Blizzard chills end of holiday shopping season
A major snowstorm on the East Coast kept many shoppers home just after Christmas, casting a pall on the final act of the holiday sales season.
US companies look to ramp up hiring as economic outlook improves
Recent collaborative study by Wall Street Journal and Indeed.com shows spurt in hiring across companies in the US
England take control after Ponting loses his cool
On the second day of the fourth Ashes test at Melbourne, England took control with a brilliant century from Jonathan Trott which gave the visitors a 346 lead with five wickets remaining at the end of the day's play.
FTC busts Internet marketer
iWorks advertises itself as an Internet marketing firm. The Federal Trade Commission calls it an Internet scamming operation and is taking the company, and its 51 shell companies, to court to shut it down.
NASA Makes Eclipse Movie On Mars
A set of NASA images from the rover Opportunity have been used to make a film of an eclipse as seen from Mars.
India's top 3 IT firms offer promotions, hikes to boost employee retention
India’s top three software services companies Tata Consultancy Services (TCS), Infosys Technologies Ltd and Wipro Ltd are all set to award their employees promotions and reward them with bigger hikes and perks come 2011 to retain best talent amidst competition from their rivals.
Genetic Codes For Wild Strawberry, Chocolate Unlocked
An international research team has sequenced the genome of the woodland strawberry, opening the door for breeding tastier, hardier varieties of the berry and other crops in its family. Separately, another team sequenced the DNA of a variety of Theobroma cacao, a tree considered to produce the world's finest chocolate.
H&R Block's refund loans hit regulatory hurdle
H&R Block Inc, the largest U.S. tax preparer, said it will not be able to help customers borrow money against their tax refunds in the coming months, as the bank that was supposed to provide the loans is under a regulatory directive not to.
Tesla Motors lock-up period ends, share price down
Shares of Tesla Motors fell about 13 percent on Monday, the day the electric carmaker's lock-up period expired, flooding the stock market with shares.
Wall Street dips on China hike; retailers hit by storm
U.S. stocks were slightly lower on Monday in a thinly traded session after a surprise interest rate hike from China's central bank over the weekend.
Charles Schwab has heart surgery, is recuperating
Charles Schwab, the chairman and founder of Charles Schwab Corp , is recuperating from successful heart valve replacement surgery, the largest U.S. discount brokerage said on Monday.
Netflix shares poised for a drop: report
Shares in online video rental service Netflix Inc have gotten too expensive and are poised to drop amid battles with Hollywood studios over licensing fees, Barron's said in its latest issue.
Global stocks dip, oil down after China rate rise
China's Christmas Day interest rate rise and a severe blizzard that blanketed the northeastern United States left U.S. share prices weak and the U.S. dollar lower in thinly traded markets on Monday.
Who is Mikhail Khodorkovsky?
In October 2003, Russian security agents' seized the country's richest man at gun point on the tarmac of a Siberian airport. ''Weapons on the floor or we'll shoot!'' the agents shouted. Then the man was dragged away to spend years in solitary confinement at a Soviet-era labor camp in the Chita region of eastern Siberia. His assets were seized by the state; his opulence was wiped out and his family left almost fractured.
Analysis: Consumer spending back to normal? Not so fast
As U.S. retailers get ready to box up their Christmas decorations after a better-than-expected holiday season, many shoppers plan to join them by putting their wallets back in storage.
H&R Block says HSBC terminates RAL funding pact
H&R Block Inc has said HSBC Holdings Plc will not provide funding for the no.1 U.S. tax preparer's refund-anticipation loans, or RALs, after U.S. regulators ordered the lender to terminate the contract.
Regulators halt HSBC's RAL funding deal with H&R Block
H&R Block Inc said a U.S. regulatory directive to block HSBC Holdings from funding the tax preparer's refund-anticipation loans will hamper its plans to roll out alternative products the next tax season.
Blizzard buries the northeast
A full-blown blizzard pounded the northeast from yesterday into today, making roadways hazardous, shutting down transit systems and causing at least one state government to declare a state of emergency.
Ponting fined over referral row, escapes suspension
Australian captain Ricky Ponting has been fined 40 percent of his match fee for his prolonged argument with umpire Aleem Dar during day two of the fourth Ashes test against England at Melbourne.
Snowstorm chills end of holiday shopping season
A major snowstorm on the East Coast kept many people away from malls just after Christmas, casting a pall on the final act of the holiday shopping season.
Analysis: As China raises rates, don't forget the yuan
China was Grinch-like in raising interest rates on Christmas Day, but in fact investors have good reasons to be grateful.
Wall Street dips after China rate hike, volume thin
U.S. stocks slipped on Monday as a surprise interest rate hike from China's central bank over the weekend prompted investors, worried about demand, to sell equities.
Russian oil tycoon Khodorkovsky found guilty
Former oil tycoon Mikhail Khodorkovsky and his business partner Platon Lebedev were declared guilty of fraud by the Moscow's Khamovniki court on Monday. Both men were accused of embezzling 218 tons of oil via their oil company Yukos and laundering over $97.5 million (3 billion rubles) in revenues.
China's central bank raises rates; Premier Wen confident about containing inflation
China's central bank raised one-year lending and deposit interest rates for the second time in 2010 on Saturday, leading Chinese stocks to rise sharply on Monday before falling.
Google slaps Android 2.3 or Gingerbread on a 42-inch Nexus S
Google displayed a gigantic 42-inch, fully functional Nexus S handset at a Best Buy store in San Carlos, California to give customers a first-hand view into the recently launched Android 2.3 Gingerbread.
Wall Street set for lower open after China's rate hike
Wall Street was set for a lower open on Monday as shares fell globally following a surprise interest rate increase from China's central bank.
iGate, Apax close to Patni Computer stake buy: source
A consortium of Apax Partners and iGate are close to buying 63 percent of Patni Computer, a source with direct knowledge of the matter told Reuters on Monday, in a deal valued at about $915 million.
New York hard hit as winter storm slams northeast
A blizzard pummeled the northeastern United States on Monday, dumping up to 29 inches of snow, disrupting air, rail and bus travel and forcing motorists to deal with blowing snow and icy roads at the end of the busy Christmas weekend.
BoJ board concerned about Fed's QE2
Bank of Japan's board is concerned about the U.S. Federal Reserve's quantitative easing, as Japan continues to bank on the global economic recovery for its own economic growth, minutes from the policy meeting showed.
Kia Motors to unveil KV7 concept in Detroit auto show
Kia Motors announced that it will unveil its KV7 concept car at the 2011 Detroit Auto Show on Jan. 10.