• Historic Flood Occurring in New York, Rest of the Northeast [VIDEO&PHOTOS]

    The flooding that's occurring in the New York, New Jersey and Pennsylvania areas are bordering on the lines of history, as rivers are now nearing levels that haven't been seen since Hurricane Agnes in 1972.
  • The logo of Alcatel-Lucent is pictured at the entrance of its Paris headquarters

    If T-Mobile Buy Fails, Which Vendors Lose the Most?

    Now that the U.S. Justice Department is trying to sink the $39 billion takeover of T-Mobile USA by AT&T, what could happen to major suppliers like Alcatel-Lucent and Ciena?
  • Asian Markets Mostly Trading Lower

    With weak employment data denting hopes of a revival of the economy, U.S. stocks tumbled on Thursday, setting off a negative start in the markets across the Asia-Pacific region on Friday. Though a few markets are off their morning lows, the mood still remaining quite bearish in the region.
  • Australian Market Trading Weak On Economic Concerns

    The Australian market opened on a negative note on Friday with stock prices tumbling on overnight setback on Wall Street following weak employment data. Stocks across the board are reeling under pressure with investors pressing sales on renewed concerns about the state of the economy. Energy, materials, industrials and bank stocks are among the prominent losers in morning trade.