Alternative fuel systems maker Quantum Technologies Inc. said Wednesday it has agreed to acquire Canadian renewable energy provider Schneider Power Inc. for stock valued at about $20 million.

Metro-Goldwyn-Mayer, the famed film studio that is considering selling itself, has sent confidentiality agreements to about 20 interested parties including Time Warner  and News Corp , sources familiar with the matter said on Tuesday.

A rebound in purchases of personal computers worldwide will lead to a 2.8 percent increase in shipments this year, driven by sales of netbooks, according to a technology research firm.

If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over.

When the apocalypse comes, China will save the world.

Shares of Sony Corp fell to their lowest in nearly four months on Friday after the electronics maker announced a new business strategy that failed to encourage investors of its growth prospects.

A private forecast of economic activity over the next six months edged up less than expected in October, signaling slow, bumpy growth next year.

The number of U.S. workers filing new applications for jobless insurance was unchanged last week, but the four-week moving average of claims dropped to its lowest in almost a year.

Analysts expect a private forecast of U.S. economic activity rose for the seventh straight month in October, a sign the recovery will continue next year although probably at a plodding pace.

Disaster movie "2012" wreaked even more havoc at the box-office than expected, Columbia Pictures said on Monday, taking in $230.4 million worldwide on its opening weekend.

Disaster swept the world during the weekend as the apocalyptic movie "2012" registered the biggest opening for a non-franchise movie.

Struggling movie studio Metro-Goldwyn-Mayer Inc. is looking for a buyer.

Shares of Nordstrom Inc. dropped after the upscale department store said it had increased its provision for credit losses and issued a guidance that assumes continued "stagnant" consumer spending, at least one analyst said, perhaps disappointing investors hoping for a strong recovery in sales.

The sharp decline in U.S. video game sales the NPD Group reported Thursday were not surprising, and analysts widely expect sales to pick up in November.

Sales of video game equipment and software in the United States tumbled 19 percent in October to $1.07 billion, research group NPD said on Thursday, troubling figures as the industry heads into the most important selling weeks of the year.