(posted 3 Hours Ago)
This is good.
Nonfarm payrolls only fell 54,000 way ahead of expectations. (The decline was due to Census layoffs, which were expected)
The private sector added 67K jobs. Analysts had been looking for a gain of 40K, and Goldman Sachs had p...
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(posted 2 Hours Ago)
The U.S. economy lost 54,000 jobs in August as census workers continued to exit payrolls, but the private sector added 67,000 jobs. The unemployment rate rose to 9.6%.
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(posted 19 Hours Ago)
An increasing number of Euroland news outlets are reporting an eye-watering set of prices for Samsung's Galaxy Tab . Although still unofficial and therefore not yet to be trusted, the values we're hearing are €699 ($890) in France and &eu...
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(posted 23 Hours Ago)
The U.S. Coast Guard said this morning that a natural gas and oil drilling platform exploded 80 miles off the coast of Louisiana. A Coast Guard spokesperson said the platform, Vermilion Oil Rig 360, is an oil and gas platform in 2,500 feet of wate...
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(posted 3 Hours Ago)
On Aug. 13, IBM and Unica Corporation announced they had entered into a definitive agreement for IBM to acquire Unica, a leading provider of marketing software solutions that focuses on streamlining marketing program development, execution and management to achieve improved marketing effectiveness.
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(posted 5 Hours Ago)
Confirming the recent rumours that have been flying around automotive circles, General Motors have released the first images and details of the 5-door Chevrolet Cruze hatchback. The show car will be officially unveiled at the 2010 Paris Motor Show.
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(posted 4 Hours Ago)
New Gulf rig fire, oil leak raises questions. After a fire broke out early yesterday on a Mariner Energy ( ME ) offshore platform in the Gulf of Mexico, the Coast Guard initially reported that a mile-long oil sheen was visib...
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(posted 4 Hours Ago)
LONDON (Reuters) - A new conundrum faces financial markets -- why, if the global economy is heading back into trouble, are companies on an M&A binge and big investors snapping up so much corporate debt?
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(posted 3 Hours Ago)
Ukraine is willing to give Russia joint control of a pipeline to southeastern Europe in exchange for access to natural gas supplies, Prime Minister Mykola Azarov said as the country’s negotiate a gas venture.
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(posted 1 Day Ago)
BERLIN (Reuters) - The world's second-largest cellphone maker, Samsung Electronics , has decided to use Google's Android as a key software platform for its smartphones alongside with its own new bada software, a company executive said.
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(posted 23 Hours Ago)
We just got to handle the Folio 100 , after witnessing it bolted to a wall earlier, and we have to admit that it's lighter and thinner than it looks at first glance. Unfortunately, it still feels pretty cheap, and we're not sure how much we ...
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(posted 1 Day Ago)
Burger King Holdings agreed to a $3.3 billion leveraged buyout by private-equity firm 3G Capital Management that proposes to reinvigorate the struggling hamburger chain by accelerating its international expansion.
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(posted 1 Day Ago)
WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system. "If the cri...
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(posted 12 Hours Ago)
MELBOURNE/TORONTO (Reuters) - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion hostile offer.
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(posted 1 Day Ago)
Ending months of speculation about whether AOL ( NYSE: AOL ) and Google ( NSDQ: GOOG ) can make a new search deal, the companies announced this...
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(posted 1 Day Ago)
AOL just announced it has made Google its exclusive search provider for paid text-based search and contextual advertising on AOL’s properties in the U.S through 2015.
Google will also provide "web-based organic search," mobile searc...
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(posted 20 Hours Ago)
Samsung may be one of the big players that Microsoft is pinning its hopes on for Windows Phone 7 , but you wouldn't know that from listening to the company at IFA. Speaking to Reuters at the show, Samsung's head of marketing for its mobile...
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(posted 1 Day Ago)
It looks like the bidding war for 3PAR could be over. Dell has just issued a release indicating that it will not increase its most recent $2 billion proposal to acquire 3PAR, and the company’s has ended acquisition talks for the data storag...
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(posted 22 Hours Ago)
While the financial problems of Europe's periphery 'PIIGS' economies (Portugal, Italy, Ireland, Greece, and Spain), has receded substantially from business headlines, this doesn't mean that their crisis i...
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(posted 1 Day Ago)
Loaning money to the financial-services giant would have meant 'billions of dollars in losses' for taxpayers, the Federal Reserve chairman tells a panel investigating the financial crisis. As a scholar of the Great Depression, Federal Reserve Chairm...
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August Jobs Report WAY Better Than Expected, As Private Sector Adds 67,000 Jobs
