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Woman alleges affair with White House hopeful Cain An Atlanta businesswoman claimed she had a 13-year affair with Republican presidential hopeful Herman Cain, whose campaign has already been hurt by a rash of sexual harassment allegations.
Cain, a former pizza company executive who has faded back in the pack of Republicans seeking to take on Pres...
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US builds sea fence to stop Mexican immigrant wave The United States is building a barrier stretching 300 feet (90 meters) out into the Pacific to bar illegal immigrants from using a low-tide route to flood into southern California from Mexico.
The $4.3 million project will replace a dilapidated border fence with an 18-foot (nearly six-meter) hig...
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Feds crack down on sellers of fake goods WASHINGTON (AP) - The knockoff designer bags look close enough to the real thing that few would notice at a casual glance. Same goes for the imitation replica football jerseys or popular boots. And the online prices seem too good to pass up.
But the products are fake and the websites selling them...
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Ohio officials take 200-pound boy from mother CLEVELAND (AP) - The case of an 8-year-old Ohio boy taken from his family because he weighs more than 200 pounds has renewed a debate on whether parents should lose custody if a child is severely obese.
The Cleveland Heights boy was placed in foster care in October after county case workers said ...
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Fired FAMU band director: hazing warnings ignored TALLAHASSEE, Fla. (AP) - The fired director of Florida A&M's famed "Marching 100" band said he repeatedly warned university leaders over two decades about the dangers of hazing and that he's been made the scapegoat for a band member's death in which the practice is suspected.
Julian White, 71, sa...
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Asia stocks extend Europe-fueled gains Asian, European and U.S. share markets had closed with sharp gains on Monday, amid optimism for a solution to Europe’s debt woes and after signs of strong U.S. holiday sales. Read more on U.S. stock gains.
“I think that the [Asian] market is supported by the U.S. and European gains,” said C...
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Lenovo unveils new smartphone, tablet, smart TVs BEIJING -(MarketWatch)- Chinese computer maker Lenovo Group Ltd. Tuesday announced new versions of its flagship smartphone and tablet computer products and said it would release a "smart TV" product called "LeTV" in the first quarter.
Lenovo didn't say in a statement when it would start selling t...
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Microsoft and AgreeYa in license accord BEIJING (MarketWatch) -- Microsoft Corp. Tuesday announced a licensing agreement that will allow mobile technology provider AgreeYa Mobility to make products that link into Microsoft enterprise systems from non-Microsoft mobile platforms like Apple Inc.'s (AAPL) mobile operating system and Google...
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Vienna is the city with best living standards: report ZURICH -(MarketWatch)- Vienna has been named as the city with the best living standards in the world, according to a study by consultancy Mercer.
Zurich and Auckland follow the Austrian capital in second and third place in Mercer's Quality of Living Index, while Switzerland has two other cities--...
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Dance fitness video games boogie their way to success This year, before the pumpkin pie and turkey gravy even hit the Thanksgiving table, Reili Waniss got a head start on her perennial New Year's resolution to lose weight and get fit.
She did it with a video game called Zumba Fitness 2, which she bought this summer and began playing at home while he...
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Chinese factories hit by strikes amid manufacturing slowdown Already facing a sharp slowdown, factories in China's manufacturing heartland are now experiencing a rash of labor strikes reminiscent of the worker unrest that swept the country last year.
Thousands of workers at a massive shoe factory in the southern city of Dongguan last week clashed with poli...
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Cyber Monday: Feds seize 150 websites in counterfeiting crackdown Federal authorities have seized 150 Web domain names they said were used to traffic counterfeit brand-name merchandise.
The website seizures targeted the illegal sales of a host of counterfeit products, including professional sports jerseys, golf equipment, DVDs, shoes, handbags and sunglasses, a...
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'Twelve Days of Christmas' list priciest ever at $101,119.84 Getting through “The Twelve Days of Christmas” with partridges and pear trees in tow will cost $101,119.84 this year –- the most expensive total ever.
True loves will have to dig deeper into their wallets to get into the holiday spirit, according to the annual “True Cost of Christmas” i...
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Gasoline prices fall but stay at record levels Pump prices continued to fall in California and the rest of the nation, but they remained at record levels for the end of November.
The average price of a gallon of regular gasoline in California fell 6.8 cents over the last week to $3.718, according to the Energy Department's weekly survey. That...
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Facebook may do an IPO in the second quarter Facebook Inc. may be closing in on an initial public stock offering.
The granddaddy of social-media companies is considering an IPO sometime in the second quarter of next year, although the exact timing has not yet been determined, the Wall Street Journal reported.
The company reportedly is co...
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Strong holiday sales help push up stock market The strong start to the holiday shopping season and new proposals to help ease Europe's debt crisis finally injected some confidence into a recession-wary Wall Street.
Investors were encouraged with reports that a record number of shoppers poured into malls and shopping centers around the country...
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Judge rejects $285-million settlement between SEC, Citigroup Federal Judge Jed Rakoff in his order criticizes the SEC for its 'relatively modest' punishments on big Wall Street banks for wrongdoing during the financial crisis and describes the proposed settlement amount as 'pocket change to any entity as large as Citigroup.'
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Summit Entertainment and Lions Gate said to be back in merger talks Lions Gate Entertainment and Summit Entertainment are back in merger talks that would combine two of Hollywood's largest independent studios, according to people with knowledge of the negotiations who are not authorized to speak publicly.
Should a deal be consummated, it would bring together one ...
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New cold warehouse near LAX could help region import perishables Those Argentine blueberries and Colombian roses at your local market probably took a lengthy detour on their way to Southern California.
Chances are, they entered the U.S. through Miami International Airport and arrived in California after a cross-country truck trip that took three days. Now, a n...
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Farmers & Merchants Bank family scion stole from client's account A member of the founding family of Farmers & Merchants Bank has pleaded guilty to stealing nearly $2 million from a customer's account.
Matthew J. Walker, who managed the bank's Laguna Hills branch, entered the guilty plea before U.S. District Judge Andrew J. Guilford in Santa Ana. Walker's attor...
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Sweet chariot, carry them all away High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/2/87b1ce36-19b6-11e1-ba5d...
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Japan's JX to curb Dec crude refining as CDUs shut Japan's top oil refiner JX Nippon Oil & Energy Corp plans to refine 5.9 million kilolitres (1.2 million barrels per day) of crude oil in December for domestic consumption, down 520,000 kl from a year earlier, a company executive said on Tuesday.
The company plans to shut a 127,000 barrels per day...
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Italian stocks - Factors to watch on Nov 29 DEBT
Italy and Spain have not asked to be rescued by the International Monetary Fund, the head of the lender said on Monday as she urged European leaders to quickly solve the region's festering debt crisis.
UNICREDIT
An Italian court has annulled the seizure of assets at Italy's biggest ban...
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Finmeccanica wins $1.334 bln Honolulu contract Finmeccanica SpA, via its units Ansaldo STS and AnsaldoBreda, has signed a $1.334 billion contract to supply technology and vehicles for a driverless Honolulu metro, the aerospace and defence group said on Tuesday.
Ansaldo STS's share of the contract is $1.136 billion and the share of 100 percent...
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Two Seat shareholders back debt restructuring The boards of Permira Funds and Alfieri Associated Investors voted on Monday to support the consensual restructuring of Seat as set out in a term sheet of Nov. 25, the two shareholders said in a joint press release.
Permira Funds and Alfieri Associated hold about 13 percent and 7 percent respecti...
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Shares snap six-day losing streak Australian shares have snapped a six-day losing streak, boosted by a stronger than expected start to the Christmas retail period in the United States and reports that the International Monetary Fund could bail out debt-riddled Italy.
The benchmark S&P/ASX200 index rallied 73.9 points, or 1.9 per ...
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Aust stocks surge on US sales, EU hopes The Australian share market ended its six-trading-day losing streak with firm gains on Monday as hopes mounted that European leaders were closer to finding a solution to the region's debt crisis.
Strong US Thanksgiving sales data also boosted the local bourse.
IG Markets market strategist Stan...
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Stocks to watch at close on Monday AAP
Stocks to watch on the Australian stock exchange at the close on Monday:
BHP - BHP BILLITON LTD - up 80 cents, or 2.35 per cent, at $34.85
The world's largest resources company BHP Billiton has promoted the head of its diamond division Graham Kerr to be chief financial officer.
Chief e...
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China’s Benchmark Stock Index Climbs on Fiscal Outlook, U.S. Retail Sales China’s benchmark stock index rose from a one-month low on speculation the government will take more fiscal measures to support economic growth, overshadowing concern that the government will keep property curbs next year.
Sinohydro Group Ltd. led a rally among water-related stocks after the Ch...
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Hong Kong Stocks Rise Most in Three Weeks on Europe Speculation Hong Kong stocks (HSI) gained, sending the Hang Seng Index to the biggest advance in three weeks, amid optimism that more will be done to contain Europe’s sovereign- debt crisis and after Thanksgiving weekend sales in the U.S. rose to a record.
Li & Fung Ltd. (494), the biggest supplier of clot...
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