The National Basketball Association (NBA) has canceled the first two weeks of the regular season after the league owners and players were unable to resolve a bitter labor dispute on Monday.
NBA commissioner David Stern has canceled the first two weeks of the 2011 season as the NBA lockout drags on, he announced late Monday night.
A silver cargo worth some $18 million has been found in a sunken ship at the bottom of the North Atlantic Ocean, a marine salvage and shipwreck exploration company said Monday.
The new iPhone 4S may not look much different from the iPhone 4 but with its packed new features come new accessories ahead of the phone's release on Friday.
Gold and silver mining company shares jumped Monday as the price of the metals surged and the broader equity markets turned sharply higher on a pledge by leaders of Europe's richest countries to save the continent's banks.
The ongoing crisis at Yahoo may now have tempted some new parties including Singapore’s Temasek as well as Bain Capital, joining other parties said to include Facebook, Microsoft, Providence Equity Partners and Alibaba Group.
Gold prices surged Monday and the dollar plunged as investors piled into stocks in the hope that Europe's sovereign debt crisis may finally be ending and the continent's financial system is beginning to stabilize.
Gold rose more than 2 percent on Monday, lifted by weakness in the dollar versus the euro after France and Germany pledged to come up with a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
Palladium prices rocketed higher Monday as rising optimism about Europe's economy boosted stocks on both sides of the Atlantic and lifted commodities that rise with increased business activity.
Gold, silver, platinum and palladium, as well as other commodities, generally stand a better chance of handling a global economic downturn than other types of investments, Barclays Capital said Monday.
India gold futures are likely to extend gains this week helped by the weakness in the U.S. dollar, which enhances appeal of the yellow metal as an alternative investment, and after France and Germany pledged to strike a proposal to recapitalize euro zone banks.
Gold prices jumped nearly 2 percent Monday on a plunging dollar and strong physical buying from India and China.
Gold rose more than 1 percent on Monday as the dollar fell versus the euro after France and Germany pledged to strike a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
Sarah Burton, legendary designer Alexander McQueen's right-hand woman, showed off her brilliant Spring/Summer 2012 women's ready-to-wear collection, at the Paris Fashion Week on Oct. 4.
Al Davis, the longtime Oakland Raiders owner who died Saturday, was remembered during a moment of silence before the Raiders took on the Houston Texans on Sunday.
Sudan said Sunday it expects its mining industry to produce around 7 metric tons (tonnes) of gold this year, and it plans to launch a gold refinery next year.
Oakland Raiders owner and Pro Football Hall of Famer Al Davis died at his home in Oakland, Calif., on Saturday at the age of 82. National Football League Commissioner Roger Goodell called Davis a true legend of the game.
Oakland Raiders owner Al Davis is dead. The Raiders Web site confirmed Davis died Saturday morning. He was 82.
Gold fell more than 1 percent on Friday as investors quickly sold to raise cash to cover margin calls in the lower equity markets after Fitch downgraded the credit ratings of Spain and Italy.
The U.S. Mint resumed sales Friday of three silver coins Thursday, after unusual volatility in the silver market last month prompted the government agency to pull them for repricing.
Gold prices busted a three-day winning streak Friday as fresh evidence of Eurozone instability piqued investors' desire for something safe and liquid.
Gold and silver mining companies were falling Thursday - despite strength in the prices of both gold and silver and the broader stock market posting gains.