Government mulls antitrust look at Apple: source
Regulators are considering an inquiry into whether Apple Inc violates antitrust law by requiring that its programing tools be used to write applications for the iPad and iPhone, a source familiar with the matter said on Monday.
Goldman subpoenaed in closely watched fund case
Lawyers for Goldman Sachs Group Inc have been served a subpoena to testify or provide information in a closely watched case of illegal insider trading allegations, according to a court document made public on Monday.
Australian dollar outlook 04/5/2010
The Australian Dollar is trading under USD0.9300 following Sunday's proposed tax changes by Australia's Federal Government, and yesterday's decision out of China, when it instructed banks to increase capital ratios in a bid to slow lending.
Heart Foundation: Tasmanians urged to be aware of risks of Heart Attack
Tasmania has been reported as one of the nation's highest rates of heart disease.
April auto sales up 20 percent in gradual recovery
Auto sales rose about 20 percent in April from recession-stunted results a year earlier, reflecting a still-gradual recovery in the economy.
Goldman makes rare, extensive lawsuit disclosure
Goldman Sachs Group Inc, in a rare move, disclosed information about the many lawsuits and shareholder challenges facing the bank.
Red Sox owner, trader Henry sticks to plan
Futures trader John Henry, who parlayed a knack for blackjack into an investing system to make billions of dollars, says he is sticking with his trend-following strategy even though it has not worked well lately.
Daily forex forecast - 04/5/2010
Australian Dollar: The Aussie dollar bounced off support between 0.9220 and 0.9230 on several occasions over the last 24 hours to open this morning relatively unchanged from yesterday's close at 0.9260.
Corrected: Goldman makes rare, extensive lawsuit disclosure
(Corrects fourth paragraph to show that the subpoena was revealed in a court document made public on Monday. The subpoena was not received on Monday.)
Electronic medical orders may save lives
NEW YORK - Doctors at a California children's hospital have found the first evidence that using an electronic system to communicate their orders may save lives.
Goldman supboenaed in closely watched fund case
Lawyers for Goldman Sachs Group Inc have been served a subpoena to testify or provide information in a closely watched case of illegal insider trading allegations, according to a court document made public on Monday.
GMAC posts profit, plans name change
GMAC Financial Services, a lender majority-owned by the U.S. government, posted its first profit since the fourth quarter of 2008 as it starts to recover from billions of dollars lost on bad mortgages.
Factory growth rises, consumer spending up
Manufacturing registered its fastest pace of growth in nearly six years in April while data on construction and consumer spending pointed to further strength in the economy.
UAL, Continental to form largest airline
United Airlines parent UAL Corp will buy Continental Airlines Inc for $3.17 billion in an all-stock deal that will form the world's largest carrier and potentially prune excess capacity in the airline industry.
Ford, Hyundai U.S. April sales up sharply
U.S. auto sales rose in April from recession-stunted results a year earlier, supported in part by incentives, led by Ford Motor Co and Hyundai Motor Co .
Investors skeptical of record Greek bailout
Markets reacted skeptically on Monday to a record 110 billion euro ($145 billion) bailout for Greece, with investors doubting it would offer more than temporary relief to a euro zone shaken by divisions and saddled with high debt.
BP shares extend slide as oil spill expands
Oil giant BP Plc's shares sank further on Monday as the oil spill in the Gulf of Mexico continued to grow and the U.S. Justice Department said it was taking part in an investigation of the disaster.
Optimism on economy a broad boost for Wall Street
U.S. stocks rose broadly on Monday as data showed the economy's recovery remained on track, and details of a European financial rescue package for Greece provided a measure of relief.
IBM buys cloud computing software firm Cast Iron
IBM said it bought privately held software company Cast Iron Systems to bolster its expertise in cloud computing, an increasingly popular technology that helps companies cut costs by enabling access to software online.
Pinstripes, pitchforks and profits
Many firms in Boston's financial district invest in things you can't touch: currency futures, index options, credit derivatives and so on.
Investors skeptical on record Greek bailout
Markets reacted skeptically on Monday to a record 110 billion euro bailout for Greece, with investors doubting it would offer more than temporary relief to a euro zone shaken by divisions and saddled with high debt.
Strong link between smoking and multiple sclerosis
A recent study published in the online issue of Neurology shows that smoking increases the risk of multiple sclerosis (MS) in people who carry certain established risk factors for the disease.
Australian scientists grow salt-tolerant durum wheat
The development of salt tolerant durum wheat with a yield percentage 25 per cent higher than its parent breed by CSIRO scientists, a significant breakthrough that proves to be beneficial for farmers in salt-affected regions in Australia.
Ford April U.S. sales rise 25 percent
Ford Motor Co posted a 25 percent increase in its April U.S. sales from a year earlier, propelled by record sales of its Fusion mid-size sedan and robust demand for trucks led by the F-series pickup.
Wall St gains on data, Greece package
U.S. stocks rose on Monday as data indicated the economy was on firmer footing, and details of a European financial rescue package for Greece provided a measure of relief.
Get a pet and relieve your stresses
According to an Australian three-year study, pet owners have reduced blood pressure and cholesterol levels than those without pets.
Swine flu vaccine wastage ‘substantial’
A survey found 42 per cent of swine flu vaccine doses distributed to a number of GPs, end up fast in the bin, with more than 7.5 million of the 19 million doses of the vaccine bought by the federal government at a cost of more than $100 million could be wasted.
Breastfeeding allowed for public servant mums in NSW
Mothers going back to work at the NSW public services have been granted a right to breastfeed their babies or express milk in the comfort of their private space at work.
Six Flags emerges from bankruptcy
Theme park operator Six Flags Inc emerged from Chapter 11 bankruptcy on Monday after wiping out more than a billion dollars in debt by turning the company's ownership over to bondholders.
BP shares slip further after Justice Dept comment
Oil giant BP Plc's shares in New York sank further in early Monday trade after news that the U.S. Department of Justice was taking part in the investigation of the massive oil spill in the Gulf of Mexico.