Firm yuan to help rebalance China economy: IMF's Lipsky
The International Monetary Fund on Thursday urged China to allow the yuan rise further to rebalance its vast economy, and called for freer use of the currency in global trade and commerce.
Coupons.com raises $200 million in private round
Digital-coupon business Coupons.com said it had raised $200 million from institutional investors, underscoring the tremendous investor appetite for businesses that help consumers find bargains using the Internet.
Reports: Ford India to set up new plant in Gujarat, invest 50 billion rupees
US car major Ford Motors is planning to invest 50 billion rupees to set up a three-lakh-cars-per-annum plant in Gujarat, according to various media outlets.
GM to invest $49 million on Bedford Powertrain; to create 91 jobs
General Motors will invest $49 million to purchase tooling and equipment for the Bedford Powertrain plant and create 91 jobs, the carmaker said in a statement.
Wii U: Nintendo President Says Inviting to All Kinds of Gamers
The experience enabled by Wii U and the new controller takes players deeper into their games, while reaching out wider than ever before to be inviting to all kinds of gamers, Nintendo President Satoru Iwata said while introducing Wii U, the successor of its worldwide mega-hit video game console.
Citi confirms data breach at Citi Account Online
Citigroup Inc confirmed a computer breach at Citi Account Online, giving hackers access to the data of hundreds of thousands of bank card customers.
Judge signals OK of Wells Fargo gender bias accord
A federal judge signaled that she would approve a settlement calling for Wells Fargo & Co to pay $32 million to about 1,200 female brokers who claimed they were paid less than men and denied promotions because of their gender.
Citi breach may have compromised customer data: report
Citigroup Inc has acknowledged that a computer breach may have given hackers access to the data of hundreds of thousands of bank card customers, the Financial Times reported on Thursday.
Facebook Friends Tattoo was Hoax [VIDEO]
A Youtube video that went viral on the internet showing a women with a tattoo of 152 Facebook friends on her arm turned out to be a hoax.
Delta to Pay back $175 million in Minnesota
Delta will now have to pay back $175 million dollars in loans that was used to help Northwest Airline's training center because Delta is moving the facilities to Atlanta, Georgia, Delta's home.
Sony sees brisk sales of new games device
Sony Corp expects its new PlayStation Vita handheld games device to sell faster than its predecessor, despite the explosive growth of mobile gaming on smartphones and tablets.
Solar Flare 2011: May Be Coming Tonight To Earth
There is a 25 percent of the Northern Lights being visible tonight on Earth because of the Solar Flare and coronal mass ejection that occurred yesterday.
Apple iOS 5 hacked within 48 hours of its launch
A hacker has exploited the vulnerability of iOS 5 by hacking into the newly launched, but not yet released, mobile operating system.
Videogame publishers in surprise move back Nintendo
The world's biggest video game publishers, in a surprise move after years of rocky relations with Nintendo, threw their weight behind the Japanese company's new Wii U console this week.
China warns U.S. debt-default idea is playing with fire
Republican lawmakers are playing with fire by contemplating even a brief debt default as a means to force deeper government spending cuts, an adviser to China's central bank said on Wednesday.
U.S. online poker case defendant denied bail
One of several men accused of helping online poker websites dodge U.S. gambling laws lived in Central America for years to avoid a telemarketing fraud charge and was preparing to flee to Thailand before his arrest, a U.S. prosecutor said on Wednesday.
Apple Says Goodbye To DUI Checkpoint Apps
Apple updates its guidelines to prohibit DUI checkpoint evasion apps.
SEC seriously looking at cybersecurity
Securities and Exchange Commission Chairman Mary Schapiro said this week she will seriously consider issuing additional guidance outlining when public companies should disclose cybersecurity breaches.
Capcom sticks to its guns in transition to Smurfs
Sticking power was what helped Japan's Capcom, best known for macho games like Street Fighter and Resident Evil, break out of its niche and score an international smartphone hit with the gentler Smurfs' Village, the company's president said in an interview.
EBay seeks acquisitions to speed impulse buys
EBay is hunting for acquisitions to speed up its development of image recognition and augmented reality features as the online retailer and auctioneer seeks to capitalize on the potential of mobile phones to help consumers make impulse purchases.
U.S. urges code of conduct for Internet commerce
Companies using the Internet to do business should adhere to a code of conduct to reduce hacking and online theft, the Commerce Department said in a report issued on Wednesday.
Hacking crisis costs EMC reputation in security
A recent cyber breach at EMC Corp's RSA security division and a related attack at defense contractor Lockheed Martin Corp have damaged RSA's once-stellar reputation, according to industry experts.
Growth slowed in spring but didn't stall: Fed
Growth slowed in some U.S. regions during May as costlier food and energy as well as supply disruptions stemming from a major earthquake in Japan in March took a toll, the Federal Reserve said on Wednesday.
E3 Recap: Nintendo Left A Lot Of Questions Unanswered With Wii U
Nintendo is leaving E3 with more questions than answers.
GOP Presses Democrats to Unload Weiner Campaign Donations
Two rank and file House Democrats are taking donations received from Rep. Anthony Weiner, D-NY and donating them to charity in the wake of mounting Republican pressure after the embattled Congressman admitted to posting a lewd crotch photo to the Internet, deleting it and then lying by claiming he his account was hacked.
Europe eyes private sector role in Greek debt deal
The euro zone edged closer on Wednesday to a compromise on a second Greek bailout package under which private creditors would be asked to swap their sovereign debt holdings for bonds with longer maturities.
Is Anthony Weiner's wife pregnant?
Reports say Huma Abedin is expecting.
Forrester analyst questions Groupon IPO valuation
Groupon Inc, the largest online coupon company, may be worth billions of dollars less than its recent initial public offering filing suggests, e-commerce analyst Sucharita Mulpuru estimated on Wednesday.
Weiner pressured to resign: Other shocking poltical scandals [PHOTOS]
Rep. Weiner isn't the only politician whose been wrapped in scandal.
Wall Street slips for a sixth day on growth concerns
Stocks extended losses for the sixth straight day on Wednesday as investors worried that a slowing economy could deepen the market's retreat.