Costa is offering the passengers who were aboard the Concordia when the cruise ship sank an 11,000 euro ($14,500) compensation package, which, when totaled, will bring a significant loss to the cruising company.
Shares of energy giant Chevron Corp. tumbled Friday after losses from refining operations cut fourth-quarter profit to less than analysts expected.
Investors in Apple Inc. have a one-word answer for those who wonder whether this corporate juggernaut can maintain its phenomenal momentum in the years ahead: Asia.
Jorge Posada, who just retired from his 17-year gig as the New York Yankees' catcher, has listed his Upper East Side apartment for $11.5 million.
Shares of Juniper Networks plunged nearly 11 percent as the Internet equipment maker reported dismal first-quarter results and it lost market share to No. 1 maker Cisco Systems.But they recovered a bit on Friday.
A cancer-causing cadmium discharge from a mining company has polluted a long stretch of two rivers in southern China, and officials warned some 3.7 million people of Liuzhou in the Guangxi region to avoid drinking water from the river, state media reported on Friday.
Microsoft chairman and philanthropist Bill Gates pledged a further $750 million to the troubled global AIDS fund on Thursday and urged governments to continue their support to save lives.
Small business survival is about evolving to match the business with changing realities, said Karl Baehr, Director of Business & Entrepreneurial Studies at Emerson College.
The Macworld-iWorld Expo kicked off on Thursday at the Moscone Center in San Francisco, with hundreds of hardware manufacturers and software publishers jostling for the attention of Apple Inc. aficionados. Start the slideshow to check out the coolest gadgets being showcased there.
Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion clean up bill.
Rumors are swirling that Sprint would launch its new affordable tablet, ZTE Optik, for online buyers Feb 5. ZTE Optik, priced at $100, is designed to tap the budget-minded tablet lovers.
Xbox Live gaming platform, compatible only with the Windows devices, is expected to be launched on iOS and Android devices soon. Rumors are rife that Microsoft is all set to break the Windows 7 barrier and reach its huge fan base by branching out to other operating systems.
Investors in Apple Inc. have a one-word answer for those who wonder whether this corporate juggernaut can maintain its phenomenal momentum in the years ahead: Asia.
Samsung Electronics Co posted a record 4.7 billion dollar quarterly operating profit, driven by booming smartphone sales.
Ford Motor Co is poised to report its biggest annual profit in 13 years on Friday after an accounting change that signals the No. 2 U.S. automaker's belief it can remain profitable.
Take a look at The Big Lead's site and you'll see a list of the Top 15 online sports properties along the side. It's a measure of how far the once-fledgling site started in 2006 by former newspaper and magazine journalist Jason McIntyre has come in those five years. Now, Big Lead Sports by FSV ranks No. 6 in online sports properties, in front of the sports media group that just took over a majority stake in it -- USA Today. The Big Lead makes up the centerpiece for USA Today and Gannett...
Symantec security software was hacked back in 2006, and now the anti-virus software maker says it didn't even know the source code for pcAnywhere, a remote access program, was even gone. Symantec knew there was a breach alright, but until a hacker called Yama Tough posted online in January he had the code, the company was unaware of the theft.
The Vatican was shaken by a corruption scandal Thursday after an Italian television investigation said a former top official had been transferred against his will after complaining about irregularities in awarding contracts.
Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit on Friday, aided by its best-ever sales of smartphones and one-off gains.
Twitter, the social network many have lauded as the launching pad for several protests around the world, has just changed its privacy policy. Twitter made the announcement the company's official blog: We give ourselves the ability to reactively withhold content from users in a specific country - while keeping it available in the rest of the world, said the post. We have also built in a way to communicate transparently to users when content is withheld, and why.
Motorola Mobility Inc posted a quarterly loss after it warned earlier this month that it was having a tough time competing in the smartphone market amid intense competition from rivals such as the Apple Inc iPhone.
Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, continuing its descent in the rankings after it stopped buying loans made by smaller banks.
Before the iPhone debuted in 2007, Nokia was virtually alone in the smartphone world, and ever since then, it (and everyone else) has been chasing Apple. Nokia still sells more mobile phones than any other company, but mostly they are of the feature phone variety that don't have touchscreens and data plans. Nokia announced Jan. 26 they had lost over a billion dollars worth of business in the last three months of 2011, but their new line of Windows Phone-powered Lumia smartph...
A poll released Thursday showed 49 percent of Republicans believe Mitt Romney and President Barack Obama have different views on health care policy, despite the similarities between their health insurance reform laws.
WotWentWrong, a new social media company, helps people learn more about why their relationships ended. The service cuts against the grain according to several recommendations made from dating experts.
Starbucks Corp's reported a quarterly profit that topped Wall Street's view after global economic worries failed to weaken demand for drinks and other products from the world's biggest coffee chain.
Apple could ship a 42-inch TV set featuring organic light-emitting diode (OLED) displays as well as controls activated by the Siri “voice assistant” in the iPhone 4S, a report said.It could Apple TV or iTV.
The U.S. Second Circuit Court of Appeals on Thursday explained why a New York judge did not have the authority to order an injunction last year prohibiting Ecuadorean plaintiffs from collecting on a ruling against Chevron Corp.
In a desperate attempt to make their all-star event relevant, last year the National Football League (NFL) moved the Pro Bowl to the week before the Super Bowl and even displaced it from Hawaii. Reviews of the change were generally unfavorable, as the game was still played at half the speed as normal, but the NFL did get the ratings boost it was looking for.
Shares of entertainment provider Netflix surged nearly 26 percent after the company reported subscribers are returning after separate miscues last year.
