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.
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?
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.
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?
On opening night, producers of "3C" received a cease-and-desist letter from Kenyon & Kenyon, the law firm representing DLT Entertainment, the distribution company for the popular 1977-1984 ABC sitcom "Three's Company." Charging that playwright David Adjmi had infringed on its copyright, DLT demanded that the playwright cease further performances.
The number of fresh arbitration cases filed with the International Center for Settlement of Investment Disputes last year reached its highest level in four decades, the ICSID said in a report last week.
There's one developing storyline in the saga of Knight Capital Group Inc., the Wall Street market maker that lost more than $440 million Wednesday when an automated trading program it had just installed went berserk, that's not being talked about: It is being propped up by the very people it tried to screw over.
Google's new Nexus 7 tablet may be garnering attention in the tablet industry, but there may be an unlikely competitor. An Indian company will be offering a tablet running Android 4.1 Jelly Bean that will only cost $125, PCWorld reported.
The U.S. Treasury Department on Friday said it plans to sell $4.5 billion in American International Group Inc. (NYSE: AIG) shares, further cutting its ownership stake in the bailed-out insurer.
The French government has seized the mansion and several other assets belonging to the son of Equatorial Guinea's ruler on charges of money laundering.
Shares of U.S. banks of all sizes and specialties rose Friday over 3 percent, handily beating the performance of the wider stock market, which itself was in a head-first rally following a week of disappointing news. But there was one big exception to the equity party: megabank JPMorgan Chase and Co. (NYSE:JPM), which looked poised to underperform its peers in late-afternoon trading.
Viacom's total revenue declined by 14 percent in the fiscal third quarter, leading to a net profit loss of 7 percent to $534 million. The dip is mainly due to declines in its film and TV properties, which include Paramount Pictures, MTV and Nickelodeon.
Smartphone supply, component and repair sites like Gotta Be Mobile and iFixyouri have previously posted images and videos of alleged iPhone 5 prototypes, but never did those sites fully compare the new model to the iPhone 4S. On Friday, ETrade Supply posted a highly-detailed photo and video comparison between the iPhone 5 prototype and iPhone 4S components from Apple, which just may be the most convincing photo evidence of the iPhone 5 we have to-date.
The Indian woman who hogged international fame after she gate-crashed India's parade at the London Olympic's opening ceremony embarrassing the organizers and her country apologized on Friday for her action.
The peak weeks are now behind us and the number of earnings reports we get each week will now drift lower.
The firm at the center of a software glitch that prompted highly irregular trading patterns Wednesday morning in shares of more than 100 New York Stock Exchange issues is hanging on by a thread.
Dr. Lynne Fenton and the rest of the University of Colorado's threat team failed to notify police about their concerns with James Holmes and fell out of contact with him after he dropped out of the school.
Mountain Lion includes updates to Safari and also incorporates a number of features from its iOS system, but the most important update of all is AirPlay Mirroring. Even though it's not being discussed as much, this is the unique feature to watch out for in the near future.
Twitter was abuzz early Thursday morning with two hashtags carrying the same message: The next iPhone -- the iPhone 5 -- may cost $800. The rumors came from online gaming site GameNGuide, but unfortunately, this is the sole illegitimate source causing the confusion in today's news. Nobody knows the true price of the iPhone 5, but its starting price will almost certainly not be $800.
The 2013 Porsche Boxster S offers the most fun and best performance of any roadster for under $100,000.
Sony reported far greater losses than the struggling company initially expected in its latest quarterly report. Still mired in the process of restructuring the company, how will Kazuo Hirai still carry through his vision for "One Sony?"
This week has been good for Apple users who were presented with several options for watching video on their iPad. After the news of Hulu Plus being available on Apple, Amazon announced that Amazon?s video app will also be available for free download on Apple iTunes. The only other tablet that this app was available on was Kindle Fire and there were expectations that it would be made available on android tablets like Nexus 7.
Knight Capital Group Inc is being forced to raise money after an erroneous trading position wiped out $440 million of its capital, the firm said on Thursday, causing its shares to shed more than half of their value.
Mac users have been able to play with Apple's newest big cat, OS X Mountain Lion, for exactly one week now. While most users report a seamless, fluid experience, the fact remains that this is the fourth time in one week that I've needed to publish a story about new bugs, problems and issues that new Mountain Lion adopters are experiencing with their Macs.
Facebook, the world's largest social media platform, might have more than 83 million fake users, according to company filings published this week.
Massive oil and gas companies don't usually give away free gas, but Royal Dutch Shell Plc. (NYSE: RDS.A) will be making some Southern California drivers very happy, at least if they drive hydrogen fuel-cell electric vehicles (FCEV).
It may be hard to encapsulate in words, but consumers know when they're looking at something in a product that Apple did first.
Research in Motion (RIM.TO) refuted on Wednesday a new round of Indian media reports, which claim that the BlackBerry maker has granted the government the encryption keys to its secure corporate email and messaging services.
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