China iPhone sales boosts Apple; shares up modestly

- Apple Inc beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch. | Video

Recent Business News

Microsoft phones infringe patents: U.S. International Trade Commission judge

NEW YORK - Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc's technology in its mobile phones without permission.

Exclusive: Deutsche's radical revamp foiled by ECB stress test

FRANKFURT - A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said. 

6:43pm EDT

Applied Materials scraps Tokyo Electron takeover on U.S. antitrust concerns

TOKYO - U.S.-based Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, fell foul of U.S. anti-trust regulators. | Video

DuPont open to last-minute settlement talks with activist: sources

NEW YORK - DuPont's board is open to a negotiated settlement with activist Trian Fund Management in the run-up to the company's annual shareholder meeting in May, sources close to the matter said on Monday.

7:58pm EDT

Google launches portal to buy patents

- Google Inc said it would launch an experimental portal that allows interested patent holders to sell their patents to the company.

11:07am EDT


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