business

In today’s recession-racked economy, penny-pinching is a national pastime. But people are still opening their wallets for smartphones. Sales of BlackBerrys, iPhones and other smartphone models are rising smartly and are projected to increase 25 percent this year, according to Gartner, a research business. Widely anticipated new models like the Palm Pre, which went on [...]

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“We experienced in the last three months one of the nicest rallies in Wall Street history, and now we’re seeing the reasons why,” said Robert Lutts, president of Cabot Money Management in Salem, Massachusetts. “Texas Instruments and others are bumping up guidance nicely, and many companies that reported very negative consumer reactions are pulling that [...]

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LOOK closely at recent supermarket coupons, and you may see some markings on them near the traditional bar code: sets of neat black bars stacked in two rows. The new symbols, called GS1 DataBars, can store more data than traditional bar codes, promising new ways for stores to monitor inventory and for customers to save [...]

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LONDON (Reuters) – Two thirds of businesses are unaware they will be able to use their own name in place of domain extensions such as .com, .org, or .net when Internet domains are liberalized next year, according to a survey. The change would let the likes of Nike or Microsoft control their own domain and [...]

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Homeowners this fall will be able to buy a wind turbine at hardware stores that tackles the small wind industry’s bete noire: slow wind. WindTronics, based in Muskegon, Mich., has developed a wind turbine sized for individual homes that it says can operate at speeds as low as 2 miles an hour. It will be [...]

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Sun Microsystems has scheduled a special shareholders meeting for July 16 for a vote on whether to accept Oracle’s US$7.4 billion proposal to buy the company. Sun’s board has unanimously recommended the transaction go through. The industry has been abuzz with speculation about how Oracle, which made its bid in April, will handle Sun’s assets [...]

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