Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops.
U.S. stocks were lower in mid-day trading on Thursday as technology stocks led the declines.
(Corrects quote in paragraph 5 to clarify Barry Ritholtz said Obama's speech could be a relief to some traders, not that he finds it a relief.)
President Barack Obama's job-creation program could produce a short-term political boost, but it's unlikely to significantly stem job losses and reduce the unemployment rate anytime soon, according to economists.
After spending most of his first year in office focused on Wall Street, President Obama tried to reconnect with disenchanted Main Street voters in his first State of the Union address.
U.S. stocks slid further on Thursday, sending the Nasdaq index down more than 2 percent, as the appetite for riskier assets ebbed and materials and technology shares slumped.
Global investors cut back on equities in January in the face of worries about the economy, potentially tighter monetary policy and in reaction to last year's stellar gains.
Search-engine company Startpage launched a service allowing users concerned about privacy to carry out Web searches and click on linked pages without being identified, tracked or recorded.
High-level targets around the world is constantly being bombarded by cyber-attacks, according to new research, highlighting the vulnerability of critical infrastructure in this globally connected era.
U.S. President Barack Obama pushed job creation to the top of his agenda and vowed not to abandon his struggling healthcare overhaul after a political setback that raised doubts about his leadership.
New orders for long-lasting U.S. manufactured goods edged higher last month and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a steady recovery path.
Sales of newly built single-family homes fell unexpectedly in December as the bounce from an initial tax credit fizzled, the latest sign that the government-led housing recovery might be losing some steam.
Ford Motor Co reported 2009 earnings of $2.7 billion on Thursday, its first full-year profit since 2005, and said it expects a 2010 profit amid market share gains and a slow U.S. auto sales recovery.
U.S. stocks fell on Thursday after weaker-than-expected data on durable goods and jobless claims fueled uncertainty about the economy's recovery, and outlooks from Motorola and Qualcomm hit tech shares.
Toyota Motor Corp. announced further model recalls on Thursday, saying that it would spread to China and Europe after faulty accelerator pedal problems were reported.
Toyota Motor Corp extended its safety recall of millions of its most popular cars to Europe and China on Thursday in a further blow to the reputation of the world's largest auto maker.
Toyota Motor Corp is extending to Europe the recall of millions of its most popular cars due to dangerous accelerator pedals, a further blow to the reputation of the world's largest car maker.
New models from Nokia and Motorola Inc helped them recapture market share in the lucrative smartphone sector, lifting both firms' results above expectations for the fourth quarter.
New orders for long-lasting U.S. manufactured goods rose last month and the number of workers filing applications for unemployment aid fell last week, indicating the economy remains on a steady recovery path.
Brazilian mining company Vale said on Wednesday that it would pay $3.8 billion to buy Bunge Ltd's fertilizer assets in Brazil, as global demand for potash is boosted by growing food consumption.
Students at one of America's top business schools see evidence that high-technology, startup and alternative energy companies will hire more actively this year after a difficult 2009 for graduates.
U.S. stock index futures were higher on Thursday in the wake of President Barack Obama's State of the Union speech, which had no new plans to tighten Wall Street oversight, and after strong results from Procter & Gamble and Ford.