HP Tops Dell Offer for Storage Innovator 3Par
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for ...
Business
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
Apple Manager Indicted on Kickback Charges
A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.
U.S. Stocks Keep Slipping on Confusing Data
The stock market has fallen for the fourth straight day after a mixed batch of readings on consumer spending contributed to a muddled picture
magicJack Company to Offer Free Calls from Computers
The company behind the magicJack, the Internet phone gadget heavily advertised on television, has another trick up its sleeve
IBM Adds Online Marketing Tools with Unica Buy
IBM Corp. said Friday that it has agreed to buy the marketing services company Unica Corp. in a $480 million deal that would give IBM
Eurozone Grew Faster Than U.S. in Q2
The economy of the 16 countries that use the euro grew by a better-than-expected 1 percent during the second quarter as growth engine Germany
Retail Sales, Prices Rise on Growing Car Demand
A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
China's Ag Bank Confirms IPO Was World's Largest
The Agricultural Bank of China says it raised a world record $22.1 billion in its initial public offering last month, despite a tepid reception from ...
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
Abercrombie & Fitch Returns to Profit in Q2
Abercrombie & Fitch return to a profit in the second quarter as its strategy of lowering some prices boosted sales.
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
Columbia MBA Sues Google for Malicious Poster's ID
A business consultant wants a court to force YouTube and owner Google to unmask a cyber cipher who posted what she says are unauthorized videos
Manufacturing Data Restores Faith in Recovery
New government data offered a mixed picture of the economic recovery Tuesday, as U.S. manufacturing activity grew in July at the fastest pace
Check Substantiates NY Man's Claim to 84% of Facebook
A New York man produced a cashed $3,000 check to support his claim that he is contractually entitled to ownership of 84% of Facebook Inc.
Durable Goods Orders Rise Modestly
Orders to U.S. factories for big-ticket manufactured goods increased slightly in July, but businesses spent less as the economic recovery
Asia Stocks Rise Modestly As Markets Calm
Asian markets mostly posted tentative gains Tuesday as nerves calmed despite steady driblets of sobering news about the speed of the global economic
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Dell Buys Data Storage Leader 3Par for $1.13 Bil.
Dell Inc. said Monday it's buying 3Par Inc., a maker of enterprise data storage equipment, for about $1.13 billion cash.
China Overtook Japan As No. 2 Economy in Q2
Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a ...
China Cut U.S. Treasury Holdings Again in June
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.
World Stocks Fall on Japan Export Slowdown
World stocks markets mostly fell Monday after figures showed that Japan's economic growth slowed sharply during the second quarter
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
Asian Stocks Keep Rising Ahead of U.S. Jobs Data
Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
HP Tops Dell Offer for Storage Innovator 3Par
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for ...
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
Apple Manager Indicted on Kickback Charges
A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.
U.S. Stocks Keep Slipping on Confusing Data
The stock market has fallen for the fourth straight day after a mixed batch of readings on consumer spending contributed to a muddled picture
magicJack Company to Offer Free Calls from Computers
The company behind the magicJack, the Internet phone gadget heavily advertised on television, has another trick up its sleeve
IBM Adds Online Marketing Tools with Unica Buy
IBM Corp. said Friday that it has agreed to buy the marketing services company Unica Corp. in a $480 million deal that would give IBM
Eurozone Grew Faster Than U.S. in Q2
The economy of the 16 countries that use the euro grew by a better-than-expected 1 percent during the second quarter as growth engine Germany
Retail Sales, Prices Rise on Growing Car Demand
A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
China's Ag Bank Confirms IPO Was World's Largest
The Agricultural Bank of China says it raised a world record $22.1 billion in its initial public offering last month, despite a tepid reception from ...
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
Abercrombie & Fitch Returns to Profit in Q2
Abercrombie & Fitch return to a profit in the second quarter as its strategy of lowering some prices boosted sales.
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
Columbia MBA Sues Google for Malicious Poster's ID
A business consultant wants a court to force YouTube and owner Google to unmask a cyber cipher who posted what she says are unauthorized videos
Manufacturing Data Restores Faith in Recovery
New government data offered a mixed picture of the economic recovery Tuesday, as U.S. manufacturing activity grew in July at the fastest pace
Check Substantiates NY Man's Claim to 84% of Facebook
A New York man produced a cashed $3,000 check to support his claim that he is contractually entitled to ownership of 84% of Facebook Inc.
Durable Goods Orders Rise Modestly
Orders to U.S. factories for big-ticket manufactured goods increased slightly in July, but businesses spent less as the economic recovery
Asia Stocks Rise Modestly As Markets Calm
Asian markets mostly posted tentative gains Tuesday as nerves calmed despite steady driblets of sobering news about the speed of the global economic
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Dell Buys Data Storage Leader 3Par for $1.13 Bil.
Dell Inc. said Monday it's buying 3Par Inc., a maker of enterprise data storage equipment, for about $1.13 billion cash.
China Overtook Japan As No. 2 Economy in Q2
Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a ...
China Cut U.S. Treasury Holdings Again in June
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.
World Stocks Fall on Japan Export Slowdown
World stocks markets mostly fell Monday after figures showed that Japan's economic growth slowed sharply during the second quarter
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
Asian Stocks Keep Rising Ahead of U.S. Jobs Data
Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
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