Apple Inc., which revolutionized the tablet market with its launch of iPad in April 2010, will be reportedly launching its new iPad 2 at an event in San Francisco, California on March 2 with a launch date on early April.
Futures on major U.S. indices point to a lower opening on Thursday as oil prices continued surge due to continued turmoil and violence in Libya.
The U.S. Food and Drug Administration (FDA) has cleared the first test for the preliminary identification of norovirus that cause the “stomach flu,” or gastroenteritis.
Ford Motors will recall 144,000 F-150 pickup trucks in the U.S. and Canada for potential airbag problems, the carmaker said in a statement.
Barack Obama not naming Muammar Gaddafi in his comments on Libya has raised question if the dictator has muted the US President blocking Americans evacuation in Tripoli.
A former Chinese central bank adviser and influential economist on Thursday called on East Asian economies to form a stronger alliance to deal with issues such as the United States' weak fiscal position.
President Barack Obama termed the Gaddafi's crackdown on protestors in Libya as outrageous and unacceptable and is looking at the full range of options to respond to the crisis.
US automaker, Infiniti, has announced the launch of a luxe hybrid priced at $53,700. The 2012 Infiniti M Hybrid (M35h), which will go on sale starting March 16, is the first V6 luxury performance driver's hybrid offering over 350 horsepower and 32 mpg fuel economy.
Influential arts and entertainment organization, Gen Arts, announced on Wednesday that the bankrupt company has re-launched itself through an acquisition by US-based Sandow Media.
Most Americans oppose laws that would take away the collective bargaining power of public employee unions, as in a proposal in Wisconsin that has sparked mass protests, as well as Ohio and other states, according to a USA Today/Gallup Poll released on Wednesday.
A Wikileaks document also reported that the Libyan government had received (and rejected ) investment offers from Bernard Madoff and Allen Stanford, two men were involved in huge Ponzi schemes.
Wall Street's financial giants continue to pose major risks to the U.S. economy, and must be broken up to avoid another meltdown, Kansas City Federal Reserve Bank President Thomas Hoenig said on Wednesday.
King Abdullah of Saudi Arabia - jointly the world's biggest oil producer alongside Russia, and so far immune to the civil unrest sweeping North Africa and the Middle East - returned from hospital treatment abroad to announce a near US$38 billion package of new housing projects, a 15% pay-rise across the board, and the kingdom's first-ever unemployment insurance.
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President Barack Obama and his administration have called unconstitutional a part of the 1996 federal law that calls the government to define marriage to be a legal union between one man and one woman. The administration will not defend Section 3 of the Defense of Marriage Act in two pending legal cases, U.S. Attorney General Eric Holder, said on Wednesday.
The price of oil crude oil futures touched $100 per barrel for the first time since October 2008 on deepening worries over the political chaos and violence in oil-rich Libya.
Inflation did not immediately follow because of the severity of the economic recession. However, as some economists correctly predicted, it was only a matter of time. In Europe, it's starting to heat up.
China may not have been first to a launch social networking site, but it might be first to float one. Renren.com is eyeing an initial public offering in New York. Owner Oak Pacific is thought to want a valuation of $500 million. The potential for new internet darlings is huge, if they can avoid some old-school problems.
Saudi King Abdullah returned home on Wednesday after a three-month medical absence and unveiled benefits for Saudis worth some $37 billion (23 billion pounds) in an apparent bid to insulate the world's top oil exporter from an Arab protest wave.
US “austerity is really foolish,” said famed economist and Nobel laureate Joseph Stiglitz in his office at Columbia University, in an interview with IBTimes.
A federal court is on the verge of throwing out a lawsuit filed by Maine homeowners facing foreclosure action against Ally Financial Inc.'s GMAC mortgage unit, which has been accused of wrongful foreclosure practices.
With Libya and Bahrain joining Tunisia and Egypt in the tally of revolting Middle Eastern states, RBC Capital Markets has considered what the fundamental and stock price impact could be on the Aerospace & Defense sector.
