Euro debt concerns weigh on global stocks
Concerns about the euro zone debt crisis weighed on world stocks and lifted Portugal's yields to a new euro-era peak on Wednesday, while crude oil held steady off highs following reassurances on supply from OPEC states.
Students in 14 states to receive school-sponsored wireless Internet connections off campus
Schools in these states will receive $9 million in federal funds that will help them provide students with wireless broadband connection for laptops, phones and mobile devices even after regular campus hours.
EIA lifts oil, gasoline price forecast
The U.S. Department of Energy forecasts oil prices to average $105 a barrel in 2011, and said there is a 25 percent chance that gasoline prices will exceed $4 a gallon this summer.
EADS restores dividend, sees stable profit in 2011
European aerospace group EADS forecast higher revenue and stable core operating profit as it boosts development spending this year, after bouncing back to profit with a record cash pile in 2010.
Vending machines in Japan to charge electric cars
Beverage vending machines across Japan plan to install electric vehicle chargers to charge cars, the AFP reported today.
Airbus blames loss of China deal to Boeing on U.S. political pressure
John Leahy, chief operating officer for customers at Airbus claims that the U.S. administration had a significant influence on the award of the deal.
Brent below $113, falls 3rd day
Brent crude dropped for a third day, dipping below $113 on Wednesday after reassurances from OPEC members of ample spare capacity eased anxiety about production losses from Libya, the world's 12th-largest oil exporter.
'Alice in Chains' bassist Mike Starr dies: Obituary
Mike Starr, popular as the bassist of the grunge band Alice in Chains, was 44 when he was found dead in a Salt Lake City house on March 8, 2011.
Toyota sees op profit of $12 billion in 2-3 years: source
Toyota Motor Corp <7203.T> on Wednesday will forecast a near doubling of operating profit to at least 1 trillion yen ($12 billion) in two to three years, said a source with direct knowledge of the situation.
Toyota sees operating profit of $12 billion in 2-3 year
Toyota Motor Corp will aim to nearly double operating profit to at least 1 trillion yen ($12 billion) in two to three years under plans to be unveiled on Wednesday, a source with direct knowledge of the situation said.
ID Theft tops FTC consumer complaints list
Identity theft has topped the list of consumer complaints last year, followed by debt collection, according to a report from the Federal Trade Commission.
Oil falls, stocks up but investors still jittery
Oil prices fell further on Wednesday as OPEC considered raising production, pushing up Asian stocks, although investors remained on edge because of the turmoil in the Middle East.
Brent nears $112, falls 3rd day
Brent crude dropped for a third day, dipping toward $112 on Wednesday after reassurances from OPEC members of ample spare capacity eased anxiety about production losses from Libya, the world's 12th-largest oil exporter.
As oil muddies outlook, Fed policy less certain
Surging oil prices are deepening a split inside the Federal Reserve, blurring the likely direction of monetary policy and making next week's policy meeting all the more contentious.
New version of Google Chrome browser released
Google on Tuesday released a new stable version of its Chrome web browser, which the company said is speedier, simpler and safer.
Oil slips as OPEC mulls output
Oil prices slipped on Tuesday, with Brent falling nearly 2 percent, after Kuwait's oil minister said OPEC was considering a production boost as war-torn Libya's output remained disrupted and the region's unrest fueled concerns about more supplies being cut off.
Oil falls and Asian stocks up but investors still jittery
Oil prices fell for a second day on Wednesday as OPEC considered raising production, pushing up Asian stocks although investors remained on edge because of the turmoil in the Middle East.
Madoff trustee: Lawsuits delay money for victims
The trustee seeking money for investors hurt by Bernard Madoff's Ponzi scheme said he hopes to begin distributing money in the near future but that lawsuits challenging his efforts are causing delays.
Boeing wins $10 billion deal from Chinese airlines
Boeing Co sealed deals worth $10 billion with two airlines in China, the world's fastest growing market, which is likely to buy more than 2,000 aircraft over the next five years.
ILFC places big plane orders, scraps super jumbos
International Lease Finance Corp, the world's biggest aircraft leasing company, said on Tuesday it will order 100 narrowbody planes from EADS unit Airbus and 33 narrowbodies from Boeing Co , and scrap an order for 10 Airbus A380 super jumbo aircraft.
NPR Exec Calls Tea Party 'Seriously Racist,' Project Veritas Video Shows
Project Veritas has released a video showing a National Public Radio executive describing the Tea Party as being racist and xenophobic.
Charlie Sheen outranks Obama and Lady Gaga in social media
If you think Charlie Sheen has been winning media attention these past few weeks, you'd be right.
Arsenal striker Van Persie brands referee a joke after red-card against Barcelona
Arsenal striker Robin van Persie has branded referee Massimo Busacca as a joke after receiving a controversial red card his side's 3-1 defeat to Barcelona at the Nou Camp.
UEFA Champions League Round-up - Barca silence Arsenal, Donetsk humiliate Roma
In the second-leg fixtures of the Champions League last-16 round, Barcelona and Shakhtar Donetsk qualified for the quarter-finals of the competition at the expense of Arsenal and AS Roma.
U.S. gasoline demand drops 1.8 percent: MasterCard
U.S. retail gasoline demand fell last week after high gasoline prices dampened demand in all U.S. regions, MasterCard Advisors' SpendingPulse report showed on Tuesday.
BofA long-term profit forecast cheers investors
Bank of America Corp said it expects to be able to churn out pretax earnings of up to $40 billion annually within a few years after it clears up mortgage-related problems at the center of losses since 2008.
Rajaratnam trial heads to opening statements
The biggest U.S. insider trading case in decades was expected to head into opening statements on Wednesday in a court showdown between prosecutors and lawyers for Galleon hedge fund founder Raj Rajaratnam.
Quality Barcelona silence Arsenal to Qualify
In a game marred by controversy, but not short of quality, Barcelona became the first team to qualify for the quarter-finals of the UEFA Champions League with 3-1 win (4-3 on aggregate) against ten-man Arsenal at the Nou Camp.
BP's Robert Dudley apologizes for Gulf spill
BP Plc's Chief Executive Robert Dudley issued an industry-wide apology for the worst offshore spill in U.S. history at a high-profile energy conference on Tuesday.
Google’s Money Will Immortalize Mandela
Google funds a digitized tribute to one of democracy's greatest leaders.