Down

EBay Inc said on Monday that Niklas Zennstrom, co-founder and chief executive of its Internet telephony unit Skype, has stepped down.

The S&P 500 index climbed to a record on Friday, surpassing levels reached during the Internet bubble, as General Electric Co. increased a stock-buyback plan and data showed improving consumer sentiment.

It took Apple Inc. more than six months to build the iPhone but curious gadget fanatics needed only minutes to tear one apart.

Pearson Plc (NYSE: PSO) and General Electric Co. (NYSE: GE) dropped plans on Thursday to propose a bid that would have rivaled News Corp.’s $5 billion offer for Down Jones & Co., Inc. (NYSE: DJ), publisher of the Wall Street Journal.

Ireland's dominant telephone company, Eircom PLC, shut down services Tuesday to smaller rival Smart Telecom leaving 40,000 households and businesses unable to make calls in a row over unpaid bills.

New orders for U.S.-made durable goods fell unexpectedly in August and orders excluding transportation or defense goods also declined surprisingly, a government report showed on Wednesday.

Chocolate retailer Thorntons Plc posted a 36 percent drop in full year profits on Tuesday because of sluggish high street demand

Sales of new U.S. homes tumbled to a smaller-than-expected seasonally adjusted 1.072 million annualized rate in July and a key inventory measure jumped to a ten-year high, pointing to a rapidly cooling housing market, a government report showed on Thursday.

Microsoft Corp. will release new versions of its Windows operating system in South Korea on Thursday to comply with an anti-trust ruling, a company source said on Wednesday.

U.S. chain store sales were mixed last week, as solid demand for back-to-school items were offset by cooler weather and the end of sales tax holidays, two reports showed on Tuesday.