Top network equipment maker Cisco Systems Inc plans to pay a dividend for the first time, helping appease investors' concerns about slowing growth by returning more of its ample cash hoard.
Microsoft and federal agents took down Rustock, a botnet responsible at its peak for nearly half of the world's spam.
Oil prices fell on Friday after Libyan leader Muammar Gaddafi's government said it would halt military action in response to a U.N. resolution for an immediate ceasefire.
General Mills is set to pay 800 million euros ($1.12 billion) for half the Yoplait yogurt brand, allowing the company to settle a management dispute and pursue emerging markets growth.
Apple may face supply chain disruptions for its newly launched iPad 2 as a 9 magnitude earthquake in Japan impacted several component makers for the tablet, according to a report from IHS.
Oil rose above $116 a barrel on Friday after the United Nations authorized Western-led attacks in OPEC member Libya and tension stayed high across the oil-producing Middle East.
Panic gripped the U.S. West Coast despite a fraction of media's active campaign to quell the fears of harmful radiation from earthquake-torn Japan blowing in the wind.
U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
The United Nations Security Council has approved military strikes on Libyan air defenses, a move following weeks of talks led by France, Britain and the United States to mobilize the international community to take action against the regime of Muammar Gaddafi, which is engaged in armed conflict with rebels.
Nike Inc plans to raise the prices on its shoes and sports clothing markedly in 2012 to cope with the rising costs of oil, cotton and transportation that are hurting its profitability.
The United Nations Security Council on Thursday voted to approve a no-fly zone over Libya and all necessary measures to protect civilians from attacks by forces led by Muammar Gaddafi.
Nike Inc posted a lower-than-expected quarterly profit on Thursday as the world's largest athletic shoe and clothing maker was hit by the rising costs of oil, cotton and other commodities, and its shares fell more than 5 percent.
U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
Cute pictures of stuffed plush animals.
Gold Bullion prices stalled just above $1400 per ounce for the second day running on Thursday, as crude oil rose sharply amid the near-meltdown at Japan's Fukushima nuclear reactors.
In response to the deepening crisis at Japan’s troubled Fukushima Daiichi nuclear power plant, China has decided to suspend its atomic energy program for the time being by postponing approvals for new power stations.
As foreigners in Japan become increasingly desperate to flee the country, the British government has chartered planes to fly Britons in the country from Tokyo to Hong Kong.
U.S. stocks declined to 2011 lows on Wednesday as worsening crisis at Japan nuclear reactor and weaker-than-expected housing data weighed on the sentiment.
The yen soared to a record high against the dollar on Wednesday as concerns escalated over a nuclear crisis in Japan, and investors nervously watched to see if Japanese authorities will step in to stem the currency's rise.
The Japanese yen surged to an all-time high against the US dollar late Wednesday (New York time) as it surged over 340 pips, or 4.2 percent, against the US dollar in a span of roughly 30 minutes.
The uprising against Libyan leader Moammar Gaddafi will be crushed within the next forty-eight hours as forces loyal to the government close in on the rebel stronghold of Benghazi in the eastern part of the embattled country, according to Gaddafi’s son.
The 9 magnitude temblor which hit Japan on Friday sent tremors across the global supply chain as companies dependent on Japanese exports fretted over supply disruptions.
