Drilling to resume in the Gulf of Mexico

America has approved the first new deepwater drilling permit in the Gulf since the BP spill, marking a remaking of the nation's system of offshore oil & gas regulation.

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Morgan Stanley hit by hackers who had struck Google

Morgan Stanley's network has been broken into by the same China-based hackers who had attacked Google more than a year ago, according to leaked e-mails from a Sacramento, California-based firm HBGary, a cyber-security company working for the bank.

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The apps market may touch $38 billion by 2015

According to a Forrester Research report, the apps market will skyrocket to a $38-billion industry by 2015, thanks to the growth in popularity of mobile devices.

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