Federal Reserve Chairman Alan Greenspan was set on Tuesday to sketch out his outlook for the U.S. economy as Wall Street braces for possible hints that short-term interest rates will remain low for a...
Walkie-Talkie Feature Could Strain Rivals' Business Relationship For the decade that Nextel Communications Inc. and Motorola Inc. have been together, they've had a relationship worthy of envy....
Nation's No. 1 financial services firm's operating income up 14% in period, boosts dividend 75%. Citigroup reported improved second-quarter earnings Monday that beat Wall Street expectations for the...
The European Union and the United States edged closer to an all-out trade war on Friday after the World Trade Organisation ruled that American duties of up to 30 per cent on steel imports imposed by...
Oil prices have surged to a two-month high on fears a tropical storm could disrupt production in the Gulf of Mexico. The price of benchmark Brent crude for August delivery gained 51 cents a barrel...
Bank of America Corp., the third- biggest U.S. bank by assets, said second-quarter net income climbed 23 percent as it sold more mortgages and credit cards. Net income rose to $2.74 billion, or $1....
Japan's Nikkei average was down three percent by midafternoon on Friday as investors dumped techs and other blue chips that had powered the market's recent rally on worries that the gains had been...
Microsoft Move May Doom Attack on Rule Three months ago, the high-tech lobby was pumped. It had signed on big industry players such as Intel Corp. and Sun Microsystems Inc. to help fight new...
After months of gloomy predictions, some of Asia's biggest economies are emerging from the outbreak of the deadly Sars virus more or less unscathed. China and Japan have unveiled statistics showing...
Investors likely to pull back at the open after uninspiring earnings from Yahoo!, weak jobs data. Stocks headed for a lower open Thursday, after earnings news from Yahoo! and a weak weekly jobless...