The northeastern Chinese city of Tianjin announced a four-year plan to invest 1.5 trillion yuan ($236 billion) to stimulate industrial growth, Bloomberg News reported Tuesday. The Communist Party's Tianjin Daily also reported that investments have been announced for 10 industries, including petrochemicals and aerospace.
There's an almost-daft energy over Wall Street at the moment as stocks keep to four-year highs, a trend that hasn't kept analysts from warning that the party is about to be over.
Fisker Automotive Inc. is in a bad place right now, running out of money, recalling its hybrid-electric Karma luxury cars because they burst into flames and shuffling around executives faster than a losing team substitutes pitchers; it's hard to find a bright patch for the company that isn't on fire.
News of the Paypal co-founder's exit comes a day after several of Groupon Inc's [NASDAQ: GRPN] largest early investors sold their stock in the troubled online voucher site.
While some may see the made-for-television national political conventions as a colossal waste of time and money, analysts have been busy crunching numbers to figure out which way these carefully choreographed productions will impact the stock market.
Asian shares edged up Tuesday as investors held on to hopes the European Central Bank will act to soothe borrowing costs, even as officials denied a report about the shape of its planned bond buying strategy.
What do you do when your country is sinking? If you?re the Maldivian government, you create a series of floating islands that include a hotel and convention center, private villas and an 18-hole golf course.
The famously all-male Augusta National Golf Club has officially admitted its first female members -- former Secretary of State Condoleezza Rice and business executive Darla Moore.
Exchange operator CME Group Inc. (Nasdaq:CME) is opening a hot new table in the global financial casino, pushed to set up a derivatives exchange in London by clients who can't be bothered to comply with U.S. law.
Who is Darla Moore? The businesswomen joins former Secretary of State Condoleezza Rice to become the first female members of Augusta National Golf Club.
The reason that Mitt Romney will release his 2011 tax return only two months from now is because he's waiting for the Internal Revenue Service to finish processing it, a top adviser said on Sunday.
OnLive, the cloud-streaming online game service, has had its share of difficulties over the past week or so, including potentially having filed for a form of bankruptcy, as well as firing multiple employees.
In a move to assuage employees and customers, Cloud-gaming service provider OnLive has confirmed asset sale and assured continuation of services without interruption.
Asian stocks fell Monday as it became apparent to investors that Europe's policymakers were still lingering on taking decisive action to contend with the euro zone debt crisis.
ZeekRewards and Zeekler have been shut down, but the consequences and fallout is far from over.
Finance minister urged state-run banks to increase lending for consumer durables on Saturday, saying this would help boost the manufacturing sector which has been caught up in the slowdown of the economy.
It may be surprising to many who believe that Wall Street and global finance are inherently malevolent that a century ago, the public had a very similar perception of financial services, a notion that was channeled by editorial cartoonists in hard-hitting illustrations in magazines like Puck and newspapers like the New York Herald. These cartoons would be as fitting today as they were in 1912.
Users of ZeekRewards.com and Zeekler.com are searching for answers -- and their lost money -- after the Securities and Exchange Commission charged the sites' owner, Paul Burks, with an alleged $600 million Ponzi scheme. "I was in shock," said a Zeek member who used the site for five months.
France, Germany, Spain, China and Japan, among other nations, have moved by leaps and bounds ahead of the U.S. in cutting-edge rail transportation (and in rail line profitability), while Amtrak struggles to survive on budgetary scraps from Congress. Many rail experts believe that only investments from the private sector and sovereign wealth funds can save Amtrak.
Verizon Wireless recently activated new 4G LTE coverage on sites in Ballston Spa and Austerlitz, further expanding coverage on the high-speed wireless data network, which the company launched locally in August 2011.
Advisers to the prime minister issued a stern warning to the government on Friday on the need to rein in the country's fiscal and current account deficits to avoid the risk of a credit ratings downgrade to junk status.
Even at a time when paying for college has become a lifetime endeavor for the average Americans, having a college degree is still a worthwhile investment. Nearly four out of every five jobs destroyed by the recession were held by workers with a high school diploma or less.
![Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]](https://d.ibtimes.com/en/full/750362/apple-iphone-5-already-sale-complete-set-components-sells-199-china-pictures.jpg?w=496&h=331&f=24b23080a23994ca6a9af696039777a6)
