There are more rumors -- or news, based on the credibility of the reports -- that Amazon.com (NASDAQ: AMZN) has signed up suppliers in Asia to build a smartphone. The ... Read Full Story »
Spain has decided the only way to tackle its budget deficit is via extremely sharp expense cuts coupled with a more modest move to increase taxes. Prime Minister Mariano Rajoy says his ... Read Full Story »
Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), ... Read Full Story »
Mortgage bank Countrywide used its VIP loan program to influence Congress. (Reuters) The search for a CEO for Yahoo! (NASDAQ: YHOO) narrows to interim chief Ross Levinsohn and Jason Kilar ... Read Full Story »
Bloomberg reports that Amazon.com (NASDAQ: AMZN) may launch a smartphone, which would mean the world's largest e-commerce company would join the mobile phone sector just after Microsoft (NASDAQ: MSFT) and Google ... Read Full Story »