BUSINESS

Three people are dead after a 23-year-old gunman opened fire inside a Pathmark grocery store in Old Bridge, N.J., on Friday.

Two years after Federal Reserve Chairman Ben Bernanke announced plans for a massive second round of monetary stimulus -- so called QE2 -- at a yearly Fed summit in Jackson Hole, Wyo., the world's most powerful central banker returns, with markets primed for him to deliver on even more stimulus.

Are you planning to hit the road over Labor Day weekend? So are 33 million other Americans, but there appear to be some regional differences in who is traveling and for how long.

Workday, the human-resource software company started by PeopleSoft founder David Duffield, filed for a $400 million initial public offering sometime later this year.

A British judge Friday handed Russia's Boris Berezovsky, a fierce Kremlin critic and one of the world's wealthiest men, a devastating loss in his $6.5 billion lawsuit against fellow Russian billionaire Roman Abramovich, a one-time protege of Berezovsky and the owner of England's Chelsea soccer club.

Thanks to strong end-user demand for lower-priced smartphones, China, the largest market for smartphones this year, will overtake the US as the global leader in smartphone shipments in 2012, according to a new report by IDC.

SAIC, Nokia Corp, UBS AG, SAP AG, First Solar, Deutsche Bank, Carnival Plc and Zynga Inc are among the companies whose shares are moving in pre-market trading Friday.

Three reports released this week demonstrated positive trends in the U.S. housing market, but experts warn that a real recovery is still months away.

Cupertino giant Apple seems to have left an app developer lost as it has continuously rejected an application from its App Store.

Asian stock markets declined Friday as weak economic reports from Japan and South Korea revived concerns over the global economic growth while investors opted for caution ahead of the long-awaited speech by Federal Reserve Chairman Ben Bernanke at the Jackson Hole symposium later in the day.

U.S. stock index futures point to a higher open Friday ahead of Federal Reserve Chairman Ben Bernanke's speech at the Jackson Hole symposium where he is expected to announce another round of monetary easing.

European markets remained in the tight range Friday as investor confidence continued to be weighed down by fading hopes on the European Central Bank to announce policy measures to boost the euro zone economy and revive growth momentum.

There is no stopping the Shell Group of companies from their environment sustainable projects most especially those that engage the youth in preparation for tomorrow's challenges. Shell's Eco-marathon, which involves student teams to design, build, and test ultra-energy-efficient vehicles, is due to come to the North and South American Region in April 2013 in Houston, Texas.

India's economic growth rose in the first quarter of the fiscal year 2012-13 compared to the January-March quarter of the last fiscal, indicating that the country's economy is moderately improving though the soft global demand and the weak domestic policy measures have affected it.

Many people may think that Apple's victory could be the end of the epic Apple v. Samsung patent-infringement lawsuit, but it's not. According to a new report, Samsung would immediately file a lawsuit against Apple after the release of the iPhone 5 if the handset features 4G LTE technology.

The top after-market NYSE gainers Thursday were SAIC Inc, Domtar Corp, McEwen Mining, Freescale Semiconductor and Crane Co. The top after-market NYSE losers were Accretive Health, Gerdau SA, Quicksilver Resources, American Eagle Outfitters and CoreLogic, Inc.

India's GDP growth likely languished around its lowest in three years in the quarter that ended in June, offering no respite for Prime Minister Manmohan Singh as he struggles to escape from a series of political scandals that have paralysed his economic agenda.

Asian markets fell Friday as investor confidence was weighed down amid increasing concerns about the global economy after data showed a fall in the industrial output of Japan and South Korea.

GLAAD released its 6th annual "Network Responsibility Index," which maps depictions of the lesbian, gay, bisexual and transgender (LGBT) community on primetime broadcast and cable television. Out of the 10 cable networks ranked, History had the lowest percentage of LGBT-inclusive content,

Apple has successfully managed to make each new iPhone thinner, lighter, faster and more powerful, and it looks like the iPhone 5 will be no exception. On Thursday, Sonny Dickson released a set of new photos that show an A6 processor chip sitting in the phone's logic board. A quad-core A6 would boost the speed of the phone's features, as well as help power the phone when multi-tasking applications or playing games or video.

Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer company, set a new 52-week low of $16.77 on Thursday, after posting a record third-quarter loss last week and reducing earnings estimates for the current quarter.

Market-watchers continued to use words like "anticipation," "expectations," "disappointment" and "excitement" Thursday, less than 24 hours ahead of a speech by Federal Reserve chairman Ben Bernanke that is being hyped up as a make-or-break moment for economic affairs in 2012.

Patent resolution talks have been conducted by Apple (Nasdaq: AAPL) CEO Tim Cook and Google (Nasdaq: CEO) Larry Page and may continue, Reuters reported.

France's largest banks, Societe Generale SA (EPA: GLE) and Credit Agricole SA (EPA: ACA), are stepping up moves to unload their Greek subsidiaries and sever their unhappy ties to the crisis-hit country.

Perhaps it's no coincidence that a week before Amazon is set to make a big announcement it has sold out of the popular Kindle Fire. Is this is prequel to the sequel?

Electronic Arts Inc. said in a statement Thursday that "Madden NFL 13," the latest iteration of its iconic football video game franchise, sold about 900,000 in its first 24 hours on retail shelves. Citing "internal estimates," EA said the sale was a 7 percent increase from last year's launch, making it the highest-performing launch title for the franchise for the console generation.

Eric Schmidt, the executive chairman of Google Inc. (Nasdaq: GOOG), sold another 50,000 shares of the company worth around $34.2 million, according to documents filed Wednesday with the Securities and Exchange Commission.

Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, announced its first tablet a year after withdrawing the TouchPad after it bombed with consumers.

A new report released by the business consulting giant McKinsey Global Institute, showed that social-media tools stand to add $900 billion to $1.3 trillion to the economy, largely through increased productivity among skilled workers.