Wells Fargo Securities said California's labor market has shown some encouraging signs of improvement over the past three months, though jobs creation for much of the year has been a hit-or-miss venture.
Balasubramanyam Seshan
Dec 01, 2011
Salesforce.com Inc. (NYSE: CRM) held its Cloudforce user event in New York City on Wednesday. The company formally launched its Social Marketing Cloud service and the AppExchange Mobile Site at the event.
Balasubramanyam Seshan
Dec 01, 2011
The new head of the European Central Bank signaled Thursday it was ready to take stronger action to fight Europe's debt crisis if political leaders agree next week on much tighter budget controls in the 17-nation euro zone.
Eric Linton
Dec 01, 2011
Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.2 percent at 4:37 a.m. ET.
IBT Staff Reporter
Dec 01, 2011
Maruti Suzuki, India's top car maker, said sales in November fell 18.5 percent, as the troubled carmaker recovered, partially, from a 53 percent fall in October.
Raymond Ronamai
Dec 01, 2011
Asian shares rallied to two-week highs Thursday, building on strong global gains after the world's six major central banks moved to tame a liquidity crunch for European banks by providing cheaper dollar funding.
Eric Linton
Dec 01, 2011
The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to save the Japanese firm from a big accounting scandal.
IBT Staff Reporter
Dec 01, 2011
The former chief executive of Japan's disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and install his own team to save the firm from a big accounting scandal.
IBT Staff Reporter
Nov 30, 2011
A Japanese research group identified the yeast strain Pseudozyma, common worldwide, that excretes an enzyme that eats away at biodegradable plastics.
Trevor Stokes
Nov 30, 2011
The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone's debt crisis drove EU ministers to urge more IMF help to avert financial disaster.
IBT Staff Reporter
Nov 30, 2011
After 33 days at sea, two Kiribati men were rescued by U.S. coast guard on a remote Pacific atoll in the Marshall Islands.
Mark Johanson
Nov 30, 2011
Gold shot higher Wednesday after the world's top central banks launched a coordinated plan to provide liquidity to struggling Eurozone banks and China did likewise for its banks.
Mike Obel
Nov 30, 2011
Central bank action on Wednesday to ease severe funding strains for the world's private sector banks may help cushion a brewing global credit crunch but it only buys some wiggle room for governments trying to resolve the euro debt crisis and keep banks lending.
IBT Staff Reporter
Nov 30, 2011
The United Nations has announced that Mexican mariachi music, Chinese shadow puppetry and poetic dueling competitions in Cyprus are among several cultural traditions that are both crucial to a living culture and are at risk of dying out, prompting moves to protect and encourage their practice. UNESCO has placed 19 new items on the Intangible Heritage List.
Melanie Jones
Nov 30, 2011
Despite warnings of travel chaos, the Nov. 30 public sector strike in the UK has caused no significant delays at Britain's main airports.
Mark Johanson
Nov 30, 2011
Oil jumped above the psychologically-significant $100 level on Wednesday after a coordinated move by central banks to address pressures in global money markets.
Joseph Lazzaro
Nov 30, 2011
Precious metals prices jumped Wednesday, with palladium surging nearly five percent, after the world's top central banks announced a coordinated rescue of the Eurozone's rapidly deteriorating finances.
Mike Obel
Nov 30, 2011
Enbridge Inc's proposed C$5.5 billion ($5.3 billion) pipeline to British Columbia poses a raft of environmental risks, according to a new report that signals the project will become the next battleground over the future of Canada's oil sands.
IBT Staff Reporter
Nov 30, 2011
Australia's foreign minister on Wednesday backed the formation of a security pact with India and the United States, a tie-up that could fuel China's worries of being fenced in by wary neighbors.
Raymond Ronamai
Nov 30, 2011
The Nikkei share average ended lower on Wednesday, reversing two days of gains on profit-taking as investors remained cautious over new
developments in the Eurozone debt crisis and looked to data later in the week.
Joseph Lazzaro
Nov 30, 2011
The Eurozone seems all set to enter a period of deep recession, with the credibility of governments' ability to keep the region in balance under serious doubt. The Organisation for Economic Co-operation and Development (OECD) has already issued a warning that Eurozone and U.S. leaders must act urgently to stop their debt crises from spiralling out of control.
Bhaskar Prasad
Nov 30, 2011
Space Sport: Astronaut Plays 'Spaceball' Baseball in Space [VIDEO]
Aditi Mathur
Nov 30, 2011