Chinese Building Boom and U.S. Optimism Boost Asian Shares

A building boom — and the constrained supply of materials due to mandated energy cuts — sent Chinese cement, metal and building-equipment stocks up Thursday. Meanwhile, Hong Kong and Japanese exporters benefited from improvin…

Microsoft: 1 Million Kinect Gaming Systems Already Sold

In the first 10 days after its launch, Microsoft (MSFT) said that it has sold more than 1 million of its hands-free Kinect gaming systems.

The software giant is hoping that the Kinect, which plugs into an Xbox and lets you play games just by moving y…

MGM Files for Chapter 11 Bankruptcy

Metro-Goldwyn-Mayer Studios has filed for a re-organization bankruptcy, the studio announced Wednesday.
Continue reading MGM Files for Chapter 11 Bankruptcy

MGM Files for Chapter 11 Bankruptcy o…