Fading hopes the Congress will strike a deal in debt talks any time soon have left investors scrambling to position themselves for what many now view as an inevitable downgrade of the U.S
The dollar fell on Tuesday as U.S. lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.
AT&T has announced plans to roll out Google Android's latest smartphone version Gingerbread update for six Android phones starting today.
A new report says Apple will likely come out with the iPhone 5 in September.
At $49, an iPod Shuffle or iPhone 3GS is not the cheapest way to enjoy the bounties of an Apple ecosystem, as AT&T has just the dropped the price of a refurbished iPhone 3GS to $9.
A new rumor circulating the web sphere says that Apple will be launching the next generation of iPhone, the iPhone 5, on both T-Mobile and Sprint networks.
German media tycoon Leo Kirch died on Thursday after years of illness and without ever resolving his protracted battle with Deutsche Bank, one of Germany's most bitter, drawn-out corporate disputes.
Deutsche Bank AG asked a Manhattan judge to dismiss a government lawsuit accusing it of fraud for repeatedly lying about the quality of mortgages it handled under a federal program.
Apple may launch iPhone 5 in October/November, instead of September, as the California-based technology giant is said to begin production of the next-generation iPhone in August/September.
Apple Inc. is gearing up production of the iPhone 5, but some analysts say it's unlikely to be revealed before 2012. Yet there seems little doubt, considering Apple's projection of selling 25 million iPhones by the end of 2011, that the release is right around the corner.
The iPhone 6, whose release is expected sometime next year, is being supposedly revamped to include a new charging method, according to some experts.
LivingSocial has picked Bank of America Merrill Lynch, JPMorgan and Deutsche Bank to lead-underwrite an IPO that could value the daily deals site at $10 billion to $15 billion, two sources with knowledge of the matter said.
Social coupon network LivingSocial has selected three banks to leads its IPO.
Apple could launch an unlocked version of iPhone 4S with prepaid voice offering.
Samsung Galaxy Skin verses iPhone 5
Technology giant Apple is expected to launch only one iPhone - dubbed as iPhone 5 - in September versus rumors stating that Apple may launch two iPhones.
The production of Apple iPhone 5 and iPad 3 is all set to start and the devices will be launched in the US in October, reports have said.
Axel Weber, the former president of the Deutsche Bundesbank, will join the board of directors of Swiss bank UBS AG at the next annual general meeting in May 2012, according to a report on Bloomberg.
The top after-market NYSE gainers on Thursday are: Oshkosh Truck, Phoenix New Media, National Bank of Greece, Hovnanian Enterprises and Beazer Homes. The top after-market NYSE losers are: Eastman Kodak, SouFun Holdings, CapitalSource, China Ming Yang Wind Power and Noble Corp.
The companies whose shares are moving in pre-market trade on Thursday are: Royal of Bank Scotland Group, Celestica, JA Solar Holdings, GT Solar International, Dendreon, Hess Corp, TJX Companies, Transocean, Allegheny Technologies and Centurylink.
The top after-market NYSE gainers on Wednesday are: USANA Health Sciences, Visa, Celestica, Lithia Motors, Ion Geophysical, AOL, Mastercard, Office Depot, Carnival Corp and Arrow Electronics.