Tuesday, April 17, 2012

Intel revenue forecast beats, but stock falls

Top chipmaker Intel Corp forecast revenue above expectations, as demand for personal computers remained resilient in the face of consumers' growing preference for tablets and other mobile gadgets. But investors, accustomed to Intel's beating forecasts, sold the company's stock, which had rallied 17 percent this year, following the news. Shaky economies in Europe and the United States, a growing consumer preference...

Khloe Kardashian Counters Pregnancy Announcement From Lamar Odom's Dad

Lamar Odom's father, Joe, told a website that Khloe Kardashian is having a bun in the oven. Either Joe is lying or Khloe is trying to keep the good news for a while, but a representative of the reality star denied the pregnancy. Telling Rumor Fix, Joe said excitedly, "I got a little news. I'm about ready to have a grandchild!" Khloe and Lamar have been married for three years and all the while they have been trying...

Secret Service clearances yanked in Colombia probe

The Secret Service has yanked the security clearances of 11 members accused of bringing prostitutes to a hotel in Colombia ahead of last week's pan-American summit, government officials with knowledge of the investigation said Monday. The investigation also involves at least five and possibly 10 U.S. military personnel who were working with the Secret Service ahead of President Barack Obama's trip to the Summit of...

Norway killer on trial: "I would have done it again"

The Norwegian anti-Islamic gunman who massacred 77 people said in court on Tuesday his shooting spree and bomb attack were "sophisticated and spectacular" and that he would do the same thing again. Anders Behring Breivik, 33, has pleaded not guilty and said he was defending his country by setting off a car bomb that killed eight people at government headquarters in Oslo last July, then shooting another 69 people at...

Yahoo taps PayPal exec for new commerce group

Yahoo Inc hired PayPal's former head of products to help oversee its newly-formed commerce group, as the Web pioneer looks for new ways to reignite growth. Yahoo said on Monday that Sam Shrauger will co-lead the consumer commerce business, along with Mollie Spilman, who most recently led marketing in Yahoo's Americas region. The announcement fills an important slot in the management reorganization unveiled last...
 
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