Population Shift Swells Southern and Western Cities Posted: 14 Apr 2011 07:22 PM PDT Cities in the South and West grew the most over the past decade, reflecting a trend that has seen Americans leave colder climes in the North for warmer and faster-growing economies in other parts of the country, according to Census data. |
Asia Stocks Mixed Posted: 14 Apr 2011 07:14 PM PDT Asian stock markets were mixed early Friday, with Japan's Nikkei down 0.5%. |
Japan to Stabilize Yen if Volatile Posted: 14 Apr 2011 07:04 PM PDT Japan's finance minister said Thursday he would take "decisive steps" to stabilize the yen if it becomes "excessively volatile," even though the currency market had "calmed down" since last month's concerted intervention by the Group of Seven leading nations. |
Siemens Rethinks Nuclear Ambitions Posted: 14 Apr 2011 04:47 PM PDT Siemens is having second thoughts about its goal of becoming a major player in nuclear energy in the wake of Japan's unfolding nuclear crisis. |
Groupon to Pick Bankers for IPO Posted: 14 Apr 2011 06:19 PM PDT Groupon is expected to pick Goldman Sachs and Morgan Stanley as its two lead underwriters for an IPO planned later this year. |
Stock-Exchange Mergers Fan Nationalism Posted: 14 Apr 2011 05:54 PM PDT It seemed inevitable: Financial exchanges around the world consolidating into a few global behemoths. But the inevitable has made some politicians downright irritable. |
Smaller Lenders Struggle to Survive Posted: 14 Apr 2011 04:45 PM PDT The factors that propelled quarterly earnings at J.P. Morgan Chase this week aren't doing much to help smaller institutions struggling to stay afloat. |
Glaxo to Shed Its OTC Diet Drug, Alli Posted: 14 Apr 2011 06:32 PM PDT Four years after launching the nonprescription diet pill Alli with much fanfare and a heavy marketing budget, U.K. drug maker GlaxoSmithKline said it plans to sell the drug along with a clutch of other over-the-counter brands. |
Japan to Give Report on Dumped Water Posted: 14 Apr 2011 04:24 PM PDT Japan will provide new details on its deliberate discharge of 10,000 tons of low-level radioactive water from the Fukushima Daiichi nuclear power plant into the ocean in an acknowledgment of criticism it should have provided more advance notice. |
Firms Tip Scales Back Toward Shareholders Again Posted: 14 Apr 2011 06:27 PM PDT In Expedia's planned spinoff of travel media unit TripAdvisor, chalk up another point for shareholders in the battle of stocks versus bonds. |
Kerkorian to Leave MGM Board Posted: 14 Apr 2011 05:52 PM PDT Billionaire Kirk Kerkorian is stepping down from the board of MGM Resorts International as the company he founded faces a stagnating Las Vegas. |
Comcast Moves Sports Goal Posts for NBC Posted: 14 Apr 2011 06:30 PM PDT NBCUniversal CEO Steve Burke hopes to win rights to collegiate and other sports programming to help build up Comcast's pay-TV outlets. |
China Puts Brakes on High-Speed Trains Posted: 14 Apr 2011 02:07 PM PDT China will begin forcing its growing fleet of high-speed trains to operate at slower speeds, the country's railways chief said, in the latest sign of trouble for the country's most vaunted transportation project. |
G-20's Efforts on Growth Stall Posted: 14 Apr 2011 07:32 PM PDT The Group of 20's flagship effort to bolster global growth is floundering and unlikely to get much of a lift from a conference of its finance ministers in Washington. |
RIM Launches New PlayBook Posted: 14 Apr 2011 02:22 PM PDT Research In Motion launched its new PlayBook tablet computer amid poor reviews and a scramble to make more third-party applications. |
Congress Approves 2011 Budget Bill Posted: 14 Apr 2011 04:30 PM PDT Congress approved compromise legislation funding the government through the remaining months of fiscal 2011, nearing an end to an impasse that has brought the federal government to the brink of shutting down.. |
High Costs Slow Google's Profit Posted: 14 Apr 2011 06:27 PM PDT Google posted an 18% increase in quarterly profit, as a surge in revenue was offset by a 54% jump in operating expenses as the Internet giant continues to invest in new businesses and hire aggressively. |
Study Points to Mother of All Mother Tongues Posted: 14 Apr 2011 11:41 AM PDT The world's 6,000 or so modern languages may have all descended from a single ancestral tongue spoken by early African humans between 50,000 and 70,000 years ago, a new study suggests. |
Wal-Mart Settles Slur Suit Posted: 14 Apr 2011 05:55 PM PDT Wal-Mart will pay $440,000 to settle an EEOC suit on behalf of Mexican immigrant workers at a California Sam's Club who claimed they were harassed about their national origin by a colleague. |
Greek Debt Pressured by Restructuring Speculation Posted: 14 Apr 2011 12:42 PM PDT Fresh speculation that Greece faces a debt restructuring—fueled by a German government minister's interview—put Greek government bonds under pressure. |