BUSINESS

Job seekers stand in line to speak with an employer at a job fair in San Francisco

US Initial Jobless Claims Rise To 365,000

The number of Americans lining up for new jobless benefits last week rose less than expected, the Labor Department said Thursday, partly reflecting the volatility of applications during the annual auto-plant retooling period.
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Traders work on the floor of the New York Stock Exchange at the end of the trading day in New York

US Stock Futures Signal Higher Open Ahead Of ECB Decision

U.S. stock index futures point to a higher opening Thursday with investors keeping a close watch on the European Central Bank meeting later in the day, which is expected to announce stimulus measures to revive the economic growth.
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Asian Stock Markets Fall Before ECB Meeting

Asian stock markets declined Thursday as investors awaited the European Central Bank (ECB) meeting later in the day after Federal Reserve did not offer any new monetary measures overnight.
A bull styrofoam figure is pictured in front of the DAX board at the Frankfurt stock exchange

European Stocks Rise On ECB Stimulus Hopes

Most of the European markets rose Thursday amid hope that the European Central Bank would announce stimulus measures later in the day to boost the faltering euro zone economy.
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RIM: BlackBerry Security Not Compromised in India

Research in Motion (RIM.TO) refuted on Wednesday a new round of Indian media reports, which claim that the BlackBerry maker has granted the government the encryption keys to its secure corporate email and messaging services.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Stocks Mixed Ahead Of ECB Meeting

Asian markets were mixed Thursday as investors remained watchful ahead of the European Central Bank meeting later in the day in which stimulus measures to boost the faltering euro zone economy are expected to be announced.
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Asian Shares Slip After Fed Inaction And Ahead Of ECB Meeting

Asian shares eased Thursday as investors turned increasingly cautious with hopes of stimulus action by central banks fading ahead of a European Central Bank's meeting later in the day and after the U.S. Federal Reserve took no action a day earlier.
Toyota workers inspect the new Lexus ES vehicles at a Toyota plant in Miyawaka

Toyota July US Auto Sales Surge

Toyota Motor Corporation (NYSE: TM) reported on Wednesday July U.S. car sales up 26.1 percent to 164,898 as the company continued to recover from last year's natural disasters.
Jobless Greeks wait in line outside an unemployment bureau in Athens

Greeks Pack Off To Germany In Droves

Thalia Paraskeva, 24, was getting increasingly desperate. Equipped with a degree in graphic design from Athens, she had no luck finding a job in Greece. One day, she booked a ticket to Berlin and swiftly packed some dresses, a jacket, a pair of snug boots and a Greek-German dictionary before boarding the plane.
Honda to start manufacturing CR-Vs in Canada

Honda July US Car Sales Rise on Accord, Civic Demand

Honda Motor Co. (NYSE: HMC) reported on Wednesday July U.S. sales rose 45.3 percent to 116,944 as the Japanese automaker continues its robust recovery from last year's earthquake and tsunami in Japan and flooding in Thailand.

Fed Officials Stand Pat But Ready To Act If Needed

The Federal Reserve on Wednesday offered a gloomier view of the economy as the labor market showed no sign of improvement since its last meeting. However, despite mounting signs of a sharp slowdown in the U.S. economy, central bank officials decided to take more time to make up their mind and refrained from enacting another monetary stimulus.
US Federal Reserve

US Federal Reserve Say Economy Has Weakened, But Keeps Policy The Same

The U.S. Federal Reserve Wednesday lowered its view of the U.S. economy, but kept interest rate policy and its non-traditional quantitative easing policy the same. The Fed said it now sees "economic activity decelerated somewhat over the first half of the year," compared to a previous view of the "economy has been expanding moderately."
Apple iPad Mini Release Date May Coincide With iTunes 11 Launch [RUMORS]

Why Apple Cannot Release The iPhone 5 And The iPad Mini On The Same Date

If Apple plans to release the iPad Mini to the masses at the same time as the iPhone 5, Apple could run into the biggest crowds in the history of the company. And that's not necessarily a good thing. Assuming Apple unveils the iPhone 5 and the iPad Mini at the same time, will the release dates for both devices be the same?

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