Stronger U.S. GDP seen in 2010: survey
Top forecasters are growing more confident the U.S. economy has embarked on a sustainable recovery, a survey released on Tuesday showed. Read Full Article here.
Yahoo aims to boost margins
Yahoo Inc wants to triple its operating margin to 15-20 percent over the next three years by increasing revenue and keeping costs under control, CEO Carol Bartz said on Tuesday. Read Full Article here.
HSBC, Barclays signal bad debts may have peaked
Britain's top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first drop in U.S. consumer finance impairments for three years. Read Full Article here.
Lloyds to cut another 5,000 jobs
Bailed-out British lender Lloyds Banking Group is to cut a further 5,000 jobs by the end of 2010 as it continues to overhaul its operations and integrate HBOS. Read Full Article here.
Eager fans greet Call of Duty video game launch
Activision Blizzard Inc's hugely anticipated Call of Duty: Modern Warfare 2 video game went on sale early Tuesday morning, welcomed by eager fans who lined up hours in advance of the release. Read Full Article here.
European Commission objects to Sun-Oracle deal
The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc , throwing the $7 billion deal into question. Read Full Article here.
Nokia, Samsung step up smartphone battle
The world's two largest cell phone makers, Nokia and Samsung Electronics, have unveiled their latest attempts to keep pace in the battle with smartphone rivals like iPhone and Blackberry. Read Full Article here.