Manufacturing expands for 10th straight month
Manufacturing grew for a 10th straight month in May and construction spending notched its fastest pace in nearly 10 years in April, suggesting the U.S. economy will add jobs and weather Europe's debt storm.
Australian zoo uses Facebook to find monkeys
An Australian zoo has posted an urgent plea on its Facebook page for help in returning eight stolen endangered monkeys, so small they could fit in a handbag or the palm of your hand.
Apple shares rally on strong iPad demand
Shares of Apple Inc rallied on Tuesday, as a successful international launch of its iPad tablet prompted Wall Street analysts to raise earnings and sales estimates.
U.S. probes Ford Fusion on reports of trapped pedals
U.S. safety regulators have opened a preliminary investigation into the possibility that accelerator pedals could be entrapped by floormats in Ford Motor Co 2010 Fusion and Mercury Milan sedans.
Alcoa sets tentative labor pact with union workers
Alcoa Inc said Tuesday it reached a tentative agreement with the United Steelworkers union on a new 4-year labor contract covering 5,400 workers at 10 of the aluminum producer's manufacturing locations in the United States.
Covidien to buy ev3 for $2.6 billion in vascular deal
Covidien Plc plans to acquire ev3 Inc for $2.6 billion to boost its business in stents and other vascular devices, underscoring the favorable deal climate in the medical technology industry.
Wall Street little changed as energy shares hit
Stocks were little changed on Tuesday after data showed manufacturing expanded for a tenth straight month, but worries of wider fallout from the oil spill in the Gulf of Mexico kept a lid on gains.
Exclusive: Small business borrowing rose in April
Small businesses are borrowing more than they were at the depths of the recession, but their appetite for loans remains poor, data released by PayNet Inc on Tuesday showed.
BA, striking union hold talks
British Airways Plc and officials from the Unite trade union plan were holding talks on Tuesday to try to resolve a dispute with cabin crew staging the latest in a series of strikes.
HP to cut net 3,000 jobs
Hewlett-Packard Co said it aims to boost margins by cutting jobs and reallocating spending to more profitable technology services, shrinking its workforce by a net 3,000 jobs, or 1 percent, over three years.
Stocks flat in choppy trade
Wall Street was little changed in choppy mid-day trading on Tuesday after erasing losses as data showing U.S. manufacturing expanded for a tenth straight month failed to quell fears of a slowing economy.
AIA's IPO plans in focus after Pru rebuff
AIG's rejection of a lowered takeover offer by Prudential for its Asian life insurance business has shifted attention back to the company's IPO plans.
Prudential deal near collapse as AIG snubs lower offer
Prudential Plc's bid for rival AIG's Asian unit was close to collapse after the British insurer failed to secure a price cut, triggering talk it might itself become a takeover target.
HP sets $1 billion investment, to cut 3,000 jobs
Hewlett-Packard plans to spend $1 billion to bolster its corporate services business, and will shrink its workforce by 1 percent, or 3,000 jobs, over three years.
More employers expect to pay higher salaries: survey
More U.S. employers expect to pay higher salaries to new hires as demand for professional staff improves with a stronger economy, a semiannual survey by Dice Holdings Inc found.
Manufacturing sector grows in May
The manufacturing sector expanded in May for a tenth straight month but at a slower pace than in April while employment rose slightly to its best level in six years, according to an industry report released on Tuesday.
Instant View: Bank of Canada first in G7 to hike rates
Canada became the first of the G7 major industrialized countries to begin hiking interest rates following the global financial crisis, raising its key rate on Tuesday by a quarter-point to 0.50 percent.
Three Words That Will Kill Your Cover Letter
It's pretty easy to recognize a terrible cover letter within the first 2 seconds of reading one. People tend to forget that this document is a sales tool - you use it to sell yourself to a prospective employer. That being said, it's very easy to ruin your potential sale with just a few simple words.
Regulation Era - The 60's Return
The decade of the 1960s stood orthodoxy on its head. It was a time when alternative everything got a hearing. Expertise came into doubt; the phrase some decisions are too important to be left to the experts was heard everywhere.
Stocks rise on construction, factory data
Wall Street rose on Tuesday as U.S. construction spending recorded its largest monthly increase in nearly 10 years and U.S. manufacturing expanded in for a tenth straight month.
HP to spend $1 billion to boost business services
Hewlett-Packard plans to spend $1 billion to bolster its corporate services business, and will shrink its workforce by 3,000 jobs over three years as it consolidates related operations.
Dubai Holding unit mulls asset sales after 2009 loss
Dubai Holding's main unit said it may resort to asset sales to deal with its debt after posting a $6.2 billion loss for 2009, sending shares in Dubai tumbling as the market reacted to the latest setback for the emirate.
Stocks pare losses after ISM data
Stocks pared losses and the Dow and the Nasdaq turned positive on Tuesday after a report showed U.S. manufacturing grew more than expected in May.
Soaring costs force Canada to reassess health model
Pressured by an aging population and the need to rein in budget deficits, Canada's provinces are taking tough measures to curb healthcare costs, a trend that could erode the principles of the popular state-funded system.
G8 seeks new drive to meet 2015 aid goals for poor
(Reuters) - The Group of Eight industrialized nations plan to invest in better health for mothers and young children in poor nations to meet faltering goals for slashing world poverty by 2015, a draft text for a G8 summit said.
Experts find compound to fight bird, seasonal flu
(Reuters) - Scientists have identified a chemical compound that can stop the H5N1 bird flu virus as well as seasonal human flu viruses from replicating.
Stock futures sharply off after factory data
U.S. stock index futures indicated a drop of more than 1 percent at the open on Tuesday as a slowdown in global manufacturing added to doubts about the pace of an economic recovery.
BA, striking union plan further talks
British Airways Plc and officials from the Unite trade union plan further talks later on Tuesday to try to resolve a dispute with cabin crew staging the latest in a series of strikes.
Boeing gets plane order from Russia state firm
U.S. aircraft maker Boeing has won an order from a Russian state company for up to 65 planes, nearly half its net order for 2009, beating European rival Airbus and a Russian manufacturer.
Stock futures indicate sharp drop at open on Asian data
Dow and S&P index futures indicated a drop of about 1 percent at the open on Tuesday as a slowdown in Asian manufacturing added to doubts about the pace of an economic recovery.