Wells Fargo first-quarter profit beats Street
Wells Fargo & Co , the fourth-largest U.S. bank, posted a higher quarterly profit as it put aside less money for bad loans.
Barcelona Vs Real Madrid Live Coverage
The widely billed 'biggest match in the world' is set to pan out for the second time in five days, as Barcelona and Real Madrid clash at a neutral venue in the Copa del Rey final.
BHP Billiton boosts iron ore output, warns on coal
BHP Billiton , the world's biggest mining house, warned on Wednesday that persistent rains in Australia were delaying a recovery in its coal operations after a devastating March quarter cut production by nearly a fifth.
AT&T subscriber growth weakens, but beats Street
AT&T Inc's first-quarter subscriber growth weakened as it lost exclusive U.S. rights to sell the Apple Inc iPhone but the impact was not as bad as Wall St feared.
Nasdaq EPS hit record amid NYSE takeover battle
Nasdaq OMX Group , the exchange operator battling to buy out crosstown rival NYSE, showed few signs it was distracted from its core business as it logged record profit on the back of robust derivatives trading.
Solid earnings, outlooks boost stock futures
U.S. stock index futures climbed on Wednesday after solid earnings and outlooks from a trio of major technology companies renewed optimism about corporate profits and the economic recovery.
IMF's Blanchard says U.S. lacks deficit plan: report
The United States lacks a credible plan to cut its deficit over the medium term, the International Monetary Fund's chief economist Olivier Blanchard told French daily Le Monde in an interview published on Wednesday.
Foreign firms bidding for China contracts face uneven playing
Foreign companies bidding for public projects in China, valued at $1 trillion a year, face a sharply tilted playing field, a European Union business lobby said Wednesday, citing favoritism and corruption as influencing the award of contracts.
Smartphones and Japan in focus in Nokia Q1 report
Details on cost cuts and a deal with Microsoft could cheer up investors when Nokia reports quarterly earnings on Thursday, soothing concerns over continuing market share losses.
CIA reveals World War I secret ink documents (PHOTOS)
The Central Intelligence Agency on Wednesday declassified the United States Government's six oldest classified documents, dating from 1917 and 1918.
Threats against Web sensation Rebecca Black probed
Police said on Tuesday they were investigating two death threats against 13-year-old Internet sensation Rebecca Black over her low-budget music video Friday.
Virgin Media customers in UK pay out for fast broadband
Customers of Britain's Virgin Media spent record sums in the first quarter, showing a willingness to pay extra for faster broadband speeds and phone services in spite of the tough economic environment.
Gold breaks $1,500/oz as investors seek security
Gold shot up above $1,500 an ounce on Wednesday for the first time ever as worries over the health of the global economy boosted the metal as a safe haven.
US Department of Energy's robots to analyze radiation in Fukushima nuclear reactors [VIDEO]
The Department of Energy has been working around the clock to provide whatever assistance we can to the Government of Japan as they work to bring the Fukushima nuclear reactors under control. One unique capability that the Department has recently mobilized to help in this situation is an expertise in robotics.
Spot gold breaches $1,500, silver at 31-year high
Spot gold prices breached $1,500 for the first time and silver hit a 31-year high on Wednesday, supported by a weak dollar and concerns over a sovereign debt crisis in the euro zone.
Encore of corporate tax holiday unlikely to stimulate economy (FULL TEXT)
A repeat of a corporate tax holiday that found little success in stimulating the economy in 2005 is still a long-shot to jump-start a stagnant U.S. economy, says a University of Illinois expert in corporate and international taxation.
Latest set of pictures of UFO alien landing in 1947 from FBI Vault (PHOTOS)
A secret memo released online by the Federal Bureau of Investigations (FBI) in its 'Vault' has emerged as proof for the famed landing -- or crash or capture -- of a flying saucer with three dead aliens in Roswell in New Mexico in June 1947.
Royal Wedding to be streamed live online
The wedding of Britain's Prince William to university sweetheart Kate Middleton will be streamed live on the Internet via an official royal channel -- the first time a British royal wedding will be covered in this way.
Roche's Rituxan drug gets FDA OK to treat rare disorders
Roche Holding AG's arthritis and cancer drug, Rituxan, received approval from the U.S. Food and Drug Administration (FDA) to treat two rare disorders that cause blood vessel inflammation.
Brent above $122 on equities rally, weak dollar
Brent crude rose above $122 a barrel on Wednesday, helped by a rebound in equities and a weaker dollar.
Stock index futures signal gains; Intel eyed
Stock index futures pointed to a stronger open on Wall Street on Wednesday, with futures for the S&P 500 up 0.8 percent, Dow Jones futures up 0.5 percent and Nasdaq 100 futures up 0.8 percent at 0847 GMT.
Media decries Federal crackdown of online poker
Several media outlets have decried the Federal crackdown of online poker in the recent gambling indictment in line with the 2006 UIGEA law.
AES Corp. to buy Ohio utility DPL for $3.5 bln
Power company AES Corp. (NYSE: AES) announced an agreement to acquire smaller rival DPL Inc. (NYSE: DPL) for $3.5 billion, or $30 a share, in cash. The deal is the latest in the wave of consolidation in the power industry, as companies seek to add customers to offset high regulatory barriers and aging power grids.
Intel and VMWare give downtrodden tech sector a lift
Strong results from a clutch of technology heavyweights, led by top global chip maker Intel Corp and cloud computing specialist VMware Inc, may give the battered U.S. tech sector a boost.
Apple to begin shipping new iPhone in September
Apple suppliers will begin production of its next-generation iPhone in July this year, with the finished product likely to begin shipping in September, three people familiar with the matter said on Wednesday.
Upbeat company earnings boost global stocks, commodities
Upbeat earnings from companies including chip maker Intel lifted stocks and boosted appetite for riskier assets on Wednesday, driving commodities higher and the Australian dollar to a 29-year high versus the dollar.
BofA to spin off $5 billion private equity unit
Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company spokesman said on Tuesday.
Rajaratnam trial rivals to make last pitch to jury
The high-profile insider trading trial of hedge fund manager Raj Rajaratnam enters its closing phase on Wednesday and will turn on whether prosecutors or defense lawyers can summarize their case in a way that most resonates with jurors.
Techs and materials lead Asia shares higher
Asian stocks rose on Wednesday as strong results from chip maker Intel Corp prompted a rally in tech shares, while renewed strength in metals prices boosted materials companies and also lifted the commodity-linked Australian dollar.
Lady Gaga dishes double stunners with album, magazine covers [PHOTOS]
Lady Gaga dishes double stunners with 'Born This Way' album and NME magazine covers (Photos) along with a brash interview.