Asian stock markets shrugged off a positive lead from Wall Street to trade mixed on a data-light Monday. In Malaysia, AirAsia was down 8.5 percent early Monday, after briefly opening down nearly 12 percent.» Read More
While the video game industry has proved relatively resistant to the recession so far, the CEO of GameStop, the industry's largest specialty retailer, says lowering the price of the leading three consoles is necessary to keep momentum going.
When negotiations over the revamping of Caterpillar’s operations in the French city of Grenoble broke down this week, the workers did what more and more of their countrymen are doing these days: They took their bosses hostage.
In a new threat to Detroit, China is investing heavily in hybrid and electric-vehicle technology.
The opening rounds of the Sony Ericsson Open kick off next Thursday in Key Biscayne, Fla. It’s the largest tennis tournament outside the four slams.
Stocks looked set to extend losses at the opening bell Friday, with financial stocks still struggling in global markets and the administration and lawmakers grappling with the fallout over bonuses paid out at American International Group.
Did the Fed just begin a currency war, where nations basically throw money at one another just to boost exports?
The company continues to breach contracts as its assets are frozen due to the SEC probe and that means that anyone that has a deal with Stanford can disassociate from the firm.
Options traders are snapping up calls as Disney bounces off a new 52-week low today.
Citigroup plans to sell its 26 percent stake in Japanese online broker Monex Group as part of the struggling U.S. bank's global efforts to raise cash, the Yomiuri newspaper reported on Friday.
Shares of Sony closed half a percent lower Monday after the electronics maker said CEO Howard Stringer would double up as president and directly oversee the electronics division at the centre of its problems.
Sony sent a message of change Friday in centering power in Chief Executive Howard Stringer, who will also become president and gain greater say over its core electronics business as Japan's iconic electronics maker tackles a painful global slump.
The third most popular topic of discussion these days — after layoffs, of course, and unscrupulous money managers that create near-worthless portfolios for their investors — is out-of-control executive compensation.
U.S. Internet search company Google Inc released software on Wednesday that allows users of mobile phones and other wireless devices to automatically share their whereabouts with family and friends.
Last month the music industry and Apple, long uneasy partners, seemed a picture of harmony when they agreed on new terms for pricing on iTunes, Apple’s online music store. Behind the scenes, however, the relationship remains as tense and antagonistic as ever.
Despite the deepening recession, Hollywood is bucking the trend and actually breaking records on the upside.
I’m so behind in opening up my mail, I must have 60 new books I still need to look at, but I did open one package today from McGrawHill. Inside, Robert Slater’s newest book, “SOROS: The World’s Most Influential Investor.”
Stocks are on their longest winning streak since November, and the question is how quickly will investors decide to sell the rally.
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With the big game just around the corner, here are some more companies that are primed for big business on the back of Super Sunday...
Stocks are modestly higher – but don’t let that fool you, as many companies reported that the sluggish economy is clearly taking its toll on their operations and will continue to significantly put pressure on their results this year.