MANUFACTURING

President Barack Obama tours Solyndra, Inc., a solar panel manufacturing facility in Fremont, California

Solar company that Obama visited will shut down

Solar start-up Solyndra LLC, succumbing to pressure from lower-cost Chinese rivals, said it has suspended operations and plans to file for bankruptcy, 15 months after President Barack Obama visited a company factory that was to be expanded with the help of a federal loan guarantee.

Data Shows Softening in Economy, no Recession

IBTimes Logo
The pace of U.S. private sector job growth slowed in August for the second month in a row, but factory activity in the Chicago area continued to expand, suggesting the economy would dodge a recession.
More news
IBTimes Logo

U.S. Stock Futures Advance

Stock index futures pointed to a higher open for equities Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3 to 0.8 percent.
IBTimes Logo

Asian Markets Rise Slightly

Asian stocks edged up Wednesday, poised to end a volatile month on a mildly stronger note, while the dollar struggled on heightened expectations that the U.S. Federal Reserve would do more to stimulate the economy.
HP TouchPad

More TouchPads on the Way, Says HP

Hewlett-Packard said it will give the TouchPad one last shot. But before you get all excited, HP said it is only temporarily resuming manufacturing the TouchPad to meet unfulfilled demand.
Aussie Retail Sector Gets Boost from Global Players

S.Africa growth slows, boosts case for rate cut

South Africa's economy grew at its slowest pace in almost two years in the second quarter as the manufacturing and mining sectors slumped after strikes, boosting the case for interest rate cuts while denting the government's job-creation hopes.
Gold and silver bars are pictured at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna August 26, 2011.

Asian Trading Lifts Gold As Bargain Hunters Go Shopping

Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
IBTimes Logo

Global Stocks at 2-Week High on Upbeat U.S. Signals

Global stocks rose to their highest levels in nearly two weeks Tuesday, while safe haven assets like the Swiss franc and German Bunds were subdued, encouraged by signs that the U.S. economy may avoid recession.
Gold and silver bars are pictured at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna August 26, 2011.

Gold Rebounds from Previous Day's Drop

Gold regained strength Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing U.S. recession fears could limit gains.
Gold jewelry

Gold Inches Up After 2-pct Fall; Equities Limit Gains

Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
HP TouchPad

HP $99 TouchPad Only Scratched the Surface: 5 Reasons Amazon's New Tablet Will Tackle iPad

Amazon is preparing to take on Apple's iPad in a head-to-head battle that promises to get interesting soon -- as soon as Amazon launches its new tablet, possibly as early as October. If you thought the discontinued TouchPad's brief success as a $99 fire sale product as the first realistic competitor to Apple's iPad was interesting, you haven't seen anything yet. Amazon has shown the company can be successful with a mass consumer tablet-like product -- the Kindle e-reader.
IBTimes Logo

Stock Futures Signal Early Gains on Wall Street

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 1 percent at 0930 GMT (5:30 a.m. ET).
IBTimes Logo

Running Apple: After Steve Jobs

With Steve Jobs resigning from the role of the CEO, the running of Apple is expected to be more of a team effort than the one man show which we are so used to.
california governor jerry brown

California governor eyes jobs with tax credits

Aiming to spark job growth in California, Governor Jerry Brown unveiled proposals for tax breaks for businesses, including tax relief for companies that buy new manufacturing equipment.
U.S. Economy

GDP Revision: U.S. Economy Grew Just 1.0% in Second Quarter

The U.S. economy grew at a worse-than-expected 1.0 percent rate in the second quarter, the U.S. Commerce Department announced Friday, in its second estimate for the quarter, as lower export growth and a slowdown in inventory build-up braked the world's largest economy to near-stall speed.
IBTimes Logo

China's telecom patent boom heralds innovation era

China's telecom giants are building up a war-chest of patents to help give them an edge in the legal battles raging between the world's smartphone makers, aided by Beijing's push to transform the country from workshop to innovator.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.