Basketball star, Ray Allen, re-lists his Washington house for sale
Ray Allen, the Boston Celtics star, has once again listed his five-bedroom estate in Carnation, Washington for $3.7 million.
Upside and downside of Kyocera's dual-screen Android phone Echo
Last year in February Engadget reported that Sweden's UI design company The Astonishing Tribe (TAT) showcased a dual-screen UI concept, stating that in future devices could sport such a setup. A year later Kyocera communications has launched a dual-screen Android phone called Echo on Sprint network.
ATK, Astrium Unveil Liberty Launch Vehicle Initiative
Alliant Techsystems Inc. (ATK) is teaming up with EADS unit Astrium to develop a new low-cost space rocket launch vehicle that could take tourists into orbit. ATK and Astrium are working together in response to NASA's Commercial Crew Development-2 (CCDev-2) procurement and is offering NASA launch services with the Liberty rocket.
Nvidia Downgraded at ThinkEquity
ThinkEquity has downgraded Nvidia, a graphics chip maker, to hold from buy, on valuation metrics.
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Groupon defends Super Bowl Tibet ad
Groupon defends the Tibet ad aired during Super Bowl asserting that it takes all social causes extremely seriously.
Delta to introduce comfort economy seats on international flights
Delta Air Lines will bring in “Economy Comfort” section, featuring more legroom and seats with additional recline on its long-haul international flights this summer.
Regulators seek to foil bank moves to undermine pay reform
Regulators began their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, and warned firms they would seek to counter attempts to circumvent the reforms.
Regulators set to curb bank bonuses, part of global move
Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
Forget The Moon, NASA Shows Far Side Of The Sun
NASA released the first ever 360 degree image of the sun in a video over the weekend and says it could help with weather forecasts.
China MediaExpress denies fraud allegations; shares up
China MediaExpress Inc on Monday termed the research reports calling the company's financial results into question as misleading, and said its financial statements are backed by well known auditors.
Nokia shares are up on executive shake-up speculation
Shares of Nokia (NYSE: NOK) are moving higher Monday on speculation that the mobile phone maker will soon engineer a major reshuffling of its management and board as the company tries to wrestle back domination of the premium handset market.
AOL to acquire Huffington Post
AOL Inc. said early Monday morning plans to acquire online news website Huffington Post for $315 million, as part of the companies attempt to turn its business around with a strategy of becoming a top producer of digital content.
Ashton Kutcher's Hollywood Hills bachelor pad up for sale at $2.6 mln
Actor Ashton Kutcher has created an exclusive listing for his Hollywood Hills bachelor pad house at $2.6 million.
Judge allows law firm to represent defendants in gang injunction case, sees no conflict of interest
A California judge has ruled to allow a group of lawyers with connections to Oakland City Hall to represent alleged Nortenos gang members who are facing a city lawsuit that seeks to prevent them from hanging out in the city's Fruitvale neighborhood.
Allen & Overy to open 300-strong support center in Belfast
Allen & Overy (A&O) plans to open an operational support and legal services center in Belfast, the capital city of Northern Ireland, and employ 300 people by 2014 to run it.
California settles predatory lending lawsuit against former Countrywide executives for $6.5 mln
The state of California has agreed to settle a predatory lending lawsuit which it has filed against two former Countrywide Financial Corp. executives for $6.5 million.
Former Indian telecom minister arrested over $40 bln graft scam
India's former Telecom Minister Andimuthu Raja, his personal secretary RK Chandolia and former telecom secretary Siddharth Behura have been arrested by India's Central Bureau of Investigation (CBI) over his alleged manipulation while allocating the second-generation telecom (2G) spectrum licenses in 2007 and 2008.
Peter Hoekstra joins Dickstein Shapiro as senior adviser
Dickstein Shapiro, a Washington D.C.-based law and lobbying firm, said that former U.S. Representative Peter Hoekstra (R-Mich.) has joined the firm as a senior adviser.
What does AOL get by shelling $315 million for Huffington Post?
AOL has spent $315 million on one of its biggest acquisitions so far, news aggregator Huffington Post, adding another leaf to its portfolio of content which includes other names like TechCrunch and Engadget.
Flying cars set to hit market by 2012
All car lovers only dreamt of owning a flying car, but soon this will turn into reality and will be able to fly one next year.
January car sales down 15% in UK
New car registration in January fell by 11.5 percent compared to the same period a year ago.
Anadarko makes 4th offshore gas find in Mozambique
U.S. oil and gas firm Anadarko Petroleum Corp said on Monday it had made its fourth natural gas discovery in the Rovuma Basin, the latest in a string of major deepwater natural gas discoveries off the coast of Mozambique.
Harmony doubles Q2 earnings as gold shines
South Africa's Harmony Gold more than doubled its second-quarter earnings on Monday, boosted by record gold prices and said it was on track to meet its long-term production targets.
Fire at Egypt metering station caused gas cut to Israel: company
Gas supplies from Egypt to Israel could resume within a week after a fire at a gas metering station, an Israeli partner in the pipeline said on Sunday, without referring to sabotage as reported in Egypt.
Arianna Huffington: We signed AOL deal at Super Bowl
Arianna Huffington, the co-founder and chief editor of the Huffington Post, says a deal that let AOL buy her online newspaper was signed at the Super Bowl.
Afghan central bank sees Islamic banking law enacted in 2011
Afghanistan's central bank expects an Islamic banking law to be enacted by September, drawing billions in deposits from citizens wary of the conventional banking system, a senior official said.
BofA to pay $410 million to settle overdraft lawsuit
Bank of America Corp has agreed to pay $410 million to settle lawsuits accusing it of charging customers with excessive overdraft fees, court documents show.
Oakland city council warned by Feds not to break U.S. pot law
Oakland officials have been warned by federal authorities not to allow large-scale marijuana farms in the city as it violates U.S. laws and could lead to a crackdown on the growers and their backers.
JPMorgan Chase turned a blind eye to Madoff's epic Ponzi scheme, alleges $6.4 bln lawsuit
Top executives at JP Morgan Chase & Co. knew about the massive Ponzi scam of the bank's client Bernard Madoff much before it became public but turned a blind eye to it, hoping to protect the bank's interests, according to a $6.4 billion lawsuit filed by a court-appointed trustee seeking to recover money for former Madoff clients.
New Yorkers to bid goodbye to iconic yellow taxi
New York commuters are set to bid goodbye to the iconic yellow cab, as the city plans to get it replaced by a smarter and trendier model for the 21 century.
Android leads the race in recent smartphone acquisitions in the U.S.; iPhone dominates among Asian-American users
43 percent of recent acquirers of smartphones in the United States opted for a device using Google's Android operating system, giving it a clear lead over the iPhone and Blackberry.
GM and NASA’s R2 humanoid robot to debut on Super Bowl Sunday
On Sunday, millions of viewers across the globe will be able to watch the television debut of GM's and NASA's dexterous humanoid robot called Robonaut 2 or R2 during the Super Bowl pre-game show on Fox network.
Italian Eurofighter Typhoons land in Bengaluru for Aero India 2011
Two Eurofighter Typhoons of the Italian Air Force arrived at Yelahanka Air Force Station in Bengaluru, India, on Friday to showcase their outstanding operational capabilities at “Asia’s premiere air show,” Aero India 2011.
Hackers penetrate Nasdaq computers: report
Computer hackers repeatedly entered the network of the company that runs the Nasdaq stock market in the past year, but the trading platform was not compromised, the Wall Street Journal reported on Friday.
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