Bernanke faces the press with little news

2011-04-28 10:34:46

In the United States Federal Reserve's first news conference in 32 years, Chairman Ben Bernanke said the Fed will maintain its stimulus policies and showed confidence that the dollar will get back on solid footing as the US economy climbs out of its recession.

GE sees best profit outlook in a decade

2011-04-28 09:19:01

General Electric Co sees its best earnings growth prospects in a decade as the global economic recovery drives demand for the heavy energy and aviation equipment it makes.

Facebook investors look for exits

2011-04-28 09:17:00

A group of Facebook shareholders is seeking to offload $1 billion worth of shares on the secondary market, a sale that would value the company at more than $70 billion

US to continue bond-buying program as scheduled

2011-04-28 07:28:15

The US economic recovery is "proceeding at a moderate pace," and the Federal Reserve will continue its Treasury bond purchase program by the end of June, said the Fed.

Amazon eyes rosy revenue

2011-04-27 10:02:18 gave a confident revenue forecast that suggested its aggressive expansion into new businesses is paying off, soothing concerns about its slimmed-down profit margin.

Apple, Google face pressure on location-tracking

2011-04-26 16:16:46

Apple Inc. and Google Inc. were facing mounting pressure Monday from US lawmakers and consumers after media reports highlighted their location-tracking practices.

Nissan recalls 196,000 SUVs on corrosion risk

2011-04-25 21:58:37

Nissan Motor Co Ltd recalled nearly 196,000 older-model Pathfinder and Infiniti QX4 SUVs due to the chance that road salt and water could collect to cause a loss of steering, US safety regulators said.

iPhone collects location even if services turned off

2011-04-25 13:10:24

Apple Inc's iPhone is collecting and storing user's location data even when location services are turned off, the Wall Street Journal reported on Sunday after analyzing data and documents.

US default could be economic doomsday

2011-04-24 14:14:49

US has never defaulted on its debt and Democrats and Republicans say they don't want it to happen now.Banker: China should reduce FX reserves

Toyota recalls 308,000 SUVs in US

2011-04-22 16:19:54

Toyota Motor Corp. announced Thursday it will recall about 308,000 SUVs in US to fix problems related to unwanted airbag deployments, according to a report.

Apple to beat Google on cloud music-sources

2011-04-22 09:32:38

Apple Inc has completed work on an online music storage service and is set to launch it ahead of Google Inc, whose own music efforts have stalled

GE's profit beat fails to stir Wall Street

2011-04-22 09:41:35

General Electric Co posted an 80 percent rise in profit that topped Wall Street's expectations, helped by a strong recovery in its finance arm.