News
White House Warns On Mar. 1 Budget Cut Impacts
With five days left before $85 billion is slashed from U.S. government budgets, the White House issued more dire warnings about the harm the cuts will do to Americans, breaking down the loss of jobs ...HP Launches Slate 7, Eyes Tablet Comeback
Hewlett-Packard Co. announced the launch of a $169 tablet powered by the Android operating system, a centerpiece of the company's effort to expand in mobile devices and reduce its dependence on the ...Einhorn Scores Legal Victory Vs. Apple
A U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his battle with Apple Inc. on Friday, blocking the iPhone maker from moving forward with a shareholder vote on a ...Boeing Proposes 787 Battery Fix To FAA: Sources
On Friday, Boeing Co. gave U.S. aviation regulators its plan to fix the volatile battery aboard its new 787 Dreamliner, even though investigators have not yet determined what caused the batteries to ...Euro Zone Economy To Shrink Again In 2013; Recession Persists
The euro zone will not return to growth until 2014, the European Commission said on Friday, reversing its prediction for an end to recession this year and blaming a lack of bank lending and record ...Moody’s Cuts UK’s Aaa Credit Rating
Moody's Investors Service on Friday cut the United Kingdom's credit rating to Aa1 from Aaa, citing weakness in the nation's medium-term growth outlook that it now expects to extend for a number of ...Court Date Coming For U.S. Gulf Coast Oil Spillers
Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face ...