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Steve Jobs named 'CEO of the Decade' by Fortune

For his role in turning Apple into a groundbreaking technology leader and the most valuable company in Silicon Valley, Fortune Magazine has named Steve Jobs its "CEO of the Decade."

Sun Micro sales fall, Oracle deal delay stings

Computer maker Sun Microsystems Inc suffered a 25 percent fall in quarterly revenue, as uncertainty over its delayed sale to Oracle Corp hurt its business.

Motorola basking in Droid's limelight

After much anticipation and buzz over it being the next "iPhone Killer," Verizon officially launched its Motorola Droid in the US on Friday.

Britain gives impetus to global tax on banks

World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.

UK gives ground on global tax on banks

World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.

Beginning talks of G20 meeting

At the opening of the G20 meeting taking place in St. Andrews, Scotland today which is to last until Sunday, Chancellor of the Exchequer Alistair Darling, of the United Kingdom states that economies need to support themselves so that world recovery can be reached, and although confidence levels are ...

Wind sector cash inflow may blow small firms away

Small wind energy companies could be taken over cheap because fresh funding for the sector is set to flow selectively to bigger names, placing them in a stronger negotiating position.

U.S. top court to hear business method patent case

Software, biotech firms and others who develop new ways to do business will be watching closely on Monday as the U.S. Supreme Court hears a case that could determine if such innovations can win patent protection

EURUSD rebounded from 1.4626 level

After touching the lower border of the rising price channel on daily chart, EURUSD rebounded from 1.4626 level. The rise from 1.4626 is more likely resumption of uptrend from 1.3748, another rise towards 1.5200 is now in favor. Key support level is located at 1.4626, fall below this level will indicate that the uptrend from 1.3748 has completed at 1.5062 already, then the following downtrend could take price back to 1.4000 area.

U.S. regulators close Gateway Bank, Prosperan Bank

Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.