Selling in Asian markets accelerated in the afternoon session Monday. Japan and South Korea closed sharply lower, with today's losses wiping out all of the Nikkei's gains for 2007.

  The U.S. dollar extended its slide to hit an 18-month low against the yen on Monday, as jitters over bigger credit-related losses at U.S. financial firms curbed demand for risky carry trades.

  Airbus on Monday named Prince Alwaleed bin Talal as the first private buyer of an A380 superjumbo, the world's largest passenger airliner.

  Europe's biggest bank HSBC is this week expected to unveil a further big hit from its exposure to the U.S. mortgage crisis.

  Walt Disney, the No.2 U.S. entertainment company, plans to launch mobile phone services in Japan early next year to become the newest entrant in an ultra-competitive market.

  Dubai-based airline Emirates picked the Airbus A350 airliner over Boeing's 787 in orders potentially worth $35 billion on Sunday, grabbing center stage on the first day of the Dubai Air Show.

  So there I am driving to the Northwestern/Iowa football game last Saturday when my friend Bruce says, "Hey, what do you think of the Buick Enclave? I think it's pretty sharp." Well Bruce, you are not alone. The latest stats from J.D. Power's Power Information Network shows the Buick Enclave was the fastest selling vehicle in the U.S. last month.

  The trust that has a controlling stake in chocolate maker Hershey on Sunday forced a sweeping overhaul of the company's board amid dissatisfaction with the company's recent results.

  EchoStar Communications,  the second-largest U.S. satellite television operator, on Friday reported a rise in third-quarter profit but said subscriber growth slowed due to worsening economic conditions and increased competition.

  Private equity firm Oak Hill Capital Partners said Sunday it would buy Firth Rixson, a provider of specialized metal products primarily to aerospace engine manufacturers, in a deal valued at about $2 billion.

  Google faces a federal patent infringement lawsuit by Northeastern University over technology used in its core Web search system, according to legal papers filed last week.

  Jerry Seinfeld's "BeeMovie" had plenty of sting left during its second weekend, replacing "American Gangster" as the No. 1 choice for North American moviegoers.

  E-Trade shares page90ETFCfalsetrue43pricetruefalsefalse0QuotefalsetrueChartfalsetrueNewsfalsetrueProfilefalsetrueAdd to Watchlisttruecnbc_watchlist_addSymboltruetruehttp://api.cnbc.com/api/chart/chart.aspGE4true3 dropped as much as 13 percent in after-hours trade Friday, having ended the regular Nasdaq trading session down one cent at $8.59.

  Visa Inc. filed with regulators on Friday to raise up to $10 billion in an initial public offering of Class A common stock.