Nokia axes 7,000 jobs to slash costs
Nokia will axe 7,000 jobs and outsource its legacy Symbian activities to slash 1 billion euros ($1.46 billion) of costs as it struggles to compete in the fierce smartphone market.
Apple denies tracking iPhone
Apple Inc. denied that its iPhones are tracking the location of users, responding to criticism that it was using data to help tap the market for location-based services.
Obama Releases New Birth Certificate, Calls for Distraction to Stop [PHOTO]
President Barack Obama on Wednesday called for an end to distractions over his place of birth and released a long-form birth certificate which provides more detailed information about his birth.
Gold Up, Silver Down in Subdued London Trade as Dollar Falls
Prices to Buy Gold rose but silver held flat in Asian and London trade on Wednesday, while the Dollar fell, European equities rose, but peripheral Eurozone debt sank to new record lows.
Wall Street set to rise on earnings, Fed on tap
Forecast-beating results from big U.S. corporations and expectations of more of the same easy money policies from the Federal Reserve lifted index futures on Wednesday, with stocks set to run higher after the S&P 500 moved above a technical resistance level.
Oil above $124 as weak dollar supports
Brent crude oil edged above $124 a barrel Wednesday as support from a weaker dollar, ahead of a Federal Reserve statement expected to maintain loose monetary policy, countered rising U.S. inventories.
President Barack Obama's Long Form Birth Certificate Released [PHOTO]
President Barack Obama obtained an exception from Hawaii's State Department of Health to release a copy of his long form birth certificate, publishing it on the White House web site.
ITC Takes Up Nokia Patent Claim Vs. Apple
The U.S. International Trade Commission is stepping into another legal battle over gadgets, this time between Nokia and Apple.
White iPhone 4 In Stores Tomorrow
Apple announced today that the white iPhone 4 will be on store shelves tomorrow, April 28.
We should have been safe with Sony, say gamers
Sony PlayStation gamers expressed shock and disappointment on Wednesday at a massive data hack in which their names, addresses and credit-card details might have been stolen from the PlayStation Network.
Obama to Shake Up Top Military, Intelligence Ranks
President Barack Obama will announce a shift his top military and intelligence leadership ranks with on Thursday, as the nearing retirement of Defense Secretary Robert Gates will prompt a move to replace him with CIA Director Leon Panetta and fill Panetta's position with well-regarded General David Petraeus, the top military official in Afghanistan.
Boeing tops profit expectations and reaffirms outlook
Boeing Co's first-quarter profit rose 13 percent, topping Wall Street expectations, and the company reaffirmed its full-year outlook that reflects an ongoing recovery in the commercial aerospace industry.
Real Madrid Vs Barcelona Live Coverage
In the third edition of the El Classico marathon, Real Madrid host Barcelona in the Champions League semifinal in what promises to be an enthralling contest.
S&P cuts Japan sovereign rating outlook on quake costs
Standard and Poor's threatened to cut Japan's sovereign credit rating again, warning the huge cost of last month's devastating earthquake will hurt already weak public finances unless bickering politicians can agree to raise taxes.
Stock futures rise before Fed, earnings
U.S. stocks index futures rose on Wednesday as investors bet the Federal Reserve would indicate more of the same easy monetary policy and anticipated more forecast-beating earnings.
EU/IMF may give Portugal more time on deficit: report
Portugal may get more leeway on its efforts to reduce the budget deficit under an EU/IMF bailout, a newspaper reported on Wednesday, after the prime minister vowed to protect the country from excessive austerity.
Sony Playstation suffers massive data breach
Sony Corp suffered a huge breach in its video game online network that allowed the theft of names, addresses and possibly credit card data belonging to 77 million user accounts, in one of the largest Internet security break-ins ever.
Nokia to cut 7,000 jobs, Accenture takes Symbian
Nokia <NOK1V.HE>, the world's largest phone maker by volume, will lay off 4,000 people and outsource another 3,000 to Accenture <ACN.N> as part of a plan to slash annual spending by 1 billion euros ($1.46 billion).
Real Madrid Vs Barcelona - Guardiola counter-attacks Mourinho with expletives
Before the crucial Champions League El Classico semifinal between Real Madrid and Barcelona, Guardiola responded sharply to Mourinho's comments about his reaction to refereeing decision.
BP profits hit by Gulf oil spill
BP Plc reported a 2 percent drop in first-quarter profit, falling short of analysts' forecasts as the lingering effects of the oil spill frustrated Chief Executive Bob Dudley's attempts to turn around the oil major.
BP Q1 profits fall as oil spill still weighs
BP Plc reported a 2 percent drop in first-quarter profits, falling short of analysts' forecasts, as the lingering effects of the oil spill frustrated Chief Executive Bob Dudley's attempts to turn around the oil giant.
Ericsson Q1 profit surges on mobile broadband demand
Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband sales and hopes to resolve Japan quake supply problems later this year.
The departure of Indian spiritual leader Sathya Sai Baba [PHOTOS]
High and mighty of India turn up for the funeral of Sathya Sai Baba, who was laid to rest with state honors at his ashram in Puttaparthi on Wednesday. Scroll down to see photos of the spiritual leader's departure:
Volvo ups outlook as Q1 margin defies cost rise
World number two truck maker Volvo AB rolled out proof of surging market demand on Wednesday and reassured investors worried about cost pressures with forecast-beating profit margins.
Stock futures signal slightly firmer open
Stock index futures pointed to a slightly higher open on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.04 percent to 0.2 percent.
'The Voice' garners mixed response
NBC's new singing competition 'The Voice' garners mixed response. While the viewers poured praises on show and judges online, the critics seem to be far from impressed.
Ericsson Q1 profits surge on mobile broadband demand
Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband equipment sales, and said it hoped to have post-Japan quake supply problems ironed out by the end of the third quarter.
American Pharmacies Says Medicare Part D Laws Not Enforced (FULL TEXT)
American Pharmacies, a member-owned independent pharmacy cooperative based in Texas, is taking on Humana and Walmart via the Centers for Medicare and Medicaid Services (CMS) for discriminating against some pharmacies in Humana’s new Medicare Part D prescription drug plan (PDP).
Volvo Q1 profit, margin top forecast, ups outlook
World number two truck maker Volvo AB posted a bigger-than-expected rise in first-quarter earnings on Wednesday and raised its forecast for truck markets in both Europe and North America.
Schalke 04 0-2 Manchester United - Match Highlights (VIDEO)
Manchester United had the easiest Champions League semifinal against Schalke 04 as the English leaders won 2-0 at the Veltins-Arena and will take the lead into the second leg at Old Trafford next week.