BUSINESS

Dalton Caldwell, the digital entrepreneur who sometimes enjoys writing angry open letters to Mark Zuckerberg, believes people would prefer a paid version of Twitter where they're not constantly sold to by advertisers, but one where developers and the users are the center of the social experience. Caldwell said he was "inspired to build exactly the service I wanted manifested myself," which he calls App.Net. Now that he's successfully raised his funds, here comes the tough part: Makin...

Gasoline production issues and tensions between Iran and Israel have sent U.S. gasoline prices above $4 per gallon in some cities, and prices likely won't fall until October, according to gasoline analysts.

Bank of America Corp. (NYSE: BAC), the lender divesting assets to raise capital, said Monday it has agreed to sell Merrill Lynch's International Wealth Management business outside the U.S. to Swiss private bank Julius Baer Group Ltd.

Another allegedly leaked photo in the slew of what is believed to be images of Apple's iPhone 5 has surfaced. Last week pictures of the smartphone's components surfaced, and now a new diagram that puts these pieces of the reported iPhone 5 in context has appeared online.

Na Cola Darcel Franklin, of eastern Pennsylvania, is being accused of killing her fiancé, just hours before they were set to get married, authorities said.

FedEx Corporation (NYSE: FDX) said Monday it will offer voluntary buyout incentives to certain U.S.-based employees as part of an ongoing cost cutting.

I have no idea what “Red Hook Summer” is about -- it is about many things, or about nothing (I'm pretty sure Spike Lee doesn't know either).

Soros announced the engagement at his 82nd birthday party held at the octogenarian's summer home in Southampton, N.Y., a person familiar with the investor said.

From the claimed photos of the next iPhone's back panel to the smaller dock connector, many leaked photos of the rumored iPhone 5 parts have created much buzz around the tech world over the last few months. And now, thanks to another set of leaked photos of the purported new iPhone, it's time to peep into the handset's motherboard.

Focus Media Holding Limited, Research In Motion Limited, Google Inc, Knight Capital Group Inc, CenturyLink Inc, Logitech International SA, Facebook Inc and J.C. Penney Company Inc are among the companies whose shares are moving in pre-market trading Monday.

U.S. stock index futures point to a lower open Monday as investor confidence was dragged down by concerns about the weakening of the global economy following the fragile gross domestic product growth in Japan in the second quarter.

Most of the European markets fell Monday as investors were disappointed to note that the economic growth slowed down in the second quarter in Japan indicating that the global economy continues to falter.

In a freak incident, bride-to-be Na Cola Darcel Franklin, 31, inadvertently stabbed her fiancé twice in the heart a few hours before they were about to tie the knot.

Japan's economic growth slowed down in the April-June quarter compared to the first three months of the year, indicating that the country is losing growth momentum affected by soft global demand and weak consumer spending.

With its once-sickly loan portfolio on the mend after several years of consolidation that saw it lose market share, ICICI is looking once again to grow faster than the industry - though more cautiously this time around.

Samsung's Galaxy S3 has become one of the leading smartphones on the market, hitting the 10 million-unit sales mark in less than two months after its launch. Although the device has been dubbed as the Korea-based company's flagship smartphone of 2012, it does come with its share of issues.

Kevin Durant and LeBron James were on their game on Sunday against Spain.

Republican Party presidential nominee Mitt Romney’s selection of U.S. Rep. Paul Ryan, R-Wis., as his running mate is an attempt to re-structure the 2012 campaign’s debate so that it conforms to the Tea Party’s agenda - but it's one that will not change the election’s outcome.

Last week’s successful landing of the Mars Science Laboratory, better-known as Curiosity, represented a triumph in aeronautical and electrical engineering. Now the nine-foot, six-wheeled rover will use its instruments to make “Mars-shaking” discoveries in geology, meteorology and chemistry.

For about a year, Amazon.com and Barnes & Noble were almost completely alone in the 7-inch tablet market. It was nice while it lasted. The past few months have seen Google and Microsoft unveil their 7-inch tablet offerings, and it looks like Apple is about ready to get into the minitablet game, too.

As London gears up to host the Closing Ceremony of Olympics 2012, here's a random selection of golden moments that had adrenalin rushing and fans awestruck.

The Perseid Meteor shower peaked Saturday night above the US skyline with rates as high as 100 per hour offering spectacular views of shooting stars as meteors entered Earth's atmosphere.

Legendary investor and billionaire George Soros announced that he is engaged and all set to marry his girlfriend of last four years, Tamiko Bolton, during his 82nd birthday celebration on August 11.

India's Oil and Natural Gas Corporation (ONGC) on Saturday announced a big oil discovery in the currently producing D1 oilfield off the West Coast that will boost the state-run firm's declining oil production.

Asian stock markets ended with gains last week as sentiment continued to improve on hopes that the European Central Bank would shortly take policy action to lower the peripheral bond yields of struggling nations such as Italy and Spain.

It was the second-to-last day of the Olympics, and it was an eventful one.

U.S. President Barack Obama is going to make it rain money to ensure the nation's livestock get enough water and to fight rising food prices during one of the country's worst droughts in half a century.

When Benjamin Lawsky formally accused U.K.'s Standard Chartered bank of money laundering and a cover-up linked to Iranian financial institutions, the head of New York's newly formed Department of Financial Services was hardly described in glowing terms in the press. He was termed a rogue, an egomaniac and worse by unnamed scorned colleagues in New York and Washington. But in describing his ambitions, what these reports failed to take into account was the depth of his and Governor Andrew C...

Republican presidential hopeful Mitt Romney selected Rep. Paul Ryan of Wisconsin as his vice presidential running mate Saturday, and while the fresh-faced number-two man can be a divisive figure, he has some positions that conservative Americans, as well as some moderates and liberals, may love.