SEC charges government website maker over CEO perks
NIC Inc, which builds websites and provides various services to more than 3,000 government agencies, agreed to settle Securities and Exchange Commission charges that it hid more than $1.18 million of perks awarded to its former chief executive.
Ultimate Software looks at selling itself: sources
Ultimate Software Group Inc has hired an investment bank to review a possible sale of the cloud-computing company, said three sources familiar with the situation.
Toyota comeback in U.S. could trigger share rebound
The public isn't cutting Toyota Motor <7203.T> much slack, but the world's top automaker is looking to shake off the recall crisis and at least match the growth in its key U.S. market this year in what could bode well for its lusterless shares.
Sudan's referendum is valid, officials say
More than enough registered voters in Sudan will cross a key participation threshold, making valid the referendum to decide whether or not the nation splits into two, officials said Wednesday.
As China moves to free up yuan, investors want more
State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency.
Corrected: Wikipedia, 10 years old, targets India
(Wikipedia corrects its unique visitors figure to 410 million from 440 million in paragraph 3)
U.S. public strongly opposes debt level increase: Reuters/Ipsos
The U.S. public overwhelmingly opposes raising the country's debt limit even though failure to do so could hurt America's international standing and push up borrowing costs, according to a Reuters/Ipsos poll released on Wednesday.
Mortgage applications increased last week: MBA
Applications for U.S. home mortgages increased last week as lending rates eased from recent highs, an industry group said on Wednesday.
Investors bet on Nvidia's new mobile chips
Nvidia shares soared 15 percent on Wednesday, their biggest one-day rise in over two years, as investors bet the company's new chips would win it a major stake in future tablets and smartphones.
ITT Corp to break itself up, shares rise 18 percent
U.S. manufacturer ITT Corp plans to split itself into three companies to take advantage of growing water and industrial markets as its defense unit braces for U.S. military spending cuts.
Housing prices to hit bottom this spring: economist
U.S. housing prices overall are expected to hit bottom by spring 2011 and begin a gradual rise in 2012, Frank Nothaft, chief economist and vice president of housing lender Freddie Mac said on Wednesday.
Space Tourists To Launch In 2013
Space tourists will have the chance to strap in and fly to orbit beginning in 2013, as the company that sent up the first space tourists comes back from hiatus.
FBI arrests man for threatening life of Congressman
Federal law enforcement arrested a California man today and charged him with making death threats to U.S. Rep. Jim McDermott, D-WA, according to federal authorities.
Nvidia extends rally, investors bet on mobile chip
Nvidia shares surged 15 percent on Wednesday, extending a rally ignited by optimism about its ARM-based mobile chip business and a $1.5 billion legal settlement with Intel Corp.
Public strongly opposes debt level increase: Reuters/Ipsos poll
The U.S. public overwhelmingly opposes raising the country's debt limit even though failure to do so could hurt America's international standing and push up borrowing costs, according to a Reuters/Ipsos poll released on Wednesday.
Wikipedia, 10 years old, targets India
With China virtually cut off and Western markets maturing, Wikipedia is targeting India first and possibly Brazil next to reach its goal of 1 billion users, Executive Director Sue Gardner says.
iPhone App Controls Your Mind
New app/device combo from PLX Devices can control a user's mind.
Groups Say MetroPCS Violates Net Neutrality Rules
Groups concerned about net neutrality have taken the first shots at MetroPCS over its newly unveiled data plans, which they say run afoul of the new Federal Communications Commission rules.
Homeless man with golden voice checking into rehab
A homeless man who became a YouTube sensation for his golden voice will check into rehab for treatment of alcohol and drug dependency, representatives for the Dr Phil show said on Wednesday.
Banks to meet Thursday on AIG share sale: source
Banks will meet in New York City on Thursday to make their case for the right to sell the U.S. Treasury's stake in American International Group, three people familiar with the matter said on Wednesday.
Demand Media moves ahead with $112.5 million IPO
Demand Media Inc, which relies on search engine data and thousands of freelancers to churn out low-cost articles and video, set terms on Wednesday for a $112.5 million initial public offering.
U.S. poised to boost Yemen trust fund
The U.S. will contribute to a trust fund to help Yemen as it expands aid beyond counter-terrorism against Al-Qaeda to include aid for economic, social and political development, U.S. Secretary of State Hillary Clinton said on Tuesday.
GE CEO sees no appetite for infrastructure bank
Prospects are slim due to high deficits that the U.S. government will create a financing arm to underwrite big-ticket infrastructure projects, the chief executive of General Electric Co said on Wednesday.
U.S. tries fence-mending with China
President Hu Jintao of China is coming to America next week, to meet with President Barack Obama and discuss relations between the world’s two largest economies.
Banks lead Wall Street up, appetite for equities rises
Stocks ended solidly higher on Wednesday after European debt fears eased and sparked a broad advance, led by banks and commodity-related shares.
Aspirational shoppers to fuel '11 luxe rebound: execs
Wall Street's continuing rally and the improving finances of America's wealthy will keep luxury spending's hot streak alive in 2011, and the less well heeled are also poised to join the party, top retail executives said.
Government posts $80 billion December budget deficit
The United States posted an $80 billion budget deficit in December, slightly smaller than economists had expected, Treasury Department data showed on Wednesday.
Nvidia extends rally as investors eye mobile
Nvidia shares surged 14 percent on Wednesday, extending a recent rally ignited by optimism about its ARM-based mobile chip business and a $1.5 billion legal settlement with Intel Corp.
Fed sees somewhat brighter outlook for jobs
The battered U.S. labor market may finally be looking up, according to a report from the Federal Reserve that found modestly better job conditions across the country.
Activist manager sells Cisco shares on rights concerns
Activist investor Boston Common Asset Management LLC said that it has sold most of the 167,000 shares it held in Cisco Systems Inc, capping a lengthy dispute with the company over its human rights record.
