Investors lap up Apple's 47% profit jump
2009-10-20 15:51:26
Wall Street knew Apple Inc.'s results for the most recent quarter would blow past the company's guidance, but investors clearly weren't prepared for the 47 percent jump in profit that Apple delivered.
New York Times calls off sale of Boston Globe
2009-10-15 14:17:29
The New York Times Co. said Wednesday it won't sell the newspaper after all, following "careful consideration and analysis."
Oil jumps to fresh 1-year high near $76 a barrel
2009-10-15 13:25:17
Oil prices reached a fresh one-year high near $76 a barrel Thursday in Asia on a weaker US dollar and growing investor optimism about an economic recovery.
Bank of Japan mulls exit from emergency support
2009-10-14 15:23:29
The Bank of Japan may decide to start withdrawing support for corporate finance on Wednesday, despite government criticism, at a policy meeting that may set the tone for its relationship with the new government.
Rags-to-riches tramp bags fortune in bottles
2009-10-14 14:55:35
A 63-year-old homeless Russian man has gone from street life to stock market trader after collecting thousands of empty booze bottles for cash, a popular Russian tabloid reported on Tuesday.
Bleak US job market boosts military recruitment
2009-10-14 11:26:21
Aided by a bleak job market, the US military met all of its recruitment goals in the past year for the first time since it became an all-volunteer force in 1973.
Asia's wealthy concentrate in Japan, China
2009-10-14 10:38:36
The number of high net-worth individuals in Asia-Pacific slumped 14 percent in 2008 and they lost over a fifth of their wealth, leading to only cautious moves from cash back into stocks this year, Merrill Lynch and Capgemini said on Tuesday.
4.5M vehicles added to Ford switch recall
2009-10-14 10:29:55
Ford Motor Co is expanding its largest ever recall -- involving faulty cruise control deactivation switches that have caused fires -- by 4.5 million vehicles, regulators and company officials said on Tuesday.
Bloomberg to take over BusinessWeek magazine
2009-10-14 09:33:40
Bloomberg LP is buying BusinessWeek magazine in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling to adapt to the Internet's information whirlwind.
UN: Agriculture investment must increase 5-fold
2009-10-13 14:40:19
Agricultural investment in developing countries will have to increase more than fivefold to ensure that by 2050 the world has enough to eat, a UN food agency said Monday.
Most economists see recovery beginning
2009-10-13 06:44:19
More than 80 percent of economists believe the US recession is over and an expansion has begun, but they expect the recovery will be slow as worries over unemployment and high federal debt persist.
Cambodia has currency since 4th century
2009-10-12 20:16:46
Cambodian people have had the currency since the 4th century and firstly printed it in the 15th century, official news agency AKP reported on Monday, citing Jean- Daniel Gardre, former trade and economic advisor at the French Embassy in Cambodia.