April Auto Sales: Ford Down 5 Percent, But Chrysler Up
Ford Motor Company (NYSE: F) sales dropped 5 percent in April, despite sales growth for its Explorer, F-series trucks, Fusion and Edge vehicles, the company reported Tuesday.
Bank Of America Cutting 2,000 High-Wage Earners: Report
Bank of America Corp., the second-largest U.S. bank by assets, will dismiss about 2,000 employees, many of whom earn high salaries, in its investment banking, commercial banking and non-U.S. wealth-management units, according to the Wall Street Journal.
Dog Food Recall Issued by Diamond Pet Foods for Salmonella, Recalled Products List Grows Longer
Diamond Pet Foods, a Missouri-based pet food manufacturer, has issued a recall and suspended production on its dog and puppy dry food because of possible salmonella contamination. The latest recall comes from the same plant that produced mold-contaminated food when dozens of dogs were killed nationwide in 2005. According to a statement from the company, which is under Schell and Kampeter, Inc., the recall includes the Chicken Soup for the Pet Lover's Soul Adult Light Formula dry dog food and ...
China?s Outbound Tourist Boom: A Bonanza For Neighboring East Asia Economies
The Chinese are benefiting from advances in transportation and communication, as well as policies established by the government,
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Mitsui, Mitsubishi Buy Stake in Woodside's Browse LNG Project
Woodside Petroleum Limited (AX: WPL) sold a 14.7 percent stake in its Browse liquid natural gas (LNG) development project for $2 billion to a Japanese joint venture operated by Mitsui & Company Limited and Mitsubishi Corporation, the Australian company announced Tuesday.
Natalie Wood?s Daughter, Courtney Wagner, Arrested for Cocaine And Heroin After Gunshots At Malibu Home
Natalie Wood, the Hollywood princess who mysteriously disappeared off a yacht in 1981 is making headlines again. This time the headlines are due to her daughter, Courtney Wagner, who she had with actor Robert Wagner. Courtney Wagner was arrested this week for coke and heroin possession.
Kentucky Derby 2012: Louisville Celebrates Beyond Churchill Downs
The Kentucky Derby -- with all its muscular thoroughbreds, flowery hats, and mint juleps -- put?s Louisville under a spotlight, but there's more to Derby City than Churchill Downs.
?Call Of Duty: Black Ops 2? Release Date Officially Revealed, War-Torn Los Angeles Will Be The Setting
Now it?s official: Activision?s ?Call of Duty: Black Ops 2? is slated for a release date of Nov. 13 for Xbox 360, PlayStation 3, and PC gamers. The sequel game?s UK website just went live on May 1 before the official reveal, confirming that ?Black Ops 2? will launch this holiday season.
Samsung Reclaims No. 1 Smartphone Rank From Apple: IDC
Samsung Electronics (NYSE: SSNLF) reclaimed the No. 1 rank in mobile phone shipments overall and in the smartphone sector, market researcher IDC reported.
Murdoch Unfit To Run Company: U.K. Lawmakers
Rupert Murdoch is unfit to run a major international company, British lawmakers said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.
BP Earnings Fall As Gulf Spill Costs Continue To Weigh
BP Plc (BP.L) reported a bigger-than-expected profit drop on the back of a fall in production prompted by the need to sell oil fields to pay for the Gulf of Mexico disaster, raising concerns about the oil group's turnaround plan.
Gold Prices Climb To 2-Week High
Gold touched two-week highs on Tuesday, set for its longest stretch of daily gains in eight months, after a rally in the dollar fizzled out as investor concern escalated over the resilience of the U.S. and euro zone economies.
India?s Exports Shrank For The First Time Since 2009
India's exports in March fell for the first time in two and a half years as demand weakened in Europe and the U.S.
Worldwide Smartphone Market Soaring, Samsung To Take Global Lead: IDC
The worldwide smartphone market grew by 42.5 percent year-over-year in Q1 2012, with South Korean technology giant Samsung overtaking Cupertino-based Apple for the smartphone leadership position.
German Nymphomaniac Terrorizing Munich, Takes Second Victim After First Claims ?She Is Trying To Kill Me With Sex?
A sex hungry 47-year-old is terrorizing the city of Munich. The German nymphomaniac has already struck terror in a man who she forced to have repeated sexual encounters with. Now, the sex fiend has left her second victim sobbing in the street.
Earnings Preview: Symantec To Confirm 4Q Warning On Lower Income
Symantec Corp. (Nasdaq: SYMC), the largest provider of security software, is likely to confirm prior guidance for lower-than-expected fourth-quarter results on Wednesday.
Indian Insurers To Provide Cover To Ships Carrying Iranian Oil
Indian State run insurance companies will indemnify local ships carrying Iranian oil, enabling the country import oil from Iran, Reuters reported quoting Shipping Corp of India director.
e-Reader Battle: Microsoft Plans To Challenge Amazon And Apple With Barnes & Noble Deal
Microsoft is all set to invest $300 million in Barnes & Noble's e-reader and tablet business, foraying into the race for digital publishing and online education.
US Futures Edge Lower; ISM, Construction Data Eyed
Futures on major US stock indices point to a lower opening Tuesday ahead of economic data, which include ISM manufacturing index.
What Is The Best Time To Buy An iPhone, iPad, iPod Touch And Mac? [INFOGRAPHIC]
What is the ideal time to buy Apple products like the iPhone, iPad, iPod touch and Mac? While considering this question, many people tend to believe that Apple doesn't drop prices of its products except they are superseded.
South Korea?s Inflation, Exports Drop As Country Overspends Budget Allocation In Q1
South Korea's inflation declined to a 21-month low as the exports declined for the second consecutive month in April.
Japanese Stocks Plunge On US, Europe Worries
Japanese stock markets plunged Tuesday as weaker-than-expected US manufacturing data and news that confirmed Spain has fallen into a double-dip recession weighed on the sentiment.
iOS Devices Beat Androids In Enterprise Penetration; Apple Still Dominates Business World: Report
The latest report from Good Technology shows that iOS devices are becoming stronger in the business world while the Android devices are still lagging far behind. The report reveals that the first quarter of the current year was dominated by the iPhone 4S, which hit a record high, claiming the number one device spot overall and accounted for 37 percent of Good's activations, followed by the iPad 2 with 17.7 percent. The new iPad, in first one and half months of its launch, has also made quite ...
India?s Trade Deficit Rises To $13.9 Billion In March On Crude Import Costs
India?s trade deficit rose to $13.9 billion in March compared with $3.8 billion a year ago driven by high crude oil import costs according to data reported by the Ministry of Commerce Tuesday.
Post-Market NASDAQ Movers (PLXT, KONA, VECO, CETV, SFLY, SHOR, QNST, PRXL, IDTI, IMGN, AMSC)
The top after-market NASDAQ gainers Monday were: PLX Technology, Kona Grill, Veeco Instruments, Central European Media Enterprises, Shutterfly and ShoreTel, Inc. The top after-market NASDAQ losers were: QuinStreet, PAREXEL International Corp, Integrated Device Technology, ImmunoGen and American Superconductor Corp.
Hyundai To Add 877 Jobs In Montgomery Plant
South Korean automaker Hyundai Motor will hire 877 more workers as it plans add a third shift at its main assembly plant in Montgomery, Alabama.
China?s Manufacturing Activity Continues To Grow
China?s manufacturing activity improved in April for the fifth straight month as economic conditions continued to strengthen, according to readings from a key gauge released Tuesday.
US Homeownership Rate Drops To 15-Year Low
The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting.
Shareholder Sues Google To Prevent Stock Split
Google Inc and its board were sued on Monday by a shareholder who wants to block the company's stock split plan because it entrenches the Web search company's co-founders Larry Page and Sergey Brin, according to court documents.
Exxon Mobil Shuts Louisiana Oil Pipeline After Leak
Exxon Mobil Corp has shut the 160,000 barrel-per-day (bpd) North Line crude oil pipeline in Louisiana after a leak spilled 1,900 barrels of crude oil in a rural area over the weekend, affecting a conduit that supplies the nation's third-largest refinery.
Stendra, Potential Viagra Alternative, Gets FDA Approval
Stendra, the first new drug to enter the erectile dysfunction market in nearly a decade, aims to become the new Viagra alternative after receiving approval from the Food and Drug Administration.
Weaker Economic Data May Bring QE3 Closer
The one constant that we can rely on is the willingness of the Federal Reserve to act promptly if the data were to become unambiguously negative
Sale of 'The Scream' Could top Auction Record: Experts
Edvard Munch's The Scream could become the most expensive painting ever sold at auction on Wednesday if predictions that the work could fetch up to $150 million are to be believed.
Nobel Winner Pamuk Opens Novel Museum in Istanbul
Nobel prize-winning Turkish writer Orhan Pamuk realizes a long-nurtured dream on Saturday with the opening of an actual Museum of Innocence - a collection of relics of a half-century of ordinary life - as depicted in his 2008 novel of the same name.
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Ukraine Ready For Russia Truce Talks, Zelensky Says
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Trump's New Budget Boss: Russell Vought To Lead 'Ruthless' Government Cuts After Musk Steps Down
