The main event this week is April?s retail sales report, which could see some payback after the unseasonably warm weather boosted March?s results. In Europe, investors will get a look at how the region?s economies fared in the first quarter.
The Big Agriculture groups coming to Dow's defense have everything to gain from Enlist's regulatory approval.
China's announcement that construction was down and manufacturers bought less factory equipment in April drove oil prices down and caused concerns that the global economy was slowing down. These concerns were reflected in market activity.
Senate Majority Leader Harry Reid, D-Nev., said the filibuster has been abused, abused, abused after a bipartisan bill to reauthorize a federal export financing bank was stalled Thursday.
Despite RBI's desperate efforts to prop it up, rupee declined by 18 paise to reach 53.60 against dollar in the late morning trade on Friday. However, rupee stabilized in the later sessions at 53.54/55 before closing at 53.45 and India's industrial production surprisingly declined by 3.5 percent in March, for the first time in five months, prompting the industry to seek cut in interest rates.
The earnings calendar for the week ahead will be comparatively light, but a number of bellwether companies will be reporting results.
The new era of 4G LTE phones are setting to take strong ground and Sprint operator is bidding high on these new set of smartphones category. HTC EVO 4G LTE, its next LTE phone coming on May 18. Recent image leaks suggests two more biggies are there on the block -- Samsung SPH-L300 and LG LS970 'Eclipse'. Which one will be yours?
China reported Thursday a rise in trade surplus to $18.4 billion in April from $5.35 billion in March amid continued weakness in exports caused by economic crises in overseas markets.
Wholesalers increased their stockpiles modestly in March, but by less than economists had expected, as the value of petroleum stocks dropped by the most in nearly two years.
The Santa Clara County Coroner's Office ruled that 'Painter of Light' Thomas Kinkade died of accidental acute intoxication from alcohol and Valium, an anti-anxiety medication.
Mitt Romney's former presidential rival Rick Santorum officially endorsed the likely Republican nominee late Monday night after weeks of dodging questions about his support.
Industrial output in Germany shot up far more than expected in March, following February's weather-related weakness, renewing hopes that Europe's biggest economy may have avoided recession.
Nicolas Sarkozy lost his presidential reelection bid in France to Francois Hollande on Sunday with only 48.4 percent of the votes to Hollande's 51.7 percent. While the new presidency means some sweeping changes for the country, it also means there will be a new first lady. Her name is Valerie Trierweiler, Hollande's girlfriend, and she is cut from a different cloth than France's soon-to-be former Premiere Femme, Carla Bruni.
The Semiconductor Industry Association, which represents the top U.S. chipmakers, lauded bipartisan approval in the U.S. Congress to boost funding for both the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST).
Micron Technology Inc. (NYSE: MU), the only U.S. maker of memory chips, has won a bid for the assets of rival Elpida Memory of Japan, which collapsed in February.
Germany's Economics and Technology Ministry reported Monday factory orders rose in March, spurred primarily by businesses looking away from the euro zone and to the United States and emerging markets. Orders rose 2.2 percent from February, spurred by a 4.8 percent growth in export orders from outside the currency zone.
US Secretary of State Hillary Clinton Monday pitched for the opening up of the Indian retail market for foreign direct investment (FDI) and asked the government to do more on Iran oil cuts.
Mazda announced Friday that several dozens of its US employees had agreed to the voluntary buyouts as a part of the automaker's effort to make profits.
The Royal Canadian Mint's manufacturing facility in Winnipeg Friday produced Canada's last penny, marking the end of the era of one cent coins.
Disappointing jobs growth in the U.S., together with shrinking manufacturing and services activity in the euro zone, had equities and commodities in retreat and bond yields down. News this weekend isn't likely to calm jitters, with elections in both Greece and France, which may get its first new socialist president since 1981.
Microsoft?s next generation Xbox, rumored to be called the 720 and codenamed Durango, is in its manufacturing stages according to IGN. A source told the gaming website that assembly of the upcoming console?s hardware has started recently at the Austin, Texas division of Flextronics. The electronics company is also responsible for manufacturing the current Xbox 30 console and the original Xbox.
Output for the eurozone manufacturing and services sectors shrank in April more than initially reported, according to Purchasing Managers Index (PMI) data released Friday by Markit, the London firm that publishes a monthly independent surveys that gauges economic activity worldwide. Business conditions deteriorated at a faster rate towards the end of the month, said Chris Williamson, chief economist at Markit, explaining the downward revision from preliminary estimates released April 23....
