New York City was named the most expensive U.S. commercial real estate market in a report by the Building Owners and Managers Association (BOMA) International.
McDonald's keeps beating the economy, unveiling strong identical-store November sales numbers in an earnings report Thursday.
Among the happiest is likely company chairman Bill Ford Jr., who made the announcement, considering he and family members who own or receive dividend benefit from many of the company's Class B shares have been the income since the dividend was dropped in 2006 as Ford struggled, teetering near bankruptcy.
The SEC on Thursday charged Wachovia Bank N.A. -- now Wells Fargo Bank following a merger in March 2010 -- with fraudulently engaging in secret arrangements with bidding agents to improperly win business from municipalities and guarantee itself profits in the reinvestment of municipal bond proceeds.
Outside consultants, accountants, regulators, and people who were at the company “before I arrived” all took actions that undermined the stability of the company, Corzine is set to tell the House Committee on Agriculture today, according to his written comments. Not responsible, though as Corzine acknowledges are “one of the recurrent themes in the media” was the firm’s relatively high ratio of leverage or its exposure to European sovereign debt.
The HP TouchPad sale is being revived - for one day only - on HP's eBay store, which will offer heavily discounted $99 tablet computers during another round of the firesale.
One company thought it had discovered a major security flaw in Google Translate, but Google stepped in and set the record straight.
The 30-year fixed-rate mortgage rate dropped to 3.99 percent in the week ending Dec. 8 from four percent in the previous week, according to Freddie Mac.
With an expected price of $99, American consumers will soon get the chance to try out the Novo7, the first tablet computer to sun Android's Ice Cream Sandwich operating system. Get the full spec list here, learn where to look for Novo7s (now available only in China), and compare it another Apple iPad challenger, the ill-fated HP TouchPad.
Mayo Clinic and Nestle-owned Prometheus Laboratories took their patent battle to the U.S. Supreme Court Wednesday.
The Ministry of Women & Child Development has revealed that dowry cases, as defined under the Dowry Prohibition Act, 1961, are increasing in India.
The battle between smartphones with near identical specifications is getting more intense day-by-day. Among those phones with similar features are the HTC Vivid and the LG Nitro HD. However, the Nitro HD outshines the Vivid, with a dual-core 1.5 GHz processor and its True HD AH-IPS display.
A Pakistani court on Thursday rejected a petition from a lawyer asking that authorities be directed to file charges of obscenity and sedition against actress Veena Malik.
The U.S. Call Center Worker and Consumer Protection Act, sponsored by Reps. Tim Bishop (D-NY) and Dave McKinley (R-WV), would prohibit federal grants or loans to U.S. based companies who move call center jobs outside of the country following enactment of the legislation.
IBM, the No. 2 computer giant, said it plans to acquire e-commerce specialist DemandTec for $440 million to beef up its retail and marketing software services.
Susquehanna Financial cut its profit estimates of JPMorgan Chase & Co. (NYSE:JPM) after the company guided weak results for its investment bank unit.
The Karmapa is regarded as the third most important figure in Tibetan Buddhism after the Dalai Lama and the Panchen Lama.
U.S. telecom giant AT&T, Inc. (NYSE:T) said it sold about 6 million smartphones in the first two months of the fourth quarter and expects to break the previous single-quarter smartphone sales record of 6.1 million, thanks mainly to Apple iPhone 4S.
Alibaba Group is seeking up to $4 billion in debt financing, sources said on Thursday, in a deal expected to help the Chinese e-commerce giant buy back a 40 percent stake in the company owned by Yahoo Inc.
India's carmakers may just break even in the fiscal year that ends in March, an industry body warned on Thursday and said it would cut its sales outlook for the year, as firms struggle with sluggish demand on rising input costs and high interest rates.
Google Inc. is preparing to celebrate its 10 billionth download on the Android Market with a 10-day promotional offer that will see ten apps on sale for $0.10 throughout the offer period.
Should the tablet live up to its promises, at the price, it should provide a lot of bang for your moolah, making it one of the top tablets to look out.
General Electric Co and Microsoft Corp are forming a joint venture to develop and sell software systems to make it easier for healthcare providers to store, access and share patient information.
The Academy of Motion Picture Arts and Sciences is enlisting some Hollywood heavy hitters to help raise money for the proposed Academy Museum.
Washington Wealth Management, a start-up that is expanding nationwide by poaching Wall Street brokers and managers, on Wednesday said it hired three Morgan Stanley Smith Barney producers and opened offices near Las Vegas and San Diego.
Pacific Sunwear of California Inc said it received a $60 million loan from private equity firm Golden Gate Capital in return for two board seats and the right to buy a 20 percent stake in the teen retailer.
Video on demand supplier Gravitas Ventures is expanding its international operation with an eye toward Asia.
J.C. Penney Co. is buying a 16.6 percent stake in Martha Stewart Living Omnimedia Inc., a move by chief executive officer Ron Johnson that he hopes will build up the company's line of brands while also bringing up sluggish sales.
It turns out that credit unions did not benefit so much from fed-up customers of big banks. The Credit Union National Association said in early November that their survey showed an estimated 650,000 Americans have opened new accounts at credit unions since Sept. 29, the day Bank of America (BAC) announced the $5 debit card fee that it later cancelled due to mounting pressure. However, a newly released regular monthly report shows quite a difference scenario.
As his peers in larger financial institutions are dealing with collapsing stock prices and laying off tens of thousands, the chief executive at boutique investment firm Lazard Ltd (NYSE:LAZ) said he believes smaller, more nimble investment banks like his are likely to benefit from trends developing on Wall Street.
