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Michigan OK's bonds to fund Detroit's bankruptcy plan

Michigan officials on Friday signed off on four bond issues totaling $1.1 billion that would fund Detroit's exit from the biggest-ever municipal bankruptcy.


Fosun ups bid for Portugal's Espirito Santo healthcare unit

China's Fosun International Ltd has upped its bid for Portugal's Espirito Santo Saude (ESS) to 4.82 euros a share or 460.5 million euros ($584 million) in total, stepping up the battle over the hospital business of the indebted Espirito Santo family.

Radiohead's Thom Yorke will use BitTorrent to sell new album

Radiohead singer Thom Yorke on Friday released an album via BitTorrent, the British rocker said, marking the first time the online file transfer system often associated with piracy has been used to sell music.

Top U.S. regulators warn banks over 'Shellshock' bug

A group of top U.S. financial regulators urged banks to quickly fix their software to protect it against the "Shellshock" computer bug, saying it could expose them to fraud.


Latest News

Microsoft Corp will unveil a new name for its best-known product on Tuesday when it offers the first official glimpse of its latest Windows operating system.
For Bill Gross, quitting Pimco's $222 billion Total Return Fund to take over a $13 million fund at Janus Capital is like resigning the U.S. presidency to become city manager of Ashtabula, Ohio, population 18,800.
T. Rowe Price, the second largest shareholder in Allergan Inc (AGN.N), said on Friday that it wants the company to hold off on making major moves before a Dec. 18 special shareholder meeting, and criticized the board on its corporate governance.
If you're a fan of the "Elder Scrolls Online" then you'd be happy to hear that Bethesda has recently updated the game where you get 4 new quests, trials, and challenges which they posted on their blog.
Jennifer Lawrence's nightmare about leaked photos is not over yet as she is once again a part of the massive photo hack. Joining her this time are Cara Delevingne, Anna Kendrick, and other celebrities. Lawrence allegedly has 55 photos in the latest leak, while Kendrick has 87, though apparently none of them actually showed her naked.
Amber Rose accuses Wiz Khalifa of cheating, files divorce, could receive more than $1 Million in Prenup
Jason Aldean and Brittany Kerr are engaged, former American Idol candidates shows engagement ring via Instagram
South Korea’s no.1 diva is definitely back with her title track “Don’t Touch Me” reigning in major music charts in Korea, a day after its release.
NBA Rumors surrounding the Cleveland Cavaliers who may be looking to make another big move after stock successfully piling non-guaranteed contracts. A trade deal for JaVale McGee could be already on the books.
Although 'The Legend of Zelda' Wii U is slated for 2015 launch, game director Eiji Aonuma hopes that the version will perform on its own, in the same way that the Hyrule Warriors.