VIDEO: Markets jumpy over Spain bail out fears

VIDEO: Markets jumpy over Spain bail out fears


VIDEO: Markets jumpy over Spain bail out fears

Posted: 23 Jul 2012 10:30 PM PDT

Fears grow that Spain will need a bail out after its borrowing costs reach 7.5%.


Hong Kong survives Typhoon Vicente

Posted: 23 Jul 2012 10:38 PM PDT

Stock market and offices due to reopen after gale-force winds and heavy rain lashed former British colony overnight.


China's Hu calls for party unity as succession looms

Posted: 23 Jul 2012 09:56 PM PDT

China's President Hu waves upon arrival for a group photo session of the FOCAC in BeijingBEIJING (Reuters) - Chinese President Hu Jintao has called for unity in the ruling Communist Party and unflinching backing for economic reforms in the face of "unprecedented challenges", as Beijing struggles with a scandal-hit leadership transition and economic slowdown. Hu's speech to dozens of top officials dominated the front pages of China's major state-run newspapers on Tuesday, a sign of its importance in setting the themes for a party congress late this year that will install a new generation of leaders. ...



'The Dark Knight Rises' Tops $88 Million Overseas, $248 Million Worldwide

Posted: 23 Jul 2012 06:41 PM PDT

After a domestic opening weekend that ranks third-best in history and the largest non-3D opening weekend of all time, The Dark Knight Rises had a strong showing as well, taking more than $88 million in foreign markets. The final Batman film in Christopher Nolan's trilogy stands at $248 million in world [...]


Top 10 List: The Greatest Living Business Leaders Today

Posted: 23 Jul 2012 06:28 PM PDT

With the passing of my dear friend Stephen R. Covey, I have been taking some time to consider many of the greatest business leaders who are wielding strong influence on the business world we live in today. So without further ado, I'd like to present my personal top 10 list of [...]


Majority of Companies Expanding Cloud Computing Skills: Survey

Posted: 23 Jul 2012 06:24 PM PDT

Expect to see new categories of jobs arising from cloud computing, as well as new breeds of IT vendors. The rise of cloud computing in firms of all shapes and sizes means faster and broader access to computing resources. But it also means changes in job descriptions, and a need for [...]


U.S. commander accused of stalling Afghan hospital abuse probe

Posted: 23 Jul 2012 10:08 PM PDT

WASHINGTON (Reuters) - A top U.S. general in Afghanistan sought to stall an investigation into waste, abuse and mismanagement at a U.S.-funded hospital in Kabul for political reasons, a former U.S. military official will tell Congress on Tuesday.


China's Hu calls for party unity as succession looms

Posted: 23 Jul 2012 09:56 PM PDT

BEIJING (Reuters) - Chinese President Hu Jintao has called for unity in the ruling Communist Party and unflinching backing for economic reforms in the face of "unprecedented challenges", as Beijing struggles with a scandal-hit leadership transition and economic slowdown.


Frenchman in Bo Xilai case in "good shape": embassy

Posted: 23 Jul 2012 09:44 PM PDT

A general view of the home of French architect Patrick Henri Devillers is pictured in Phnom PenhBEIJING (Reuters) - A Frenchman at the heart of China's biggest political scandal in two decades has met French diplomats in Beijing and is "in good shape", a spokesman for the French embassy said on Tuesday. Patrick Henri Devillers, 52, flew from Cambodia, where he had been living for several years, last week to China, where he is wanted as a witness in the case, the latest twist in a high-profile case already shrouded in mystery. ...



Frenchman in Bo Xilai case in "good shape": embassy

Posted: 23 Jul 2012 09:44 PM PDT

BEIJING (Reuters) - A Frenchman at the heart of China's biggest political scandal in two decades has met French diplomats in Beijing and is "in good shape", a spokesman for the French embassy said on Tuesday.


VIDEO: Four killed in Spain wildfires

Posted: 23 Jul 2012 08:44 PM PDT

Hundreds of firefighters from Spain and France are struggling to contain a wildfire which has destroyed thousands of hectares of land on both sides of the border.


'The Dark Knight Rises' - A Comic Book Movie First, Meditation On Power Second

Posted: 23 Jul 2012 05:21 PM PDT

Despite its brooding meditation on power and class disparity, The Dark Knight Rises is a comic book film first and foremost. That's a good thing.


Fight over ex-Gitmo detainee's book profits ends

Posted: 23 Jul 2012 11:03 PM PDT

FILE - In this Dec. 29, 2007 file photo, a former Guantanamo Bay detainee David Hicks walks out of the Yatala high security prison in the southern city of Adelaide, Australia. The Australian government on Tuesday, July 24, 2012 dropped its court battle to seize profits from a book written by Hicks, saying his admissions of terrorist activity before a U.S. military commission could not be relied upon. (AP Photo/Rob Hutchison, File)The Australian government on Tuesday dropped its court battle to seize profits from a book written by a former Guantanamo Bay detainee, saying his admissions of terrorist activity before a U.S. military commission could not be relied upon.



HIdden Truths About Reverse Mortgages

Posted: 23 Jul 2012 04:50 PM PDT

Are unsuitable reverse mortgages to seniors a form of financial elder abuse? Some experts think so. Learn what they had to say in my report from the San Francisco Seventh Annual Conference on Elder Abuse. The dangers of reverse mortgage products are hidden and difficult to understand. Here they are. Consider reverse mortgages an option of last resort.


10 Big Cities Where Buying A Home Is Cheaper Than Renting

Posted: 23 Jul 2012 04:50 PM PDT


Bank of America Tackles Women's Leadership in the Developing World

Posted: 23 Jul 2012 04:34 PM PDT

Candace Browning Earlier this year, Vital Voices Global Partnership and Bank of America launched the Global Ambassadors Program, a multiyear effort to mobilize distinguished professionals to serve as mentors to emerging women leaders in developing countries such as Haiti, India, South Africa, and Brazil. Through the program, emerging leaders are paired [...]


How Do Blue States Expand Medicaid? By Paying Doctors Less

Posted: 23 Jul 2012 04:24 PM PDT

The biggest health-policy debate in America right now is whether or not states should opt in to Obamacare's dramatic expansion of Medicaid, our government-run health care program for the poor. Governors from both parties are concerned that the costs of the expansion will be higher than projected, and that the federal government will back out of its funding commitments. But if you want to see the future of Medicaid, all you have to do is look at the blue states where progressives hold sway, where governments have expanded Medicaid by paying doctors less.


Where Is Everyone? Biotech's Dwindling Number of Venture Firms

Posted: 23 Jul 2012 04:15 PM PDT

The past few weeks have been full of bad news about biotech venture: the numbers were abysmal as venture investments into biotech during the first half of 2012 were off some 40% from last year.  This drop can't be a good thing for the ecosystem. However, although concerning, it's not the reduced capital [...]


VIDEO: Organising Olympic luggage

Posted: 23 Jul 2012 07:58 PM PDT

Transporting the luggage and kit needed for London 2012 is a huge logistics operation, as Jon Brain reports.


Question after floods: Did China build too fast?

Posted: 23 Jul 2012 06:57 PM PDT

Chinese people walk past a flood damaged vehicle sitting on the bricks at a village in Fangshan district of Beijing, China Monday, July 23, 2012. As China's flood-ravaged capital dealt with the aftermath of the heaviest rain in six decades Monday, including the deaths of 37 people, questions were being raised about whether the city's push for modernization came at the expense of basic infrastructure such as drainage networks. (AP Photo/Andy Wong)Recent heavy rains across much of China have left nearly 100 people dead, state media said Tuesday. More than a third of the fatalities were in the flood-ravaged capital, where some residents questioned whether the city's rapid push for modernization came at the expense of basic infrastructure such as drainage networks.