MANUFACTURING

Amazon May Take Down Apple iPhone With Smartphone Release

Amazon Kindle Fire
Recently, a top tech analyst predicted that Amazon is likely to release its own smartphone for under $200 next year. Citigroup analyst Mark Mahaney said in a research note that Amazon may sell the smartphone for as little as $170. Citing supply-chain channel checks in Asia, he said Amazon may release its first-ever smartphone by the fourth quarter of 2012.

Oil Dips Below $100 Thursday in Choppy Trading

Oil
U.S. crude futures fell back on Thursday after government data showed that new filings for jobless benefits unexpectedly rose last week to their highest level since late October, a bad sign for oil demand. Oil traded down $1.01 to $99.41 per barrel on Thursday at mid-day.
Europe Stock Markets

Europe's Markets Mixed Thursday at Mid-day

European shares fell in choppy trade on Thursday after data showed new U.S. claims for unemployment benefits rose unexpectedly last week, with some investors booking profits after equities jumped 9 percent in the previous four sessions.
More news
IBTimes Logo

A New Yorker's Opinion: Yale's Nightlife Class Amusing, or 'Amusing Ourselves to Death?'

Dateline Yale--$40,000 a year, two-drink minimum. Yep, the prestigious gateway to the CIA, a career as a thespian and the U.S. Presidency for Both Bush, father and son, and Clinton, now offers a course on New York nightlife. College is a fine time to party, and I support a liberal amount of irrational exuberance mixed in with cramming for grades, but somehow, in these difficult economic times, I find a college course about the history of partying a bit...disconcerting.
IBTimes Logo

A New Yorker's Opinion: Yale's Nightlife Class Amusing, or 'Amusing Ourselves to Death?'

Dateline Yale--$40,000 a year, two-drink minimum. Yep, the prestigious gateway to the CIA, a career as a thespian and the U.S. Presidency for Both Bush, father and son, and Clinton, now offers a course on New York nightlife. College is a fine time to party, and I support a liberal amount of irrational exuberance mixed in with cramming for grades, but somehow, in these difficult economic times, I find a college course about the history of partying a bit...disconcerting.
A man uses his iPhone 4

IPhone 4 Camera Maker OmniVision Technologies, Dropped From 4S, Reports Dismal Results

What happens to the wire, chip and sensor makers working for Apple (NASDAQ:AAPL) when the company gives them the boot? The answer to that question might be found in the dismal quarterly results released Tuesday by OmniVision Technologies Inc. (NASDAQ:OVTI), a company that makes imaging sensors used in smartphone, tablet and notebook cameras.
IBTimes Logo

China Signals Policy Shift by Cutting Bank Reserves

China's central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.
Infosys

Infosys Profit, Revenue Estimates Revised by Susquehanna

Susquehanna Financial has revised its profit and revenue estimates of software major Infosys Ltd. (NASDAQ:INFY), following a statement from S.D. Shibulal, its Chief Executive Officer (CEO) that the demand environment, which started to deteriorate 45 days ago, has yet to recover.
IBTimes Logo

Stock Futures Soar on Europe Hopes

Stock index futures jumped on Monday on optimism over the latest round of proposals out of Europe designed to corral the growing Eurozone debt crisis.
Traders work on the floor of the New York Stock Exchange.

Stock Futures Signal Sharp Gains for Equities

Stock index futures pointed to a sharply higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 2.2 to 2.6 percent.
IBTimes Logo

U.S. Stock Futures Point to Big Gains

Stock index futures pointed to a sharply higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 2.2 to 2.6 percent.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.