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After 101 years, why GM failed

General Motors (GM) was founded in September of 1908. On June 1, 2009, at 8 a.m. -- almost 101 years later -- it ceased to exist, and control was handed over to turnaround executive Al Koch... more »
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The 10 Most Powerful Political Daughters

Father’s Day is still a few weeks off, but in the loving world of politics—some daughters have already given generous gifts to Dad. Meghan McCain gave Papa John a very public present last fall: a helping hand with the nearly impossible task of wooing the youth vote... more »
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NASA Scientists Find Evidence for Liquid Water on a Frozen Early Mars

NASA scientists modeled freezing conditions on Mars to test whether liquid water could have been present to form the surface features of the Martian landscape... more »
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PetroChina becomes world's biggest firm

It is another symbol of the way in which the world of capitalism is shifting on its axis. PetroChina, the listed arm of China's state oil business, has become the largest company in the world, surpassing its rivals in the West... more »
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Election Results Fuel Optimism For Economic Reforms in India

Two days after India's Congress party was returned to power with a strengthened mandate, the country's sagging stock market experienced a record surge Monday amid such euphoria that trading had to be suspended... more »
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SNAP ANALYSIS: India's Congress alliance headed for victory

India's Prime Minister Manmohan Singh's left-of-center coalition appeared headed for a second term in office, according to vote counting trends from the election office on Saturday... more »
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'World's oldest woman' dies at 130... after slipping in bathroom of ne

A woman thought to be the world's oldest person at 130 has died after slipping on the bathroom floor of her new flat. Sakhan Dosova broke her hip in a fall last month and never recovered... more »
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ANI Sonia Gandhi slams anti-migrants in Mumbai

Congress Party President Sonia Gandhi has criticised organisations in Mumbai, who have demonstrating against migrants from other parts of the country... more »
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Two planets identified as most similar to Earth

The most recently discovered one is almost twice as large as Earth, making it the smallest exoplanet -- for extra-solar planet -- found to date. The second one was found in 2007, but new observations have shown that it is the only exoplanet to date that orbits its star in the so-called habitable zone, where water remains a liquid. Thus, it is the .. more »
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World's major rivers 'drying up'

Water levels in some of the world's most important rivers have declined significantly over the past 50 years, US researchers say... more »
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GlaxoSmithKline Is Said to Be Close to Buying Stiefel

GlaxoSmithKline is nearing a deal to acquire Stiefel Laboratories, a large maker of dermatology products, for as much as $3 billion, people with knowledge of the talks said Sunday... more »
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Report: ‘Slumdog’ girl's dad tried to sell her

The father of 9-year-old "Slumdog Millionaire” star Rubina Ali offered to sell her for $300,000 to undercover reporters from Britain’s News of the World, the newspaper reported... more »
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‘Ghajini’ director Murugadoss wants to direct Shah Rukh Khan!

After tasting phenomenal Box Office success with Aamir Khan in the super hit movie "Ghajini", Tamil director Murugadoss has shown keen interest in working with Bollywood’s favourite Khan - Shah Rukh Khan and is working on the story... more »
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UBS to lay off 8,700 with $1.75bn loss in 1st quarter

Switzerland's biggest bank UBS today said it lost about two billion francs (1.32 billion euros, 1.75 billion dollars) in the first three months of 2009, and will seek to cut costs by slashing 8,700 jobs by 2010... more »
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Reasons why Akshay starrer 8X10 Tasveer failed at the BO

Earlier this year there were accusations that media had killed Chandni Chowk To China, there are no excuses however for 8X10 Tasveer, which has been voted a no-show by the audience itself. The film has been rejected by the paying public, as reflected from the steep fall that the film has witnessed everyday since its Friday release... more »
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