Wells Fargo Securities said California's labor market has shown some encouraging signs of improvement over the past three months, though jobs creation for much of the year has been a hit-or-miss venture.
Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.2 percent at 4:37 a.m. ET.
India's manufacturing sector expansion slowed in November as factory output grew at its slowest pace in nearly three years although export demand should provide some cheer for factories.
The world economy faces a worse situation than in 2008 and stimulating growth is the top priority, a Chinese official said on Thursday, as data showed slumping export demand stalled manufacturing in some of Asia's biggest economies.
The top after-market NASDAQ stock market gainers are: Magma Design Automation, Transcept Pharmaceuticals, Merge Healthcare, Yahoo and Exide Technologies. The top after-market NASDAQ stock market losers are: Semtech, Sonus Networks, Digital Generation, Prospect Capital and Connecticut Water Service.
Asian shares rallied to two-week highs Thursday, building on strong global gains after the world's six major central banks moved to tame a liquidity crunch for European banks by providing cheaper dollar funding.
The Sundance Film festival, the top U.S. gathering for independent cinema, on Wednesday unveiled its competitive lineup for 2012, some of which will become the most talked-about movies of the upcoming year.
Groupon Inc's shares rose more than 9 percent on Wednesday after Chief Executive Andrew Mason emerged from the company's post-IPO quiet period to share holiday sales numbers.
In an interview with the Dow Jones Newswires, the chief executive at the Irish low-cost airline said he had just returned from touring the Shanghai factory where the Commercial Airline Corporation of China, a government entity, is building a 199-seat competitor to the single-aisle Boeing A320. He was impressed.
AT&T Inc and China Telecom Corp Ltd <0728.HK> have agreed to expand their relationship in China and the United States and will look into supporting each other in other regions.
Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.
Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.
Chinese artist, Liu Bolin, is known as the Vanishing Artist. Liu most recently demonstrated an art installation by blending in with vegetables on Nov. 10, 2011.
A gradual broadening and strengthening of U.S. growth should cushion the American economy against severe damage from the storms in Europe, unless a financial meltdown causes global havoc.
Stocks rose 3 percent on Wednesday as major central banks jointly added liquidity to the world's financial system, easing worries about a global downturn.
Shares of microprocessor leaders Intel and Advanced Micro Devices both surged more than five percent in Wednesday’s advance despite slowing sales of PCs.
Arriving in Myanmar on Wednesday, Hillary Clinton became the first United States Secretary of State in more than 50 years to visit the country, also known as Burma.
The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone's debt crisis drove EU ministers to urge more IMF help to avert financial disaster.
Gold shot higher Wednesday after the world's top central banks launched a coordinated plan to provide liquidity to struggling Eurozone banks and China did likewise for its banks.
Stocks rose 3 percent on Wednesday as major central banks jointly added liquidity to the world's financial system, easing worries about a global downturn.
Untouchable, a comedy about a rich quadriplegic and his black caretaker, has become a certified box office phenomenon in France.
Dallas-based AT&T has agreed to provide broader-reaching Internet services in China, and the two companies are looking into providing services such as telepresence, managed hosting, cloud-based services, network integration services and enterprise mobility solutions.
