Apple Inc sued Taiwan's HTC Corp, which makes touchscreen smartphones using Google software, accusing it of infringing 20 hardware and software patents related to the iPhone.
Suicide bombers struck Iraq Wednesday just days before a national election, killing 33 people and wounding 55 as the war-scarred nation seeks to cement its frail democracy before a U.S. troop pullout.
President Barack Obama said on Wednesday it is time to pass his sweeping healthcare overhaul using only a slim Democratic majority in Congress if necessary, saying the issue is too important to be delayed by politics after a year of debate.
U.S. stocks lost gains and were trading little changed on Wednesday as the White House stepped up its efforts to overhaul healthcare and bank regulation, sparking concerns about the potential impact on profits in those sectors.
The following is a transcript of President Barack Obama's prepared statement for a speech on health insurance reform on Wednesday where he urges members of Congress to pass bill within the next few weeks after a year of debate.
The S&P 500 Index pared morning gains as health care stocks drag down the index after President Obama's remarks on efforts to pass the health care hill.
President Barack Obama on Wednesday called for Congress to decide upon health insurance reforms with an up-or-down vote in the next few weeks, the clearest indication yet that he favors passing a bill through the reconciliation process.
The U.S. economy will recover slowly and the unemployment rate will take some time to come down, Atlanta Federal Reserve Bank President Dennis Lockhart said on Wednesday.
General Growth Properties Inc said on Wednesday it was ready to give suitors information, as it squared against creditors at a hearing over how much time it should be allowed to be the only party that can file a reorganization plan.
Taiwanese smartphone maker HTC defended itself against a brought on by Apple yesterday, saying it doesn't infringe, but develops its own technologies.
Hybrid and electric cars are the stars of motor shows, but the expensive technologies could take a decade to really hit European roads as automakers improve petrol and diesel cars to meet short-term emissions targets.
U.S. stocks rose on Wednesday after data on U.S. private employment and the vast services sector reassured investors nervous about the pace of economic recovery.
A former Atheros Communications Inc executive pleaded guilty on Wednesday to conspiracy and fraud charges in the Galleon hedge fund insider trading case.
A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp , while BJ's Wholesale Club Inc faced pricing pressure from rival supermarket chains.
U.S. private employers eliminated fewer jobs last month, suggesting the job market may be on the mend, while the U.S. services sector grew at its fastest pace since the recession began.
U.S. private employers eliminated fewer jobs last month, suggesting the job market may be on the mend, while the U.S. services sector grew at its fastest pace in more than two years.
A new consumer protection agency is an urgent need as the United States seeks better financial regulation but putting it in the Federal Reserve is unacceptable, George Soros, chairman of Soros Fund Management, said on Wednesday.
The U.S. stock market rose on Wednesday after positive developments from Greece and encouraging U.S. economic data.
Stocks rose on Wednesday after data on the labor market and the U.S. services sector encouraged investors who had been uncertain about the pace of economic recovery.
U.S. employers shed 20,000 private-sector jobs in February according to a report by ADP on Wednesday, fewer than the 60,000 jobs lost in January and inline with analysts' expectations.
General Motors Co is giving responsibility for U.S. sales to North America President Mark Reuss.
Low U.S. interest rates were not the sole cause of the housing bubble, a top Federal Reserve official said on Wednesday, adding that ultra-low interest rates are appropriate now.
