Global Financial Crisis
The stock market may be unstable, but you can count on us for all you need to know about the global stock markets, share prices, interest rates and more.
Chinese giant to buy US oil assets: company
OSLO (AFP) - Norwegian energy group Statoil said on Wednesday it was selling some of its oil assets in the United States to China's state-owned CNOOC, marking the first step by a Chinese energy major into the US market.
November 4, 2009, 11:02 pm
Major layoffs loom at Time Inc.: reports
WASHINGTON (AFP) - Time Inc., publisher of Time, Fortune, Sports Illustrated, People and other magazines, plans to lay off some 540 employees starting next week, or six percent of its workforce, The New York Post reported Friday.
October 31, 2009, 6:31 am
Motorola looks to Google-powered phones for turnaround
WASHINGTON (AFP) - Motorola is counting on Google juice to power its mobile phones and its future.
October 30, 2009, 8:04 am
Wall Street Journal closing Boston bureau
WASHINGTON (AFP) - Blaming an advertising slump that has left many US newspapers reeling, The Wall Street Journal said Thursday it was closing its Boston bureau.
October 30, 2009, 4:48 am
US exits recession, strongest growth in two years
WASHINGTON (AFP) - The US economy exited severe recession in the third quarter, posting the strongest growth in two years as government stimulus boosted consumer spending, government data showed on Thursday.
October 30, 2009, 2:03 am
Google adds free GPS navigation to mobile phones
WASHINGTON (AFP) - Internet giant Google unveiled a free navigation system for mobile phones Wednesday in a move seen as a potential challenge to the makers of standalone GPS navigation devices.
October 29, 2009, 7:02 am
What crisis? China's billionaires live it up
BEIJING (AFP) - While the rest of the world struggles to bounce back from the global financial crisis, China's billionaires are living large, snapping up luxury products at a breathtaking pace.
October 28, 2009, 9:49 pm
US consumer confidence takes recession beating
WASHINGTON (AFP) - US consumer confidence slumped in October amid worries about jobs in the recession-wracked economy, boding ill for the important holiday shopping season, the Conference Board said Tuesday.
October 28, 2009, 7:52 am
MSN in music talks with MySpace: AllThingsD
WASHINGTON (AFP) - Microsoft's MSN is in talks with MySpace about using the social network?s MySpace Music to help power music offerings on the software giant's online portal, technology blog AllThingsD said Tuesday.
October 28, 2009, 3:13 am
US newspaper circulation slide accelerates
WASHINGTON (AFP) - Daily circulation figures for US newspapers released on Monday provided more bad news for an industry battling the flight of readers to the Web and battered by a steep decline in advertising revenue.
October 27, 2009, 7:23 am
Icahn resigns from Yahoo! board
NEW YORK (AFP) - Billionaire investor Carl Icahn resigned from his position on the Yahoo! board, saying the US Internet giant no longer needed an "activist" director like him.
October 24, 2009, 1:39 pmNEW YORK (AFP) - Microsoft on Friday capped off a rousing week in which it released Windows 7, snagged a deal with Twitter and released quarterly earnings that easily beat the expectations of Wall Street analysts.
October 24, 2009, 8:32 am
Thai king appears in public for first time since hospital spell
BANGKOK (AFP) - Thailand's King Bhumibol Adulyadej appeared in public Friday for the first time since being hospitalised one month ago, easing fears over the health of the 81-year-old.
October 24, 2009, 7:48 am
Microsoft beats expectations to cap off big week
NEW YORK (AFP) - Microsoft on Friday capped off a week in which it released Windows 7 and snagged a deal with Twitter with quarterly earnings that easily beat the expectations of Wall Street analysts.
October 24, 2009, 1:53 am
Microsoft launches Windows 7
SAN FRANCISCO (AFP) - Microsoft's much-heralded Windows 7 went on sale around the world as the US software giant seeks to reboot after the disappointment of its previous generation operating system Vista.
October 23, 2009, 10:54 pm
Amazon's Bezos says Kindle is number one
NEW YORK (AFP) - Amazon crowned a new king on Thursday -- the Kindle, its electronic book reader.
October 23, 2009, 10:49 am
News non-profit links with NY Times for Chicago edition
WASHINGTON (AFP) - A newly formed non-profit news organization announced on Thursday that it will provide local stories to a Chicago edition of The New York Times to be launched next month.
October 23, 2009, 10:20 amSAN FRANCISCO (AFP) - Microsoft's much-heralded Windows 7 went on sale around the world Thursday as the US software giant seeks to reboot after the disappointment of its previous generation operating system Vista.
October 23, 2009, 9:04 am
NY Times posts net loss but sees improved ad climate
NEW YORK (AFP) - The New York Times Co. cut its quarterly net loss on Thursday despite plunging advertising revenue and said there were signs the ad slump may be easing.
October 23, 2009, 8:23 amSelect your region to see news and weather for your area.