S&P 500 near flat while debt issue drags on
Stocks were near flat on Tuesday as ongoing concern about a stalemate in the U.S. debt talks offset healthy earnings from corporations.
Amy Winehouse: U2's Song Dedication Came a Little Too Late [VIDEO]
Amy Winehouse's funeral was today, but U2 dedicated "Stuck In A Moment" to the late Winehouse on Saturday night in Minneapolis.
Debt fears haunt Fiat's grand Chrysler plan
Concern over Fiat SpA's ballooning debt dragged its stock lower on Tuesday as the Italian carmaker moved a step closer toward a full merger with Chrysler Group LLC by outlining plans for a single management team.
Facebook tweaks face-recognition after complaints
Facebook has made it easier for users to opt out of its controversial facial-recognition technology for photographs, an effort to address concerns that it had violated consumers' privacy.
Apple Lowers iPad 3 Costs, Possibly Fearing Barrage of Cheaper Android Tablets
It is apparent that the tablet market has exploded with devices offering a variety of options from screen display resolution, size, weight, touch sensor, connectivity features, processor speeds, materials, and drivers. Apple recognizes the competition coming from Android's mass producing line of tablets and has taken steps in lowering its pricing structure. Apple has been reported to be utilizing circuit suppliers in Taiwan in an attempt to lower costs for building an iPad 3 unit, possibly ...
InterDigital files Nokia, Huawei complaint
InterDigital Inc has filed a complaint at the U.S. International Trade Commission against Nokia, Huawei Technologies Co Ltd and ZTE Corp accusing the cellphone makers of infringing seven InterDigital technology patents.
Kim Kardashian Turns Psoriasis into Publicity [PHOTOS]
Kim Kardashian has discovered that she has psoriasis.
The Bachelorette Down to the Final Two
This week?s episode sees one of the contestants leaving and another turning up
Instant view: Consumer confidence ticks up in July
Consumer confidence edged higher in July as jitters over the outlook eased, though consumers remained gloomy about their current situations, according to a private sector report released on Tuesday.
Ford profits despite economy, rising costs
Ford Motor Co's profit held up well in a second quarter marked by the impact of Japan's earthquake, the shaky U.S. economy and high commodity costs, but the automaker remained cautious about consumer demand going forward.
BP fails to convince investors on strategy
BP Plc Chief Executive Bob Dudley's pledge of strong long-term growth failed to reassure investors concerned about the company's post-oil spill strategy and second-quarter results well shy of forecasts.
Netflix Shares Tumble Following New Price Increase
Netflix's shares drop after analysts question its future following a new price increase.
140,000 Petitioners Touched Court Ruling
More than 140,000 petitioners on change.org pleaded for the mercy of the Cobb County State Court on a hearing Tuesday over the sentencing of a woman whose 4-year-old son was killed in 2010, jaywalking before dusk across a road to their home, from which the closest crosswalk was more than 1500 feet away.
Lawmakers head for showdown in debt crisis
President Barack Obama's Democrats and their Republican rivals on Tuesday headed for a showdown over competing debt plans one week before a deadline for averting a potentially disastrous U.S. default.
South African Man Wakes Up Inside Morgue Fridge
After being reported dead by his family, a 50-year-old South African man was shut in a morgue fridge Sunday in the small town of Libode in the rural Eastern Cape. But after a 21-hour slumber he suddenly came back to life.
McDonald?s Reduces French Fries & Adds Fruit to Happy Meals
McDonald's has decided to make its popular Happy Meals healthier by adding fruit or veggie to the meal and decrease the portion of French Fries, the company announced today.
Religious groups set prayer vigil for U.S. debt deal
Across the street from the U.S. Capitol in the small north lawn of the United Methodist Building, Christians, Muslims and Jews will pray on Tuesday for the country's budget, and hope to teach Republicans and Democrats a lesson in compromise.
Top general warns against deep defense cuts
The nominee to be the next top U.S. military officer warned on Tuesday that cutting security spending by $800 billion or more as part of deficit reduction measures would be "extraordinarily difficult and very high risk."
Dollar, Stocks Slip on Debt Fears
The dollar fell on Tuesday as U.S. lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
Chinese Officials Start To Shut Down Fake Apple Stores
The most recent fake store in Kunming, China was stumbled upon by a 27-year-old American blogger living in the city, the capital of China's mountainous southwestern Yunnan province, complete with the white Apple logo, wooden tables and cheery staff claiming they work for the iPhone maker, while the Chinese government has launched an investigation into fake Apple stores that have popped up around the southwestern city of Kunming.
How to avoid an inheritance battle
We've all read about huge family fortunes squandered in legal battles between siblings after the patriarch or matriarch dies. While most of us wouldn't make national headlines regarding our estate planning matters, the pain and destruction of inheritance feuds can be minimized if not totally avoided.
Motorola bid to dismiss 3G phones lawsuit fails
Motorola Solutions Inc lost a bid to dismiss a class-action lawsuit accusing it of misleading shareholders about deteriorating prospects for its cellphone business, resulting in investment losses.
InterDigital files Nokia, Huawei, ZTE complaint
InterDigital Inc has filed a complaint with the U.S. International Trade Commission against Nokia Corp, Huawei Technologies Co Ltd and ZTE Corp accusing the cellphone makers of infringing seven InterDigital technology patents.
Snapshot: Developments in debt talks
Here is the situation on Tuesday as lawmakers try to close in on a deal to raise the $14.3 trillion U.S. debt limit by August 2 and avoid a federal credit default:
Lawmakers head for showdown over debt
President Barack Obama's Democrats and their Republican rivals on Tuesday headed for a showdown over competing debt plans one week before a deadline for averting a potentially disastrous U.S. default.
Wariness on debt issue keeps volume thin; 3M down
Stocks continued to face headwinds on Tuesday from the ongoing stalemate in Washington over raising the debt ceiling, with light volume showing the gridlock in Washington has made investors nervous.
KenolKobil posts 86 pct H1 pretax profit jump
Kenyan fuel marketer KenolKobil posted an 86 percent jump in first-half pretax profit to 3.22 billion shillings on Tuesday, helped by a 38 percent rise in sales and lower distribution costs.
Safran completes $1 billion face-recognition deal
France's Safran has completed a $1 billion purchase of U.S. face-recognition software maker L-1 Identity Solutions and said it was now the world leader in biometric identification.
Debt fears overshadow Fiat's raised profit target
Concern over Fiat SpA's ballooning debt dragged its stock lower on Tuesday, overshadowing the forecast-beating quarterly results that prompted the Italian carmaker to raise its full-year targets.
Home prices unchanged in May: S&P/Case-Shiller
Single-family home prices were unchanged in May, the first time in nearly a year they have not fallen on a monthly basis, though prices were still down compared to a year earlier, a closely watched survey said on Tuesday.