General Motors Co reclaimed its title as the world's top selling automaker for the first time since 2007, after sales of more than 9 million vehicles globally in 2011.
Bank of America Corp (BAC.N) may give shares worth $1 billion to employees instead of cash as part of bonuses and hold back on dividend increases and buybacks, as the second-largest U.S. bank grasps for ways to boost its capital levels.
General Motors Co reclaimed its title as the world's top selling automaker for the first time in three years, after sales of more than 9 million vehicles globally in 2011.
The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.
Obama visited Disney World in Orlando, Florida on Thursday to outline his plan to boost tourism.
The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.
Nike Inc is seeing no slowdown in demand in its biggest markets, even as Europe struggles economically and shoppers in the United States remain skittish, Chief Executive Mark Parker said.
General Motors has once again grabbed the largest share of global sales and become the world's largest automaker, moving past sales of Toyota and Volkswagen in 2011.
Video game publisher Trion Worlds has raised $85 million in a new round of funding as the privately held company aims to expand to Asia this year and launch new titles, CEO Lars Buttler told Reuters on Thursday.
Celebration of the Chinese New Year will begin Monday, marking the start of the year of the dragon. The holiday is the most important in China and will be met with scores of fireworks and festivities in China, Taiwan, and elsewhere.
Yesterday, Internet titans like Wikipedia, Reddit and Boing Boing launched a coordinated blackout to protest the Stop Online Piracy Act (SOPA) and the Protect IP Act (PIPA). But what is the SOPA bill? How would it affect the way the Internet works now? Who supports and opposes the bill, and is it even likely to pass?
Iran's foreign minister warned Arab neighbors on Thursday not to put themselves in a dangerous position by aligning themselves too closely with the United States in the escalating dispute over Tehran's nuclear activity.
Experts have recommended eliminating leap seconds from the time scale used by most computer systems, but governments are split on the issue, to be decided this week, the International Telecommunications Union (ITU) said Tuesday.
Gold edged lower on Thursday as the euro's retreat from highs in the wake of U.S. economic data prompted some buyers to cash in gains in the precious metal after a three-day run higher took prices to their strongest since mid-December.
The United States will join with Europe and other nations to hammer out a code of conduct for space activities, including how to deal with the growing problem of debris circling Earth, the Obama administration said on Tuesday.
Suspicion is growing that operatives in China, rather than India, were behind the hacking of emails of an official U.S. commission that monitors relations between the United States and China, U.S. officials said.
Video game publisher Trion Worlds has raised $85 million in a new round of funding as the privately held company aims to expand to Asia this year and launch new titles, CEO Lars Buttler told Reuters on Thursday.
China Communist Party members can now carry a tablet PC to verify identification cards, read the blogs of cadres and manage state-owned firms without fretting that using a bourgeois Apple Inc iPad will ruin their street cred.
Rather than sending back the RQ-170 Sentinel drone that crashed into Iran last year, Tehran-based Aaye Art Group says it plans to send President Obama miniature fake versions of the spycraft... and rumor has it the $4 toys are likely to be pink. Though the Iranian government is still insisting that the spy drone was over Iran when it crashed and that Iranian spies brought it down, the U.S. claims the aircraft was in Afghanistan, and suffered a technical malfunction.
The Obama Administration rejected the Keystone oil pipeline on Wednesday, a move that Republicans decried for sacrificing jobs and energy security in order to shore up the president's environmental base before elections.
China Communist Party members can now carry a tablet PC to verify identification cards, read the blogs of cadres and manage state-owned firms without fretting that using a bourgeois Apple Inc iPad will ruin their street cred.
For Chinese shipping executive Ping Bo buying gold is the best way to protect his family's wealth and give his 10-year-old son a headstart into adulthood.
