An $85 billion government rescue of insurer American International Group Inc looked increasingly likely on Tuesday to stave off a bankruptcy that would have thrown world markets back into turmoil. The Federal
Amazon.com said on Monday that its subsidiary, Internet Movie Database, would allow users to watch feature films and TV shows for no charge on its website, imdb.com. Over 6,000 titles will be
U.S. consumer prices dropped 0.1 percent in August, the first decline in nearly two years as energy costs fell in a sign that a slowing global economy is relieving some inflation pressures,
Investors dumped equities, oil and emerging market assets on Tuesday, unleashing a panic rush to secure short-term cash as the financial turmoil escalated a day after Lehman Brothers collapsed. A global exodus
Quarterly profits at top U.S. investment bank Goldman Sachs slid 70 percent on and shares in Britain's HBOS plunged by about a third as financial sector carnage snowballed beyond insurer AIG. The
Asian stocks dropped, with markets in Japan and Hong Kong down 5 to 6%, and government debt prices climbed on Tuesday, on investor fears that trouble at American International Group will spread
Future Sony Ericsson phones launched under its new Xperia brand may not be based on Microsoft Windows, the handset maker said at the launch of its digital marketing campaign for the Xperia
A deal by Google Inc and Yahoo Inc to share some advertising revenue will mean less money for newspapers and weaken Yahoo in the long run, the World Association of Newspapers said
A four-foot-long helicopter flew itself over the Stanford University campus on Monday in a test of artificial intelligence that researchers say could be used to scout wildfires or on military missions. The
The recently ousted chief executives of Fannie Mae and Freddie Mac are eligible for the pensions and 401k savings plans they built up while working for the mortgage giants, The Wall Street
