Private-Sector Added 119,000 Jobs, Less Than Expected: ADP
The U.S. private sector added far fewer jobs than forecast in April, ADP reported on Wednesday, giving the market a pause as it awaits Friday's government employment report.
Gold Prices Retreat Towards $1,660
Gold prices retreated towards $1,650 an ounce on Wednesday as the dollar strengthened against the euro, after a downbeat reading of euro zone manufacturing activity contrasted with stronger data from the United States.
Apple MacBook Pro 2012 Rumor Update: The Ultra Thin Laptop To Get Better With SSD And A Mammoth Battery
As if the rumors about the release and features of Samsung Galaxy S3 and iPhone 5 are not enough, the tech world has turned to another device - Apple's MacBook Pro 2012, which is reported to be released by June.
US Private Sector Added Only 119,000 Jobs In April: ADP
The U.S. private sector added just 119,000 jobs in April, ADP announced on Wednesday in its monthly report -- substantially below the Bloomberg News consensus estimate of 183,000.
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Pre-Market Movers (PLX, CHRS, TRIP, GNW, WYNN, UBS, HLF, CBS, PTI, CHK)
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Nokia 808 PureView Set For Release Next Week: Top 5 Great Camera Phones Which Can Be Tough Competitors For The Behemoth
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Stock Futures Down Before ADP Jobs Data
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Asian Stocks Gain On US Manufacturing Data; Chinese Shares Rally After Fee Cut
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HTC One X To Land At AT&T On May 6: Top 5 Contenders On Same Runway
The HTC One X, which features a mammoth yet bright and beautiful 4.7-inch HD display with 1280 x 720 pixel (720p) resolution, Qualcomm's next-generation Snapdragon S4 CPU, a 1.5-GHz dual-core chip, 1GB RAM, 16GB of internal storage, is finally launching on the AT&T network on May 6 for $199. The phone will face major competition from other AT&T phones like Samsung Galaxy S2 Skyrocket 4G, iPhone 4S, Nokia Lumia 900, LG Nitro HD and Galaxy Note.
India?s Manufacturing Activity Improved In April: HSBC PMI
India's manufacturing activity improved in April compared to previous month, according to the HSBC flash Purchasing Managers Index (PMI) released Wednesday.
Asian Stocks Rise On US, China Data
The Asian stock market advanced on Wednesday as sentiment was buoyed following the release of improved manufacturing data in both the U.S. and China.
UBS Q1 Profit Declines 54% On Debt Charges
Swiss banking giant UBS reported on Wednesday that its profit for the first quarter declined 54 percent from the same period last year after being affected by charges on its debt.
China Manufacturing Activity Grows In April But Contraction Persists: HSBC PMI
China?s manufacturing activity improved in April compared to March but continued to contract for the sixth straight month, according to the final HSBC flash Purchasing Managers Index (PMI) released Wednesday.
Facebook Could Begin IPO Roadshow As Soon As Next Week
Facebook is likely to begin its IPO roadshow next week, which would confirm several reports that the company will premiere on the public market sometime in mid-May.
US Car Sales Rise In April On Demand For Fuel-Efficient Cars
U.S. light vehicle sales increased 2 percent in April to 1.2 million cars on continued high demand for fuel-efficient cars, and sales are projected to continue at a strong clip, maintaining an annualized rate of 14.4 million.
Joe Cowley Sexist Tweets: Will Chicago Sun-Times Lose Another Sports Writer? [FULL TEXT]
Over the final weekend of April, Chicago Sun-Times columnist Joe Cowley sent out a handful of sexist and demeaning messages over Twitter; since then, Cowley's Twitter account has been deleted and the editor-in-chief has reprimanded him. Will Cowley lose his job?
Toyota April Car Sales Rise 11% On Strong Hybrid Demand
Toyota Motor Corporation (NYSE: TM) U.S. April sales rose 11.6 percent, despite fewer selling days than the previous year, as consumer demand for hybrid vehicles like the Camry Hybrid and Prius remained high, the company reported Tuesday.
Supreme Court Approval Hits New Low: Poll
A slim majority Americans still have a favorable opinion of the Supreme Court, but support has declined over the last three years.
Top Lobbying Industries: Pharmaceutical, Electric Utilities Sectors Lead In 2012
The two industries spent a combined $112.9 million on lobbying fees during the first three months of 2012.
ConocoPhillips Fined $257M For Chinese Oil Spill
Houston-based oil ang gas giant ConocoPhillips (NYSE: COP) has been fined $257 million to settle charges brought by the Chinese government following a massive oil spill. The company's Chinese venture partner, CNOOC Ltd., was also fined, to the tune of $76 million.
Global Chip Sales Rose To $23.3B In March: SIA
Global chip sales rose about 1.3 percent to $23.3 billion, a slight increase from February but down nearly 8 percent from last year, the Semiconductor Industry Association reported.
Honda April Sales in US Slip Slightly, Civic Hybrid Gains Big
Honda Motor Company Limited (NYSE: HMC) said Tuesday that U.S. sales last month fell 2.2 percent because of three fewer selling days than in April 2011, but on a selling-day adjusted basis sales actually jumped 10 percent on strong demand for Accord and Civic hybrids.
Wii U Designed To Make Gamers ?Realize What Has Been Impossible,? Nintendo President Says
At an investor briefing in Tokyo at the end of April, Nintendo President Satoru Iwata said the company will be taking a different approach when creating games for the Wii U. Nintendo seeks to target the traditional hard-core audience rather than casual gamers, and Iwata said that the upcoming console will break new boundaries.
DJIA Spikes To 4-Year High On Manufacturing Data
The Dow Jones Industrial Average closed at the highest level since December 2007, lifted by a better-than-expected national manufacturing report that provided a welcome relief from a slew of disappointing regional manufacturing measures.
May Day Bull Run: Daily Markets Wrap
The news of the day centered on a better-than-expected U.S. manufacturing report for April, which sent ripples across the markets, boosting stocks as investors moved away from bonds and giving a bump to the dollar and crude oil. Investors are hoping this good news will be matched in Friday?s April U.S. jobs report.
Hyundai Motor's US April Sales Break Records on Demand for Fuel Efficent Cars
Hyundai Motor Company (KS: 005380) enjoyed its second-best U.S. month in the company's history during April, despite three fewer selling days than in 2011, rising 1 percent on high demand for fuel efficient cars.
Research In Motion Gives BlackBerry 10 Prototypes To Devs [VIDEO]
BlackBerry mobile device maker Research In Motion kicked off its annual conference by giving out thousands of prototype smartphones running its brand new operating system, BlackBerry 10.
Hello Kitty Earns Her Wings, Taiwanese Airline Launches 2 More Hello Kitty Aircraft [PHOTOS]
Your flight can't get any cuter than this. EVA Air, a Taiwanese airline has launched new jets inspired by Hello Kitty. Two EVA Air aircrafts adorned with the fictional Japanese cartoon character will be put into service starting May 23.
Microsoft Buys Into Nook: 5 Reasons Why
Microsoft (Nasdaq: MSFT), the world's biggest software company, announced it'll invest $300 million into a new business with Barnes & Noble (NYSE: BKS) to burnish the future of the Nook.
May Day: Malaysia Introduces Minimum Wage, But Not Everyone Is Pleased
Critics complain that the minimum wage will hurt small business owners and the country?s competitiveness.
SNOPA Bill 2012: Why Congress Should Ban Employer Requests For Facebook Passwords
The U.S. House of Representatives was introduced to a new bill on Friday, called the Social Networking Online Protection Act 2012, or SNOPA, which would ban employers from requiring job candidates to provide their username or password to Facebook, or any other social networking account for that matter.
Texas Gets Judge's OK To Defund Planned Parenthood After Hit With Injunction
On the same day a federal judge blocked Texas from removing Planned Parenthood from a state program for advocating abortion services, an appeals judge allowed the state to move forward.
Ron Paul Vs. Paul Krugman: Inside The Debate Video That Pits Paul Vs. Paul
Ron Paul and economist Paul Krugman faced off for the first time Monday in a debate video that is essential viewing for any fan of either Paul.
Chesapeake Energy CEO To Give Up Chairman Position, Minority Well Ownership
The CEO of Chesapeake Energy Corp. (NYSE: CHK), the second-largest U.S. natural gas producer, will give up the role of chairman after shareholders said there was a potential conflict of interest with his separate investments, the company said Tuesday.
GM April Car Sales Fall, Fewer Selling Days Blamed
General Motors Company (NYSE: GM), the world's largest car company, reported an 8.2 percent drop in April sales on declining fleet sales and fewer selling days compared to the year before.
'Skyrim DLC' Will Be Called 'Dawnguard,' Bethesda Confirms Release Date For This Summer
The day has finally come. After months of speculation and anticipation, Bethesda finally announced that the upcoming DLC will be called Dawnguard.The downloadable content package will debut on Xbox consoles this summer, and more details will be available at E3.
VW April Sales Climb 38 Percent in US
Volkswagen AG (VOWG) reported U.S. sales growth of 38 percent in April, the best sales figures for the month in over 40 years.
US Construction Spending Up In March, Barely
U.S. construction spending in March barely increased over the previous month's level as government spending on infrastructure projects fell, the U.S. Commerce Department said Tuesday.
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