Newell cuts forecast as costs rise
Newell Rubbermaid Inc cut its outlook for the year blaming a weak economy and a rise in costs, leaving investors jittery as the company gets ready to replace its CEO of five years.
Stocks on track for fifth down week
Wall Street headed for its worst week in over two months on Friday after a dismal jobs report, with a worsening economic outlook threatening further falls from current six-week lows.
Videogame heavyweights seek fresh start at E3 powwow
Comeback stories will be the unofficial plotline of next week's Electronic Entertainment Expo, the annual event where the videogame industry shows off a dizzying display of new games, consoles and assorted gadgets.
NBA FINALS Game 2: Dirk Nowitzki Leads Comeback Victory (Photos)
Dirk Nowitzki played with an injured finger but that did not stop him from scoring the Mavericks game winning basket with less than 4 seconds in the game for one of the greatest comeback games you will see. Miami could not convert on a Dwayne Wade 3-pointer on the final play and the Heat will now need to win a game in order to come comeback home in the series. The Mavericks will play the next 3 games at home, giving them an opportunity to secure an NBA title in Dallas.
Probes launched into fatal blast at Chevron refinery
Safety experts Friday launched an investigation into an explosion that killed four people and seriously injured a fifth worker at a Chevron Corp oil refinery in southwest Wales.
U.S. raises Google hack allegation with China
The United States has asked Beijing to investigate Google's latest allegation of a major hacking attack that the Internet giant says originated in China, the State Department said on Friday.
Peru's Humala scares away investors
A slight lead over Fujimori in the polls meant a slump in the Peruvian economy
Gisele on track to be the first billionaire supermodel
Gisele Bundchen is on the top of world. With an amazing career, her husband Tom Brady and her son Benjamin, it seems like this supermodel has it all.
Fresh Hack of 1 million Sony accounts, it's a Second Chance to Learn Lessons
The hacker group LulzSec kept its promise as tweeted on May 27--the group hacked Sony again on June 2, obtaining 1 million users' account information. What's Sony's next move given this second chance? We hope, and hopefully you do too, that the Japanese electronic giant will learn the lesson, at last.
Instant view: Payroll growth disappoints in May
U.S. employment rose far less than expected in May to record its weakest reading since September, while the jobless rate rose to 9.1 percent as high energy prices and the effects of Japan's earthquake bogged down the economy.
iCloud Adds Nail Into RIM’s Coffin
The iCloud could be another reason RIM's struggles will continue.
Stocks face five weeks of losses
A dismal jobs report drove shares lower on Friday on fears of an economic slowdown, but with the market facing five weeks of losses, signs of growth in the U.S. services sector lifted stocks off their lows.
Next tranche of Greek aid expected next month: lenders
A next tranche of international aid for Greece should be available in early July following further talks in the next few weeks on the government's economic program, the EU, ECB and IMF said on Friday.
Times of India launches app for Nokia phones
India's most-read English newspaper introduces cell phone app with fashion photo galleries
27 dead in Hama crackdown
The Assad regime launches a lethal offensive on opposition forces after Friday prayers.
Summer in NYC: Central Park's 'SummerStage,' kicks off June 7
Central Park hosts SummerStage, New York's largest free preforming arts festival.
E. Coli Cases Jump in Germany, Warning Remains on Raw Cucumbers, Lettuce and Tomatoes
The number of cases related to an outbreak of infections from a deadly strain of E. Coli that has killed 17 people in Germany has jumped by 199 Since May 31, the World Health Organization reported on Friday.
Gobbledygook stumps financial professionals too
Baffled by the language of corporate financial reports? You have company. Sometimes the people who get paid the big bucks to plow through them can't make much sense of them either.
Employment growth slows sharply in May
The U.S. economy may be in for a prolonged period of soft growth as employers hired the fewest number of workers in eight months in May and the unemployment rate rose to 9.1 percent.
U.S. pushed Goldman to provide legal loss estimate
Goldman Sachs Group Inc disclosed estimates of potential losses from legal issues after pressure from U.S. Securities and Exchange Commission staff, according to documents released on Friday.
Donnie Walsh to step down as Knicks president
Donnie Walsh, president of basketball operations for the New York Knicks iexpected to step down from his post when his contract expires at the end of the month, team owner James Dolan said in a statement.
Prosecutors hold off on charges against Egyptian businessman
Prosecutors decided to hold off on indicting an Egyptian businessman accused of sexually assaulting a maid at the Pierre Hotel, Sunday.
Analysts cut RIM price targets as competition intensifies
At least two brokerages cut price targets on Research In Motion as they expect rival Apple's iCloud service and concerns over its inability to tackle competition from iPhone and Google's Android-based smartphones to hurt the BlackBerry maker.
Karl Lagerfeld slams potential biographers
The Chanel designers says his would-be biographers are lazy pigs.
Rihanna responds to “Man Down” video controversy on Twitter
In the video for Man Down the 23 year old pop star is seen murdering her rapist with the shot of a gun.
Will Apple iPhone 5 mimic Android's Samsung Galaxy S2 ?
Apple iPhone 5 needs to have a critical minimum of features to compete with Android; here are the key areas where Apple is compelled to make changes in the upcoming iPhone 5.
Germany offers EU aid to Spanish farmers after E. coli rumor
Angela Merkel promises to push for aid after debilitating rumors on Spanish cucumbers.
Adobe CEO Says, Apple's Dominance in Tablet Market Soon to End
The CEO of Adobe Systems, Shantanu Narayen, thinks the era of Apple's dominance of the tablet market will soon come to an end.
NY Rangers trade for top prospect, Jan Erixon's son
The New York Rangers traded forward Roman Horak and two second-round draft picks to the Calgary Flames for Tim Erixon and a fifth-round pick, the team announced on Wednesday.
U.S. Treasury Agrees to Chrysler Deal With Fiat
The U.S. Treasury has agreed to sell its remaining 6 percent stake in Chrysler to Italian automaker Fiat, which will pay $500 million as part of the deal.