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.
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.
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.
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.
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.
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 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.
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.
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.
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.
The number of US banks gone into bankruptcy this year reached the highest level since 1992, according to media report on Wednesday.
Instead of going overseas, more Americans will be making inbound trips to spend time with family and friends during the holiday season.