Stocks Fall As China Seeks to Slow Lending
Stock futures dropped Tuesday following reports that China is again forcing banks to hold more reserves to slow lending.
Business
IBM Shares Hit All-Time High Monday
IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...
Microsoft Stakes Wireless Future on Cell Phone Software
Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.
World Stocks Stay Up on Fed Easing Hopes
Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.
Stalled Foreclosures Could Derail Housing Recovery
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...
Virgin Galactic Makes First Solo Glide Flight
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans
China Buys a Third of Chesapeake's S. Tex Oil Field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South
Google Tests Self-Driving Cars on Calif. Roads
Google Inc. is road-testing cars that steer, stop and start without a human driver, the company says.
Fed Rate Setter Dampens Market Hopes
World markets fell Tuesday after a leading U.S. rate-setter dampened expectations that the Federal Reserve is preparing a massive monetary stimulus
China Oil Co Signs Big Gas Deal with French Utility
Chinese offshore oil and gas company CNOOC agreed Saturday to buy 2.6 million tons of liquefied natural gas from French utility GDF Suez SA.
Wholesale Buying, Inventories Rise
Businesses have been restocking store shelves since the recession ended, a sign that they expect the economic recovery to continue.
95,000 Jobs Lost in Sept on Massive Gov't Layoffs
A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 ...
China Launches Quest for Domestic Potash Sources
China has launched a search for domestic sources of potash to ensure stable supplies of the mineral used in fertilizer, a state news agency said ...
Honda Fit Hybrid Goes on Sale in Japan
Honda's new hybrid Fit subcompact went on sale in Japan on Friday as the automaker expands its green car lineup that already includes the Insight
PayPal iPhone App Allows Check Deposits
Betting you wouldn't trek to your bank or the closest ATM if you didn't have to, PayPal has added a feature to its free iPhone ...
Japan Approves New $61 Bil. Stimulus Package
The Japanese Cabinet has approved 5.05 trillion yen ($61 billion) in new measures to stimulate the country's economy.
Consumers Cut Credit Card Use for 24th Month
Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month, the Federal Reserve said Thursday.
Retail Sales Grow More Than Expected
Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents
Eurozone Industrial Output Rises 1%
Industrial output in the 16 countries that use the euro rose by a monthly 1 percent in August, official figures showed Wednesday, easing concerns
Jobless Claims Rise Slightly to 462,000
Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy.
Wholesale Prices Rise on Food, Energy Costs
Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.
Trade Deficit Surges As Businesses Restock
The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes
Apple Set to Unveil Next Version of Mac OS X
Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.
Dollar Hits 15-Year Low Against Yen
The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.
Asia Stocks Rise on Strong U.S. Earnings
Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers
HTC G2 Impressive on T-Mobile's Faster Network
Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.
Microsoft, Alibaba Test New China Search Engine
Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are testing a search service, adding a new competitor to a crowded Chinese
World Stocks Rise on Surging Intel Sales
World stocks rallied Wednesday after the Federal Reserve cemented expectations it will further boost the faltering U.S. economy at its next rate-setting
CarMax Posts Higher Profits on Strong Used-Car Sales
Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales
Burberry to Expand Stores 25% on Strong Profits
Luxury goods company Burberry Group says sales rose by 17 percent in the first half of its financial year, and it expects a full-year profit ...
China Sept. Trade Surplus Shrinks to $16.9 Bil.
China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame
Strong Intel Sales, Profits Augur Well for PC Sales
Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.
Weak Dollar Brings Pros, Cons for Consumers
The way investors have unloaded the U.S. dollar lately, you'd think it was kryptonite. It has fallen 10 percent against the euro in just three ...
Fed Leans toward 2-Step Stimulus
The Federal Reserve is leaning toward taking two steps to boost the economy: Buying more Treasury bonds to drive down loan rates, and signaling
Apple Shares Touch New Record on iPad Hopes
Apple Inc.'s stock flirted with $300 Tuesday as investors high on the iPad's promise pushed shares to a record peak. Analysts see few reasons
Google to Build Off-Shore Wind Farms
Google will invest heavily in a network of deepwater transmission lines to bring power from offshore wind farms, yet to be built, to states along ...
China Raises Big Bank Reserve Ratio for 2 Months
China has raised reserve requirements for the six biggest commercial banks by 50 basis points on a temporary basis to cut the money supply
Pfizer to Buy King Pharmaceutical
Pfizer Inc., the world's largest pharmaceutical company by revenue, said Tuesday it will buy pain drug maker King Pharmaceuticals Inc. for $3.6 billion in cash.
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
Stocks Fall As China Seeks to Slow Lending
Stock futures dropped Tuesday following reports that China is again forcing banks to hold more reserves to slow lending.
IBM Shares Hit All-Time High Monday
IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...
Microsoft Stakes Wireless Future on Cell Phone Software
Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.
World Stocks Stay Up on Fed Easing Hopes
Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.
Stalled Foreclosures Could Derail Housing Recovery
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...
Virgin Galactic Makes First Solo Glide Flight
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans
China Buys a Third of Chesapeake's S. Tex Oil Field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South
Google Tests Self-Driving Cars on Calif. Roads
Google Inc. is road-testing cars that steer, stop and start without a human driver, the company says.
Fed Rate Setter Dampens Market Hopes
World markets fell Tuesday after a leading U.S. rate-setter dampened expectations that the Federal Reserve is preparing a massive monetary stimulus
China Oil Co Signs Big Gas Deal with French Utility
Chinese offshore oil and gas company CNOOC agreed Saturday to buy 2.6 million tons of liquefied natural gas from French utility GDF Suez SA.
Wholesale Buying, Inventories Rise
Businesses have been restocking store shelves since the recession ended, a sign that they expect the economic recovery to continue.
95,000 Jobs Lost in Sept on Massive Gov't Layoffs
A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 ...
China Launches Quest for Domestic Potash Sources
China has launched a search for domestic sources of potash to ensure stable supplies of the mineral used in fertilizer, a state news agency said ...
Honda Fit Hybrid Goes on Sale in Japan
Honda's new hybrid Fit subcompact went on sale in Japan on Friday as the automaker expands its green car lineup that already includes the Insight
PayPal iPhone App Allows Check Deposits
Betting you wouldn't trek to your bank or the closest ATM if you didn't have to, PayPal has added a feature to its free iPhone ...
Japan Approves New $61 Bil. Stimulus Package
The Japanese Cabinet has approved 5.05 trillion yen ($61 billion) in new measures to stimulate the country's economy.
Consumers Cut Credit Card Use for 24th Month
Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month, the Federal Reserve said Thursday.
Retail Sales Grow More Than Expected
Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents
Eurozone Industrial Output Rises 1%
Industrial output in the 16 countries that use the euro rose by a monthly 1 percent in August, official figures showed Wednesday, easing concerns
Jobless Claims Rise Slightly to 462,000
Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy.
Wholesale Prices Rise on Food, Energy Costs
Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.
Trade Deficit Surges As Businesses Restock
The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes
Apple Set to Unveil Next Version of Mac OS X
Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.
Dollar Hits 15-Year Low Against Yen
The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.
Asia Stocks Rise on Strong U.S. Earnings
Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers
HTC G2 Impressive on T-Mobile's Faster Network
Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.
Microsoft, Alibaba Test New China Search Engine
Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are testing a search service, adding a new competitor to a crowded Chinese
World Stocks Rise on Surging Intel Sales
World stocks rallied Wednesday after the Federal Reserve cemented expectations it will further boost the faltering U.S. economy at its next rate-setting
CarMax Posts Higher Profits on Strong Used-Car Sales
Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales
Burberry to Expand Stores 25% on Strong Profits
Luxury goods company Burberry Group says sales rose by 17 percent in the first half of its financial year, and it expects a full-year profit ...
China Sept. Trade Surplus Shrinks to $16.9 Bil.
China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame
Strong Intel Sales, Profits Augur Well for PC Sales
Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.
Weak Dollar Brings Pros, Cons for Consumers
The way investors have unloaded the U.S. dollar lately, you'd think it was kryptonite. It has fallen 10 percent against the euro in just three ...
Fed Leans toward 2-Step Stimulus
The Federal Reserve is leaning toward taking two steps to boost the economy: Buying more Treasury bonds to drive down loan rates, and signaling
Apple Shares Touch New Record on iPad Hopes
Apple Inc.'s stock flirted with $300 Tuesday as investors high on the iPad's promise pushed shares to a record peak. Analysts see few reasons
Google to Build Off-Shore Wind Farms
Google will invest heavily in a network of deepwater transmission lines to bring power from offshore wind farms, yet to be built, to states along ...
China Raises Big Bank Reserve Ratio for 2 Months
China has raised reserve requirements for the six biggest commercial banks by 50 basis points on a temporary basis to cut the money supply
Pfizer to Buy King Pharmaceutical
Pfizer Inc., the world's largest pharmaceutical company by revenue, said Tuesday it will buy pain drug maker King Pharmaceuticals Inc. for $3.6 billion in cash.
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
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