How’s this for bling? An Abu Dhabi hotel has unveiled a jewel-encrusted Christmas tree worth more than $11 million.
The 40-foot-tall tree is decorated with silver and gold bows, ball-shaped ornaments and white lights. Its branches are draped with 18…
Bank of America (BAC) said talks will continue with bondholders who are demanding it buy back securities backed by billions of dollars of bad mortgages.
Bank of America has been in talks with investors including Pacific Investment Management Co (Pimc…
Facebook may generate revenue of about $2 billion for 2010, more than double its revenue from 2009, Bloomberg News reported without naming its sources. The social media giant will beat its 2010 estimate of $1.5 billion in revenue, after bringing in sal…
BP (BP) shares fell the most in four months in London after the Obama administration sued the oil giant, saying it violated environmental laws during the Gulf oil disaster.
BP shares retreated by as much as 3.2%, the most since August, Bloomberg News…
Honda Motor Co. (HMC) is recalling 1.35 million Fit subcompact cars to repair defective wiring in the headlights.
The carmaker said it would recall 143,000 cars in the United States and 734,000 cars in Japan, according to The Associated Press.
The …