A month ago, shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, closed at their record high of $628.64. On April 10, they hit their all-time high of $644. Now they are at $570.
Ford Motor Co. (NYSE: F) is recalling 27,000 model year 1998 to 2003 Windstar vans which suffer from a problem which can cause the rear axle of the vehicle to fracture, increasing the risk of crash, a notice from the National Highway Traffic Safety Administration (NHTSA) said Wednesday.
Social media gives companies a chance to humanize themselves, giving fans exclusive content in return for their loyalty. It's an effective strategy, and it's helped change the fortunes of several companies on the brink of solvency.
CEO of AOL Tim Armstrong set out to settle all the rumors and address the growing concerns among Patch employees and AOL investors this morning in a conference call.
The trial for former Penn State assistant football coach Jerry Sandusky could be postponed. An attorney for Sandusky, who charged last year with more than 50 counts involving sexual acts with minors, asked on Wednesday, May 09, for his client's June 5 trial to be delayed.
There will be no new Top Gear until 2013 except for a Christmas special because of fat people singing and Simon Cowell, the show's controversial but beloved host Jeremy Clarkson confirmed on Twitter Wednesday.
A Russian Sukhoi SuperJet 100 vanished over Indonesia on Wednesday during a demo flight meant to promote Russia's first newly-designed passenger jet since the Soviet collapse.
Defense attorney Joe Amendola is looking for a delay in his client's trial.
Victor Willis, the original lead singer in the six-man group the Village People, won a landmark copyright case Wednesday that will give him partial ownership of dozens of the disco band's songs.
Demonstrators are expected to swarm Bank of America Corp's annual shareholder meeting on Wednesday to voice anger over a range of issues from foreclosures to corporate taxes to financing for the coal industry.
Top 7 gadgets hot selling gadgets available in the market right now, for your tech-savvy moms. Flip through the details, and now decide on the present for your mom.
Third Point, the New York hedge fund that owns 5.8 percent of Yahoo (Nasdaq: YHOO), the No. 3 search engine, scored another victory late Tuesday as the company formally announced a director would quit.
Thanks to the rapid growth in the use of apps and services, the personal cloud will eclipse the personal computer (PC) as the hub of consumers' digital lives by 2014, introducing a new concept for how people store, synchronize, share and stream content.
According to recent report cited in DigiTimes, Apple is going to launch a new MacBook Air sometime around the third quarter of this year. Further, the report has suggested that the new Air would be priced by the company at a price as low as $799.
Apple has criticized Samsung's recent success as the world's number one smartphone maker by saying that the South Korean tech giant got to the top spot by copying the Cupertino-based company's products. This comes at a time when both Apple and Samsung have agreed to drop roughly half the number of charges against each other, ahead of a court-moderated settlement talk in San Francisco to ensure that a trial can be heard as early as this summer.
The top after-market NASDAQ gainers Tuesday were: Vitesse Semiconductor Corporation, Himax Technologies Inc, Blue Nile Inc and DealerTrack Holdings Inc.
The top after-market NASDAQ losers were: STEC Inc, Gulfport Energy Corporation and Seattle Genetics Inc.
Neither premium chicken sandwiches nor Angus burgers could tempt U.S. consumers to spend more on higher-priced items at McDonald's, as a tepid U.S. economic recovery kept restaurant spending in check.
Walt Disney Co. (NYSE: DIS), the world's largest entertainment company, reported Tuesday that its second-quarter profit rose 21 percent, topping analysts' forecasts as solid results from theme parks offset a disappointing performance from sci-fi film John Carter.
Social networks are gateways to finding out what's popular, what's trending, and what people care about. If companies can figure out how to target younger audiences, from millennials to college students to young adults, companies can see drastic changes in their fortunes.
Third Point Capital, the New York hedge fund with a 5.8 percent stake in Yahoo (Nasdaq: YHOO), the No. 3 search engine, has scored again. Also, Yahoo's director has agreed to quit.
An identified 19-year-old female received a shock when her boyfriend, 20-year-old Raymond Williamson, sent her a picture of her dead chinchilla that had died three weeks before. No, the chinchilla is not a zombie pet that rose from the grave. Williamson had dug up his girlfriend's pet after getting into a fight.
Diamond Pet Foods is expanding a voluntary recall of nine brands of dry pet food made between Dec. 9, 2001 and April 7 due to potential salmonella contamination, this Missouri-based company announced.
A corporate diet, better focus and the explosion of ?Big Data? is expected to send earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.
ABC News and Spanish-language broadcaster Univision have announced they will be launching an English-language 24/7 news network later in the year that will be focused on the growing number of Hispanic media consumers in the United States.
Mexican business-tycoon Carlos Slim Helú's mobile telecommunications company América Móvil S.A.B. de C.V. (NYSE: AMX) made an unsolicited bid to raise its stake in Dutch mobile phone company Koninklijke KPN N.V. (Amsterdam: KPN) by $3.4 billion, KPN announced Tuesday.
Shares of Oracle (Nasdaq: ORCL), the world's biggest database developer, fell despite the company?s apparent victory over Google (Nasdaq: GOOG), the No. 1 search engine, in a vicious patent lawsuit.
Following on its previous, highly-sucessful roll-out of the Dominos Pizza brand in that country, India's Jubilant FoodWorks has opened a Dunkin' Donuts in New Delhi, the first store in what the company expects to be a hundred-location chain within five years. The operation is a joint venture between that company and Dunkin' Brands International in the United States.
EBay Incorporated (NASDAQ: EBAY) will open a new software development center in Bangalore, India which will employ as many as 1,000 engineers to support its eBay Marketplaces and PayPal products, the company announced Tuesday.
Marubeni Corp., Japan's biggest grain trading company, is in exclusive talks to buy U.S. grain and energy trader Gavilon LLC for about $5.2 billion including debt, media reports said Tuesday, citing sources close to the deal.
Activist investor Third Point Capital has drawn blood in its war to knock out management of Yahoo (Nasdaq: YHOO), the No. 3 search engine: CEO Scott Thompson has apologized for lying.
