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English winemakers toast summer heatwaves

Under a blue sky, seasonal workers ran their secateurs along long rows of grapevines, harvesting a variety of pinot noir grown during the summer heatwave.

Philips posts surprise profit as cost cuts help

Dutch electronics giant Philips reported on Monday a surprise profit for the third quarter as a series of cost cutting measures to cope with the global slump helped the bottomline.

News aggregator Ongo to shut down

Online news service Ongo, which launched last year as a paid "aggregator" for various newspapers, said Tuesday it would close down by the end of the month.

Virtual campus tours give students an insider's view

When college students begin classes this month, some arrive after getting their acceptance notices on Facebook. Others are using smartphone applications to find out which parking spots are available. And others show up after ...

Nokia dismisses Microsoft takeover report

Nokia chief executive Stephen Elop on Wednesday dismissed as "baseless" a report that Microsoft had agreed to purchase the Finnish company's mobile business.

Facebook's clout in wireless industry is growing fast

Less than two years ago, disillusioned investors were fleeing Facebook Inc. stock, worried the company would never figure out how to make the leap to mobile devices from personal computers, let alone make money on them.

Executive rewards put banks at greater risk

(PhysOrg.com) -- New University of Ediburgh research has linked the risks taken by banks with the compensation received by their executives.

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