MIT faculty see promise in American manufacturing

Not long ago, MIT political scientist Suzanne Berger was visiting a factory in western Massachusetts, a place that produces the plastic jugs you find in grocery stores. As she saw on the factory floor, the company has developed ...

Deals firm Living Social says no plans for IPO

Living Social, the number two US online deals firm, indicated Wednesday it had no immediate plans for an initial public offering, saying it had sufficient funds to expand its operations.

New Blackberry 10 gets security nod

Blackberry maker Research in Motion announced Thursday that its newest smartphone platform, Blackberry 10, has been certified as secure for use by US government agencies.

Telefonica to cut workforce in Spain by 20%

Spanish telecoms giant Telefonica said on Thursday it plans to cut its workforce in Spain by about 20 percent, or some 6,000 people, over the next three years as a cost-cutting measure.

India outsourcers predict 18% growth

India's flagship outsourcing sector is still expected to post 16 to 18 percent export revenue growth, despite fears of a fresh slump in its key US and European markets, an industry body said.

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