...
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Millions of children around the world are to use soap and water to mark the UN's first Global Handwashing Day.
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They said at the press conference.
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Last weekend saw the gathering of more than 1 500 cyclists from all ages, shapes and sizes for the annual Namibian Pick 'n Pay Cycle Classic, organized by the Windhoek Rotary Club and Windhoek Pedal Power.
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ASML Holding NV (ASML) is dropping during pre-market trading on Wednesday following the release of quarterly results. At 8:34 am ET the stock is trading at $13.95 down $0.68 from Tuesday's close.
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Millions of pounds of British aid to poor and war-torn countries has been wasted because of mismanagement and corruption, an official report reveals today.
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"You have to admit you failed," says a Phoenix woman forced to short-sell home.
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UK universities are at risk of losing a total of £77m in failed Icelandic banks or their subsidiaries.
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Five million people who have applied for a credit card or personal loan during the past six months have been rejected by lenders under pressure in the credit crisis.
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State laws on flu shot prescriptions may result in vaccines going to waste.
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