VeriFone Systems Inc
posted better-than-expected quarterly results and raised its full-year outlook as it ropes in more customers for mobile payment technologies.Yahoo Inc Chief Executive Carol Bartz was fired by the company's board, sources familiar with situation told Reuters on Tuesday.
Sprint Nextel sued to stop AT&T Inc's $39 billion purchase of T-Mobile USA, staking out its own private antitrust claims alongside the government's challenge to the deal.
Bank of America Corp said its consumer banking chief, Joe Price, and wealth management head, Sallie Krawcheck, will leave the company as part of a broad management reorganization.
EBay Inc hired former Thomson Reuters Corp executive Devin Wenig as president of its global marketplaces unit, the online commerce and auction site's largest division.
Black box computer hedge funds and managers who bet on global markets were likely among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's safe haven status.
Next Jump Inc has agreed not to contact Borders Group Inc's customers or operate its website, resolving Borders' bid for an injunction over trademark infringement allegations against the marketing engine.
Private equity company Carlyle Group filed for an IPO on Tuesday, a long-awaited move to catch up with rivals Blackstone, KKR and Apollo, but the volatility of global markets means an offering is unlikely until the first half of 2012.
A previous article looked at 10 positions that could make Perry unelectable once he has to win over the general electorate rather than just Republican voters. On the flip side, here are five reasons he could have a good chance.
Dutch telecoms firm KPN said on Tuesday its IT unit, Getronics, has won new business from customers after hackers stole security certificates from Dutch IT firm DigiNotar, a business rival.
According to the latest POLITICO-George Washington University Background Poll, the political environment is very poor for both President Obama and Congressional Democrats.
The dominant services sector picked up steam unexpectedly last month, snapping a three-month streak of slower growth, though a slower pace of hiring underscored concerns about the broader job market.
Wall Street fell for a third day on Tuesday on fears Europe still has failed to tackle its debt crisis, prompting worries the market is headed to new lows for the year.
JPMorgan Chase & Co and Bank of America led bank stocks lower on Tuesday after mortgage lawsuits filed late on Friday aggravated investor fears that the biggest banks could face massive legal liabilities.
With the price of gold at a record high, thieves are increasingly targeting the valuable commodity, the Associated Press reported.
Teenagers hung out on street corners and on the steps of boarded-up buildings in impoverished downtown Newburgh one blisteringly hot August day this year.
Increases in the frequency and severity of natural disasters, in addition to the fact reinsurers are trading below book value, have made investors unwilling to inject capital into struggling reinsurers in the event of another loss-making event, Standard & Poor's (S&P) said on Tuesday.
What's up next for former Alaska Gov. Sarah Palin regarding the 2012 presidential election? More than likely, Palin won't run, but won't state that until absolutely necessary.
JPMorgan Chase & Co, the second largest U.S. bank by assets, led a broader decline in bank share prices, as investors feared lenders face a growing list of lawsuits due to problem mortgages.
Wall Street stocks tumbled for a third session on Tuesday on rising concerns about the euro zone's debt crisis and the outlook for the global economy.
Traditionally recession-proof, U.S. industrial distributors such as WW Grainger Inc and Fastenal Co are looking to make deals and expand their product range to take advantage of the market slowdown.
Wall Street stocks tumbled on Tuesday on rising concerns the euro zone's debt crisis could hurt the global economy.
The pace of expansion in the services sector unexpectedly accelerated in August, snapping a three-month streak of slower growth, according to an industry report released on Tuesday.
The Swiss National Bank shocked markets on Tuesday by setting an exchange rate cap on the soaring franc to stave off a recession, discouraging investors anxious about flagging global growth from using the currency as a safe haven.
Amazon.com Inc is stepping up social media efforts after the largest Internet retailer partially missed one of the hottest technology trends of recent years.
One of the hottest gadgets that emerged from the IFA technology show in Berlin is the Samsung Galaxy Tab 7.7. The device, which Samsung was forced to pull from the IFA 2011 show following a preliminary injunction issued by a German court, is hugely shaping up to be the strongest rival to Apple iPad 2.
Investors who followed Warren Buffett's lead on Bank of America Corp are back to where they started.
The New York Stock Exchange and NYSE Amex Cash Markets invoked a rule to smooth trading at the market open on Tuesday as futures pointed to a sharp drop in the major indexes.
Many jittery hedge funds are clinging to core stock holdings in the hope that a rebound in equity markets in the final four months of the year will save the $2 trillion industry from its second calendar year of losses in just four years.
Europe's banks are facing more government-prescribed mergers and further measures to strengthen capital, as the region's inability to end its debt crisis makes investors wary of shoveling more money into lenders.
