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Maruti Says No Idea When Riot-Hit Factory Will Reopen

Maruti Suzuki(MRTI.NS) has no idea when the Manesar factory hit by a deadly riot this week will reopen, the carmaker's chairman acknowledged on Saturday, saying it was impossible to import extra vehicles or shift lost production to another plant.
OS X Mountain Lion 10.8

Apple OS X 10.8 Mountain Lion Rumored To Go On Sale Wednesday

Apple Inc. (Nasdaq: AAPL) looks to be gearing up for something big. The tech company is pushing for more overtime hours by certain staffers beginning Wednesday, meaning that a big release will likely be on the way soon. Many agree the release probably will be the latest iteration of the Macintosh OS X operating system.
South African miners

Platinum In A Rut, Just Like Europe's Diesel Market

The price of platinum, the precious metal used to make anti-pollution equipment for vehicles, is in a slump due to the global economic downturn, but it's especially bad in Europe where platinum demand is greatest. Nevertheless, analysts are bullish, believing the price will rise in the latter half of the year and into the next.
Facebook IPO: Mark Zuckerberg Celebrates With Employees As Nasdaq Begins Trading

Facebook IPO Jinx Falls: Palo Alto, Kayak Soar

Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
A generic picture of a Xerox logo on a photocopier.

Xerox Surprise: CEO Trims Earnings Forecast

The global slowdown may trim net income for Xerox Corp. (NYSE: XRX), the No. 1 provider of business printers and services. CEO Ursula Burns shaved her full-year forecast to a range between $1.07 and $1.12 a share from the previous $1.18.
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GE's 2Q Beats Street On Strong US Energy Equipment Sales

General Electric Company (NYSE: GE), the largest U.S. conglomerate, said Friday its second-quarter continuing earnings rose 7 percent as strong U.S. demand for energy related equipment offset falling European demand and the effect of a strong dollar.
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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.
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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.
Nokia CEO Stephen Elop

Nokia’s Challenge: Can It Wait for Windows 8?

Investors are betting that Finland’s Nokia (NYSE: NOK) can survive the smartphone wars, now that it’s gambled on Windows from Microsoft (Nasdaq: MSFT), the world's biggest software company.
Grum Spambot Shut Down: Massive Botnet Created 18 Percent Of World's Spam Email

Grum Spambot Shut Down: Massive Botnet Created 18 Percent Of World's Spam Email

The Grum botnet, which experts believe is responsible for about 18 percent of the world's spam email traffic, has been shut down, according to security company FireEye, based in Milpitas, Calif. According to M86Security, Grum was responsible for roughly 17.4 percent of the worldwide spam email traffic, which made it officially the third largest active botnet in the world, after Cutwail and Lethic, respectively. In January 2012, however, Grum became the No. 1 spam botnet in the world, accounti...
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Markets Cheer Walgreen For Express Scripts Deal

Large U.S. drugstore chain Walgreen Co. (NYSE: WAG) announced Thursday it would be renewing its contract with Express Scripts Holding Co. (NASDAQ: ESRX), to provide customers of that pharmaceutical claims manager with prescription drugs at Walgreens retail stores.
4chan Gets Burger King Employee Fired

4chan Users Get Burger King Employee Fired For Defiling Lettuce in Photo

4chan is a confusing place. Its anonymous userbase is just as likely to spend time harassing people over the internet as it is arrange a killer birthday party for a 90 year-old veteran. The site's latest stunt seems like a combination of both. After a Burger King employee posted a picture of himself standing in a tub of lettuce, 4chan users tracked the employee down and had him fired.

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