Energy Department allocates $300 mln for home appliances rebates
The U.S. Department of Energy announced on Tuesday it will offer $300 million in rebates funding for consumers who purchase home appliances qualified by Energy Star.
Goldman profit and pay surge in blowout quarter
Goldman Sachs Group Inc said quarterly earnings surged 33 percent on blowout trading results, trouncing forecasts and putting the bank on pace for hefty bonuses that could draw unwanted scrutiny.
Autos lift U.S. retail sales; inflation perks up
A jump in auto and gasoline sales salvaged an otherwise lackluster June for U.S. retailers, while an inflation gauge jumped by twice as much as expected, suggesting a long-awaited economic recovery will be sluggish.
Samsung releases SL720 and SL502 cameras
Samsung on Tuesday introduced a new line of its SL-series camera with high end display features.
HP's EDS Signs $90Million agreement with Nexus, Redbanc and Transbank
Hewlett-Packard's EDS closed a $90 million technology infrastructure management agreement with three financial services firms in Chile.
EBay Live! now dead
EBay Inc is pulling the plug on its annual eBay Live! event, eschewing the large networking affair for a series of more intimate gatherings to connect sellers.
CORRECTED: EBay Live! now dead
Corrects name of blogger in 7th paragraph, Ina instead of Ira
Wall St advances as earnings offset retail data
U.S. stocks managed modest gains on Tuesday as better-than-expected corporate profits overshadowed concerns about weak consumer demand.
House Democrats vow healthcare plan by August
U.S. President Barack Obama's plans to overhaul the $2.5 trillion healthcare industry got a boost on Tuesday as Democrats in the House of Representatives offered sweeping legislation and predicted passage on schedule by August.
British Airways - in tough business market - plans 1,000 round-trip giveaways
British Airways Plc, which is facing a tough business class market, is launching a contest to give away 1,000 round-trips starting in September.
Cisco: Internet Criminals Imitates and Operates like successful businesses
Internet criminals are doing business like legitimate companies to successfully execute their work, according to the Cisco midyear edition security report.
Microsoft CEO laughs off Google OS challenge
Microsoft Corp's chief executive attempted to laugh off the challenge of Google Inc's planned computer operating system on Tuesday, conceding only that it was interesting.
Apps, tweets and websites for wine drinkers
Don't know which wine to have with a pepperoni pizza? There's an app for that -- as well as websites and Twitter.
Cap-and-trade a 'threat' to U.S. economy: Palin
Alaska Gov. Sarah Palin, who ran for Vice President with Republican candidate John McCain in the 2008 Presidential Elections, called the American Clean Energy and Security Act a threat to the U.S. economy in an op-ed piece published in the Washington Post paper on Tuesday.
Sun earnings to miss forecasts; Oracle unfazed
Sun Microsystems Inc warned that quarterly results will sharply miss Wall Street projections, but the news did not appear to faze Oracle Corp , which is buying the company for $7 billion.
Jobs on iTunes: 'It's very hard for others to catch up'
Just three months after iTunes hit the 1 billion milestone, and after Saturday's one-year anniversary of the popular mobile app store - iTunes has now reached a record number of 1.5 billion downloads.
Yum! Brands rises ahead of 2Q results; Firm expected 'low point' for quarter
Shares of Yum! Brands, Inc rose on Tuesday ahead of the company's second quarter earnings report to be released after the market closes. The Louisville, Ky-based firm had previously predicted that the second quarter would be its toughest of the year.
US Airways to cut 600 airport jobs
US Airways Group on Tuesday said it would reduce airport staffing by 600 jobs this fall because of weak demand for business travel and declining revenue.
Tour de France stage 10 results: Armstrong remains 3rd
American cyclist Lance Armstrong remained third overall at the conclusion of the 10th stage of the Tour of France on Tuesday.
Sun Micro earnings to miss forecasts; Oracle unfazed
Sun Microsystems Inc warned that quarterly results will sharply miss Wall Street projections, but the news did not appear to faze Oracle Corp , which is buying the company for $7 billion.
Wall Street flat as earnings offset retail sales data
Stocks were stuck in a narrow range on Tuesday as positive corporate results were tempered by concern that consumer demand remains weak.
Oil prices dip on demand worries
U.S. oil prices dipped into negative territory on Tuesday as dealers worried a slow and bumpy economic recovery could delay a rebound in ailing world energy demand.
J&J profit falls but beats forecasts
Johnson & Johnson posted a 5 percent drop in second-quarter earnings on Tuesday, but profit and revenue beat analysts' forecasts thanks to surprisingly resilient pharmaceutical and consumer product sales.
Trend Micro Core Protection for VM unveils
Trend Micro on Tuesday unveiled its anti-malware software designed for virtual machines environments such as VMware's ESX or ESXi.
Apple App Store hits 1.5 bln downloads
Apple Inc on Tuesday said its application download hit 1.5 billion in its first year, setting another milestone for the store which has 65,000 apps and 100,000 developers.
Al-Qaeda threatens oversea Chinese for Muslim Uygur deaths
An Al-Qaeda branch in North Africa threatened to take revenge on oversea Chinese for the deaths of Muslim Uygurs in the deadly July 5 violence in China's Xinjiang, Bloomberg reported on Tuesday, citing a report from a risk analysis company.
Baosteel ups steel prices, may signal iron ore deal
China's Baosteel will raise prices of its major steel products by 9 to 13 percent next month, more than expected, a move that may suggest mills have effectively given up their battle for lower iron ore prices.
Obama admin pushes financial consumer watchdog
The U.S. government's fragmented system for protecting financial consumers is designed to fail and must be replaced by a single, powerful new agency, a senior U.S. Treasury official said on Tuesday.
CBS joins Comcast On Demand Online trial
Comcast Corp has signed up CBS Corp as the first broadcast network to participate in the cable company's technical trial of a program to make more television shows available to Internet users.
Madoff's prison life begins in North Carolina
Bernard Madoff's prison life began on Tuesday, a long way from the luxury homes, sleek yachts and precious designer watches and clothes he accumulated in the years he ran Wall Street's biggest investment fraud.