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The AOL logo is seen on the outside of the building housing the companies corporate headquarters in New York

AOL Dissidents Get Big Boost; Shares Near High

Shares of AOL Inc. (NYSE: AOL), the No. 7 website, traded near their 52-week high Monday after activist investors Starboard Value Management won crucial backing to win seats on the board of directors.

E3 2012 Rumors: Xbox 360 May Stream From Console To Phone With New App, More To Come With Next-Gen System

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Remember when we said Microsoft has ?big plans? for the future of its Xbox console? With the Electronic Entertainment Expo beginning June 5, rumors about what the video game industry will unveil are starting to heat up. One of the most recent speculations to surface involves plans from Microsoft to offer a new feature that will stream Xbox 360 content from games directly to a mobile phone or tablet.
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Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Lower Opening Friday

Futures on major U.S. indices point to a lower opening Friday ahead of the anticipated Bureau of Labor Statistics' Nonfarm Payrolls report, the Institute of Supply Management (ISM)'s Manufacturing Purchasing Managers Index (PMI) report, and ADP's Personal Income report.

Apple Without Steve Jobs: 9 Things CEO Tim Cook Is Doing To Move Forward

It was strange not to see Steve Jobs fill one of the iconic red executive chairs at the D10 Conference in Rancho Palos Verdes, Calif., hosted by All Things Digital's Walt Mossberg and Kara Swisher, but current Apple CEO Tim Cook did his best to fill the massive vacancy left by Jobs with some heartwarming stories about Steve, his life at Apple, and some encouraging signs that the world's most valuable technology company is moving in the right direction.
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J.P. Morgan Reported Overhauling Unit With $2B Loss

J.P. Morgan Chase & Co is spinning off the special investments group from its scandal-plagued chief investment office in a bid to overhaul the division that cost the bank more than $2 billion in trading losses this month, the Financial Times reported.
High-Speed Rail

China's Railway Dreams Dashed As Top Official Removed

Graft and debt are crippling China's railway industry and eroding trust in the government's management of a crucial sector of transportation -- and may kill the dream of becoming the world's leader in high-speed trains
Vieques Island, Puerto Rico

Puerto Rico Bets On American Tourists To Repay Debt

Americans have long been in love with Puerto Rico's high-yielding municipal bonds. Now the Caribbean island hopes they will flock to its sand, surf and spanking new resorts to help pay off massive debts.

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