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Sprint to support Google's Nexus One smartphone

Technology News - 17 March, 2010 - 19:30
NEW YORK (Reuters) - Google Inc's Nexus One smartphone will soon be available to subscribers of Sprint Nextel Corp, the second U.S. wireless service provider to announce an agreement to support the touchscreen phone.

Bernanke defends Fed's small bank supervision role

Business News - 17 March, 2010 - 19:23
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday fought back against a plan to strip the Fed of its oversight of smaller banks, saying the knowledge it gains from that role is vital to monetary policy.


Energy, financial shares push Wall St higher

Business News - 17 March, 2010 - 19:06
NEW YORK (Reuters) - Stocks climbed on Wednesday, pushing the Dow to a recovery high, after a benign February inflation reading buttressed the Fed's renewed vow of low interest rates.


Cybersecurity bill introduced in Senate

Technology News - 17 March, 2010 - 18:57
WASHINGTON (Reuters) - A new version of a cybersecurity bill was introduced in the Senate on Tuesday that may eliminate some opposition to the measure from the tech industry.

Folding plug wins UK design award

Business Video News - 17 March, 2010 - 18:47
Mar. 17 - Royal College of Art graduate Min-Kyu Choi has won the Brit Insurance 2010 Design of the Year award for his radical take on the standard three-pin UK plug. top honour at the UK Design Awards.

Folding plug wins UK design award

Technology Video News - 17 March, 2010 - 18:47
Mar. 17 - Royal College of Art graduate Min-Kyu Choi has won the Brit Insurance 2010 Design of the Year award for his radical take on the standard three-pin UK plug. top honour at the UK Design Awards.

Boston Sci could resume ICD sales within 30 days

Business News - 17 March, 2010 - 18:31
CHICAGO (Reuters) - Boston Scientific Corp. could be selling implantable heart rhythm devices again within 30 days if no new issues arise beyond the paperwork problems revealed this week.


SEC says Lehman report will be helpful

Business News - 17 March, 2010 - 18:23
WASHINGTON (Reuters) - A Lehman Brothers bankruptcy examiner's report will help securities regulators in their investigation of large financial firms involved in the Wall Street meltdown, a top regulator said on Wednesday.


China a currency 'Manipulator'?

Business Video News - 17 March, 2010 - 18:21
Mar. 17 - Reuters Breakingviews editor Edward Hadas says the "currency manipulator" label may be China's best option for now.

China unyielding on yuan as U.S. raises pressure

Business News - 17 March, 2010 - 18:07
WASHINGTON/BEIJING (Reuters) - China on Wednesday rejected criticism of its exchange rate policies and said it was being made a "scapegoat" after the U.S. Congress threatened to slap duties on Chinese goods unless it revalues its yuan.


Business Update: PPI falls

Business Video News - 17 March, 2010 - 17:47
Mar 17 - Stocks got a boost from new evidence inflation at the wholesale level remains under control. Bobbi Rebell reports.

Business Update: Porsche profit down

Business Video News - 17 March, 2010 - 17:47
Mar. 17 - Opec ministers decide not to change oil output targets they are already exceeding - anticipating demand will pick up later in the year to mop up extra barrels.

GM CFO sees chance for profit, IPO in 2010

Business News - 17 March, 2010 - 17:18
DETROIT (Reuters) - General Motors Co has a "reasonable chance" to show a profit in 2010 and could sell shares by late this year though it has no timetable for an IPO that would reduce the U.S. government's majority stake, Chief Financial Officer Chris Liddell said on Wednesday.


Producer prices post biggest drop in 7 months

Business News - 17 March, 2010 - 17:18
WASHINGTON (Reuters) - Producer prices in February posted their biggest fall in seven months as energy costs tumbled, validating the Federal Reserve's decision to hold interest rates very low on evidence of tame inflation.


Regulators worry over cracks in financial reforms

Business News - 17 March, 2010 - 17:17
LONDON/BRUSSELS - (Reuters) - Top officials warned policymakers on Wednesday to avoid hurting global efforts to toughen up financial regulation as differences emerge over derivatives speculation, hedge funds and bank capital.


Lehman gets OK to delay disclosure statement

Business News - 17 March, 2010 - 17:05
NEW YORK (Reuters) - A bankruptcy judge said Lehman Brothers Holdings Inc could delay until mid-April filing a detailed disclosure statement for its proposed plan to end its bankruptcy.


Internet piracy taking big toll on jobs

Technology News - 17 March, 2010 - 17:02
BRUSSELS (Reuters) - Plenty of people download music from the Internet every day, but illegal downloading has a huge economic impact and could put more than one million people out of work by 2015, experts say.

First of several job-creation bills clears Congress

Business News - 17 March, 2010 - 16:19
WASHINGTON (Reuters) - A package of tax breaks and highway spending cleared Congress on Wednesday, the first of what Democrats hope will be several efforts to bring down the 9.7 percent unemployment rate.


German export row - Merkel hits back

Business Video News - 17 March, 2010 - 14:42
Mar. 17 - German Chancellor rules out weakening Germany's export strength to aid other euro nations

Drive a Porsche? Up your status with a phone

Technology News - 17 March, 2010 - 11:50
SINGAPORE (Reuters) - As if a Porsche isn't enough of a status symbol, the German luxury sports car company's subsidiary, Porsche Design, is marketing a mobile phone that's exclusive to Porsche owners.

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