Apple's arrangement with banks is expected to provide Apple with a huge chunk of the rapidly expanding mobile payments market.
Having led the company for 23 years, Montezemolo reportedly quit following Ferrari's poor performance in Formula One races.
Apple's mobile wallet service is expected to help take NFC mainstream, and allow more people and businesses to adopt the technology.
The company's biggest offering from Tuesday's mega event could well turn out to be its Apple Pay mobile-payment system.
The move is a major breakthrough for Japan, which has been relying on fuel and coal imports for power for almost a year now.
Amazon, in July, announced an additional $2 billion investment in its India business, a day after Flipkart raised $1 billion in fresh capital.
Family Dollar, which has a deal to sell to Dollar Tree, has rejected Dollar General's unsolicited approaches citing antitrust risks.
Apple's multitasking watch didn't impress investors much, as the stock ended the day lower.
Common snacks like pizza and chicken nuggets are responsible for nearly half of kids' sodium intake.
As hackers get smarter, retailers haven't kept up with some basic security measures, say experts.
Investigative journalist Brian Krebs revealed the Home Depot breach a week ago, before the company publicly admitted it.
State and local governments spend more each year on tax breaks and credits. Are the benefits worth the costs?
Despite Credit Suisse pleading guilty to felony charges, Obama wants to waive rules so it can keep running pension funds.
Milk and cheese consumption in the U.S. is booming, but record dairy prices may not be here for the long run.
The global payment service joins a handful of high-profile companies in accepting the controversial digital currency.
A user of China's Weibo social networking site released alleged specifications of Apple's iPhone 6, which is to be unveiled Tuesday.
Renowned 'Biomorphism' style designer Marc Newson, who is friends with Apple's Jonathan Ive, has moved to Apple amid rumors of an iWatch.
Shares in the company that owns the Cullinan mine, which has produced some of the world's largest diamonds, shot up after the find was reported.
Today could be Apple's moment to show consumers that it has officially entered the "post-Steve Jobs era."
The report from the Dutch Safety Board also ruled out technical faults and crew involvement in the plane's downing.
Facebook, now among the world's most valuable companies, is in the midst of a mobile-advertising push.
The dumping of liquid waste and pollutants into the world's largest freshwater lake has been identified as the root cause of the problem.
Besides offering to buy back shares, the company also trimmed its medium-term sales forecasts on Tuesday.
GSK could ultimately face a multi-million dollar settlement payment or fine.
In extreme cases, the issue could cause the car to not accelerate properly, the watchdog said.
The contents of the syringe are not known but the air marshal was flown back to the US where he is now under observation.
Analysts say talk of Sharp selling its Recurrent Energy subsidiary come amid record-breaking growth in the U.S. solar sector.
More than 50 lobbying groups have asked Google to cut its affiliation with ALEC.
Other retail and fast-food chains, including Target, Chipotle, Chili’s and Starbucks, have made similar requests.
More and more American companies are merging with foreign firms to evade taxes — and the U.S. Treasury Department isn't pleased.