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Broadcom CEO Scott McGregor stands in front of the company's logo in Taipei

Broadcom Earnings A Mixed Bag

Company announces a quarterly cash dividend increase while saying its revenue will sink in the first quarter of 2011.
The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland

FDA rejects Orexigen's weight-loss drug

The U.S. Food and Drug Administration (FDA) has rejected Orexigen Therapeutics Inc.'s weight-loss drug Contrave on concerns over heart safety issues. Following the announcement, shares of the California-based company plunged nearly 72 percent in Tuesday's pre-market trade to $2.52.
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Taco Bell insists it uses real beef

Taco Bell is introducing an advertising campaign to defend itself against accusations of a lawsuit which alleges that the fast-food chain doesn’t fill its tacos with real beef.
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PS3 Hacker Gets Slapped With Restraining Order

A Federal court in California has bit the hacker who publicized a jailbreak for the Playstation 3 console with a temporary restraining order, impounding his computers and barring him from publicizing the exploit on the Internet.

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