China's factory activities slumped for the fifth consecutive month as weakening domestic demand continued to weigh on growth. Spooked investors moved quickly out of riskier assets while hoping for further easing from Beijing.
Moran Zhang
Mar 22, 2012
Tim Tebow's arrival in New York will create a financial boost for the Jets, but his endorsement deals will depend on his playing time.
John Talty
Mar 22, 2012
Claims for jobless benefits fell to a four-year low of 348,000, a sign that the labor market recovery is picking up steam.
Moran Zhang
Mar 22, 2012
The so called iPhone 5 rumor mill got a fresh boost up Wednesday after a reported surfaced claiming that Apple is moving along with development of the next iteration of iPhone, and is now in the process of reviewing components submitted by suppliers for potential use in the device.
Kukil Bora
Mar 22, 2012
A lawsuit that accused Goldman Sachs Group Inc. of defrauding investors was refused dismissal by a federal judge in Manhattan, according to the latest reports.
Bhaskar Prasad
Mar 22, 2012
Asian shares inched up Thursday but remained in ranges as investors waited for manufacturing data from China and the euro zone due during this session for more clues about the state of their economies.
Eric Linton
Mar 21, 2012
Less than one week after Apple released the New iPad 3, unsatisfied buyers are already returning their tablets to stores and sending them back to the company.
Connor Adams Sheets
Mar 21, 2012
Developments in the two weeks since the credit event confirmed that the world's first test of using credit default swaps as protection involving sovereign debt turned out fairly well. But broader concerns abound, such as the fragile Greek economy and what could be in store for fellow euro zone members Spain and Portugal.
Benjamin Reeves
Mar 21, 2012
Heavy equipment maker Caterpillar Inc. (NYSE: CAT) is expanding a Chinese manufacturing facility by 80 percent, the U.S. company said Wednesday.
Mike Obel
Mar 21, 2012
It's almost unthinkable that the U.S. government will continue to sustain current levels of spending, and the reduction will lead to diminished profit margins of companies, asset manager James Montier of GMO writes.
Hao Li
Mar 21, 2012
Beats Electronics, majority-owned by HTC, is close to acquiring digital music subscription service MOG for an undisclosed sum, according to an anonymous source familiar with the matter.
Surojit Chatterjee
Mar 21, 2012
U.S. existing home sales fell to 4.59 million in February, 0.9 percent below upwardly revised sales figures in January, the National Association of Realtors (NAR) said Wednesday.
Roland Li
Mar 21, 2012
Travel, that most social of pursuits, has always been wise to the Web. But reaping quantifiable rewards from the social web is proving as elusive for travel brands and booking engines as it is for most other industry sectors.
Mark Johanson
Mar 21, 2012
Oracle Corp beat Wall Street's earnings estimates as new software sales came in at the high end of the company's forecast, offsetting a sharp drop in hardware revenue.
IBT Staff Reporter
Mar 20, 2012
The new law, which has been the source of fierce battles between industry and government officials for two years, will affect around 30 companies, including international mining giants BHP Billiton, Rio Tinto and Xstrata.
Oliver Tree
Mar 20, 2012
The Dutch Royal family is trying to return to their normal routines following Prince Johan Friso's avalanche accident on February 17th. Queen Beatrix, Johan Friso's mother, returned to her royal duties at the beginning of March, attending a meeting with the Prime Minister, and later opening up the new Explosive Ordnance Barracks in Soesterberg.
Amanda Remling
Mar 20, 2012
Major indexes across Europe were down Tuesday on negative news regarding an expected slowdown in Chinese economic growth.
Hao Li
Mar 20, 2012
French Queen Marie Antoinette -- who historically bears the brunt of having uttered the four words, summing up the obliviousness of the French monarchy to the poverty of the peasants, prior to the French revolution -- may have found her modern day avatar in the Syrian first lady Asma al-Assad. Upon learning that her subjects had no bread to eat during the famine that occurred in France due to the mismanagement of treasury, Antoinette, wife of Louis XVI of France, famously remarked: Let them ...
Amrutha Gayathri
Mar 20, 2012
Goldman Sachs Group Inc has started reducing employees in the trading and investment banking divisions, it has been reported.
Bhaskar Prasad
Mar 20, 2012
Privately held Zayo Group LLC agreed to buy rival AboveNet Inc, a provider of broadband connections to big companies and carriers, for about $2.2 billion to tap into the galloping demand for fast data services.
Wendy Li
Mar 19, 2012
Asma al-Assad, the 38-year-old wife of Syrian regime leader Bashir al-Assad and a former investment banker, will likely join 114 other Syrians on a list of sanctioned individuals by the European Union, freezing her assets to preventing shopping, travel and other commerce in foreign countries; meanwhile, reports emerge of Assad's emails to friends where she boasts of the power of the Syrian regime, and that she is the real dictator.
Dale W. Eisinger
Mar 19, 2012
Home prices in nearly half of China's major cities fell in February from the year-ago period, as Beijing showed its determination to tame the property market.
Moran Zhang
Mar 19, 2012