COMPANIES

Hewlett-Packard Co on Monday unveiled a new glass-encased laptop computer as the largest computer maker stepped up its efforts to chip away at rival Apple Inc's stronghold in high-end PC market.

The Dodge Dart is back after 36 years. Chrysler revealed the revived version of the car on Monday, at the North American International Auto Show (NAIA) in Detroit.

Research In Motion showed off a major update to the QNX-based software running its poor-selling PlayBook tablet and unveiled minor improvements to its legacy BlackBerry phone software at the Consumer Electronics Show on Monday.

Microsoft Corp. is gearing up to release its revolutionary Kinect sensing device on its Windows platform on Feb. 1, Chief Executive Officer Steve Ballmer said Monday.

Bajaj Auto, which is India's second largest two wheeler manufacturers, has unveiled its low cost car named RE60.

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Microsoft CEO Steve Ballmer said the world’s biggest software company will thrive in the exploding world of laptops, tablets and new applications.

Just a month after Asus officially launched its Transformer Prime, the computer titan has now rolled out an upgraded version of the tablet at the Consumer Electronics Show 2012 (CES) on Monday, according to reports.

Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.

Bank of America-Merrill Lynch is cutting around a fifth of its managing directors across its Asia investment banking division, sources said Monday, in a bid to cut costs as the outlook sours in a once-booming region.

Hostess Brands Inc, a wholesale baker, is again preparing to file for Chapter 11 bankruptcy protection this week, The Wall Street Journal reported, citing people familiar with the matter.

Alcoa Inc posted a fourth-quarter loss Monday due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.

LG made a powerful statement at CES 2012 in Las Vegas on Monday, introducing its line-up of smart products including TVs, refrigerators, ovens, and vacuums.

Apple Inc Chief Executive Tim Cook received a one-time stock award worth nearly $400 million, the largest given by a company in a decade.

Samsung Electronics introduced its thinnest-ever laptop, the Series 9 Notebook, which weighs 2.5 pounds and is a half-inch thick. The new computer will be priced at $1,399 for a 13-inch screen available Feb. 27.

Intel plans to make its biggest marketing push since 2003 for a new, super-thin category of laptops it has dubbed ultrabooks, hoping to fend off major strides made by Apple Inc and its MacBook Air into the high-end personal computing market.

Olympus said Tuesday it was suing 19 current and former executives, including President Shuichi Takayama, for up to 3.6 billion yen in compensation and that all current board members subject to the lawsuit would resign in March or April.

Samsung Electronics, which is fast closing in on Apple as the No. 1 smartphone maker, announced its Galaxy Note S Pen for customers with accounts with AT&T. The new smartphone features a stylus, which executives said could be used for more than notes.

Dish Network, which has lost ground in the satellite TV wars, is trying to relaunch itself by introducing a set of new and simplified DVRs and adding extensive music services. It also announced a multiyear relationship to carry Spanish-language broadcasts from Univision Communications.

The betrayals of real estate magnate Edul Ahmad, though brought to light nearly six months ago, continue to haunt the residents of the Guyanese-dominated Richmond Hill neighborhood of Queens.

One day in year 2005, a young man called Mark Zuckerberg surprised the world with a new concept called social media service. He called it Facebook, which has grown to have a market value of $100 billion now.

AMR Corp , the bankrupt parent of American Airlines, on Monday said it would cut service between Chicago and New Delhi and between Dallas/Fort Worth and Burbank, California, a move that will eliminate 150 jobs.

Novartis issued a recall on Sunday for a number of its over-the-counter drugs including headache remedy Excedrin and Bufferin, due to mislabeled and broken pills during manufacturing. Here's how you can get a full refund for the recalled products.

The Detroit Auto Show 2012 has been so far a testament to value and design combinations, key elements that deliver winning car products. The Hyundai Elantra kicked off the first day of the North American International Auto Show -- as it's officially called -- Monday with a somewhat surprising win as Car of the Year. The compact Elantra, cited by voting jurors for its low price and high efficiency with 40 miles per gallon, beat the Ford Focus and Volkswagen Passat for the annual honor.

Five Years ago today, Steve Jobs unveiled the revolutionary iPhone. The gadget that merged together telecommunication, cyberspace, music and video continues to be celebrated to this day, but while many took to the Web to mark its fifth birthday, others took the opportunity to shed light on labor conditions at Foxconn factories where most iPhones are made.

A Polish military prosecutor defending his department against allegations that it had broken the law shot himself in the head Monday after cutting short a news conference. The cameras were still rolling.

Eighteen coastal states have varying degrees of protection against hurricanes, according to the Insurance Institute for Business & Home Safety.

The name e-Bugster is derived from the obvious -- e is for electric, Bug is the nickname of the iconic Beetle, and speedster describes the open-top two seater, the company said.