Orders for long-lasting goods sank in March by the largest margin in three years, hurt by falling demand for commercial aircraft, the Commerce Department reported Wednesday.
Demand for long-lasting U.S. manufactured goods dropped by the most in three years in March and a gauge of business spending plans fell, suggesting factory activity lost momentum as the first quarter ended.
Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations thanks to continued demand for replacement machinery in North America and growth in its mining business.
Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations thanks to continued demand for replacement machinery in North America and growth in its mining business.
Nissan Motors' Sentra variants may not have left much of an impression with the consumers. However, a redesigned version of the compact sedan is notably a cause for excitement.
Asian stock markets ended mixed Wednesday as market participants awaited the Fed meeting outcome for any hint at monetary easing.
The two most talked about smartphones after the Samsung and Apple biggies are AT&T HTC One X and Sprint Galaxy Nexus right now, which are not leaving any stone unturned to lure the US customers towards their offerings.
A senior North Korean military officer has claimed that Pyongyang is equipped with powerful modern weapons capable of defeating the US. This declaration coincides with speculation that the reclusive Asian nation may be planning to conduct a nuclear test, following its failed rocket launch on April 13.
Futures on major US stock indices point to higher opening on Wednesday ahead of the US Federal Reserve?s meeting and durable goods order data.
The Federal Reserve began a two-day meeting on Tuesday that will likely show the central bank is slightly more upbeat on the economy but in little hurry to raise borrowing costs.
The Dow and the S&P 500 rose on Tuesday after strong earnings and upbeat outlooks from big manufacturers like 3M Co , but Apple's slide ahead of its results drove the Nasdaq down.
Huawei Technologies Co Ltd , the world's No.6 mobile phone maker, said on Wednesday that it expects to ship more than 100 million mobile phones this year including 60 million smartphones as it aims to increase its global market share.
India has overtaken the US to become the world's top source of junk or unsolicited emails, accounting for one in ten spam messages in the inbox, research by a security firm has found.
World number one mobile network gear maker Ericsson beat expectations for earnings and margins in the first quarter, sparking hopes a period of market weakness has bottomed out and sending its shares up more than 3 percent.
It's early days, but powerful political currents could be sweeping Europe away from its hair-shirt obsession with reducing debt and deficits regardless of the economic cost.
Asian stock markets advanced Wednesday as signs of an improvement in the US housing market and better-than-expected quarterly earnings from corporate majors buoyed sentiment.
In a joint military exercise, nearly 7,000 U.S. and Philippine troops staged combat maneuvers in the disputed South China Sea region.
Wipro, India's third largest information technology services provider, reported 7.7 percent rise in profit in the quarter ending March 31, but forecast slower growth in the next quarter with the global economy continuing to be weak.
American International Group Inc has sued the co-founder and former chief executive of its aircraft-leasing unit, Steven Udvar-Hazy, accusing him and other former employees of stealing several thousand electronic files containing trade secrets.
Human Genome Sciences Inc , which rebuffed an unsolicited $2.6 billion takeover bid by British drugmaker GlaxoSmithKline , said on Tuesday it was reviewing strategic alternatives, including the sale of the company.
Goldman Sachs Group Inc must defend fraud claims brought by a bond insurance company over its notorious Abacus mortgage product deal, a New York state judge ruled, but she decided that the investment bank did not unjustly enrich itself.
Police in riot gear arrested two dozen people on Tuesday as protesters with a huge inflated rat sought to disrupt a Wells Fargo & Co annual shareholder meeting to express anger over foreclosures, executive compensation and corporate taxes.