- Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.
- Wall Street's pessimistic outlook on corporate profits was proved wrong by surprisingly strong first-quarter results. However, will the second-quarter earnings season tell a different story?
- Students from a Japanese middle school who lost their basketball when it was swept away in the 2011 tsunami are miraculously playing with the ball again after it was returned since washing up on an Alaskan shoreline back in March.
- Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.
- Verizon Communications (NYSE: VZ)?s plans to acquire Hughes Telematics (OTC: HUTC) for $612 million indicates the biggest U.S. phone company is seeking a new market: Mercedes-Benz drivers.
USA Vs. Brazil: Watch Live Stream Online Of Exhibition Game, Plus Prediction, Probable Lineups And PreviewWhere to watch live coverage of USA Vs. Brazil, plus a detailed preview, prediction and probable lineups.
- Where to watch the Clippers play the Grizzlies.
- The United States Postal Service has banned the international shipment of tablets, smartphones and other devices that contain lithium ion, lithium alloy and rechargeable batteries. The ban goes into effect starting May 16.
- The nearly bankrupt U.S. Postal Service said Thursday its net loss widened to $3.2 billion in the fiscal second quarter as revenues continue to dwindle. It also said it lacks sufficient cash to pay for required future retiree health benefits.
- The companies whose shares are moving in pre-market trade Friday are: Expedia, Amazon.com, Zynga Inc, Jazz Pharmaceuticals, Goodyear Tire & Rubber, Ford Motor, Western Digital, Seagate Technology, Starbucks Corp and Fedex Corp.
- A part of 2 World Financial Center was evacuated on Thursday morning after what seems to be a grenade was seen in a mail package, police sources told the New York Daily News.
- Stocks took a big step back Thursday after more signs pointing to weakening economic conditions in China and Europe spooked investors to make a run for safety.
- High oil prices affect politics, schools, jobs, public budgets and almost every industry. But current pressures could be augmented if war breaks out between Israel or the United States and Iran, with the result being a costly disruption in global supply.
- Watson Pharmaceuticals, one of the leading global pharmaceutical companies, has offered their support to the 2012 March for Babies event and the prematurity campaign program of the March of Dimes, a leading nonprofit organization for pregnancy and baby health.
Simone Farrow Arrested: Swimsuit Model Simone 'Starr,' Alleged Drug Kingpin Claims 'Murder Target' [PHOTOS]A Hollywood swimsuit model was busted after the DEA arrested Simone Farrow, who worked under the name of Starr, in Australia, accused of heading an international drug ring. Over a month ago, she skipped out on bail and was on the run from the law. She claims there are those trying to murder her.
- UPS will pay €9.50 a share in cash for Europe's second-biggest express-delivery provider, up from a February bid of €9 a share and 54 percent above TNT shares' closing price on Feb. 16. The deal is the biggest in UPS's 105-year history.
- iPad 3 has launched its worldwide release to thousand of waiting fans and tech aficionados alike. David Tarasenko, a construction manager from Sydney, Australia was the first lucky buyer of a new iPad 3 HD. From there, store openings across Austrailia and Asia continued to before European stores opened at 8 a.m. local time. In San Francisco, one of Apple's flagship stores, customers waited in light rain as local television crews shot news reels of people holding umbrellas and reading their iP...
- Dino Laurenzi Jr., the man who collected Ryan Braun's urine sample that tested positive for PEDs spoke out on Tuesday via email.