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With the General Motors filing for bankruptcy today, that left a vacancy in one of the most exclusive and prestigious clubs in all of finance. And I would have made the case that Apple Inc. ought to fill GM's slot on the Dow Jones Industrial Average.
Stocks ended higher Thursday as crude prices climbed after an inventory pare-down and the results of the Treasury bond auction eased concerns about government debt.
NOT SEEN ON T.V.: David Pogue of the New York Times takes us behind the personal computing phenomenon.
Make no mistake, business gets done at the Electronic Entertainment Expo – lots of it – but since it serves as the industry’s rallying point for fans and the general public, the fun factor is given a massive dose of steroids. This year’s extravaganza runs June 2 through 4.
Superhero games on the whole have a pretty sorry history in the video game world. Batman, in particular, has had to endure some really crappy titles bearing his name. That inauspicious streak could end with "Arkham Asylum," though.
The game is a standalone expansion, and will certainly be shorter than previous "Halo" installments. Exact length of play and pricing hasn’t been determined, but Bungie has been quoted as saying they don’t view "ODST" as a $60 title.
Blending action and racing, the game pits you against a collection of stunt drivers and racers in a reality TV competition. The plot of the game, though, is fairly irrelevant. The fun lies in driving at insane speeds and wreaking havoc.
Before my interview today with Microsoft CEO Steve Ballmer, he glared at me when I told him what Yahoo's CEO Carol Bartz had to say about a potential partnership: I can't react to an offer or a deal when there's no offer or deal to react to, she said. Sometimes silence speaks volumes.
Stocks rebounded Thursday as crude prices climbed after inventories were pared more than expected. Stocks had gotten off to a wobbly start as investors juggled a bleak report on new-home sales with any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.
When Carol Bartz took over as CEO a few months ago, I like everyone else was intrigued about how she would turn this struggling company around. I got my chance with Bartz in her first TV interview since taking the Yahoo job, and what I got was a decidedly aggressive, straight-talkin', honest, sharp executive, firmly in charge, with a vision and the methods to make it happen. In short, I got exactly what Yahoo hasn't been, but has so desperately needed.
Stocks retreated Thursday, after a higher open, as bleak report on new-home sales overshadowed any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.
Stocks opened higher Thursday after an unexpected drop in initial jobless claims.
Futures held onto gains Thursday after an unexpected drop in initial jobless claims. However, the gains were muted as Dow component P&G slashed its outlook.
Time Warner is set to announce a separation of its AOL Internet division as soon as Thursday, the Wall Street Journal reported.
Is Googling about to become as dated as 8-track tapes, New Coke and Molly Ringwald?
No secret that plenty of Silicon Valley companies have seen precipitous stock declines, and several, including Google and Intel have taken steps to help out underwater employees. At Electronic Arts to the growing chorus.
The "D: All Things Digital Conference" here at the Four Seasons Aviara in Carlsbad is a feast for the technological senses.
Covering Apple can be fun, in a nauseating kind of way: Consider RBC Capital's Mike Abramsky earlier this year who did a whiplash-inducing about-face after essentially rating Palm a "buy," and Apple a "sell." He stepped up, admitted he was wrong, and upped Apple to a "buy," and dramatically increased his targets.
Today, Facebook secured a $200 million investment from Russian Digital Sky Technologies for a 1.96 percent stake in the company's preferred stock, giving the social network a $10 billion valuation.