The former treasury secretary said even during the bubble leading up to the recession, growth was merely adequate.
Apple products have been excluded from Chinese government procurement lists amid growing security concerns.
Shares of Time Warner Inc. and Groupon Inc. plunged Wednesday following quarterly earnings, while The Walt Disney Company's stock was flat.
Imports of oil, cell phones, computer accessories and other foreign-made products fell to a five-month low in June.
The African hair care business has become a multibillion-dollar industry.
The bank has eased its lending standards on mortgages it acquires from other banks.
LIC, a state-run Indian insurance company, will invest nearly $50 billion in this financial year, including $9.8 billion in Indian stocks.
The phone, Apple's latest iteration rumored to be the largest iPhone so far, is expected to be launched on Sept. 9.
Standard Chartered Bank, which is negotiating with New York state's financial regulator, is facing fines of over $100 million.
The former executives argued in a letter to the company that its stock price had significantly lagged behind that of its peers.
Last week, the SAIC had raided four of the software firm's offices in China.
The retailer reportedly said that it now has more than a million items to offer to its customers on its website.
The announcement of the event supports earlier rumors, which suggested that Samsung might release the Galaxy Note 4 sooner than expected.
A number of foreign companies have recently tangled with law-enforcement agencies in China over accusations of anti-competitive behavior.
Hit by competition from local players in major markets, the companies seek to reduce distraction by ending patent litigation outside the U.S.
Although no final decision had been taken, the unit's management, lead by Chairman and Chief Executive Officer Pavlos Stellakis, were negotiation terms that would allow the buyout business to remain London-based after the deal was inked, the sources told Bloomberg.
Disney's quarterly profit beat Wall Street expectations, helped by strong results from its movie studio, theme parks and consumer products.
Navdy CEO Doug Simpson unveiled the startup’s new head-up display the company calls "Google Glass for your car."
Standard & Poor’s says income disparities are slowing U.S. economic growth -- and that fixing education could help.
Analysts weigh in as USA Today parent becomes media’s latest separation story.
Even if half as many Chinese own cars than Americans, the Chinese auto market will more than double soon, says Chinese researcher.
The ISM Non-manufacturing Index shows the U.S. services sector, 68 percent of GDP, grew at its fastest pace in July since 2005.
President Obama and other U.S. leaders are focusing on Africa's investment potential during the historic Africa Leaders Summit.
One day after IBTimes reported on the Illinois gubernatorial nominee's promise to close the government, his campaign reversed itself.
Apple was granted 58 new patents Tuesday, including one that could be used to develop wireless enabled hospital wristbands and an iWallet.
The airline is grounding all flights to Sierra Leone and Liberia until August 31 due to fears over Ebola.
As the Chicago mayor slashes public services and hides details of subsidies, a new report reveals new details about the special account.
Nearly 60 percent of Americans think the U.S. economy is getting worse.
Turkey is a major buyer of Western military hardware, but its defense industry is rising.
Experience is now favored over capacity in Indian IT hiring trends.