Ford Motor Co said on Wednesday it is nearing an agreement to sell its Volvo Swedish cars unit to China's Geely in a deal that underscores China's arrival as a major force in the global auto industry.
The Nasdaq rose on Wednesday after solid earnings from Micron Technology and Red Hat, but an unexpected drop in new home sales limited gains on the broader market.
Shares of MGIC Investment Corp fell nearly 10 percent, a day after the largest U.S. mortgage insurer said two units of Bank of America Corp filed a complaint for declaratory relief against it in the Superior Court of the State of California.
Maura Shaughnessy, manager of the MFS Utilities fund, has bicycled across New Zealand and Italy and in the Grand Canyon, not to mention completing an annual 192-mile charity ride in Massachusetts 16 times.
There are a number of strategies you can employ as a seasoned professional to avoid unnecessarily aging your candidacy on a résumé, while minimizing potentially disqualifying factors that you may or may not have considered, a few of which include...
The Nasdaq advanced on Wednesday, boosted by the tech sector's strength after solid earnings from Micron Technology and Red Hat.
Tata Teleservices [TATASL.UL], India's sixth-largest mobile operator, said it signed 3.3 million users in November, leading industry additions for the fourth straight month and taking its customer base to 54 million.
Glencore , the secretive Swiss commodities trader, took a step toward a public listing valuing it at more than $35 billion, as investors bought bonds that could give them a near 6 percent stake.
Sales of newly built U.S. single-family homes unexpectedly fell to their lowest level in seven months in November, data showed on Wednesday, dealing a blow to the housing market's recovery.
Sales of newly built U.S. single-family homes unexpectedly fell to their lowest level in seven months in November, data showed on Wednesday, dealing a blow to the housing market's recovery.
Consumer sentiment improved in December from November on some income growth and less gloomy job conditions, a survey showed on Wednesday.
The Nasdaq and the S&P 500 rose toward session highs on Wednesday as shares of technology and those of natural resource companies advanced on the back of U.S. dollar weakness, but the Dow traded near breakeven after briefly turning positive.
Wells Fargo & Co , the fourth-largest U.S. bank by assets, on Wednesday said it repaid the $25 billion government bailout it received during the financial crisis, after last week selling $12.25 billion in stock.
The Treasury Department will ask Congress to ease restrictions on the use of bank bailout funds so that it can use some of the money to encourage more lending to small businesses, a department official said on Wednesday.
The Dow and the S&P 500 barely budged on Wednesday, as the indexes pulled back from early gains after data showed new home sales fell unexpectedly in November.
Ford Motor Co said on Wednesday that it expected to finalize the sale of Volvo to China's Geely in the first half of 2010 in a deal that underlines China's arrival as a major force in the global auto industry.
The Dow and S&P indexes fell on Wednesday, threatening to break a three-day run-up, after data showed new home sales fell unexpectedly in November.
The Dow industrials and the S&P 500 index turned negative after a report showed sales of newly built U.S. single-family homes unexpectedly fell to their lowest level in seven months in November, shaking confidence in recent signs of stabilization in the housing market.
Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, data showed on Wednesday, boosting hopes of a self-sustaining economic recovery.
North and South American users of Research in Motion Ltd's BlackBerry smartphone suffered widespread delays in message services on Tuesday, just a week after another outage struck the popular corporate network.
Glencore issued $2.2 billion of convertible bonds, bringing the secretive employee-owned Swiss commodities trader closer to a public listing and valuing it at about $35 billion.
Americans looking for work are unlikely to find new jobs before next spring, U.S. Treasury Secretary Timothy Geithner said on Wednesday, though he insisted the economy was on the mend.
Stock index futures pointed to a higher open on Wednesday after data showed personal spending rose in November, though by less than expected.
Rostelecom (ROS.N), Russia's largest long-distance fixed-line call operator, is to buy a significant stake in IT company NVision Group to diversify its business in the face of stiff competition from mobile phones.
Telepresence was science fiction in the 50s, a Disneyland attraction in the 60s, and eventually morphed into costly corporate “telepresence rooms” and other high-end systems, which relied on expensive dedicated communications lines.
On December 14, 2009, an inauguration took place that deserves more attention than it received because it marks an economic power shift to the benefit of three Central Asian countries and China and to the detriment of Russia.
Stock index futures rose on Wednesday, a day after chipmaker Micron Technology swung to a quarterly profit and as investors awaited data expected to show an improvement in consumer sentiment.
Stock index futures rose on Wednesday, a day after chipmaker Micron Technology swung to a quarterly profit and as investors awaited data expected to show an improvement in consumer sentiment.
Ford Motor and Zhejiang Geely have addressed most of the big issues in the pending sale of Ford's Volvo car unit to the Chinese automaker, a source with knowledge of the talks said on Wednesday, paving the way for the biggest acquisition of a foreign automaker by a Chinese company.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.25 percent and Nasdaq 100 futures up 0.35 percent.