Nokia, the world's largest cellphone maker by volume, reported better-than-expected quarterly core earnings, although they still fell 73 percent as its new Windows Phones failed to compensate for diving sales of its old smartphones.
IBT Staff Reporter
Jan 26, 2012
Microsoft's next-gen video game console, rumored to be called Xbox 720, will be ready to ship and be released by November 2013. The console will reportedly feature six times the processing power of its predecessor, the Xbox 360.
Dave Smith
Jan 25, 2012
Gold fell on Tuesday as a lower euro, due to an impasse to restructure Greek debt, and weakness in crude oil and equities prompted investors to take profits.
Mike Obel
Jan 24, 2012
Investors buoyed by a European Central Bank backstop flocked to a sale of Spanish short-term debt on Tuesday, buying three- and six-month paper at sharply lower yields to give a shot in the arm to the country's ambitious deficit-reduction program.
IBT Staff Reporter
Jan 24, 2012
Stock index futures fell on Tuesday as talks to resolve Greece's debt crisis stumbled again and analysts pointed to a short-term top in equity markets after the S&P 500 posted five days of back-to-back gains.
IBT Staff Reporter
Jan 24, 2012
Digital music revenues rose eight percent in 2011 to $5.2 billion, but it was not enough to prevent another annual decline in the overall market to $16.2 billion from $16.7 billion in 2010.
IBT Staff Reporter
Jan 23, 2012
The BSE Sensex rose for a third straight session, inching up 0.08 percent on Monday, helped by financials while a decline in Reliance Industries (RELI.NS), which reported its first quarterly profit fall in two years, capped the index gains.
W Rorrkychand Singh
Jan 23, 2012
For fashion zealots around the world, Mercedes Benz Fashion Week is like Christmas, Halloween and the Fourth of July all in one. Happening twice per year, it is the jubilee for any and every fashion devotee. Fashion Week for Fall 2012 kicks off in New York City Feb. 9 and will usher in a slew of chilly-weather collections. In recent years, Fashion Week has not only catered to elite aficionados, but also to the end-consumer. Can pre-order options bridge the time gap between runway show and end-co...
Cavan Sieczkowski
Jan 23, 2012
Mustafa Mohammed Abdul Jalil, the chairman of Libya's ruling National Transitional Council (NTC), warned on Sunday the country could be heading toward a bottomless pit after protesters stormed a government office in Benghazi while he was inside.
J.J. McGrath
Jan 22, 2012
General Electric Co's fourth quarter revenue fell more sharply than expected, hurt by weakness in Europe and unfavorable foreign exchange rates, sending its shares down about 3 percent in premarket trading.
IBT Staff Reporter
Jan 20, 2012
Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares.
IBT Staff Reporter
Jan 20, 2012
Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares.
IBT Staff Reporter
Jan 19, 2012
Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as Europe's economic malaise weighed, a rare miss that triggered a 9 percent slide in its shares.
IBT Staff Reporter
Jan 19, 2012
Rick Perry suspended his campaign for the Republican nomination Thursday, ending one of the race's most bizarre and entertaining candidacies. But flash back to September, and nobody -- nobody -- would have predicted we'd see this day.
Joseph Orovic
Jan 19, 2012
New applications for unemployment benefits dropped to a near four-year low last week, a government report on Thursday showed, pointing to continued improvement in the labor market.
Mike Obel
Jan 19, 2012
Producer prices fell in December as companies paid less for gasoline and vegetables, although higher prices for light motor trucks pushed a measure of underlying inflation higher.
IBT Staff Reporter
Jan 18, 2012
Industrial output rose in December as manufacturing rebounded at its strongest pace in a year, further evidence the economy ended 2011 on a firmer footing.
IBT Staff Reporter
Jan 18, 2012
Shares of Google, the No. 1 search engine, fell $4.53 to $624.13 in early Wednesday trading after the European Competition Commissioner said he might bring a complaint against it by March 31.
David Zielenziger
Jan 18, 2012
China's new home prices fell in December from November, a third straight month of declines, and analysts expect prices will fall further as Beijing sticks to its tightening campaign against the once-hot real estate market.
IBT Staff Reporter
Jan 17, 2012
Majesco Entertainment Co's fourth-quarter results came in below market expectations hurt by higher operating costs, and the video game publisher forecast a weak 2012.
IBT Staff Reporter
Jan 17, 2012
There isn't much for certain about the New York Knicks--except that they aren't very good right now.
Tom Dworetzky
Jan 17, 2012
Shares of cruise operator Carnival Corp. plunged 15 percent on Tuesday after a ship operated by its unit struck a submerged rock and keeled over off the coast of Italy late on Friday.
IBT Staff Reporter
Jan 17, 2012