Knight Capital Group Inc is being forced to raise money after an erroneous trading position wiped out $440 million of its capital, the firm said on Thursday, causing its shares to shed more than half of their value.
Mac users have been able to play with Apple's newest big cat, OS X Mountain Lion, for exactly one week now. While most users report a seamless, fluid experience, the fact remains that this is the fourth time in one week that I've needed to publish a story about new bugs, problems and issues that new Mountain Lion adopters are experiencing with their Macs.
Facebook, the world's largest social media platform, might have more than 83 million fake users, according to company filings published this week.
Massive oil and gas companies don't usually give away free gas, but Royal Dutch Shell Plc. (NYSE: RDS.A) will be making some Southern California drivers very happy, at least if they drive hydrogen fuel-cell electric vehicles (FCEV).
It may be hard to encapsulate in words, but consumers know when they're looking at something in a product that Apple did first.
Research in Motion (RIM.TO) refuted on Wednesday a new round of Indian media reports, which claim that the BlackBerry maker has granted the government the encryption keys to its secure corporate email and messaging services.
Toyota Motor Corporation (NYSE: TM) reported on Wednesday July U.S. car sales up 26.1 percent to 164,898 as the company continued to recover from last year's natural disasters.
Japan's big three, Nissan, Toyota and Honda gained big in sales while Ford and GM had lackluster showings.
Honda Motor Co. (NYSE: HMC) reported on Wednesday July U.S. sales rose 45.3 percent to 116,944 as the Japanese automaker continues its robust recovery from last year's earthquake and tsunami in Japan and flooding in Thailand.
Hyundai Motor Co. (Seul: 005380) reported on Wednesday July U.S. car sales up 4 percent to 62,021 vehicles, the company's best July ever despite constrained inventory for the Korean automaker.
If Apple plans to release the iPad Mini to the masses at the same time as the iPhone 5, Apple could run into the biggest crowds in the history of the company. And that's not necessarily a good thing. Assuming Apple unveils the iPhone 5 and the iPad Mini at the same time, will the release dates for both devices be the same?
Nissan Motor Co. (Tokyo: 7201) reported on Wednesday U.S. July Car sales up 16.2 percent over the year before on strong demand for cars, particularly the Altima and Rogue models.
Volkswagen AG (Frankfurt: VOW) reported on Wednesday July U.S. car sales rose 2.3 percent, the company's best July U.S. sales since 1973 during the hey-day of the VW Bus.
General Motors Company (NYSE: GM) on Wednesday reported July U.S. car sales fell 6 percent compared with the year before as retail sales fell modestly and fleet sales plummeted.
Missy Franklin, the 17-year-old American swimming star who has warmed the hearts of millions around the world with her charismatic personality and strong performance at the Olympics, including a gold medal in the 100-meter backstroke.
July US car sales diverged for American manufacturers Ford and Chrysler, the first two carmakers to report sales for the month.
Ford Motor Company (NYSE: F) reported U.S. July car sales were down 4 percent compared to the year before due to weak fleet sales.
Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported its best July U.S. car sales since before the recession Wednesday.
MF Global Holdings Ltd (PINK: MFGLQ)'s brokerage customers will be able to get all their money back.
General Motors Company (NYSE: GM) is expected to report profits down 51.7 percent for the second quarter of 2012 as the company continues to slog through an uphill battle to restructure its loss-making European Opel-Vauxhall unit and to sell through high levels of North American inventory.
In spite of low expectations for profit, market-watchers are actually increasingly bullish on AIG, believing the most important thing to watch when the company reports quarterly results Thursday will be its plans to buy back stock from its largest shareholder, the U.S. government.
The struggling tablet-only newspaper the Daily is planning to fire 50 of its 170 employees. The opinion and sports departments will be hardest hit.
Google is upgrading video chat by merging it with Google+ Hangouts. Now users can video chat simultaneously with up to nine people, share Youtube videos, share pictures and screens and collaborate on Google documents.
The global marketing chief for General Motors Co. (NYSE: GM) was ousted because of an expensive, poorly negotiated deal with Manchester United, the world's most popular soccer club, according to a report.
Ever since Google unveiled its new Jelly Bean operating system, the mobile industry has been buzzing about the new ?buttery? OS. The release date could be coming soon, as the search engine giant has just posted factory images of Android 4.1 Jelly Bean for its line of Nexus devices. These are the first smartphones and tablets to get the new operating system.
After sinking more than half a billion dollars into the talk-show titan's namesake cable channel, Discovery Communications on Tuesday reported that the Oprah Winfrey Network is on track for profitability in the second half of 2013. The prediction is a sharp turnaround from just a few months ago.
Twitter remains publicly silent more than 24 hours after banning British journalist Guy Adams for publishing NBC executive Gary Zenkel's work email address.
Facebook announced an upgrade to the photo-viewing experience on the social networking website. Even though changes to the image-viewing were introduced last year with the launch of Facebook timeline, this is seen as a welcome upgrade that will simply take the photo experience to a whole new level.
According to a latest report released by the research firm Strategy Analytics on Wireless Smartphone Strategies, though Android still dominates the mobile OS market in the U.S., its market share declined over the last year. On top of that, while Android lost its grip on the market significantly, rival Apple's iOS platform grew rather rapidly during the same period of time.
China's economy may be slowing down, but the country hasn't lost its luster.
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