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Deputy Treasury Secretary Neal Wolin

Too big to Fail era over: Treasury Dept.

Too big to fail is now over and American taxpayers will never be asked to bear the costs of a financial firm's failure, said U.S. Treasury deputy secretary Neal Wolin.

Commodities drop across the board on fresh hawkish signals from China, EU woes

 Wen Jiabao
Commodities slid across the board on Wednesday on fresh signals from China that it will soon raise rates with lingering Euro area debt woes also helping keep investors away from risky assets. Gold and silver traded near their 2-week lows while copper and platinum fell to their lowest since late September. Also, December and January crude fell to its lowest since Oct. 29.
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Standpoint Research starts Cisco with 'buy'

Standpoint Research has initiated coverage on Cisco Systems with a 'buy' rating and a price target of $24 and analyst Ronnie Moas said the market has overreacted to the company's weak outlook.
Cotton

Now crops too can go 'Wireless'

For most, the word Wireless invokes various thoughts from accessing mails in a coffee shop to chatting with long distance friends on the touch or booking tickets at a go. Can anyone dream of Wireless Agriculture?
Hewlett Packard's headquarters have far fewer people in it...

Hewlett-Packard adopts new tech to help ease travel bookings

Hewlett-Packard Enterprise Services, a division of Hewlett-Packard Co, has licensed Pegasus Solutions RezView NG distribution platform to help Hewlett-Packard's clients improve their customer experience in airline, hospitality, rail, cruise and car rental services.
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TomTom boosts Indian JV stake to 90 pct

Netherland-based TomTom, a provider of location and navigation services, boosted its presence in India by increasing its stake in its Indian joint venture to 90 percent from 60 percent.
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3i posts interim profit, NAV rises 15 pct

British private equity firm 3i Group Plc reported a profit and a rise in net asset value for the first half, and it lifted its interim dividend by 20 percent to 1.2 pence.
SAP grills Oracle as Apotheker absent from trial

Oracle-SAP Trial Gets Ugly

The SAP-Oracle trial has taken some interesting twists and the end result could be damaging to both companies.
Terrestar Bankruptcy

Battle Looms In TerreStar Bankruptcy

A fight between EchoStar, Harbinger Capital Partners and holders of TerreStar Corporation's common stock could be brewing over the value of the TerreStar's spectrum and whether all of the company's affiliates should be in bankruptcy at all.
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Microsoft Launches Kinect

Having faced multiple hardware debacles ranging from Zune to Kin, Microsoft is out to prove naysayers false with its Xbox add-on Kinect, a motion sensor and voice recognition technology-based device that allows users to control games and movies with gestures and voice.
S. Ramadorai, chief executive officer of Tata Consultancy Services (TCS), speaks during a news conference to announce quarterly financial results in Mumbai October 22, 2008.

TCS wins A$50 mln contract from Australian energy co

Tata Consultancy Services (TCS), India's top IT services firm, said on Wednesday it signed a 5-year infrastructure management services contract worth more than AUD $50 million with Australia-based renewable energy company AGL Energy Ltd.

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