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  • COLUMBUS, Ohio— Ohio's computerized background check system has been flawed and unreliable for years, often failing to provide accurate information about convicted felons, according to an investigation by The Columbus Dispatch and WBNS-TV. The fingerprint-based system operated by the Bureau of Criminal Investigation in the office of Attorney General...

  • WASHINGTON/ CHICAGO, April 23- The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, U.S. court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and...

  • WASHINGTON/ CHICAGO, April 23- The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and...

  • Unisys reports 1Q loss Thursday, 23 Apr 2015 | 6:21 PM ET

    BLUE BELL, Pa. _ Unisys Corp. on Thursday reported a loss of $43.2 million in its first quarter. On a per-share basis, the Blue Bell, Pennsylvania- based company said it had a loss of 87 cents. Unisys shares have declined 20 percent since the beginning of the year.

  • April 23- Amazon.com Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments. Cloud computing has turned out to be more lucrative than expected, Wedbush Securities analyst Michael Pachter noted. Amazon's sales from North America rose 24 percent...

  • Freescale Semiconductor posts 1Q profit Thursday, 23 Apr 2015 | 5:57 PM ET

    AUSTIN, Texas _ Freescale Semiconductor Ltd. on Thursday reported first-quarter net income of $70 million, after reporting a loss in the same period a year earlier. For the current quarter ending in June, Freescale Semiconductor said it expects revenue in the range of $1.16 billion to $1.21 billion. Freescale Semiconductor shares have increased 58 percent...

  • April 23- Microsoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business. "The Street will cheer these results as it appears Microsoft is back on the right track after a head-scratching performance last quarter."

  • Amazon's Web Services boosts 1Q revenue Thursday, 23 Apr 2015 | 5:12 PM ET

    NEW YORK— Strong demand for cloud computing services helped Amazon's revenue jump 15 percent in the first quarter. And it's expanding Amazon Prime Instant Video, developing new content for its Prime members including a TV series with Woody Allen. But this quarter investors are most interested in details about Amazon's Web Services because it is the first time...

  • April 23- Microsoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing products helped to offset a decline in the company's core Windows business. "The Street will cheer these results as it appears Microsoft is back on the right track after a head-scratching performance last quarter."

  • Microsoft beats Street 3Q forecasts Thursday, 23 Apr 2015 | 4:22 PM ET

    REDMOND, Wash. _ Microsoft Corp. on Thursday reported fiscal third-quarter profit of $4.99 billion. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Microsoft shares have declined roughly 7 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 3 percent.

  • April 23- Google Inc reported a 12 percent rise in quarterly revenue, helped by a 13 percent jump in the number of ads, or paid clicks, but missed lofty Wall Street expectations. Google's ad revenue has been pressured as more consumers access its online services on mobiles devices such as smartphones and tablets, where ad rates are typically lower.

  • *Germany relies on manufacturing more than US, W Europe. FRANKFURT, April 23- If customers of Germany's Harting Group, a maker of industrial plugs and sockets, want bespoke products, they can buy them-- if they're prepared to assemble them from a kit themselves. Harting is one of a growing number of German firms investing in software, fearing their excellence in...

  • STOCKHOLM, April 23- Mobile telecoms equipment maker Ericsson posted a surprise fall in profits on Thursday and warned of continued weak profitability as spending by U.S. network operators remains sluggish, forcing it to rely on China, where margins are lower. Profitability was particularly weak in its mainstay networks unit as sales in North America fell...

  • Syntel misses Street 1Q forecasts Thursday, 23 Apr 2015 | 9:58 AM ET

    TROY, Mich. _ Syntel Inc. on Thursday reported first-quarter earnings of $40 million. Syntel expects full-year earnings to be $2.70 to $2.95 per share, with revenue in the range of $985 million to $1.01 billion. Syntel shares have risen nearly 9 percent since the beginning of the year.

  • NEW YORK, April 23- When Dallas mom Jan Valecka's twins hit that contentious tween age, the rite of passage she dreaded most was a relatively new one: when to get them cell phones. A quarter of U.S. 8- and 9- year-olds now have them, according to the 2015 Parents, Kids& Money survey by Baltimore money managers T. Rowe Price. And a new study from Pew Research Center discovered...

  • Medidata beats Street 1Q forecasts Thursday, 23 Apr 2015 | 7:22 AM ET

    NEW YORK _ Medidata Solutions Inc. on Thursday reported first-quarter net income of $157,000, after reporting a loss in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share. Six analysts surveyed by Zacks expected $91 million.

  • HONG KONG, April 23- Chinese telecom gear manufacturer ZTE Corp has published a letter accusing Huawei Technologies Co Ltd of copying its camera technology and threatened legal action, a sign that smartphone patent battles have begun in earnest in China. Patent battles among Chinese smartphone manufacturers are expected to rise in the wake of Qualcomm Inc's...

  • Pace $2.1B takeover extends tax inversion deals Thursday, 23 Apr 2015 | 3:04 AM ET
    Pace DZX3000

    Pace, the world's largest maker of TV set-top boxes, has agreed a $2.1 bn takeover by Arris, a US networking equipment maker.

  • Cost of Galaxy's battle against iPhone on the rise Thursday, 23 Apr 2015 | 2:45 AM ET

    By Se Young Lee SEOUL, April 23- Samsung Electronics has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple's premium branding. The 64- gigabyte model of the Galaxy S6 edge costs $290.45 to make, according to IHS Technology.

  • New Pentagon strategy warns of cyberwar capabilities Thursday, 23 Apr 2015 | 12:00 AM ET

    PALO ALTO, Calif.— A new Pentagon cybersecurity strategy lays out for the first time publicly that the U.S. military plans to use cyberwarfare as an option in conflicts with enemies. And on Thursday, Defense Secretary Ash Carter revealed for the first time that the Pentagon uncovered a breach by Russian hackers into an unclassified defense computer network...