Gas prices hit $8 a gallon at some Lukoil stations in New Jersey and Pennsylvania as part of a protest by franchisees who say the Russian-based oil company's policies damage their ability to compete.
At a time when everything is all set for the grand unveiling of Apple's (NASDAQ: AAPL) next generation iPhone, likely to be named the "iPhone 5," in San Francisco on Wednesday, a new report has surfaced online with a few more details related to the handset's features and accessories, including the new smaller 9-pin dock connector and the new version of Apple's headphones.
After London-based Burberry Group PLC (LON: BRBY) reported flat comparable-store sales for its second quarter, market watchers are trying to digest cross signals in the luxury goods market.
If, as one analyst expects, Apple sales of its new iPhone 5 -- estimated to cost about $600 each -- reaches 8 million, it could boost the GDP of the U.S. by half a percentage point.
The release date and price for Nintendo’s next-generation Wii U are expected to be unveiled this Thursday at a press event in New York. Nintendo has confirmed that the European launch details for the Wii U will also be announced on that day.
Michael Feroli, JP Morgan's chief economist, said in a new research note to clients that sales of the new version of the iPhone could add between a quarter and a half percentage point to fourth quarter annualized GDP growth in the U.S.
This Tuesday marks 11 years since the attack that destroyed the original World Trade Center in New York City. In the time since that horrific day, a new multibillion-dollar World Trade Center, led by the rising 1 WTC tower, is dominating the Lower Manhattan skyline.
Apple is expected to unveil its next-generation smartphone this Wednesday in San Francisco, but once the new iPhone eventually goes on sale -- sources peg Friday, Sept. 21 as the likely release date - who will be selling the phone? And what different size capacities can customers buy? On Monday, T-Mobile UK added placeholders into its internal and external systems for four new iPhone sizes. According to the website, the iPhone listed only as "iPhone X" will come in black in white colors an...
Toys ''R'' Us is introducing a tablet for children, and the new product will not be available online. The Tabeo, as the new tablet is called, can be pre-ordered over the Internet but it is only available in Toys "R" Us stores.
China's factories ran at their slowest rate for 39 months in August, the government reported Sunday.
Amazon's Kindle Fire launched Sept.6, appears to be making news for more wrong reasons than right. After news of the device lacking FCC approval for sale hit anxious customers Friday, the company seems to offer interested parties some respite as it appears to have reversed policy on the forced ads.
A slowdown in exports, a slump in the earnings of domestic companies and surging food prices cast downward pressure on the world's second-biggest economy in August as the China's National Bureau of Statistics reported Sunday that the Consumer Price Index rose 2 percent.
China's factories ran at their slowest rate for 39 months in August while a double-digit rise in fixed asset investment showed that infrastructure spending remained key to economic growth.
Asian stock markets ended with gains last week after the European Central Bank (ECB) announced plan to reduce borrowing costs of struggling euro zone countries’ and news that Chinese regulators had approved another batch of infrastructure projects, which should stabilize and restore growth in the world's second largest economy. Market participants’ are likely to focus on Federal Open Market Committee (FOMC) interest rate decision on September 13th.
Apple fans all around the world widely assume that the company's upcoming "iPhone 5" will have the LTE functionality. A new WSJ report said that the handset would work on the fastest 4G LTE networks around the world, including those in the U.S., Europe and Asia.
The first day of Mercedes-Benz Fashion Week in New York was a stellar start to the introduction of the Spring 2013 collections despite the MTV VMA awards taking place simultaneously at the Staples Center in Los Angeles, Calif.
The top after-market NYSE gainers Thursday were Cooper Companies, Sturm, Ruger & Co, Cedar Realty Trust, Lloyds Banking Group and Barnes & Noble, Inc. The top after-market NYSE losers were Infoblox Inc, Pandora Media, Resource Capital Corp, ExactTarget and Calpine Corp.
Costco Wholesale Corporation (NASDAQ: COST) stock price touched an all-time high on Thursday, a day after co-founder and former CEO James Sinegal addressed the Democratic National Convention.
The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.
Ten months after betting the company on the success of the Kindle Fire, Amazon.com Inc. (Nasdaq: AMZN) CEO Jeff Bezos plans to redouble his effort Thursday when he displays its successor as well as new members of the Kindle e-reader line in California.
Railroad executives said Wednesday that they are not expecting strong growth in cargo volume in the pre-holiday shopping season, but most future holiday gifts are delivered by trucks.
Chile retained its top spot among Latin American economies as the most economically competitive nation, while its neighbor to the east continued falling, according to a report from the World Economic Forum, which hosts the annual economic summit in Davos, Switzerland.