Brent steady near $116, supply fears simmer with Yemen
Brent crude was steady near $116 after rising as much as 0.6 percent on Wednesday as intensifying unrest in Yemen highlighted the security risks facing oil output from the Arabian peninsula, home to the world's biggest oil fields.
Anti-Gay App: Open Letter to Steve Jobs From PFLAG President (FULL TEXT)
Rabbi David Horowitz of PFLAG National (Parents, Family and Friends of Lesbians and Gays) has written an open letter to Steve Jobs urging Apple to remove an app from Exodus International, which says the app is a refuge for people looking for help in their journey out of homosexuality and will help cure people of their homosexuality.
Japan's earthquake to set nation back by $309 billion
Japan's government has said that the cost of March 11 earthquake, tsunami and nuclear radiation woes, which have devastated the country, could reach $309 billion.
Global shares down, euro eases ahead of Portugal vote
Uncertainty over the human and economic damage inflicted by Japan's earthquake, tsunami and nuclear crisis weighed on Asia stocks on Wednesday, and the euro eased ahead of a parliamentary vote in Portugal that could see the government fall.
Japan sees quake damage near $310 billion
The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at 16-25 trillion yen ($185-308 billion), making it the world's costliest natural disaster.
'Faster and safer' Mozilla Firefox 4 against 'beautiful' Internet Explorer 9
Just days after Microsoft launched its 'beautiful' Internet Explorer 9, a new salvo has been launched into the web browser market - the faster and safer Firefox 4.
NASA astronaut interacts with New York students from aboard International Space Station
Over 200 New York middle school and high school students attended a NASA-led education forum, which gave them a chance to interact with astronaut Cady Coleman aboard the ISS.
Obama administration releases tool kit for states to “race to the top” in college graduation
The new toolkit released contains recommendations of seven no-cost or low-cost strategies that governors can use to boost college completion rates in their states.
Samsung denies rumors of Galaxy tablet inventory buildup
Samsung Electronics Co, the world's No.2 handset maker, denied market speculation of massive inventory build-up in its Galaxy tablet on Wednesday.
Japan estimates quake damage at up to $300 billion: report
The Japanese government estimates material damage from a deadly earthquake and tsunami that struck the country's northeast this month at 15-25 trillion yen ($185-308 billion), making it the costliest ever natural disaster, the Nikkei newspaper reported on Wednesday.
Japan govt estimates quake damage at $197-308 billion
- Japan's government said on Wednesday it estimated damage from the devastating earthquake and tsunami that hit northeast Japan this month at about 16-25 trillion yen ($197-308 billion).
Showtime, Netflix rework streaming content deal
NEW YORK - CBS Corp.'s Showtime will keep current, original series off Netflix's streaming video service when a current deal expires this summer.
IAEA's latest update on Fukushima nuclear power plant
The following is the IAEA update on Fukushima nuclear power plant in earthquake-torn Japan, dated March 23.
Japan banks mull $25 billion loans to nuclear operator: sources
Japan's top lenders including Sumitomo Mitsui Financial Group <8316.T> are in talks to provide up to 2 trillion yen ($24.7 billion) in emergency loans to Tokyo Electric Power <9501.T> to help the operator of a stricken nuclear plant rebuild its power supply network.
U.S., Rajaratnam battle over Goldman CEO testimony
Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about any legal issues facing the bank, according to trial documents.
Groupon president Solomon leaving company: report
Groupon Inc's president and chief operating officer Rob Solomon is stepping down from his position at the Internet company in the coming months, the Wall Street Journal reported on Tuesday.
Apple's Jobs ordered to answer iTunes questions
Apple Inc CEO Steve Jobs, who is out on medical leave, has been ordered to answer questions from lawyers for a group of consumers accusing the company of creating a music-download monopoly.
Apollo cuts expected price range of IPO
Private equity firm Apollo Global Management LLC lowered the expected range for the price of its initial public offering after delaying its filing as a nuclear crisis in Japan and democracy protests in the Middle East rocked markets.
Japan banks eye $12 billion in loans for nuke operator: source
Japanese financial institutions, including the country's top three banks, are considering providing more than 1 trillion yen ($12.3 billion) in emergency loans to Tokyo Electric Power <9501.T>, the operator of a stricken nuclear plant, sources said on Wednesday.
PlayBook ready to contest crowded tablet market
It's official: with the launch of Research In Motion's PlayBook tablet now just a month away, the BlackBerry maker's battle against Apple and Google is at the cusp of a fierce new phase.
HSBC sounding out shareholders over pay shake-up: report
HSBC is sounding out its shareholders over a proposed shake-up of its pay plans that would see top executives assessed on a wider range of performance metrics, the Financial Times reported on Wednesday.
Judge slaps down Google's digital library settlement
A U.S. judge on Tuesday rejected a $125 million settlement between Google Inc and authors that would have let the company publish millions of books online to create the world's largest digital library.
Online measurement rivals battle over patents
Two of the biggest online measurement firms are locked in a battle over alleged patent infringement.
GM sells Ally preferred shares for $1 billion
General Motors Co sold its preferred shares in auto lender Ally Financial Inc for $1 billion in what the automaker on Tuesday called a step to strengthen its balance sheet.
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
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.
David Winters still shines as buy'n'hold investor
Some things hardly change for money manager David Winters.
Japan supply paralysis spreads as firms cut output
Sony Corp <6758.T> cut output at five more plants and Toyota Motor Corp <7203.T> delayed restarting assembly lines, as the global supply of parts and products began to feel the full impact of Japan's catastrophic earthquake.
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.
Glass ceiling remains for women in media despite gains
The glass ceiling remains for women in the American media industry, despite growing numbers of female workers in the sector, a women's media organization said on Tuesday.