News Archive

More volatility seen with hurricane, payrolls

Wall Street is set for another volatile week after the Labor Day holiday, as investors track the price of oil, key economic data and continued fallout from t...>
Posted in Business
Added on August 30, 2008

Personal Income Off 0.7% As Spending Lags Inflation

Consumers put the brakes on spending while personal income plunged in July, the Commerce Department said Friday, as the effect of rebate checks faded and infla...>
Posted in Business
Added on August 30, 2008

Consumer spending flags, but confidence rises

Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this mont...>
Posted in Business
Added on August 30, 2008

Stocks tumble as Dell warns on tech spending

U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending....>
Posted in Business
Added on August 30, 2008

Palin, drilling advocate, spars with oil companies

Alaska Gov. Sarah Palin is seen as a strong advocate for opening new areas to oil drilling, including the Arctic National Wildlife Refuge, but has taken a ha...>
Posted in Business
Added on August 30, 2008

Electric fault spurs big GM recall

General Motors Corp is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to f...>
Posted in Business
Added on August 30, 2008

Lenders mulling new offer in Alabama debt standoff

Alabama's Jefferson County and lenders pulled back from the brink of a threatened bankruptcy filing on Friday after the county proposed restructuring $3.2 bi...>
Posted in Business
Added on August 30, 2008

Stocks end lower on personal income data

Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowe...>
Posted in Business
Added on August 30, 2008

Want IE8 Beta 2? You May Have To Jump Through Hoops

Microsoft warned developers preparing to download the new Beta 2 release of Internet Explorer 8 that under certain conditions those who have already installed ...>
Posted in Internet
Added on August 30, 2008

Comcast Limits Homes To 250GB in New Public Policy

Comcast has made it official: Home Internet service customers are limited to 250GB of data per month. According to the company, the move is in response to heav...>
Posted in Internet
Added on August 30, 2008

Microsoft buys ciao.com to boost e-shopping search

Microsoft has agreed to buy Greenfield Online, owner of popular European price comparison website ciao.com, for about $486 million to boost its Internet searc...>
Posted in Internet
Added on August 30, 2008

Veoh Decision May Not Let Google Off the Hook

In a first-of-its kind decision, a California federal court has dismissed a copyright-infringement lawsuit against online video-sharing site Veoh Networks. IO ...>
Posted in Internet
Added on August 30, 2008

CSI Stick grabs data from cell phones

If someone asks to borrow your cell phone, or you leave it unattended, beware! Unless you actually watch them use it, they may be secretly grabbing every piece...>
Posted in Technology
Added on August 30, 2008

Apple Won't Fix iPhone Passcode Hole Until September

The latest iPhone embarrassment is a security hole that makes it simple to access stored data on supposedly locked iPhones. Apple said Thursday that a software...>
Posted in Technology
Added on August 30, 2008

Speculation Focuses on iPhone Tethering Approval

Having banned from its App Store an application that turned an iPhone 3G into a wireless modem, is Apple ready to enable just such an application itself?...>
Posted in Technology
Added on August 30, 2008

IEEE 802.11r Roaming Standard Quietly Approved

The IEEE standards body quietly published the 802.11r roaming specification last month, allowing handoffs between Wi-Fi access points in the same way cellular ...>
Posted in Technology
Added on August 30, 2008

Psystar: Apple Is a Monopoly, Countersuit Claims

Psystar representatives said they filed a countersuit against Apple on Thursday, arguing that a market could exist for third-party Mac clones, if not for the l...>
Posted in Technology
Added on August 30, 2008

'iPhone Girl' Photos Shines Light on Worker Conditions

An unnamed girl employed by the Shenzhen plant in China, operated by subcontractor Foxconn Technology Group, has become popular overnight after photos of her a...>
Posted in Technology
Added on August 30, 2008

Nintendo lifts profit, shares soar

Nintendo Co boosted its annual profit outlook by 23 percent on white-hot demand for its Wii video game console and DS portable player, beating market expecta...>
Posted in Business
Added on August 29, 2008

Disappointing Dell earnings, oil weigh on Wall Street

Stocks fell on Friday after the previous session's sharp gains, as the price of oil rose and computer maker Dell posted a surprisingly steep drop in quarterl...>
Posted in Business
Added on August 29, 2008