Overall demand for IT services will continue to grow in 2012 as productivity efficiencies from IT are now a well-accepted reality, according to a senior executive of a major IT service provider.
PepsiCo Inc Chief Executive Indra Nooyi laid out a plan to turn around the company's North American soft drink business that includes ramping up advertising, cutting thousands of jobs and a bigger-than-expected decline in near-term earnings.
When commodities brokerage MF Global imploded, the FBI and federal prosecutors were quick to launch an investigation to pursue what seemed obvious to outspoken regulators and lawmakers: laws were broken and crimes were committed.
Activision Blizzard Inc. (NASDAQ:ATVI), the large video game maker, beat analysts' expectations as it retained more World of Warcraft subscribers and had massive retail sales for its Call of Duty title.
Bruins goaltender and reigning Conn Smythe Winner Tim Thomas refused to speak with reporters today after making controversial remarks on his Facebook page on Wednesday.
The Federal Bureau of Investigation (FBI) has posted a 191-page file on its website concerning the background investigation of the founder of Apple, Steve Jobs. Jobs was being considered for a presidential appointment to the President's Export Council of George Bush Sr. in 1991.
Oracle Corp agreed to buy Taleo Corp, a maker of Web-based software for recruiting employees, for about $1.9 billion, as technology giants battle for the top spot in the fast-growing cloud computing market.
Now that the all new Apple iPad 3 has a set release date of early March, the question now is will it be ethically produced by Chinese factory workers at places like Foxconn. Reports of poor working conditions in Chinese factories that make the $500 or more iPad, have forced Apple to confront the possibility it may have to intervene or at least make an effort to investigate the charges.
Gold prices rose 1 percent on Thursday as the euro rallied to a fresh two-month high against the dollar after Greece clinched a deal with European Union and IMF leaders needed to avoid a messy default.
There is a debate that has been heating up recently, and it's likely to continue to split some of the smartest minds from coast to coast. This debate revolves around whether prices for goods in the United States are on the rise or not.
Amazon Kindle Fire and Asus Eee Pad Transformer Prime, which were launched in the recent past, have already become two of the best-selling tablets, eating into iPad 2's market share. But the big question is - Do they really stand tall against Apple iPad 2?
Following days of exhausting political drama, high-level brinkmanship and stern rhetoric in both public and private statements, the red-eyed leaders of Europe's leading financial institutions reached a deal Thursday with Greece's governing coalition to impose further austerity measures on that country in exchange for a €130 billion bailout ($172.56 billion).
Oracle, the world’s biggest database developer, said it plans to acquire human resources software provider Taleo for $1.9 billion. The news sent shares of Taleo up 17 percent.
Managing a long-distance relationship can put extra strain on both the traveler and the one at home
Asian shares struggled but the euro recovered on Thursday, as markets were left without a clear direction after Greek political leaders failed again to conclude a deal for a bailout package, which Athens needs to avoid a messy debt default.
Asian shares and the euro struggled Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.
Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading.
Groupon Inc shares slumped Wednesday as the daily deal company's first quarterly results since it went public stoked concern about limited disclosure and slowing growth.
Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.
Gold fell on Wednesday as technical resistance prompted investors took profits after the previous session's rally and on moreuncertainty about Europe's economy.
Wall Street has been lashing out against the Volcker rule since it was proposed, but a senior Goldman Sachs executive said on Wednesday the trading restriction might actually help the investment bank's profitability.
An audit of the PA found the agency is dysfunctional and said the World Trade Center project is costing billions in cost overruns.
