Stocks fell on Wall Street on Monday as investors fretted over the consequences of a possible debt default by Greece, but talk of multi-billion dollar healthcare deals buoyed shares in the sector, cutting into the market's loss.
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HTC says won't consider merger with Asustek
Last week, Asustek Computer Inc (Asus) chairman Johnny Shih in an internal company meeting had suggested that it may be a possibility to buy Taiwan-based smartphones and tablets manufacturer, HTC. However, HTC came out with its own statement on Monday, saying it will not consider a merger with Asus and also pointed out that no formal or informal talks had ever taken place in connection with the said acquisition.
Virgin America upgrades in-flight entertainment with Dysonic’s '3D sound'
To enhance passengers in-fight entertainment experience, United States-based airline carrier, Virgin America is introducing its latest version of its "Red system", which works on an Android platform and uses a high resolution multi-touch screen, like today's smartphones. The Android-based entertainment systems also gets more storage capacity, more games, improved maps and surround sound technology from startup Dysonics.
GM to source medium-duty trucks from Isuzu from 2016: sources
General Motors Co (GM.N) will re-enter the U.S. medium-duty truck market next year with Chevrolet-branded vehicles supplied by Japanese truck maker Isuzu Motors Ltd (7202.T), people familiar with the matter said on Monday.
Fed on track for September rate hike as economy picks up: Reuters poll
The U.S. Federal Reserve is on track to raise interest rates for the first time in nearly a decade in September, according to a Reuters poll that suggests economists now are mostly confident about that timing.
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Oil prices fell on Monday as the Greek debt crisis helped boost the dollar, making fuel more expensive to holders of other currencies, and as United Nations talks offered a chance for peace in Yemen where crude exporter Saudi Arabia is involved in a civil war.
Twitter Inc's (TWTR.N) next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after last week's management shakeup - helping disaffected advertisers connect with users.
Giant Swedish game publisher Starbreeze invested $1.4 million in Cmune, a shooter game specialist company. VentureBeat reports that Cmune will bring Starbreeze's popular PAYDAY franchise into the mobile device platform.
Catalia Health chief executive Cory Kidd's dream of improving personal health through robotics is fast becoming a reality as his company raises $1.25 million in seed funding led by investor Khosla Ventures.
Senior executives of listed firms in China have stepped up the pace at which they are selling shares in their own companies, suggesting they may have doubts about whether their stock prices can go much higher.
Boeing Co (BA.N) is exploring a potential market of over 1,000 aircraft in a niche between its single-aisle 737 and wide-body 787, but has not decided whether to invest in a new jetliner, its sales chief said on Sunday.
Dinosaurs rule the earth again after "Jurassic World" debuted to a dominant $204.6 million at the domestic box office this weekend.
Alibaba Group Holding Ltd (BABA.N) will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix Inc (NFLX.O) and HBO, the firm's head of digital entertainment said on Sunday.
German retailer Metro AG (MEOG.DE) will not compromise on price for a sale of its department store chain Kaufhof and other factors such as solid financing will also be important in the decision, Finance Chief Mark Frese was quoted as saying.
