A Verizon iPhone is not yet a done deal. Still, anticipation remains high.
Of the five Ferrari 458 Italia supercars that combusted worldwide, two caught fire in China, highlighting the number of people in China who will pay $550,000 for a car.
Some Japanese hope the news that China's economy has bumped Japan's as the world's second largest will serve as a wake-up call. Most Japanese knew this day was inevitable.
BP oil spill: The New York Federal Reserve is investigating Wall Street firms' exposure to the oil company, in the event BP goes bankrupt over the Gulf oil spill.
Virtually everyone agrees that BP should pay the costs of the Gulf oil spill – rather than US taxpayers.
President Obama wants BP to set aside more money for its Gulf oil spill liabilities. Rising estimates of cleanup costs are putting financial pressure on the firm.
In response to the BP oil spill, House Speaker Pelosi called on Friday for lifting a cap on economic damages that firms can face after an oil spill.
Money is talking loudly to BP, even without President Obama’s recent threat to 'kick' the company’s backside. The financial imperative is visible in BP's stock price, which has fallen by roughly half.
The Greek debt crisis continued to roil European debt markets on Wednesday after a leading rating agency cut the country's debt status to junk. While short term aid to Greece is a near certainty, economists warn that more international cash – and painful political steps in Athens – will be needed.