Blackberry maker Research in Motion's plan to lay off 10 percent of the company's workforce shines fresh light on desperation within the company to keep up with fierce smartphone competition eroding market share.
John Talty
Jul 25, 2011
BP would be wise to consider splitting its operations, as ConcoPhillips and Marathon Oil recently have, to possibly gain back up to 100 billion in value, according to an analyst.
John Talty
Jul 25, 2011
Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans.
IBT Staff Reporter
Jul 25, 2011
The UAW has started contract talks with Chrysler. The labor union says it wants some previous concessions back. But management at Detroit's Big Three wants to avoid costly mistakes of the past. The companies want to reduce labor costs rather than give wage increases.
David Magee
Jul 25, 2011
Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.
keep for now
Jul 25, 2011
The deadly crash of a bullet train on China's new high speed railway raises questions of safety, technology and government accountability.
IBT Staff Reporter
Jul 25, 2011
An autopsy is underway in London to determine the cause of death of troubled singer Amy Winehouse. The 27-year-old Winehouse of "Rehab" fame was found dead in her apartment on Saturday.
Mark Johanson
Jul 25, 2011
An autopsy on British singer Amy Winehouse, who was found dead at the weekend, will be carried out Monday, police said, as her parents thanked well-wishers at a makeshift shrine outside the 27-year-old's north London home.
IBT Staff Reporter
Jul 25, 2011
French President Nicolas Sarkozy's key role in calming the euro zone crisis helps to take some of the heat off his own country's simmering debt troubles in the run-up to a presidential election.
Hao Li
Jul 25, 2011
Given the very bullish sentiment heading into earnings, FBR Capital Markets said it is not surprised by the pullback in shares of Core Laboratories N.V. (NYSE: CLB) following the company's second quarter earnings release.
Balasubramanyam Seshan
Jul 25, 2011
New York City Health and Hospitals Corporation employes the latest medical simulation technology to improve patient safety outcomes in the city's public hospitals.
IBT Staff Reporter
Jul 25, 2011
Another stellar quarter of profit growth from Canada's biggest companies may do little to boost its stock market, with investors focused firmly on worrying global debt crises.
IBT Staff Reporter
Jul 25, 2011
Investigations are underway as over four retail shops, in the southern Chinese city of Kunming, were discovered to be posing as fake Apple stores. Customers and even staff were fooled by the Apple products, whether they were real or selling fakes counterfeit versions. The store itself has been impressive in terms of decorating and matching furniture to legitimate Apple stores.
IBT Staff Reporter
Jul 25, 2011
Google Inc has removed excerpts of customer reviews from sites such as Yelp and TripAdvisor from Google Places, its competing online service aimed at helping consumers search for local businesses.
keep for now
Jul 25, 2011
Belgrade - After a performance at Serbia's Forest Fest, Winehouse apologizes to angry and disappointed fans and cancels upcoming performances.
IBT Staff Reporter
Jul 23, 2011
After a disastrous performance at Serbia's Forest Fest, Winehouse apologizes to angry and disappointed fans and cancels upcoming performances.
IBT Staff Reporter
Jul 23, 2011
The Norwegian man arrested and charged in connection with the bombing attacks in Oslo has been described by media as a Christian fundamentalist with extreme right-wing views.
Palash Ghosh
Jul 23, 2011
The U.S. Food and Drug Administration has released, for comment purposes, proposed regulations on certain medical- and health-related apps that are used on smartphones and mobile computing devices.
Laura Matthews
Jul 22, 2011
Apple's iPad is on a tear in the enterprise, and is now being activated more often than Android smartphones, according to the latest data from Good Technology.
IBT Staff Reporter
Jul 22, 2011
Gradually moving from the Midwest and seeping into the East, the deadly US heatwave is pushing temperatures above 100F with a forecast to get even hotter during the weekend.
Ceylan Yeginsu
Jul 22, 2011
Apple's star device iPad is the undisputed leader in the consumer segment of the tablet market and is now on the roll to capture the enterprise tablet segment as well.
IBT Staff Reporter
Jul 22, 2011
The top pre-market NASDAQ Stock Market gainers are: athenahealth, Skyworks Solutions, SmartHeat, Ryanair Holdings, and SanDisk. The top pre-market NASDAQ Stock Market losers are: Sify Technologies, Coinstar, SS&C Technologies Holdings, Joy Global, and Polycom.
Balasubramanyam Seshan
Jul 22, 2011