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Oil prices and warnings from some key technology companies weighed on U.S. stock markets Wednesday, ending a two-day rally ...

As expected, the U.S. Federal Reserve has raised short-term interest rates by a quarter of a point to 1.5 percent ...

Cisco Systems today reported its fourth quarter and fiscal year results for the periods ended July 31, 2004. Net sales for the fourth quarter of fiscal 2004 were US$5.9 billion, compared with $4.7 billion for the fourth quarter of fiscal 2003, an increase of 26 percent, and compared with $5.6 billion for the third quarter of fiscal 2004, an increase of 5.4 percent...

The Federal Reserve increased interest rates by another quarter point and expressed optimism that the economic recovery remains on track, providing a spark for a late-day rally on Wall Street. ...

A company driven out of business by Hollywood and the video game industry over its DVD-copying software has reached a settlement with the motion picture industry ...

Mobile broadband networking products developer PacketHop today announced it has joined with wireless networks provider Nortel Networks to provide mobile communications technology targeting the homeland security market ...

Markets rose modestly Tuesday morning as traders hunted for bargains among stocks hammered last week, but traders remained cautious ahead of news from the Federal Reserve, expected at 2:15 Eastern time today ...

Nanosys yesterday announced that Peter S. Garcia has joined the company as chief financial officer ...

Technology Solutions Company (TSC), a consulting company delivering business benefits through the application of information technology, and ZAMBA Solutions, a customer relationship management (CRM) services company, today announced that they have reached a deal for TSC to acquire ZAMBA ...

HP has confirmed that it is planning to acquire UK services firm Synstar in a deal believed to be valued at around US$160 million ...

Loudeye today announced a multiyear agreement with the multimedia business group of Nokia to develop a wireless digital music platform for mobile operators and their subscribers worldwide. ...

Cablevision Systems today reported financial results for the second quarter 2004. According to a company statement, consolidated second-quarter revenues increased 25 percent to US$1.2 billion compared to the prior year period, based on continued growth at the company's Telecommunications Services and other divisions ...

Internet automotive marketing services company Autobytel today announced that it has signed an agreement to provide a national online customer referral program for the Asbury Automotive Group, the fourth-largest auto retailer in the nation ...

Blue Cross Blue Shield of Arizona has chosen Resolution EBS's Centrifuge business rules management platform as part of a plan to automate and streamline its current business practices ...

Weaker-than-expected job numbers for July led to a stunning sell-off on Wall Street as all major stock averages sank to their lowest levels of the year ...

Crude oil futures on the New York Mercantile Exchange (Nymex) in New York were down at the close of the market today from record highs set overnight -- but observers expressed doubt that oil prices have peaked ...

Bankrupt Adelphia Communications today announced its preliminary timetable for to auction off the company, with completion of the sale expected by the end of the year ...

Entellium Asia, the Asian arm of the second generation hosted CRM provider, yesterday announced the set-up of its regional operations in Singapore ...

Extreme volatility in the price of oil -- which again hit record levels on Thursday -- and uncertainty about the July unemployment statistics helped send stocks sharply lower Thursday, with both the Dow and Nasdaq losing more than 1.5 percent ...

IBM announced that it will not use its patents against Linux, and it encouraged other software companies to make the same vow ...