U.S. economy healthier, not yet well: Fed's Dudley
The U.S. economy is heading in the right direction and will pick up steam over the next two years, but high unemployment and low inflation still paint an unsatisfactory picture, New York Federal Reserve President William Dudley said on Monday.
RIM says state security demands are normal
BlackBerry maker Research in Motion is not alone in facing demands from governments for access to its data services, and it is just a normal part of the business, co-chief executive Jim Balsillie said.
Meet Esperanza Spalding, winner of the Grammy for Best New Artist
Sunday night's Grammy Award show may have shocked a few viewers. While Arcade Fire winning the award for Album of the Year, was definitely a surprise, the night's biggest upset was Esperanza Spalding taking home the award for Best New Artist.
For now, small is good for Android apps publishers
Android gaming is moving up to the next level, with smaller publishers such as Glu Mobile and Zoo Entertainment threatening to zap larger players including Electronic Arts .
D. Boerse labour rep warns of losing control to NYSE
Deutsche Boerse risks ceding control to NYSE Euronext , a supervisory board member at the German exchange said on Monday.
Obama budget to cut deficit by $1.1 trillion
President Barack Obama proposed a budget on Monday that would cut the U.S. deficit by $1.1 trillion over 10 years, setting the stage for a bitter fight with Republicans who vow even tougher spending controls.
Wall St falls after strong run
U.S. stocks fell on Monday after posting two straight weeks of gains that drove indexes to new multi-year, although a recent pattern of buying on market declines was likely to continue.
Analysis: Asian exchanges could miss M&A wave
Asia runs the risk of being left behind in the sudden wave of transatlantic stock exchange consolidation, given the tough regulatory regimes, cumbersome ownership structures and protectionist minded governments.
Obama pushes 2012 budget as cuts hit education, low income people
President Barack Obama will push his priorities for the 2012 federal fiscal year budget on Monday. Some of the cuts include programs for low income people and education in a budget that will cut the federal deficit by $1.1 trillion over the next 10 years.
JPMorgan planning media fund: report
JPMorgan is planning on starting a fund of between $500 million and $750 million to invest in Internet and digital media companies, the Wall Street Journal said on Sunday.
Nokia's turnaround risks 5,000 Finnish jobs: union
Nokia's smartphone alliance with Microsoft threatens more than 5,000 Finnish research and development jobs at the Finnish company and its subcontractors, a union boss said.
Apple plugs supply-chain loophole; Samsung to supply $7.8 bln worth displays, processors and memory
Apple is ready to plug any loopholes in its supply chain to avert shortages, as it has placed a $7.8 billion order for key components used in handheld devices from Samsung Electronics Co. for this year.
Detroit Tops Fastest Growing Metro Areas For Tech Jobs
Detroit tops the list of fastest growing metropolitan areas for technology jobs, according to a report by Dice.com - a career Web site for technology and engineering professionals and companies in the US.
Wall Street set to dip after strong run
U.S. stocks were set to dip on Monday after posting two straight weeks of gains that drove indexes to new multi-year highs and some investors worried the market was overextended.
Super Bowl could kill you
A research study conducted by the University of Southern California has revealed that the emotional stress one suffers when their team loses could lead to cardiac death.
Analysis: For now, small is good for Android apps publishers
Android gaming is moving up to the next level, with smaller publishers such as Glu Mobile and Zoo Entertainment threatening to zap larger players including Electronic Arts .
Qualcomm debuts 2.5 GHz Snapdragon mobile chip
Chip-maker Qualcomm Inc. (NASDAQ:QCOM) is debuting a new version of its Snapdragon mobile processor offering speeds of up to 2.5 gigahertz and twelve times faster than its predecessors.
Japan economy shrinks but exports may fuel recovery
Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.
China trade surplus shrinks, supports government's G20 case
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
Ten-man Real Madrid cut Barcelona's lead to five
Ten-man Real Madrid produced an impressive performance at Espanyol to win 1-0 on Sunday, cutting their points gap with Barcelona to five points.
Energy drinks could even cause death in teens and children: Pediatrics Journal
No 'safe' level of consumption of energy drinks has been established for children, adolescents and young adults, says the report from the medical journal.
Wall Street open seen mixed, Chinese data supports
Wall Street was set for a mixed open on Monday, with investors seen pausing for breath after indexes posted a second straight week of gains on Friday, with Chinese trade data and inflation talk seen supporting the market.
Cablemaker Nexans sees sales pick-up in 2011
Nexans, the world's biggest cable maker, expects its sales to rise and operating margin improve this year, the company said on Monday, as it sees a pick-up in trading and manages to pass on higher metal prices.
GE to buy John Wood unit for $2.8 billion
General Electric Co is to buy a unit of British energy services firm John Wood Group for about $2.8 billion, the latest move by the largest U.S. conglomerate to boost its presence in oil services.
China trade surplus shrinks, supports government's G20 case
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
Nexans sees sales, margin growth in 2011
Nexans, the world's biggest cable maker, on Monday said it expects to see growth in sales and operating margin this year following an upturn in the second half of 2010 and despite rising commodity costs.
Qualcomm's Snapdragon helps bring Netflix streaming app to Android
Chip-maker Qualcomm Inc. (NASDAQ:QCOM) said future Android devices powered by its latest Snapdragon mobile processors will have access to instant streaming of movies and TV shows from Netflix (NASDAQ: NFLX).
Nokia's Microsoft deal gets renewed hammering
Nokia's all-or-nothing deal with Microsoft fails to answer key questions about smartphone development and risks a turbulent transition period, analysts said on Monday, driving its shares down yet further.
Samsung Galaxy Tab 10.1 vs Motorola Xoom
Samsung launched its 10.1-inch Galaxy Tab at the Mobile World Congress event in Barcelona, reflecting its move from the 7-inch form factor to tackle the likes of Motorola Xoom and Apple iPad.
New York University launches resource website to support tech innovation and startups
A new virtual entrepreneurship hub from the New York University will now enable technology innovation and startup formation within the campus community by providing a growing array of entrepreneurial resources, programs, and activities online.