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Best Buy Shares Hamemred On Poor Results, Outlook

Best Buy Co. (NYSE: BBY) is not having a good week.

Instacube: Hey Instagram, Your Hardware Solution Just Launched On Kickstarter [VIDEO]

The Instacube, which launched on Kickstarter Tuesday morning, is the solution for Instagram users that want enjoy their photos in more casual way. Now, anyone can passively view their Instagram feeds in their living rooms, on their work desks, or on their nightstands. They're party centerpieces, and a great way to immediately display photos being taken at that very party. It's the only way to share photos with a crowd of people; its viewfinder is far superior to that of an iPhone.

India's Consumer Price Inflation Moderates To 9.86%

India's retail inflation rate dropped marginally to 9.86 percent in July from 9.93 percent recorded in June, according to the data released by the Ministry of Statistics and Program Implementation.

Back-To-School, Holiday Season Expected To Be Same Or Better

Unemployment is still well above 8 percent, the cost at the pump is rising and consumers are still wary and cost-conscious, but recent surveys indicate back-to-school buys and the upcoming holiday shopping season will be as good as or better than last year. Still, the theme of the season is cautious optimism.

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Winners and Losers: Facebook Half Off, Corzine Survives

IBTimes' weekly roundup of winners and losers in the world of business.

iPhone 5 Release Date Rumors May Be True: AT&T Prepares For Apple Launch, According To Source

The release date for Apple’s iPhone 5 is allegedly coming in September alongside an iPad Mini, and the Internet has not stopped buzzing with rumors and speculations about the device. This information has not been confirmed by Apple, but increasing evidence points to the following: fans could see the iPhone 5 next month.

US Consumer Sentiment Edges Up To 3-Month High

U.S. consumer sentiment edged up this month to a three-month high as a stock market rally appears to have offset the impact of rising gasoline prices.

Apple Admits Mistakes In Retail Store Staffing Policy; Reverses Course Ahead Of iPhone 5 Release

Apple Inc. (AAPL) admitted recent staffing changes made in its retail stores selling iPhones, iPads and Macs were "a mistake," and it is reversing the policies.

Sony's Dilemma: New IP, Cheaper Hardware For Longer Product Life Vs. New Products

Sony Corp. is doing its best to maintain Playstation 3 and Playstation Vita performance in the lead-up to next year's anticipated launch of its next-generation console by cutting costs and introducing a wide range of new intellectual property for the rapidly aging devices.

Dell, HP, Best Buy, Lowe’s: Earnings Reports To Watch, Aug 20-24

Before the curtain falls on this earnings season, investors will hear next week from several more major players, including Dell, Hewlett-Packard, Lowe's and Best Buy.

Asian Shares Gain On Merkel's Backing For ECB

Shares firmed Friday as German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to contain the euro zone's debt crisis, soothing investor nerves and prompting them to scale back safety bids.

Gold Demand Hits Lowest in Two Years, India, China Weighs

Gold Demand Falls To A Two-Year Low; India, China Weigh

The demand for gold fell to its lowest level in two years in the second quarter of 2012, as the price rise along with the economic slowdown has deterred major consumers India and China from buying the yellow metal, the World Gold Council said on Thursday.

Indian Rupee At Two-Week Low Against Dollar, Markets Trade In Red

The Indian rupee fell to a two-week low of 56.00/02 paise against the dollar in the morning trade Thursday, tracking the strengthening of the dollar in the global market. The dollar gained globally, chasing the upbeat U.S. data of retail sales which eased the concerns about the monetary control.

Asian Shares Steady, Seeking More Clues Over Stimulus

Asian shares steadied Thursday as investors took to the sidelines, waiting for more clues over the timing and extent of any further stimulus to tackle the euro zone's debt crisis and support global growth.

“Command & Conquer” Shifted To Free-To-Play Model: Are Zynga And Electronic Arts Switching Places?

EA Games is transforming "Command & Conquer" into a free-to-play multiplayer game, while Zynga revealed plans to publish partnered content being distributed in a more traditional publishing model than the one it pioneered.

India's Independence Day: Manmohan Singh Says Lack Of Political Consensus Is Reason For Stunted Economic Growth

India's Prime Minister Manmohan Singh Wednesday said that the country was unable to create an environment for rapid economic growth due to lack of political consensus and promised to work hard to shield the country from the effects of global economic slowdown.

iPhone 5, $2.5-Billion Dividend Payout Has Investors, Hedge Funds Buying Apple; Layoff Rumors Have No Impact

News of the probable launch of iPhone 5 September 12 and the $2.5-billion quarterly dividend payout August 16 have made Apple (AAPL) stocks a top pick among retail investors and hedge funds.

Indian Independence Day Celebrations in Pictures

India Celebrates 66th Independence Day (PHOTOS)

India Wednesday celebrated its 66th Independence Day with gaiety and fervor. The celebrations were held in offices, colleges and schools across the country with cultural programs.

Traders work on the floor of the New York Stock Exchange

Fading Fed Stimulus Hopes Weigh Down US Stock Futures

The U.S. stock index futures point to a lower open Wednesday amid the fading expectations about an announcement of monetary easing measures by the Federal Reserve to support the economy.

A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Stocks Fall As Japan Stimulus Hopes Fade

Most of the Asian markets fell Wednesday as investor confidence was weighed down by the lack of stimulus measures from policymakers to support the global economy and regain the growth momentum.

Asian Shares Steady; U.S. Data Lifts Mood As Stimulus Hopes Endure

Asian shares steadied Wednesday as strong U.S. retail sales and data showing Germany and France avoiding a contraction last quarter bolstered investors' risk appetite, with weak euro zone growth sustaining hopes for more stimulus.

Microsoft Surface Tablet’s Price Allegedly Revealed As October Release Date Approaches; Do The Rumors Match Up?

Microsoft announced its first self-branded tablet, the Surface, earlier this year, but has not officially revealed how much it will cost.

Luxury, Discount Retailers Post Higher Quarterly Earnings

A mix of luxury brands and discounters reported quarterly earnings that topped expectations, results that underscored a broader report showing U.S. retail sales broke three consecutive months of declining growth in July as consumers regained some semblance of confidence this summer.

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