Kodak may need patent sale, new debt to survive
Eastman Kodak Co spooked investors on Thursday by warning it may need to raise new debt or complete a multibillion-dollar patent sale to survive the next 12 months, sinking shares by as much as 11.7 percent.
Steve Jobs Biography Sells 379,000 Copies
First out October 24th, Walter Isaacson's biography on Steve Jobs has quickly climbed its way to the top as an instant best-seller.
Duqu hackers shift to Belgium after India raid
Hackers used a server in Belgium to collect data stolen from machines infected with the Duqu computer virus, after authorities shut down another rogue collection system in India, according to security experts.
Jefferies says has no meaningful Europe exposure
Jefferies, responding to its plunging shares and growing fear over its stability, said it had no meaningful net exposure to European sovereign debt and that it was, in fact, positioned to profit should credit quality there deteriorate further.
Fleet age a key factor in rising Transocean costs
The early move by Transocean Ltd into deepwater drilling is now translating into relatively higher costs for the industry leader as its rigs need to meet tougher regulatory standards for equipment.
Scott Walker Speech Disrupted by Occupy Chicago
Wisconsin Governor Scott Walker's scheduled speech in Chicago was disrupted by the Occupy Chicago protesters Thursday.
U.S. blames China, Russia for cyber espionage
China and Russia are using cyber espionage to steal U.S. trade and technology secrets to bolster their own economic development, which poses a threat to U.S. prosperity and security, a U.S. intelligence report said on Thursday.
ECB surprises with rate cut, cautious on bond buys
The European Central Bank cut interest rates by a quarter point to 1.25 percent in a surprise move on Thursday and President Mario Draghi said the euro zone could subside into a mild recession in the latter part of 2011.
Lingering anxiety curbs chain store gains
Sales at major U.S. retailers rose in October but not as much as Wall Street analysts had thought, showing that consumers are still anxious about the state of the economy as they begin their holiday shopping.
Cain Accuser Received $45,000 Settlement: More than 'Two or Three Months' of Pay
One of the two former National Restaurant Association employees who filed sexual harassment complaints against Herman Cain received a $45,000 settlement, substantially more than the two or three months' pay Cain recalled, Politico reported on Thursday.
BofA wanted to be transparent on debit card fee
Bank of America Corp , which earlier this week canceled plans to charge a $5 monthly fee to use a debit card after loud protests, was not sure how to implement the plan and disclosed it only in an effort to be transparent with customers, a bank executive said.
How Mariah Yeater Cornered Herself in Justin Bieber's Baby Mama Claim [PHOTOS]
Justin Bieber's paternity suit is throwing loyal Beliebers into madness, as a 20-year-old woman claimed that Bieber fathered her 3-month-old son.Mariah Yeater from California, who filed a paternity lawsuit against Bieber on Monday, has received numerous death threats by the Baby singer's fans.
Orbitz Q3 results, FY outlook strong; shares soar
Online travel agency Orbitz Worldwide Inc reported better-than-expected quarterly results, helped by growth in its non-air revenue, and raised its full-year revenue outlook, sending its shares up as much as 36 percent.
Duqu computer hackers shift to Belgium after India raid
Hackers have been using a server in Belgium to collect data stolen from machines infected with the Duqu computer virus, after authorities shut down another rogue collection system in India, according to security experts.
Greece could not exit euro without leaving EU
If Greece decided to leave the euro, it would also have to quit the European Union, according to the terms of the EU's treaties, the European Commission said on Thursday.
'Phoenix Jones', Seattle Superhero, Loses Job Following Arrest
Phoenix Jones, the Seattle superhero, loses job following his arrest last month.
IMF backs ECB move, Greek aid tied to country
The IMF said on Thursday it backs the European Central Bank's interest rate cut and its aid to Greece is tied to the country, rather than a specific government, and would continue as long as its terms were met.
CVS Caremark's higher profit tops expectations
CVS Caremark Corp posted a bigger-than-expected rise in quarterly profit on Thursday as its pharmacy benefits business improved, and it expects this year's profit to be at the higher end of its prior forecast.
Freddie Mac reports loss, seeks $6.0 billion
Mortgage finance giant Freddie Mac said on Thursday it will seek an additional $6 billion from U.S. taxpayers following its worst quarterly loss this year.
Amazon’s Lending Library, Kindle Just Got Sweeter?
Amazon's new Kindle Owner's Lending Library will let Amazon Prime members borrow e-books on their Kindle devices.
Analysis: Economy's shifts erode states' tax bases
State governments across the United States are just a few months into their fiscal years and already many fear that tax revenues are running short of forecasts.
Bachmann Says She Would Repeal Popular Medicare, Medicaid Programs
Michele Bachmann is calling for the repeal of parts of President Lyndon B. Johnson's Great Society, including the extremely popular Medicare and Medicaid programs.
New Subscribers Help Prop DirecTV Earnings
DirecTV's net income boomed in the third quarter after adding on a significant number of subscribers in both Latin America and the United States.
Wall St rises on Greece hopes, ECB rate cut
Stocks rose in a volatile session on Thursday on hopes Greece's political and financial situation would become clearer and after a surprise interest rate cut in Europe boosted sentiment.
Euro zone crisis: As it happens
Here is a snapshot of the euro zone crisis as G20 leaders meet in Cannes.
Kodak survival depends on patent sale or new debt
Eastman Kodak Co warned on Thursday that it must raise $500 million in new debt or complete a multibillion dollar patent sale to survive the next 12 months.
WebMD shares crash on weak outlook
Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.
WebMD crashes on weak outlook
Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.
Service sector growth slows, factory orders up
U.S. service sector activity growth eased in October to its slowest level in three months, but new orders for good from factories unexpectedly rose, suggesting economic growth remains patchy.
RIM says India head leaves firm
Research In Motion's Indian unit said on Thursday its managing director Frenny Bawa has left the company to pursue other interests and the BlackBerry-maker has appointed an interim head for the country's operations.