COMPANIES

ExxonMobil vice president of investor relations David Rosenthal said his company's lower than expected earning figures are largely due to lingering global economic weakness in Europe which hurt the U.S. economic recovery and prompted declines in industry and chemical refining.

The Seattle-based company announced Tuesday it earned $177 million in the fourth quarter, or 39 cents a share.

Apple updated its professional video editing software offering Final Cut Pro X, injecting the platform with significant improvements to enhance the editing experience.

Amazon.com Inc shares slumped after the largest Internet retailer said it may lose money in the first quarter, a sign the company is continuing to spend heavily on expansion and new ventures.

Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.

Even in defeat, Carl Icahn can change companies.

As it prepares for one of the biggest IPOs ever, Facebook is coming under the same fierce attacks being waged against other big technology companies: patent lawsuits.

As April 17, 2012 approaches, many Americans are faced with the deadline of filing their 2011 income tax returns.

Merck & Co., the second-largest U.S. drugmaker, is projected to report stronger fourth-quarter profit on double-digit growth of key products, an increasing emerging markets presence and further cost reductions.

A lot has been said about hydraulic fracturing, the controversial natural gas drilling technique that has sparked a rush for natural gas in the U.S. Here is how they are built.

Stephen Colbert's super PAC, Americans For a Better Tomorrow, Tomorrow has reportedly raked in over $1 million according to a document filed with the Federal Election Commission.

Though Carnival revealed its sales had declined in the mid-teens on Monday following the Costa Concordia cruise ship sinking, most travel agencies have seen little change in bookings.

Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.

Newt Gingrich is the latest Republican politician to be asked by a musician to stop using their songs at campaign events.

By consolidating its privacy policies and altering its core product, Google has separated itself from the reason everyone loved it. Before, it was simply the world's greatest search engine. Now, it's just another search bar. The new privacy policy gives Google the ability to monitor activity across all of its services, and I suspect that Google product will continue to bleed into each other. Prepare for the end of Google as you know it.

Apple has selected John Browett to be the company's new senior vice president of retail, replacing Ron Johnson, who left Apple in June 2011 to become CEO of J.C. Penney. So who is Apple's new retail head?

Competition from low-cost generic drugs squeezed quarterly profits at Pfizer Inc. and Eli Lilly & Co. but the drugmakers were able to somewhat weather those declines with help from other medicines.

From day one, small businesses should get their accounting act together and apply crucial tips and tricks, said tax expert Eva Rosenberg, owner of TaxMama and author of “Small Business Taxes Made Easy.”

Pfizer remained profitable despite a reported drop in quarterly earnings, beating analysts' dire predictions of lost revenue to generic versions of its best-selling drug Lipitor through its non-pharmaceutical units and cost cutting.

Apple, which lost its retail chief to J.C. Penney last year, hired the CEO of Britain’s top electronics chain to replace him and push an international expansion.

ExxonMobil Corp., the world's largest integrated oil and natural gas company, Tuesday reported fourth-quarter earnings up six percent, less than analysts expected, as higher crude oil profits offset weaker refining margins.

The European Commission opened an investigation into whether Samsung Electronics has distorted competition in the European mobile device market, breaking EU antitrust rules, the EU executive arm said in a statement on Tuesday.

Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.

Here are the methods that you can implement to install iOS 5.1.

Apple Inc overtook Hewlett-Packard Co as the world's largest vendor of personal computers in the fourth quarter for 2011, helped by increasing demand for its iPads, according to a latest report.

Republican presidential candidate Newt Gingrich is in trouble as one of the authors of the hit song Eye of the Tiger has sued him for copyright violation.Gingrich has been using the Eye of the Tiger song from Rocky III as his campaign theme anthem since 2009. The lawsuit claiming copyright violation was filed by Frankie Sullivan for his Rude Music Inc., which owns the copyright.

Nothing much is known about the upcoming tablet thus far.

A review of Research In Motions' leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker.

Wireless provider AT&T has put company veteran John Stankey in charge of strategy amid a management reshuffle after its failed attempt to take over Deutsche Telekom's U.S. mobile unit.