Stock index futures signal further gains
NEW YORK Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.93 percent, Dow Jones futures up 0.81 percent and Nasdaq 100 futures up 0.98 percent at 5 a.m.
T-Mobile to Offer Samsung Galaxy S2, HTC Amaze 4G, but not iPhone 5 yet
While AT&T, Verizon and Sprint are nudging each other preparing for the upcoming iPhone 5, T-Mobile announced the availability of two 4G Android phones— Samsung Galaxy S2 and HTC Amaze 4G.
Euro zone struggles to stem crisis; Obama urges action
Euro-zone officials are working to magnify the firepower of the region's rescue fund, European Central Bank policymakers said on Monday, while President Barack Obama piled on pressure for Europe to staunch a sovereign debt crisis that threatens the world economy.
S&P sees liquidity strain for China developers
China's property developers are facing increasing liquidity pressure over the next six to 12 months and tightening credit conditions may see some cut prices, Standard and Poor's said on Tuesday.
World Stocks Rebound on Euro Bailout Hope
World stocks rose for a third straight session on Tuesday, with European shares up 2 percent, as investors took comfort from reports that officials were working to add to measures to calm the euro zone debt crisis.
Facebook Trashes 'Charging' Hoax: Will it Remain Free Always?
The continuing Web rumor about Facebook starting to charge users began with a hoax message rolling out and spreading virally, shortly after the site introduced the Timeline and Ticker, claiming that the users will have to pay for the new profile changes.
Analysis: Greentown woes reveal risks in China property boom
China is moving to choke off funding avenues to developers across the country, tightening or eliminating credit options in a bid to slow the rampant property market and bring down prices without sending the broader economy into a crash.
Asian Stocks, European Futures Jump on Hopes for Euro Zone Action
European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.
World stocks bounce on hopes for euro zone action
European stock index futures rose sharply on Tuesday, after Asian shares rebounded from multi-month lows and as the euro clung to gains on hopes that euro zone officials will act to corral Greece's debt woes and prevent a financial meltdown.
Lenovo in $300 million JV with Compal, shares jump
Lenovo Group Ltd, the world's No.3 PC brand, has entered into a $300 million venture with contract laptop PC maker Compal Electronics Inc in eastern China, the companies said, pushing their shares up sharply.
Galaxy Tab 8.9 to Ship on Oct. 2; Available for Pre-orders
Samsung is all set to ship Galaxy Tab 8.9 on October 2 and the company offered a glimpse of its new tablet on Monday.
Asian Stocks Rebound on Hopes for Euro Zone Plan
Asian shares rebounded and the euro clung to gains on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis.
Asian tech firms face stiff challenge in mobile systems
Mobile operating systems developed by Asia's top technology firms will at best only chip away market share from dominant leaders Google's Android and Apple's iOS.
G20 Seeks Ways to Boost Jobs in Face of Gloomy Outlook
G20 labor ministers meeting on Monday and Tuesday in Paris face the tricky task of trying to boost job creation in the face of a fast-deteriorating economic outlook without undermining already strained public finances.
EC pushes top four auditors to reform: report
The business model of the big four accounting firms of Deloitte , PwC , Ernst & Young and KPMG is under attack from the European Commission, the Financial Times reported on Tuesday.
Asian Stocks Gain on Hopes for Euro Zone Plan
Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.
Asia stocks gain on hopes for euro zone plan
Asian shares rose on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis, but the euro failed to hold on to all its gains.
Options open on ECB rate cut, October talk wild
European Central Bank officials said on Monday they were keeping their options for a rate cut open, lifting markets, even as Luxembourg's Yves Mersch warned speculation of a sharp move next month was wild.
After Facebook event, a dot-com boom-scaled party
When somebody who has been played by Justin Timberlake in a Hollywood movie decides to throw a party, the expectations are pretty high.
Apple stock falls on report of iPad supply slowdown
Apple Inc shares slipped on Monday following an analyst report that said the company was cutting orders from suppliers of parts for its iPad tablet.
Bill to crack down on cyber-bullies introduced in New York
New York State Senator Jeffrey Klein introduced a new cyber-bullying bill on Monday, saying outdated pre-digital harassment laws fail to punish bullies who use the Internet and smartphones to torment others.
JPMorgan Seeks to Move Lehman's $8.6 Billion Lawsuit
JPMorgan Chase & Co is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman's estate in the days leading up to its record bankruptcy.
Gleeful Boeing hands first 787 to Japan's ANA
Boeing Co workers presented the company's first 787 Dreamliner in the pouring rain to All Nippon Airways <9202.T> on Monday, capping nearly a decade of development of the world's most advanced jetliner.
Netflix signs pay TV deal for Dreamworks animation
Online video rental company Netflix Inc said it won pay TV rights to Dreamworks Animation movies starting in 2013, the first time a major Hollywood studio has chosen an Internet streaming player over a traditional cable channel.
ECB's Weidmann argues against preemptive action
Preemptively acting would reduce the pressure needed to get euro zone politicians to tackle the region's debt crisis, European Central Bank Governing Council member Jens Weidmann said on Monday.
Greece Races for Parliament Backing after IMF Talks
The Greek government began a race for parliamentary approval of a stepped-up austerity package vital to keep the debt-laden euro zone state afloat and buy time for Europe to approve new rescue measures.
ETF industry braces itself for transparency push
Top heavyweights from the $1.3 trillion exchange-traded fund industry are bracing themselves for a shift in how their fast-growing but relatively opaque products are marketed, distributed and regulated.
Berkshire Hathaway in surprise buyback; shares soar
Warren Buffett's conglomerate Berkshire Hathaway will launch a share buyback program, an unprecedented move from Buffett that comes after months of investor complaints that the stock is undervalued.
Merkin funds win dismissal of Madoff lawsuits
Three hedge funds run by New York financier and philanthropist Ezra Merkin won dismissal of civil lawsuits accusing them of being part of swindler Bernard Madoff's massive fraud.
Euro zone hope revives optimism on Wall Street
Stocks rose on Monday as sentiment swung toward hope that European officials would find a way to cut Greece's debt and shore up European banks.