Chinese e-commerce company Alibaba plans to launch its U.S. initial public offering, which could raise more than $20 billion, early in the week of Sept. 8.
Apple and Google are providing scholarships and developers kits to software coders as young as 13 years old, looking to land whiz kids interested in writing apps for their smartphones and tablet computers.
Nike has resigned Kevin Durant, NBA's reigning most valuable player, to a shoe contract potentially worth $350 million, fending off rival Under Armour.
Europe's struggle to prevent ultralow inflation from derailing an already fragile economic recovery grew even more challenging as consumer prices weakened to a five-year low in August.
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A heart drug developed by Novartis reduced cardiovascular deaths by 20% when compared with a rival treatment.
China's biggest state-owned banks reported a surge in soured and castoff loans in the first half of the year.
Survey data suggest a strong jobs report for the month.
Officials say the actual IRS will never make first contact by phone.
Google's entry into the drone business brings financial and lobbying heft that should help the fledging industry overcome technical and regulatory obstacles.