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iPhone 5

iPhone 5 Release Date Fall Debut: What New Features to Expect?

Apple’s next generation iPhone is in the news again, and this time, the rumor is all about the release date. According to Macotakara, a Japanese blog, the next generation iPhone, which is likely to be called the iPhone 5, is expected to be released sometime in October 2012, which is not in line with Apple’s traditional release date of the iPhone.

MWC 2012: What’s in Store?

Lumia 900
The Mobile World Congress (MWC) will kick off in Barcelona Sunday and the fans would finally have the list of the best 2012 wireless devices in hand.
A European Union flag is seen in front of the Parthenon temple in Athens

Euro Zone Decision on Bailout Funds' Size Likely to be Delayed

Leaders in the euro zone may not be able to meet international demands to bolster their own funds for bailing out the bloc's debtors when they meet next week because Germany is showing no sign of dropping its opposition to the plan, officials in the euro zone said.
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U.S. Secretary of State Hillary Clinton and World Bank President Robert Zoelick take part in a ceremony marking World Water Day at World Bank Headquarters in Washington, March 22, 2011.

U.S. Should Lead Some Global Bodies: World Bank Chief

A solid U.S. candidate to head the World Bank would be good for the United States and the bank because the world's largest economy should be represented in top international bodies, outgoing President Robert Zoellick said on Saturday, while emphasizing he has no role in the selection process.
US Economy

S&P 500 Rises to Highest Level Since 2008

The Standard & Poor's 500-stock index closed Friday at its highest level since June 2008 as a result of the rise of the U.S. stocks subsequent to increasing confidence on revival of economic situation with the approval of the Greece bailout package.
Secretary-General of the Organization for Economic Cooperation and Development (OECD) Angel Gurria (L) speaks next to Mexican Finance Minister Jose Antonio Meade, on the sidelines of the meeting of finance ministers and central bank governors of the group

G-20 Deal on Euro Zone Will Not be Reached This Weekend

World economic powers at a Group of 20 gathering in Mexico City told Europe on Friday it would have to do more to fight its financial crisis before they agree to provide backup in the form of a bigger International Monetary Fund war chest.
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Scott Brown, Elizabeth Warren Contraceptive Op-Ed: What Are Key Points?

Massachusetts Senator Scott Brown and his Democratic challenger Elizabeth Warren both published op-eds in the Boston Globe Friday, contrasting each other's views on the Obama administration's federal mandate regarding health care coverage for contraception and a bill designed to circumvent it.
Syria Protest

Evacuations from Homs Begin; Arabs Press for Action

The first wounded and sick women trapped in the most embattled district of the Syrian city of Homs have been evacuated, and talks were held to evacuate more Saturday, while pressure mounted on President Bashar al-Assad's government to call a ceasefire and let in humanitarian aid.
Xie, a lawyer representing Proview Technology (Shenzhen), speaks to reporters in front of the Shanghai Pudong New Area People's Court

Apple's Tactics in China iPad Deal Unusual, Legal Experts Say

Proview Electronics, the firm trying to stop Apple Inc from using the iPad name in China, has a plausible claim over the unusual methods Apple used to conceal its identity when attempting to acquire Proview's trademarks, according to several legal experts.
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SEC's Paredes calls for new Volcker rule draft

U.S. regulators should scrap a proposal on the Volcker rule that curbs banks' speculative bets, and work on a fresh one that does not threaten the health of markets, a member of the U.S. Securities and Exchange Commission said on Friday.
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January Business Borrowing up from Year Ago

Borrowing by U.S. companies to buy equipment jumped in January from a year ago, though it slid from December's rush to close loans before year-end, and credit quality improved to pre-recession levels, the Equipment Leasing and Finance Association said on Friday.
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S&P 500 Posts Highest Close in Nearly 4 Years

The S&P 500 rose on Friday to close at the highest level since before the collapse of Lehman Brothers in 2008, continuing a pattern of steady gains on signs of U.S. economic recovery.
Chelsea Clinton

Chelsea Clinton Extending NBC Contract

Having a former President for a father and the current Secretary of State for a mother has gotten Chelsea Clinton far in life. According to Fox News, Clinton plans to extend her contract with NBC News to work on special segments for the shows Rock Center and Nightly News, despite negative feedback from viewers and fellow journalists.
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Appeals panel assesses Porsche-VW short squeeze

Federal appeals judges on Friday honed in on whether a U.S. Supreme Court ruling limiting securities fraud lawsuits barred a $2 billion case by hedge funds accusing German automaker Porsche SE of fraudulently cornering the market in Volkswagen AG shares in 2008.

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