A state judge asked for the withdrawal of Detroit's Chapter 9 bankruptcy protection appeal. The city of Detroit's request for Chapter 9 bankruptcy protection was asked by a judge in Michigan to be withdrawn.
North America
RIL to invest a further US$5 billion in US-based shale gas business
RIL announced that it is to invest a further US$5 billion in US-based shale gas business. Reliance Industries Ltd. revealed that it is going to invest more than US$5 billion over the next three years in its US-based shale gas enterprise.
BAIC Group to buy certain intellectual assets from California-based Fisker
BAIC Group stated that it is planning to buy assets from Fisker Automotive Inc. to enhance its own electric vehicle development.
Minnesota firms want governor to lead setup of fund for small businesses
Minnesota firms urged Gov. Mark Dayton's administration to support an idea for a fund that will support smaller Minnesota businesses.
Currency options allow flexibility unlike stop loss
While the regular safety net is a stop loss, now currency options provide more flexibility. When trading foreign currency without the use of a safety measure, an example of which is a stop loss mechanism, is considered as financial suicide.
Latest News
Dell Inc.'s stocks fell at US $12.88 on Wednesday, the lowest since July 5.
Dell Inc. stocks dropped to the lowest level on Wednesday since July 5.
The show the Big Bang Theory broke out all the stops, having Stephen Hawking introduce the show as it held a Q&A in this year's Comic Con.
According to a report, the National Research Council concluded that subsidies towards greenhouse gases reduction had little to no effect.
"R.I.P.D" is the latest movie to suffer terrible ticket sales in the box office, reports said.
A Samsung-FBI deal was coming to an emminent close, said sources. Samsung neared the closing of a deal with the US Federal Bureau of Investigation (FBI).
Police started the investigation against Kanye West's alleged battery of a camera man. "You're trying to get me in trouble, so I'll have to pay you, like, $250,000," said rapper Kanye West to a camera man before lunging at him outside the Los Angeles Airport last July 12.
US federal prosecutors revive a 30 year old law to prosecute Wall Street banks that sold toxic loans in 2008.
SEC's persistence to pursue the case against Fabrice Tourre, Goldman Sachs' junior salesman, may backfire.
In a radio interview, actress Rae Dawn Chong called the self-made multimillionaire Oprah Winfrey "a total b----."
