The Japanese earthquake and tsunami in March 2011 caused a drastic drop in vehicle production and a near-6 percent rise in vehicle pricing for a key Honda model. That's according to analysis from ALG, a leading automotive residual values and analytical data products source.
Shares of troubled search engine and media developer Yahoo surged nearly 6 percent late Wednesday after a report the company may unload its stake in China’s Alibaba Group for about $17 billion.
Investors in Oracle, the No. 1 enterprise software vendor, had their worst day in three years as shares closed down nearly 12 percent, chopping $17 billion from the company’s market value.
This year was a turning point in the history of Silicon Alley. Investments flooded into many young companies, and Mayor Bloomberg and Cornell University bet big on the future of New York technology.
Investigation had revealed that Countrywide had charged higher fees and rates for more than 200,0000 minority borrowers from 2004-2008, in the midst of the housing boom. Some 10,000 borrowers were also pushed in to sub-prime mortgages when others with similar qualifications got standard mortgages.
Current speculation among investors include deals with Dish Network, Sprint Nextel and Clearwire.
Late night host Conan O'Brien lampooned the complaints surrounding Amazon's Kindle Fire tablet via a video message from Amazon CEO Jeff Bezos.
Canadian telecom upstart Globalive wants to buy rival Mobilicity but no deal is imminent or indeed likely until the government clarifies rules on foreign ownership and airwave allocation, according to a source with knowledge of the situation.
The New York Mets are looking for minority owners. Twenty-million dollars will get an individual 4 percent ownership of the team.
U.S. sales of existing homes were up 4 percent in November to an annual rate of 4.42 million units, according to the National Association of Realtors (NAR), suggesting that a housing recovery is beginning.
A Hungarian software company unveiled what it said was the world's first bronze statue of Apple Inc co-founder Steve Jobs Wednesday, calling him one of the greatest personalities of the modern age.
2012 looks to be a big year for gadgets, as Apple, Google, Microsoft and others are all expected to debut dozens of new devices that push the limits of technology. Here are the release dates for several tablet computers and smartphones coming next year.
Daniel Mudd, the former CEO of Fannie Mae, will take a leave of absence as CEO of Fortress Investment Group in the wake of an Securities and Exchange Commission (SEC) lawsuit.
Based on a preliminary vote count, 99 percent of shareholders of the Franklin, N.J.-based pharmacy benefit manager approved the merger.
S&P 500 stock buybacks increased for the ninth consecutive quarter. As share count begins to decline, some earnings-per-share impacts are expected for the fourth quarter.
Shares of Oracle, the biggest enterprise software developer, fell more than 15 percent Wednesday after the company missed second-quarter estimates for earnings.
Electronic Arts officially launched Star Wars: The Old Republic, the long anticipated online multi-player video game.
Shares of automaker Tesla Motors, Inc. (NASDAQ:TSLA) could touch $42 in the next 12 months, driven by demand for its Model S electric car.
Shares of Oracle, the biggest enterprise software developer, fell nearly 10 percent in pre-market trading Wednesday after the company missed second-quarter estimates for earnings.
Bank of America Corp. (NYSE:BAC) completed its swap of common stock and notes for preferred shares as part of its efforts strengthen its capital base ahead of Fed's 2012 stress test.
Canaccord Genuity analysts released their stocks picks to avoid for the upcoming year and that includes Intel, LM Ericsson, Research In Motion, Powerwave Technologies, Netflix and Intuit.
AT&T Inc. (NYSE: T) said on Monday that it was ending a $39 billion bid to acquire T-Mobile USA, a unit of Deutsche Telekom AG, which began in March. The announcement came via an AT&T statement and after a thorough review of options.
China became the world's top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed on Wednesday.
There was also a report that Amazon.com Inc. considered buying Research in Motion (RIM). But RIM, maker of the BlackBerry, is said to have turned down overtures from Amazon since the company is determined to repair current shortcomings on its own, according to a report from Reuters.
China became the world's top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed Wednesday.
Mozilla has officially released its latest Firefox 9 version, which holds promise to major JavaScript enhancements and new developer tools that make browsing significantly faster.
Japanese prosecutors raided offices of Olympus Corp and the home of a former executive Wednesday in a probe into a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker.
Mozilla has been a valuable partner to Google over the years and we look forward to continuing this great partnership in the years to come, said Alan Eustace, Google's Senior Vice President of Search.
Whether it involves embarrassing tweets, tone-deaf CEOs or even the disappearance of money, some oops moments need be relived just one more time.
Utah Frito-Lay truck driver David Dopp, who won a lime-green 631-hp Lamborghini Murcielago LP-640 in a contest on Saturday, crashed his prize six hours later, according to reports.