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Black's first-week 'Friday' sales not in millions

NASHVILLE - Contrary to several media reports, Rebecca Black is not netting hundreds of thousands of dollars from the more than 33 million YouTube views of her uber-viral video Friday or its digital sales. However, she's not doing bad.

Adobe's Q2 view shaken by Japan quake fallout

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Adobe Systems Inc posted first-quarter profit above Wall Street estimates, but the world's biggest maker of design software cut its second-quarter revenue outlook by $50 million, citing uncertain business environment in Japan following the earthquake.
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UAW's King calls Ford CEO compensation outrageous

United Auto Workers union President Bob King said recent compensation awards for Ford Motor Co Chief Executive Alan Mulally are outrageous at a time when some workers who make Ford vehicles earn $15 per hour.
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Apple's iPad 2 heads abroad after U.S. sellouts

Apple Inc will stick to plans to roll out its newest iPad on Friday to 25 more markets, including France and the United Kingdom, even as it fails to meet the high demand for the gadget in the United States.
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Rajaratnam trial hears Intel leaks admission

A former Intel Corp managing director testified on Tuesday that he shared the chipmaker's secrets with his close friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
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Rajaratnam jury told of Intel deal leaks

An Intel Corp executive testified that confidential details about a big wireless network transaction were leaked before the announcement of the deal, a key transaction in hedge fund founder's Raj Rajaratnam insider trading case.
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U.S. airlines cut capacity to battle high fuel

Major U.S. airlines announced further 2011 capacity cutbacks to cope with the dramatic rise in fuel prices, and Delta Air Lines Inc said higher oil and the effects of the Japanese earthquake will hurt earnings in the current quarter.
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Walgreen warns of government pushback on Medicaid

Walgreen Co said it could face pressure from government agencies pushing back on how much they reimburse for the prescriptions it fills in a slowly recovering economy, and shares of the largest U.S. drugstore chain fell more than 8 percent.
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RIM's PlayBook to take on iPad from April 19

Research In Motion's long-awaited tablet, the BlackBerry PlayBook, will go on sale in North America on April 19 at a base price of $499, matching the pricing for Apple's latest iPad.
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Global voices oppose military intervention in Libya

A chorus of voices from government officials around the world have condemned (or at least questioned) the decision by a handful of western countries (in tandem with some Arab allies) to launch air strikes on military targets in Libya.
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Markets edge lower, but VIX also drops

U.S. stocks edged lower on Tuesday following three days of gains, but further losses may be limited as investors have adapted to a defensive strategy.

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