Market flat on pending jobs data
Stocks were little changed on Thursday as investors paused before Friday's key employment report that could shed light on the economy and the outlook for interest rates and corporate profits.
Dollar weakens ahead of payrolls data
The dollar fell on Thursday, snapping a three-day rally, as dealers anticipated Friday's September U.S. payrolls data may still keep the Federal Reserve on track to cut interest rates later this month.
iPod cheap in Hong Kong, but a Brazil bank-breaker
In the market for a new video iPod? Head to Hong Kong or, if Europe-bound, stop off in Switzerland. But best avoid Brazil.
Nintendo gets touchy with new Zelda
Nintendo has reworked one of its most beloved franchises in a new Zelda video game designed to appeal to a broader audience.
Sony PSP Japan sales hit record high
Sony Corp said on Thursday it sold a record number of its PlayStation Portables (PSP) in Japan in September as a slimmer and cheaper version of the handheld game machine helped drive demand.
Google says closing gap with China rival
Web search leader Google Inc said on Thursday it is closing the gap with rival Baidu in China, after years of trying to increase market share in the world's second-largest Internet arena.
Wendy's same-store sales rise
Wendy's International Inc said on Thursday sales at its company-owned hamburger restaurants open at least 15 months rose 0.2 percent in the third quarter.
Koreas seek formal end to Korean War
Leaders of the two Koreas agreed on Thursday to try to bring peace to the Cold War's last frontier, just a day after the North signed up to an international deal to disable its nuclear facilities.
South African gold mine accident rescue continues
Around 1,250 miners remained trapped more than a mile underground in a South African gold mine on Thursday after an all-night rescue mission.
Departing Bear Stearns Star takes $8 billion
Bear Stearns Cos Inc said on Thursday it expects that departing star money manager will take about $8 billion of its asset management division's $44 billion of assets with him.
LG.Philips LCD and Taiwan rivals to post strong Q3 profit
Flat screen maker LG.Philips LCD Co. Ltd. and two Taiwan rivals are set to post strong quarterly profits, and growing demand for flat screens and tight supply are likely to ensure a healthy market through 2008.
Oil Steadies Near $80
Oil prices steadied near $80 on Thursday after a surprise build in U.S. crude inventories overshadowed an unexpected decline in fuel stocks.
Toyota banks on new Lexus F series to polish brand
Toyota Motor Corp unveiled the production model of its Lexus IS F sports car on Thursday as it aims to close the gap with global luxury car heavyweights Mercedes-Benz and BMW AG.
Pfizer names new research chief
Pfizer Inc on Thursday named Martin Mackay, one of its senior research executives, as its new research chief, and selected a Merck & Co Inc research officer to head clinical development of its medicines.
N.Rock loans from BoE seen near $5.9 billion
Stricken British mortgage lender Northern Rock may have borrowed a further 2.9 billion pounds ($5.9 billion) from the Bank of England in the past week, according to Bank of England data.
Factory orders fall, jobless claims rise
New orders at factories fell more than expected in August and jobless claims climbed last week, government reports showed on Thursday, but markets awaited more conclusive evidence of the impact of the housing slump and credit crisis on the economy.
Yahoo, eBay work to block phishing
Yahoo Inc, is working with auction leader eBay Inc and its PayPal payments unit to block fake e-mails to users purporting to be from eBay and PayPal, hoping to spur on an industry that has been slow to fight the scourge of so-called phishing attacks.
GM deal clears way for thousands of lower-wage hires
General Motors Corp will be able to replace roughly a quarter of its factory workers with lower cost hires under the tentative contract reached last week with the United Auto Workers union.
Bear Stearns president says market tensions easing
Bear Stearns Cos Inc is seeing renewed flows in the financial markets as fear eases after this summer's credit crunch, the firm's president said on Thursday.
Rescuers lift 150 trapped South Africa miners to surface
The first 150 of 3,200 trapped deep underground in a gold mine were brough to the surface early on Thursday.
O2 UK digs deep for iPhone advertising splash
Spanish-owned O2 UK and U.S. consumer electronics group Apple plan to launch a multi-million pound joint advertising campaign later this month as they get ready to bring iPhone mobile phones to Britain.
Verizon Wireless plans prepaid revamp, ad alerts
Verizon Wireless, the No. 2 U.S. mobile service, plans to offer new options for customers who pay for calls in advance and the company will send advertising alerts to subscribers who ask for the information, according to marketing chief Mike Lanman.
Blockbuster's online DVD subscribers seen down
Blockbuster Inc, whose management met with members of Wall Street last week, is expected to report a fall in subscribers to its online DVD rental service, some investors and analysts said.
Spam-scam crackdown nets $2 billion in fake checks
An international crackdown on Internet financial scams this year has yielded more than $2.1 billion in seized fake checks and 77 arrests in the Netherlands, Nigeria and Canada, U.S. and other authorities said on Wednesday.
Electronics companies press free trade deals
U.S. electronic companies with combined annual sales of $160 billion urged Congress on Wednesday to approve four pending free trade agreements, which they said were vital to continued economic growth.
Wal-Mart Opens Bank in Mexico
Wal-Mart has finalized preparations for opening its own bank in Mexico, according to latest reports, with branches in the region to be called Banco Walmart de Mexico Adelante.
Wal-Mart told to pay more in worker suit
Wal-Mart Stores Inc must pay an additional $62.3 million in damages to Pennsylvania workers who were forced to work "off the clock" or during rest breaks, a judge ruled on Wednesday.
Congress calls for mortgage czar
Lawmakers called on Wednesday for a 'mortgage czar' to help cope with an expected wave of foreclosures from the U.S. housing slump but Alan Greenspan said the credit crunch was past the worst. Fallout from a global credit squeeze, sparked by problems in the U.S. subprime mortgage market, have rattled markets in recent weeks, threatening economic growth and bank earnings.
Bush holds up North Korea as possible model for Iran
President George W. Bush on Wednesday held up North Korea as a possible model for resolving the Iranian nuclear standoff and reaffirmed a U.S. offer of talks if Tehran suspends uranium enrichment.
Bush vetoes popular bill on kids' health care
President George W. Bush on Wednesday vetoed a measure to expand a popular children's health care program, launching the first in a series of major battles with Democrats over domestic spending. An extra $35 billion over five years would have been added to a health program for low-income children.