U.S. stock investors will return to a tug-of-war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit-rating downgrades in Europe will keep that region's difficulties in view.
IBT Staff Reporter
Jan 13, 2012
Psi Health Solutions Inc. is launching its stylish acupressure wrist bands Friday in Italy, the company's seventh international market. Manufactured in China, Psi Band's global expansion mirrors a growing trend for small businesses struggling with growth and sales in the still sluggish U.S. economy.
Moran Zhang
Jan 13, 2012
Danish wind turbine maker Vestas (VWS.CO) will cut 2,335 jobs in a bid to restore profitability after rising costs wiped out its 2011earnings.
Mike Obel
Jan 12, 2012
Ford CEO Alan Mulally and Xerox CEO Ursula Burns both decried the state of U.S. higher education Wednesday and said it wasn't producing enough engineers to ensure U.S. technology leadership.
David Zielenziger
Jan 11, 2012
President Barack Obama plans to introduce a series of incentives to bring outsourced jobs back to America and increase domestic investment.
Joseph Orovic
Jan 11, 2012
Just because Apple isn't officially attending CES 2012 doesn't mean its presence isn't felt. Rumors are heating up that Apple's next-gen iPad 3 is actually be at the event. That rumor isn't confirmed, but what IS confirmed is that about 250 Apple employees are secretly making their rounds at the event, quietly judging their competition.
Dave Smith
Jan 11, 2012
Detroit's economy wasn't exactly in great standing before the housing bubble burst, before the automotive manufacturing that supports the community burst. It was already a case of haves, and have-nots. But when it all came crumbling down, with automakers slashing jobs and two filing for bankrtuptcy -- General Motors and Chrysler -- the shaky pedestal gave way.
David Magee
Jan 11, 2012
Even before the rumor mills have stopped buzzing about iPad 3, words about its successor iPad 4 are beginning to surface.
Wendy Li
Jan 11, 2012
Already, Hyundai is selling all the Elantra's it can make, said John Krafcik, the company's North American CEO. But that doesn't mean Hyundai won't leverage the Elantra's Car of the Year award to the benefit of the brand. Krafcik said it's an overall boost to the company's image with consumers, particularly in the small-car segment revealing that Hyundai has top of the line products.
David Magee
Jan 10, 2012
The Chinese will take to the sea in style following an announcement Tuesday that Shandong Heavy Industry Group-Weichai Group will be buying a majority share of Italian yacht maker, Ferretti Group.
Pierre Bertrand
Jan 10, 2012
U.S. authorities are investigating allegations that an Indian government spy unit hacked into emails of an official U.S. commission that monitors economic and security relations between the United States and China, including cyber-security issues.
Raymond Ronamai
Jan 10, 2012
U.S. authorities are investigating allegations that an Indian spy unit hacked into e-mails of a U.S. commission that monitors economic and security relations between the United States and China, including cyber-security issues.
Eric Linton
Jan 09, 2012
Novartis issued a recall on Sunday for a number of its over-the-counter drugs including headache remedy Excedrin and Bufferin, due to mislabeled and broken pills during manufacturing. Here's how you can get a full refund for the recalled products.
Nadine DeNinno
Jan 09, 2012
The Detroit Auto Show 2012 has been so far a testament to value and design combinations, key elements that deliver winning car products. The Hyundai Elantra kicked off the first day of the North American International Auto Show -- as it's officially called -- Monday with a somewhat surprising win as Car of the Year. The compact Elantra, cited by voting jurors for its low price and high efficiency with 40 miles per gallon, beat the Ford Focus and Volkswagen Passat for the annual honor.
David Magee
Jan 09, 2012
Five Years ago today, Steve Jobs unveiled the revolutionary iPhone. The gadget that merged together telecommunication, cyberspace, music and video continues to be celebrated to this day, but while many took to the Web to mark its fifth birthday, others took the opportunity to shed light on labor conditions at Foxconn factories where most iPhones are made.
Ceylan Yeginsu
Jan 09, 2012
The name e-Bugster is derived from the obvious -- e is for electric, Bug is the nickname of the iconic Beetle, and speedster describes the open-top two seater, the company said.
David Magee
Jan 09, 2012
General Electric (GE) and a slew of trade groups for the oil, agriculture and manufacturing industries are supporting a family seeking to challenge Environmental Protection Agency authority.
Dan Rivoli
Jan 09, 2012
President and CEO of Volkswagen Group of America Jonathan Browning told journalists the company will use global resources and a focus on the U.S. is a global (company) priority.
David Magee
Jan 09, 2012
The top pre-market NASDAQ stock market gainers are: Idenix Pharmaceuticals, Achillion Pharmaceuticals, VIVUS, MAKO Surgical, Questcor Pharmaceuticals, Research In Motion and Apple. The top pre-market NASDAQ stock market losers are: IPC The Hospitalist Company, Pacira Pharmaceuticals, Akamai Technologies, Logitech International and Costco Wholesale.
Balasubramanyam Seshan
Jan 09, 2012
The Elantra beat out competing finalists Volkswagen Passat and the Ford Focus to claim the honor at the open of the 2012 North American International Auto Show at Cobo Center. Media days for the Detroit auto show began Monday morning, before it opens to the public on Jan. 14.
David Magee
Jan 09, 2012
The $190 billion U.S. consumer electronics industry is about to begin its annual winter extravaganza in Las Vegas, where the latest toys, gadgets, smartphones, video games, TVs, cameras, tablets and laptops will be unveiled - some not to be available until late in 2012.
Eric Linton
Jan 08, 2012
The $190 billion U.S. consumer electronics industry is about to began its annual winter extravaganza in Las Vegas where the latest toys, gadgets, smartphones, video games, TVs, cameras and laptops will be unveiled – some not to be available until late in 2012.The real story may be in improving people's lives.
David Zielenziger
Jan 08, 2012