Equities, commodities and the euro extended gains Thursday after the U.S. Federal Reserve said it would keep interest rates low for a much longer-than-expected period, providing ample liquidity to help spur growth.
French drug-maker Sanofi, which acquired Genzyme Corp, has announced that the Food and Drug Administrator (FDA) has given approval to its new plant to manufacture Fabrazyme, a drug used for the treatment of Fabry disease.
Sources from within China's Foxconn plant say Apple's next-gen smartphone, the iPhone 5, is ready to begin production. The phone will reportedly feature a bigger 4-inch screen and a longer and thinner form factor.
Studying the potential health hazards of nanotechnology will require an additional $24 million a year to close the knowledge gap about the tiny particles used in a fast-growing array of consumer products, the National Research Council said on Wednesday.
Now that Apple, the world’s most valuable company, has reported blowout first-quarter results for its best-ever period, it’s also disclosed holding $97.6 billion in cash and investments.
If you listened to the president’s State of the Union address Tuesday evening, you may have been confused. The rosy picture he painted of America as a thriving, secure, prosperous, and upwardly mobile nation doesn’t match reality, as you and I know it. In fact, Obama’s reckless deficit spending has taken this country to the edge of financial collapse, leaving us jobless, economically stagnant, lacking in innovation, and weak in our national defenses.
President Obama delivered his 2012 State of the Union Address on Tuesday night, making a bid for 2012 reelection. In a sweeping speech, the President touched upon issues like taxes, the economy, manufacturing and keeping the American dream alive. Though the current State of the Union is quite shaky, Obama highlighted the progress being made and attempted to solidify a sturdy campaign base.
The euro and European shares weakened on Wednesday as fears about the prospect of a Greek debt default overwhelmed positive news on the outlook for Germany, the region's largest economy.
Sony has confirmed they will begin shipping samples of an 8 megapixel module sometime in March.
Those who compulsively download and swear by the BitTorrent sites can't possibly live without filesharing. When the anti-piracy Internet meme You wouldn't download a car became popular, mocking at the impossibility of sharing and owning physical objects through BitTorrent sites, many wondered if it was feasible.
President Barack Obama Tuesday used his 2012 state of the union address to the American people and Congress to propose initiatives to create jobs, help companies increase their U.S.-based operations, and help Americans learn the skills they need to succeed in the modern/postmodern global economy.
About one-third of city residents (33.2 percent) live in poverty, among the highest such rates in the country for large cities.
While shares of Apple, the most valuable technology company, fell about 1 percent to $422.37 Tuesday ahead of its first-quarter earnings announcement, TechnoBuffalo editor Jon Rettinger warned the company is swimming in uncharted waters.
Boeing, the largest U.S. airplane and defense manufacturer, is projected to report lower fourth-quarter earnings because the mix of aircraft delivered was less profitable and the year-earlier quarter saw a favorable tax settlement.
Is his state of the union address Tuesday night, look for President Barack Obama to outline the role public policy can play in addressing the nation’s No. 1 problem: its high 8.5 percent unemployment rate and shortage of at least 10 million jobs.
Gold prices retreated Tuesday as the dollar rose in value, investors took profit from more than three weeks' of gains and talks between Greece and its debtors hit a snag.
The Supreme Court ruled on Monday that police must obtain a search warrant in order to use a GPS device to track suspected criminals, upholding the Fourth Amendment.
Which countries buy the most Iranian oil and what does it mean for the international community's attempt to stop Iran's nuclear program?
If you look at the back of any iPhone, you're likely to come across the words, Designed by Apple in California. Assembled in China. Indeed, from the very first generation iPhone to the latest iPhone 4S, the world's most popular smartphone have come to be made in China and not in the U.S. An analysis, based on interviews with Apple's former and current executives and employees at Apple's supply chains and manufacturing experts by The New York Times, has now revealed why the wo...
Germany's ThyssenKrupp and Finland's Outokumpu are in early talks over a stainless steel tie-up, moving towards the long-awaited consolidation of a sector that has struggled to battle overcapacity and cheap Chinese imports.
Gold prices rose Monday to a six-week high on widespread optimism that recent signs of global economic growth mark a sustainable pattern.
Japan's Sony Corp. will transfer domestic construction of lithium-ion batteries used in products such as mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.
