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Walmart Stake in Indian Supermarket Chain Probed for Violating Direct Foreign Investment Regs

An Indian lawmaker has filed a complaint with the government claiming that Walmart illegally invested in a local supermarket chain in violation of rules restricting direct foreign investment in the retail industry. Regulators have begun an informal inquiry into the matter, according to an article in Friday's New York Times.


Big Tex Goes Up in Flames at Texas State Fair in Scene Reminiscent of 'The Wicker Man'

A 52-foot talking cowboy statute that for 60 years has welcomed visitors to the fair, with a hearty "Howdy Folks" went up in flames today, as reported by The Dallas Morning News.

Dinesh D'Souza Resigns as Conservative College President, '2016: Obama's America' Creator Denies Affair

Two days after the evangelical magazine World accused conservative commentator Dinesh D'Souza of having an affair, he resigned from his position as president of The King's College, though he denies the affair.

Mobile Advertising Poses Challenges for Some of High Tech's Biggest Companies

Consumers' growing love of mobile devices has created growing difficulties for technology companies as they seek to reach their audiences through advertising on smartphones and tablets.


Latest News

he Dutch star of the 1974 erotic hit sensation "Emmanuelle" passed away in her sleep Wednesday night at age 60, according to a statement made by her agent, Features Creative Management, the Associated Press reported Thursday.
Waltham, Massachusetts-based electric car battery manufacturer A123 Systems Inc. filed for Chapter 11 bankruptcy protection Tuesday, The Wall Street Journal reported. The company's collapse has been called a setback for the Obama administration's efforts to foster a domestic market for electric vehicles running on U.S.-built batteries.
Today's Gallup numbers show Mitt Romney pushing ahead of President Obama by seven points, based on "likely voters."
Watch out Amazon and Tmall! Starting today, China's largest online retailer, 360buy.com, is launching its international shopping site to sell directly to overseas buyers, Reuters reported.
The Boy Scouts of America will release 20 years of files today naming 1,200 scout leaders and volunteers accused of sexual abuse between the years 1965 and 1985, and providing details of the allegations, The Daily News reported. Names of the victims will not be released, in the so-called "perversion files."
President Barack Obama has made a comeback, according to a CNN/ORC international poll of 457 voters who watched the nationally televised presidential debate on Tuesday, as reported by Bloomberg News.
Goldman Sachs reported a strong third quarter this year, more than doubling its revenue to $8.35 billion, from $3.59 billion last year, exceeding the expectations of Wall Street analysts, The New York Times reported Wednesday.
A 96 year-old farmer in India claims to be the world's oldest dad, twice over. Ramjit Raghav, a 96 year-old farmer in India, credits his healthy lifestyle as a vegetarian teetotaler and a healthy sex drive, for his status as the world's oldest father, according to The Times of India.
New home construction in the U.S. jumped in September to its highest level in four years, reported Bloomberg Businessweek, based on Commerce Department data released Wednesday.
In a 35-page complaint filed by the Securities and Exchange Commission on Wednesday, the agency accuses Jersey City, N.J.-based hedge fund Yorkville Advisors of misrepresenting the value of its assets and lying about performance, The New York Times reported.