Oil Price Falls From Record as London Blasts Threaten Economic Growth

April 24th, 2009 Microsoft CEO expects slow economic recovery COLOGNE, Germany — Microsoft CEO Steve Ballmer said Friday that the company expects to have to deal with a weak economy for at least the next several years. Speaking at a forum on "Interfacing Media Future" in Cologne, Ballmer said Microsoft does not expect any quick economic recovery.

September 21st, 2009 Leading economic indicators rise in AugustNEW YORK — A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference's Board leading indicators point to an economy on solid ground early next year, though some analysts caution that a rising unemployment rate will restrain growth.

July 18th, 2009 CIT Group falls off S&P 500 indexNEW YORK — Standard & Poor's is replacing the struggling CIT Group Inc. with software maker Red Hat Inc.

September 21st, 2009 Stocks lower after economic forecast misses markNEW YORK — A worse-than-expected economic forecast is sending stocks lower in early trading. The Conference Board says its index of leading economic indicators increased 0.6 percent in August, slightly less than the 0.7 percent increase expected by economists.

February 15th, 2005 An interesting technology to keep an eye on. Off-the-Record Messaging Off-the-Record (OTR) Messaging allows you to have private conversations over instant messaging by providing: Encryption No one else can read your instant messages.

September 16th, 2009 Analyst upgrades VanceInfo, raises estimatesNEW YORK — Shares of offshore software developer VanceInfo Technologies Inc. surged 10 percent Wednesday after an analyst upgraded the company's shares and raised his estimates citing strong demand from telecommunications companies.

September 21st, 2009 Energy, material stocks lead market declineNEW YORK — More dealmaking and a favorable economic forecast weren't enough to carry stocks higher Monday as markets around the globe cooled from a recent surge. The Dow Jones industrials and the Standard & Poor's 500 index lost about 0.8 percent in early trading.

March 26th, 2009 NEW YORK - US computer firm IBM plans to lay off 5,000 workers in its service area in the US, and outsource the majority of them to India, the US business daily Wall Street Journal reported Thursday, citing an insider. At year's end IBM employed around 400,000 people worldwide, with the Wall Street Journal reporting that the company had laid off around 4,600 workers in areas of software, sales and semiconductors at the start of the 2009.

September 23rd, 2009 Engadget blog: Wii nears price cut by $50 to $200NEW YORK — A $50 price cut may be imminent for Nintendo's popular Wii gaming console. Tech blog Engadget said in a posting late Tuesday that the Wii, which has cost about $250 since its 2006 launch, will see its price drop to $200 beginning Sunday.

September 16th, 2009 Stocks jump as industrial production risesNEW YORK — Stocks picked up steam Wednesday as strength in industrial production gave investors new reason to wager that the economy is recovering. A third day of gains by General Electric and an advance by International Business Machines helped lift the Dow Jones industrial average 85 points in the final hour of trading.

August 28th, 2009 Stock futures point toward higher openNEW YORK — Stock futures extended their gains Friday, pointing to a higher open as Intel Corp. raised its revenue guidance for the third quarter.

August 3rd, 2009 Openwave down 10 percent on analyst downgradeNEW YORK — Shares of mobile technology software maker Openwave Systems Inc. fell more than 10 percent Monday after an analyst downgraded the shares on disappointing earnings results and an unclear turnaround plan.

September 26th, 2009 The Chief Executive Mark Hurd of Hewlett Packard Co told an audience at the company's yearly analyst meeting on Thursday that IT industry is going to witness growth during the year 2010. The IT spend is expected to bounce back during the next fiscal year.

September 21st, 2009 US stocks look to fall at open after run-upNEW YORK — U.S. stock futures are signaling a lower opening Monday on Wall Street as markets around the globe fell, pausing from a recent surge.

July 13th, 2009 Offer puts value of at least $6.5B on FacebookNEW YORK — How much is Facebook worth? A Russian investment firm appears to put it at $6.5 billion to $10 billion. The investment group, Digital Sky Technologies, said Monday it will buy up to $100 million worth of Facebook shares from current and former employees.