Result Page 628 for Latest Markets / Finance News & Archive

Google launches Chrome PCs, takes on Microsoft

Samsung and Acer Inc laptop computers using Google's Chrome operating system will go on sale in June, as the world's No. 1 Internet search engine tries to entice people to do more on the Web.

Commodity fall sparks flight from stocks

Stocks nearly erased a three-day rally on Wednesday as energy and other commodity shares sank, feeding worries about the market's ability to stay on its upward path.

Indian Web rules risk curbing info flow: Google

Holding internet platforms liable for third-party content would lead to self-censorship and reduce the free flow of information, Google Inc said on Wednesday in reaction to India's new rules.

Bernanke says big banks need tighter rules

Larger financial firms should face more onerous regulatory requirements to make sure they can withstand turbulence in economy or credit markets, Federal Reserve Chairman Ben Bernanke will say on Thursday.

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Fed should ease up on gas in 2011: Kocherlakota

Minneapolis Federal Reserve Bank President Narayana Kocherlakota on Wednesday repeated his call for a half-percentage-point interest rate hike by year-end, lending his weight to what still appears to be a minority view at the U.S. central bank.

Alibaba's Ma sends Yahoo a message, takes Alipay

Alibaba Group's latest message to Yahoo sounds a lot like the last one: it wants its shares back.

Sony: Hackers launched no new PlayStation attack

A security measure that Sony Corp installed made one of the official PlayStation websites unavailable in Japan.

April budget gap narrows sharply from year ago

A surge in income tax receipts helped cut the U.S. monthly budget deficit in half in April compared to a year ago, figures issued by the Treasury Department on Wednesday showed.

Commodity weakness drives fall in stocks

Stocks dropped on Wednesday, ending a three-day rally, as energy and other commodity shares sank, fueling worries about the market's ability to pursue its upward path.

Instant View: Rajaratnam found guilty of insider trading

Hedge fund manager Raj Rajaratnam was found guilty on 9 counts of securities fraud and five counts of conspiracy.

Google launches Chrome PCs

Samsung and Acer Inc laptop computers using Google's Chrome operating system will go on sale in June, as the world's No. 1 Internet search engine tries to entice people to do more on the Web.

Rating agencies win dismissal of lawsuits

The three major U.S. credit rating agencies won the dismissal of lawsuits seeking to hold them liable as underwriters for helping banks structure securities transactions to achieve desired ratings.

BofA working through mortgage problems: CEO

Bank of America Corp is working to improve profits by reducing its number of problem mortgages and cutting other expenses, Chief Executive Brian Moynihan told shareholders on Wednesday.

Republicans seek changes to SEC whistleblower rule

U.S. House Republicans are mounting a last-ditch effort to influence a corporate whistleblower rule that companies fear will drive cash-hungry tipsters directly to the government, undermining internal compliance programs.

Greeks strike over cuts, EU goes slow on new aid

Greek police clashed with stone-hurling youths and thousands protested against austerity in Athens on Wednesday as EU and IMF envoys began talks with the government on stepping up fiscal reforms.

Texas Instruments wins Ubiquisys small cell deal

Ubiquisys, a technology start-up backed by Google, will partner with Texas Instruments to develop a new generation of small basestations to help meet demand from surging mobile data consumption.

Greeks strike as EU and IMF start key visit

Police fired tear gas at dozens of youths hurling stones in central Athens on Wednesday and a strike against austerity brought much of Greece to a halt during talks on the next slice of a bailout package.

Exports hit record high, trade gap widens on oil

U.S. exports hit a record high in March, buoyed by the weak dollar and strengthening global demand as U.S. trade returned to levels last seen before the global financial crisis.

EU goes slow on new aid, Greeks strike over cuts

EU finance ministers will discuss Greece's debt crisis next week but will not decide on new emergency aid until a mission to strike-hit Athens that began on Wednesday gives its verdict on progress on reforms.

U.S. exports hit record high, trade gap widens on oil

U.S. exports hit a record high in March, buoyed by the weak dollar and strengthening global demand as U.S. trade returned to levels last seen before the global financial crisis.

Yahoo shares slide on Alipay restructuring

Yahoo shares fell as much as 8.6 percent on Wednesday after the controller of Alibaba Group, which includes China's largest e-commerce company Alibaba.com <1688.HK>, took full control of Alipay, a Chinese online payment business.

Visa to launch digital wallet for U.S. banks

Visa Inc, the world's largest credit and debit card processing network, is building a digital wallet that people can use to pay for things online or with their phones instead of with traditional cards.

Sweeping guilty verdict against Rajaratnam

Galleon Group hedge fund founder Raj Rajaratnam was found guilty of 14 securities fraud and conspiracy charges on Wednesday, in a vindication for the government's use of aggressive tactics in prosecuting insider trading on Wall Street.

Energy stocks weigh on Wall Street, Disney hurts Dow

U.S. stocks faltered on Wednesday after a three-day rally as falling crude prices hurt energy stocks and disappointing Disney earnings dragged down the Dow industrials.

Exports set record as trade gap widens

U.S. exports set a record in March, buoyed by the weak U.S. dollar and strengthening global demand as U.S. trade flows returned to levels last seen before the global financial crisis.

Trade gap widens more than expected in March

The U.S. trade deficit widened more than expected in March, as exports leapt to a new record but imports rose nearly 5 percent as oil prices jumped, a U.S. government report showed on Wednesday.

Japan to inject $62 billion into Tepco compensation fund

Japan's government is planning to inject about $62 billion into a fund to help Tokyo Electric Power compensate victims of the crisis at its nuclear plant and save Asia's largest utility from financial ruin.

Wall St falls, weighed by energy stocks, Disney

U.S. stocks fell on Wednesday after a three-day rally as Disney results weighed on the Dow industrials and a slide in crude prices hurt energy stocks.

Wall Street set for flat open after 3-day rally

U.S. stocks were set to open little changed on Wednesday as investors sorted through company news to find reasons to lift the market further after three days of gains.

Trade gap widens on oil, exports set record

The U.S. trade deficit widened more than expected in March, as rising oil prices helped push imports nearly 5 percent higher while exports leapt to a new record, a U.S. government report showed on Wednesday.

Japan aims for Tepco compensation scheme this week

Japan's trade minister said he was aiming for cabinet approval this week of a government-backed scheme to help Tokyo Electric Power pay for damages caused by the crisis at its Fukushima Daiichi nuclear plant.

HSBC in $3.5 billion cost-cutting overhaul

HSBC's new boss is to cut back in retail banking and may sell its U.S. credit card arm in a bid to cut $3.5 billion in costs and revive flagging profits.

AIG, Treasury to sell nearly $9 billion in stock

American International Group will sell 100 million shares and the U.S. Treasury will sell 200 million shares, as the bailed-out insurer begins its return to public control.

Stock futures rise as China's economy cools

U.S. stock index futures edged higher on Wednesday on follow-through from three days of gains on Wall Street as growth in China showed signs of cooling.

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