Wall St set to rise on jobs report, Apple eyed
U.S. stock index futures rose on Wednesday, a day after Wall Street suffered its worst selloff in three months and as a report showed the private sector added more jobs than expected.
US STOCKS-Wall St set to rise on jobs report, Apple eyed
U.S. stock index futures rose on Wednesday, a day after Wall Street suffered its worst selloff in three months and as a report showed the private sector added more jobs than expected.
Chrysler recalls 210,000 Jeep SUVs for corrosion issue
Chrysler is recalling nearly 210,000 Jeep Liberty sport utility vehicles due to potential problems resulting from excessive corrosion that could lead to a loss of control by the driver.
Europe's ailing carmakers seek overcapacity fix
Europe's carmakers, desperate to beat the chronic overcapacity plaguing the industry, are seeking a pan-European fix to a problem that is eating away at profits and leaving them vulnerable to leaner overseas competitors.
Airbus fine-tunes tactics after record order run
After taking the airline industry by storm last year with record sales of a revamped passenger jet, Airbus is quietly switching tactics by putting emphasis on sales of the preceding model to prevent unwanted gaps in production.
Wall Street rises after jobs report, Apple gains
Stocks edged higher on Wednesday, a day after Wall Street suffered its worst selloff in three months and as a report showed the private sector added more jobs than expected.
Wynn Resorts to vote to remove Okada from board
Wynn Resorts Ltd said it would hold a special meeting of shareholders to remove Kazuo Okada from its board, less than two weeks after the Japanese billionaire was ousted as director of the company's Macau unit.
Wal-Mart to use more self-checkout lanes
Wal-Mart Stores Inc will add more self-checkout lanes at Walmart and Sam's Clubs stores as it continues to look for ways to lower costs and prices, Chief Financial Officer Charles Holley said on Wednesday.
Wall Street set to rise on jobs report, Apple eyed
Stock index futures rose on Wednesday, a day after Wall Street suffered its worst selloff in three months and as a report showed the private sector added more jobs than expected.
RIM results will continue to disappoint: BMO
Research In Motion's revenue and margins will continue to disappoint in the coming quarters due to a lack of clarity on the launch and impact of its latest version of BlackBerry, BMO Capital Markets said.
GE sees LatAm, Middle East outpacing Asia in 2012
General Electric Co expects its sales growth in resource-rich countries in Latin America and the Middle East to outpace that in China and Asia, which has been a major focus for the largest U.S. conglomerate.
Private sector adds 216,000 jobs in February
The pace of job creation by private employers accelerated more than expected in February, a report by a payrolls processor showed on Wednesday.
Greek bond swap outcome unclear: BNP negotiator
The result of a planned private sector Greek debt swap remains uncertain, French bank BNP Paribas' Greek debt negotiator told Le Monde newspaper in an interview published on Wednesday.
Facebook goes down in parts of Europe
Facebook Inc, the world's biggest social networking site, said its service was unavailable in some European countries on Wednesday morning because of technical problems.
PREVIEW-Apple's next iPad may be a 4G game changer
Apple Inc is betting a 4G-equipped iPad will tempt more U.S. consumers to pay extra to watch high-quality video on the go, and in turn, give Verizon Wireless and AT&T Inc a revenue boost.
Stock futures gain after selloff, ADP jobs report eyed
Stock index futures rose on Wednesday, a day after Wall Street suffered its worst selloff in three months and ahead of a private employment report expected to show the U.S. economy added jobs in February.
Adidas outlook disappoints in Olympic year
German sportswear group Adidas stuck to forecasts for a slowdown in sales growth in 2012, disappointing investors who had hoped for more in a banner year for sports events with the Olympics and European soccer championships.
Stock futures bounce back from losses; ADP jobs eyed
Stock index futures rose on Wednesday, a day after Wall Street suffered its worst selloff in three months and ahead of a private employment report expected to show the U.S. economy added jobs in February.
China Lambasts U.S. Trade Bill, Won't Adjust Yuan
A U.S. trade bill targeting Chinese imports goes against international rules and Beijing will not adjust the value of its currency to try to bridge a trade deficit that is Washington's problem to fix, China's commerce minister said on Wednesday.
Japan prosecutors charge key figures in Olympus scandal
Tokyo prosecutors on Wednesday charged Olympus Corp and six key figures in the $1.7 billion accounting fraud at the camera and endoscope maker, tightening their case in the investigation of one of Japan's biggest corporate scandals.
EU Seen Posing Fresh Questions for Hungary
The European Commission may on Wednesday tell Hungary it still has concerns over disputed laws, potentially further delaying new talks on an aid deal needed to keep the country solvent.
Analysis: Greek default may be gift to other euro strugglers
Greece's tortuous debt restructuring and threat of retroactive laws to compel reluctant creditors heaps regulatory risk onto investors but may make voluntary sovereign debt revamps more attractive and likely for other cash-strapped euro sovereigns and their creditors.
China says some foreign firms exploit workers
Some foreign companies in China exploit their workers by forcing them to do overtime or underpaying them, the labor minister said on Wednesday, as controversy swirls over working conditions at a plant that makes Apple Inc's iPhones and iPads.
Bill Gates company starts music service for pros
Microsoft Corp co-founder Bill Gates' privately held Corbis, which provides photos and film video for advertisers, is expanding further into entertainment by launching an online music service with songs from the four largest publishers.
Analaysis: Greek default may be gift to other euro strugglers
Greece's tortuous debt restructuring and threat of retroactive laws to compel reluctant creditors heaps regulatory risk onto investors but may make voluntary sovereign debt revamps more attractive and likely for other cash-strapped euro sovereigns and their creditors.
Samsung files fresh lawsuit against Apple in South Korea
Samsung Electronics Co said on Wednesday it has filed another lawsuit against Apple Inc in South Korea, claiming the iPhone 4S and iPad2 infringed on three of its patents.
Sim City gets rebuilt for 2013 with modern look
Sim City is going back to its roots. The classic city building game that first came out in 1989, is returning next year in a new version that has a modern-day look and feel but is being built by those who worked on the original.
Hacking mole helps FBI arrest Anonymous leaders
One of the world's most-wanted hackers secretly became an FBI informant last year, providing evidence that led to charges on Tuesday against five other suspected leaders of the Anonymous international hacking group.
Fed Likely to Take Wait-and-See Stance Next Week
If you expect the Federal Reserve to launch another round of bond buying to stimulate growth at its meeting next week, you're almost certain to be disappointed.
Obama offers mortgage relief to millions of homeowners
President Barack Obama on Tuesday announced a cut in fees on many government-backed mortgages that he said could help millions of homeowners refinance, part of an election-year push to boost the shaky housing market.