RadioShack CEO to retire, sees weak Q4 profit
RadioShack Corp said its Chief Executive Julian Day plans to retire at its annual shareholder meeting slated for the week of May 16 and forecast a weak fourth-quarter profit, sending its shares down 11 percent.
Treasury offers warrants to buy Citigroup stock
The U.S. Treasury Department announced on Monday that will offer two groups of warrants to buy stock in Citigroup Inc. that it obtained as part of the bailout of the bank during the financial crisis.
Dow higher on Intel dividend, S&P, Nasdaq flat
The S&P and Nasdaq were little changed on Monday as mixed corporate results left investors with little to embrace after the end of a multi-week rally, though the Dow gained modestly on Intel's higher dividend.
Betelgeuse Could Offer Inside Look At Supernovas
One of the brightest stars in the sky could get as bright as a full moon, and offer astronomers an inside look at an exploding star.
Radio host Alexis Stewart slashes her TriBeCa penthouse pad price to $9.5 mln
Alexis Stewart, a radio host and daughter of Martha Stewart who has been trying to sell her duplex loft at 27 North Moore Street on and off since more than three years, has now slashed the price to as low as $9.5 million.
Match Preview - Will Bolton Wanderers dent a fatal blow to Chelsea's title hopes?
On Monday's lone Premier League encounter, Chelsea will travel to the Reebok Stadium to face Bolton Wanderers.
Nvidia's 1.2GHz Tegra 2 3D chip for tablets and smartphones due this year
Nvidia has surprised the industry with reports stating that the graphic chip designer is due to showcase its Tegra 2 3D processor at the Mobile World Congress.
App tells JFK's story 50 years after inauguration
NEW YORK (Reuters Life!) - Fifty years after John F. Kennedy's inauguration, a new iPad application dedicated to the late president's life aims to be a multimedia museum for history buffs.
School-going children in Singapore carry iPads to school instead of textbooks, notes
School-going children of two schools in the city-state of Singapore are now relieved of carrying satchels full of textbooks and notes to their school as they have been given Apple’s iPads as part of a pilot project.
Facebook sees advertising prospects beyond games
Facebook, recently valued at $50 billion, sees opportunities to extend its advertising business beyond the gaming sector, a company executive said on Monday.
Blocking ‘rogue’ gene could stop cancer spread
Scientists in the United Kingdom have identified a “rogue” gene that attacks and breaks down a naturally-occurring protein in the body which normally prevents cancer cells spreading. By blocking the WWP2 gene, which is an enzymic bonding agent found inside cancer cells, levels of the natural inhibitor are boosted and the cancer cells remain dormant.
WikiLeaks founder Assange slams Swiss banker arrest
The founder of whistleblower site WikiLeaks attacked Switzerland on Sunday for arresting a Swiss banker on suspicion of breaching banking secrecy instead of investigating the tax evasion he said he had uncovered.
Scientists Get Closer To Building Quantum Computer
A quantum computer could be one step closer as scientists at Oxford University have generated billions of quantum bits in silicon.
Futures suggest flat open after multi-week rally
Stock index futures pointed to a flat open on Monday as some solid corporate results weren't enough to persuade investors to revive a multi-week rally.
Corrected: McDonald's December sales disappoint; shares fall
(Corrects December same-store sales results for Europe)
Unique law program inaugurated in London
LawWithoutWalls(TM) brings together students, faculty, practitioners, and entrepreneurs from around the world to explore innovation in legal education and practice.
Judges to weigh mortgage document destruction
Federal bankruptcy judges in Delaware are due to hold separate hearings Monday on requests by two defunct subprime mortgage lenders to destroy thousands of boxes of original loan documents.
Philips looks East as weak TV sales hit profit
Philips Electronics blamed TV sales for disappointing fourth-quarter profit and said western consumers would be reluctant to spend this year, adding urgency to its drive into emerging markets.
Nadal's journey from Grand Slam to 'Rafa Slam'?
Last year, Rafael Nadal had two biggest records - he finally secured the number 1 ranking and set the record for the longest match seen in the Australian Open at 5 hours and 14 minutes, playing against Fernando Verdasco.
This year, he hopes to break more records by winning his 10th single Grand Slam. More importantly, if he does succeed, he will be the only player in three decades to hold all four major Grand Slams - Wimbeldon Championship, Roland Garros, the United States Open and the Austral...
Hyperbaric Chambers, life-saving devices or killer machines?
With the reopening of clinic where a hyperbaric chamber exploded killing a woman and her grandson, the debate over the dependability of these medical devices has risen again. Hyperbaric Chambers, life-saving devices or killer machines?
Convert 'Black' iPhone 4 to 'White' with iColors
Want a Red, Blue, Pink or White iPhone 4? A Florida-based company is offering a new service called iColors for the iPhone.
Packers and Steelers to face each other after sealing Super Bowl berth
The Green Bay Packers and Pittsburgh Steelers will face-off against each other in the Super Bowl XLV in Texas on 6 February after beating Chicago Bears and the New York Jets respectively on Sunday.
Volcanoes, Carbon Dioxide Drove Permian Extinction
A group of researchers has found the first direct evidence that a supervolcano eruption in what is now SIberia may have driven the biggest extinction event in the Earth's history.
Euro zone PMIs indicate rising inflation pressure
Factories in the euro zone reported the strongest monthly price increase on record for raw materials and fuel in January, according to a business survey that again showed German strength propelling the bloc's service sector.
World's highest restaurant in Burj Khalifa, Dubai opens doors for business
Dubai is now home to the world’s highest restaurant ‘At.mosphere’, situated 442 meters up in the sky on the 122th floor of the 828-meter world’s tallest building Burj Khalifa.
Futures flat, Halliburton rises on results
Stock index futures were little changed on Monday as investors assessed whether a rally that started about two months ago had any more steam left.
FDA OK’s Clinical Data’s depressive disorder drug Viibryd
The U.S. Food and Drug Administration (FDA) has approved Clinical Data Inc. (NASDAQ:CLDA)’s Viibryd tablets for the treatment of major depressive disorder (MDD) in adults.
Futures flat after gains, Halliburton reports
Stock index futures were little changed on Monday as investors assessed whether a rally that started about two months ago had any more steam left.
Weak TV sales hit Philips Q4 profit
Philips Electronics blamed weak TV sales for disappointing fourth-quarter profit and warned that consumers in mature markets will be reluctant to spend this year.
Macau's Stanley Ho loosens hold on casino empire
Hong Kong billionaire Stanley Ho, chairman of Macau's biggest casino operator SJM Holdings <0880.HK>, has offloaded more of his shares to relatives, the latest move to cement succession plans for his vast empire.