General Motors, eBay test selling cars online
General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy vehicles online, the companies said on Monday.
China to start UAE tourist groups
Chinese citizens are allowed to tour another nine nations, including the United Arab Emirates (UAE) in the Middle East, from September 15, according to the National Tourism Administration.
Dell: mobile phone debut in China reportedly coming soon
Dell will launch a mobile phone in China in the next day or two, according to TechCrunch, which cites “a source with knowledge of the situation.â€
Stocks dip on profit taking after recent rally
Stocks fell on Monday, led by retailers, as investors booked profits following a four-week rally, though losses were limited by strong July sales at McDonald's Corp .
McDonald's same-store sales rise, stock up
McDonald's Corp said sales at restaurants open at least 13 months rose a better-than-expected 4.3 percent in July, helped by gains in Britain, France and the United States.
Markets dip on profit taking after recent rally
U.S. stocks fell on Monday, led by retailers, as investors booked profits following a four-week rally, though losses were limited by strong July sales at McDonald's Corp .
U.S. recession seen ending in third quarter
The worst U.S. recession since the Great Depression will probably end in the third quarter, but uncertainty exists over the speed and duration of the economic recovery, according to the most recent survey of private economists.
Three top Hollywood studios bring films to Web
It is a dash of Hulu and a sprinkle of YouTube, features a crystal clear picture, can rewind or fast-forward at lightning speed, and doesn't require a download of any special software.
Oil prices fall slightly tracking Wall Street
Oil prices dipped toward $70 a barrel on Monday tracking modest Wall Street losses on the eve of a meeting of the U.S. Federal Reserve, and after OPEC's president said current prices are not bad.
Nortel CEO to step down, quarterly loss widens
Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker works to sell off all of its major assets.
Mid-Day Minute - August 10
It's Ending but When?; Shaky Wall St; Phone Giant Winds Down
Wall Street sags on profit-taking; Fed, consumers eyed
U.S. stocks slipped on Monday as a four-week rally encouraged investors to take profits, but McDonald's better-than-expected July sales pushed up the Dow component, briefly lifting the index to a positive territory.
Nortel loss balloons, CEO to step down
Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker sheds major assets.
U.S. recession seen ending in Q3, debate over recovery
The worst U.S. recession since the Great Depression will probably end in the third quarter, but uncertainty exists over the speed and duration of the economic recovery, according to the most recent survey of private economists.
Mid-day Minute - August 10 Tech
Nortel Networks said on Monday its chief executive will step down immediately and its board will shrink from nine directors to three as the bankrupt telecom equipment maker sheds major assets. Nortel, once North America's biggest maker of telephone gear, also posted a bigger quarterly loss due to big reorganization costs and plunging sales, which it blamed on the weak economy.
Dynegy to sell $1.5 billion in assets to LS Power
Dynegy Inc said it will sell eight power plants to private equity firm LS Power for around $1.5 billion in cash and stock, basically ending a two-and-a-half-year joint venture between the two companies.
Oil prices edge above $71 a barrel
Oil prices edged above $71 a barrel on Monday as traders eyed directionless equity and currency markets for guidance on the eve of a meeting of the U.S. Federal Reserve.
U.S. job growth unlikely in the next year: Conference Board
A gauge of the U.S. job market remained unchanged in July for the third straight month, indicating that employment will remain weak throughout the coming year, a research group said on Monday.
Most drug-resistant TB cases go untested: expert
Cases of multi-drug resistant tuberculosis are underdiagnosed around the world and even among those who have been diagnosed, only a fraction are being treated, a Global Fund official said on Monday.
U.S. discourages quick school closure for swine flu
New U.S. guidelines for the pandemic of H1N1 swine flu released on Friday discourage the early closure of schools, unless the virus becomes worse.
Full Winner list of 2009 Teen Choice Awards
Below is the full list of the Winners in the 2009 Teen Choice Awards hosted by the Jonas Brothers and held at the Gibson Amphitheatre on Sunday night in Universal City, California.
McDonald's sales beat expectations
McDonald's Corp said sales at restaurants open at least 13 months rose a better-than-expected 4.3 percent in July, helped by gains in Britain, France and the United States.
Kate Gosselin Interview on the Today Show - she still wears wedding ring
Jon & Kate Plus 8 star Kate Gosselin tells TODAY's Meredith Vieira that she is coping with the breakup of her 10 year marriage to estranged husband Jon.
Daily Outlook - August 10- Energy
The National Clean Energy Summit 2.0: Jobs and the New Economy in the University of Nevada in Las Vegas kicks off Monday morning bringing together high ranked politicians and leaders of clean energy to talk about future prospects in the industry.
Interview of President Obama in 1993 emerges
An interview of President Barack Obama in 1993 when he was only two years out of law school surfaced online recently for a documentary released last week on DVD called Becoming Barack.
Echelon shares jump 40 pct on deal with Duke
Echelon Corp shares soared 40 percent Monday on news that the company has entered into a long-term agreement to supply smart meters to electric utility Duke Energy Corp.
First U.S. wireless pacemaker gives patient freedom
After relying on a pacemaker for 20 years, Carol Kasyjanski has become the first American recipient of a wireless pacemaker that allows her doctor to monitor her health from afar -- over the Internet.
AIG shares extend gains after profit
Shares of AIG, the beneficiary of a $180 billion U.S. government bailout, rose as much as 10 percent on Monday morning, extending strong gains last week, as the insurer returned to a profit in the second quarter, ending a six-quarter run of losses.
Breast reconstruction may not boost well-being
Women who have a mastectomy after being diagnosed with breast cancer seem have a similar quality of life in the long term whether they have breast reconstruction surgery or not, a research review suggests.
Spouses can make good organ donors
People who need a new kidney may need to look no farther than across the dining room table, according to a new study that shows that spouses are good potential sources for so-called