Rising gasoline prices will not threaten soaring new car sales that have the auto industry on pace for an even more impressive recovery year than originally expected, analysts say.
The U.S. economy would have to strengthen to ensure that the unacceptably high jobless rate keeps dropping, Federal Reserve Chairman Ben Bernanke said on Wednesday, suggesting the option of further Fed bond buying remains on the table.
Apple announced that it is expected to release its newest device, the iPad 3, a week from today. The new gadget has sparked a lot of chatter from the tech community, from its missing start button to its Retina display. However, there are speculations that the newest Apple craze may not actually be available for sale on March 7, according to ComputerWorld.
Lawyers for Apple Inc. argued for its right to use the iPad trademark in China on Wednesday, as a higher court began a crucial hearing that could result in sales of the wildly popular tablet computer being halted throughout the Chinese mainland.
The Aakash tablet, known as the world's cheapest tab and other low cost BSNL tablets are ruling the Indian tablet market. Check out the comparison of all these low-cost tabs.
Automakers will report nearly 1.09 million new cars in February on Thursday, according to two industry forecasts, continuing the ongoing revival of the industry as sales jumped nearly 6 percent from February 2011 and an eye-popping 20 percent from January. That would equal a seasonally adjusted annual rate (SAAR) above 14 million units -- the highest level since early 2008.
Designers at Milan Fashion Week stitched velvet roses and gilded threads on embroidered winter fabrics seeking to lure the kinds of consumers who can still afford to splash out on luxury clothes during a period of financial austerity across Europe.
Spain's Banco Santander, the biggest lender in the euro zone by market capitalization, said Tuesday that it will take over Poland’s Kredyt Bank from Belgium’s KBC Group in an all-share deal that values the combined entity at $6.69 billion.
Congress party leader Sonia Gandhi has travelled abroad for routine medical checks six months after undergoing surgery in the United States, a spokesman for the party said on Tuesday.
Despite talk of an improving economy and a surge in stock markets, doomsayers have warned of tougher times ahead for Americans with an imminent financial crash looming in the near future.
Retail sales in Japan rose above forecasts indicating a recovery in consumer spending which could help the country to attain economic growth this quarter.
Priceline.com Inc., which is the biggest U.S. online travel agency by market value, reported a fourth quarter profit $226 million as total bookings rose more than 50 percent from a year ago to $4.96 billion.
A Canadian company's decision Monday to proceed with part of a U.S. pipeline might end up muffling one of the Republicans' loudest arguments in this election year: that President Barack Obama has pursued failed energy policies.
Mexican billionaire Carlos Slim's mining company Frisco said on Monday its fourth-quarter net profit had nearly quintupled from a year earlier.
Royal Ahold NV, the Dutch supermarket retailer, has announced that it has bought Bol.com, the largest online retailer in the Netherlands, from Cyrte Investments and NPM Capital for 350 million euros ($469 million).
The prices of gasoline and other energy commodities are on the rise -- with further increases just over the horizon -- and it appears that everyone is taking notice.
Proview Technology, the bankrupt electronics maker that uses the iPad name on several of its products such as computer monitors, has reportedly brought its lawsuit against Apple to the U.S. Will this jeopardize the release of the iPad 3?
The release of Nike's limited edition glow-in-the-dark Foamposite Galaxy sneakers created a melee at a Florida mall on Thursday night.
Everyone agrees the days of cheap gasoline are over. The pain at the pump is forcing people to cut down gasoline usage, and there has been a big drop in gasoline demand in the country. At the same time, domestic production is booming, with the number of rigs just in U.S. oil fields more than quadrupling in the past three years.
The top after-market NASDAQ gainers Thursday were: Casual Male Retail Group, Internap Network Services, OmniVision Technologies, Iconix Brand Group, AXT Inc, Warner Chilcott, Intuit Inc, Dynamic Materials Corp, Sigma Designs and Clearwire Corp.
Lloyds will bear brunt of writedowns and restructuring costs, as it sells non-core businesses and cuts thousands of jobs.
Kathy Ireland might be a former model and she might have been featured in the Sports Illustrated Swimsuit Issue for 13 consecutive years; but nowadays the stunning 48-year-old makes the most headlines for her $350 million fortune and furniture empire.