Eli Lilly Earnings Fall 5% to $1.24 Billion on Higher Expenses
The drug maker recorded strong revenue but warned that pending availability of generics will hit at sales of Zyprexa, Cymbalta and Evista, which together accounted for 41 percent of third-quarter sales.
Gaming Shootout: iPhone 4S vs. Galaxy Nexus
We compare the iPhone 4S to Samsung's Galaxy Nexus and what it means for mobile gaming.
Hallmark's Expanded 'Star Wars' Offerings, Convention Exclusives Prove a Hit with Collectors
While it may seem incredible that Hallmark items are becoming the hottest Star Wars collectibles at many conventions, when IBTimes sat down with Christine Taylor, license creative account manager for Hallmark's License Design Studio, it became clearer that the company's passion for the items it's offering these days -- which have expanded far beyond ornaments -- runs deep.
MIT Researchers Developing Radar that Sees Through Walls
MIT scientists are developing a radar area that lets them "see" through walls.
Sprint Announces $99 EVO Design 4G, Available October 23
HTC is expanding its line of EVO devices. Together with Sprint, the mobile maker announced the HTC Evo 4G Design today, available October 23 for a modest $99.99 price tag (after a $50 mail-in rebate).
HTC EVO Design 4G to Hit Stores on Oct 23 for $99
Sprint Nextel has announced the HTC EVO Design 4G and it will hit retail stores on October 23 for $99.99, with a new two-year contract and after a $50 mail-in rebate.
The phone is smaller and less powerful than last year's HTC EVO 4G, though it has the same price.
New OmniTouch System Transforms Any Surface Into A Touchscreen
Researchers at Microsoft Research and Carnegie Mellon University have produced a wearable touch screen sensor system that can transform virtually any surface into a manipulable interface.
Is Google Ice Cream Sandwich OS Better than iOS 5?
We compare Google's latest mobile OS offering against Apple's newly released iOS 5.
Samsung Unleashes Galaxy Nexus: Should iPhone 4S be Afraid?
With the new features and Android 4.0 announced on Samsung's Galaxy Nexus, should Apple be worried?
AT&T revenue misses Street expectations
AT&T Inc's quarterly revenue fell short of Wall Street estimates, as wireless customers spent less than expected in the quarter ahead of the latest Apple Inc iPhone launch, sending its shares down 2.5 percent in early trade.
Hedge fund SAC Capital faces SEC probe: report
The Securities and Exchange Commission is examining whether hedge fund SAC Capital Advisors used insider information to profit from Johnson & Johnson's takeover of Cougar Biotechnology Inc in 2009, the Wall Street Journal said, citing people familiar with the matter.
U.S. misery index rises to highest since 1983
An unofficial gauge of human misery in the United States rose last month to a 28-year high as Americans struggled with rising inflation and high unemployment.
Jobless Claims Fall, 4-Week Average at 6-Month Low
New claims for unemployment benefits fell last week and a gauge of labor market trends hit a six-month low, a government report showed on Thursday, pointing to an improvement in the jobs market.
Stock futures edge higher; euro bailout fund eyed
Stock index futures rose on Thursday as investors looking for an earnings season rally maintained interest in the market after a sharp fall the previous session, but concerns over Europe's debt crisis capped gains.
Watchdogs to keep closer eye on ultra-fast trading
Global regulators published guidelines on Thursday to better monitor automated transactions while saying there was little hard evidence to justify reining in high-frequency trading.
Microsoft to launch Mango smartphones with Nokia, Samsung soon
Microsoft Corp, which has been trailing Apple Inc and Google Inc in the fast-growing smartphone market, said it will launch Mango-powered handsets from top makers including Nokia Oyj, Samsung Electronics Co Ltd and HTC Corp in coming weeks.
Euro zone wrangling batters stocks
LONDON - Doubts about the euro zone's ability to come up with a comprehensive plan to solve its debt crisis hammered equity markets and hit the euro on Thursday, underlining investor impatience with political wrangling.
AT&T 3Q Revenue Misses Street Expectations
AT&T Inc. posted quarterly revenue that was below Wall Street expectations, as subscriber growth fell slightly short of estimates.
AT&T Q3 revenue misses Street expectations
AT&T Inc posted quarterly revenue that was below Wall Street expectations, as subscriber growth fell slightly short of estimates.
Is iPhone 4S a 'Half-Baked' Device? Galaxy S2 Wins Drop Test
A lot has been written about the red hot battle between smartphone giants Samsung Galaxy S2 and iPhone 4S. Analysts and tech observers dissected specs and compared features, but there was no consensus. However, the battle of wits took a turn when two were dragged to a brutal, unforgiving drop test. And hold your breath, Samsung Galaxy S2 took the prize for being sturdy.
Beijing leaps to defense of Great Firewall of China
China defended its right to censor the Internet on Thursday, saying it was necessary to safeguard the public after the United States pressed China to explain online curbs on U.S. companies.
Analysis: Arab Spring slows, won't stop economic reforms
When Jordanian security personnel surrounded the central bank last month to oust the governor after a dispute over policy, the incident showed how the Arab Spring is threatening economic reforms across the region.
Nokia posts surprise profit on basic phones
The world's largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits, boosted by strong sales of basic cellphone models.
Is Herman Cain's '9-9-9' Plan Like Steve Forbes' 1996 Flat Tax?
Yogi Berra is right: It's déjà vu all over again with respect to Republican flat tax proposals -- Herman Cain's 9-9-9 plan bears striking similarities to an ill-fated proposal made by Republican presidential candidate Steve Forbes in 1996.
Stock index futures seen higher
Stock index futures pointed to a higher open on Wall Street on Thursday after a guidelines document said the European rescue fund will be able to buy bonds on the secondary market.
Soft PC Sales Likely to Hold Back Microsoft Profit
Microsoft Corp. looks set to report flat or lower demand for its flagship Windows product on Thursday, a victim of limp personal computer sales, casting a shadow over otherwise strong earnings in a troubled global economy.
IMF's Doubts, Franco-German Split Shadow Eurozone Rescue Plans
A split between the International Monetary Fund and the European Union is threatening to delay Greece's next aid payment in another blow to European efforts to stem the debt crisis.
Euro zone rescue plans shrouded in doubt
A split between the International Monetary Fund and the European Union is threatening to delay Greece's next aid payment in another blow to European efforts to stem the debt crisis.
Schneider cuts 2011 margin target, keeps sales goal
French industrial group Schneider Electric cut margin guidance for 2011 and reiterated its sales growth outlook, when reporting third-quarter sales rose 7.7 percent.
Asia's growth to slow, no China crash seen: Reuters poll
China's economic growth will probably cool next year to the lowest annual rate in a decade, setting the pace for an Asia-wide slowdown as global demand fades, a Reuters poll released on Thursday showed.