Japan Refocuses Defense Toward China Posted: 16 Dec 2010 07:34 PM PST Joining other neighbors that are adjusting their policies in response to China's rapid military buildup, Japan unveiled a new set of national-security guidelines. |
Asia Stocks Opens Mixed Posted: 16 Dec 2010 05:36 PM PST Asian stocks were mixed with the New Zealand market up 0.3%, capped by a sharp fall in Fisher & Paykel Appliances shares after a profit warning. |
Companies Shun Violent Mexico Posted: 16 Dec 2010 05:57 PM PST Growing numbers of companies are deciding to limit their investments in Mexico because of spiraling drug-related violence in one of the world's most important emerging markets. |
RIM's Profit Surges Posted: 16 Dec 2010 06:02 PM PST Research In Motion's quarterly earnings rose 45%, as the BlackBerry maker said it shipped a record 14.2 million smartphones despite increased competition. |
Oracle Buoyed By Tech Rebound Posted: 16 Dec 2010 04:34 PM PST Oracle's quarterly profit rose 28% as the business-software giant continued to see strength in both its traditional software side and its new hardware business. |
H-P Says U.S. Bribery Probe Has Expanded Posted: 16 Dec 2010 06:17 PM PST A bribery investigation that originally focused on a Hewlett-Packard contract in Russia has expanded to sales in several European countries. |
Blackstone Reworks $7 Billion in Debt Posted: 16 Dec 2010 06:13 PM PST Blackstone reached an agreement to restructure about $7 billion of the remaining debt tied to its epic purchase of Sam Zell's Equity Office Properties Trust. |
EU Bailout Deal Fails to Quell Rifts Posted: 16 Dec 2010 07:03 PM PST European leaders backed plans for a new fund to rescue indebted euro-zone nations but failed to resolve disagreements over whether more radical action is needed. |
Tax Deal Moves Toward Passage Posted: 16 Dec 2010 07:39 PM PST Congress was poised to pass a far-reaching bill to avert an across-the-board income-tax increase, but a final House vote was delayed by a procedural snarl that underscored liberals' persistent opposition to the bill. |
Google's Word-Wide Web Launches Posted: 16 Dec 2010 05:29 PM PST Language analysts, sifting through Google's digital library, found a new way to track the arc of fame, the effect of censorship, the spread of inventions and the explosive growth of new terms in the English-speaking world. |
Dollar: National Currency With State Implications Posted: 16 Dec 2010 11:33 AM PST A weaker U.S. dollar would help lift foreign demand, but the impact will not be equal on each state or region. That's because, for instance, Texas ships more exports to Mexico while New York sends more to Canada. |
Wall Street Headcount Falls Posted: 16 Dec 2010 11:36 AM PST The number of professionals working in investment banking and securities dealing in New York City fell 17% in November from a year earlier, and fell 21.5% in New York state. |
Chevron To Pump $4 Billion Into Field Posted: 16 Dec 2010 03:22 PM PST Chevron said it will invest $4 billion over several years to develop a new oil field that lies 5,200 feet below the Gulf of Mexico, illustrating the industry's continued interest in deepwater projects. |
Fed's Debit-Card Fee Rules Hit Hard; Issuers Howl Posted: 16 Dec 2010 07:04 PM PST The Fed's set of new debit-card restrictions on "swipe fees" was more aggressive than expected. The card issuers were aghast—as were investors in their stocks. |
U.S. Urges Web Privacy 'Bill Of Rights' Posted: 16 Dec 2010 08:46 AM PST The Obama administration called for the creation of a Privacy Policy Office that would help develop an Internet "privacy bill of rights" for U.S citizens and coordinate privacy issues globally. |
Probe Nabs Tech Managers Posted: 16 Dec 2010 07:23 PM PST Federal prosecutors charged four corporate managers with peddling financial details about prominent technology companies and with leaking secrets about popular consumer products such as Apple's iPhone in exchange for cash. |
FDA Recommends Avastin Curb Posted: 16 Dec 2010 04:07 PM PST The FDA said it is recommending that Roche's Avastin no longer be approved for treatment of breast cancer. |
Geithner Defends TARP, Sees Progress Posted: 16 Dec 2010 12:24 PM PST Geithner defended the government's widely unpopular response to the financial crisis, noting that the final cost to taxpayers is likely to be even less than the current $25 billion estimate. |
Swift Rise in Yields Pushes Up Mortgages Posted: 16 Dec 2010 04:14 PM PST The sudden jump in Treasury yields has driven 30-year mortgage rates above 5%, keeping pressure on the struggling housing market and countering the Fed's efforts to help the economy. |
SEC Charges Lawyer To Adviser Starr With Aiding Fraud Posted: 16 Dec 2010 09:51 AM PST The U.S. Securities & Exchange Commission charged a lawyer for New York financial adviser Kenneth Starr with aiding his fraud scheme. |