Thu, 24 Mar 2011 13:04:25 EDTNEW YORK -- Weak demand for pricey flat-screen TVs and notebook computers helped push Best Buy Co.'s fourth-quarter net income down 16 percent.
Mon, 21 Mar 2011 18:12:44 EDT-- --- Home sales fell 9.6 pct. in February WASHINGTON (AP) - Fewer Americans bought previously occupied homes in February and those who did purchased them at steep discounts. The weak sales and rise in foreclosures pushed home prices down to their lowest level in nearly nine years.
Mon, 21 Mar 2011 15:00:02 EDTAnthony Lanier built an assembly line of engineers, architects, historical preservation specialists, zoning lawyers and construction firms who could pump out renovated buildings one after another.
Sun, 20 Mar 2011 04:28:49 EDT-- Economic aftershocks of the devastation in Japan are rolling through Asia. It is here, among Japan's neighbors, that the reverberations of the catastrophe are being felt hardest.
Sat, 19 Mar 2011 00:06:00 EDTThe Securities and Exchange Commission accused IBM on Friday of bribing government officials in South Korea with cash payments and free computers.
Fri, 18 Mar 2011 18:08:48 EDTSAN FRANCISCO -- IBM Corp. has agreed to pay $10 million to settle allegations that it bribed South Korean and Chinese government officials for more than a decade to win contracts.
Fri, 18 Mar 2011 18:01:17 EDT-- --- Investors cheer dividend increases at large banks
Thu, 17 Mar 2011 21:42:00 EDTLOS ANGELES -- The U.S. government and scientists insist that there's no threat of radiation from Japan endangering people on the West Coast - but that hasn't stopped roughly 1,000 worried Californians from flooding a state hotline.
Tue, 15 Mar 2011 19:01:44 EDT-- Japan's earthquake and nuclear crisis have put pressure on the already fragile global economy, squeezed supplies of goods from computer chips to auto parts and raised fears of higher interest rates.
Tue, 15 Mar 2011 12:41:01 EDTGeneral Electric Co., which is in talks to sell reactors to India, fell 2.5 percent. Alcoa Inc. and Anadarko Petroleum Corp. slumped at least 1.4 percent as commodity prices fell amid speculation demand will slow. Intel Corp. dropped 3.1 percent after Nomura Holdings Inc. cut its recommendation for...
Mon, 14 Mar 2011 16:18:02 EDTThe Standard & Poor's 500 Index fell 0.6 percent to 1,296.39 at 4 p.m. in New York, paring a drop of as much as 1.4 percent as energy shares rebounded. The Nikkei 225 Stock Average plunged 6.2 percent, with about $285 billion in equity value erased from the Japanese market. Ten-year Treasury...
Sun, 13 Mar 2011 22:56:01 EDTSpringfield-based USA Mobility saw its subscribers dwindle from 6 million in 2004 to 1.9 million at the end of last year as the expansion of text messaging and smartphone use continued to rattle its paging business. In many ways, it was a living relic of a bygone era in telecommunications.
Wed, 09 Mar 2011 18:38:03 ESTWASHINGTON -- The United States will lead efforts for economic cooperation and lifting trade barriers in the Asia-Pacific region, Secretary of State Hillary Rodham Clinton said Wednesday.
Wed, 09 Mar 2011 16:53:38 ESTWASHINGTON -- The fighting in Libya has disrupted a sensitive U.S. government program to keep about 700 former nuclear and chemical weapons experts busy on civilian projects in the medical and petroleum industries there and prevent them from selling their dangerous knowledge in other countries, The...
Sun, 06 Mar 2011 19:42:00 ESTAlthough much of K Street spends its time plying the halls of Congress on behalf of well-heeled clients, there is a growing dark side to Washington's lobbying and public-relations industry: figuring out new ways to undermine and sabotage opponents.
Tue, 01 Mar 2011 10:04:01 ESTThe California nonprofit organization that operates the Internet's levers has always been a target for such global heavies as Russia and China that prefer the United Nations to be in charge of the Web. But these days, the Internet Corporation for Assigned Names and Numbers is fending off attacks ...
Sat, 26 Feb 2011 17:06:03 ESTOn a late-night work binge with snow blowing outside their downtown Chicago office, software engineers Matt Maloney and Mike Evans wanted nosh delivered. A stack of grease-stained to-go menus left them uninspired.
Fri, 25 Feb 2011 04:13:57 ESTBERLIN -- Deutsche Telekom AG lost euro582 million ($802 million) in the fourth quarter as writedowns on its Greek and Romanian operations and a special tax in Hungary weighed on earnings, the company said Friday.
Sun, 20 Feb 2011 00:00:00 ESTWe take a look at eight big problems facing higher education and, aided by some of its greatest minds, offer up some big ideas to help solve them -- from standards and core curriculum to the end of merit aid and limits of college sports subsidies.
Sat, 19 Feb 2011 16:46:05 ESTIn a hard-knuckled, free-market economy built on competition, the most successful Internet companies put a high stake in another value: cooperation.
Sat, 12 Feb 2011 15:13:03 ESTAt about 2 a.m. on a November night, a former hedge fund manager named Donald Longueuil allegedly left his apartment in Manhattan with fragments of chopped-up hard drives tucked in his jacket. He walked through the darkened city tossing the pieces in the backs of garbage trucks - four of them, to...
Sat, 12 Feb 2011 15:00:00 ESTThe Obama administration outlined its plan to phase out government support of the U.S. housing finance system - and wind down Fannie Mae and Freddie Mac.ÃÂ¶ The plan - a sharp change of course after a decades-long campaign to extend homeownership to more Americans - would shift more of the burden to...
Thu, 03 Feb 2011 00:00:00 ESTOnce-dominant Internet company AOL underwent major changes in 2010 as a largely new leadership team shed jobs, sold off old assets and acquired new ones in an attempt to place greater emphasis on the company's advertising and media business. The upheaval was evident in its annual earnings.
Thu, 27 Jan 2011 07:22:00 ESTJan. 27 (Bloomberg) -- Nokia Oyj fell the most in seven months as it lowered its outlook for the first quarter, underscoring Chief Executive Officer Stephen Elop's challenge in the fight against Apple Inc.'s iPhone and Google Inc.'s Android.
Wed, 26 Jan 2011 00:33:00 EST
Mon, 10 Jan 2011 14:14:01 ESTTEHRAN - Iran's Intelligence Ministry has arrested a "network of spies and terrorists" allegedly connected to Israel and responsible for the assassination of a prominent scientist last year, the ministry said in a statement.
Fri, 07 Jan 2011 00:14:00 ESTThe following incidents were recently reported by the Fairfax County Police Department. For more information, call 703-246-2253.
Wed, 15 Dec 2010 23:48:02 ESTIndustrial production in the United States increased more than forecast last month and consumer prices slowed, indicating that the recovery is gaining momentum without generating inflation.
Thu, 09 Dec 2010 20:40:00 ESTA half-dozen federal agencies are looking into alleged abuses of small-business contracts, some of which involve Alaska native corporations (ANCs) that have received hundreds of millions of dollars in recent years under special set-aside rules.
Mon, 29 Nov 2010 18:39:01 ESTA federal lawsuit filed Monday alleges that Dow Chemical, Sasol North America and their contractors waged a two-year campaign of illegal corporate espionage against the environmental group Greenpeace and its allies.