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Nov. 20 (Bloomberg) -- The U.S. Postal Service, which hassaid it may lose $7.8 billion this year, pared the list offacilities it’s considering closing by 35 percent. The agency cut the number of stations and branches underevaluation for closure to 241, ...Read More

The drop came a day after major stock indicators closed at 13-month highs. The Dow Jones industrial average slipped 11 points after having risen in nine of the last 11 sessions. A drop in technology stocks weighed on the Nasdaq ...Read More

Disappointing forecasts from technology companies and an unexpected drop in home construction added to worries about the economy and sent stocks modestly lower. The drop Wednesday came a day after major stock indicators closed at 13-month highs. The Dow Jones industrial ...Read More

LOS ANGELES - The beta versions of Office 2010 and SharePoint 2010 are now available, Microsoft announced Wednesday at its Professional Developers Conference (PDC). The 2010 versions of Visio, Project, and Office Web Apps for business customers are also now live ...Read More

As expected, Microsoft today launched its first public beta of Office 2010, posting the preview for download on its Web site. In a keynote presentation at its annual Professionals Developer Conference (PDC) in Los Angeles, Kurt DelBene, Microsoft's senior vice ...Read More

Early this morning we broke the news that Electronic Arts planned to close down Pandemic Studios. Now we have confirmation. An internal Electronic Arts memo confirms that Pandemic Studios was shut down today with a "core IP team" being moved to ...Read More

Human Genome Sciences said Monday that approval of its experimental anthrax drug hit a delay as regulators asked the firm for more information about the treatment. The Food and Drug Administration wrote in a letter to the Rockville company that it ...Read More

NEW YORK--Apple hopes to grow its market share with an increasingly aggressive retail strategy that includes opening bigger stores in more locations. At a media preview of its fourth store here, which is located on the Upper West Side, Ron Johnson, ...Read More

Or so says Apple's senior vice president of retail, Ron Johnson. But it's hard to believe when you see the size of the fourth Apple retail store in New York City, which opens this Saturday. We received a sneak peek inside ...Read More

PHILADELPHIA -- Comcast Corp. on Thursday named Steven A. White as its West division president. He will be responsible for the cable TV company's operations in Arizona, California, Colorado, Kansas, Minnesota, Missouri, New Mexico, Oregon, Washington, Utah and Wisconsin. He will oversee ...Read More