Compared to JPMorgan Chase, Citigroup's legal costs would easily reach USD5 billion. The next US bank primed for legal and regulatory scrutiny would be Citigroup Inc.
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Industry watchers say BlackBerry's move away from consumers would hasten smartphone's decline
Industry watchers did not look too kindly on BlackBerry's move to focus on its enterprise customers.
BlackBerry CEO: I am very disappointed
BlackBerry CEO Thorsten Heins had declared his disappointment as to last quarter's results. BlackBerry CEO Thorsten Heins intimated he was 'very disappointed' with the results from the last quarter as the sales of the company's smartphones plunged, most especially in the Americas.
Janet Yellen is leading contender to head US Federal Reserve- source
A source told Reuters that US Federal Reserve Vice Chair Janet Yellen was still the top choice to succeed Chairman Ben Bernanke in January.
Analysts, industry execs weigh in on Fairfax Blackberry offer
Analysts and industry executives gave their take on the USD 4.7 billion buyout offer for BlackBerry on Reuters Instant View.
Latest News
Pope Francis condemned the global economic system for idolizing money. In a visit to the port city of Cagliari, Sardinia, Pope Francis attacked the global economic system.
State officials who would be managing "Obamacare's" healthcare insurance said they are confident that they would still be able to access funds in the event of a government shutdown.
Leucadia National Corp bought USD 158 million worth of Harbinger Group Inc shares from Philip Falcone's hedge funds.
Sources told Reuters that the United Overseas Bank of Singapore and the Australia & New Zealand Banking Group was contemplating a bid for Wing Hang Bank.
South Korean electronics maker LG would be launching its newest smartphone, the G2, next month. Electronics maker LG would be launching the G2 at the Four Seasons Hotel in Riyadh on October 1.
Swiftype, a software company that assists clients to integrate search engines in their company sites, raised another USD7.5 million in its recent funding round.
US Government software contractor Palantir Technologies, Inc has raised USD196.5 million in capital for growth, according to a filing with the US Securities and Exchange Commission.
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.
Research from gadget insurer Protect Your Bubble revealed that over half of smartphone and tablet users in Britain performed emergency repairs of their unit.
