Epic fail for Qantas Twitter competition
Australia's Qantas Airlines has been left red-faced after an ill-timed public relations campaign and Twitter competition backfired, drawing thousands of angry responses.
U.S. Stock Futures Signal Mixed Open
Stock index futures pointed to a mixed open on Wall Street on Tuesday following the previous session's sharp losses, with futures for the S&P 500 up 0.49 percent, Dow Jones futures up 0.21 percent and Nasdaq 100 futures down 0.17 percent at 0831 GMT.
Katy Perry Back to Host ‘SNL’ with Guest Robyn
By the time anyone bothered to look at the press release NBC put out Monday confirming Katy Perry's guest spot on Saturday Night Live Dec. 10 with musical guest Robyn, a tweet from the California Gurls singer about her not-ready-for-prime-time gig had gotten around pretty quickly.
Regulators Warn BofA to Strengthen: Report
U.S. regulators have informed Bank of America's board that the company could face public enforcement action if they aren't satisfied with recent steps taken to strengthen the bank, The Wall Street Journal said, citing people familiar with the situation.
Short-Seller Report Batters China's Focus Media
Focus Media Holding Ltd , a U.S.-listed Chinese company, said a short-seller's report accusing it of overstating its assets was completely untrue, and it would make a statement refuting the allegations before U.S. markets open on Tuesday.
BofA warned by regulators to get stronger: report
U.S. regulators have informed Bank of America's board that the company could face public enforcement action if they are not satisfied with recent steps taken to strengthen the bank, the Wall Street Journal said, citing people familiar with the situation.
Acer Eyes 20-25% China Sales Growth in 2012
Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.
Acer eyes 20-25 percent China sales growth in
Taiwan's Acer Inc, the world's No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm's head of China operations.
Focus Media Plunges on Muddy Waters Allegations
Shares of prominent Chinese digital media and advertising company Focus Media Holding Ltd plunged as much as 66 percent on Monday, after short-selling firm Muddy Waters accused the company of significant overstatement of the number of screens in its LCD network, among other charges.
Samsung in Talks to Produce Google TV
Samsung Electronics, the world's top TV maker, is in last-stage talks with Google to roll out its Google TVs, the head of Samsung's TV division told reporters on Tuesday.
Samsung says in last-stage talks to launch Google TV
Samsung Electronics, the world's top TV maker, is in last-stage talks with Google to roll out its Google TVs, the head of Samsung's TV division told reporters on Tuesday.
Mitt Romney's dark side: tried cigarettes, beer
Lock up your wives and daughters America: Mitt Romney has a dark side.
Wesley Snipes slapped with suit by American Express
Wesley Snipes won't be leaving home with his American Express card anytime soon -- primarily because he's currently sitting in the slammer -- and that's probably a good thing.
Teen pleads guilty to murder charge in slaying of gay student
A California teen pleaded guilty on Monday to second-degree murder for shooting to death a 15-year-old gay classmate at his middle school who he said made unwanted sexual advances.
Netflix Raises $400 Million in Shares, Debt
Video rental company Netflix Inc said late on Monday that it raised $400 million in fresh capital by selling convertible debt to long-time backer Technology Crossover Ventures and stock to funds managed by T. Rowe Price.
Lady Gaga’s Father Receives Half of Her Money
Lady Gaga might've written a love song called Paparazzi, but her true love is apparently her real-life papa, who the New York Post reported Sunday receives half of the pop icon's earnings. For as good a relationship as Joe Germanotta's had with his daughter, one source remarked that all that dough she raked in for scoring hits like Born This Way did nothing to hurt it.
Samsung in last-stage talks to launch Google TV: president
Samsung Electronics, the world's top TV maker, is in last-stage talks with Google to roll out Google TV, the head of Samsung's TV division told reporters on Tuesday.
Fed's Lockhart: prefer language change to bond buys
A top Federal Reserve official said on Monday that given recent improvements in the U.S. economy, any further central bank actions to boost growth should be through clearer communications about policy, rather than expanded bond buying.
Netflix to sell convertible debt to raise capital
Video rental company Netflix Inc said late on Monday that it agreed to sell $200 million of convertible debt to long-time backer Technology Crossover Ventures to raise new capital.
HP seeks stability in 2012 after rocky year
Hewlett-Packard Co will ramp up spending on research, sales and turning around its flagging services arm in 2012, after its fourth-quarter profit fell nearly 91 percent on weak computer sales.
Greenberg Sues U.S. for $25 billion over AIG Takeover
A company run by former American International Group Inc Chief Executive Maurice Hank Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional.
Gilead bets $11 billion on hepatitis in Pharmasset deal
Gilead Sciences Inc struck a deal to buy biotechnology company Pharmasset Inc for about $11 billion in a huge and risky bet on the next generation of hepatitis C treatments.
Instant view: HP's Q4 beats Street view, shares bounce
Hewlett-Packard's quarterly results beat Wall Street's expectations, while a weak 2012 earnings forecast underscores how the technology giant is heading into a choppy year.
Fed's Lockhart says communications tweaks conceivable
The Federal Reserve could provide more clarity to the public about where policy is likely to go and how it might respond to various conditions, a top Fed official said on Monday.
Panel rules Apple does not infringe S3 patents
Apple Inc does not violate patents owned by S3 Graphics Co, the International Trade Commission said on Monday in the latest ruling in the smartphone patent wars.
Sell-off runs into fourth day on Europe, U.S. debt worries
U.S. stocks fell for a fourth session on Monday, as the lack of progress in dealing with heavy debt both in the United States and Europe further sapped investor confidence in equities.
Netflix to sell $200 million notes to PE Firm; shares down
Netflix Inc said it agreed to sell $200 million worth of convertible debt to private equity firm Technology Crossover Ventures .
Goldman CEO, CFO may face Gupta insider testimony
Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein and Chief Financial Officer David Viniar could be asked to testify in former board member Rajat Gupta's civil insider-trading case, according to court documents.
AT&T investigates security breach attempt
AT&T Inc, the No. 2 U.S. mobile provider, said it is investigating an organized and systemic attempt to access wireless customers' information but that it did not believe any accounts were breached.
Pharmasset buyout bid may be options bonanza for some
Some lucky options players appeared to have placed well-timed bullish bets in biotechnology company Pharmasset Inc's calls before Gilead Sciences unveiled an $11 billion takeover bid on Monday.