The number of planned layoffs at U.S. firms fell 17 percent in August from the prior month and hit the lowest level in 10 years, a report on Wednesday showed.
Growth in the country's manufacturing sector slowed more than expected last month, led by the weakest expansion in new orders for more than a year, a purchasing managers' survey showed on Wednesday.
Growth in the country's manufacturing sector slowed more than expected last month, led by the weakest expansion in new orders for more than a year, a purchasing managers' survey showed on Wednesday.
Social networking website Facebook is dipping into the brick-and-mortar world by selling gift cards at retailer Target that can be used toward purchasing virtual products for games hosted on the site.
India on Wednesday launched a clampdown on major Internet communications firms, including Google and Skype, and began accessing some BlackBerry traffic in a campaign driven by security fears.
Wall Street was set for a higher open on Wednesday as new signs of growth in China and Australia eased concerns about the global economy's health and investors shrugged off an unexpected cut in U.S. private sector payrolls.
World stocks kicked off September on a stronger note on Wednesday as data showed a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen held near recent 15-year peaks against the dollar.
Corrects timing of comments made about same-store sales in paragraph 8
Stock index futures trimmed gains slightly on Wednesday after data showed private employers unexpectedly cut 10,000 jobs in August.
Private employers unexpectedly cut 10,000 jobs in August compared to a revised gain of 37,000 in July, a report by a payrolls processor showed on Wednesday.
Growth in the country's manufacturing sector slowed more than expected last month, led by the weakest expansion in new orders for more than a year, a purchasing managers' survey showed on Wednesday.
Manufacturing activity in the euro zone expanded in August at its slowest pace since February as the pace of recovery among member countries diverged further, a survey showed on Wednesday.
U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said on Wednesday.
Amazon.com Inc has approached media companies with a proposal for a subscription service that gives users unlimited access to some television shows and movies over the Internet in a bid to rival Netflix Inc, two people familiar with the talks said on Tuesday.
Stock index futures rose on Wednesday as new signs of growth in China and Australia eased concerns about the global economy's health and investors awaited data on the labor market and housing.
Stock index futures rose on Wednesday as new signs of growth in China and Australia eased concerns about the global economy and investors awaited data on the labor market and housing.
Oil rose to $72 per barrel on Wednesday after news Chinese manufacturing growth accelerated last month, easing concerns over the pace of economic recovery.
Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and rosier-than-expected Australian growth, which halted the yen's advance towards a 15-year peak against the dollar.
Burger King Holdings Inc , the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation said on Wednesday.
Burger King Holdings Inc , the No. 2 U.S. hamburger chain, has been talking to private equity firms for a possible sale, the Wall Street Journal reported.
Australian Prime Minister Julia Gillard forged an alliance with the Greens party on Wednesday to take her party closer to forming a government, but vowed not to allow the deal to change her plans for a tax on miners' profits.
Stock futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.3 to 0.7 percent, pointing to a firmer start on Wall Street on Wednesday.
A law firm hired by the estate of Lehman Brothers Holdings Inc has demanded trading records, email and other material for all of 2008 from a few hedge funds and Goldman Sachs , the New York Times said.
China's manufacturing economy staged a moderate rebound in August after slowing for several months under the onslaught of government measures to rein in credit and deter property speculation.
Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and rosier-than-expected Australian growth, which halted the yen's advance toward a 15-year peak against the dollar.
Asian stocks rose on Wednesday as investors cheered a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen inched up towards a 15-year peak against the dollar.
Gold dropped from a two-month high in Asian trade Wednesday but likely to regain momentum on new reports of improving consumer confidence and home sales in the US.
Citigroup Inc plans to almost triple its workforce in China by hiring up to 7,500 people in the next three years, an executive told Bloomberg in an interview published on Tuesday.
Burger King Holdings Inc, the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation said on Wednesday.
China's manufacturing sector regained some momentum in August while India and Russia continued to power ahead, cheering investors in the face of signs that sputtering U.S. recovery was cooling global demand.
