Back in August, Google Inc. (NASDAQ: GOOG) said it would cut 4,000 Motorola Mobility workers, or 20% of the workforce, as the company shifted away other handset development in order to focus on making…
courtesy Facebook Inc.Facebook Inc. (NASDAQ: FB) users will be able to see how well they promote themselves, events or other important information across the social network. But it will cost money — about $7 per for…
Nokia Corp. (NYSE: NOK) is about to get a boost from AT&T Inc. (NYSE: T). Reports indicate the huge wireless service network will launch the new Lumia 920 and 820 smartphones. Each runs on…
Macau gambling revenue came in short of expectations. Macau has become the Mecca of gaming firms as activity has slowed, particularly in places like Las Vegas and Atlantic City. Macau’s government said revenue rose…
Netflix Inc. (NASDAQ: NFLX) surged this morning in the wake of Citigroup analyst Mark Mahaney late Tuesday reiterating a Buy rating. Reasons for the rating included “a highly reasonable valuation, a generally positive execution…
So the boards of Deutsche Telekom and MetroPCS Communications Inc. (NYSE: PCS) have approved a deal for a merger of the latter with the former’s U.S. subsidiary, T-Mobile USA. The deal will give the…
The drop in gasoline prices is over for now. The average per-gallon price of regular nationwide, according to the AAA Fuel Gauge, was $3.782, compared to $3.780 the day before and $3.805 a month…
Interbrand has released its “Best Global Brands of 2012,” which contains no surprises. Coca-Cola Co. (NYSE: KO) remains at the top of the list with a brand value of $77.8 billion. Apple Inc.’s (NASDAQ:…
Infamous bank analyst Dick Bove believes that banks are treated so badly by the State of New York that they should abandon the location and move to alternate places. After the New York Attorney General filed…
nationsonline.orgFewer new orders and increasing layoffs marked a worsening decline for eurozone companies last month, diminishing hopes that the region’s economy would return to growth in the fourth quarter. Markit’s Eurozone Composite Purchasing Managers Index (PMI)…
The Wall Street Journal reported this morning that Apple Inc.’s (NASDAQ: AAPL) Asian component suppliers have begun production of a new tablet computer that is smaller than the latest iPad model that came out…
The Wall Street Journal reports that some former Nokia Corp. (NYSE: NOK) employees have raised 200 million euros ($257.8 million) from several telecommunications companies to launch a new mobile operating platform based on discarded…
Shares of Express Inc. (NYSE: EXPR) have plummeted in premarket trading after the specialty retailer forecast a third-quarter profit of $0.16 to $0.20 cents per share. That is well off the Wall St. estimate…
The National Retail Federation believes there will be a surge in holiday activity. Its forecast is particularly optimistic in light of worries about the fiscal cliff, an apparent slowing of the number of companies…
The Boeing Co.Boeing Co. (NYSE: BA) lost a round in its effort to settle labor issues with its engineers. The Society of Professional Engineering Employees in Aerospace said that more than nine in 10…
Despite efforts by Apple Inc. (NASDAQ: AAPL) to shut down the sales of the Samsung Galaxy Tab 10.1 in the United States, a court has decided that Samsung should not be prevented from doing so. Reuters…
Wikimedia CommonsMacy’s Inc. (NYSE: M) has announced that it plans to hire approximately 80,000 seasonal associates for its Macy’s and Bloomingdale’s stores for the 2012 holiday season. That would be an increase of about…
Workday Inc., which provides cloud-based human resource software, says it expects to offer 22.75 million Class A shares of common stock in its upcoming initial public offering at an estimated price of $24 to…
Ceradyne Inc. (NASDAQ: CRDN) shares jumped in premarket trading after 3M Co. (NYSE: MMM) announced that it plans to acquire the Costa Mesa, Calif.-based maker of ceramic products for about $860 million. The $35…
The Economic Times reported today that Apple Inc. (NASDAQ: AAPL) may be evaluating opening its own stores in India. The iPhone and iPad maker currently supplies its products to Indian consumers through partnerships with…