COMPANIES

File photo shows the headquarters of mortgage lender Freddie Mac in McLean

Freddie Mac Swings To Profit, Asks For Bailout

Freddie Mac requested $146 million from the U.S. Treasury to meet interest payment obligations on bailout funds, despite swinging to a profit, the troubled mortgage buyer reported Friday.
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Cruise ship

Carnival Swings To Loss In Fiscal 2012 1Q

The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.
Samsung Galaxy Note 10.1

New iPad vs Galaxy Note 10.1: Will Apple Beat Samsung’s Best Bet?

Apple has finally launched its much-awaited iPad - the New iPad. Stunning features, zippy processor and an amazing HD display, all that you wanted to see in your tablet, are now packed in Apple's latest iPad. But are they enough to compete with its Android rival Samsung?
Holey Optochip

IBM Breakthrough: Trillion-Bit Chip Moves Light Faster

IBM researchers have developed an optical chip that can transmit as much as a terabit, or 1 trillion bits, of data per second using commercially available products -- a breakthrough that could revolutionize computing.
Smith Wesson

Smith & Wesson 3Q Profit Blasts Expectations

Smith and Wesson (NASDAQ: SWHC) reported on Thursday a 23.8 percent increase in revenue for its fiscal 2012 third quarter, shotting past analysts' expectations as increased sales coupled with lowered expenses swung the company to a profit.
Wells Fargo

Wells Fargo To Charge $7 Fee In 6 More States

Wells Fargo & Co., the bank with the most U.S. branches, is ending free checking in six eastern U.S. states starting in May, expanding a $7 monthly service fee for the use of its basic checking account.
Fender Musical Instruments Files for $200 Million IPO

Fender Ready To Rock Market With IPO

Iconic guitar maker Fender Musical Instruments Corp. filed on Thursday to raise up to $200 million through an initial public offering, using a substantial chunk of the proceeds to pay off debt.
It's been a day since Apple CEO Tim cook announced the new iPad, simply called, "the new iPad." While some believe Steve Jobs would've never approved such an unexciting, boring name, the truth of the matter is that Jobs would have LOVE

'The New iPad' by Apple: Why Steve Jobs Would Love The Name

It's been a day since Apple CEO Tim cook announced the new iPad, simply called, the new iPad. While some believe Steve Jobs would've never approved such an unexciting, boring name, the truth of the matter is that Jobs would have LOVED the name.
iPad2

Apple Cuts iPad 2 Price to Rs. 24,500 in India

Gadget lovers in India can now own an iPad 2 for 24,500 rupees, with Apple Inc slashing its price worldwide on Thursday following the launch of a new third-generation, 4G-ready tablet.
A Ford Focus RS kicks up some dust in WRC Rally Mexico 2010.

How to Watch WRC Rally Guanajuato Mexico 2012

If you can’t see the heart pounding insanity that will be Rally Guanajuato, Mexico 2012 in person, you’ll still be able to partake in the action of the next World Rally Championship race online, although you’ll miss out on the historic splendor of Alhóndiga de Granaditas.
Josh Powell

Josh Powell Life Insurance: Who Gets The Money?

Josh Powell, who last month took the lives of his two young children and himself in a house fire, is back in the headlines. This time, it's over whether Powell's relatives are entitled to his $1.5 million life insurance policy. Who, if anyone, gets the money?

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