BUSINESS

Like a bad case of herpes, the bankrupt Swedish automaker Saab Automobile AB just keeps flaring up in General Motors Company's (NYSE: GM) private dealings. Dutch supercar company Spyker N.V. announced Monday it was suing General Motors for $3 billion in damages on account of alleged interference in a 2011 transaction between Spyker (which owned Saab) and Chinese investor Youngman, a deal which Spyker alleges would have saved Saab if it had been successful.

Shares of Facebook (Nasdaq: FB) rose more than 3 percent Monday, trading at midday at $21.81, up 72 cents. But they’re still nearly 50 percent below the $38 set at their May 17 initial public offering.

Globalization -- basically, free markets and the transfer of jobs to lower-cost labor/production centers -- has lifted more than 1 billion people out of poverty. However, globalization, at least initially, also contains a contradiction that, in time, could undermine not only the uniting of markets, but trade and global GDP growth itself.

Investors may not know that many of their technology companies played a huge part in the system design, software, features and functions. They include Intel Corp. (Nasdaq: INTC), Siemens Corp. (NYSE: SI) and General Dynamics Corp. (NYSE: GD).

Siri's reputation is well-earned: But would you trust Siri, or any of her similar rivals out there for Android, to pay your bank bill? Nuance has clearly thought about what's missing from the voice recognition department, and unveiled its own solution on Monday, called "Nina." Apple's solution is better for casual users, while Nuance's solution is a must for business and customer service professionals.

The expulsion is largely forgotten today, except by the Ugandan Asians themselves and their descendants who have spread across the world

Mere days after a systems failure within the automated operations of one of its market-markers caused wild distortions in the New York Stock Exchange, a major European bourse is having its own version of a technical meltdown.

Federal Reserve Chairman Ben Bernanke said on Monday that although broad measurements of the economy point to recovery, many people and businesses are facing tough times.

Best Buy Co., Inc. (NYSE: BBY) founder Richard Schulze, who stepped down as chairman this year, offered to take the troubled electronics retailer private at $24 to $26 a share?

Knight Capital Group Inc. (NYSE: KCG), which lost $440 million last week when a trading program it had just installed went berserk, confirmed Monday it reached a $400 million rescue deal that will keep the big market maker in business but hammer existing investors.

Pluristem Therapeutics, Logitech International, Nokia Corp, Facebook, American International Group, Knight Capital Group, ICICI Bank and Sanofi SA are among the companies whose shares are moving in pre-market trading Monday.

Condemning the Wisconsin Sikh Temple shooting, in which a gunman killed six and critically injured another three on Sunday, hundreds of Sikhs protested in India on Monday.

The FBI, probing the Wisconsin Sikh Temple shooting, in which a gunman killed six and critically injured three others on Sunday, hinted that it could be an act of domestic terrorism. Meanwhile, the Sikh community in the U.S calls it a crime of "hate and ignorance."

U.S. stock index futures pointed to a mixed open Monday as investor worries about the weakening economy were alleviated following the recovery in the jobs data in July.

Asian stock markets rallied Monday as better-than-expected jobs data from the U.S. and optimism at European action to boost the faltering regional economy buoyed sentiment.

Most European markets fell Monday as investors remained watchful following a disappointing last week when the European Central Bank (ECB) made no announcement on monetary easing measures to rejuvenate the faltering euro zone economy.

Crude oil futures declined during the Asian trading hours Monday after surging the most in a month in the previous session on upbeat U.S. jobs data.

The Government of India has given clearance to Air India to take the delivery of Boeing's 787 Dreamliner planes after both sides reached a consensus on compensation to be paid by the aircraft manufacturer for the delay in delivery.

The past week was not kind to billionaire Mark Zuckerberg, chairman and CEO of Facebook Inc. Capping it all was word that Zuckerberg had lost his place among the 10 richest technology billionaires, at least temporarily. How can Zuckerberg climb his way back to the top?

Asian markets rose Monday after the encouraging news from the U.S. that the economy was regaining momentum to a certain extent and that Greece was showing improvement in complying with bailout requirements.

The Americans extended their winning streak to 38 games.

The 27-year-old leapt to a mark of 14.98 meters.

Murray won the gold over Roger Federer in convincing fashion.

Hours after a lone gunman opened fire at the Sikh Temple of Wisconsin in Oak Creek on Sunday, federal investigators are considering the attack to be a case of domestic terrorism, based on the triggerman's background and the tattoos on his body.

Coal miners in Zambia killed one Chinese manager and injured another during a riot Saturday. The miners were on strike at the Chinese-owned Collum coal mine in Sinazongwe in protest of delays in raising the minimum wage.

The Scot won in straight sets in front of an electric crowd at the All-England Club.

Republican presidential nominee Mitt Romney, Italian comedian-turned-political activist Beppe Grillo, New Gingrich and others have been accused of buying thousands of Twitter followers. What could they get out of this new social media gambit?

Republican presidential candidate Mitt Romney said on Sunday that a fresh round of monetary stimulus from the Federal Reserve would not help the fragile U.S. economy.

Apple filed a new patent application on Thursday, August 2 with the U.S. Patent and Trademark Office for an iPad Smart Cover that would also function as a secondary touchscreen display for the device.