The U.S. radio program This American Life has retracted an episode critical of working conditions at a Chinese factory that makes iPhones and iPads for Apple Inc, saying it had contained numerous fabrications.
Gold was largely unchanged on Friday, but posted its second-biggest weekly decline this year due to an early week drop after the FederalReserve withheld additional easing amid a string of encouraging U.S. economic data.
The Violence Against Women Act is at the center of an explosive debate in Congress this week. The bill has been authorized twice since its introduction in 1994, but this time Republicans are putting up a fight. Either way, things are looking up for Senate Democrats.
Apple's stock market gains have been overshadowed by media exposes revealing labor violations at Apple's Foxconn supply chain in China, but some facts have been deemed as fabrications by This American Life.
Consumers didn't get the escape velocity memo, the one that says economic and financial things are getting better and better. A Thomson Reuters/Univ. of Michigan survey released Friday found consumer sentiment down, especially on expectations for the next six months.
While little is truly known about the iPhone 5, Apple loves to surprise fans with bold new features. A number of recently-approved Apple patents could provide hints as to the features we might see come September or October.
Ford Motor Co. has been sued in a federal class action lawsuit for allegedly selling E and F series trucks, including its popular F-250 and F-350 Super Duty trucks, with a defect in their fuel tanks known of since 2007, a complaint filed in Federal court Wednesday said.
Marubeni Corp., a large Japanese diversified trading company, is in talks to buy a 10 to 12.5 percent stake in a huge iron mine owned by Australia's Hancock Prospecting, a source told Dow Jones.
Stocks surged Thursday, with the S&P 500 topping the 1,400 mark for the first time in nearly four years, propelled by firm readings on the jobs market and manufacturing activities.
Take a look inside the new Boeing 787 Dreamliner.
The pace of manufacturing growth in the Philadelphia region slowed in March but remained positive, as new orders dipped substantially, according to a Philadelphia Fed survey released Thursday.
Manufacturing in the New York region increased in March at its fastest pace since June 2010, a New York Fed survey revealed Thursday, but a mixed bag of indicators in the survey showcased the still-tepid state of U.S. factory activity.
Samsung Galaxy S3 has been the most awaited Android smartphone, especially after the success of its predecessor, Galaxy S2. Samsung has not announced anything about its release date and the features. But several concept designs of Galaxy S3 are making their rounds on the Internet. All the designs are catching the attention of the tech fans who are excited about the upcoming Galaxy S3.
Apple will soon extend its flagship iPhone version with iPhone 5. Is it going to be bigger, better and pricier? Foxconn report confirms about the bigger screen size and Verizon confirms 4G LTE. Check out other features.
Concerns raised by Delta Air Lines about the fairness of U.S. Export-Import Bank loans to help Boeing export aircraft are complicating President Barack Obama's push to quickly renew the bank's charter.
Mexico's auto industry produced 24 percent more cars and light trucks in February compared with the year-ago period, reaching a record high.
Working in a local Apple Shanghai factory, has turned out to be a nightmare for many Chinese workers. Apple has been regularly criticized for working conditions of workers in Chinese factories that help in manufacturing Apple products. The latest report is that Apple may have ignored the plight of workers in Pegatron, a Taiwan-based design and manufacturing service provider and an OEM for iPhone and iPad, who were injured in a dust explosion last December.
Developed economies will pick up steam this year thanks to an array of ultra-loose monetary policies from major central banks and amid new signs of progress in the euro zone's debt crisis, a Reuters polls found.
Although fans are anticipating the new Apple iPad that hits stores tomorrow, the electronics company may have another surprise to unveil in the near future. An unnamed Samsung official said that Apple will be obtaining parts from the Korean company for various devices in 2012, according to The Korea Times.
On March 7, Apple unveiled its third generation iPad, which has been simply named new iPad. It boasts of remarkable features like Retina display (which is going to be one of the top reasons to grab the new iPad), and packs 4G LTE technology, which will enable faster streaming and downloads.
The outlook for Mexican economy has brightened in recent months with demand from the U.S. strengthening and also with signs that domestic activity is recovering according to Capital Economics.
Apple's iPhone 5 and Samsung's Galaxy S3 are two of the most highly anticipated phones of the year, but how do they measure up against one another?
