Automaker Ford said Thursday that it plans to build a $760-million assembly plant in the eastern Chinese city of Hangzhou as part of expansion plans in the country.
Advanced Micro Devices (NYSE: AMD), the No. 2 microprocessor developer, reported first-quarter operating income that beat estimates, despite posting a net loss on one-time charges, as revenue rose more than expected.
Regional manufacturing activity shrank in April, but employment increased, according to the Philadelphia Federal Reserve's Business Outlook Survey, which was released Thursday.
The index of U.S. leading economic indicators rose 0.3 percent in March, extending its upward trend for a sixth month. Thursday's data points to a more positive outlook despite subdued consumer expectations and weakness in manufacturing new orders.
Dow Chemical Co. (NYSE: DOW), the second-largest chemical company by revenue, said Thursday it will build an ethylene plant in Texas to take advantage of the sharply lower costs of natural gas feedstock, something its foreign rivals cannot take advantage of.
Eurosclerosis may finally have hit the technology sector.
A Canadian man, Lee Moir, impersonated pop superstar Justin Bieber on Facebook to sexually abuse a 12-year-old girl from New Jersey according to authorities.
Advanced Micro Devices (NYSE: AMD), the No. 2 microprocessor developer, has nowhere to go but up. Investors this year have sent its shares soaring nearly 50 percent.
Enraged hackers broke into the websites of drugmakers that produced pills tainted with poisons, in an attack against what they called the failure of Chinese societyi to protect citizens.
Intel (Nasdaq: INTC), the No. 1 chipmaker, reported first-quarter earnings beat estimates as sales rose much more strongly than expected.
Industrial output was flat for a second straight month in March, held back by a drop in manufacturing, according to a Federal Reserve report on Tuesday that suggested a cooling in factory activity.
Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, reported better-than-expected first quarter profit on cost cutting and strong demand for new drugs, which offsets drags from generic competition and recalls.
Futures on major US indices point to a higher opening Tuesday ahead of the quarterly earnings from top investment bank Goldman Sachs (NYSE: GS) and key housing data due to be released before market opens.
Yet another grim development in China's ongoing battle with poor industrial and manufacturing practices -- what do you do if the pills you take make you even sicker than before?
The Italian automotive design company Zagato will begin selling the Volpe, a €6,900 ($9,016) electric city car in 2013, Left Lane News reported Monday.
Intel (Nasdaq: INTC), the No. 1 chipmaker, is scheduled to report first-quarter results after markets close Tuesday. As always, Intel’s report will be a bellwether for the semiconductor industry.
Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, is expected to report higher first-quarter profit as strong performance of new drugs offsets drags from generic competition and strings of recalls.
The New York Fed reported on Monday slowing growth within the manufacturing sector in March, with overall sentiments remained positive and employment improved despite difficulty finding highly-skilled labor.
Futures on major US stock indices point to a higher opening on Monday ahead of economic data including retail sales.
The Reserve Bank of India (RBI) is expected to ease rates when it announces the annual credit policy on Tuesday, in order to lift constraints on lending and in a response to the continued shortage of liquidity in the banking sector faced with a slow moving economy.
Reports on retail sales and housing starts in March highlight the economic calendar next week, April 16-20. Economists will be watching for any lingering signs of a positive boost from the recent warm weather, as well as indications of whether the strength in consumer demand continues.
Samsung Galaxy S3 and Apple iPhone 5 are launching almost at the same time in May or June. Both phones are coming with revolutionary features like updated OS, quad core processor and grand cameras. Which one will be the winner?
