Wall St set to open higher on Oracle outlook
Stocks were poised for a higher open on Friday as an upbeat outlook from Oracle boosts technology stocks.
Fourth-quarter GDP revised up to 3.1 percent
The economy grew more quickly than previously estimated in the fourth quarter as businesses maintained fairly solid spending and restocked shelves to meet rising demand.
Listen to Lady Gaga’s “Born This Way (The Country Road Version)”
Just like Lady Gaga promised she released Born This Way (The Country Road Version) on Twitter Friday morning.
EU delays decision on anti-crisis package details
European leaders gave themselves until June to finalize an increase in their temporary bailout facility at a summit, failing to deliver the broad package they had promised to resolve their debt crisis.
Fourth-quarter GDP growth stronger than expected
The economy grew more quickly than previously estimated in the fourth quarter as businesses maintained fairly solid spending and restocked shelves to meet rising demand.
Portuguese president meets parties on crisis
Portugal's president started to consult leaders of political parties on Friday as he weighs whether to call a snap election after the Socialist prime minister resigned.
Arbitration panel thwarts BP-Rosneft deal
BP and Rosneft , Russia's largest oil company, have been blocked by an arbitration panel from forming an alliance to explore for oil in the Russian Arctic and executing a $16 billion share swap.
Oracle jumps as outlook points to market share gains
Shares of Oracle Corp rose 5 percent on Friday, a day after the world's third-largest software maker forecast solid sales of new business software, signaling strength against Hewlett-Packard and IBM in data center and cloud computing businesses.
RIM Adds Android Apps To Playbook
During its fourth-quarter earnings call, Research In Motion revealed that its upcoming BlackBerry Playbook tablet would be compatible with applications developed for Google's Android operating system.
BP's Dudley in spotlight as Rosneft deal blocked
BP boss Bob Dudley has come under fire after an Arctic exploration deal with Russian group Rosneft was blocked by the British oil company's partners in joint venture TNK-BP.
Futures rise on Oracle's upbeat view
Stock index futures rose on Friday, supported by technology shares after Oracle gave an upbeat forecast.
China detained Glencore trader in oil imports probe
China's customs authorities detained a Glencore trader as part of an investigation into the potential evasion of millions of dollars in taxes on fuel imports, sources with direct knowledge of the situation said on Friday.
Japan, Middle East/North Africa Crises Unlikely 'To Derail' Global Economy: IHS
The triple disaster in Japan and the ongoing turmoil in the Middle East and North Africa likely would have only a limited impact on the global economy - provided the twin shocks of higher oil prices and the supply chain disruptions from Japan do not get much worse, market research firm IHS said.
Tablet face-off: New slimmer Samsung Galaxy Tab 10.1 vs Motorola Xoom
The star of CES 2011 Motorola Xoom has ushered in the age of Android 3.0 or Honeycomb and brought about super specifications like killer camera's and dual-core processors to the limelight faces but now faces stiff competition from the new slimmer Samsung Galaxy Tab 10.1.
LOL, OMG, FYI Enter Oxford English Dictionary
Oxford University Press has announced number of new internet-borne linguistic additions, signaling yet another way in which tradional mediums are adapting to the rapid linguistic changes caused by online communication.
Blizzard Entertainment contemplates own Pixar-like University
Blizzard co-founder Frank Pierce said that their continued success would depend on the development of a really talented team with some of the best developers in the industry and that they were trying to see if some of it could be nurtured internally.
Futures gain as Oracle outlook boosts techs
Stock index futures rose on Friday, supported by technology shares after Oracle gave an upbeat forecast.
J.P. Morgan's Dimon, other CEOs descend on Tokyo to rally troops
JPMorgan Chase & Co boss Jamie Dimon and Coca-Cola CEO Muhtar Kent were among top global executives to visit Tokyo this week to meet with local staff coping with the devastating earthquake and radiation panic that hit the city.
Did China's VanceInfo Win a Yahoo Contract?
In a series of postings from mid to late February on 51Jobs.com (the Monster.com of China), VanceInfo Technologies Inc. (NYSE: VIT) has advertised numerous positions for onsite assignments at Yahoo China. VanceInfo is an information technology (IT) service provider and an offshore software development company in China.
China sees strong commodities, weak dollar in 2011
Loose monetary policies in developed economies will place more upward pressure on global commodity prices and weigh on the dollar this year, the Chinese central bank said on Friday.
Apple's iPad 2 hits overseas stores after U.S. sellout
Hundreds of customers formed long lines outside Apple stores on Friday for the international launch of the iPad 2, which has flown off the shelves in the United States and left the company struggling to meet demand.
Fed's Kocherlakota - Bubble's end need not hurt jobs
The collapse of an asset bubble will not necessarily lead to higher unemployment as long as monetary policy is loose enough, a top Federal Reserve Bank official said on Friday.
Merck shingles vaccine gets FDA OK for more patients
Merck & Co Inc. (NYSE: MRK)'s shingles vaccine Zostavax is now approved by the US Food and Drug Administration (FDA) for people aged 50 and older. Zostavax was originally approved on May 2006 to prevent herpes zoster, commonly known as shingles, in individuals 60 years of age and older.
XXL Magazine brings iPhone App for Aspiring Rappers
XXL Magazine announces the launch of their first official iPhone app, which features six special functions including a hip-hop news feed,lifestyle trends, Where They At? geo-tracker for finding friends, plus special Twitter functions and the ultimate hip-hop trivia.
China customs detained Glencore trader in oil imports
China's customs authorities detained a Glencore trader as part of an investigation into fuel imports and potential tax evasion, sources with direct knowledge of the situation said on Friday.
Global crises to soften M&A near-term after strong Q1
This year is set to be a blockbuster for deals, exemplified by mega acquisitions such as T-Mobile USA or Genzyme, with turmoil in the Middle East and Japan causing just a temporary slowdown.
NASA helps students train like astronauts in Mission X Challenge
Fourth-grade students in the College Station Independent School District (CSISD) in Texas have completed six weeks of a NASA health and fitness challenge known as Mission X: Train Like an Astronaut.
SUZAKU observatory shows evidence of million-degree gas clouds in galaxy
SUZAKU observatory shows evidence of million-degree gas clouds in galaxy
Japan vows caution on new debt; may review corp tax cut
Japan needs to be careful about taking on new debt to fund relief and reconstruction after this month's deadly earthquake and tsunami, and may review its plan to cut the corporate tax, top economic officials said on Friday.
Fannie report warned of foreclosure problems: report
Fannie Mae was warned in a 2006 internal report of abuses in the way lenders and their law firms handled foreclosures, The Wall Street Journal reported on Thursday.