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UK picks Canadian to lead Bank of England

Submitted by Fox First at Ten on November 26th

By ROB GILLIES and ROBERT BARRAssociated Press LONDON (AP) - The British government has chosen Mark Carney, a Canadian, to become governor of the Bank of England, the first time a foreigner has been tapped for the position since the central bank was founded in 1694. Treasury chief George

EU leaders approve Mersch, another male, for ECB

Submitted by Fox First at Ten on November 22nd

By RAF CASERTAssociated Press BRUSSELS (AP) - The appointment of Luxembourg's top banker to a top post at the European Central Bank left it looking a lot like an Old Boys' Club on Friday. After the European Union leaders picked Yves Mersch in the dead of night Thursday, overriding the

Twinkie maker Hostess to close down, sell brands

Submitted by Fox First at Ten on November 21st

By CANDICE CHOIAP Food Industry Writer WHITE PLAINS, N.Y. (AP) - Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations. A last-ditch effort to end a strike with Hostess'

HP's Autonomy deal highlights pattern of bad ideas

Submitted by Fox First at Ten on November 21st

By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Hewlett-Packard's $9.7 billion acquisition of Autonomy seemed like a bad idea long before Tuesday's allegations of an accounting scandal made clear it was a deal that should never have happened. It's the latest in a

HP's Autonomy deal highlights pattern of bad ideas

Submitted by Fox First at Ten on November 21st

Kremlin critics: Stop ads on pro-Putin TV channel

Submitted by Fox First at Ten on November 19th

By MANSUR MIROVALEVAssociated Press MOSCOW (AP) - Russian opposition and human rights groups on Monday urged Western consumer products giants to stop "financing politically motivated persecution" by advertising on a Kremlin-friendly TV network known for its biased coverage of government critics

News Summary: Top German banker wants Greek reform

Submitted by Fox First at Ten on November 16th

By The Associated Press FIRST THINGS FIRST: Germany's top central banker says Greece's creditors will eventually have to write down the value of the country's debt further, but only after Greece improves its budget and reforms its economy. BAILOUT CASH: The comments from Jens

Bundesbank: Greece will need haircut, but later

Submitted by Fox First at Ten on November 16th

By JUERGEN BAETZAssociated Press BERLIN (AP) - Greece's creditors will eventually have to write down the value of the country's debt further, but only after Athens has done the hard work of getting its budget into shape and reforming its economy, Germany's top central banker said

Wife Divorces Husband Over 'Fifty Shades Of Grey'

Submitted by Fox First at Ten on November 13th

KHQ.COM - A woman is asking for a divorce after her husband refused to recreate sex scenes from the racy and erotic novel, "Fifty Shades of Grey." The 41-year-old British banker reportedly wanted to re-ignite the spark with her husband in the bedroom which she felt had been

Business Highlights

Submitted by Fox First at Ten on November 12th

By The Associated Press ___ Euro nations split on how to help Greece cut debt BRUSSELS (AP) - Greece's international creditors are proposing giving the country two more years to reform its economy, but European finance ministers were split Monday over how to put together a comprehensive