Sony nears buying out Ericsson from venture: report
OCT 6 - Sony Corp is nearing a deal to buy out Telefon AB LM Ericsson's stake in their 50:50 smartphone joint venture, the Wall Street Journal reported on Thursday citing people familiar with the matter.
Wall Street rises for third day but downtrend intact
Stocks rose on Thursday after the European Central Bank launched fresh liquidity measures to help banks weather the euro zone's debt crisis, easing one of the major concerns overhanging markets.
Europe flounders, Russia ready for new crisis: Putin
Russian Prime Minister Vladimir Putin, preparing for a return to the Kremlin, urged Europe on Thursday to deal resolutely with its sovereign debt crisis and said Moscow was better prepared to cope than it was before the global crash of 2008.
Jobs death prompts grief at Apple stores in U.S., elsewhere
Apple fans from New York to Australia gathered to mourn the death of Steve Jobs, leaving Apple products, bouquets and heartfelt messages in tribute to the man who transformed the computing, music and phone industries.
Listeria Outbreak: Iowa Woman Links Her Miscarriage to Tainted Cantaloupe
Iowa health officials told reporters Wednesday that a pregnant woman suffered a miscarriage after eating cantaloupe containing listeria, a rare yet serious food-borne bacteria-caused illness that arose in early September.
World mourns Steve Jobs; Apple shares edge higher
Outpourings of public grief and appreciation swept the globe on Thursday after the death of Apple (AAPL.O) co-founder Steve Jobs.
Palin’s 2012 plan: help others defeat Obama
“I apologize to those whom are disappointed in this decision… But I believe that they, when they take a step back, will understand why the decision was made and understand that really you don’t need a title to make a difference in this country,” Sarah Palin said on Fox New after closing the door to a 2012 presidential campaign.
Jobs was a manufacturer, and salesman, of love
One day in 1991, when I was working as the Silicon Valley correspondent for the Los Angeles Times, I picked up the phone at my girlfriend’s apartment and was greeted by a soft, friendly voice: “Hey Jonathan, it’s Steve. Steve Jobs.” He wanted something from me — I don’t remember what — and he couldn’t have been nicer.
X Factor retains big audiences as Fox wins ratings night
ABC's Modern Family took the evening's top ratings on Wednesday, while Fox grabbed an overall win for the night based largely on the strength of The X Factor, according to preliminary numbers.
U.S. facing slow growth, not recession, CEOs say
The U.S. economy is not slipping back into recession but will face a long, slow recovery as political gridlock in Washington and Europe make businesses wary of investing, according to General Electric Co's Jeff Immelt and other top executives.
Jobless claims hint at labor market improvement
New claims for unemployment benefits rose modestly last week but hovered near levels normally associated with improving labor market conditions, a hopeful sign for the struggling economy.
Free Agents canceled by NBC
NBC has canceled the Hank Azaria comedy Free Agents, an individual familiar with the series confirms to TheWrap.
Conan Returns to NBC and Jimmy Fallon's Set to Retrieve Triumph
Conan O'Brien popped into his old stomping grounds, Jimmy Fallon's Late Night studio, on Wednesday night, and he wasn't just there to say hello.
Fed's Fisher sympathetic to Wall St protesters
The growing anti-Wall Street protests in New York and across the country are an understandable reaction to persistently high unemployment, a top U.S. Federal Reserve official said on Thursday.
Ovitz booted from IMG board: sources
Michael Ovitz has left the board of the sports talent agency IMG, TheWrap has learned.
Even Hugh Jackman can't save clanky Real Steel
Cross watered down versions of Rocky with Terminator 2 and Transformers and you get Real Steel, a clanking yarn about a man, a boy and their boxing robot.
Jackson tribute show goes on despite setbacks
A Michael Jackson tribute concert will go ahead this weekend in Wales despite squabbling among the late singer's siblings, a backlash from fans, a headline act withdrawing at late notice and tickets still unsold.
Conrad Murray Trial, Day 8: Doc Who Ruled Death a Homicide Could Testify (Live Feed)
The doctor who performed Michael Jackson's autopsy and ruled his death a homicide, Dr. Christopher Rogers, is among the potential witnesses in the eighth day of the Conrad Murray involuntary manslaughter trial today.
Dirty Girl Juno Temple charms Hollywood
British starlet Juno Temple looks set to become Hollywood's hot new export, with four upcoming films set to hit theaters in the next year, including blockbusters The Three Musketeers and The Dark Knight Rises.
Egypt Air Traffic Controllers' Protest Leaves Passengers Stranded
Air Traffic Controllers at Cairo airport are causing major slowdowns in protest of promised pay.
Astronaut pays tribute to visionary Steve Jobs
News of the death of Apple's iconic leader, Steve Jobs, made it to the International Space Station, where a trio of astronauts are living, working -- and listening to music on iPods.
Steve Jobs Dead: 5 Ways His Legacy Changed the World
Steve Jobs is dead, but his legacy will live on for decades to come. Here are the top 5 ways his work changed the world.
Steve Jobs, not just a geek but a god for designers
Even before he died, Steve Jobs had secured his place in the pantheon of industrial design as one of its most influential figures of the last century.
Steve Jobs biography pushed up for release
The release date for a Steve Jobs biography has been pushed up to October 24, according to a spokesman for Simon & Schuster, the publishing house behind the long-awaited book.
Retailers ring up solid September, holidays loom
Brisk back-to-school shopping benefited many U.S. retailers in September, with strong sales growth at chains from Kohl's Corp to Nordstrom Inc suggesting optimism for the holiday season.
EU crisis poses risk to global recovery: Geithner
Europe's worsening debt crisis could significantly damage the U.S. economy, Treasury Secretary Timothy Geithner warned on Thursday as he urged Europe to shore up its bailout fund.
30-year Fixed Mortgage Rate at New Lows
The average 30-year fixed mortgage rate fell below 4 percent for the first time in history to 3.94 percent.
Obama chides banks, taps anger over Wall St
President Barack Obama launched a broad onslaught against banks on Thursday, tapping into public anger over rising fees to garner populist support ahead of his 2012 re-election campaign.
10-month-old Lisa Irwin Missing since Monday, Clueless Search Continues
The search for Lisa Irwin, the missing 10-month old infant from Kansas City, Mo., has got no leads to follow and has no suspects so far, while her parents desperately pleaded whoever has their daughter to return her.
Have CEO Severance Packages Gotten Out of Hand?
The whole process is to ensure that compensation is aligned with shareholder interest, Steve Rabitz, an attorney with Stroock & Stroock & Lavan who specializes in executive compensation, told International Business Times. But shareholders sometimes are angered by executive packages they believe are increasingly over-the-top.