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Wall St. Slips With Fed Still The Focus

Stocks fell on Tuesday, a day after a record close on the S&P 500, with traders looking ahead to next week's Federal Reserve meeting in the absence of market-moving economic data. The Dow Jones industrial average .DJI fell 52.27 points...

GM Shakes Up Auto Industry Men’s Club, Naming Mary Barra Next CEO

General Motors Co Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker. The company said on Tuesday that...

Regulators Seek To Curb Wall St. Trades With Volcker Rule

U.S. banks will no longer be able to make big trading bets with their own money after regulators on Tuesday finalized the Volcker rule and shut down what was a hugely profitable business for Wall Street before the credit...

Twitter Shares Touch New High, Sail Past $52

Investors piled into Twitter Inc for the second straight day, lifting its shares to more than $52 and setting a new intraday high on Tuesday even in the absence of any significant announcements from the social media debutante. Shares of...

Obama And Castro Shake Hands, Zuma Humiliated At Mandela Memorial

U.S. President Barack Obama shook hands with Cuba's Raul Castro at a memorial for Nelson Mandela on Tuesday, a rare gesture between the leaders of two ideological opponents that reflected the anti-apartheid hero's spirit of reconciliation. But the peace and...

OPINION: LEKKI PORT: DECOUPLING POLITICS AND GOVERNANCE

It is common, passing through some of the nation’s State capitals, especially those governed by opposition political parties such as the All Progressives Congress (APC), to see sign-boards with the inscription: “This road belongs to the Federal Government, please,...

OPINION: MADIBA’S LONG WALK TO HISTORY: LESSONS IN LEADERSHIP TO AFRICAN LEADERS

Life is suffering. There is no alternative means of confronting and solving life’s problems than through a painful process. Discipline is the basic tool we require to solve life’s problems. Life’s problems evoke in us frustration, or grief, or sadness, or...

OPINION: MANDELA: A LESSON IN GREATNESS AND GRACE

Last Thursday, South Africa’s President Jacob Zuma stood behind a podium and addressed his country. “Our beloved Nelson Rolihlahla Mandela, the founding President of our democratic nation, has departed. He passed on peacefully in the company of his family around...

OPINION: KILLING THE IGBO PILOT TO PROVE LOYALTY

While the pogrom against the unarmed and defenseless Igbo civilians was going on all over Nigeria starting from July, 1966, when some vengeful and misguided northern army officers kidnaped and murdered the Head of State Aguiyi Ironsi, the heinous...

Drogba, Eboue Summoned For Mandela Tributes

The disciplinary committee of Turkish Football Federation (TFF) has summoned Galatasaray African duo Didier Drogba and Emmanuel Eboue following their display of tributes during a football match to former South African president Nelson Mandela who passed away on Thursday. After...

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