Lenovo and NEC in Japanese joint venture to sell PCs
Lenovo, the world's No. 4 PC brand, will invest $175 million with NEC Corp to form a joint venture to sell personal computers in Japan, it said on Thursday, as it prepares to take on bigger rivals such as Hewlett-Packard and Dell.
BP seen reinstating dividend
Oil giant BP Plc is expected to reinstate its dividend when it unveils fourth quarter earnings on Tuesday, after it canceled the payout at the height of the oil spill last summer.
Dow, S&P flat as data offsets Caterpillar results
The Dow and S&P were little changed on Thursday as disappointing labor market data offset strong results from Caterpillar, but a strong outlook from Qualcomm lifted the Nasdaq.
S&P cuts Japan sovereign debt rating, first time since 2002
Rating agency Standard & Poor's cut Japan's long-term sovereign debt rating on Thursday for the first time since 2002, saying the country's government lacked a coherent plan to tackle its mounting debt.
Apple awarded patent for 'Magic Glove' and real-world gestures like OK and hitchhiker
Apple is due to take gesture-based navigation to the next level, as a recently awarded patent to Apple illustrates a technology that can interpret real-world gestures on touch and hover sensitive devices.
Pixelmator Strikes Gold, Earns $1M On Mac Store
Pixelmator developers announce that the application grossed $1 million on Apple's Mac Store, which launched earlier this month.
AT&T revenue, subscribers misses analyst view
AT&T Inc posted revenue that missed Wall Street estimates and its wireless subscriber growth was also slower than expected in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone, sending shares down 3 percent.
AT&T profit falls, subscriber growth miss analyst view
AT&T Inc posted a quarterly profit slightly ahead of Wall Street expectations but its wireless subscriber growth missed analyst estimates in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone.
Gold Gives Back Another Overnight Rally as Japan Downgraded, Eurozone Warned on Imported Inflation
Gold fell back from its third overnight rally in four days in London trade on Thursday, dropping 1.1% against the Dollar. We don't feel that this downward pressure can persist, given ample global liquidity and low long-term real interest rates, says Standard Bank's commodity team in a client note.
Gold in yen hits day's highs after S&P cuts Japan debt rating
Gold priced in yen rallied to session highs on Thursday after yen came under broad pressure following a downgrade to Japan' sovereign ratings. Ratings agency Standard & Poor's cut its rating on Japan's sovereign debt to AA- from AA ...
Pre-Market Earnings on Jan. 27 (T, PG, CAT, MO, LLY, BMY, CL, MSI, LMT, CELG)
The companies that reported earnings before the markets open on Thursday are: AT&T, Procter & Gamble, Caterpillar, Altria, Bristol-Myers Squibb, Eli Lilly, Motorola Solutions, Colgate-Palmolive, Celgene and Lockheed Martin.
Sony takes on DS and smartphones with new handheld
Sony Corp unveiled a new handheld gaming device and announced it would make PlayStation games available on other makers' hardware, as it battles with Nintendo's DS and tries to fend off competition from Apple Inc's iPhone.
Brittany Murphy's House in the Hills in Foreclosure
Deceased actress Brittany Murphy's home in the Hills above the Sunset Strip in Los Angeles, CA has invited foreclosure and has been slapped with a Notice of Sale with an opening bid of $4,035,666, according to the reports.
Snow boosts jobless claims, durable orders mixed
New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.
Queen Latifah rents Jane Fonda's Atlanta condo
Queen Latifah, rapper/record producer/actress, has rented the Hollywood royal Jane Fonda's Atlanta condominium for a short-term period. Fonda recently decided to move back to Los Angeles and bought a one-bedroom in the Sierra Towers, according to the Aol Real Estate.
Security segment lifts Tyco profit above Street
Tyco International Ltd's quarterly earnings more than doubled, beating Wall Street expectations amid sharply higher profits at the industrial conglomerate's security business, which includes the former ADT Worldwide service.
Yemen follows Egypt, Tunisia; protests against govt begin
Examples set by the Tunisian protesters are being taken up strongly by several countries suffocated with steep poverty and high unemployment rates.
Futures higher on Caterpillar results, data eyed
Stock index futures were slightly higher on Thursday, a day after the S&P 500 closed at a 29-month high as several bellwether companies reported strong results.
A doctor’s abuse of her Prader- Willi suffering daughter brings the disability into focus
It is often misdiagnosed and confused with Down’s syndrome
Utah-based chemical and biological defense test base on lockdown
Utah-based Dugway Proving Ground, an army base focused on rendering chemical and biological defensive testing and training was placed on lockdown on Wednesday.
Futures flat after recent gains, ahead of data
Stock index futures were little changed on Thursday, a day after the S&P 500 closed at a 29-month high as investors looked ahead to a new round of data and corporate earnings.
Pay tribute to Holocaust victims on Google-Yad Vashem online archive
This Holocaust Memorial Day, people across the globe can pay tribute to the victims of one of the most ghastly events in human history - all thanks to Google-Yad Vashem museum online archive.
Chris Medina’s 'American Idol' audition starts a debate about exploitation
Chris Medina’s 'American Idol' audition starts a debate about exploitation. Manipulation or exploitation , you decide
Sony's NGP handheld to take on DS and smartphones
Sony Corp unveiled a new handheld gaming device, the first to feature 3G wireless connectivity, as it battles with Nintendo's best-selling DS and tries to fend off competition from smartphones including Apple Inc's iPhone.
Gates Foundation to partner with Abu Dhabi crown prince for immunization drive
The partnership would work towards immunization of millions of children in Afghanistan and Pakistan against deadly diseases such as polio, diphtheria, tetanus and others
Nokia sees weak first-quarter after expected profit slip
Nokia, the world's top cellphone maker by volume, reported on Thursday a third profit fall in a row as it continues to struggle in smartphone business, and warned of weak start of the year.
Can Ubiquisys portable femtocell make international roaming cheaper?
U.K. start up Ubiquisys has rolled out a portable cell phone signal - dubbed the attocell - that allows people travelling abroad to make and receive calls as if in their home country.
Futures point to mixed open for Wall Street
Stock index futures pointed to a flat to weaker start for Wall Street on Monday, with futures for the S&P 500 down 0.1 percent, while futures for the Dow Jones and the Nasdaq traded flat by 5:18 a.m. EST.
Plantronics unveils Voyager Pro UC headset to tackle Jawbone ERA
Plantronics celebrated its 50th anniversary by adding spunk to unified calling by launching its Voyager Pro UC Bluetooth headset just days after Jawbone released its first motion-controlled Bluetooth headset ERA
Stocks give U.S. school endowments a boost in 2010
America's college and university endowment funds recorded an 11.9 percent return last year, aided by big bets on alternative investments like hedge funds but helped even more by traditional stock and bond selections.