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Market up slightly after week's sharp gains

Stock index futures were slightly higher on Monday before factory orders data and as traders returned from a long holiday weekend after the S&P 500's extended winning streak last week.

NY prosecutors to drop charges against Strauss-Kahn in humiliating U-turn

In a stunning reversal of fortunes, Dominique Strauss-Kahn will most likely walk free and vindicated as US prosecutors will drop sexual assault charges against him. Weeks after hurriedly taking the towering figure in French politics, the State's law enforcement will have to make a humiliating U-turn in the case. The logical question is, shouldn’t they have done it initially, and got their facts first before jumping into conclusions.

Can iPhone 5 handle upcoming future Samsung Galaxy Skin Smartphone?

Samsung Galaxy Skin verses iPhone 5

Shares stabilize; euro off 1-month high

World stocks steadied below a recent 4-1/2 month high on Tuesday while the euro fell as worries about further monetary tightening in China and caution over the euro zone and U.S. economic outlook made investors hesitant.

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Families of U.S. servicemen and women attend an Independence Day barbeque at the White House in Washington

Independence Day: President Praises Troops at Fourth of July Barbecue (PHOTOS)

U.S. President Barack Obama thanked the US military service members during a barbecue on the South Lawn of the White House in Washington as the nation celebrated its independence on July 4th, with a national holiday.

A promotional poster for Transformers: Dark of Moon.

'Transformers: Dark of the Moon' Sparks Independence Day Fireworks

Transformers: Dark of the Moon, which began its assault last Tuesday night, smashed its way through box office records by Monday with global ticket sales nearing $400 million.

Equities settle after recent rally; Aussie dips

Asian stocks steadied near one-month highs on Tuesday as market players took a breather after five consecutive days of gains while the Australian dollar dipped ahead of a policy meeting of the country's central bank where it may signal a dovish stance.

Apple frets as Samsung Galaxy S2, iPhone 5-sinking marvel, about to arrive in US

Galaxy S 2 symbolizes the iPhone 5-sinking firepower of the new generation Android smartphones. It also displays the stable strength of Samsung, which is increasingly getting vocal in its fight against Apple within and outside the court.

Asia stocks pause after 5-day rally

Asian stocks were steady near one-month highs on Tuesday as market players took a breather after five consecutive days of gains while the Australian dollar slipped ahead of a policy meeting of the country's central bank.

Director Michael Bay points before the premiere of ''Transformers: Dark of the Moon'' at the opening of the Moscow International Film Festival in Moscow June 23, 2011.

Transformers 3: Dark of the Moon conquers box office, brings in $116.4 million in four days

“Transformers: Dark of the Moon” pulled in $116.4 million from the U.S. at the box office already, defeating its competitors this weekend.

Supporters of the religious and political party Jamaat-e-Islami take part in a protest rally against U.S. citizen

Pakistan Conservatives Condemn Gay Rights Event At US Embassy

Conservative religious activists in Pakistan have condemned and protested a gay rights event last week sponsored by the US embassy in Islamabad.

Hackers Claim Attack on NATO Server, Reason is Nuclear Weapons, Its Development and Financing

On Monday, Team Inj3ct0r (1337day) claimed to hack Apache Tomcat Version 5.5.9 of the North Atlantic Treaty Organization (NATO), reported the Hacker News.

Unemployed worker Pollock carries a sign outside Cobo Center to demonstrate for jobs and good wages before start of press days at North American International Auto show in Detroit, Michigan

Detroit's dilemma: How to share gains with UAW

Over the past two years, Ford Motor Co has roared back from the brink of failure, won accolades for its gains in quality, posted its highest profits in a decade and rewarded patient investors with a 14-fold increase in its share price.

Visitors try out new games on Microsoft's Xbox 360 console at Tokyo Game Show in Chiba, east of Tokyo

Report: Video Game Expected To Recover Next Year

A recent report says while spending on video games is down this year, it will recover next year.

EU sees delays in derivatives, short-selling rules

European Union rules to tighten derivatives rules won't be agreed until at least the early autumn, as a global crackdown on the opaque sector faces delays on both sides of the Atlantic.

World stocks at 4.5 week high, risk back in favor

World stocks hit a 4-1/2 week high on Monday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China's growth.

9 Reasons for Higher Treasury Yields

Since June 15, there has been a significant rise in Treasury yields. Below we present several reasons for the spike and why we think that interest rates will continue to move higher.

Google Doodle celebrates 2011 American Independence Day

On Fourth of July Google Doodle wishes Americans Happy Independence Day

Google Doodle celebrated the Fourth of July – the Independence Day of America, by portraying a colorful map of United States of America with monumental and iconic figures across the country.

Job cuts at major banks intensify: IFR

- Hundreds of bankers will lose their jobs over coming weeks, victims of what senior bosses say is likely to be an industry-wide culling of staff in response to a sharp downturn in demand for trading and investment banking services.

Stocks at 4.5 week high, risk back in favour

Baidu picks Microsoft for English search

China's Baidu is to partner with Microsoft for English-language search, giving the U.S. software giant a chance to expand its tiny Web presence in a market Google has stepped back from, and helping the Chinese company's international ambitions.

Anonymous hacker group hits Apple, publishes data

The Internet vigilante hacker group Anonymous claimed to have broken into an Apple Inc server and published a small number of usernames and passwords for one of the U.S. technology company's websites.

Samsung Galaxy S2 Breaks Through Globally with 3 Million Units Sold

Samsung's flagship Smartphone, the Samsung GALAXY S II, has reached a milestone in sales with carrier partners around the world, attaining global channel sales of 3 million units.

New app checks out the bar scene in advance

A new app aims to maximize the chances of meeting a member of the opposite sex by using facial recognition technology to show how many men and women there are in any given bar.

'Transformers: Dark of the Moon' overseas revenue outstrips domestic collections

Transformers: Dark of the Moon, which began its assault Tuesday night, already grossed more than the cost of the movie. However, the Michael Bay movie was a big hit abroad than in the U.S. and Canada.

Hackers break into Fox News Twitter account, post President Obama death hoax

In another stunning act of hacking, a group thought to be an offshoot of the Anonymous broke into Fox News Twitter account and tweeted that President Obama was killed.

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