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Stocks dip as disappointing U.S. data may not offset tightening fears

When China's government has signaled monetary tightening in recent weeks, U.S. stocks have fallen.

Banks drag stocks lower on Obama proposal

The Dow and S&P 500 fell on Thursday as fears any proposed new restrictions by the Obama administration on big banks would cut profits at large trading firms like Goldman Sachs Group.

Report sees small Hollywood jobs recovery for 2010

A record breaking movie box office take in 2009 was not enough to stave off Hollywood job losses last year, but 2010 is expected to bring a modest recovery of up to 3,000 jobs, in part due to an increase in TV productions, according to an economic report released on Thursday.

Oil fluctuates around $78; China in focus

Oil rose near $78 a barrel on Thursday as worries that China will take further measures to temper its booming economy were overshadowed by its return to double-digit growth for the first time since 2008.

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Goldman Sachs cuts bonus pool; posts Q4 profit

Goldman Sachs Group Inc , which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity.

UnitedHealth quarterly profit tops Wall Street views

Health insurer UnitedHealth Group Inc posted better-than-expected quarterly profit on Thursday, helped by moderating flu costs and growth in its businesses serving the elderly and low-income Americans, and its shares rose 3.6 percent.

Stocks recover some ground after data

The S&P 500 turned positive and the Dow pared losses on Thursday following a rise in a gauge of the U.S. economy's prospects and a snapshot of factory activity in the U.S. Mid-Atlantic region.

Goldman Sachs earnings surge on trading; Hightlights charity, compensation ratios

Huge trading profits offset declines in banking at Goldman Sachs Group Inc in 2009 as the broader economy struggled.

Jobless claims rise on administrative issues

The number of U.S. workers filing new applications for unemployment insurance unexpectedly rose last week as claims delayed from the year-end holidays were pushed through, government data showed on Thursday.

Xerox posts better-than-expected quarterly profit

Xerox Corp posted quarterly results that beat expectations, as cost cutting helped to improve margins, and the provider of office document management services delivered an optimistic outlook, sending its shares up 3 percent.

Stocks set for flat open after jobless claims data

U.S. stocks were set for a flat open on Thursday as a rise in initial weekly jobless claims offset better-than-expected earnings from several banks, including Goldman Sachs Group .

Google faces China questions amid solid Q4

Google Inc is expected to deliver stellar fourth-quarter results on Thursday, but investors will be seeking insight into a disagreement with China that has cast doubt on its future in the world's largest Internet market.

Nokia to offer free navigation, TomTom shares dive

Nokia is to offer free navigation on its cellphones to boost handset sales and prices, putting more pressure on satnav makers already hit by Google's assault on the market.

Fifth Third fourth-quarter loss narrows

Fifth Third Bancorp reported a much smaller fourth-quarter loss on Thursday after it recorded fewer writedowns on mortgages and other loans.

China economy soars, sets stage for policy tightening

China easily beat its 2009 growth target after a blistering fourth quarter performance that set the stage for further monetary tightening and put it on course to overtake Japan to become the world's second-largest economy.

Goldman Sachs posts profit, cuts bonus pool

Goldman Sachs Group Inc on Thursday reduced its 2009 bonus pool as it posted a better-than-expected fourth-quarter profit.

Stock futures higher ahead of Goldman earnings, data

U.S. stock index futures rose on Thursday ahead of quarterly results from Goldman Sachs Group

Stock futures rise ahead of Goldman earnings, data

Stock index futures rose on Thursday ahead of quarterly results from Goldman Sachs Group , which leads another round of earnings reports, and data on the labor market and a leading economic index.

Roubini calls on China to tighten monetary policy

Beijing needs to tighten its monetary policy to head off asset bubbles, leading economist Nouriel Roubini said on Thursday.

Oil slips toward $77 on China growth worries

Oil fell toward $77 a barrel on Thursday as worries that China will take more measures to temper its booming economy overshadowed its return to double-digit growth for the first time since 2008.

Obama to target excessive financial risk-taking

President Barack Obama, reeling from an election defeat in the Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.

Stock futures point lower ahead of Goldman results

Stock index futures pointed to a lower open on Thursday, ahead of a slew of earnings news, with futures for the S&P 500 down 0.04 percent, the Dow Jones industrial average 0.1 percent lower and the Nasdaq 100 futures down 0.2 percent.

China growth worries weigh on emerging stocks

Developed and emerging equity markets diverged on Thursday with the latter falling on worries China will take more measures to temper growth after reporting its fastest quarterly growth in two years.

Asia stocks weak as China data signals tightening

Most Asian stock markets fell on Thursday as investors worried that China would take more measures to temper growth after reporting its fastest quarterly growth in two years.

YouTube partners with Sundance for online movie rentals

YouTube, Google Inc's video website, said it will begin testing an online movie rental service with independent films from the Sundance Film Festival on Friday.

Google/China spat may hurt Motorola's Android push

Google Inc's threat to exit China could create a big headache for its cellphone partners, especially Motorola Inc, which has bet its turnaround on Google's mobile software and China.

France joins race to digitise world's books

Amid the flat, wide fields of central France, a team of re-trained secretaries and IT experts is packaging Europe's literary heritage for the digital era.

Microsoft to issue 'Google attack' browser patch

Microsoft Corp said it will issue a patch to fix the old version of its Internet Explorer browser that allowed recent attacks on Google Inc's network in China.

Microsoft top lawyer urges law to protect cloud

Congress should enact a law laying the groundwork for protecting consumers who use the Internet cloud to store data before states come in with an unwieldy patchwork of conflicting legislation, said Microsoft General Counsel Brad Smith on Wednesday.

Baidu sues domain provider after hacker attack

China's top search engine, Baidu Inc, sued its U.S.-based domain name service provider Register.com Inc on Wednesday after a cyber attack interrupted its web services last week.

Oil remians below $78 in Asian trade

Global oil prices remained below $78 a barrel in Asian trade Thursday as the market awaits a crucial energy report from the US. Light sweet crude for March delivery was seen trading at $77.61 a barrel at 11.30 a.m while Brent crude was at $76.10 a barrel at the same time.

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