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Sign shown at headquarters for Intel Corp in Santa Clara

Intel buys Philips Electronics spin-out

Intel Corp. has acquired New Venture Partners' portfolio company, Silicon Hive, a spin-out from Philips Electronics (Philips). Financial details of the transaction were not disclosed.
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Brean Murray reiterates $60 PT on Guess?

Brean Murray Carret & Co. reiterated its price target of $60 on Guess? Inc. (NYSE: GES), saying the apparel retailer remains well positioned for uncertain times.
Foreclosed Home

US housing starts, building permits drop sharply

Construction of new homes, as well as new building permits, declined more than expected in February, indicating that the U.S. housing industry’s recovery is still weak, even as the rest of the economy improves.
Endeavour

NASA Back To Work After Tragedy

NASA and United Space Alliance workers resume operations on Endeavour after yesterday's tragedy, which saw a technician fall to his death.
Fukushima Daiichi Reactor

Japan's Nuclear Disaster Differs From Chernobyl

The accident at the Fukushima Daiichi nuclear power plant has drawn comparisons to the Chernobyl disaster in 1986. According to some experts, while they are very different, the consequences could be as bad or worse if authorities in Japan fail to prevent a meltdown.
Galpin Jaguar announces $1,000 test-drive challenge.

Galpin Jaguar announces $1,000 test-drive challenge

British luxury car manufacturer, Galpin Jaguar, is offering a $1,000 gift card for its customers who test-drive a new 2011 Jaguar and then purchase a new competing, comparably equipped Mercedes, BMW, Audi, Lexus or Porsche vehicle.
Chris Liddle

GM’s CFO unexpectedly resigns

General Motors' (NYSE: GM) chief financial officer chief is quitting, reportedly after he was passed over for the CEO job.
Musicians of the Vienna Philharmonic Orchestra perform during a rehearsal for the New Year's Concert 2011

U.S. Supreme Court will settle recopyright law debate

The U.S. Supreme Court has admitted a petition for writ of certiorari filed by a music professor of University of Denver, who has challenged a 1994 recopyright law that removed thousands of foreign works from the public domain and gave them copyright protection.

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