Archive for June 5th, 2008

Hewlett-Packard's research into new imaging technology produced an unexpected bonus - transparent electronics that can be used to generate green energy.

Verizon is betting its planned purchase of Alltel will keep growth at its Verizon Wireless unit humming along. The giant telco better be right, because it is borrowing a huge sum to make the deal happen.

Just minutes before Verizon Wireless formally announced it would acquire rival Alltel for $28 billion, Vodafone Chief Executive Arun Sarin told Fortune that he liked the growth prospects of a Verizon-Alltel deal.

A new wave of camcorders can maximize video for HDTV, and they won't break your bank.

More than one million homes are now in foreclosure, the highest rate ever recorded, according to a trade group which warned Thursday that the crisis will continue to worsen.

Read full story for latest details.

Federal Reserve Vice Chairman Donald Kohn warned Thursday that banks will continue to take writedowns and report sluggish earnings in the coming quarters as loan portfolios continue to deteriorate.

Stocks rallied near midday Thursday, with the Dow up over 180 points, as investors welcomed a surprise dip in weekly jobless claims, strong May sales from Wal-Mart Stores and a merger in the telecom sector.

Private-equity firms, the so-called barbarians of Wall Street, are famous for scooping up downtrodden firms, cleaning them up and then selling for a huge profit.