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Global Markets Overview 15/03/2011

U.S. stocks ended lower on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.

World Market Overview 15/03/2011

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U.S. stocks ended lower on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.

GE's Immelt takes first bonus since 2007

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General Electric Co paid Jeffrey Immelt a $4 million cash bonus in 2010, following two years when the chief executive of the largest U.S. conglomerate declined a payout in the face of sliding profits.
Traders work on the floor of the New York Stock Exchange

US stocks decline on Japan concerns

U.S. stocks declined on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.
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Intel CEO Otellini talks during a news conference at the Consumer Electronics Show in Las Vegas

Obama to name Intel CEO to White House jobs panel

Intel Corp Chief Executive Paul Otellini will be named to a panel of experts advising President Barack Obama on jobs, the White House said on Friday. Otellini will join the President's Council on Jobs and Competitiveness, created in January to focus on lifting hiring and promoting growth.
Top Indian tech firms to hire local US talent

Top Indian tech firms to hire local US talent

Indian technology companies are now looking to hire fresh engineering graduates from American universities, as stringent immigration norms and high unemployment in the US make local hiring attractive, said a media report.
Obama to meet tech executives

Obama To Meet With Tech Execs

Reports have surfaced that President Barack Obama is meeting with several tech executives including Apple's Steve Jobs and Facebook's Mark Zuckerberg.
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Grapes Of Wrath 2011 - Wealth inequality highest since 1929

John Steinbeck's masterpiece The Grapes of Wrath stands as a chronicle of the Great Depression and as a commentary on the economic and social system that gave rise to it. His themes of man's inhumanity to man, the dignity and rage of the working class, and the selfishness and greed of the moneyed class ring true today.
U.S. President Barack Obama

Obama tries to woo business, slams burdensome tax

President Barack Obama stepped up efforts to woo the U.S. business community on Monday, seeking its help to tackle burdensome corporate taxes in a speech to a business group that has long been a fierce critic.
Microsoft

Is Microsoft's Future In Consumer Tech Certain?

Jefferies & Co. said investors are uncertain about Microsoft Corp.'s (MSFT) future in consumer technology and that they have chosen to discount all parts of the business until it becomes clearer what Microsoft’s competitive position in the key areas of tablets, smartphones and online search will be.

Hu's U.S. visit sets new tone but tensions remain

Chinese President Hu Jintao headed home on Friday after a U.S. visit both sides declared a success, but which left questions over how the world's top two economic powers will manage future frictions.

Stocks finish mixed

U.S. stocks delivered mixed results Friday, General Electric led the way among blue chip stocks with a stronger-than-expected earnings, while financial sector stocks turned in mixed results.

Immelt’s appointment has labor leaders concerned

Jeffrey Immelt’s appointment by President Obama to head his new White House economic council has some labor leaders concerned, given the perception that the boss of General Electric (NYSE: GE) is hostile to the union movement and is committed to outsourcing American jobs to foreign (cheaper) workers.

Hu visits U.S. heartland to tout business ties

Chinese President Hu Jintao took his political roadshow to the U.S. heartland on Friday, visiting Chicago to highlight business and cultural ties between the world's two largest economies.
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Instant view: GE Q4 profit, revenue top estimates

General Electric Co reported better-than-expected earnings, helped by the recovery of its finance arm and a rise in revenue at its industrial units, including a sharp pickup in sales of locomotives.
Traders work on the floor of the New York Stock Exchange

US stocks open higher on upbeat earnings

US stocks advanced in early trade on Friday as upbeat quarterly results from General Electric and Google and strong German IFO business sentiment data boosted investor sentiment.

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