Nokia cancels X7 phone destined for AT&T: source
Nokia has pulled out of a plan to launch a smartphone with No. 2 U.S. mobile provider AT&T Inc, just before the device was supposed to be announced, a person familiar with the matter said.
Pension Funds Push For Apple CEO Succession Plan
A pension fund wants shareholders to vote for a written succession plan for Apple.
Solid earnings likely for key U.S. aerospace firms
U.S. suppliers of planes and aircraft parts are likely to post solid quarterly results on better air traffic as defense contractors are challenged by a tough budgetary environment.
GE says China deals to bring $2 billion in sales
Five deals that General Electric Co signed with Chinese partners this week will generate more than $2 billion of revenue over the next decade for the U.S. conglomerate, including about $1 billion of exports from the United States, GE said on Wednesday.
American Express quarterly profit misses estimate
American Express Co reported quarterly earnings that narrowly missed Wall Street estimates and said it would cut 550 jobs as it handles more customer services on the Internet.
EBay profit beats estimates, forecast is bullish
Online marketplace eBay Inc exceeded Wall Street profit estimates for its holiday fourth quarter, helped by more items sold and at higher prices, and gave a bullish 2011 outlook.
Hedge fund industry assets swell to $1.92 trillion
Hedge fund assets grew a record $149 billion during the last three months of 2010, according to new data released on Wednesday.
More tech workers get bonuses - report
More technology and engineering workers got bonuses and pay raises last year than in 2009, but the pay hikes were tiny for professionals outside large corporations and Silicon Valley, according to a survey by Dice.com, part of online recruiter Dice Holdings Inc .
Wells, U.S. Bancorp profits up, margins squeezed
Wells Fargo & Co and U.S. Bancorp said low interest rates were squeezing lending profits, but improving credit quality helped both banks post higher fourth-quarter earnings.
Nintendo says reaction to 3D warning was overblown
A top Nintendo Co Ltd executive said reaction to a health warning on its new 3D handheld game player was overblown, portraying as routine the warning that hit its shares two weeks ago.
Swiss arrest ex-banker for giving data to WikiLeaks
Swiss police arrested ex-banker Rudolf Elmer on Wednesday for giving data to Wikileaks, hours after he was found guilty of breaching strict Swiss bank secrecy laws in another case.
T-Mobile USA not seen announcing Clearwire deal
T-Mobile USA's new chief executive looks set to dash the hopes of Clearwire Corp investors when he meets Wall Street analysts on Thursday as he is unlikely to announce a strategic deal with the smaller wireless operator, sources close to the situation said.
Banks, tech send Wall Street to worst drop in 2 months
The S&P 500 suffered its biggest decline in nearly two months on Wednesday as disappointing results from Goldman Sachs and Wells Fargo put a damper on the rally.
Gunfire at another L.A. school
Another gunfire incident has rocked Los Angeles area schools. A police officer wearing a bullet proof vest was shot but the bullet did not penetrate his body, local reports say.
200 dead cows in Wisconsin found by farmer
200 dead cows were discovered in a field of Portage County, Wisconsin on Friday. The dead Cows were disposed using semi-trucks.
Swiss re-arrest ex-banker for giving data to WikiLeaks
Swiss police on Wednesday arrested former banker Rudolf Elmer on fresh charges of breaching Swiss bank secrecy law for giving data to WikiLeaks, hours after he was found guilty of another secrecy offense.
EBay options show downside bias as earnings beckon
Options traders appeared to be taking a bearish stance on eBay Inc ahead of its earnings report after the bell on Wednesday.
China, U.S. agree to healthcare partnership
While Chinese President Hu Jintao is being entertained by U.S. President Barack Obama, and the U.S. House of Representatives votes to repeal the Obama administration’s healthcare reform law, both U.S. healthcare and Sino-American relations are the main components today of a less highly publicized event.
Lehman says BofA should return another $9 million
Lehman Brothers Holdings is demanding that Bank of America return an additional $9 million on top of $500 million it has been ordered to repay by a bankruptcy judge.
Goldman profit slides as bond trading wilts
Goldman Sachs Group Inc posted a 53 percent decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets.
Wall St has worst drop in 2 months on banks, tech
The S&P 500 suffered its biggest decline in nearly two months on Wednesday as disappointing results from Goldman Sachs and Wells Fargo put a damper on the rally.
Juror could face charges for online research
ATLANTA, Jan 19 - A U.S. high-school librarian could face criminal charges for conducting online research while she was a juror in a capital-murder trial.
Bane To Be Batman’s Next Big Screen Foe
Tom Hardy will play Bane in the next big screen Batman flick.
Wells, US Bancorp profit up as credit improves
Wells Fargo and US Bancorp said lending profits are being squeezed by low interest rates, but improving credit quality helped both banks post higher-than-expected fourth-quarter earnings.
Growth view rises as recovery seen taking hold: Reuters poll
Recent evidence a U.S. economic recovery may be gaining traction has led economists to raise their forecasts for the pace of growth in the world's largest economy, according to a Reuters poll released on Wednesday.
Wells, U.S. Bancorp profit up as credit improves
Wells Fargo and U.S. Bancorp said lending profits are being squeezed by low interest rates, but improving credit quality helped both banks post higher fourth-quarter earnings.
Corrected: Wells, US Bancorp profit up as credit improves
(Corrects first paragraph to show both Wells Fargo and U.S. Bancorp posted higher, not higher-than-expected, earnings)
Lift the ban on women in combat, panel says
Women who are qualified to serve in combat should be allowed to do so, according to a nonpartisan commission tasked with promoting equal opportunity in the U.S. military services.
Corrected: Wells and US Bancorp profits up but margins squeezed
(Corrects first paragraph to show both Wells Fargo and U.S. Bancorp posted higher, not higher-than-expected, earnings)
Lakers face Mavericks tonight
The two time defending champion LA Lakers, with 2nd best record in the West (31-12), will visit the Mavericks tonight at 9pm EST.