Home building, manufacturing slump in April
Housing starts and building permits fell in April and factory output slumped as an automobile parts shortage crimped production, showing the economy got off to a weak start in the second quarter.
Endeavour: First Day In Orbit
Endeavour spends its first day in orbit performing a standard scan of the space shuttle's thermal protection system using the Orbiter Boom Sensor System.
Strauss-Kahn Affair: Sarkozy Urges 'Composure' as Rivals Stunned by 'Lynching'
French President Nicolas Sarkozy has called on members of his party to be a rock of solidity amid the crisis engulfing left-leaning rival for the presidency Dominique Strauss-Kahn, the current IMF managing director, as he faces charges of sexually attacking a hotel maid in New York.
U.S. lays out priorities for future of cyberspace
The United States launched a new initiative Monday designed to stamp the Internet with U.S. values such as freedom of expression, saying cyberspace must remain open, secure and reliable.
Olympus says expects to give earnings outlook by end: June
Japan's Olympus said on Tuesday that it would give its 2011/12 earnings outlook by the end of June and that it could pull its troubled imaging division back into profit within 12-18 months.
HP cuts outlook, revamping services unit
Hewlett-Packard Co slashed its profit outlook as it boosts spending to resuscitate its troubled services business.
Private equity in talks for Nokia Siemens: sources
Nokia and Siemens are letting two private equity consortia look at the books of Nokia Siemens Networks as they try to sell the joint venture, three people familiar with the matter said.
The Fall of the U.S. Empire and the Breakup of the Geopolitical Matrix
There are two carved-in-granite long-term economic trends; one of them being the decline of the dollar and the other one being war. I think those are locked in, and so I recommend people buy investments that do well during wartime or during periods of currency debasement, which we have.
Futures pare gains after HP results
The S&P 500 and Dow index futures rose slightly on Tuesday, but gains were capped after disappointing results from Hewlett-Packard.
Glencore set to be priced at $8.60 or above: sources
Glencore is likely to price its record initial public offering at or above 530p ($8.60), sources close to the matter said, valuing the world's largest commodities trader at a minimum of 36.5 billion pounds ($59 billion).
Oil reverses gains on dollar, U.S. data
Oil prices edged lower on Tuesday, pressured by a stronger dollar and concerns about global growth prospects after a slew of weak economic data, bringing losses to around 15 percent so far in May.
Housing starts, permits fall in April
Housing starts and building permits fell in April and factory output slumped as automobile part shortage crimped production, showing the economy off to a weak start in the second quarter.
LinkedIn IPO price range boosted by 30 percent
Social networking company LinkedIn Corp raised the expected price range of its initial public offering by 30 percent on Tuesday, a sign that investors remain eager to bet on social networking companies.
Like Lowe's, Home Depot starts spring on slow note
Home Depot Inc reported weaker-than-expected quarterly sales as inclement weather hurt demand for seasonal goods at the start of the spring selling season.
LinkedIn sees IPO pricing up by 30 percent
LinkedIn Corp sees its initial public offering being priced about 30 percent higher than previously expected, as investors clamor to get a bite of the social networking pie.
Rare celebrity images from the 70s
Celebrity photographer Brad Elterman has captured iconic images of Dylan, Bowie, and Lennon, amongst other notable figures, in unique settings from the 70s.
Lady Gaga a bigger Twitter star than Justin Beiber - 10 million fans say so (PHOTOS)
Twitter has spoken - Lady Gaga is a bigger star than Justin Bieber, with at least 10 million Twitter fans compared to Bieber who has only 9.6 million.
Nvidia head sees competition for iPad
Apple's iPad is finally about to get some real competition. At least according to Jen-Hsun Huang, co-founder and chief executive of chip designer Nvidia.
S&P, Nasdaq fall below 50-day moving averages
U.S. stocks fell on Tuesday, with the S&P 500 and the Nasdaq falling below their 50-day moving average, as a negative outlook from Hewlett-Packard Co and weak U.S. economic data raised jitters about the state of the recovery.
LinkedIn IPO boosted by 30 percent, to raise up to $352 million
LinkedIn Corp, which runs a social network for professionals, said the pricing of its initial public offering was increased by 30 percent, as investors clamour to ride the social networking wave.
EU's Juncker weighs soft Greek debt restructuring
Greek debt could undergo a soft restructuring if Athens embarks on major reforms and accelerates privatization to raise funds, the chairman of euro zone finance ministers Jean-Claude Juncker said on Tuesday.
Home Depot ups forecast despite weak spring sales
Top home improvement chain Home Depot Inc backed its sales outlook and raised its profit forecast for the year despite a slow start to the key spring selling season, sending its shares up.
Soft restructuring for Greece not on cards: Nowotny
A soft restructuring of Greece's sovereign debt is not on the cards, European Central Bank Governing Council member Ewald Nowotny told Austrian radio, insisting Greece take the lead on shoring up its finances.
Vodafone's upbeat tone surprises after sector woe
Vodafone, the world's largest mobile operator by revenue, surprised investors with an upbeat outlook for 2012 on Tuesday after posting resilient results driven by customers upgrading to smartphones.
Arnold Schwarzenegger admits to having a child with member of household staff
To add to that the shocking news that Schwarzenegger fathered a child with a member of the household staff was revealed today. When Shriver, a broadcast journalist, was informed about this, she split with her husband. She and Schwarzenegger have four children together.
Microsoft Bing-Facebook integration adds emotion to search engine logic
Microsoft has deepened its integration with Facebook to offer more socially refined results through its Bing search engine to tackle Google's search engine algorithm.
Wall Street set for lower open after HP, housing data
Wall Street was set for a slightly lower open on Tuesday, pressured by a negative outlook from Hewlett-Packard Co , the world's largest technology company, and weak U.S. housing data.
Timothy Ray Brown: ‘Berlin Patient’ says ‘I’m cured of HIV’ [VIDEO]
Timothy Ray Brown, 45, who tested positive for HIV in 1995, has appeared in a new interview proclaiming he is cured of HIV, several months after the December study published in scientific journal Blood which said Brown had exhibited “evidence for the cure of HIV infection.”
Facebook lobbied to kill network privacy: report
Facebook has spent more than $6,600 lobbying California state officials to negate the Social Networking Privacy Act which will impose penalty on social networking sites for displaying personal details of children under 18.
HP Cuts Outlook Due To Japan Disaster, PCs
HP cut its third quarter and year-end outlook due to problems in Japan as well as softening PC sales.