UNITED STATES

Stock index futures pointed to a higher opening for Wall Street on Wednesday, as investor confidence was boosted by results and an upbeat outlook statement from chipmaker Intel .

British luxury goods group Burberry met forecasts with a 4 percent fall in first-quarter underlying revenues and said on Wednesday it was taking market share in a tough trading environment.

British luxury goods group Burberry met forecasts with a 4 percent fall in first-quarter underlying revenues and said on Wednesday trading conditions remained challenging.

Global stocks rose to their highest level in nearly two weeks on Wednesday as blockbuster results from major firms such as tech bellwether Intel Corp underpinned appetite for riskier assets.

Calpers, the biggest U.S. public pension fund, has filed a suit in a California state court in connection with $1 billion in losses that it says were caused by inaccurate credit ratings from the three leading ratings agencies, The New York Times reported.

Asian share markets gained for a second session on Wednesday as blockbuster results from tech bellwether Intel Corp seemed to augur well for the U.S. earnings season and for consumer demand globally.

Asian share markets gained for a second session on Wednesday as blockbuster results from tech bellweather Intel Corp seemed to augur well for the U.S. earnings season and for consumer demand globally.

U.S. asset manager Franklin Resources Inc has dropped out of a consortium negotiating to buy American International Group Inc's asset management unit, a source familiar with the matter said on Tuesday.

It took a child to stump the creators of the Blackberry, one of the world's top selling smartphones and a part of most executives' attire.

A Los Angeles blogger who leaked new Guns N' Roses songs on the Internet before their official release on the band's first new album in 17 years, was sentenced to two months of home confinement on Tuesday.

Former General Motors Corp Chairman and Chief Executive Rick Wagoner, ousted in March by the Obama administration, will voluntarily retire on August 1 with sharply reduced benefits, the company said on Tuesday.

Former General Motors Corp Chairman and Chief Executive Rick Wagoner, ousted in March by the Obama administration, will retire in August with a package worth $8.6 million in the first five years, the company said on Tuesday.

A Vietnamese security researcher said they discovered the IP address of the master server which was used in attacking the United States and Korean government agency.

The U.S. Patent and Trademark Office on Tuesday tentatively invalidated several Rambus Inc patents key to the microchip designer's disputes against graphics chip maker Nvidia Corp.

A experimental drug being developed by Roche blocks a common biological pathway linked to the spread of many cancers and has proved highly effective in mice, scientists said on Wednesday.

MetLife Inc, the largest American life insurer, said on Tuesday that it plans to combine some U.S. businesses as part of a revamp it undertook to increase growth opportunities.

Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) on Tuesday portrayed its energy trading as hedging that should be exempt from proposed U.S. government limits on the volume of contracts that speculators can trade.

Yum Brands Inc , parent of the Taco Bell, Pizza Hut and KFC chains, cut its full-year forecast for sales on weakness in its two biggest markets, the United States and China, and its shares fell 3.9 percent.

CIT Group Inc and government officials remained locked in talks on Tuesday as the lender to thousands of small businesses pushed for government aid in its fight to survive.

The U.S. Senate Environment and Public Works Committee chaired by Democrat Barbara Boxer held two separate hearings on climate change legislation today. Crude oil inventories fell by 1.16 million barrels last week. Exxon Mobil Corporation will invest more than $600 million to develop biofuels from photosynthetic algae

U.S. stocks managed modest gains on Tuesday as better-than-expected corporate profits overshadowed concerns about weak consumer demand.