Analysts say there will be little impact on iPad 2 production after the explosion at the Foxconn factory.
Crude oil prices plunged more than 2 percent to below $98 a barrel in Europe as renewed concerns over the euro zone debt crisis sent the U.S. dollar higher, which made commodities more expensive.
After Chinese government tightened the monetary policy in April for four times, the manufacturing growth of the country slowed in May, while price pressures eased, according to a survey showed on Monday, Reuters reported.
Foxconn Technology Group, the main manufacturing contractor for Apple’s iPad 2 and iPhone 4, witnessed a large explosion in its Chengdu plant on May 20 7 p.m. local time, killing 2 and injuring at least 16, and possibly delaying the already-scarce iPad supply.
Two are dead in an explosion at a Foxconn plant in Southwestern China.
The number of jobs in New Jersey increased by 14,000 during the month of April, the state's Department of Labor and Workforce Development announced Thursday. It was the third consecutive month that the Garden State recorded job growth. The state added 13,400 private-sector jobs and 600 public jobs, while the unemployment rate remained 9.3 percent.
Ford Motor Company India will invest $72 million in expanding its diesel engine production capacity by over 30% in India within next one year, the carmaker said in a statement.
According to a report released by the U.S International Trade Comission, in 2009 China's continuous practice of piracy over American products cost the US approximately $48 billion.
Minutes from the last FOMC meeting held April 26-27, 2011.
Intel's CEO Paul Otellini took a few shots at ARM in both mobile and PC.
End of Day FOREX Summary
Over the past decade, the number of middle class jobs has fallen by about ten percent. There is a reason for this. America is becoming poorer. The economic pie is shrinking. When we ship 40 to 50 billion dollars into the hands of foreigners every single month, that means that there is a lot less wealth for all of us to divide up.
The Food and Drug Administration (FDA) is asking metal hip manufacturing companies for a safety data regarding the products they have. There have been concerns of cobalt and chromium ions released into the bloodstream.
Check out a summary of quotes that have been made during the Sony hacking, PlayStation network ordeal.
RBC Capital Markets said Xoma Ltd. (NASDAQ: XOMA) continues to make steady albeit measured progress toward initiating a pivotal trial in Behcet’s disease, which could begin by year-end 2011, pending regulatory feedback.
U.S. and Chinese officials in Washington on Monday laid out differences on human rights in China, U.S. exports on high technology products, and China's exchange rate as they held ongoing talks to resolve strategic and economic issues.
Japan’s finance minister Yoshihiko Noda said on Tuesday that the shutdown of the Hamaoka Power Plant for at least two years may result in job losses and affect the country’s already fragile economy.
Following the shut down of Chubu nuclear power plant in Hamaoka, central Japan on Monday, the shares of Japan’s Chubu Electric saw a steep decline in the market.
The top after-market NASDAQ Stock Market losers are: GSI Technology, iGo, TTM Technologies, EMCORE, Powerwave Technologies, Brightpoint, Allscripts Healthcare Solutions, Tesco, Vitesse Semiconductor, and The Knot.
RBC Capital Markets still expects that Embraer SA (NYSE: ERJ) will retains its Regional Jet crown as the market share leader in the medium term, despite several new rivals entering the market most notably Bombardier’s CSeries.
Factories manufacturing Apple iPads and iPhones in China are forcing staff to sign pledges not to commit suicide, according to an investigation, the Daily Mail reported.
Intel unveils a new transistor design, which it says will revolutionize the electronics industry.
