Oil surges towards $75, eyes China, U.S. data
Oil surged for a fifth day toward its 2009 high of $75 a barrel, boosted by a weak dollar and strong earnings from Intel that pushed U.S. stock futures sharply higher.
Oil surges towards $75, eyes China, US data
Oil surged for a fifth day toward its 2009 high of $75 a barrel, boosted by a weak dollar and strong earnings from Intel that pushed U.S. stock futures sharply higher.
Exit strategy? U.S. still has big problem to solve
U.S. officials must figure out what to do about an economy that is growing yet not generating enough jobs before they can shift their focus to dismantling their multi-trillion-dollar rescue programs.
Will solar speed up emerging cellphone revolution?
Watching his sons kick around a makeshift ball made from tightly bound plastic bags, Ugandan handyman Jackson Mawa marvels at the way business has improved since he bought a solar-powered mobile phone.
Pepsi, Anheuser to jointly buy goods, services
PepsiCo and Anheuser-Busch have agreed to jointly purchase goods and services, from computers to travel, in the United States in a move one expert called a first for large companies.
Google Voice gets generous with its users
Google announced on Tuesday that it has begun offering its Google Voice testers the opportunity to invite friends to join the telephony service.
NY Mayor's Office in Play as Bloomberg, Thompson Square Off in First Debate
New York voters got a closer look at the top two candidates for the office of New York Mayor as incumbent Michael Bloomberg squared off against Comptroller William Thompson in their first of two debates.
Intel glides past Street expectations, cheers market
Intel Corp's quarterly outlook and results soared past expectations on Tuesday, sending shares 7 percent higher and fueling optimism over a tech sector recovery before the crucial holiday season.
Ford, UAW reach tentative deal on contract changes
The United Auto Workers and Ford Motor Co announced a tentative agreement on Tuesday with a no-strike provision and other concessions to bring its labor costs in line with U.S. rivals.
Treasury says AIG should lower retention payments
The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to retain staff, but which have stoked a controversy over pay at taxpayer-supported firms.
Cisco to buy wireless gear maker Starent for $2.9 billion
Cisco Systems Inc plans to buy advanced wireless equipment maker Starent Networks Corp for $2.9 billion to boost its product offerings as phone carriers build out next-generation networks.
Change Your Marriage From Being Roomates to Lovers
A marriage that is filled with love, romance, communication and passion is possible when you learn to demonstrate and verbalize your love on a daily basis.
Jackson scores 5 American Music Award nominations
Michael Jackson picked up five American Music Awards on Tuesday, almost four months after his sudden death turned him into the biggest-selling artist of the year, organizers said on Tuesday.
Cuba stops blogger traveling to NYC to accept prize
Cuba will not allow dissident blogger Yoani Sanchez to travel to the United States to receive a journalism prize, Columbia University said on Tuesday.
Rihanna's new album release date likely Nov 23
Rihanna's new album will likely be released on November 23, the R&B singer twitted Tuesday.
Jon Gosselin must return $180,000 he took, judge rules
A Pennsylvania judge ordered reality TV star Jon Gosselin to return $180,000 to a joint bank account he shares with estranged wife Kate Gosselin, People Magazine reported Tuesday, citing a source close to Kate.
Intel quarterly results beat Street, shares rise
Intel Corp's quarterly outlook and results shattered expectations on Tuesday, boosting its shares 6 percent and fueling optimism over a tech sector recovery before the crucial holiday season.
CSX 3rd-qtr profit beats on light revenue
CSX Corp , the No. 3 U.S. railroad, reported a stronger-than-expected quarterly profit on Tuesday and said it believed the worst of the recession is likely behind us.
Ex-Bear trial jury chosen, some ousted for bias
Two prospective jurors who wrote comments about wrongdoing and bending the rules on Wall Street were rejected by a U.S. judge on Tuesday for the trial of two former Bear Stearns Cos hedge fund managers on fraud charges.
Apple admits it has a Snow Leopard bug
Apple officially recognized that its Snow Leopard users may encounter a potentially serious bug, after it was first noticed in September.
Dollar hits 14-month low, but gold and oil gain
The U.S. dollar slipped to a 14-month low on Tuesday, pushing gold to a record peak and helping lift oil to a seven-week high on worries that U.S. interest rates would remain at rock-bottom lows for some time.
Gold hits record high as dollar weakens
Gold prices hit a record high in choppy trade on Tuesday, and silver, platinum, palladium and rhodium rallied to multi-month peaks, as the dollar's slide to its lowest level since August 2008 against the euro fueled buying of precious metals.
Charlie Davis, U.S. national forward injured in car accident
United States national soccer team forward Charlie Davis, 23, was injured in a single fatal car accident on the George Washington Parkway in Virginia on Tuesday. The accident left one dead, ESPN reported Tuesday.
Tavern on the Green sues NYC, seeks eviction delay
The operators of Tavern on the Green, the bankrupt storied restaurant in New York's Central Park, have sued the City of New York for more time to auction off the restaurant's assets.
Ford switch recall expanded by 4.5 mln vehicles
Ford Motor Co is expanding its massive vehicle recall linked to faulty cruise control switches by 4.5 million vehicles, the U.S. government said on Tuesday.
US says AIG should lower retention payments
The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to keep staff but which have stoked a controversy over pay at taxpayer-supported firms.
Wall St falters on J&J, banks; Intel beats Street
U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson stirred jitters about the strength of earnings, snapping the S&P 500's six-day winning streak.
Daily Wrap Up - Oct 13 (Tech)
Intel reported what it called the strongest second-to-third-quarter growth in 30 years of business. However, compared to the same period a year ago, revenue and profits dropped
Jon Gosselin ordered to return $180,000 to the couple’s joint bank account
The soon to be ex husband of Kate Gosselin, Jon, has been ordered to return $180,000 to the couple's joint bank account after withdrawing this in violation of an arbitrator's order.
Daily Commentary - 14/10/2009
A softer than expected result in the NAB business confidence survey did little to curb enthusiasm for the Aussie dollar in Asia yesterday as it held on to intraday support at 0.9050. During the offshore session the AUD momentarily jumped above the 91 cent mark following a rally in the Euro only to pull back to exchange at 0.9050 this morning ahead of the release of Westpac's Consumer Confidence survey.