The U.S. employers cut payrolls for a third month in a row in March, slashing 80,000 jobs for the biggest monthly job decline in five years as the economy headed into a
As Sprint continues to rapidly build out its XOHM WiMAX Broadband Network, Nokia Siemens Networks’ Subscriber Data Management (SDM) solution will enable Sprint to offer its customers a higher level of personalized
Nokia announced that Source Interlink Media, a leading vertically integrated magazine publisher with more than 75 titles, has joined the global Nokia Media Network, a mobile advertising network comprised of blue-chip publishers,
For the second time this week, a senior Federal Reserve official conceded the United States economy could slip into recession, but suggested the central bank should wait to see if more rate
Pressure on beleaguered Swiss bank UBS AG Â to break up intensified as activist investor and former chief executive Luqman Arnold demanded to meet UBS’ board and shake up its governance and structure.
The $166 bln merger that created Citigroup Inc  in 1998 was a mistake that failed to benefit the company’s investors, John Reed, one of the deal’s masterminds, told the Financial Times. Reed,
Nintendo Co Ltd’s Wii game console outsold Sony Corp’s PlayStation 3 by 3-to-1 in Japan in March but its DS handheld machine fell behind the PlayStation Portable for the first time in
March Networks launched VideoSphere – a next-generation video management solution that enables organizations to maximize investments in existing video infrastructure as they make the transition to all-IP video. With VideoSphere, customers benefit
Federal Reserve Chairman Ben Bernanke on Wednesday conceded for the first time the U.S. economy may slip into recession, but said growth should pick up later this year as the impact of
Bear Stearns as facing bankruptcy on March 14 without a major liquidity injection and U.S. regulators acted to save the company with the broader market in mind, a senior Treasury official will
