Global automakers from Renault SA (Paris: RNO) to Ford Motor Company (NYSE: F) to Chinese companies like Geely Automotive are all racing to get a piece of the long-term potential promised by Africa's burgeoning automotive market. The continent's economy is on the rise, and despite very real improvements in the quality of life and standards of living in many African countries, risks for multinational manufacturers remain.
New York Police Commissioner Raymond Kelly told reporters Saturday that the nine pedestrians wounded outside the Empire State Building on Friday morning were injured by police bullets. This news follows word of a study that claimed NYPD officers should be given better weapons training.
Two U.S. Embassy employees were shot at by the Mexican Federal Police Friday when their vehicle entered an area on the outskirts of Mexico City that was frequented by drug cartels, common criminals and leftist rebels in the past.
The top after-market Nasdaq gainers Friday were Maxygen Inc, QuickLogic Corporation, Novavax Inc and Brooks Automation Inc. The top after-market Nasdaq losers were Oncothyreon Inc, Alkermes plc, Cree Inc and Ultra Clean Holdings Inc.
Apple had the last laugh in its epic Apple v. Samsung patent-infringement lawsuit and was awarded $1.051 billion in damages by a California jury. Take a look at the list of the patents involved in the lawsuit and the devices that were found to infringe on those patents.
Investors feel that policy measures should be implemented to regain the growth momentum of the Japanese economy, which has been affected by the soft global demand and the worsening crisis in the euro zone.
The top after-market NYSE gainers Friday were Delek US Holdings, Cenveo, Demand Media, Magnum Hunter Resources and Radioshack Corp. The top after-market NYSE losers were Stillwater Mining, Nationstar Mortgage Holdings, Hovnanian Enterprises, Standard Pacific Corp and SM Energy Co.
Most of the Asian markets fell in the week as investor confidence was dragged down by the lack of stimulus measures from policymakers to support the global economy and regain growth momentum.
Apple Inc scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages.
Jeffrey Johnson returned to the location of his old job at the Hazan Import Corp. in New York, killing former co-worker Steve Ercolino on Friday. Since the shooting, details have emerged about who Johnson was.
In an epic $1.05 billion verdict Friday in the widely watched intellectual-property case between Apple Inc. (Nasdaq: AAPL) and Samsung Electronics Co. Ltd. (Korea: 005930), a jury in California decided for Apple and against Samsung on six of seven patent-infringement claims centered on mobile devices.
Each week, we pick the biggest, most dramatic, or most interesting winners and losers in money and business. Our picks for Aug. 19-24 include the Federal Reserve Bank of New York and Eli Lilly & Co. on one side, and ZeekRewards and Best Buy Co. Inc. on the other side.
The jury reached an earlier-than-expected verdict Friday in the Apple Inc. v. Samsung Electronics Co. Ltd. et al. case being heard by the U.S. District Court for the Northern District of California, according to multiple media reports.
Zynga Inc. lost another high-profile executive, when Alan Patmore, the San Francisco-based social game developer's general manager for its popular Facebook title "CityVille," left the company for Kixeye Inc.
Facebook Inc. (Nasdaq: FB)'s stock may be sinking, but it is forging ahead with an expansion to its campus in Menlo Park, Calif., designed by the renowned architect Frank Gehry.
While the second-quarter earnings season is coming to a close, investors will still see a trickle of companies reporting results next week. They include Heinz, Joy Global, Pandora Media, Splunk, and Tiffany.
The Newspaper Association of America on Thursday blasted the Postal Regulatory Commission over a plan to give one of the industry's largest competitors a special discount on advertising circulars.
The drug inhibits cancer-cell growth and is approved in the U.S. for use in treating mesothelioma, caused largely by asbestos exposure, and non-small cell lung cancer cause primarily from smoking cigarettes.
As North Korea's figurehead of state visits Iran for the Non-Aligned Movement summit from Aug. 26 to Aug. 31, the U.N. and the U.S. will be paying close attention to the development of these two nations' relationship.
A former executive is suing MTV Networks and its parent, Viacom (Nasdaq: VIA), claiming she was bullied by superiors and discriminated for her age and gender before being unjustly fired.
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, set a new year high after the developer of the Kindle and Kindle Fire said it would now offer streaming video from NBCUniversal, including hot shows such as “Friday Night Lights” and “Battlestar Galactica."
The Federal Reserve has room to deliver additional monetary stimulus to boost the U.S. economy, Fed Chairman Ben Bernanke told a Congressional oversight panel in a letter.
Bill Ackman, the mercurial hedge fund manager of Pershing Square Capital LLP and activist investor, is at it again. Ackman said in a regulatory filing Thursday that his company had been in talks with Simon Property Group Inc. (NYSE: SPG), the largest U.S. mall owner, regarding a takeover of General Group Properties Inc. (NYSE: GGP), its next largest rival.
The domain names for Demonoid are no longer available for sale. Legal issues are keeping Sedo from allowing users to bid on the domains.
If you notice the price increases in apple cider this fall, blame it on the wacky weather.
New York City Mayor Michael Bloomberg held a news conference Friday following a deadly shooting at the Empire State Building that left several people dead, including the gunman. The shooter, who had lost his job, returned to his former employer and shot a manager at close range.
A Congressional Budget Office analysis released Wednesday warns the U.S. could be heading for a recession in 2013 if Congress enacts scheduled spending cuts and tax increases.
Four months after Sony unveiled its "One Sony" concept to recapture its leading role, Sony has finally offered a glimpse into its practical strategies to streamline integration between different hardware products and media platforms.
According to CNN Money, Best Buy has been having difficulty with founder Richard Schulze regarding his attempts at buying out the company’s remaining shares.
Gaetano Marino, 48, was executed outside a beach club, still wearing his swimsuit.
