Although Nokia's restructuring efforts kept it financially afloat, Moody's predicted a wavering position for the Finnish company in the smartphone market.

Billionaire Carl Icahn announced on Twitter that he had set dinner with Apple CEO Tim Cook to discuss plans for the company's buyback program.

Smartphone accessory makers in China were not too happy about switching their product focus on non-Apple products.

Koch Industries confirmed in an email to BBC about a Daily Caller report of the company backing out on a bid for Tribune Co.'s publications, including Los Angeles Times and Chicago Tribune.

In a Form 4 filing done by George Lucas' wife Mellody Hobson with US Securities and Exchange Commission, GWL Living Trust purchased 141,573 shares on August 19 for USD10 million.

NHTSA issues statement to counter Elon Musk of Tesla's claim that the Model S is the 'safest car ever.'

The peaceful resolution to the stand off at a Decatur, GA school was attributed to Antoinette Tuff. In the most tense moments at McNair Discovery Learning Academy in the past few hours, Antoinette Tuff acted as the messenger and go between for gun toting Michael Brandon Hill and police authorities.

An industry observer speculated that Tokyo Electric Power Company (TEPCO) nor the state of Japan has yet to be honest about the real situation about the tank leak.

Bourses saw Southeast Asian stocks dropping significant figures in trading Thursday. Resuming trading after a three-day off, Philippine stocks performed worst in two months.

Malaysian Minister Paul Low said that the government would soon utilize phone tapping and employ internet monitoring devices to eradicate corporate and government corruption.