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Updated: 5 hours 9 min ago

Samsung Vies for Spotlight Ahead of iPhone Launch

Fri, 08/03/2012 - 7:35am
Samsung, the world's largest mobile-phone maker, said Friday it plans to show a new mobile device in late August, trying to stay in the consumer spotlight ahead of Apple's expected release of the latest iPhone in September.

Procter & Gamble Posts Profit, Plans Buybacks

Fri, 08/03/2012 - 7:35am
Procter & Gamble posted a drop in quarterly sales, just weeks after the world's largest household products maker took the blame for its disappointing performance.

Smartphone Maker HTC Posts 58% Profit Drop

Fri, 08/03/2012 - 7:35am
Taiwan smartphone maker HTC reported Friday a 58 percent drop in second quarter profit year-on-year, its third consecutive quarterly decline as intensifying competition from Apple and Samsung.

Ford, Late in China, Sees New Buyers Making Laggard a Leader

Fri, 08/03/2012 - 6:25am
Joe Hinrichs, Ford's top executive in Asia, has a solution for the carmaker's minnow status in China: cheap cars in backwaters.

Zuckerberg Falls From Tech's Richest as Facebook Falters

Fri, 08/03/2012 - 6:25am
Facebook co-founder Mark Zuckerberg is no longer among the world's 10 richest technology billionaires after the 28-year-old's fortune dropped by $423 million.

Apple Requests Sanction for Samsung

Fri, 08/03/2012 - 6:25am
Apple asked a federal judge to sanction Samsung and an attorney for releasing disputed evidence to the media.

Spain's Borrowing Costs Soar on ECB Warning

Fri, 08/03/2012 - 6:25am
Spain's borrowing costs increased as investors showed their disappointment with the ECB's warning that it would only help the country if it applied for rescue aid.

Futures Signal Higher Wall Street Open

Fri, 08/03/2012 - 6:25am
Stock index futures pointed to a higher open on Wall Street on Friday after losses in the previous session.

Euro-Zone PMI Signals Further Contraction in July

Fri, 08/03/2012 - 6:25am
Private sector activity in the 17-nation euro zone continued to contract at a rapid pace in July, the Markit composite purchasing managers' index indicated.

Weak U.S. Hiring Expected for Fourth Straight Month

Fri, 08/03/2012 - 6:25am
U.S. hiring was likely sluggish in July for a fourth straight month, held back by slower economic growth and an uncertain outlook.

China Landlords Push Urban Rents Higher

Fri, 08/03/2012 - 6:25am
Tenants in Beijing, Shenzhen and other Chinese cities are paying a heavy price for a missing element in government policy.

How an Act of Congress Killed Off the U.S. Gold Market

Fri, 08/03/2012 - 6:25am
When President Abraham Lincoln acted in December 1861 to suspend the national gold standard --- the legal right to convert paper money into gold coin -- he wasn't trying to start a fight.

Swiss seek U.S. tax deal by year-end, but not at any price: paper

Fri, 08/03/2012 - 3:45am
The Swiss government still wants to settle a long-simmering dispute with U.S. justice officials over undeclared funds stowed in Swiss offshore funds by year-end, though not "at any price," Switzerland's ...

JPMorgan's "London Whale" was prodded to boost valuations: WSJ

Fri, 08/03/2012 - 3:45am
JPMorgan Chase concluded that a trader nicknamed "London whale" was urged by his boss to put higher values on some positions than they might have fetched in the open market at the time, the Wall ...

Shares, euro fall as ECB delays action

Fri, 08/03/2012 - 2:40am
Asian shares and the euro fell on Friday as investors shunned risk after the European Central Bank took no immediate action and only hinted at future steps to tackle the euro zone's fiscal woes, following ...

Jobs seen weak in July, may help push Fed to act

Fri, 08/03/2012 - 1:15am
U.S. employment probably only inched up in July as the economy struggled to regain momentum, strengthening expectations of additional monetary stimulus from the Federal Reserve. Nonfarm payrolls likely ...

ECB signals may buy euro zone bonds

Fri, 08/03/2012 - 1:15am
The European Central Bank indicated on Thursday it may again start buying government bonds to reduce crippling Spanish and Italian borrowing costs but the conditions it set and the dissenting voice of ...

Analysis: Knight trading loss shows cracks in equity markets

Thu, 08/02/2012 - 11:00pm
The software glitch that cost Knight Capital Group $440 million in just 45 minutes reveals the deep fault lines in stock markets that are increasingly dominated by sophisticated high-speed trading systems. ...

Apple seeks severe punishment for Samsung lawyer's actions

Thu, 08/02/2012 - 11:00pm
Apple Inc asked a U.S. judge on Thursday to punish Samsung Electronics Co Ltd for a Samsung attorney's conduct by ordering that the South Korean company has infringed Apple's phone design patents, according ...

Renault to boost Brazilian motor output, wary of costs

Thu, 08/02/2012 - 11:00pm
French automaker Renault SA said it plans to expand the capacity of its Brazilian motor plant by 25 percent by 2013, extending a string of recent investments despite concerns about rising costs in Latin ...

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