Kraft profit tops estimates; lifts 2011 view
Kraft Foods Inc reported higher-than-expected quarterly profit and raised its full-year outlook, citing strong sales trends around the world.
News Corp focuses on cable profits, not hacking
News Corp tried to focus attention on its strong quarterly business performance on Wednesday and away from the ongoing fallout from the phone-hacking scandal at its UK newspaper unit, which has rocked the company since it erupted in July.
Occupy Oakland’s General Strike Today, Other Sites Stand in Solidarity
Beginning at 9am, Occupy protestors gathered at the Frank Ogawa Plaza in Oakland on Wednesday. Around downtown and City Hall, traffic was blocked and ATMs were defaced in anger as the crowd marched through the branches of major banks.
Qualcomm Q4 revenue beats estimates
Chipmaker Qualcomm Inc forecast double-digit sales growth this fiscal year as its quarterly results beat Wall Street estimates due to strong demand for its cellphone chips.
UK says governments' Internet power grab will fail
Attempts by China, Russia and others to gain more control over the Internet are doomed to failure, Britain said on Wednesday, after hosting a major conference on cyberspace that it said sent a clear signal to authoritarian governments.
Kraft profit rises; lifts full-year outlook
Kraft Foods Inc reported higher quarterly profit and raised its full-year outlook on Wednesday, citing strong sales momentum.
THQ widens losses, sales beat Street
Video game maker THQ Inc posted a bigger loss than a year earlier but its quarterly sales beat Wall Street expectations as its Warhammer shooter title performed well in September.
Motiva loses Wii infringement case against Nintendo
Nintendo Co has won a preliminary ruling that it did not infringe two patents owned by a tiny company called Motiva LLC in making its popular Wii, according to an initial ruling issued on Wednesday.
MasterCard hits all-time high on strong growth
MasterCard Inc reported sharply higher third-quarter profit on Wednesday, easily beating Wall Street estimates on double-digit increases in volumes.
News Corp. Reports Solid Profits Despite Scandal
Despite a tumultuous several months for News Corporation, the company's financial picture for the first quarter beat analyst estimates.
Wall St. on edge over Greece, Bernanke soothes
Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe's debt crisis.
NASA Researchers Investigate Tractor Beam Technology
Three NASA scientists have been given the go ahead to work on the science fiction invention. Tractor beams will we used to collect interstellar particles but is light years away from .
Parents Help Kids Lie to Get on Facebook
A lot of parents keep their under-aged kids off Facebook, but some still encourage and help their 12-year-olds create accounts. A new study surveying parents found that more than half (55 percent) of them were aware of their 12-year-old's accounts.
San Andreas Returns in 'Grand Theft Auto V' Trailer
RockStar Entertainment released the trailer for the new 'Grand Theft Auto V.' Though it is pretty it still doesn't tell us much about the game's story or gameplay it seems to be set in Los Santos from Grand Theft Auto: San Andreas.
Exclusive: Groupon IPO could price $1-$2 above range
Groupon Inc could price shares in its initial public offering $1 or $2 above the current range of $16 to $18 per share, according to two investors who said they spoke with the lead underwriters on Wednesday.
Highlights: Bernanke news conference on Fed policy
Below are highlights from Federal Reserve Chairman Ben Bernanke's news conference following the Fed's policy meeting on Wednesday.
France, Germany demand quick Greek decision on euro
Germany and France pressed Greece on Wednesday to make up its mind fast whether it wants to stay in the euro zone after a shock decision to call a referendum on an EU/IMF bailout caused panic on global markets.
Stores let Facebook complaints go unanswered
Store chains use Facebook pages to reach out to customers, but when customers reach back with complaints, many go unanswered, a new study shows.
Fed lowers GDP forecast, mulls more action
The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery.
News Corp profit beats because of cable fees
News Corp reported a better-than-expected quarterly profit because of cable television and Fox broadcast network fees, even as the family-controlled company grapples with questions of who will lead it once Rupert Murdoch steps aside.
In God We Trust: Why a Resolution Now?
In God We Trust was officially reaffirmed as the official national motto of the United States on Wednesday by the House of Representatives. Why did the Republicans bring this vote up now, and was it a good idea?
Nurses Join “Occupy” Protests, Despite Above-Average Wages
Hospital association says strikes harm patients.
Private sector adds jobs, slow growth seen
Private employers added more jobs than expected last month, though the lack of robust labor market growth reinforced the Federal Reserve's view that economic progress will likely be frustratingly slow.
Wall Street on edge over Greece but Bernanke soothes
Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe's debt crisis.
Apple loses tablet case against small Spanish firm
A small Spanish tablet maker has won a patent infringement battle with Apple Inc in a rare victory against the U.S. company in its global defense of markets for its iPads, a court document showed on Wednesday.
Regulators pushed MF Global on risky bets months ago
U.S. regulators started raising concerns about MF Global's European sovereign debt exposure as early as June, according to a source familiar with the matter, four months before the company's collapse into bankruptcy.
Small chipmakers see macro economy hurting Q4
Smaller chipmakers warned of tough times ahead for the sector as macroeconomic uncertainties squeeze customer spending, echoing sentiments expressed by larger rivals such as Texas Instruments last month.
Eddie Redmayne nabs role in Les Miserables
He can seduce Marilyn Monroe, but can he sing?
Noomi Rapace re-teaming with Dragon Tattoo director
Noomi Rapace will re-team with Niels Arden Oplev, the Danish director who guided her career-making performance as the prickly hacker at the center of The Girl with the Dragon Tattoo.
AFM kicks off with 415 films and more buyers
This year's American Film Market kicks off in Santa Monica Wednesday with 10 percent more buyers than last year and 415 films up for grabs.