IBT Staff Reporter

Wireless service provider Clearwire Corp said on Tuesday that it would offer its customers applications such as e-mail and calendar from Web search leader Google Inc.

Toyota Motor Corp on Monday threw down the gauntlet to GM in a race for the next green car.

TCL Corp 000100.SZ began sending BlackBerry handsets to partner China Mobile in 2007's fourth quarter, suggesting the launch of the popular email device in China is just around the corner.

Citigroup Inc., the nation's largest bank by assets, reported the company's biggest quarterly loss and slashed dividends on Tuesday as loan defaults in recent quarters forced it to write down the value of subprime-mortgage investments by $18 billion.

Consumer electronics maker Toshiba Corp said on Monday it is slashing prices of its HD DVD format players by between 40 to 50 percent as major Hollywood studios move to embrace Sony Corp's Blu-ray format high definition DVDs.

Dream Big is the theme of the National Retail Federation's annual conference taking place this week and that is likely to be what many U.S. retailers will do to survive 2008 -- dream big of greener pastures.

Copper Futures rose on Monday after the dollar slipped, which also drove investments into other commodities such as gold and oil.

Under growing pressure from law enforcers and parents, MySpace agreed Monday to implement several security measures to protect young users from sexual predators and bullies.

Google, along with a set of other companies, was cleared by federal regulators to bid for a highly desired chunk of wireless spectrum on January 24.

Citigroup will announce at least a $10 billion injection and a write-down of as much as $20 billion in mortgage-related investments when it announces its fourth quarter earnings tomorrow, the Wall Street Journal reported Monday.

Shares of Apple rose more than 3 percent on Monday ahead of eager anticipation for tomorrow's Macworld expo in San Francisco, which will likely bring with it new product announcements that could push the company's outlook even higher than last year's strong effort.

Sprint Nextel Corp. plans to lay off several thousand employees, according to a media report Monday.

International Business Machines Corp. (IBM) posted strong results for its fourth fiscal quarter on Monday, beating analysts expectations on good results from its international divisions and boosting the overall tech sector.

Crude oil rose over $1 on Monday after the dollar dropped against the euro, and strained relations between the U.S. and Iran raised worries about crude supply.

Gold futures rose to a new record on Monday, closing above $900 an ounce for the first time following a dip in the dollar, which increased demand for the precious metal as an investment alternative.

The dollar fell near its all-time low on Monday on speculation poor results from major U.S. banks this week will prompt the Federal Reserve to cut interest rates.

Ahead of Macworld Expo tomorrow where Apple, Inc. is anticipated to announce its own movie-rental business, online rental service Netflix Inc. said Monday its subscribers will be able to stream as many movies and television shows as they want online for no additional charge.

Gold surged to a historic high above $910 an ounce, as investors rushed to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates.

U.S. stocks rallied on Monday after IBM Corp. reported better-than-estimated preliminary fourth quarter earnings, boosting technology shares and pushing the Dow Jones Industrial Average to a gain of more than 100 points. Shares of IBM, the world's biggest computer-services provider, rose the most in five years.

A pair of the largest U.S. banks are expected to report big losses this week, including write-downs worth tens of billions of dollars due in part to the ongoing global credit crisis, triggered by bad bets in mortgage-related investments.

The number of people subscribing to newspapers may be shrinking as they flock to the Internet, but electronic book readers won't shred the market for ink, paper, glue and binding anytime soon.

Iran, Mideast peace and democracy in the region topped the agenda for President Bush during talks Monday with ally Saudi Arabia. Bush's first visit to the kingdom came as his administration notified Congress of its intent to sell $20 billion in weapons, including precision-guided bombs, to the Saudis. The announcement was timed to coincide with the president's arrival in the Saudi capital.

Apple Inc and China Mobile have called off talks to launch the U.S. firm's popular iPhones in China, dashing investor speculation that the device will hit store shelves soon and sending China Mobile shares down.

U.S. President George W. Bush accused Iran on Sunday of threatening security around the world by backing militants and urged his Gulf Arab allies to confront this danger before it is too late.

Goggle launched an updated interface on Friday for the Apple iPhone which acts as a Google Control Panel, making it easy to switch between their popular services.

Chrysler LLC and Nissan Motor Co. announced a partnership on Friday for the South American market which calls for cars produced by Nissan but sold under the Chrysler brand name.

Food products from cloned animals such as milk and meat were qualified safe to eat by the European Food Safety Authority, a move which could bring those controversial products closer to the market.

The One Laptop Per Child Project (OLPC) will broaden the distribution of its low-cost laptops, originally made for children in developing nations, to destitute students in the United States.

Airline travelers were exposed to identity theft by a U.S. government web site meant to help them remove their names from a security no-fly list, according to a new report.