Apple's Jobs takes 3rd medical leave, stock slumps

2011-01-18 07:33:35

Apple Inc Chief Executive Steve Jobs is taking medical leave for the third time since 2004, sending its shares tumbling more than 8 percent as the surprise revived concerns over the long-term future of the iPhone- and iPad-maker.

China, US sign $600 m deals ahead of Hu's visit

2011-01-18 06:50:06

Chinese and US businesses Monday signed six agreements worth of $600 million in Texas, one day ahead of Chinese President Hu Jintao's state visit to the United States.

US companies continue to bet on China's growth

2011-01-17 22:45:44

As the United States struggles to shake off the shadow of the financial crisis, many US companies are increasing their investments in China- betting that the country will continue to deliver high growth for years to come.

US Fed move casts dim light on economy

2010-11-09 10:54:41

China's stock markets will continue to climb in the short term, analysts say, and possibly reach new highs this year due to a recent United States Federal Reserve move that has been harshly criticized globally.

US Fed officials offer dueling views on policy

2011-01-12 11:12:34

Two top US Federal Reserve officials offered differing views on monetary policy on Tuesday, with one warning the Fed's ultra-easy stance may soon backfire, and the other saying he is comfortable with it.

US, Chinese firms to build world's largest solar plant

2011-01-06 07:55:30

First Solar Inc, a US-based renewable energy company, signed a memorandum of understanding (MOU) with China Guangdong Nuclear Solar Energy Development Co Ltd (CGN SEDC) on Wednesday to jointly develop the world's largest solar power plant.

US regulators want $2.5 billion from bank execs

2011-01-05 08:23:08

US banking regulators have authorized lawsuits against 109 bank officials so far as they seek to recover at least $2.5 billion in losses connected to recent bank failures.

US economists foretell of US decline, China's rise

2011-01-10 07:49:47

To hear a number of prominent economists tell it, it doesn't look good for the US economy, not this year, not in 10 years.

US, Chinese firms to build world's largest solar plant

2011-01-06 07:55:30

First Solar Inc, a US-based renewable energy company, signed a memorandum of understanding (MOU) with China Guangdong Nuclear Solar Energy Development Co Ltd (CGN SEDC) on Wednesday to jointly develop the world's largest solar power plant.

US praises Reserve Bank of India in Iran dispute

2010-12-30 11:12:06

The United States on Wednesday praised the Reserve Bank of India for reducing its dealings with Iran's central bank, saying the Islamic Republic misuses its financial relationships to support its nuclear program.

US bank failures set 18-year high in 2010

2010-12-30 09:51:07

The number of US banks gone into bankruptcy this year reached the highest level since 1992, according to media report on Wednesday.

Overseas trips off the agenda for US travelers

2010-12-23 11:09:14

Instead of going overseas, more Americans will be making inbound trips to spend time with family and friends during the holiday season.