Wall Street rises as earnings and M&A stoke optimism
U.S. stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.
Prince rocks Madison Avenue concert
Prince drove the audience crazy with his medley of hits, solos, dancing - in short his musical genius at Madison Square.
Canada's TD Bank bets $6 billion on U.S. auto lending
Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.
Ernst & Young sued by NY for fraud over Lehman
New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.
Scientists Fail To Create Black Hole -- This Time
Scientists didn't see black holes when they fired up the Large Hadron Collider, but they plan to try again.
Tessera wins round in chip patent fight
A appeals court ruled in favor of Tessera Technologies Inc in a chip patent dispute with Qualcomm Inc , Spansion Inc , Freescale Semiconductor Inc , ATI Technologies and STMicroelectronics NV .
Census: US growth rate slows
There are now 308.7 million people in the United States, or 308,745,538 persons to be more exact as of April 1, 2010, according to the U.S. Census Bureau, which released the 2010 Census data today.
Call of Duty: Black Ops sets record for Activision
Activision Blizzard Inc has raked in more than $1 billion in worldwide sales of Call of Duty: Black Ops, the latest installment of the U.S. game publisher's most successful franchise.
Collahuasi mine scrambling to find new export route
The world's No. 3 copper mine, Collahuasi, scrambled on Tuesday to find a new way to ship metal and generate cash after an accident shut its Patache port terminal, strangling its exports as copper prices hit new highs.
ITC to take Motorola patent case against Microsoft
A trade panel that specializes in patent cases has agreed to hear the complaint of Motorola Inc's subsidiary Motorola Mobility against Microsoft Corp , the panel said on Tuesday.
Wall St rises as earnings, M&A heightens optimism
Stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year.
Microsoft says 1.5 million Phone 7s sold in 6 weeks
More than 1.5 million cellphones carrying Microsoft Corp's Windows Phone 7 operating software have sold in the first six weeks of launch, meeting what the company called realistic expectations.
Apple TV sales expected to rise to 1 million
Apple Inc expects sales of Apple TV to top 1 million units this week, showing that the device is gaining traction in bringing the Web to TV.
TD Bank bets $6 billion on U.S. auto lending
Toronto-Dominion Bank is buying Chrysler Financial for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the U.S. economic recovery.
2011 Gold Price Forecast at $1500 or even $1800 on Gov Debt, China-US Currency War
The Gold Price touched a 4-session high at $1390 per ounce in early London trade on Tuesday, rising for Euro and UK investors as world stock markets hit new two-year highs.
New York sues Ernst & Young, alleges Lehman fraud
New York prosecutors sued Ernst & Young, accusing the accounting firm of helping to hide Lehman Brothers Holdings Inc's financial problems, the first major government legal action stemming from the Wall Street bank's 2008 downfall.
EU, EFSF to start raising Irish cash in January
European rescue funds will start raising cash on the market to help Ireland in January, starting with bonds issued by the European Financial Stability Mechanism, the European Commission said in a statement.
Windows Phone Sales Hit 1.5 Million
Microsoft says that in six weeks on the market 1.5 million phones carrying the Windows Phone 7 operating system were sold.
Analysis: FCC plan feared stunting Internet TV services
Internet TV services planned by Microsoft, Google and Amazon could be held back by imminent rules that would allow phone and cable companies to charge consumers based on usage, media executives told Reuters.
TD Bank to buy Chrysler Financial for $6.3 billion
Toronto-Dominion Bank is buying Chrysler Financial from Cerberus Capital Management for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the resilience of the U.S. economy.
Wall Street gains on M&A, earnings; technicals positive
Stocks advanced on Tuesday as solid earnings and a flurry of merger action laid the foundation for a steady upward trend in the equities market that investors potentially see accelerating.
Autism law needs reauthorization
Autism is growing at an alarming rate in the United States. Just 20 years ago, about one in 5,000 children were diagnosed with the disorder. The current rate, according to the U.S. Centers for Disease Control and Prevention, is 1 in 110.
German consumer confidence outlook slips slightly
Consumer confidence in Germany is slipping, as people are unsure about the economic recovery in the region and their personal income, a survey said on Tuesday.
Carnival Q4 profit up 29 pct, booking volumes strong
Leisure company Carnival Corp. & Plc reported a 29 percent rise in fourth quarter profit, as 4.9 percent capacity increase and higher revenue yields drove revenue growth.
Microsoft says 1.5 mln Phone 7s sold in 6 weeks
More than 1.5 million cellphones carrying Microsoft Corp's Windows Phone 7 operating software have sold in the first six weeks of launch, meeting what the company called realistic expectations.
40 words per minute; Swype beta now available on all Androids
Virtual keyboard maker Swype has released its beta version of for all Android phones for a limited period of time.
Fed extends USD swaps with major central banks
The world's major central banks said on Tuesday they would extend emergency supplies of U.S. dollar funding to money markets, in a sign that authorities remain concerned about financial instability as governments grapple with debt problems.
India Retains Top Position as World's Most Preferred Destination for Offshore Outsourcing
India continues to be world’s most preferred destination for offshore outsourcing, a new study by Gartner Inc said.
Silicon Valley Start Up Kno Ships Educational Tablet
California-based start up Kno Inc. announced it has begun shipping its Linux-based touch screen educational tablet for students, letting them read textbooks, take notes and browse the Web.
Four arrested in widening insider trading probe
Four people, including an executive from an expert networking firm, have been arrested by the Federal Bureau of Investigation (FBI) agents in an operation seen as part of a widening probe into insider trading.