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Facebook to build new data center in Fort Worth

Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall.


Puerto Rico to meet with creditors Monday, not looking to cut principal

Puerto Rico is not intending to cut principal payments to bondholders but to renegotiate debt terms, and officials are set to meet creditors on Monday at the offices of Citi, the head of the island's Government Development Bank Melba Acosta told reporters on Tuesday.

U.S. crude slump cools, market awaits inventory data

U.S. crude oil futures steadied on Tuesday after falling sharply a day earlier on worries about Greece's indebtedness and China's stock market losses, although charts indicated renewed selling could push prices into bear market territory.

Oracle says Rimini Street copyright trial to begin in September

Oracle Corp (ORCL.N) said its copyright infringement lawsuit against software support services company Rimini Street Inc and the smaller rival's Chief Executive Seth Ravin would go to trial in September.


Latest News

Ahead of the release of its second generation flagship handset, smartphone maker OnePlus gave away a batch of 1,000 of their custom version of Google's Cardboard Virtual Reality viewer for free, charging only a minimal fee for shipping the item.
We've seen the teaser at the Worldwide Developers Conference (WWDC) a few weeks back and now Apple Pay is set to launch in the UK on July 14. Apple Pay has confirmed 22 local partners, including Marks and Spencer, Starbucks, Dune London, Waitrose, the Post Office, and Transport for London (TfL). The partnership with TfL is especially anticipated to provide utmost convenience as it covers the Tube and an array of bus, trains, and tram lines. It also works with over 20 apps, including British Airways, Hotels.com, Domino's, and Zara.
Chipmaker Advanced Micro Devices Inc lowered its revenue estimate for the second quarter, below analysts' average estimate, saying the demand for personal computers was weaker-than-expected.
Teva Pharmaceutical Industries Ltd (TEVA.TA) is preparing to raise its bid for rival drugmaker Mylan NV (MYL.O) by as much as $2 billion, to $43 billion, Bloomberg reported on Monday, citing people familiar with the matter.
A dozen of the largest Wall Street banks on Monday published detailed plans to show how they would shut down their business during a crisis without the help of taxpayer money, a crucial step to prevent being broken up by regulators.
U.S. stocks fell in a volatile Monday session as Greeks resoundingly backed their government in rejecting the austerity terms of a bailout and China implemented emergency measures to stop a selloff in Shanghai's market.
Oil prices suffered their biggest selloff in five months on Monday, falling as much as 8 percent as Greece's rejection of debt bailout terms and China's stock market woes set off a deepening spiral of losses.
U.S. stock index futures fell on Monday after Greece rejected debt bailout terms, throwing the future of the country's euro zone membership into further doubt.
Shares of Chipotle Mexican Grill Inc (CMG.N) have lost some of their luster recently and unless growth revives at the company, the stock could see a 15 percent to 20 percent plunge, the July 6 edition of Barron's said.
Oil prices dropped on Friday as a rising U.S. rig count stoked more concerns about global oversupply while an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market.
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