BUSINESS

The excuse that Rupert Murdoch gave to Parliament that he knew nothing of the phone-hacking by his newspapers is 'increasingly hard to credit.'

Google paid less per patent than Apple's syndicate did in recent smartphone wars

Sony cut the price of the PS3 to make a move against Microsoft's Xbox 360 and Nintendo's Wii says analysts.

Gold set a record high Tuesday and U.S. stocks fell on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.

Google's response to Apple in the smartphone patent wars ran counter to practice: rather than settling, it bought an Apple rival

Google's move to buy Motorola Mobility was all about patents and defending the growing success of Android analysts say.

The company said the replacements are handling customer service and network operational duties.

Gold settled at a record high Tuesday after investors abandoned stocks on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.

Sentiments from tweets are used to predict movements in the Dow.

The recent federal budget fight between the Democrats and Republicans over the debt ceiling, true to form, yielded "more heat than light," once again, regarding the true sources of the budget deficit. Therefore, without further adieu, sans the rhetoric, here are five things you didn't know about the budget deficit.

Jeremiah Wright confessed to killing his special-needs son, police said.

Gold and silver prices rose Tuesday but companies that mine the precious metals fell as the broader market gave up recent in a clear signal that investors don't have much confidence in Europe's ability to solve its sovereign debt concerns.

Fitch Ratings announced on Tuesday it had reaffirmed the United States' long-term debt rating of AAA, despite Standard & Poor's downgrade. Here are the five things you need to know about its decision:

Here are three reasons to buy gold, even if it means selling some stocks or bonds to get the money for such an investment.

Google buying Motorola might be big technology news, but it?s not nearly as fun as a pair of sunglasses that can open a beer bottle.

A spokeswoman for the Communications Workers of America, (CWA) representing 35,000 of a total 45,000 strikers, said the union "does not condone illegal action of any kind," as the nine-day-old strike continues to flare a number of emotions among union workers.

Some leading Malawi rights groups said on Tuesday they could pull out of mass demonstrations scheduled for this week against President Bingu wa Mutharika as they await a court decision on whether the rallies would be legal.

South Africa's rand fell as much as 1.9 percent against the dollar on Tuesday, weighed down by a weak growth outlook for the country's main trading partner bloc and showing the worst performance among its emerging market peers.

Nigeria's headline inflation unexpectedly fell in July, data showed, reaching its lowest level for more than three years following an aggressive period of monetary tightening by the central bank.

Unions representing more than 1 million South Africa state workers said on Tuesday they had reached a wage increase deal with the government to avert a mass strike that could have slowed Africa's largest economy.

Mozilla has released Firefox 6 only 12 weeks after Firefox 5. What is new and different about it? Not much, but here are five things to take away from it.

An initial public offering is only one of a number of possible strategies the Glazer family is proposing.

Solar panels are a proclaimed wave of the future, but today Evergreen Solar Inc., filed for bankruptcy listing $485.6 million in debt.

T-Mobile USA will be launching two smartphones, Samsung Hercules and HTC Ruby on Oct. 26, according to a leaked document obtained by Tmo News.

Paul Ceglia, the wood pellet salesman from New York claiming he was a founder of Facebook along with Mark Zuckerberg, filed a lawsuit against Zuckerberg in 2010, alleging that they have signed a contract in 2003 that entitled Ceglia to half the company. A court filing on Monday suggests that an authentic contract found embedded in electronic data on Mr. Ceglia's computer did not mention Facebook at all. All it had was a company called Street Fax that Mr. Ceglia reportedly owned.

Sales at Wal-Mart Stores Inc's U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to lure back bargain hunters.

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.

Old Navy announced its entry into the lucrative sports apparel market with its Superfan Nation, an in-store shop set to debut later in August

Barclays Capital is forecasting the price of gold to exceed $2,000 per ounce next year as sovereign debt risks intensify, broad investment demand accelerates and central bank buying of the yellow increases.