President Barack Obama pressed Chinese President Hu Jintao on Wednesday to let the value of China's currency rise and delivered a stern message on U.S. concerns over Beijing's human rights record.
Chinese President Hu Jintao, asked a second time about human rights at a Washington news conference, said a lot still needs to be done in China on rights while insisting enormous progress has been made.
China is extending its so-called panda diplomacy agreement with the United States, letting giant pandas stay at the Washington national zoo for another five years, a Chinese conservation official said on Wednesday.
Gold rose for a third straight day on Wednesday on a weaker dollar and strong Asian physical demand, while platinum and palladium hit multi-year highs on an improving global economic outlook.
Goldman Sachs' commodities trading risk has hit a near seven-year low, quarterly results on Wednesday showed, suggesting the Wall Street giant had become less aggressive lately in taking advantage of surging oil, metals and grains prices.
Online marketplace eBay Inc provided investors with a bullish 2011 profit outlook after the holiday quarter showed signs it is delivering a promised turnaround, as improvements in its buyer experience helped boost sales at its marketplaces unit.
President Barack Obama on Wednesday highlighted ways in which China is changing its policies that are likely to boost sales to the third largest U.S. trading partner.
Nokia has pulled out of a plan to launch a smartphone with No. 2 U.S. mobile provider AT&T Inc, just before the device was supposed to be announced, a person familiar with the matter said.
U.S. suppliers of planes and aircraft parts are likely to post solid quarterly results on better air traffic as defense contractors are challenged by a tough budgetary environment.
Five deals that General Electric Co signed with Chinese partners this week will generate more than $2 billion of revenue over the next decade for the U.S. conglomerate, including about $1 billion of exports from the United States, GE said on Wednesday.
American Express Co reported quarterly earnings that narrowly missed Wall Street estimates and said it would cut 550 jobs as it handles more customer services on the Internet.
More technology and engineering workers got bonuses and pay raises last year than in 2009, but the pay hikes were tiny for professionals outside large corporations and Silicon Valley, according to a survey by Dice.com, part of online recruiter Dice Holdings Inc .
Wells Fargo & Co and U.S. Bancorp said low interest rates were squeezing lending profits, but improving credit quality helped both banks post higher fourth-quarter earnings.
A top Nintendo Co Ltd executive said reaction to a health warning on its new 3D handheld game player was overblown, portraying as routine the warning that hit its shares two weeks ago.
Swiss police arrested ex-banker Rudolf Elmer on Wednesday for giving data to Wikileaks, hours after he was found guilty of breaching strict Swiss bank secrecy laws in another case.
T-Mobile USA's new chief executive looks set to dash the hopes of Clearwire Corp investors when he meets Wall Street analysts on Thursday as he is unlikely to announce a strategic deal with the smaller wireless operator, sources close to the situation said.
If one had to pick the next 'AAA' country to lose their golden ratings, the U.S. would be a pretty good choice.
Stocks sold off as disappointing results from Goldman Sachs (NYSE: GS) dragged down the financial services sector, as the indices endured their worst one-day price drop since November.
Swiss police on Wednesday arrested former banker Rudolf Elmer on fresh charges of breaching Swiss bank secrecy law for giving data to WikiLeaks, hours after he was found guilty of another secrecy offense.
While Chinese President Hu Jintao is being entertained by U.S. President Barack Obama, and the U.S. House of Representatives votes to repeal the Obama administration’s healthcare reform law, both U.S. healthcare and Sino-American relations are the main components today of a less highly publicized event.
ATLANTA, Jan 19 - A U.S. high-school librarian could face criminal charges for conducting online research while she was a juror in a capital-murder trial.
Wells Fargo and US Bancorp said lending profits are being squeezed by low interest rates, but improving credit quality helped both banks post higher-than-expected fourth-quarter earnings.
