Stock futures signal slight gains
Stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.04 percent at 0820 GMT.
Microsoft Kinect arrives Nov 4, battle begins
Microsoft Corp will begin selling its Kinect motion-sensing game system on November 4, before the crucial holiday season, hoping to lure new and casual players to the Xbox and steal a march on rivals Nintendo Co Ltd and Sony Corp.
Perfect 10: porn publisher or copyright troll?
LOS ANGELES - What's more lucrative -- a copyright or a woman's breasts?
Rally snuffed out as Moody's slashes Greece
A recovery in stocks and the euro fizzled out on Tuesday after Moody's downgraded Greece to junk status, reigniting anxiety about Europe's debt crisis and causing a slight retreat from riskier assets.
Sprint to limit data roaming for laptop users: report
Telecoms company Sprint Nextel Corp will temporarily deactivate the accounts of laptop broadband users if they consume more than their allotted share of data while roaming, the Wall Street Journal reported.
Asia rally stalls as Moody's downgrades Greece
Asia's stock market rally paused on Tuesday and the euro sputtered after five days of gains as it struggled to break through a resistance after a downgrade of Greece's credit rating reminded investors that Europe's debt crisis was not over.
Gold rally: Global mining cos ramp up output
Gold producing countries are ramping up production following the rise in prices in the past few years, according to Gold Made Simple.
One of the main factors that influences the price of gold is supply and demand. When demand for gold exceeds supply, which is happening at present, the price of gold goes up and vice versa
Gold advances on safe haven buying
Gold showed signs of recovery in Asian trade as investors turned to safe haven buying on reports of Greek inability to repay its debts.
China regulator warns on property, local gov't risks
The global economic recovery is likely to be slow and tortuous and China faces risks from a multitude of factors including trade protectionism and bad real estate loans, China's Banking Regulatory Commission (CBRC) said on Tuesday.
Gold steadies as euro slips
Gold held steady on Tuesday on safe haven buying as a downgrade of Greece's debt to junk reminded investors the debt crisis in Europe was far from over.
Oil above $75 as Asian demand offsets Greece downgrade
Oil was slightly higher above $75 on Tuesday as prospects for rising demand in emerging economies offset concern about the impact of Europe's debt crisis.
Euro bounce running out of steam on profit-taking
The euro's rally showed signs of fading on Tuesday, with investors taking profits and sentiment towards the single currency staying fragile as debt worries returned after Moody's cut Greece's credit rating to junk grade.
Asia shares slip as Moody's downgrades Greece
Asian stocks slipped on Tuesday, snapping a five-day winning streak, as worries about Europe's debt problems returned after Greece was downgraded to junk status, a move which also stymied the euro's rally.
Microsoft Kinect arrives November 4th
Microsoft Corp will begin selling its Kinect motion-sensing game system on November 4, before the crucial holiday season, hoping to lure new and casual players to the Xbox and steal a march on rivals Nintendo Co Ltd and Sony Corp.
Asian shares slip as Moody's downgrades Greece
Asian stocks slipped on Tuesday, snapping a five-day winning streak, as worries about Europe's debt problems returned after Greece was downgraded to junk status, a move which also stymied the euro's rally.
Congress nears deal on bank trading crackdown
Banks looked increasingly likely to face some limits on swap trading as a proposal to rein in risky business practices gained traction among lawmakers negotiating a landmark Wall Street reform bill.
Hershey to trim 5 percent jobs in $300 million overhaul
Hershey Co plans to cut 500 to 600 jobs, or up to 5 percent of its workforce, as part of a restructuring aimed at upgrading and enlarging its facilities to compete globally and save some $60 million to $80 milllion in annual costs.
News Corp buys e-reader company Skiff
News Corp branched into the digital reader market with the acquisition of Skiff, a Hearst-backed company that helps distribute newspaper and magazine content to e-readers and other devices.
Correction: News Corp buys e-reader company Skiff
(Corrects to show News Corp buying only e-reader distribution platform, but not device, paragraphs 1, 6-7)
Moody's cuts Greek rating to junk
Moody's cut Greece's credit rating to junk status on Monday over risks to an EU/IMF bailout package, highlighting persisting doubts over the country's ability to exit a severe debt crisis.
Wall Street's gains melt as Moody's cuts Greece rating
U.S. stocks ended little changed in a low-volume session on Monday after a downgrade of Greece's debt took the wind out of the market's sails.
BP to face isolation from peers at Congress hearings
Top competitors are expected to distance themselves from BP Plc on Tuesday as normally clubby oil industry executives gather for a Capitol Hill grilling on the worst oil spill in U.S. history.
Wall Street surrenders gains as Moody's downgrades Greece
U.S. stocks ended little changed in a low-volume session on Monday after a downgrade of Greece's debt took the wind out of the market's sails.
Microsoft's Kinect to sell November 4th with 15 games
Microsoft Corp will begin selling its Kinect motion-sensing games system on November 4 ahead of the crucial holiday season, hoping to lure new and casual players to the Xbox and steal a march on rivals Nintendo Co Ltd and Sony Corp.
Cablevision to buy Bresnan, expanding west
Cablevision Systems announced a one-two punch to acquire Bresnan Communications for $1.37 billion and repurchase $500 million of its own stock, sending shares up 6.2 percent as investors cheered moves to expand its business while rewarding shareholders.
Moody's cuts Greece government ratings to junk
Moody's, citing risks on an EU/IMF bailout package, cut Greece's credit rating to junk status on Monday, pushing the euro down, although analysts expect little market impact from the widely expected cut.
Microsoft Xbox will carry live ESPN events
Microsoft Corp has struck a deal with Walt Disney Co's ESPN network to broadcast live sporting events -- for free -- into U.S. living rooms through the Xbox 360 games console, bypassing traditional cable providers.
Spirit Air cancels more flights
A pilots' strike at Spirit Airlines prompted the carrier on Monday to extend flight cancellations through mid-week, with shares of rivals moving higher on prospects of more business.
Guggenheim embraces YouTube video project
When YouTube began, it was likened by some as a scattered web version of a funniest home videos television show.
Wall St's last stand in closed-door horse-trading
Wall Street is making a last stand against regulatory reform in behind-the-scenes meetings in Congress, where lobbyists hope to use high-stakes horse trading to blunt provisions that could cost the industry billions of dollars.