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Barclays reviews investment bank, more cuts expected

Barclays reviews investment bank, more cuts expectedBarclays has launched the third review of its investment bank in as many years, and is likely to cut more jobs and business areas as it battles to improve profitability, people familiar with the matter said. While investment banks across the world are struggling with tougher regulations and low interest rates, Barclays has faced particular problems after its business culture was singled out for criticism by British regulators and it was one of

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Aretha Franklin celebrates birthday with Denzel

Aretha Franklin celebrates birthday with DenzelNEW YORK (AP) — The fellas love Aretha Franklin: Denzel Washington helped the Queen of Soul celebrate her 72nd birthday in style, and Andre 3000 and Babyface are working on new music for the icon.

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AT&T rejects Netflix call for free interconnection as unfair

AT&T rejects Netflix call for free interconnection as unfairBy Marina Lopes NEW YORK (Reuters) - AT&T on Friday dismissed Netflix's recent call for free interconnection as an arrogant and unfair attempt to force others to pay for the content provider to gain access to faster broadband speeds and better services. Someone has to pay that cost," Jim Cicconi, AT&T's senior executive vice president for external and legislative affairs wrote in a company blog post. "Mr.

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Ming Dynasty 'chicken cup' sold for record $36M

Ming Dynasty 'chicken cup' sold for record $36MHONG KONG (AP) — A Shanghai collector paid a record $36 million Tuesday for a rare Ming Dynasty cup that's touted as the "holy grail" of China's art world.

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US stock futures little changed

US stock futures little changedNEW YORK (AP) — Stock futures were little changed on Tuesday, suggesting that a three-day slump in the market may abate. Investors will also start to focus on company earnings this week.

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'Key' player in smuggling ring sentenced in NJ

NEWARK, N.J. (AP) — A Chinese national whom authorities called a key player in a large-scale international smuggling ring was sentenced to more than three years in prison Friday.... Read more...
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