Software giant Microsoft should replace Steve Ballmer as its Chief Executive, Greenlight Capital Inc. President David Einhorn said at the Ira Sohn Investment Conference in New York.
Swiss bank UBS is planning to separate its investment bank and incorporate it outside of Switzerland to placate regulators, the Wall Street Journal reported on Thursday.
Crude oil futures gained to above $101 a barrel level in Europe trade on Thursday as increased fuel demand in the U.S. and weaker dollar buoyed sentiment.
India is talking with other emerging nations to build support for a common candidate for a developing economy to be the next head of the International Monetary Fund, with Mexico's Central bank chief being a possibility, said two government sources, reported Reuters.
The overall trend of the market is often times much more powerful than a short-term change in a technical reading.
Southeast Asia is rapidly becoming one of the world’s most powerful economic juggernauts, driven by fast growth and strong monetary policies by local central banks.
A text version of JFK's famous moon speech along with the video.
Google's long awaited mobile wallet or Near Field Communication (NFC) enabled smartphones which will make processing payments with a mere wave of the phone near a point-of-sale a reality is due to be unveiled on Thursday.
The San Diego wireless company has joined AT&T competitor Sprint in opposing the merger between AT&T and T-Mobile USA.
Gold rose to a record high for the third consecutive session on Wednesday as deepening concern over Europe's sovereign debt crisis spurred demand for the metal as a safe haven investment.
Gold Prices at Tuesday morning's London Fix hit record Euro and Pound Sterling highs - €1078.85 and £942.22 per ounce respectively. The US Dollar ticked lower after a Federal Reserve official suggested monetary policy may remain loose for an extended period.
On May 22, the Federal Reserve Bank of New York added 32 new money market funds in addition to the existing set one of Primary Dealer counterparties.
Infosys Technologies, India’s second largest outsourcer, continued its expansion in China by setting up a new campus at the Zizhu Science and Technology Park in Shanghai and planned investment up to $150 million, reports said
The Gold Price in Euros shot to a new all-time high of €34,746 per kilogram (€1080 per ounce) - 1% above Friday's close. The Euro price to Buy Gold has risen 16% since this time last year.
The top pre-market NASDAQ Stock Market gainers are: Identive Group, Santarus, Spectrum Pharmaceuticals, Avanir Pharmaceuticals, Orckit Communications, and Sangamo Biosciences. The top pre-market NASDAQ Stock Market losers are: Travelzoo, Hanwha SolarOne, JDS Uniphase, Aixtron, Apollo Investment, and LM Ericsson Telephone.
FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.
The solid demand for gold is not supported just by private individuals and panicky investors, but countries like China, India and Russia are ramping up investment in the yellow metal.
A security flaw in the LinkedIn’s professional networking website makes users' accounts more prone to hacking without the use of passwords.
Apart from the failed Doomsday prediction, Harold Camping has a reputation of being a nice and sincere guy. He is just a bit mistaken, but the devastated aftermath of the mistake needs to be sincerely dealt with.
Analysts say if Facebook has its IPO, before the social networking market corrects itself, it could easily be the biggest ever.
The dollar may need to make room for the Euro and the Renminbi as the rise of economic strength and influence of emerging markets threaten its dominant position as the world's currency.
Signs of a Wall Street sell-off are all over the place, but U.S. stocks might well survive another week relatively unscathed if investors keep betting on sectors less vulnerable to an economic downturn.