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August trade gap narrows slightly

The trade deficit narrowed marginally in August, but the trade gap with China widened to a record high, the Commerce Department said on Thursday.

IMF Cuts Asian Economic Growth Forecasts

Workers wrap fireworks inside a makeshift factory in Bocaue town at Bulacan province. Phillipines.
The Fund said gross domestic product (GDP) growth across Asia will average 6.3 percent in 2011, and 6.7 percent in 2012 (in April, the IMF forecast nearly 7 percent growth for both years).
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Sign for Safeway grocery store shown in San Francisco

Safeway Profit Tops Street; Shares Rise

Safeway Inc reported a quarterly profit that beat analysts' low expectations, benefiting from higher fuel sales and cost cuts, and its shares rose nearly 4 percent.
Exports have long been China’s main driver of its economic growth.

U.S. Stocks Open Lower on China Data, JPM Earnings

U.S. stocks edged lower on Thursday on news that growth in Chinese trade slowed in September. Before the market opened, JPMorgan Chase (NYSE:JPM) reported third quarter earnings of $1.02 per share, which exceeded expectations.
BlackBerry smartphones are pictured in this illustration photo taken in Berlin

BlackBerry Outrage Spreads Worldwide as Complaints Pour Out in Twitter

BlackBerry outages spread all over the world on Wednesday, prompting people to think whether RIM is in its death throes already. BlackBerry encountered an outage of email, messaging and Internet services since Monday in India, Europe and the Middle East. On Wednesday, it spread to Canada and the U.S.
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Wall Street to open lower after China data, JPMorgan

Stocks were set to open lower on Thursday as earnings from JPMorgan and soft economic data in China highlighted worries about a slowing global economy, giving investors reason to pause after the recent run-up.
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JPMorgan Q3 net slips; shares lower in premarket

JPMorgan Chase & Co's third-quarter earnings fell 4 percent as the European debt crisis pushed investment banking clients to the sidelines, but results were helped by an accounting gain the bank can take when markets are in turmoil.
BlackBerry

RIM BlackBerry Outage: Why the Company May Soon be Out of Business

Now comes the latest -- a three-day outage of BlackBerry services including email and Internet across Europe, the Middle East, Africa, and India plus some spotty outages in the U.S. Here's where you start to feel for the company: While the RIM and BlackBerry have been all but dead in the U.S, life remained for the company, its products, and services in these other countries.
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IMF says China has scope to respond to global risks

China has the scope to respond if global economic risks materialize, and the country's response could partially but not entirely offset the impact of a global crisis, the International Monetary Fund's Asia and Pacific director said on Thursday.
Herman Cain 999 Plan

Herman Cain Surges Ahead of Romney in Latest Poll

Former Godfather's Pizza CEO Herman Cain' s star has been rising, primarily due to his unconventional tax plan, and a new poll by The Wall Street Journal/NBC found that he has taken the lead for the 2012 Republican presidential nomination away from former Massachusetts Gov. Mitt Romney.

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