Apple shares hold flat after earnings

Apple shares swung sharply from red to black and back again Wednesday after the company's shock earnings report, but its huge boost to its capital return program helped the stock end nearly flat.

Tesla CEO heads down perilous road in pursuit of profit

Tesla has lost nearly $6 billion since setting out to revolutionize the auto industry 15 years ago, but CEO Elon Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by ...

RadioShack posts loss, suspends dividend

(AP) — Shares of RadioShack Corp. slumped to an all-time low on Wednesday after the struggling electronics retailer reported an unexpected $21 million loss for its second quarter. Its shift toward selling smartphones ...

What do tax policy experts think about US tax policy?

Large majorities of tax policy experts in the U.S. favor a graduated personal income tax, taxing long-term capital gains as ordinary income, a net income tax on corporations and extending the retail sales tax to services.

New hi-tech approach to studying sedimentary basins

A radical new approach to analysing sedimentary basins also harnesses technology in a completely novel way. An international research group, led by the University of Sydney, will use big data sets and exponentially increased ...

Alcatel-Lucent boss leaving as losses mount

Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.

Dutch high-tech group ASML posts sharp Q1 slump

The Dutch company ASML, which supplies computer chip-making systems and is a global high-tech bellwether, posted on Wednesday sharp drops in sales and net profit for the first quarter 2013, but said it expected business to ...

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