The Katrina anniversary is all about contrasts. More than one resident has called it a tale of two cities and, as cliched as that phrase may be, it certainly applies here. Unemployment is below the national average, but poverty is twice the national rate.
Hewlett Packard raised its bid for 3Par to $27.00 a share, a value of $1.8 billion on Thursday.
This is a contested situation where you want to maintain being the superior bid. Dell is clearly saying that 3PAR is a strategic asset for the company because of its cloud-based storage.
Wouldn't it be great if you could always know when your favorite products are on sale? Discount retailer Target spacer is rolling out a new technology that aims to do just that.
It's a tall order to transform New Orleans by 2030, but that's the aim of the city's new master plan—five years after Hurricane Katrina hobbled this historic place and the surrounding Gulf coast region.
Here's what analysts and others say they're watching before the bell Thursday.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
These companies should give cash back to shareholders, said Eric Jackson of Ironfire Capital.
Cloud-computing is possibly the biggest disruptive force to hit enterprise technology in years, reports CNBC's Jon Fortt. So how are the tech titans adopting the change?
People will gain a sense of confidence and spend when they get "goods news on the sovereign debt front and a coherent articulation about how we are going to rebuild the economy coming from Washington," Parsons said.
What do you do if you get fired from your job on Wall Street? If you're Josh Wortman, you head off to Ireland to compete in the Olympics of the whiskey world.
Options trader Jon Najarian liked the unusual activity in this stock so much, he broke his finger hitting the buy button. Well, almost.
A master limited partnership (MLP) of ETFs (electronically traded funds), which debuted Wednesday and will be traded on the Big Board, gives investors “liquidity and transparency” and a “tax-free” attractive yield, Kenny Feng, president and CEO of Alerian Capital, told CNBC Wednesday.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Facebook is now worth as much as $33.7 billion based on secondary market transactions, giving the privately held company an implied valuation greater than the market capitalizations of publicly traded internet stalwarts such as Ebay and Yahoo. The FT reports.
Chatroulette, the random video-chatting site that became famous for its X-rated antics, may be getting ready to hit the "next" button. So, is it going to clean up its act?
First there was the dot-com boom — now there’s the cloud explosion.
The business sentiment by 2011's end will be a mixed bag—combining the contraction of 2009 and the slight expansion of 2010—Sir Martin Sorrell, CEO of WPP Group, the world’s largest advertising agency told CNBC Tuesday.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
On the Internet, he was known as BadB, a disembodied criminal flitting from one server to another selling stolen credit card numbers despite being pursued by the United States Secret Service.