Microsoft to Alter Vista on Google Complaint
Microsoft Corp. has agreed to modify its Windows Vista operating system in response to a complaint that its computer search function put Google Inc. and other potential rivals at a disadvantage, the Justice Department and Microsoft said on Tuesday.
Markets may spoil wealth management party - survey
The global wealth management sector showed lavish growth last year, with assets under management rising 14 percent, a survey showed, but the bonanza might be over if stock markets turned.
Google wins Internet content license in China
Google Inc. has won preliminary approval from Beijing to provide Internet content in China, the firm said on Wednesday, potentially allowing it to offer news in the world's second-largest Internet market.
Nintendo closes in on Sony in market value
Nintendo Co. Ltd. shot past Panasonic maker Matsushita in market value on Wednesday and closed in on Sony Corp. as investors watched it unseat Sony as unrivalled king of the game industry.
Gold retreats after rally, Tokyo hits 2-week high
Gold paused for breath on Wednesday after a rally the previous day, while the most active Tokyo futures contract rose to its highest in nearly two weeks on a weaker yen and gains in New York.
Politics spoils the party for Russian stocks
Buyers may not return in force until relations with the West improve and the next Kremlin leader is known.
Wall Street's undertow: drugs and anxiety
Wall Street's push for record profits is ruining careers, tearing apart families and keeping drug dealers busy, mental health experts say.
Best Buy Shares Drop on Lower Profit, OUtlook
Shares of Electronics retailer Best Buy Co. (NYSE: BBY) plunged on Tuesday that it said quarterly profit fell by 18 percent as sales of low-margin merchandise outpaced revenue from pricier products.
Kennedy asks student lender cuts, shares climb
The chairman of the U.S. Senate education committee on Tuesday introduced legislation to cut government subsidies to student loan companies, but the cuts were milder than some expected and lender stocks rose.
Apple iPhone Launch: Battery Life and ‘Overhype’
As shares of Apple climb higher in anticipation of the iPhone device’s June 29 launch, analysts are skeptical of new battery life claims and the hype surrounding the new unit.
Oil falls, Nigeria strike supports
Oil prices eased on Tuesday, pulling back from a 10-month high posted in the previous session on concerns that a strike call in Nigeria could further cut crude output in the world's eighth-biggest oil exporter.
Google aims to go carbon-neutral by end 2007
Google Inc. aims to cut or offset all of its greenhouse emissions by the end of the year, the Web search leader said on Tuesday .
Dollar falls broadly, tracks bond yields lower
The dollar weakened against most major currencies on Monday, tracking a slide in U.S. bond yields, while the yen fell to near 4-1/2 year lows on fading expectations of higher Japanese interest rates.
Yahoo! Hands CEO Reins to Yang as Semel Steps Aside
In the midst of a struggle with Internet rival Google, Inc. (Nasdaq: GOOG), Yahoo Inc. (NASDAQ: YHOO) said Monday that the company’s co-founder Jerry Yang will replace Terry Semel, who is resigning as chief executive.
Airlines shares rally on UAL guidance
U.S. airlines shares rallied on Tuesday, a day after United Airlines gave a positive revenue outlook for the second quarter.
Surge in GE shares pushes market cap past $400 bln
Shares of General Electric Co. surged more than 3 percent to a five-year high on Tuesday, pushing the company's market capitalization above the $400 billion mark, on a technically driven wave of buying, investors said.
Bonds rally as data support weak housing view
U.S. Treasury debt prices rose for a third straight day on Tuesday after data showing the first drop in housing starts since January reinforced the view that the housing sector would remain a drag on the economy.
Disney Deluxe
Walt Disney Co. is using a movie about a rat in the kitchen, 'Ratatouille,' as a hook to expand its its move into upscale branding
Swarmcast offers faster way to download iTunes
Privately held Swarmcast, which specializes in streaming video over Web connections, on Tuesday unveiled a new application to accelerate video downloads from Apple Inc.'s popular iTunes store.
Home Depot in $10 bln deal to sell unit
Home Depot Inc. has agreed to sell its supply division to three private equity firms, sources said on Tuesday, in a deal worth more than $10 billion.
AT&T offers live video sharing over wireless
AT&T Inc. is launching a video-sharing service for its wireless customers, a step toward offering converged services of wireless, video and Internet technology, the company said on Tuesday.
May housing starts fall 2.1 percent
The pace of U.S. home construction fell 2.1 percent in May to a slightly lower rate than analysts had expected while building permit activity, a signal of future building plans, increased more than anticipated, a government report showed on Tuesday.
Delta to decide on big order in 2007
Delta Air Lines Inc. is poised to start replacement of its widebody fleet, and will likely decide by the end of the year whether to go with Boeing Co.'s popular 787 Dreamliner or the Airbus A350 XWB, a top Delta executive said at the Paris Air Show.
Best Buy posts disappointing profit
Top U.S. consumer electronics retailer Best Buy Co. Inc. on Tuesday posted a weaker-than-expected quarterly profit, dragged down by sales of lower margin products such as notebook computers and video game consoles.
Blockbuster favors Blu-ray DVDs to HD DVD
U.S. video rental chain Blockbuster Inc. has come out in favor of the Blu-ray DVD format disc, tipping the balance against the rival HD DVD in the battle over next-generation discs.
Boeing dismisses Airbus order blitz
Boeing's top commercial airplanes executive on Tuesday dismissed a $45 billion order blitz unveiled by rival Airbus as the Paris air show awaited a potential $8 billion order for the Boeing 787.
BHP eyeing rival bid for Alcan: sources
The world's largest mining group is considering a bid to rival a $28.7 billion offer for the aluminum giant.
GE to buy stake in Regency Energy for $603 million
General Electric Co.'s energy unit will pay $603 million for a stake in Regency Energy Partners LP, an owner of natural gas pipelines and storage equipment.
Citigroup flags interest in German banks
Citigroup flagged its interest in buying a bank in Germany on Tuesday but played down recent talk that it was about to swoop on Commerzbank.
Expedia to buy back up to $3.5 billion in stock
Expedia Inc. said on Tuesday that it would spend as much as $3.5 billion to buy back more than a third of the online travel company's shares at a premium of at least 8 percent to Monday's closing price.