Samsung Electronics Co. and Google Inc. has announced the Galaxy Nexus, a new smartphone that's running a new Android operating system called the Ice Cream Sandwich. Google's Ice Cream Sandwich a mobile software than can run on both tablet computers and smartphones.
A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.
U.S. stocks resumed their rally after hopes of a big bailout for the Eurozone were rekindled.
Moody's Investors Service on Tuesday cut Spain's sovereign ratings by two notches, saying high levels of debt in the banking and corporate sectors leave the country vulnerable to funding stress.
Britain's Guardian newspaper reported on Tuesday that France and Germany had agreed to boost a euro zone financial rescue fund to two trillion euros ($2.76 trillion), pushing U.S. stocks and the euro higher despite doubts about whether there was such an agreement.
U.S. stocks soared on upbeat earnings from big banks and a report that Germany and France will endorse a gigantic bailout package for the Eurozone.
U.S. wholesale prices rose at their fastest pace in five months in September as the cost of gasoline surged, but a small gain in core prices suggested the price pressure was unlikely to be sustained.
France and Germany have agreed to boost a euro zone financial rescue fund to two trillion euros ($2.76 trillion), part of a plan to resolve the bloc's debt crisis that should win support at Sunday's EU crisis summit, Britain's Guardian newspaper said on Tuesday.
Stocks surged late in trading on Tuesday as buyers latched onto another report of agreements to strengthen the euro zone's rescue fund to bid up stocks aggressively.
France and Germany have agreed to boost a euro zone financial rescue fund to two trillion euros ($2.76 trillion) as part of a plan to resolve the bloc's debt crisis that should win support at Sunday's EU crisis summit, Britain's Guardian newspaper said on Tuesday.
Europe's highest court has ruled that scientists can't patent embryonic stem cell techniques for research. Scientists call the move devastating, but Christian and moral rights groups hail it as a victory against the commercialization of the human body. The case was triggered when German Greenpeace charged Dr. Oliver Bruestle with violating public order and morality.
Adbusters, the left-leaning magazine that ignited the Occupy Wall Street protests, said the movement should get behind one solid demand -- a 1 percent Robin Hood tax on financial transactions and currency trades.
U.S. stocks extended their gains on news that German and French leaders agreed to expand the powers of the European Financial Stability Facility (EFSF) to two trillion euros.
The leaders of the most powerful nations in Europe, France and Germany, have reportedly agreed to increase the size of the Eurozone’s rescue fund to 2 trillion euros ($2.7 trillion) – up from the current 440 billion euro ($604 billion) lending capability -- as part of comprehensive program to find a solution to the debt crisis wreaking havoc across Europe.
China-born researcher Kexue Huang pleads guilty to economic espionage, stealing trade secrets during employment at Dow AgroSciences, Cargill
Germany's Angela Merkel expects European leaders to produce a work plan for Greece at a summit on Sunday, possibly including a permanent mission of international lenders to monitor its debts, sources from her party quoted her as saying on Tuesday.
Apple Inc.'s projection of selling 25 million iPhones by the end of 2011 lends credence from the registered sales of 4 million units of iPhone 4S during the opening weekend.
Gold was set for its largest one-day fall in two weeks on Tuesday after U.S. bank Goldman Sachs reported a quarterly loss, which coupled with evidence of slowing Chinese growth and mounting Eurozone concerns, lifted the dollar.
Wall Street stocks fell on Tuesday after a Moody's warning about France's credit rating added to worries about Europe and mixed earnings from some big corporations.
Wall Street stocks fell on Tuesday after a Moody's warning about France's credit rating added to worries about Europe and mixed earnings from some big corporations.
Moody's decision to review France's triple-A credit rating cast new doubt on Tuesday on Europe's hopes of drawing a line under its sovereign debt crisis, five days before a crucial EU summit.
S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.
