World stocks looked set on Tuesday to achieve their best monthly performance in more than six years in March, while commodity prices also rose and the Japanese yen fell. The MSCI World
Britain's top share index rose 2.4 percent early on Tuesday, as miners and energy stocks gained on recovering commodity prices and retailers rallied after a trading update from Marks & Spencer. By
Microsoft Corp has signed up multiple software partners for its upcoming cellphone software marketplace, including Web music service Pandora, game publisher Electronic Arts Inc and social site Facebook. The software company said
Microsoft Corp. is to exit its Encarta encyclopedia business later this year after losing ground over the years to freely available reference material on the Internet on web sites like Wikipedia. "People
Fraud on the Internet reported to U.S. authorities increased by 33 percent last year, rising for the first time in three years, and is surging this year as the recession deepens, federal
Asian stocks edged up on Tuesday and were set to score their biggest monthly rise in a decade as some investors bet the most painful stretch of corporate earnings damage may be
The U.S. recession may be easing, but the economy has not hit bottom yet and mounting unemployment looks likely to keep demand sluggish for a while. A slew of recent data —
Home Depot Inc's Chief Executive Frank Blake took home slightly higher pay in 2008, despite his decision to decline the bonus offered as part of his compensation. Blake's total 2008 compensation was
President Barack Obama seized the wheel of the failing U.S. auto industry on Monday, forcing out General Motors Corp's chief executive, pushing Chrysler LLC toward a merger and threatening bankruptcy for both.
Stocks fell sharply on Monday as the Obama administration raised the specter of bankruptcy for U.S. automakers General Motors and Chrysler and Spain had to rescue regional savings bank CCM. The administration
