BUSINESS

Wind Turbine Maker Vestas To Cut 1,400 More Workers

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Vestas Wind Systems A/S, the western Denmark-based energy company and the world's largest maker of wind turbines, announced Wednesday that it is letting go of 1,400 workers - a 7 percent cut of its entire workforce.
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Mac OS X Mountain Lion 10.8.1 Update: Apple Addresses Battery Life, Safari, Mail Clients

Mac OS X Mountain Lion has out in the wild for a month now, and by and large, users are very happy with Apple's biggest new cat. Apple will address some of the most common issues reported among early adopters of Mountain Lion in the 10.8.1 update, but on Tuesday, it's been reported that the first maintenance upgrade "substantially" improves battery life on MacBook laptops.
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Dell Shares Plummet 5% After Dismal Forecast

Shares of Dell (Nasdaq: DELL), the No. 3 PC maker, plunged more than 5 percent after the company reported poor second-quarter results and issued a forecast for lower sales ahead. In pre-market trading, shares fell as low as $11.72, down 62 cents.
Meg Whitman gives her concession speech during her election night rally in Los Angeles

Hewlett-Packard 3Q Earnings: Will It Be Whitman’s Final Loss?

Hewlett-Packard Co. (NYSE: HPQ), the world’s biggest computer company, has nowhere to go but up. Scheduled to report third-quarter financials after the market close Wednesday, investors and technologists will be watching for signs that its restructuring and massive write-offs are over.
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New US Work Visa Regulations To Hit Indian IT Companies Badly

The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.
Gold

Gold Near 3-1/2 Month High on ECB Hopes

Gold on Wednesday hovered near a 3-1/2 month high hit in the previous session, as investors remained hopeful the European Central Bank would soon take action to contain the region's debt crisis.
Bank staff begin 2-day

Bank Staff Begin 2-Day Strike Against Reforms

Bank employees in India began a two-day strike on Wednesday to protest against proposed reforms that would ease mergers and allow more private capital, including foreign investment, in the banking sector.
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stocks Fall On Weak Japan Data

Most of the Asian markets fell Wednesday as investor confidence was weighed down by the report that Japan's trade deficit increased in July, raising more concerns about the faltering global economy.
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Keep Bernanke, Romney Economic Adviser Suggests

Ben Bernanke received an unlikely defense of his work at the U.S. Federal Reserve by a top Mitt Romney adviser, who said on Tuesday that he should be considered for a third term as chairman
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Asian Shares Drop, But Euro Holds On ECB Hopes

Asian shares fell Wednesday morning after recent rally, but the euro held near a seven-week high on hopes the European Central Bank will act to rein in surging euro zone borrowing costs and policymakers will find ways to keep Greece on lifelines.
Apple iPad Mini Rumors: Video Reveals New Tablet May Lack Cellular Connectivity Features

Apple iPad Mini Rumors: 5 Concept Designs We Love [PICTURES]

The iPad Mini, the Apple device reportedly coming in September that is not named "iPhone," has been rumored since early January -- reports then called it "the iPad 4" -- but few know any real details about Apple's incredible shrunk-down tablet, especially concernimg its appearance.
A Best Buy store in Westminster, Colo.

Best Buy Obituaries Already Being Written

Market watchers are writing the obituary for struggling big box electronics retailer Best Buy Co. (NYSE:BBY), whose share price plunged to a nearly four-year low on Tuesday, even as stakeholders waited to see if the new CEO can live up to his reputation.
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Shell Plans At Least $1 Billion Investment In Chinese Shale Gas Per Year

Royal Dutch Shell announced plans to spend at least $1 billion a year exploiting China's supply of shale gas, Reuters reported. The news came from the energy firm's head executive in China, Lim Haw Kuang, who responded to Reuters' questions about the alleged $1 billion-a-year plan to invest in the potentially vast natural gas trove.
RIP Nintendo Power Magazine: 1988-2012

RIP Nintendo Power Magazine: 1988-2012

One of the longest-running printed video game magazines in the U.S. in Canada, Nintendo Power magazine will finally close its doors after a 24-year run. Nintendo Power is dead. Long live Nintendo Power.

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