Gold recoiled after tapping a new record on Thursday, tumbling more than 2 percent as an equities rebound and higher trading margins fanned profit-taking from the biggest rally since 2008.
keep for now
Aug 11, 2011
Nokia is getting closer and closer to losing the top spot in terms of phones shipped globally as its share continues to sink.
IBT Staff Reporter
Aug 11, 2011
Apple has passed Exxon Mobil to become the world's most valuable company. Now it's time to ask what company make be next in line to make such a rise. At the moment, all indications point to Amazon.com.
David Magee
Aug 11, 2011
U.S. stock futures rose 1 percent on Thursday after a sharp drop on Wall Street overnight, limiting losses in Asian share markets, though the focus was shifting to how Europe reacts to a sovereign debt crisis that is now threatening its banking system.
Lawrence Villamar
Aug 11, 2011
Massachusetts has been dubbed "Taxachusetts" by critics of the state's taxes but at least for this weekend residents will get a break.
keep for now
Aug 10, 2011
Adele's "21" just set a 21st-century record by topping the Billboard/SoundScan sales chart for a 12th non-consecutive week, it's logged more time at No. 1 than any other album to come out since the turn of the millennium.
Ann Suh
Aug 10, 2011
All of Britain braces for nightfall
Daniel Tovrov
Aug 10, 2011
The portable game system will come in red in September.
Peggy Truong
Aug 10, 2011
David Cameron is pushing England's police force to use new methods of fighting back against rioting and looting across the country.
Daniel Tovrov
Aug 10, 2011
Online retail giant Amazon.com has unveiled Kindle Cloud Reader, which is its latest Kindle reading application that leverages HTML5 and enables customers to read Kindle books instantly using only their Web browser - online or offline.
Manikandan Raman
Aug 10, 2011
Since Aug. 6, 2011, Tottenham and certain other parts in London have witnessed widespread rioting, burglary and public disturbances following the fatal shooting of 29-year old Mark Duggan by Metropolitan police officers.
Monami Thakur
Aug 10, 2011
It may be that we don't need another line of pop hits remade by barely identifiable reality-show contestants or actors, when we already have more "American Idol" and "Glee" albums than America's shrinking music-retail shelves can hold.
Ann Suh
Aug 10, 2011
The riots convulsing London could cost taxpayers over £100 million, or $162 million, after the Metropolitan Police pick up the insurance tab, the Guardian reported.
Jeremy White
Aug 09, 2011
To stop the four day-long riots in London, police and politicians are considering a number of crowd control methods never before used in the United Kingdom.
Daniel Tovrov
Aug 09, 2011
Makers of Post Food cereals, Ralcorp Holdings has forged a $545 million deal with Sara Lee for its North American refrigerated dough business that includes private label toaster pastries, specialty biscuits, crescent rolls, pizza and pie crusts in the retail segment. The sale formalities and closure is expected by 2012.
Sangeeta Ghosh Dastidar
Aug 09, 2011
A new study from ViaForensics uncovered how most apps on iOS and Android don't properly protect consumer data.
IBT Staff Reporter
Aug 09, 2011
BRC stated that retail shops of every size and type have lost business to the rioters.
Palash Ghosh
Aug 09, 2011
For plenty of financial advisers -- who also serve as quasi-therapists, spiritual gurus and confidantes -- Monday was bad.
keep for now
Aug 09, 2011
The rioting that trembled London over the weekend has spread to at least eight new districts on Monday and Tuesday, including cities of Liverpool and Birmingham, Britain's second-largest city.
Kukil Bora
Aug 09, 2011
The riots that started in Tottenham have moved across London, then to Birmingham. They have now hit Liverpool.
Daniel Tovrov
Aug 08, 2011
The Swiss franc hovered near record highs against the dollar and euro in Asia on Tuesday, having surged on the back of a global stock market rout as a crisis of confidence gripped investors.
Lawrence Villamar
Aug 08, 2011
U.S. markets shed as much as two percent at the open Monday, on news of the S&P's U.S. debt rating downgrade and subsequent plummets in global markets overnight.
David Magee
Aug 08, 2011