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  • RIM to Pay Nokia to Settle Patent Dispute Friday, 21 Dec 2012 | 4:29 AM ET
    Nokia Chief Executive Stephen Elop stands with Steve Ballmer, Chief Executive Officer of Microsoft, during the introduction of the new Nokia Lumia 920 and 820 Windows smartphones.

    Struggling Finnish mobile phone maker Nokia has settled its patent dispute with BlackBerry maker Research in Motion in return for payments, as it tries to exploit its trove of technology patents to boost its finances.

  • Madoff's Younger Brother Sentenced to 10 Years Thursday, 20 Dec 2012 | 6:06 PM ET
    Bernard Madoff

    Peter Madoff will serve 10 years in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.S. judge said Thursday.

  • Brent Ends Above $110 After US Growth Data Thursday, 20 Dec 2012 | 3:49 PM ET

    Oil overcame early selling pressure, inching above $110 a barrel on Thursday, as investors reacted to mixed U.S. economic data and the ongoing stalemate on U.S. budget talks.

  • Ericsson to Take $1.2 Billion Charge on STMicro Venture Thursday, 20 Dec 2012 | 5:58 AM ET

    Ericsson, the world's biggest telecom network equipment maker, will take an 8 billion crown($1.2 billion)charge on its ST-Ericsson venture.

  • Gold Settles Below $1668, Data Fails To Inspire Wednesday, 19 Dec 2012 | 4:36 PM ET

    Gold stalled on Wednesday, within sight of an almost four-month low as signs of progress in the U.S. fiscal talks that dented bullion's safe-haven appeal.

  • Fitch Warns US Could Lose AAA If 'Fiscal Cliff' Hits Wednesday, 19 Dec 2012 | 5:55 AM ET

    Ratings firm Fitch warned on Wednesday there was an increased likelihood it would strip the U.S. of its triple-A status if Washington does not prevent $600 billion of spending cuts and tax hikes from kicking in early next year.

  • Toyota Hit With Record Fine for Delay in US Recall Tuesday, 18 Dec 2012 | 10:17 AM ET

    Toyota Motor has been ordered to pay a record fine of $17.35 million for failing to report a safety defect to the U.S. government in a timely manner, the U.S. Department of Transportation said.

  • swiss-francs-closeup_200.jpg

    The Swiss National Bank is opening a branch in Singapore to allow for round-the-clock management of its foreign exchange reserves, which it needs to tap to defend the safe-haven franc from over-heating.

  • GE Expects Higher 2013 Sales Despite 'Cliff' Fears Monday, 17 Dec 2012 | 5:26 PM ET
    FILE-  This Dec. 2, 2008, file photo, shows a General Electric (GE) logo on display at Western Appliance store in Mountain View, Calif. (AP Photo/Paul Sakuma, File)

    GE expects revenue to be flat to up 5% in 2013 despite "fiscal cliff" fears. However, there's one area the company expects double-digit growth.

  • Egyptians Narrowly Back Constitution, Say Rivals Sunday, 16 Dec 2012 | 6:22 AM ET

    Egyptians voted narrowly in favor of a constitution shaped by Islamists but opposed by other groups who fear it will deepen divisions, officials in rival camps said on Sunday.

  • Signaling new movement in "fiscal cliff" talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.

  • Egyptians Vote on Divisive Constitution Saturday, 15 Dec 2012 | 6:55 AM ET

    Egyptians stood in line to vote on Saturday on a constitution promoted by its Islamist backers.

  • Apple shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception and two analysts cut shipment forecasts.

  • Europe's Leaders Promise Further Steps to Quell Crisis Thursday, 13 Dec 2012 | 10:46 PM ET

    Europe's leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day after clinching a deal on banking supervision and approving long-delayed aid to Greece.

  • CVS Caremark Expects to Reap Benefits from Obamacare Thursday, 13 Dec 2012 | 9:15 AM ET

    CVS Caremark is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail or stopping by an in-house MinuteClinic for a checkup.

  • OPEC Agrees to Keep 30 Million Bpd Oil Target: Delegates Wednesday, 12 Dec 2012 | 7:39 AM ET

    OPEC agreed on Wednesday to hold its oil production limit unchanged at 30 million barrels a day, delegates at the meeting said. Ministers of the Organization of the Petroleum Exporting Countries continued in closed session to debate who should be the group's next secretary general. They were divided over candidacies from Saudi Arabia and Iraq.

  • Distrust in Congress Complicates 'Cliff' Talks Monday, 10 Dec 2012 | 6:57 AM ET

    President Barack Obama and his Republican opponents in Congress enter a crucial week in the "fiscal cliff" impasse with more than just differences over taxes to bridge.

  • Greece Extends Debt Buyback for Extra Day Monday, 10 Dec 2012 | 4:05 AM ET
    Angela Merkel and Antonis Samaras

    Greece will extend a debt buyback that forms part of its international bailout for an extra day to receive additional offers from bondholders, a government official said on Monday.

  • American International Group Inc.'s (AIG) building located at 72 Wall Street in New York, U.S.

    American International Group has agreed to sell nearly all of its ILFC airplane leasing business to a Chinese consortium for up to $4.8 billion.

  • Is China's Economy Now in a Sweet Spot? Sunday, 9 Dec 2012 | 2:52 AM ET
    china-factory-worker.jpg

    Growth in China's factory output and retail sales hit an eight-month high in November as consumer inflation bounced off 33-month lows in the latest sign that its economy is snapping out of a protracted slump.