Apple says Steve Jobs still involved in strategic decisions

Apple Inc board members on Wednesday pacified shareholders by saying that Steve Jobs, the company’s chief executive officer, remains deeply involved in strategic decisions and is planning to return from his medical leave as scheduled. Apple...

Nine killed in Turkish Airlines crash near Amsterdam, causes unclear

Nine people were killed and more than 50 others were injured when a Turkish Airlines plane crashed while attempting to land at Amsterdam’s Schiphol Airport on Wednesday, airport officials said. Rescue workers help passengers after a Turkish...

China to let insurers buy unsecured company debt: official

China’s insurance regulator plans to allow insurers to buy unsecured corporate notes for the first time to spur economic growth and development of the debt market, according to an official at the agency. The China Insurance Regulatory...

Hedge fund group proposes self-regulation to avert intervention

A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said Andrew Baker, chief executive of London -based...

US insurer may restructure rescue package for second time

American International Group Inc., once the largest insurer by assets, may report a record fourth-quarter loss of US$60 billion, the CNBC television network said Monday, citing a source it did not identify...

Obama plans to withdraw most U.S. troops from Iraq in 19 months

U.S. President Barack Obama plans to withdraw most of U.S. troops from Iraq in less than 19 months, pending a formal announcement later this week, officials said Tuesday. U.S. President Barack Obama takes a question at the Fiscal Responsibility...

NASA’s global warming satellite fails at launch, crashes in ocean near Antarctica

A rocket carrying a NASA satellite designed to study global warming from space crashed in the ocean near Antarctica after a failed launch early Tuesday. This NASA video image shows NASA’s Orbiting Carbon Observatory and its Taurus booster as it...

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