U.S. stock futures signal rebound; eyes on retail sales
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following the previous session's sell-off, while investors braced for monthly sales data from retailers.
Stock futures signal rebound; eyes on retail sales
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, following the previous session's sell-off, while investors braced for monthly sales data from retailers.
United asks Boeing, Airbus to bid for 150 planes: report
UAL Corp's United Airlines has asked Boeing Co and Airbus to propose competing bids to supply up to 150 new airliners, the Wall Street Journal said on its website on Thursday.
Asia stocks fall as risk taking pauses
Asian equities fell from eight-month highs on Thursday, led by commodity-related shares, after disappointing U.S. private employment and services sector data led investors to trim over extended bets.
Sony Ericsson unveils two greener phones
Cellphone maker Sony Ericsson unveiled on Thursday two handset models it said are more eco-friendly, adding that the company will push greener features across its product line in the next two years.
German public broadcasters reduce Web offerings
Germany's public broadcasters will drastically reduce the programing they put online in response to attacks from commercial channels and newspapers that the online offerings represent unfair competition.
Wal-Mart to add 22,000 jobs at U.S. namesake stores
Discounter Wal-Mart Stores Inc says it will add more than 22,000 jobs in its U.S. namesake stores in 2009.
Asia stocks fall, dollar steady after U.S. data
Asian equities and metals prices slipped on Thursday, after disappointing U.S. private employment and services sector data led investors to trim over extended bets and look for better points to buy again.
Video game industry prays for resilient 2009
Game publishers, in a rare moment of solidarity, joined forces on Wednesday to convey optimism for the future of their $30 billion industry despite spiraling consumer spending and a global economic downturn.
U.S. Justice Dept probing big tech recruiting: source
The U.S. Justice Department is investigating possible pacts by big tech businesses not to poach one another's talent, a tech industry source with direct knowledge of the matter told Reuters on Wednesday.
U.S. court dismisses suits in warrantless wiretaps
A U.S. District Court on Wednesday dismissed lawsuits against telecommunications companies in a warrantless wiretap case, ruling that former President George W. Bush's administration had properly requested the cases closed for national security reasons.
DISH, EchoStar win stay of TiVo patent award
A U.S. appeals court on Wednesday stayed a Texas court's order forcing set-top box maker EchoStar Corp and satellite pay TV provider DISH Network Corp to disable millions of digital video recorders that infringe on a patent held by TiVo Inc.
Palm's Pre: a star is born?
It's no iPhone-killer, but the launch this weekend of Palm Inc's Pre could well become the brightest event this year for a gloomy industry.
Palm's Pre shines in ways, not in others
The long-awaited Pre has nice new touches, but Palm Inc has a lot of work to do if the device is to be a serious competitor to the iPhone.
Apple plans first East Coast data center
Apple Inc plans to invest up to $1 billion over the next nine years to build a data center in North Carolina.
Southwest Airlines’ pilots turn down contract offer
Pilots at Southwest Airlines Co. narrowly rejected a contract offer Wednesday with 51 percent of its pilots voting against the contract offer proposed by management.
New Air France debris found, crash remains mystery
Search crews flying over the Atlantic found debris from a crashed Air France jet spread over more than 90 km (55 miles) of ocean on Wednesday, reinforcing the possibility it broke up in the air.
Facts and speculation surrounding Air France crash
An Air France flight carrying 228 passengers and crew crashed into the Atlantic Ocean on Monday en route from Rio de Janeiro to Paris.
Obama says insurance mandates must excuse poor
President Barack Obama told Congress on Wednesday that any requirement for mandatory health insurance in a proposed overhaul of the U.S. healthcare system should allow exemptions for the poor and for small businesses.
BlackBerry maker warns on security vulnerability
BlackBerry maker Research in Motion Ltd has issued a security patch for the popular device, whose users include U.S. President Barack Obama, warning that it is vulnerable to attacks by hackers.
Obama seeks Saudi king's advice before Cairo speech
U.S. President Barack Obama will urge Arabs and Israelis to say publicly what they acknowledge in private about Middle East peace moves and Iran when he speaks to the Muslim world on Thursday.
GM, Chrysler say dealer cuts key part of revival
Top executives of General Motors Corp and Chrysler LLC were pressed by angry U.S. senators on Wednesday to rethink plans to slash more than 2,300 dealerships as a key part of their restructuring.
Wall Street dives on falling oil, recovery worry
Stocks tumbled on Wednesday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects.
News Corp hires DirecTV chief as No. 2 executive
Rupert Murdoch's News Corp named DirecTV Chief Executive Chase Carey as his top lieutenant on Wednesday, marking the return of one of the media conglomerate's most trusted veterans.
All-electric by Coda Automotive coming to market by 2010
Automaker Coda Automotive announced today it has an all-electric sedan ready to enter the U.S. market by 2010.
European body sees algae fuel industry in 10-15 years
Industrial-scale production of bioenergy from algae, or seaweeds, can be expected in 10 to 15 years, helping Europe to reach its green energy targets, the top official at a newly created bioenergy body said on Wednesday.
Crisis cuts costs for big wind players
Wind farm costs have fallen significantly for companies big enough to finance their own projects as the economic crisis cripples competitors for turbines, an executive from RWE Innogy said on Wednesday.
Companies not disclosing climate risks: studies
Most global industrial companies that emit a lot of greenhouse gases are not adequately detailing their climate strategies in U.S. financial filings, two studies by environmental and investment groups showed on Wednesday.
Renewables could take further hit: fund
Renewable stocks are likely to give up gains again after having recovered since March, but financially strong companies such as SMA Solar and SolarWorld will be hit less harder than others, according to fund firm Swisscanto.
Morgan Stanley seen among first to exit TARP
Morgan Stanley is likely to be part of the first wave of major banks to exit the U.S. government's bank bailout program after recently selling more than $2 billion of shares, research analysts said on Wednesday.