Freddie Mac requested $146 million from the U.S. Treasury to meet interest payment obligations on bailout funds, despite swinging to a profit, the troubled mortgage buyer reported Friday.
“Today” co-anchor Matt Lauer will receive at least $25 million annually to remain in his seat for at least the next two years.
There have been a lot of flashy sports cars and intimidating luxury palaces at the Geneva Motor Show 2012, but the car that perhaps deserves the most notice is the unassuming Tata Megapixel, Tata Motors’ new range extended electric vehicle (REEV) concept car.
Goldman Sachs shares currently trade below book value, which presents a rare opportunity for retail investors to buy into the storied Wall Street bank at a discount.
Shares of London Stock Exchange Group Plc (LON:LSE) soared more than 8 percent Friday morning, after the namesake bourse operator agreed to buy a majority stake in LCH.Clearnet, one of Europe’s largest clearing houses, for €463 million ($614.6 million).
It has been reported that Samsung Electronics is likely to make an important announcement at the SXSW festival in Austin, Texas, Friday.
The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.
Shares of IBM (NYSE: IBM) are above $200 for only the second time in the No. 2 computer company’s 101-year history, valuing it at $232.4 billion.
Apple has finally launched its much-awaited iPad - the New iPad. Stunning features, zippy processor and an amazing HD display, all that you wanted to see in your tablet, are now packed in Apple's latest iPad. But are they enough to compete with its Android rival Samsung?
IBM researchers have developed an optical chip that can transmit as much as a terabit, or 1 trillion bits, of data per second using commercially available products -- a breakthrough that could revolutionize computing.
The Galaxy S2 is set to receive an Ice Cream Sandwich update on March 10.
With the 4G-ready New iPad set to be launched in the global markets next week, Apple has slashed the price of iPad 2 worldwide Thursday.
Larsen and Toubro Friday appointed Krishnamurthi Venkataramanan as its CEO and managing director.
Google Inc has been pressuring applications and mobile game developers to use its costlier in-house payment service, Google Wallet, as the Internet search giant tries to emulate the financial success of Apple Inc's iOS platform.
Proview Technology, which is battling Apple over the iPad trademark in China, has asked Chinese distributors to stop selling the popular tablet PC after the U.S. technology giant launched the latest version of its iPad.
On Wednesday, evangelical leader Pat Robertson called for legalizing marijuana. Sounds odd, but plenty of conservatives before him have argued against the criminalization of cannabis.
iPhoto for iOS endows Apple users with control over their photos like they've never experienced. There are six major components to iPhoto for iOS; here, we detail each part of the new iPhoto and explain how to use it.
Smith and Wesson (NASDAQ: SWHC) reported on Thursday a 23.8 percent increase in revenue for its fiscal 2012 third quarter, shotting past analysts' expectations as increased sales coupled with lowered expenses swung the company to a profit.
Rolls-Royce Motor Cars is showing off the new Phantom Series II at the Geneva Motor Show 2012 this week, and the executive dream-machine is truly a sight to behold.
Wells Fargo & Co., the bank with the most U.S. branches, is ending free checking in six eastern U.S. states starting in May, expanding a $7 monthly service fee for the use of its basic checking account.
AT&T Inc. is seeking to sell a stake in Yellow Pages in an approximately $1.5 billion deal with private equity firm Cerberus Capital Management LP, Bloomberg reported.
Iconic guitar maker Fender Musical Instruments Corp. filed on Thursday to raise up to $200 million through an initial public offering, using a substantial chunk of the proceeds to pay off debt.
Cars are recalled because of engineering errors at a particular plant or time period. What are the most common defects found in cars?
Exxon Mobil CEO Rex Tillerson says his company will invest $185 billion to develop new energy sources intended to help meet growing demand.
Bank of America, N.A., fraudulently sought to limit home-owner mortgage modifications under the Home Affordable Modification Program so as to avoid millions in losses, says a whistleblower complaint unsealed in federal court Wednesday.
It's been a day since Apple CEO Tim cook announced the new iPad, simply called, the new iPad. While some believe Steve Jobs would've never approved such an unexciting, boring name, the truth of the matter is that Jobs would have LOVED the name.
China has blocked purchases of Airbus planes by Chinese companies in reaction to a controversial European carbon tax, the CEO of Airbus parent European Aeronautic Defense & Space Co. NV (Paris: EAD) said Thursday.
Simon Property Group Inc. (NYSE:SPG), the largest U.S. mall owner, said Thursday it is acquiring a 28.7 percent interest in Klepierre, a shopping center operator based in Paris, for about $2 billion.
After months of anticipation and expectations, the New iPad from Apple has finally been announced. The device will hit the shelves March 16 and will be priced from $499-$829, which is similar to the previous iPad 2.
Gadget lovers in India can now own an iPad 2 for 24,500 rupees, with Apple Inc slashing its price worldwide on Thursday following the launch of a new third-generation, 4G-ready tablet.
