WASHINGTON, July 23 (Reuters) – President George W. Bush has an explanation for the housing-market meltdown that has thrown the global economy into turmoil: Wall Street got drunk. "There's no question about
Mobile phone group Vodafone moved quickly to defend its share price on Wednesday, announcing a surprise 1 bln-pound ($2 bln) buyback program after its stock crashed a day earlier on a weaker-than-expected
Both Dow Jones futures and S&P 500 futures were up 0.55% at 0945 GMT, while Nasdaq futures were 71% higher. Stocks on the move after Tuesday's closing bell included savings & loan
Pfizer Inc on Wednesday said second-quarter earnings more than doubled on higher sales of its prescription drugs, lower expenses and overseas sales that were boosted by the weak dollar. The company earned
Britain's top share index rose 1.5% by midday on Wednesday as Vodafone gained after announcing a share buyback programme, while lower oil prices eased inflation fears, lifting banking stocks. By 1032 GMT,
British manufacturers' orders fell in July and business confidence tumbled but price pressures rose at their sharpest rate in more than 18 years, a survey showed on Wednesday. The Confederation of British
One Bank of England policymaker wanted to hike rates this month, another wanted a cut but the remaining seven chose to keep borrowing costs steady as both the inflation and growth outlook
News Corp's MySpace Internet social network will join the OpenID alliance to begin letting its users take their online identity to other sites and social networks without having to register again. The
After the wikipedia, the wikicar. "eCars – Now!" is a Finnish Internet community seeking to apply the collective approach taken by online collaborators like the authors of Wikipedia to start converting used
Microsoft Corp will turn to users of its Xbox 360 to create new video games and broaden the types of games available on its console, taking a page out of the strategy
