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Amazon eyes ad dollars in consumer packaged goods

Amazon.com Inc is trying to grab some of the billions of advertising dollars spent each year by consumer packaged goods companies including Kimberly-Clark Corp, as the world's largest Internet retailer seeks new sources of revenue growth.

Apple-mania spreads, Piper Jaffray sees $1,000 stock

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Apple Inc shares set a record high on Tuesday after Piper Jaffray supported Topeka Capital Market's assertion that the stock should breach $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set.

Morgan Stanley investors await brokerage bounce

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As Morgan Stanley finishes integrating its brokerage joint venture with Citigroup Inc and considers spending $10 billion to buy the whole business years ahead of plan, investors are anxiously awaiting signs that the long-promised profit machine will finally start to purr. Since agreeing to buy Citi's Smith Barney in 2009, Morgan Stanley executives have told shareholders t...

Apple iPhone 5 Release Date 2012: Foxconn Recruiter Says June Launch [RUMORS]

A recruiter for Foxconn, the largest manufacturing partner of Apple products, told reporters from TV Tokyo's World Business Satellite that Apple's sixth-generation iPhone, presumably called the iPhone 5, will be released in June. He added that Foxconn is hiring about 18,000 workers to kick production of the new smartphone into high gear before summer.
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Wall Street pulls back, Fed minutes ahead

Stocks edged lower on Tuesday after a strong start to the second quarter and ahead of the release of minutes from the most recent meeting of the Federal Reserve's policy-setting committee.
Bhutan

The World’s Happiest Countries

On Monday, the Bhutanese government led a session in the UN called Wellbeing and Happiness: Defining a New Economic Paradigm, that highlighted the world's happiest countries and discussed how to put happiness on the global agenda.
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Auto sales up as consumer confidence rises

Auto sales continued a robust pace in March, boosted by consumers with more confidence in a recovering U.S. economy who want to buy fuel-efficient cars and trucks in the face of rising gasoline prices.
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Chrysler sales up 34 percent

Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.
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Chrysler auto sales up 34 percent

Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.
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Banking, shopping and job hunting online

Banking and keeping track of finances, shopping and searching for jobs are the main tasks of Internet users around the globe, according to a new international survey.
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Stock index futures slightly lower

Wall Street looked set to open slightly lower on Tuesday, with futures for the S&P 500 down 0.07 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.01 percent at 4:21 a.m. E.D.T. (0821 GMT)
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Google to grow display, mobile ad businesses in China

Google Inc will continue to invest in China, where it has a testy relationship with the government, with a focus on growing its fast-growing display and mobile advertising businesses, its Asia chief said on Tuesday.
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UK must sell RBS, Lloyds soon: taxpayer lobby

Britain must sell its Royal Bank of Scotland and Lloyds stakes as soon as possible because keeping them is allowing politicians to gamble with people's money on bank shares, according to a lobby group representing taxpayers.
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Australia central bank holds rates, opens door to easing

Australia's central bank opened the door wide for a rate cut in May even as it held rates steady at 4.25 percent at a review on Tuesday, saying it wanted to see coming inflation data before deciding whether to ease policy.
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Avon rejects $10 billion takeover bid from Coty

Coty Inc disclosed on Monday that it had offered $10 billion for Avon Products Inc but the larger company, which is grappling with sliding sales and a bribery probe, rejected the bid as too low and opportunistic.
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MF Global judge weighs release of insurance money

An MF Global bankruptcy trustee asked a judge on Monday to release $25 million in insurance money to pay defense costs for Jon Corzine and other former MF Global officers facing civil lawsuits over the broker's October collapse.
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UBS reshuffles U.S., Europe teams

UBS AG named several executives to senior positions in the United States and Europe, in the latest move by the Swiss bank to rebuild its business after a massive trading scandal and departures by scores of bankers in recent years.
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Wall Street starts second quarter with rally

U.S. stocks started the second quarter with a bang on Monday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth.
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Wall Street ends higher on manufacturing data

Stocks ended higher on Monday, starting the second quarter with a bang. The S&P 500 climbed to a fresh four-year closing high as manufacturing data from the United States and China helped support the outlook for economic growth.
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Oracle suit versus Google at settlement impasse: judge

Oracle Corp and Google Inc have reached an irreconcilable impasse in settlement negotiations in a high-profile intellectual property lawsuit and the companies' lawyers should prepare for trial, a U.S. magistrate judge ruled on Monday.

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