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Facebook Introduces 'Frictionless' Mobile Payments With Bango

Facebook Inc. (Nasdaq: FB) is joining other major tech and e-commerce companies like Apple, Inc. (Nasdaq: AAPL) and eBay Inc. (Nasdaq: EBAY) in the run to revolutionize mobile payments for a new generation of smartphone-friendly users. Adding to its recent unveiling of a new-and-improved advertising system, the struggling tech company announced a streamlined mobile payment system that it hopes will help monetize a greater percentage of its user-base.

Apple: iPhone 5 Sales Top 5 Million Units In First Weekend Of Release

Despite the recent efforts from competitors like Samsung and Motorola to denigrate the all-new iPhone 5, customers have lined up to purchase Apple’s latest smartphone in record numbers. Since its release last Friday, the iPhone 5 sold more than five million units in its first weekend available. The Cupertino, Calif.-based computer company announced the news in a press release early Monday morning. Apple: iPhone 5 Sales Top 5 Million Units In First Weekend Of Release
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Deutsche Bank Headquarters In Frankfurt

Layoff Rumors Swirl Around Deutsche Bank

Deutsche Bank is reportedly set to fire more than 500 employees in Germany, various financial media outlets reported Friday, but the Frankfurt-based bank is denying the reports.
Traders work on the floor of the New York Stock Exchange on May 1, 2012.

Stimulus Optimism Lifts US Stock Futures

The U.S. stock index futures point to a higher open Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to rejuvenate global economic growth momentum.
iPhone 5 Release Date Sees Launch Of 5 New Apple Stores Around The Globe

iPhone 5 Release Date Sees Launch Of 5 New Apple Stores Around The Globe

To celebrate the release date of the all-new iPhone 5 this Friday, Apple will also open five brand-new retail stores that very day in five different countries, including cities in Spain, France, Italy, and Germany. Apple will begin selling the iPhone 5 at 8 a.m. sharp local time in all 390 of its worldwide stores, but five of those stores will be opening their doors for the very first time. Here's a little bit about each of the five Apple Stores set to open later this week. iPhone 5 Release D...
Ford Motor Co.'s Emblem

Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

Apple iPhone 5 Preorders Hit 2M, Shares Touch $700

Apple Inc booked orders for over two million iPhone 5 models in the first 24 hours, reflecting a higher-than-expected demand for the consumer device giant's new smartphone and setting it up for a strong holiday quarter.
US Housing Starts

Fed Speakers, Housing Data, Manufacturing PMI: Economic Events For Sept. 17-21

The continued weakness of the global economy will probably leave the two regional manufacturing PMI (Empire State and Philly Fed) and the national Markit PMI at low levels in September. Meanwhile, economists expect August?s data on housing starts and existing home sales to show that the housing recovery remains intact.
Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]

Apple iPhone 5 Pre-Orders Delayed Two Weeks From Release Date: Is Online Ordering Worth The Price Of Waiting?

One hour after pre-orders for the new iPhone 5 went live on Apple's website Friday morning, shipping estimates from the online Apple Store have already been delayed to two weeks for customers in the US, UK, Germany, Canada and Australia. Currently, any new iPhone 5 purchases will likely be shipped and delivered two weeks after the iPhone 5's actual release date on Sept. 21, by Friday, Oct. 5.

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