Icahn to return his clients' money
Billionaire hedge-fund manager Carl Icahn is returning capital to outside investors, marking the end of an era as he joins other prominent stock pickers who no longer want the headaches of handling other people's money.
Most influential Car Designers ever in the world
Most influential Car Designers ever in the world
Warner Bros to offer movies through Facebook
Warner Bros is making some of its films available on Facebook, opening up a new revenue source for the Internet social network and signaling new competition for online entertainment companies.
CORRECTED: ILFC places big plane orders, scraps A380
Corrects potential value of Boeing order to $2.67 billion from $2.13 billion in paragraph 13
Grumblings In Google's App Marketplace
Some app developers are expressing discontent with the way Google operates the Android Market for apps, and at least one has decided to call out Google in public.
Toyota aims to lift group operating profit: report
Toyota Motor Corp <7203.T> aims to lift its group operating profit to more than 1 trillion yen ($12.16 billion) in two to three years by strengthening its ability to overcome a stronger yen and stepping up cost-reduction efforts, the Nikkei business daily reported.
Risk-aversion rules as miners ramp up exploration
A sharp rebound in mine exploration spending shows no sign of slowing this year, but miners seeking fresh supplies are keenly aware of risks and not every country with rich mineral deposits is a winner.
New TV and social media trend among the youth: study
Young Britons have taken to a new television and social media trend which could have far-reaching consequences for the worlds of broadcasting and advertising, according to a new study.
CEO Says NVIDIA Will Focus On Mobile, Parallel Processing
NVIDIA's chief executive officer, Jen-Hsun Huang, said the company will focus on making its signature graphics processors more energy efficient with parallel architectures, with its innovation targeting the mobile computing sector.
Research Method Can Expose Anonymous Email Authors
Researchers say they have developed a technique to determine the authorship of anonymous emails, which often are gateways to cyber crime.
Lime Wire, music publishers settle copyright case
The operator of LimeWire, a once-popular file-sharing service shut down last year for copyright infringement, has settled a lawsuit brought by music publishers.
Top 10 tax scandals of the rich and famous
Here's a look at the top 10 tax scandals of the rich and the famous.
Facebook Poses Credible Threat to Netflix: Analyst
Facebook's ability to tap into social connections will give it edge over Netflix, says analyst
Wisconsin Democratic Party Leader Alleges Ethics Violations by Walker
The head of Wisconsin's Democratic Party filed a series of ethics violations complaints against Gov. Scott Walker on Monday.
Skechers sues Sears over Shape-ups
Skechers USA Inc sued Sears Holdings Corp , accusing the housewares and apparel retailer of selling footwear that infringed on some of its patents and trademarks, including those for its Shape-up line.
Rajaratnam trial starts, judge questions jury pool
The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest U.S. insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.
Oil's pullback bolsters Wall Street
An upbeat profit forecast from Bank of America and a pullback in oil prices lifted Wall Street out of the technical danger zone on Tuesday in another sign of the market's near-term resilience.
Oil slips on OPEC output talk, eyeing Libya
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.
Brown-Forman tops estimates, raises forecast
Brown-Forman Corp , the maker of Jack Daniel's whiskey, posted a stronger-than-expected 30 percent rise in quarterly profit helped by strong demand abroad, and raised its full-year outlook, sending shares up as much as 9 percent to an all-time high.
Icahn to return all his clients' money
Billionaire hedge fund manager Carl Icahn said he plans to return all of his clients' money, becoming the latest in a string of investors who no longer want to manage money for outsiders.
Weber says markets have understood ECB correctly
Markets have understood the European Central Bank's policy signals, ECB policymaker Axel Weber said on Tuesday, adding he did not want to correct expectations for rates to be at 1.75 percent by year's end.
Advisers have 12 hours to return clients' calls: poll
How can advisers keep their millionaire clients happy? By returning their phone calls.
OPEC mulls boosting output, Iran sees no need
OPEC is in talks about boosting oil supplies, Kuwait's oil minister said on Tuesday, but many in the group remained skeptical, saying world supply is comfortable despite the loss of Libyan crude.
Stocks rise on pullback in oil prices
An upbeat profit forecast from Bank of America and a pullback in oil prices lifted Wall Street out of the technical danger zone on Tuesday in another sign of the market's near-term resilience.
Wireless expert Parrot seeks acquisitions
French wireless devices specialist Parrot is looking for acquisitions and has up to 40 million euros available to spend, its finance director told Reuters on Tuesday.
Bank of America long-term profit forecast cheers investors
Bank of America Corp expects to get past large mortgage losses over the next few years and reach pretax profits of as much as $40 billion annually, its chief executive said.
Audi running circles around rivals in China: CEO
German carmaker Volkswagen's premium brand Audi posted record-high margins, beating domestic rival Mercedes , and said it expected to stay ahead of the competition in fast-growing China.
Carl Icahn to return all his clients' money
Billionaire hedge-fund manager Carl Icahn is returning outside investors' capital, marking the end of an era as he joins a string of prominent stock pickers who no longer want the headaches of overseeing other people's money.
Raj Rajaratnam trial starts as judge questions jury pool
The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.
Shortly After Killing 'Guitar Hero', Activision Prepares 'Dance Hero'
Activision may have given its Guitar Hero and DJ Hero seriesthe boot, but the company isn't swearing off the music genre altogether.