Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.

US President Barack Obama said he would not raise the country's debt ceiling nor would he negotiate with congressional Republicans to give in their attempt to decrease funding for Obama's healthcare law.

The new gun safety policy announced by Starbucks had pleased many loyal customers and gun safety advocates.

The US and Brazil ties were foiled again after Brazil President Dilma Reousseff retaliated over reports that the US National Security Agency had spied on her top aides along with her private communications.

The US Federal Reserve surprised markets last Wednesday after it announced that it would continue its monthly bond buying at USD85 billion for now.

A waging battle on budget between Democrats and Republics was held last October 1 that was seen to threaten a government shutdown.

The US Federal Reserve might be more comfortable in implementing its stimulus reduction as increasing rents and healthcare costs had shown some stability in underlying inflation.

Populist movement Occupy Wall Street had marked its second anniversary through a planned march the United Nations office and a protest near the New York Stock Exchange.

The poverty rate of Americans rose to 46.5 million from last year shown in the stock market, according to a US Census Bureau data.

With a net operating loss between USD950 million and USD995 million, BlackBerry is feared to be nearing its closure.