BUSINESS

Colorado Shooter: What Kind of Weapons Did He Have?

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The latest shootout will likely spur another national debate on gun laws, but according to Gallup, public opinion is pretty much on the side of liberal gun ownership laws -- and that doesn't mean liberal in the political, tree-hugging sense of the word.
Maruti Suzuki

Maruti Suzuki Riot: Shutdown to Cost $15 Million a Day

With a manager dead, 90 employees in jail and an entire factory's workforce under investigation for murder, Maruti Suzuki faces a shutdown at a major auto plant that could last several weeks or more and cost it $15 million a day.
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Xerox CEO Ursula Burns

Earnings Preview: Xerox 2Q Results To Decline

Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.
Rupee

Did Rating Agencies Err While Downgrading India’s Credit Outlook?

President Barack Obama's weekend statement on Indian economic slowdown and recent downgrading of the country's sovereign credit ratings by the global rating agencies has evoked strong criticism from India. The Indian government and a section of authorities have blamed the global rating agencies and foreign investors for misjudging the Indian economy and deliberately trying to downgrade India's image.
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Georgia Gulf Shares Soar on PPG Deak

Georgia Gulf Corp. (NYSE: GGC) shares soared after announcing a deal Thursday to acquire reached a deal to acquire PPG Industries Inc.'s (NYSE: PPG) commodity chemicals unit for $1.9 billion in cash and shares.
Verizon customers are increasingly turning to smartphones

Verizon's Q2 Earnings Receive Upgrade To 'Strong Sell'

Standard & Poor's (S&P) Capital IQ equity analyst Todd Rosenbluth changed his rating on Verizon Communications (NYSE: VZ), from Hold to Strong Sell after the $128.4 billion-cap mobile service carrier posted its second-quarter earnings Thursday morning.
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Ackman’s Words Boost Penney’s Stock

After activist investor Bill Ackman of Pershing Square Capital Management said he expects to make 15 to 20 times his investment in beleaguered Plano, Texas-based retail giant J.C. Penney Company, Inc. (NYSE:JCP), stock in the company hit a ten day high.
No. 10 – Mountain  View, California

The Best Cities In America For Your Social Life

Do you prefer rooftop terraces to big backyards, an evening at the theater to a night on the couch, or coffee at a café instead of a cup of tea at home alone? If so, you may want to check out one of the cities on Coldwell Banker’s new survey of America’s top 10 markets for “social seekers.”
Google Inc vice president Marissa Mayer unveils Google Instant in San Francisco

Yahoo’s Mayer: Making First Moves At Turnaround

Now three days into running Yahoo (Nasdaq: YHOO), the No. 3 search engine, CEO Marissa Mayer has already telegraphed that change is coming. She appointed the first editors for Yahoo News and Yahoo Finance, two of the company’s most popular portals.
IMF and U.S.

IMF Urges UK To Jumpstart Economy

Britain risks permanent damage to its economy if the government does not adopt fiscal stimulus measures to reverse the country's recession, the International Monetary Fund (IMF) warned Thursday as it pressed for a reduction in the country's deficits to jumpstart its ailing economy.
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Honda Recalls More Than 300k 2012 CR-V, 2013 Acura ILX Cars Globally

Honda Motor Company (NYSE: HMC) is recalling 166,609 model year 2012 CR-V and 12013 Acura ILX vehicles in the U.S., a number which could swell to as many as 321,453 vehicles globally, according to Automotive News Thursday. Honda declined to comment on the price of the fix.
‘Diablo 3’ Fan Dies After Playing For 3 Days Straight, ‘I’m Not Trying To Blame The Game For Killing Him’ Friend Says

‘Diablo 3’ Patch 1.0.3 Release Is Just The Beginning: Blizzard To Launch Big Changes For ‘Max Level’ Characters

Activision Blizzard’s “Diablo 3” marks one of the largest PC gaming launches in history, and fans of the dungeon-crawler action game have been waiting more than 10 years for its release. Now it seems Blizzard believes fans should be given more bang for their buck after holding out for over a decade. The company has just announced that it will be releasing new content catered to high-level players.

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