Steve Jobs' decision to step down as chief executive of Apple, marking an end to his 14-year reign at the consumer electronics giant he co-founded in a garage, signals that his disease, which was kept in check for more than seven years, may be advancing beyond doctors' ability to control it, experts say.
Billionaire Warren Buffett's Berkshire Hathaway gained EU approval on Thursday for its $9 billion purchase of Lubrizol Corp .
BlackBerry maker Research In Motion (RIM.TO)(RIMM.O) is planning for its newer models of smartphones, expected next year, to run applications designed for Google Inc's (GOOG.O) Android operating system, a Bloomberg report said, citing people familiar with the plan.
In the annals of natural disasters, it doesn't get much worse than a major hurricane directly striking New York City and Long Island.
Apple stock plunged in afterhours trading, falling over five percent, on news that CEO Steve Jobs is stepping down on health concerns.
Apple's Steve Jobs resigns. Here are five reasons why Jobs made his mark as one of the greatest CEOs in the world.
Steve Jobs has resigned as Apple's leader. The move has been speculated because of questions over Jobs' health. He was diagnosed with a rare form of pancreatic cancer in 2004 and underwent a liver transplant two years ago. Speculation has focused on when Jobs might retire, but even though the timing might come as a surprise, Jobs' impact as a 21st century leader is clear. Here are five reasons Apple's Steve Jobs made his mark as one of the greatest CEO's ever.
Bids for Hulu are due on Wednesday from a collection of tech and satellite giants -- with Yahoo, Google, Amazon and DirecTV among the likely contenders.
Trust Company of the West CEO Marc Stern asked his legal team to monitor the emails of ex-employee and star bond fund manager Jeffrey Gundlach after growing suspicious of his intentions to start a new firm, the CEO testified on Wednesday.
Lenovo's new ThinkPad tablet is aiming at unconconquered territory -- the business and IT tablet space. The 10.1-inch ThinkPad is built around the Android system, the most competitive tablet platform to Apple's iOS used in the iPad tablet. The ThinkPad is also geared toward the business market, not the consumer market. Lenovo introduced its first business-class Android-based ThinkPad Tablet on Tuesday.
If U.S. Federal Reserve Chairman Ben Bernanke needs any more evidence regarding the slowdown in the U.S. economic recovery, he need look no further than U.S. housing prices, which have fallen for 17 consecutive quarters
Central bankers and economists from around the globe will once again flock to the Federal Reserve's annual gathering in Wyoming this week, and once again will meet against the backdrop of volatile markets and the prospect of further Fed support for a struggling U.S. economy.
Bank of America shares surged more than 11 percent on Wednesday after J.P. Morgan predicted the company would raise capital in the near future.
Apple's iPad has been crushing the com[etition in the tablet market, but suddenly HP's discontinued TouchPad is red hot and Lenovo has entered the market with the first ThinkPad tablets that are now available. The 10.1-inch ThinkPad is built around the Android system, the most competitive tablet platform to Apple's iOS used in the iPad tablet. The ThinkPad is also geared toward the business market, not the consumer market. Lenovo introduced its first business-class Android-based...
Sprint may finally jump on the bandwagon and join its rivals in offering Apple's products, starting with none other than the iPhone 5. Bbut this may not prove to be such a boon to the No.3 U.S. carrier.
HP thought its webOS system was a bust, so the company decided to kill webOS devices, including the TouchPad tablet and smartphones. But once HP discounted the slow-selling TouchPad to $99 just seven weeks after launching the product consumers flocked in, selling the tablet out of stock.
Toyota has launched the seventh-generation Camry, which the Japanese automaker claims as the America's best-selling car for nine years running and 13 of the past 14 years.
Banks must report a minimum set of data on their derivatives trades from the end of next year to help regulators monitor financial stability and spot abuses, a draft plan from market supervisors and central bankers said on Wednesday.
Taiwan's Acer Inc reported a worse-than-expected quarterly loss, the first in company history, hurt by charges for an inventory write-off and reorganization, and said it would be impossible to break even for the full year.
WPP, the world's largest advertising group, expects to feel the impact of the economic slowdown in 2012, it warned on Wednesday, as it reported strong first half results bolstered by emerging markets and digital.
Anschutz Entertainment Group, a behemoth in the world of sports and entertainment events and venues, has officially entered competition with Live Nation’s Ticketmaster in the ticketing market.
Gold prices retreated in choppy trade on Tuesday after earlier hitting record highs as a recovery in appetite for assets seen as higher risk, such as stocks, took the steam out of a rally that many saw as overdone above $1,900 an ounce.
Stocks shot three percent higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke this week would signal new help for the economy, giving investors hope a four-week rout was nearing an end.
Over the past three weeks, investors have been rushing into short-term Treasury exchange-traded funds to shield themselves from the roller coaster equity markets.
New home sells fell in July to a 298,000-unit annual rate, the third straight monthly decline for the beleaguered sector. The slump means housing is likely to be a drag on U.S. GDP at least for the next two quarters, and perhaps for longer. New home prices are attractive, but potential buyers should traead carefully: they may drop in many markets.
A cash crisis is driving the United States Postal Service toward insolvency. Postmaster James A. Farley is asking Congress for help, threatening that the postal service will default in September if something isn't done. Here are five problems plaguing the USPS.
UBS announced cuts of 3,500 employees on Tuesday, mostly in its investment banking division, as the layoff trend continues in the banking industry.
Sales of new U.S. homes in July fell to its lowest level in five months, indicating that the housing sector is still on rocky footing after the housing bubble burst several years ago.
It may look fresh and the label may read sustainable, but Chilean sea bass is not always what it appears to be on store shelves, a biologist from Clemson University has found. Some of the fish labeled in shops are not sustainable and some are not Chilean sea bass at all.
Bank of America shares dropped to a 52-week low during early trading on Tuesday, as the company saw its stock drop more than 5 percent at times.