Japanese Man Becomes First Person Jailed For 3D Printing Guns
October 25 2014 6:34 AM
A Japanese court reportedly jailed the 28-year old man for two years for designing and printing 3D guns.
European Banking Giant Braces For $1 Billion Libor Fine
October 24 2014 11:50 PM
Germany's largest lender is reportedly on the cusp of a deal over Libor-rigging allegations, which have cost the bank billions already.
Fannie Mae Settles Shareholder Lawsuit For $170M
October 24 2014 8:09 PM
Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized during the crisis.
Is It Time To Buy Shares Of Amazon?
October 24 2014 4:21 PM
Even before Amazon announced its biggest quarterly loss in 14 years, the stock had already dropped 13 percent since last quarterly results missed expectations.
Why Amazon Fire Phone Failed Like Facebook Home
October 24 2014 2:02 PM
Fire Phone was a massive flop as it failed to break iOS and Android's mobile duopoly.
'Amazon Not On Fire'
October 24 2014 1:25 PM
Since its founding, Amazon has barely eked out a profit. And investors are not happy about the company's latest disappointments on Wall Street.
ITunes Sales Dive As Streaming Takes Hold
October 24 2014 1:19 PM
Digital music sales through Apple's iTunes service are off sharply in 2014, with worldwide revenue down more than 13 percent.
Can Elections Predict Stock Market Performance?
October 24 2014 12:18 PM
Experts say midterm election years are bad for markets, but 2014 will be different.
Procter & Gamble To Sell Duracell, Earnings Meet Expectations
October 24 2014 11:43 AM
The world's largest household products maker is shedding less profitable brands like Duracell to focus on stronger brands like Crest.
Venture Capitalists' Confidence Drops In Face Of Inflated Valuations
October 24 2014 11:03 AM
New research revealed that Silicon Valley VC confidence dropped for the first time in two years.
Amazon Takes $170M Writedown On Fire Phone
October 24 2014 11:03 AM
Once expected to be a game-changer, the Fire phone has sold few handsets during its four months of availability.
Microsoft's Surface Tablet Shows Signs Of Life
October 24 2014 10:30 AM
Microsoft's tablet line may be growing in revenue, but it lags far behind rival iOS and Android competitors.
Microsoft's 'Mobile First, Cloud First' Strategy Paid Off in Q1
October 24 2014 10:25 AM
CEO Satya Nadella has turned his long-term vision for cloud into triple-digit growth.
Walmart Names New COO In India
October 24 2014 7:36 AM
Walmart, looking to revive its investments to expand in India, has named a company veteran as chief operations officer in the country.
Apple Pay Big On Security But Adoption Rates Are Key
October 24 2014 5:56 AM
Apple Pay could be a step toward getting people to jettison insecure passwords for two-factor authentications that include biometrics.
Pfizer's $11B Buyback Plan Deflates AstraZeneca Bid Hopes
October 24 2014 5:19 AM
Pfizer, which has a market valuation of about $180 billion, earlier this year failed in its $118 billion bid to buy British rival AstraZeneca.
Asian Nations Sign Accord For New Regional Bank
October 24 2014 5:06 AM
The Asian Infrastructure Investment Bank reflects China’s desire to counter the perceived hegemony of international lenders dominated by the West.
US Seeks To Cut ISIS Oil Revenues Through Sanctions
October 24 2014 1:20 AM
The U.S. Department of Treasury has estimated that the Islamic State group earned nearly $1 million a day from oil sales since mid-June.
Rajaratnam's Brother Reaches Insider Trading Deal With US SEC
October 24 2014 12:53 AM
As part of the agreement, Rajaratnam, 43, also agreed to be barred from the securities industry, the SEC said.
US Stock Futures Tumble On Reports Of Ebola Case In NY
October 23 2014 11:52 PM
U.S. stock futures tumbled while safe-haven assets such as the yen and U.S. bonds gained on Friday after reports that a doctor who returned to New York tested positive for Ebola.