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CNN wrongly reported that NYSE was flooded with 3 feet of water following the worst of Hurricane Sandy

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CNN earned itself another black eye after wrongly reporting that the New York Stock Exchange was flooded with three feet of water following the worst of Hurricane Sandy. “There has been no damage to our building or systems, and we will conduct tests with the industry today with the aim of reopening U.S. markets on Wednesday,” NYSE spokesman Ray Pellecchia said in a statement. During a live segmen...

Global markets have fallen sharply after the Federal Reserve signaled it may begin to scale back its stimulus of the US economy

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Global markets have fallen sharply after the Federal Reserve signaled it may begin to scale back its stimulus of the US economy later this year. European stock markets were down 3% or more by the close, as US markets fell a further 1.5% at their open. Other risky investments, such as bonds and commodities also fell, with short-term cash offering the only safe haven. The dollar rose as markets ant...

The Farmers' Almanac predicts a winter storm will hit the Northeast around the time of Super Bowl

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...sloppy storm the day before spring’s arrival that buried parts of New England. Readers who put stock in the almanac’s forecasts may do well to stock up on long johns, especially if they’re lucky enough to get tickets to the Super Bowl on Feb. 2. The first Super Bowl held outdoors in a cold-weather environment could be both super cold and super messy, with a big storm due February...

Saudi Arabia's Prince Alwaleed Bin Talal has accused Forbes magazine of understating his wealth

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...” Middle Eastern investors. It alleged that Forbes had refused to accept the valuations of the stocks listed on Tadawul, the Saudi Arabian Stock Exchange, while it had accepted valuations of listings on other emerging markets such as the Mexican Stock Exchange. It said that Forbes had applied “differing standards of proof for different individuals”. The prince’s office said...

European markets have opened lower, with the inconclusive election result in Italy raising fears that political deadlock will delay economic reforms

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...ian government bonds also rose sharply, implying markets are more wary of lending to Italy. Earlier, stock markets in Asia had closed lower. Japan’s main Nikkei 225 stock index lost 2.2%, Hong Kong’s Hang Seng fell 0.8% and Australia’s ASX was down 1%. Oil prices also dropped, hit by worries that uncertainty in the eurozone could hit demand, with Brent crude falling 87 cents to $...

Chinese economy, the world's second largest, is showing signs of a rebound that could help it emerge from its worst economic period in 13 years

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...figures also released on Friday which showed an improvement in house prices and retail sales. Asian stock markets ticked higher on the news, while the Australian dollar gained. Australia is a key exporter to China, selling minerals that are used to help power its economic expansion. Hong Kong’s Hang Seng stock index was trading 0.7% higher, South Korea’s Kospi added 0.5% and Australia...

Businesses and services in the north-eastern US are expected to start re-opening on Wednesday after two days of closure forced by Hurricane Sandy

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...e expected after the cancellation of more than 18,000 flights across the affected area. The New York Stock Exchange says it will also re-open after two days’ closure, as will the Nasdaq exchange. The last time the stock exchange shut down for two days was in 1888. Businesses and services in the north-eastern US are expected to start re-opening on Wednesday after two days of closure forced b...

Gloria Allred with her client Maureen Sullivan Stemberg

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...t the company was worth virtually nothing. Mitt Romney said in the hearings that the company’s stock was “overvalued” and that the future did not look good. Later Mitt Romney and Tom Stemberg allegedly cashed in their stock for a huge payout, according to TMZ. His bitter ex-wife claims this testimony affected how much she got from the settlement. Gloria Allred with her client Maureen Sulliv...

European stock markets had a shaky start on Friday as concern continued over Greece and Spain

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European stock markets had a shaky start on Friday as concern continued over Greece and Spain. Spain’s main share index fell more than 2% before recovering, while shares in London fell by as much as 1%. Confidence in European banks was undermined by ratings agency Moody’s, which cut the credit ratings of 16 Spanish banks late on Thursday. It also cut the debt rating on Santander UK, a...

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...000 reported for 2010. Shares of the company slumped in early April after disappointing results. The stock was down over 50% after reporting earnings and made a new 52-week low of $0.12. The stock is up over 41% so far this year and plunged 62% over the past one year. The stock is now trading higher by 30% to $0.195 on over 6.24 million shares, compared to its average volume of 2.37 million shares...

20,000 demonstrators swamped Times Square, stopping traffic, in what was thought to be the largest Occupy demonstration in the US so far

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...imperialism” and “Philippines not for sale”. In Taiwan, more than 100 people gathered at the Taipei stock exchange, chanting “we are Taiwan’s 99 percent”, and saying economic growth had only benefited companies while middle-class salaries barely covered soaring housing, education and healthcare costs. In UK, protesters also converged on the City of London under the banner “Occupy the Stock...

Restaurant insiders from across the US have revealed what really goes on behind customers' backs

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Restaurant insiders from across the US have revealed what really goes on behind customers’ backs. Tricks, such as adding extra sugar to kids’ meals so children enjoy them more, and that a daily “special” is often leftover ingredients that need to be used up, were revealed in the list of industry secrets compiled for Good Morning America by Reader’s Digest. The mostly-anonymous g...

Spain will set out today its austerity budget for 2013

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...ners. On Friday, results of a stress test on Spain’s banks are due to be released. The Spanish stock exchange’s Ibex index held steady in morning trading on Thursday, having lost 3.9% the previous day. Other European stock markets experienced modest rebounds of about 0.5%. Spain will set out today its austerity budget for 2013 Stocks fell sharply on Wednesday, as markets were rattled...

Google's stock value plunged a hair-raising 10 percent this week

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Analysts are already predicting Google’s demise as the world’s lead Internet search engine after it suffered a catastrophic nose-dive in its market value. “[Google] could disappear in five to eight years and disappear in the sense that Yahoo used to be the king of search,” said Eric Jackson, the founder and managing member of Ironfire Capital, a technology-focused hedge fund. “Now, for all...

Creamy leek and potato soup with crispy pancetta

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Try this simple, delicious and nutritious homemade vegetable soup for the chilliest autumn days. Creamy leek and potato soup with crispy pancetta (4 serves).   INGREDIENTS 50 g (1¾ oz) butter 400 g (14 oz) Désirée potatoes, peeled and cut into 1cm (½in) dice 1 onion, cut into 1cm (½in) dice 300 g (10½oz) leeks, very thinly sliced 1.2 litres (2 pints) vegetable stock 150 ml (5 fl oz) double c...

Google shares fell again on Friday, just 24 hours after $24 billion was lost from the company’s value

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Google shares fell again on Friday – just 24 hours after $24 billion was lost from the company’s value. Another $5 billion was wiped from Google as the stock fell once again on the back of a dire set of financial results. The crash in its share price – due to a shock fall in the amount paid by advertisers – sent ripples through Wall Street, hitting other firms in the same sector...

HP TouchPad Tablet in STOCK

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After declaring that they’re killing the line of tablets, seeing the enormous success it’s price strike-down had, Hewlett Packard Co are planning to produce “one last run” of TouchPads.    HP Tablet in STOCK UPDATES   A day after the chief of HP’s personal devices division told Reuters the TouchPad might get a second lease on life, HP announced a temporary about...

Iran announces it has successfully sent a monkey into space for the second time this year as part of a programme aimed at manned space flight

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...es in a Pishgam rocket for a sub-orbital flight before returning intact to Earth. But the release of images showing two clearly different monkeys prompted international observers to wonder whether the animal had died in space. Iran insisted that was not the case, saying archive images of another monkey tested for its suitability for the mission had been wrongly released. In 2010, Iran successfully...

Cinema-goers have complained of feeling sick and dizzy after watching early screenings of The Hobbit

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...med in 24 frame per second (fps) shots since 1927. It means each second of picture contains 24 still images that create the illusion of movement when put in sequence. American film director Doug Trumbull invented and promoted a 60 frame per second process called ShowScan 30 years ago but it was not widely used. The new technology means every second of shot will contain 48 still images – and...

Marilyn Monroe Playboy's special edition on the 50th anniversary of her death

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...on that inner light, and she had the intelligence to dim that light as well, to create darker erotic images, sad images, vulnerable images,” Kim Morgan noted. “That’s strong. That’s brave. That’s art. Marilyn’s art.” “Hef is very happy,” Jimmy Jellinek said. “She was his favorite, of course. And he especially loves the gold foil cover.” “She was most in control when she was in the nude,” Hugh He...

iPad Mini has apparently been revealed in full for the first time in the best set of pictures yet leaked on the internet

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...ctures yet leaked on the internet Sonny Dickson, a researcher for fansite 9to5mac.com, published the images on his Twitter feed last week, sparking a wave of excitement among Apple enthusiasts. The images show a device that is significantly smaller than the regular iPad. According to rumors it boasts a 7.85 in liquid crystal display, making it a rival to Google’s Nexus 7 and Amazon’s K...

The world's oldest undeciphered writing system could be about to be decoded by Oxford University academics

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The world’s oldest undeciphered writing system, which has so far defied attempts to uncover its 5,000-year-old secrets, could be about to be decoded by Oxford University academics. This international research project is already casting light on a lost bronze age middle eastern society where enslaved workers lived on rations close to the starvation level. “I think we are finally on the...

Jenni Rivera’s family are said to be disgusted over the gruesome video leaked on the internet which shows parts of her bloodied dismembered body strewn amongst the wreckage

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...sted yesterday for looting from the wreckage site. One of these officers is thought to have sold the images to the media. Though the video was not confirmed as being authentic, the Rivera family said they believe it is due to the items in the video and images of the mangled body parts. It also emerged the company that owns the luxury jet Jenni Rivera was traveling in is under investigation by the...

A Russian passenger plane has crashed into a main road outside Moscow, killing at least four people

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A Russian passenger plane has crashed into a main road outside Moscow killing at least four people, reports say. Russian state television says the plane overshot the runway after landing. Details are still emerging, but images of the scene on Twitter appear to show a badly-damaged aircraft lying in several pieces across a major road. Some reports say the aircraft caught fire. Reports said there w...

360Heros camera mounts can hold up to six GoPro cameras

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A 3D-printed camera mount that can help photographers take fully interactive, 360-degree videos and photos, has been created by a design team from New York. The 360Heros Plug & Play mount weighs 1.5 lbs (700 g) and is made from ultra high-resolution craft-grade flexible nylon making it weatherproof and strong. It can hold up to six GoPro cameras, which can be switched on and off by wireless r...