BUSINESS

Apple's iPhone 5 Rumors and Possible Release Date

Rumors about Apple's new iPhone 5 are circulating the web as many people are setting high expectations about this new offering from Apple. Aside from possible specifications and features, rumors about the possible release date are also spreading like wildfire in the Internet.
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The Overnight Report: Greek Dance

By Greg PeelThe Dow closed down one point while the S&P was flat at 1316 and the Nasdaq fell 0.3%There are all sorts of troubles in Tech Land, with the Nasdaq last night's worst performer following Monday's big Apple-led rally.

Yahoo! Exec. Pleads Guilty to Insider Trading

The U.S. Securities and Exchange Commission on Monday charged a former executive at Yahoo! Inc. and a former mutual fund manager at a subsidiary of Ameriprise Financial Inc. with insider trading on confidential information about a search engine partnership between Yahoo and Microsoft Corporation.

Motorola Now a Google Unit: What's Next for Android?

The corporate marriage between search giant and Android developer Google Inc. (NASDAQ: GOOG) and former mobile phone leader Motorola Mobility Holdings Inc. (NYSE: MMI) closed is now official.

Chinese Group Buys Majority Stakes on a Leading Cinema Chain in U.S.

China appears to be heading Japan's way as a Chinese conglomerate revealed on Monday a $US2.6 billion deal that would give the group majority ownership of AMC Entertainment Holdings, one of the biggest operators of cinema complexes in the United States.

New Study Points to Apple as World’s Most Valuable Brand

Arguably, Apple tops the list as one of the leading global companies, with its products desired by millions around the world, and a new study not only affirmed that stature but also crowned the American firm as the most valuable brand over the past 12 months.

BofA Analysis: David Jones a Good Buy

An analysis by Bank of America (BofA) showed that Australian retailer David Jones would be a good buy for now following the drop in company shares at its lowest level since the global financial crisis.

Rudi's Response: A Good Investor Is A Contrarian

By Rudi Filapek-Vandyck, Editor FNArena (currently traveling abroad)This week's Weekly Insights analysis triggered the question below from FNArena subscriber Stephen Sheldon.

Qantas Confirms Loss of 500 Jobs

Qantas confirmed on Monday that it will shutter is maintenance hub in Melbourne, which meant engineering jobs would be lost.

Uncertainty Clouding Uranium Market

By Greg PeelOnly three transactions were conducted in the uranium spot market last week, industry consultant TradeTech reports, totalling 350,000lbs.

The Overnight Report: Relief

By Greg PeelThe Dow rose 135 points or 1.1% while the S&P gained 1.6% to 1315 and the Nasdaq surged 2.

Facebook Founder Zuckerberg Weds After IPO: Good or Bad Move?

The news of Facebook Founder, Mark Zuckerberg getting married with his long-time girlfriend, Priscilla Chan is all over the news. Aside from the fact that Zuckerberg got married, the timing is also controversial as Mark Zuckerberg wed after Facebook's IPO.

Qantas Airlines Denies Credit Card Scam

Qantas Airlines, one of the largest airline carriers in Australia denies claim regarding the company's supposed credit card scam.

Car Makers Concerned as China Sales Slow

Automakers worldwide could be affected by slowing sales results in China as dealers see stocks of unsold cars rise, threatening price cuts.

Aussie Chevrolet SS Excites US Media

America's automotive media has expressed enthusiasm and excitement at the announcement that the next-generation Holden Commodore will be exported to the US from 2013 to be sold and raced as the Chevrolet SS.

6.0 Magnitude Earthquake Hits Italy: Updated Information and Pictures

A 6.0 magnitude earthquake recently hit the north-central part of Italy which caused the death of at least 6 people and injured at least 50 individuals. The earthquake also caused the collapse of numerous historical architecture sites like castles, clock towers, and churches.

Qantas Shutters Maintenance Hub at Tullamarine, Sheds 400 Jobs

The nightmare of Qantas' aircraft maintenance engineers is about to happen as the flag carrier announces likely on Monday the closure of its maintenance bay at Tullamarine Airport. The shutter would lead to the axing of more than 400 jobs.

CBA Warns Greek Exit from Eurozone May Bring A$ Below 90c

The Commonwealth Bank of Australia warned on Monday that Greece's expected exit from the eurozone may cause the Australian dollar to plummet below 90 cents. G8 leaders rushed over the weekend to battle the financial crisis to hit the region over the Greek debt.

More Musical Chairs in Australia’s Retail Industry

More changes are taking place in Australia’s embattled retail industry as Centro Retail Australia sold half of its stakes in three premium shopping centres, while Retravision Southern is teetering towards administration.

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