Sony Network Entertainment International LLC, a unit of Sony Corp of America, unveiled a new cloud-based TV service, PlayStation Vue, expected to be commercially launched during the first quarter of 2015.
North America
Geron sells last drug in pipeline to J&J unit
Geron Corp licensed its cancer compound, the last in its pipeline, to a unit of Johnson & Johnson for up to $935 million, sending its shares up as much as 33 percent in extended trading.
Hachette and Amazon reach agreement on e-book sales
Hachette Book Group and Amazon.com Inc said on Thursday they reached a multi-year agreement for e-book and print book sales after months of bitter fighting that pitted writers and publishers against the world's largest online retail store.
U.S. government warns on bug in Apple's iOS software
The U.S. government warned iPhone and iPad users on Thursday to be on the alert for hackers who may exploit a vulnerability in Apple Inc's (AAPL.O) iOS operating system that would enable them to steal sensitive data.
Virtu aiming for spring 2015 IPO - sources
Electronic trading company Virtu Financial LLC hopes to go public in the spring, about a year after it originally planned its market debut, two sources familiar with the matter said on Thursday.
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U.S. stocks inched higher shortly after the open on Thursday, as the Dow and S&P touched new record intraday highs following earnings from Wal-Mart and data on the labor market.
The number of Americans filing new claims for unemployment benefits rose more than expected last week, yet it remained near a 14-year low in a reminder that the labor market appears to be moving toward full health.
J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Wednesday but said same-store sales were flat and slightly cut its full year revenue forecast, sending shares of the department store chain lower in extended trade.
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a supply glut.
Comcast Corp's (CMCSA.O) merger with Time Warner Cable Inc (TWC.N) is going "full steam ahead" despite uncertainty around new rules governing net neutrality, Comcast Chief Executive Officer Brian Roberts told reporters on Wednesday.
President Barack Obama plans to nominate Antonio Weiss, a top official at investment bank Lazard (LAZ.N), to be under secretary of the Treasury for domestic finance, the White House said on Wednesday.
Network equipment maker Cisco Systems Inc forecast current-quarter profit below analysts' average estimate, weighed down by capital budget cuts at telecom service providers and weak sales in emerging markets.
Charles I. Plosser , President and Chief Executive Officer of Federal Reserve Bank of Philadelphia spoke on The US Economic Outlook and Monetary Policy at UBS European Conference, London, England today.
At least two top-10 Yahoo Inc (YHOO.O) shareholders are so unhappy with Chief Executive Marissa Mayer's turnaround efforts that they are making a direct plea to AOL Inc (AOL.N) CEO Tim Armstrong to explore a merger and run the combined company.
