The top after-market NASDAQ Stock Market gainers are: Nathan's Famous, Thoratec, Netlist, Iridium Communications, and DryShips. The top after-market NASDAQ Stock Market losers are: Internap Network Services, PowerSecure International, Clearwire, Bon-Ton Stores, and Pacific Biosciences of California.
Raj Rajaratnam, 54, the founder of the Galleon Group and a hedge fund multimillionaire, began his 11-year prison sentence at a former military base, near the town of Ayer, Massachusetts.
SAP AG's purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.
Amanda Knox, who was cleared of murder charges and freed in October after being imprisoned in Italy for four years, has hired a lawyer to help her shop book deals.
World's No.1 social network, Facebook, confirmed Monday it has hired Gowalla's management team but is not interested in the brand's service or location-based technology.
Sun Life Financial (SLF.TO: Quote) is cutting about 90 positions after weak market conditions sent the insurer to its first quarterly loss in two years.
New Jersey's annual bear hunt began on Monday in spite of attempts by animal-rights groups to stop it. Supporters of the hunt say it is necessary to reduce New Jersey's black bear population, while opponents say it is inhumane.
About 42 percent of employers plan to set higher annual performance targets for executives in 2012 compared to this year, according to a survey conducted by Pearl Meyer & Partners of 190 organizations including publicly traded and privately held companies, along with non-profits.
The insolvency of an Islamic mortgage lender in Canada may hinder the growth of sharia-compliant finance in North America, where the industry has struggled to gain traction in the absence of a supportive regulatory framework.
The head of the Federal Aviation Administration (FAA) has been charged with DWI after police caught the 65-year-old Babbit driving on the wrong side of the road Saturday night. Last month, limited funding threatened once again to shut down the FAA's operations, and Babbit's arrest is unlikely to push Congress to extend funding for the agency.
European stocks rose to a five-week closing high on Monday, after French president Nicolas Sarkozy and German chancellor Angela Merkel agreed on a range of measures to help resolve the Eurozone debt crisis.
In anticipation of a split into a North American grocery company and a global snacks company by the end of 2012, Kraft Foods Inc. appointed two chief executive officers Monday to lead each of the two companies.
GOP presidential hopeful Rick Santorum has spoken movingly about his daughter Bella's struggles with Trisomy 18 disorder. But what is Trisomy 18, and how does it affect those diagnosed? Though Santorum calls Bella the center of the universe, the devastating disorder claims nine of 10 children before age one and has severe physical and mental symptoms.
The pace of growth in the vast U.S. services sector slowed in November to the lowest level in nearly two years, according to an industry report released on Monday.
Businesses decreased their overall orders for factory goods in October for the second straight month, signaling softening manufacturing activities.
As young Chinese become wealthier, there is one area where they are increasingly looking to make a big impression on their families and friends and create lifelong memories for themselves: weddings.
U.S. non-manufacturing sector expanded for the 24th consecutive month in November, but at a slightly slower rate, according to a closely watched index released Thursday.
The economy showed signs it was decelerating, with an index of service activity pointing to slower growth in November while new orders for factory goods declined in October for the second straight month.
Stocks rallied more than one percent on Monday, building on the previous week's gains, as optimism grew an agreement between French and German leaders would break new ground to resolve the Eurozone debt crisis.
Research In Motion (NASDAQ: RIMM), which is struggling to gain ground in the battle against Apple, Inc. (NASDAQ: AAPL) and Android, should resort to a third-party operating system and ecosystem to get back to winning ways.
U.S. derivatives market CME Group will allow international investors to use China's currency as collateral when trading futures contracts, starting next month.
Oil prices ratcheted up on Monday morning on concerns that tension between Iran and Western countries could lead to an oil distribution disruption and a potential shortage.
