Home Depot posts higher-than-expected profit

Home Depot Inc, the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects. Earnings declined to $1.2 bln, or

HP introduces lightweight business laptops

Hewlett-Packard Co has announced a line of portable lightweight computers aimed at business travelers to compete with a product range announced by rival Dell Inc last week. HP said on Monday that

Xbox 360 beats PS3 in Japan

Microsoft Corp's Xbox 360 beat Sony Corp's PlayStation 3 in Japan weekly sales for the first time two weeks ago, riding robust demand for a recent Xbox 360 title produced by Namco

Slower global demand could hurt Dell, HP

Fears that emerging market demand for Dell Inc and Hewlett-Packard Co technology products will slow and that the U.S. dollar will strengthen in the remainder of the year may overshadow earnings in

Large U.S. bank collapse seen ahead

The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former