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Barratt Developments sees 'significant' rise in H1 margin

British housebuilder Barratt Developments Plc said it expects operating margin for the first half to be around 5 percent, significantly up from 2.4 percent in the year-ago period. The company said its average selling price rose by about 6 percent.

DC Universe Internet Game Hits Stores

Sony Online Entertainment announced the availability of online action game DC Universe Online that allows players to create their own superhero or villain while joining forces with their favorite DC Comics characters such as Superman, Batman and The Joker to aid in saving - or destroying - the planet.

Volvo seeks 2nd home market in China

Volvo Car expects China to become its biggest market as early as next year and its second home market after Sweden as the Chinese-owned automaker looks for sales to grow more than six times by 2015, a top company executive said.
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7-11 convenience stores plan to expand in Manhattan

The “suburbanization” of Manhattan will continue -- the 7-Eleven convenience store franchise plans to operate an astounding 100 stores in the borough by the year 2015, according to a report in Crain’s New York Business.

Gabrielle Giffords in critical condition but may recover: Doctors

U.S. Rep. Gabrielle Giffords (D-AZ), who sustained a gunshot to the head during a Congress on Your Corner event in Tucson that killed six people, including federal judge John Roll, and injured 14 others, on Saturday, is still in critical condition but is expected to recover.

Facebook hoax recalls other similar corporate hijinks

The shocking (and highly ludicrous) news over the weekend that Mark Zuckerberg was going to shut down Facebook because it was causing him too much “stress” was only the latest in a long line of corporation-related hoaxes that have long amused, annoyed and bedeviled the public.
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IoSafe unveils battle-worthy hard drive

Meet the hard drive that is almost battle worthy, capable enough to survive the ravages of Iraq or Afghanistan - the IoSafe Rugged Portable, showcased at CES 2011.
The Morgan Stanley headquarters is seen in New York

Wall Street expands in red-hot mainland China

JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.
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Andriod phones muscle it out on Verizon's 4G turf

Verizon has received a crop of 4G phones at the CES 2011, sufficient enough to handle an onslaught of phones from other carriers. Here is a comparison of 4G phone releases by Motorola, HTC, Samsung and LG for Verizon network.

Federal judge allows class action lawsuit against law firm accused of 'sewer service'

A federal judge in New York has okayed a class action lawsuit that accuses Leucadia National Corp., a financial services firm, the debt-collection law firm Mel S. Harris & Associates, and a Brooklyn-based process serving agency Samserv Inc., of a racketeering scheme that allowed them to fraudulently secure default judgments in New York courts against unwitting consumers around the country.

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