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Asian Shares Drop, But Euro Holds On ECB Hopes

Asian shares fell Wednesday morning after recent rally, but the euro held near a seven-week high on hopes the European Central Bank will act to rein in surging euro zone borrowing costs and policymakers will find ways to keep Greece on lifelines.
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RIP Nintendo Power Magazine: 1988-2012

RIP Nintendo Power Magazine: 1988-2012

One of the longest-running printed video game magazines in the U.S. in Canada, Nintendo Power magazine will finally close its doors after a 24-year run. Nintendo Power is dead. Long live Nintendo Power.
iPad-like devices, smartphones spur NAND flash market to record sales

IBM Buys Texas Memory To Battle Intel-Micron Flash JV

International Business Machines Corp. (NYSE: IBM), the no. 2 computer maker that?s also one of the biggest chipmakers, said it plans to acquire private Texas Memory Systems to bolster its offerings in the flash-memory sector crucial for new servers and mobile products.
Beverly Hilton hotel

Travel Websites, Hotels Accused Of Price-Fixing

A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.
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Akin Remarks Illuminate Paul Ryan's Abortion Views

The Romney campaign has disavowed Rep. Todd Akin's controversial statement that women's bodies can terminate pregnancies caused by rape, but Mitt Romney's newly minted running mate has often aligned with Akin's positions on abortion.
People enter and leave Groupon Inc corporate office and headquarters in Chicago

Barclays Downgrade Extends Groupon's Woes

The daily deals website Groupon Inc. (Nasdaq: GRPN) suffered another blow Tuesday as Barclays Capital (London: BARC) downgraded the company, citing a move towards lower margin sales.
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Ethiopian Prime Minister Meles Zenawi Dies At 57

Meles Zenawi, the influential prime minister of Ethiopia died Monday at the age of 57 from an undisclosed illness ending weeks of speculation about his health, the Ethiopian state television announced Tuesday.
An investor gestures as he talks to a person in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Rise As Stimulus Hopes Prevail

Most of the Asian markets rose Tuesday as investors maintained hopes about monetary easing measures from policymakers around the world to tackle the weakening of the global economic growth.

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