Apple profit, revenue surge
Apple Inc reported sharp gains in quarterly revenue and profit as the company moved to adopt new accounting standards for its iPhone.
Wall St climbs as Bernanke support firms
Stocks snapped a three-day slide on Monday as signs that Federal Reserve Chairman Ben Bernanke would win a Senate vote for a second term helped ease investors' concerns.
Schwab says breakaway broker trend has legs
Charles Schwab Corp added a record number of wealth adviser teams as clients last year, benefiting from a wave of breakaway brokers leaving traditional firms to launch their own shops.
Android to eclipse iPhone and WinMo by 2013
Android will rise to be the second most used mobile OS in the world by 2013, eclipsing the iPhone and others, according to a new IDC estimate.
Goldman caps UK partner pay at $1.6 million: source
Goldman Sachs Group Inc , in the crosshairs of the pay debate, is capping compensation at $1.6 million for its partners in the UK, according to a source familiar with the matter.
GM's Whitacre to stay on as CEO; search dropped
General Motors Co Chairman Ed Whitacre said on Monday he would stay on as chief executive indefinitely, ending an eight-week search for his successor in a move intended to bring stability to the automaker's turnaround plans.
Bernanke support trickles in; vote seen by week's end
The U.S. Senate looked likely to grudgingly approve Ben Bernanke to a second term as Federal Reserve chairman this week after the White House stepped in to defend his crisis-fighting record and rally votes.
Intel puts up Solar Installations in 4 States
Intel said new contracts are in place to incorporate approximately 2.5 megawatts worth of new solar power projects as it moves to develop renewable energy sources.
Droid to help Verizon narrow gap with AT&T
Verizon Wireless is expected to have caught up a little with AT&T Inc in the race for new wireless subscribers, as momentum built behind Motorola Inc's Droid smartphone in the fourth quarter.
Bernanke, basic materials lift Wall Street
A broad-based stocks advance drove the S&P 500 up 1 percent on Monday as signs that Federal Reserve Chairman Ben Bernanke would win a U.S. Senate vote for a second term relieved the market of some of the uncertainty that contributed to last week's decline.
Helping the 'sandwich' generation: A key theme for State of the Union Address
Easing the burden of people in the “sandwich” generation who must care for both their children and aging parents amid a struggling economy will be a key theme for President Barack Obama in his State of the Union address on Wednesday.
Apple's iPhone coming to all networks
Apple may release its iPhone to all US carriers according to new analysis, paving the way to nearly triple the devises sold.
Novartis flu vaccine additive boosts wide protection
A vaccine additive made by Novartis and used in its European influenza shots can boost the body's immune response to a wide range of viruses, U.S. researchers reported on Wednesday.
Dell Canada loses appeal against class action suit
A Canadian court has dismissed attempts by Dell Canada Inc to stop a class action lawsuit dating back to 2007 involving 119,000 claims of faulty laptops, the law firm representing the action said on Monday.
Stocks climbs as Bernanke approval firms
U.S. stocks moved higher on Monday as signs that Fed Chairman Ben Bernanke would win a U.S. Senate vote for a second term helped lift shares beaten down in last week's sell-off, such as technology stocks.
Televisa to boost broadband speed in Internet race
Cablevision, the cable unit of media giant Televisa, will boost its broadband speed, following the lead of rival Telmex, owned by tycoon Carlos Slim, as competition in the telecom market heats up.
Feisty Obama: I won't stop fighting for you
I won't stop fighting for you, he thundered in a campaign-style speech in economically sagging northeastern Ohio, remarks that provided a likely preview of the themes in his first State of the Union speech next Wednesday.
Project seeks genetic basis of childhood cancer
They also hope they can use the research to help tailor treatments for children, to spare them radiation and chemotherapy that may do them little good.
Cayman Islands may be Wall St's scapegoat: economist
The Cayman Islands and other offshore money centers could become scapegoats unless regulation is stepped up on Wall Street's biggest banks to avert another potential financial crisis, a former IMF chief economist warned.
Delta Air Lines to spend $1 billion on upgrades
Delta Air Lines Inc said on Monday it plans to invest $1 billion over the next few years to upgrade its aircraft and enhance airport lounges.
Facebook target of more spam and phishing attacks in 2010
A surge in spam has been predicted this year on social networking sites like Facebook, according to a new report.
US conditionally OKs Ticketmaster, Live Nation deal
Ticketing giant Ticketmaster Entertainment and concert promoter Live Nation won U.S. antitrust approval to merge on the condition that Ticketmaster divests certain assets and license its primary ticketing software, the Justice Department said on Monday.
DEALTALK-With AIG, US taxpayers in for long wait
AIG's talks to sell its foreign life insurance business offer hope that U.S. taxpayers might recoup their investment in the bailed-out insurer, but it is far from getting off federal life support.
GM says in talks with Spyker, no Saab deal
General Motors Co has held advanced talks with Spyker Cars for the sale of its Swedish brand Saab but is proceeding with plans to wind down the unit, GM Chief Executive Ed Whitacre said on Monday.
UBS appoints Shear, Hoornweg for securities roles
Carsten Kengeter, co-chief executive of UBS Investment Bank, is stepping back from his additional role as joint head of fixed income, currencies and commodities , following two high profile appointments in the securities business. UBS appointed Neal Shear, 55, as head of global securities on Monday and named Roberto Hoornweg, 41, as global head of securities distribution, as it loo...
Blu-Ray finally encroaching into DVD market
High-volume shipments of Blu-ray players, are finally making inroads into the broader disc player and recorder market, according to new research.
China steps up defense of Internet controls
China widened its attack against U.S. criticisms of Internet censorship on Monday, raising the stakes in a dispute that has put Google in the middle of a political quarrel between the two global powers.
DuPont Q4 results to offer view on recovery
U.S. chemical maker DuPont is expected to report a fourth-quarter profit on Tuesday, a result that would bolster hopes the economy is on its way to recovery.
EU probes BHP, Rio iron JV for competition impact
EU regulators launched an investigation into whether a planned $116 billion iron ore production joint venture between BHP Billiton and Rio Tinto, criticised by steelmakers, will curb competition. Rio, the world's second-largest iron ore producer, and BHP, the third-largest, said they would keep their marketing separate to try to ease regulatory concerns when they unveiled the agreement to combine their Western Australian iron ore operations in December.
Bernanke's prospects brighten; vote seen this week
U.S. lawmakers looked likely to grudgingly approve Ben Bernanke to a second term as Federal Reserve chairman this week after the White House stepped in to defend his crisis-fighting record and rally votes.