Groupon shares mobile location plans with Congress
Groupon Inc disclosed some details of its plan to offer location-based offers through mobile phones when the largest daily deal company responded on Thursday to Congressional questions about its privacy policies.
Beaten-down Wall Street tanks on recession fears
Wall Street sank in volatile trading on Thursday, with the S&P 500 down more than 4 percent as weak U.S. economic data pressured markets already beaten down by renewed fears about the health of European banks.
Analysis: What do interest-rate lows mean for borrowers?
As the stock market plummeted yet again on Thursday, interest rates on 10-year Treasury notes dipped below 2 percent for the first time ever.
Analysis: UK social media controls point to wider info war
British Prime Minister David Cameron's flirtation with the idea of social media censorship controls after recent riots might only be the beginning.
HP stuns Street with Autonomy offer, spinoff plans
Hewlett-Packard Co wants to buy Autonomy Corp for $10.3 billion and is pondering a spinoff of its personal computing arm, setting in motion a transformation that mirrors IBM's successful overhaul last decade.
Manufacturing gauge drops to 2-1/2 year low
Factory activity in the U.S. Mid-Atlantic region slumped to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, dampening hopes for a quick revival in economic growth.
HP close to buying Autonomy for $10 billion: report
Hewlett-Packard Co plans as soon as Thursday to announce a $10 billion acquisition of British software company Autonomy and a spinoff of its personal computer business, the world's largest, Bloomberg reported.
HP plans PC spinoff, eyes Autonomy, halts webOS
Hewlett-Packard Co is in talks to buy British software company Autonomy and is pondering options for its personal computing division including a spinoff, as the tech giant steps up an overhaul aimed at rekindling growth.
Verizon Strike 2011: Unions Bring Their Demands to Homes of Verizon Execs
While no deal has been reached yet, Verizon workers left the sidewalks of the telecom company's headquarters and took their strike to the homes of Verizon's top executives, Chairman Ivan Seidenberg and Chief Executive Officer Lowell McAdam, this week.
GameStop's profit beats Street, shares recover
GameStop Corp said its growth this year will be driven by a strong holiday lineup and customers buying used games to save money, which sent its shares higher after an initial drop on Thursday.
Murdoch did not cover up Goodman details: law firm
News Corp executive James Murdoch did not try to cover up the truth by blacking out sections of an incriminating letter written by disgraced News of the World royal reporter Clive Goodman, lawyers acting for the company said on Thursday.
Bloomberg Defeats Moms: NY Judge Dismissed Discrimination Suit
It was a sweet court victory for New York Mayor Michael Bloomberg when a federal judge dismissed claims against his namesake company Bloomberg LP for discriminating against pregnant women and new mothers.
Mosquitoes' Resistance to Insecticide Prompt Worries about Malaria Relapse
Mosquitoes quickly develop resistance to insecticide-treated nets, raising alarm that the method of malaria prevention is not effective, a study from Senegal found. Researchers who studied malaria infections there found that Anopheles gambiae mosquitoes, the species responsible for malaria in Africa, are growing resistant to a common type of insecticide.
Tech Data Q2 beats, sees steady demand
Tech Data Corp reported a quarterly profit that handily beat expectations on stronger foreign currencies and a 30 percent growth at its European business, and forecast a mid-single digit sales growth for the third quarter.
U.S. regional factory plunges to 2-1/2 year low
Factory activity in the U.S. Mid-Atlantic region plunged to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, stoking concerns that risks of recession are growing.
Bond yields plunge as economy fears mount
Treasury prices soared on Thursday and benchmark 10-year note yields fell below 2 percent for the first time as global economic fears sent investors scrambling for safe-haven government debt.
BREAKING: Hewlett-Packard To Discontinue Touchpad, WebOS Devices
Less than two months after its release, HP is dropping the TouchPad and other WebOS devices.
Market Crash: Are the Days of 'Star Traders' Over?
Barclays fired one of its star commodities traders yesterday, marking what could be the end of an era.
Ceglia ordered to give files, emails to Facebook
Facebook Inc has won access to computers, files and emails it hopes will prove an upstate New York man's claim to own half of founder Mark Zuckerberg's stake in the world's largest social networking company is a fraud.
Forest Labs fends off Icahn at annual meeting
Forest Laboratories Inc won its showdown with activist investor Carl Icahn on Thursday, saying shareholders backed the company's slate of 10 board members over nominees proposed by the billionaire.
Regional factory activity hits 2-1/2 yr low
Factory activity in the Mid-Atlantic region slumped to a nearly 2-1/2 year low in August and home resales unexpectedly dropped last month, dampening hopes for a quick revival in economic growth.
Analysis: Brazil's economy goes from great to good
Brazil's long boom appears to be over.After several dynamic years that saw it earn a reputation among some Western investors as the near China, Brazil now looks to be downshifting into a pattern of economic growth of around 3 percent to 4 percent for the foreseeable future.
Fed treating U.S., foreign banks the same: Dudley
One of the U.S. central bank's most influential policymakers said on Thursday the bank is always scrutinizing banks and that it treats U.S. and European banks exactly the same.
Climate Change Causes Species to Shift Habitats: Study
The Earth's rapid warming has shifted the climate in many areas, prompting species to shift with it, a variety of studies suggested. Most of these studies looked at a limited number of species or narrow geographic region, which means that there isn't a clear global picture yet.
U.S. bond yields plunge as investors flood debt
U.S. Treasury prices soared on Thursday and benchmark 10-year note yields fell below 2 percent for the first time as global economic fears sent investors scrambling to safe haven government debt.
Analysis: Emerging powerhouses can't save the world
Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth.
Hazy Photo May Show iPhone 5 Release Date is Impending
A new photo has emerged that may be proof the iPhone 5 is close to its release date.
Emerging powerhouses can't save the world
Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth.
News Corp executives mull chance James Murdoch may leave
News Corp's senior management is starting to think about what the company might do if James Murdoch stepped aside, sources inside and close to the global media empire said.
Kerkorian sheds 20 million MGM shares; stock tumbles
Billionaire investor Kirk Kerkorian's Tracinda Corp disclosed in a filing that it sold 20 million shares in gambling and resort operator MGM Resorts International on Wednesday, leaving it with a 22.8 percent interest.