The open-source Firefox browser saw growth slip in July, according to the latest report from measuring and monitoring service NetApplications, which watches growth in adoption among a variety of popular Internet browser alternatives. The NetApplications report for the month of July indicates that, f...
Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) ...
Oil prices weighed heavily on U.S. stock markets today as investors were left to ponder not if but when oil will break the $50 barrier -- and what will happen as a result. Oil futures shot to new high levels, reaching $49.64 a barrel on the New York Mercantile Exchange, up 76 cents on the day. That ...
Another spike in oil prices squelched a would-be-rally on Wall Street today as the markets closed out a week many investors were eager to see come to a end. The Dow traded higher much of the day, but by the close managed to squeak out a gain of only 8.34 points for the session to close at 10,047.24....
A weak outlook for the economy and oil's continued march toward new record-high prices left U.S. stocks mixed today, with the Dow suffering a second straight day of sharp losses. The markets had news to digest, little of it good, after the Conference Board reported that the index of leading economic...
U.S. stock markets turned in their worst performance in nearly a month today as crude oil prices rocketed toward $50 per barrel and investors fretted over the future of corporate earnings. A day after taking the Federal Reserve Board's quarter-point rate hike in stride, the markets stumbled right ou...
The Federal Reserve Board raised interest rates as expected today, boosting the overnight lending rate by a quarter-point. Stocks reacted to the news with a modest late-day rally. The Federal Open Market Committee raised the federal funds rate to 1.75, marking the third time this year that rates hav...
Another day of rising oil prices, an apparently imminent rate hike by the Federal Reserve and corporate earnings warnings conspired to drive stocks lower Monday. The Fed is widely expected to continue its recent rate hike pattern by boosting a key rate by another quarter-point on Tuesday. If it come...
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