Vodafone's victory over India's tax authorities may have a sting in the tail. But if the government now changes the law, future offshore M&A deals may not escape so easily.
Energy conglomerate Reliance Industries reported its first quarterly profit drop in more than two years, and moved to bolster its underperforming shares by announcing a share buyback of up to 104.4 billion rupees.
Morgan Stanley CEO James Gorman was awarded a $10.5 million bonus for 2011, down 25 percent from the previous year, according to a source familiar with the matter.
The Chevron Corp. announced Friday it has filed an appeal with Ecuador's National Court of Justice to review what the company calls an illegitimate ruling made against it this year.
Zach Tomaselli, the third person to accuse former Syracuse coach Bernie Fine of sexual assault, admitted on Friday that he doctored emails to the media in order to bolster his claims.
Apple unveiled iBooks 2 on Thursday, a sequel to its popular book and PDF reading application that now accommodates textbooks on the iPad. Here, we provide a guide to what you'll find in the new free app, and explain why iBooks 2 really is the future of textbooks.
The popular indie video game Minecraft will soon be ported to the Xbox Live Arcade (XBLA), and the developer of the game’s port is pushing for Minecraft to be the first game to receive constant updates on the XBLA platform. In addition, the XBLA version of Minecraft will be useable with the Microsoft Kinect.
Billionaire investor Carl Icahn is buying some of the debt of hedge fund manager Philip Falcone's LightSquared Inc. as the ailing wireless-network company runs short of cash, according to two sources familiar with the matter.
Intel Corp will promote 20-year company veteran and manufacturing expert Brian Krzanich to the post of chief operating officer, making him a frontrunner to one day replace Paul Otellini as chief executive.
The reason for the decline? Warmer-than-normal winter temperatures has dampened demand, and rising natural-gas inventories have taken their toll on the commodity's value, according to the U.S. Energy Information Administration.
U.S. venture capitalists dipped deeper into their pockets to fund start-ups last year, despite a slowdown in the fourth quarter. The appetite for mature consumer web companies remained strong, while interest in early-stage companies tumbled.
Airlines utilizing the Airbus A380 will be required to conduct enhanced inspections following findings of cracks inside the wings of the aircraft, the European Aviation Safety Agency announced Friday.
Apple unveiled three new pieces of education software on Thursday -- iBooks 2, iBooks Author and iTunes U -- to collectively kill the school textbook once and for all. Despite this brilliant move, the hardware restrictions of the iPad 2 hold back the power of the iBooks software. This will change with the iPad 3.
Nike has unveiled its latest creation, the FuelBand, a new wristband used to track and measure fitness activity and regimen which could revolutionize the way fitness is monitored.
An Alabama man turned himself into New Orleans police on Thursday for sexual battery charges stemming from a teabagging incident after the BCS Championship game on Bourbon Street.
A city council voted 9-1 to require actors who work in pornography films to wear condoms while performing in the city of Los Angeles, according to a Los Angeles Times report, and now questions are coming up about what will happen to the area's thriving porn industry.
PETA, the animal rights group, is seeking to obtain O.J. Simpson's Florida home from JPMorgan Chase for a Meat is Murder museum.
The U.S. government has set a deadline of 2025 for finding an effective way to treat or prevent Alzheimer's disease, an ambitious target considering there is no cure on the horizon and one that sets a firm deadline unlike previous campaigns against cancer or AIDS.
Before iPhone 4S was launched, case manufacturers had already produced iPhone 5 case conforming with the rumored features and design of iPhone 5. Similarly, based on the speculated features and design of the next generation iPad, some manufacturers have already begun making cases for the yet-to-arrive tablet.
The Supreme Court ruled in favor of Vodafone Group Plc in its fight against a $2.2 billion tax bill, a decision analysts said would encourage foreign investment and clear the way for the company's planned initial public offering in India.
General Electric Co's (GE.N) fourth-quarter revenue fell short of Wall Street expectations because of slower-than-expected growth in Europe, sending its shares down 2.5 percent in premarket trading.
Schlumberger Ltd (SLB.N), the world's largest oilfield services company, reported a 36 percent rise in quarterly earnings, beating Wall Street forecasts, but it warned that Europe's debt crisis could hurt economic growth and trim oil demand.
Apple Inc. unveiled two new educational opportunities, including iBooks 2 for iPad and an all new iTunes U app, at a press event in New York Thursday.
Apple Inc took a big jump into the digital textbooks market with the launch of its iBooks 2 software on Thursday, aiming to revitalize the U.S. education market and quicken the adoption of its market-leading iPad in that sector.
iBook 2, Apple's latest iOS app, comes with Retina Display, reveals 9to5Mac. Soon as the news hit the ears of iPhone lovers, rumors are at its peak about iPad 3, which is expected to release within months, to have the same high resolution display.
The U.S. government shut down the Megaupload.com content sharing Web site, charging its founders and several employees with massive copyright infringement, the latest skirmish in a high-profile battle against piracy of movies and music.
Megaupload, a leading file-sharing site, was instantly shutdown on Thursday after federal prosecutors found the site guilty of mass copyright infringement. The decision came amid a nationwide battle over online music and video piracy.
Pipeline activity in November of last year reached its highest point since last spring, thanks to record-setting drilling results and improved financing, according to a most recent report published Thursday.
JAN 19 - IBM Corp, the world's largest technology services company, aims to grow earnings by at least 10 percent this year after it beat fourth quarter profit estimates, underderscoring signs of confidence in global tech spending.
Moody's Investors Service, the credit rating agency of Moody's Corp , warned on Thursday that it is likely to make further cuts in credit ratings of many European banks and global investment banks.
