The UK says it will not contribute to a new IMF-based 150 billion euro package for use in bailing out regional economies. The UK government senses that as it pushes it own austerity to…
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares to Sony…
Markets across the world mostly rose. They ignored potential trouble from succession issues in North Korea and a spread of the eurozone debt problem. North Korea seems stable for now. A new IMF…
Douglas A. McIntyre AT&T (NYSE: T) has ended its quest to buy No.4 US cellular company T-Mobile for $39 billion. It will pay T-Mobile parent Deutsche Telekom a $4 billion break-up fee. The future of…
Spending on advertising barely showed a pulse in the third quarter of 2011, growing by just 0.4%, according a report from Kantar Media cited in The New York Times. Spending growth has…
Fitch is skeptical that European Union officials can solve the sovereign debt crisis. (Reuters) The rising U.S. deficit could undermine health care reforms. (Reuters) The S&P 500 may not close in the…
The 24/7 Wall St. 2012 Model Portfolio has been on a roll with dividend hikes, ahead of plan in some cases. AT&T Inc. (NYSE: T) is one we have felt offers better risk-reward…
Nokia (NYSE: NOK) has returned to the U.S. smartphone market. Unfortunately, its partner is also-ran wireless provider T-Mobile. That will make it very difficult for the smartphone to get adoption. Experts already…
Its struggle against the federal government to gain acceptance of its high-speed internet product is nearly over. LightSquared, the ambitious national wireless provider, is doomed. In an announcement, the company praised the National…
The National Retail Federation increased its forecast for holiday sales to 3.8%, which would mean a total of $469 billion for November and December. That is up from its earlier 2.8% prediction. The…
Nokia (NYSE: NOK) brought the first of its new generation of it smartphones to the US as its launched its Lumia 710 with T-Mobile. The handset will cost $50 with a subscription…
A new smartphone from Nokia Corp. (NYSE: NOK) using the Windows Phone operating system from Microsoft Corp. (NASDAQ: MSFT) is reportedly being tested by the two largest US wireless carriers for use…
Officials at CME Group (NASDAQ: CME) have given the Justice Department documents that may prove former MF Global CEO Jon Corzine knew his firm lent customer money to its operations in Europe. Corzine had…
Have you been hit or almost been hit by a car driver talking on their cellphone? Thousands of Americans have died as a result of phone-use related accidents. Thousands more have been…
Congress, close to a budget agreement, may avoid a government shutdown. (Reuters) Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters) The policy meeting of…
