Fusion Power Comes A Step Closer
Fusion power may be a step closer as MIT scientists have found a way to contain hot plasma more efficiently.
TD Bank eyes Chrysler Financial: source
Toronto-Dominion Bank is in talks to buy lender Chrysler Financial from private equity firm Cerberus Capital Management , a source said on Tuesday.
Google nips Microsoft as government agencies move to the cloud
Google Inc has won a share of a federal government contract that the company hopes will give it a boost over Microsoft Corp as they race to convert government agencies to cloud computing.
Bank of America settles, U.S. continues bond probe
Bank of America Corp will pay $137 million to settle a municipal bond bid-rigging probe which is likely to result in more cases being filed in the coming weeks and months.
One Communications Corp buyers to submit bids Tuesday: sources
EarthLink is one of the few remaining companies likely to make an offer to buy privately held One Communications Corp, as a deadline for bids arrives on Tuesday, said four people close to the deal.
Texas Instruments narrows quarterly guidance
Microchip bellwether Texas Instruments Inc narrowed its quarterly earnings and revenue guidance, in line with analysts' expectations, as the industry deals with sluggish end-of-year demand.
Microsoft plans to ramp up browser privacy
Microsoft Corp plans to give users of its new Internet browser the ability to stop certain sites from gathering information from users as the company looks to head off federal online privacy legislation.
BofA pays $137 million to settle fraud charges
Bank of America Corp will pay $137 million to settle allegations by federal and state authorities that it defrauded buyers of municipal bond derivatives.
Euro zone must avoid piecemeal solution: IMF chief
The euro zone needs a comprehensive solution to the debt crisis rocking the group and must avoid a country-by-country approach, the head of the International Monetary Fund said on Tuesday.
Rhee launches education reform group
Michelle Rhee, the former chancellor of schools in Washington D.C., has ended speculation about her next move, announcing on Monday that she has started a new non-profit organization that will seek reforms in public educational policies at the local, state and national levels.
Google takes wraps off first Chrome PCs
The first laptops powered by Google Inc's Chrome system will hit store shelves later than expected, as the Internet company works out bugs in a family of Web-centric computers intended to take on Microsoft Corp and Apple Inc.
Penn. law firm accused of using non-lawyers to review, sign foreclosures
A Pennsylvania-based law firm has been sued for using non-lawyers to review, sign and file foreclosures that caused people to lose their homes.
Wikileaks founder jailed in England
Wikileaks founder Julian Assange is behind bars in London, facing extradition to Sweden where he is charged with rape and sexual molestation in two separate cases.
Comcast says no plan for usage-based pricing
Comcast Corp has no plans to start charging customers based on how much broadband is consumed by online video and other content, a top executive said on Tuesday.
Spike in rates, insider probe derail rally
Stocks eked out a small gain on Tuesday as investors' enthusiasm over a tax cut extension deal was short-circuited by rising bond yields and reports regulators were stepping up an insider-trading probe.
Rising rates, insider probe derail rally
Stocks eked out a small gain on Tuesday as investors' enthusiasm over a tax cut extension deal was short-circuited by rising bond yields and reports regulators were stepping up an insider-trading probe.
October consumer credit up $3.4 billion
- Total Uconsumer credit rose $3.4 billion in October on rising student loans, which offset a decline in revolving credit, including credit cards, Federal Reserve data showed on Tuesday.
U.S. factory revenue to grow in 2011: ISM
The manufacturing and services sectors will grow in 2011, with manufacturing revenue expected to increase by 5.6 percent, the Institute for Supply Management said in a semi-annual forecast released on Tuesday.
AIDS charity raises $1 million and dead celebs live!
It took longer than many thought -- and comedians had a laugh at their expense -- but singer Alicia Keys and her celebrity friends raised $1 million for an AIDS charity and, with it, lived to tweet again.
Volatility recedes, volume spikes
Volume in stocks surged on Tuesday as more than 11 billion shares changed hands on the New York Stock Exchange, NYSE Amex and Nasdaq.
Florida court reverses conviction of school principal accused of child porn
A three-judge bench of the Second District Court of Appeal in Lakeland, Florida, has ruled that pasting of face photos of 11- and 12-year old children over the heads of nude adult women doesn't amount to child pornography.
Irish government urges passage of demanding budget
The Irish government urged parliament on Tuesday to approve a tough 2011 austerity budget which foresees 6 billion euros in savings and must win passage for the country to receive emergency loans from the EU and IMF.
3M sees headwinds in 2011, shares dip
3M Co said on Tuesday it would face headwinds, especially in the developed world, that would prevent sales from hitting internal targets in 2011, a forecast that made its stock the biggest decliner on the Dow.
FBI warns Barbie doll could be used for child porn
The FBI has issued a cyber crime alert for a new Barbie doll that comes equipped with a tiny hidden video camera in her chest, saying the toy could be misused to make child porn.
Lying telemarketers busted
Do those debt relief ads you see on the TV or the offers you get over the phone sound too good to be true?
IMF chief criticizes euro zone crisis management
The head of the International Monetary Fund criticized Europe's disjointed response to the euro zone debt crisis on Tuesday after Germany and other states resisted his calls for bolder action.
Citigroup shares rise after bank escapes U.S. fetters
Shares of Citigroup Inc rose 4 percent on Tuesday, a day after the U.S. government sold off its remaining stake in the bailed-out banking giant.
Abbott to pay $126.5 million in false claims settlement
Abbott Laboratories and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments, the U.S. Justice Department said on Tuesday.
Abbott to pay $121.5 million in false claims settlement
Abbott Laboratories and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments, the U.S. Justice Department said on Tuesday.
Talbots 4th-quarter forecast disappoints, shares plunge
Women's clothing retailer Talbots Inc said it could post a loss from continuing operations in the fourth quarter and that sales in that key holiday period could fall, sending its shares down 22 percent.