By DERRIK J. LANGAP Entertainment Writer
REMOND, Wash. (AP) - Will Xbox mark the spot once again for Microsoft?
The company is set to reveal the next generation of its Xbox entertainment console during a presentation Tuesday at its headquarters in Redmond, Wash.
It's been eight years since the
NEW YORK (AP) - U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.
Dow Jones industrial futures slipped 4 points to 15,315. S&P futures have given up 1.1 points to 1,663.50. Nasdaq futures are up 1.75 points to 3,019.25.
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government.
Apple Inc. CEO
LONDON (AP) - U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations.
It reported Tuesday net profits of 7.70 billion pounds ($11.665 billion) for the year ending March 2013 compared with 7.55 billion pounds
MINNEAPOLIS (AP) - Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
Its adjusted earnings beat Wall Street expectations, but revenue fell short as the
LONDON (AP) - British luxury brand Burberry says that the end of a perfume licensing deal depressed its bottom line, dragging net profit down 3 percent for the year ending on March 31.
But shares in the Burberry Group PLC rose just over 1 percent to 14.83 pounds Tuesday after the company reported
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) - Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of recession.
The Bundesbank said Tuesday that Europe
OVERLAND PARK, Kan. (AP) - Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.
Sprint said late Monday that SoftBank had waived
ATLANTA (AP) - Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Its quarterly results topped Wall Street's view and the world's biggest home improvement chain boosted its full-year
By STEPHEN OHLEMACHER and ALAN FRAMAssociated Press
WASHINGTON (AP) - The man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what was happening while he
By DAN SEWELLAssociated Press
CINCINNATI (AP) - Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans protested outside federal buildings across the country Tuesday to protest the agency's extra scrutiny of conservative groups.
A crowd packed the
SPOKANE, Wash. – The trial of Clay Starbuck, charged with killing his ex-wife Chanin and sexually violating her remains, entered its third week Monday at the Spokane County Courthouse.
Chanin Starbuck was found strangled to death in her Deer Park home in December of 2011, and Clay
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press
ZEPHYRHILLS, Fla. (AP) - It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million.
The lucky ticket was bought sometime Saturday