COMPANIES

Verizon iPhone 4 available for pre-orders from Feb. 3

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Apple Inc. said its CDMA iPhone 4 will be available for pre-orders from Thursday at Apple stores and Verizon Wireless. Apple said orders will be fulfilled on a first come, first served basis due to strong demand.

Carpetright warns on FY profit after sales fall

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British carpet and floor covering retailer Carpetright Plc said it expects full-year profits to be below last year and below market expectations, citing lower third quarter sales due to adverse weather conditions and fragile consumer confidence.
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Image of a passenger appears on the screen as Transportation Safety Administration employees demonstrate new body scanner software in Arlington, Virginia

U.S. pilots new airport scans after privacy concerns

U.S. aviation security authorities on Tuesday unveiled a new pilot program aimed at quelling an uproar about full-body scanners used to screen air travelers -- the new software will no longer produce an image of the actual person.
DLA Piper

DLA Piper to become Wal-Mart of law firms

DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.
Ssangyong Motor

M&M in final stages of Ssangyong buy

Mahindra & Mahindra inched closer to establish its presence in southeast Asia, with an executive saying the company will make full payment by Feb. 7 for South Korea's Ssangyong Motor buy.

Joblessness, rising prices may fuel unrest: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
 GE to host electric vehicle tour in US

Hawaii region gets its first Nissan Leaf

After a San Francisco Bay Area South Carolina, Seattle and Tennessee resident received the deliveries of all electric Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the Hawaii region.

Barry Manilow drops price of his Malibu Beach house

Barry Manilow, an American singer–songwriter, musician, arranger, producer, conductor, and performer, dropped the price of his Malibu Beach house to $7,991,938 after trying to unload it for nearly two years.

Apple, HTC Remain Top Picks in Wireless Quarter Recap: Analyst

Robert W. Baird said it have complied a brief recap of the initial fourth quarter big-cap wireless winners and losers. In the Smartphones division, the winners are Apple and HTC on strong results and guidance, while the losers are Nokia and Motorola Mobility.

Chalco says plans $1.4 bln share sale in China

Aluminum Corporation of China Ltd (Chalco), the country's largest producer of the light weight metal, said it plans to raise up to 9 billion yuan ($1.37 billion) from a private placement of new shares to be listed in Shanghai.
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Is Diesel engine better than petrol version?

Diesel-engine vehicles are a better value compared to vehicles with gasoline engines because of their lower operating costs and higher resale value over time, according to a new study released by Carnegie Mellon University.

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