Corrected: Abbott to pay $126.5 million in false claims settlement
(Corrects headline to show that Abbott will pay $126.5 million, not $121.5 million. There are no changes to the text)
Wall Street cut gains as insider trading probe heats up
Stocks sharply pared gains late Tuesday afternoon, with indexes pulling back after news that federal authorities have ramped up an investigation into insider trading on Wall Street.
Backpackers trek the globe with tech toys
Backpackers are traveling the world with high-tech toys and are often searching as much for free Wi-Fi as for historical sites.
Microsoft plans do not track feature in browser
Microsoft Corp plans to introduce a new tracking protection feature in the next version of its Internet Explorer browser, which will let users filter out sites they don't want to share information with.
Consumer confidence down in December: IBD/TIPP Index
The IBD/TIPP Economic Optimism Index fell during December from the previous month, a report said.
Ireland unveils record austerity budget
The Irish government unveiled a tough 2011 budget on Tuesday which foresees 6 billion euros in spending cuts and tax hikes, warning that passage was crucial to avert a deeper crisis and free u
p EU/IMF aid.
Weary Irish brace for tough budget cuts
Irish people braced for tough cutbacks and higher taxes on Tuesday as the government readied a new austerity budget to shrink a soaring deficit and win access to emergency loans from the EU and the IMF.
Chinese hackers used Windows source code; siphoned off 50mb of US government emails
One of the U.S. diplomatic cables released by Wikileaks says that Chinese government had gained access to Microsoft source code which was used to hack into USG organizations.
Gold Price Hits New Dollar, Euro and Sterling Records, Silver Very Bullish
The Gold Price held near last night's new record highs for US, Euro and Sterling investors in London trade on Tuesday, recording an AM Gold Fix at $1426 per ounce as world stock markets gained more than 1.5%.
ABA delays decision on accreditation of foreign law schools
The council of the American Bar Association's (ABA) Section of Legal Education and Admissions to the Bar is delaying on deciding whether to accredit foreign law schools because the matter needs more study.
Google unveils Chrome software store
Google Inc showed off a new Web store for games, news and other software applications on Tuesday in an effort to carve out a bigger role in the next generation of Internet media and entertainment.
Vodafone Essar ties up with Wipro for software support
Vodafone Essar, a subsidiary of Vodafone Group has signed a contract with Wipro, for its telecom services for enterprise business customers.
Newcastle sack Hughton; Ashley berated
Chris Hughton was sacked as Newcastle United manager on Monday, landing the club in turmoil leading to press and fans all over England criticizing Newcastle owner Mike Ashley.
Applied Signal auction ignites cybersecurity M&A
Strong interest in an auction of electronic surveillance and intelligence company Applied Signal Technology Inc has sparked a rally in tech firms likely to be targeted by defense contractors facing cutbacks.
Celebrating John Lennon, not his death
On his 30th death anniversary, fans seem to be more interested in celebrating John Lennon and not wailing over his death.
Microsoft wooing Salesforce.com customers with rebates
Microsoft is offering customers of Salesforce.com thousands of dollars in rebates in a bid to woo them to its CRM system.
ANALYSIS: Compromise is Republican win
Obama has compromised with the Republicans. The wealthiest Americans will see their tax break continued for at least the next two years and the millions of unfortunate Americans who are out of work will see their unemployment insurance extended for 13 months.
Facebook will not block WikiLeaks page for now
Social networking site Facebook has no plans to ban content from a 'fan page' associated with WikiLeaks-at least, as of now.
3M sets 2011 profit target that could top Street
3M Co set a 2011 profit forecast that could top Wall Street's expectations, saying that strong growth in emerging markets including India and Latin America would offset a tepid U.S. economy.
IMF critical of 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.
S&P 500 hits 2-year high after tax cut deal
The S&P 500 climbed to a fresh two-year intraday high on Tuesday as investors bet a deal to extend tax breaks will prompt increased spending and buoy the economy while preserving returns for shareholders.
AGL, Nicor Merger Creates $8.6 Bln Natural Gas Firm
Energy services company AGL Resources Inc. announced an agreement to acquire rival Nicor Inc. for about $2.4 billion in cash and stock, creating a leading natural gas distributor in the U.S.
Concorde air crash: French court holds Continental, mechanic guilty
A French court on Monday ruled that debris from a Continental Airlines plane had caused the tragedy that killed 113 people outside Paris 10 years ago while holding Continental Airlines and one of its mechanics guilty of involuntary homicide.
WikiLeaks' Assange: highly skilled, deeply divisive
A computer hacker with no permanent home, WikiLeaks founder Julian Assange has been described as highly intelligent, determined, intense and sometimes paranoid.
Salesforce.com takes on Oracle in database market
Cloud-based software maker Salesforce.com Inc is entering the business of selling database programs that manage vast arrays of corporate data, challenging leader Oracle Corp in the $21 billion a year market.
M.D. Sass sees S&P up 20 percent by end 2011
U.S. equities are the cheapest major asset class and the benchmark Standard & Poor's 500 stock index will rise 20 percent in 2011, veteran money manager Martin Sass said on Tuesday.
BofA CEO says bank eager to raise dividend
Bank of America Corp will raise its dividend as soon as possible next year if it passes the current Federal Reserve stress test, Chief Executive Brian Moynihan said on Tuesday.
MetroPCS to Roll Out Android Phone
MetroPCS, the fifth-largest wireless carrier in the U.S., plans to unveil a no-contract smartphone in the first part of 2011.
Foxconn to ship iPad 2 as early as end February: report
Chinese electronics maker Foxconn Electronics, a manufacturer of Apple Inc's products, plans to begin shipping the new version of the iPad tablet device, known as iPad 2, as early as the end of February, DigiTimes reported on Tuesday.
Wikileaks Supporters Fight Back
As part of its 'Operation Avenge Assange,' a group of Wikileaks supporters called The Anonymous plans a Distributed Denial of Service (DDoS) attack against Paypal.