The California State Teachers' Retirement System (CalSTRS) is suing Wal-Mart Stores Inc. (NYSE: WMT), accusing leaders of the world's biggest retailer of not upholding the best interest of shareholders by quashing an investigation of bribery of public officials by its Mexican subsidiary.
Yahoo CEO Scott Thompson is under fire after an activist hedge fund found that he had embellished his resume regarding details on his academic credentials, prompting the board of directors of Yahoo Inc. to launch a probe into records about their chief executive office.
Samsung unveiled its highly anticipated Galaxy S3 on May 3. The smartphone comes with a quad-core turban Exynos processor, a 4.8-inch HD Super AMOLED display, an 8 megapixel camera and a gigantic 2020mAh replaceable battery.
A Utah woman thought she was involved in a terrorist plot when she opened up a tampon to find a tiny package of white powder. Police however, identified the substance as cocaine.
Amidst the hoopla created by the launch of Samsung's flagship Galaxy S3, the second-largest South Korean electronics conglomerate, LG silently launched its Optimus LTE2 on the same day.
Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, shrugged off a new charge by activist shareholder Third Point that new CEO Scott Thompson falsified his credentials.
Samsung has finally launched its flagship Galaxy S3 phone. The official commercial of the phone is also out, which shows that the phone is made for the humans, giving a direct hint towards the natural interaction features that the company has provided in the phone.
During the launch event, Samsung announced all the key features and improvements that could offer its flagship Galaxy S3 smartphone a competitive edge over the rivals. However, the manufacturer didn't reveal the U.S. carriers that would offer the device. A latest report said Sprint will launch the highly anticipated handset later this year.
Nokia (NYSE: NOK), the ailing Finnish mobile products maker, will add tablets to new smartphones as part of its turnaround, Chairman Jorma Ollila said.
The wicked little Juke-R ? the unholy offspring of a Nissan Juke mated to GT-R engine ? can tear up the track at speeds up to 160 mph and recently starred in its own noir themed movie ?Desert Nemesis? as it faced off under the able hand of driver Lucas Ordonez against Dubai racing master Salah Salahuddin?s stable of supercars. And now Nissan says the car will be available to buy ? as least if you?re super-rich.
Facebook, the 901-million-member social network priced its initial public offering at $35. It could be the biggest-ever IPO.
Beginning in November, Spirit Airlines passengers who wait to pay for their carry-on luggage until they arrive at the gate may get sticker shock in the form of a $100 fee ? each way.
Today, Pepsi reached a deal with Jackson's estate to use the King of Pop's image in their global marketing campaign.
The mysterious death of William Coyman, a retired teamster from Boston, Mass., has raised many questions about the circumstances surrounding the deadly incident. In August, the Beantown teamster stepped off an Amtrak train in New York City and collapsed on the platform at Pennsylvania station.
BP Plc. (NYSE: BP) won preliminary approval of its proposed $7.8 billion settlement of claims relating to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
Deutsche Lufthansa AG (FRA: LHA) announced Thursday it will lay off 3,500 administrative employees over the next couple of years as part of its plan to save $2 billion by 2014. The news comes a day after the airline announced a first quarter operating loss of ?381 million ($499 million), compared to a loss of ?169 million a year earlier.
Evernote's $1 billion valuation, among the recent success of other technology companies, raises questions about whether there's a technology bubble that's ready to burst.
Shares of auctioneer Sotheby?s (NYSE: BID), which handled Wednesday?s record-breaking sale of Edvard Munch?s ?The Scream,? dropped as much as 5.1 percent in Thursday trading.
General Motors Company (NYSE: GM), the world's largest auto company, reported profits down 69 percent for the first quarter, but the loss resulted from outsized, one-time profits the year before. Overall performance for the company was strong, with revenue driven 4.4 percent higher by strong U.S. sales and improved global margins.
The Microsoft's Windows Phone marketplace is still at a very nascent stage. Hence there are not nearly as many apps as there are for the Apple app store and the Google Play store. However, to keep up with competition, the company has made recent efforts to avail their marketplace in 22 new countries.
Shares of ?Big Data? specialist Teradata (Nasdaq: TDC) jumped 8 percent after the computer specialist reported better-than-expected first quarter results.
Rumors are rife that Apple is planning to launch a miniature, 7-inch Apple tablet at this year?s Worldwide Developers Conference that will kick off on June 11. The same event is expected to see the launch of some great devices like MacBook Pro (2012), iTV and some software like iOS 6 and iTunes 11.
General Motors reported a first-quarter profit that surpassed forecasts as it was able to boost vehicle prices, especially in North America, and cut losses in its troubled European operations.
Mobile operator Sprint recently released Google's flagship Android ICS phone, the Samsung Galaxy Nexus, for around $199.99 on a 2-year contract. In an attempt to expand its basket of offerings Sprint will start taking pre-orders from May 7 for HTC Evo 4G LTE with a price tag of $199.99 on contract. The smartphone is due to hit stores sometime this month.
Samsung, the Korean electronics giant, has notched up significant traffic on the Internet lately thanks to the overwhelming amount of speculations, anticipations created by its next iteration of Galaxy phone, Galaxy S3. While speculations are uncountable, we have tried to be picky about some of the features we are certain about. Check out the list of all the more-or-less expected features of the Galaxy S3 like 4.8-inch Super AMOLED Plus screen, Ice Cream Sandwich OS, 1.4GHz Exynos 4 Quad process...
Steve Jobs is remembered not merely for the company he co-founded, but also for his mannerism, determination and marketing skills that helped Apple reach the zenith of success. But what about his acting skills? Yes, the Apple wizard did have some. He appeared as former U.S. President Franklin Delano Roosevelt in a long-lost TV commercial to charge up the company's sales team to take on IBM.
US-based retailing company Target is going to stop selling Amazon's Kindle-branded products in the spring of this year, according to a latest report.
An Oracle Corp attorney ruled out a settlement with Hewlett-Packard Co in a bitter lawsuit over the Itanium microprocessor, a day after the judge refused to resolve the case for either side before trial.
Visa Inc, the world's largest credit and debit-card network, beat analysts estimates with a 23 percent increase in adjusted earnings as people spent more with cards.
Swiss pharmaceutical company Novartis International AG / Sandoz (NYSE: NVS) announced Wednesday it would acquire Melville, N.Y.-based Fougera Pharmaceuticals for $1.5 billion in cash.The deal makes Sandoz, Novartis's generics drug division, the world's largest maker of generic dermatological drugs.
