July 17, 2009

Google Inc's quarterly profit beat Wall Street expectations, but the weak economy and slump in advertising spending took a toll on revenue growth and the price of its search ads. Shares of Google fell 3 percent after the results, which…

British Airways Plc, Europe’s third- biggest airline, plans to raise 600 million pounds ($982 million) in funding as declining revenue in its most profitable business drains cash reserves. The carrier is starting a 300 million-pound sale…

CIT Group Inc., the 101-year-old commercial finance company facing bankruptcy after failing to receive federal guarantees for its bonds, said it’s in talks with potential lenders to secure funding. The company, which finances about 1…

The yen and Treasuries advanced as speculation CIT Group Inc. will file for bankruptcy and blasts in Indonesia’s capital spurred demand for safer assets. Japan’s currency climbed against 15 of its 16 major counterparts after New-York based…

Bomb blasts ripped through the JW Marriott and the Ritz-Carlton hotels in Jakarta's business district on Friday, killing nine people and wounding dozens in attacks that could dent investor confidence in Indonesia. A car bomb also blew up…

Twitter uses Google Docs for information sharing. How do I know this? Well, it seems Twitter Inc. has had a pretty significant security breach which was brought on by a Twitter employee's Google Apps account being hacked. Have a look below…