Tuesday, 1 November 2011

Mona Lisa Will Look Great Hanging on China’s Wall: William Pesek

Nov. 2 (Bloomberg) -- Oh, to be a fly on the wall to hear what Chinese officials want in return for saving the euro. Yes, President Nicolas Sarkozy, we will take France’s Arc de Triomphe and the Louvre as collateral. The Mona Lisa will look grand hanging in Beijing. Toss in the Champs-Elysees and ...


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Summit seeks confidence-building measures

ISTANBUL, Turkey, Nov. 2 (UPI) -- Leaders of Afghanistan and Pakistan, meeting in Istanbul, Turkey, agreed to pursue confidence-building measures to resolve their current bilateral tensions. The agreement reached between President Hamid Karzai, his Pakistani counterpart Asif Ali Zardari, and other ...


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No. 24 Cal easily beats UC San Diego in exhibition

BERKELEY, Calif. -- Allen Crabbe scored 12 points in the second half and No. 24 California overcame a sluggish start to beat UC San Diego 88-53 in an exhibition game on Tuesday night. Crabbe, the Pac-12's freshman of the year last season, missed three of his first four shots and had only two points ...


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Bank of America scuttles plans to charge monthly fee for using debit cards

Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for debit-card purchases after outraged customers threatened an exodus. The about-face comes after customers across the country petitioned the bank and mobilized to close their accounts in favor of credit unions and community ...


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Harrassment claims could shuffle US race again - AP

Businessman Herman Cain sought Tuesday to limit the damage to his candidacy from sexual harassment allegations that could cost the former restaurant lobbyist his surprising place among the top tier of Republican presidential candidates and, once again, shuffle the race for the party's nomination to ...


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Starbucks cranks up its own jobs plan

Starbucks CEO Howard Schultz wants U.S. companies to hire again. Beginning Tuesday, thousands of Starbucks locations across the country began encouraging customers to contribute toward small-business lending that Schultz believes will lead to job growth. Meanwhile, his company has picked up hiring ...


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Asia stocks down as Greek vote plan rocks markets

BANGKOK (AP) -- Asian stocks slumped for a third day Wednesday, as fears intensified that Greece might reject an austerity plan and default on its massive debts. Japan's Nikkei 225 index tumbled 1.8 percent to 8,680.68. Hong Kong's Hang Seng dropped 1.1 percent to 19,163.93 and South Korea's Kospi ...


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