Sony announces a new music and video download website that aims to go head-to-head with Apple, which just unveiled updates to iTunes along with a new line of iPods.
The ex-CEO of Lehman said he did not foresee the 'depth and violence' of the financial crisis that sank the firm.
Shares of Burger King soar following reports of a possible sale of the fast food chain to private equity firms.
The luxury retailer's shares rallied on talk that several private equity firms in the U.S. and the U.K. are close to making a $1.7 billion buyout offer.
The chipmaker's agreement to buy semiconductor maker Infineon gives it a valuable foothold in the smartphone market.
As Internet-based movie rental services erode Blockbuster?s business, the chain may file for bankruptcy as early as next month.
Prices of the 'crisis currency' have been edging toward new record highs as investors look for safety amid economic uncertainty.
The luxury homebuilder posted its first quarterly profit in three years, netting more than $27 million in the third quarter.
The Japanese currency hit a 15-year high against the dollar, a 9-year high against the euro, and a 3-month high against the pound.
Hewlett Packard offers $1.6 billion to acquire the online data storage company, 33% more than Dell's bid.
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