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Posted: January 31st, 2008, 11:43pm EST
Higher costs in China could spell the end of an era of ultra-cheap goods, as well as the beginning of China’s rise from the lowest rungs of global manufacturing.
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Posted: January 31st, 2008, 11:43pm EST
Half a million American children take classes online, and many are attending virtual public schools that are competing with local districts for public funding.
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Posted: January 31st, 2008, 11:40pm EST
Although the United States is seemingly heading toward a recession, OPEC may soon have to cut its output to offset a seasonal demand slowdown in the spring.
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Posted: January 31st, 2008, 11:39pm EST
As numerous European banks assess whether to make a bid for Société Générale, regulators in Brussels warned France against any effort to thwart open competition.
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Posted: January 31st, 2008, 11:37pm EST
Questions are growing about whether law firms that helped investment banks bundle home loans into securities adequately disclosed the risks to investors.
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Posted: January 31st, 2008, 11:35pm EST
On Thursday Google reported a 17 percent jump in profit and a 51 percent growth in revenue in the fourth quarter, falling shy of Wall Street’s expectations.
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Posted: January 31st, 2008, 11:31pm EST
The worse the news got, the better the stocks performed.
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Posted: January 31st, 2008, 11:26pm EST
Seeking to reassure those nervous about foreign takeovers, the head of China’s government investment fund said Thursday that China would invest mostly in portfolios.
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Posted: January 31st, 2008, 11:21pm EST
Battered by a downturn in the housing market, the company is laying off about 10% of its workforce at its headquarters in Atlanta.
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Posted: January 31st, 2008, 11:21pm EST
Russia has split its oil proceeds into two funds and has cleared the way for one to invest in foreign stocks and bonds, officials said. Actual investments are not expected to begin until next fall.
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Posted: January 31st, 2008, 11:18pm EST
Senate Republicans plan to block a $157 billion economic stimulus package championed by Senate Democrats, who said they have no choice but to adopt a cheaper plan already approved by the House.
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Posted: January 31st, 2008, 11:18pm EST
This year at the biggest conference in television syndication, the hottest topic was syndicated online content.
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Posted: January 31st, 2008, 11:17pm EST
Solar power is booming in California, the product of billions of dollars in investment and mountains of enthusiasm.
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Posted: January 31st, 2008, 11:17pm EST
Wall Street was sharply higher as investors shrugged off concerns about problems in the bond insurance industry.
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Posted: January 31st, 2008, 11:15pm EST
The New York Times Company reported a fourth-quarter profit of $53 million as revenue dropped, but it continued to fare better than most of its peers across the troubled newspaper industry.
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Posted: January 31st, 2008, 11:15pm EST
The video game maker largely met Wall Street’s forecasts, despite posting a quarterly loss because of reorganization charges and deferred revenue.
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Posted: January 31st, 2008, 11:15pm EST
Motorola said Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable.
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Posted: January 31st, 2008, 11:15pm EST
Prosecutors say that Pirate Bay, a file-sharing Web site, helps others violate copyright laws by linking providers of pirated songs and films with people searching for the same material.
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Posted: January 31st, 2008, 11:13pm EST
Amazon.com, which has been rapidly adding digital downloads to its vast Web store, will bolster those offerings with Audible, the largest online seller of audiobooks.
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Posted: January 31st, 2008, 10:15pm EST
Consumer spending slowed in December and inflation continued to rise, leaving the Federal Reserve less maneuvering room as it ponders policy decisions.
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Posted: January 31st, 2008, 10:02pm EST
Sony said its profit rose in the final three months of 2007, aided by robust sales of televisions and computer games.
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Posted: January 31st, 2008, 10:02pm EST
Net income for the world’s No. 2 hamburger chain rose to $49 million as the stalwart Whopper, the new Homestyle Melt and promotions lifted global sales at stores open at least a year.
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Posted: January 31st, 2008, 10:02pm EST
Europe’s largest oil company reported Thursday that fourth-quarter profit rose 60 percent because of the sale of some assets and higher oil prices.
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Posted: January 31st, 2008, 10:02pm EST
Harry and Billy Macklowe, the father-and-son team of real estate developers, have come under intense financial pressure with the near collapse of the credit markets.
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Posted: January 31st, 2008, 9:32pm EST
Terry S. Semel, the ex-chief executive who is credited with reviving Yahoo and then losing touch, is leaving the company’s board.
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Posted: January 31st, 2008, 9:17pm EST
Under attack from critics who describe the company as effectively insolvent, MBIA presented a spirited defense in a four-hour conference call with investors and analysts Thursday.
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Posted: January 31st, 2008, 8:57pm EST
CA Inc. reported Thursday that quarterly profit ballooned as it cut expenses and the weak dollar helped bolster revenue from overseas operations.
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Posted: January 31st, 2008, 8:50pm EST
The two makers of household and personal care products both reported higher quarterly profits on Thursday, relying on sales in emerging markets as the United States economy slowed.
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Posted: January 31st, 2008, 8:41pm EST
The increase highlighted the difficult task facing the European Central Bank as it seeks to enforce price stability in the face of slowing economic growth.
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Posted: January 31st, 2008, 8:40pm EST
A resurgence in sales helped push the brewer’s profit to $214 million in the fourth quarter.
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Posted: January 31st, 2008, 7:25pm EST
AstraZeneca reported a 12.5 percent drop in profit and Bristol-Myers Squibb posted a loss, albeit a narrower one.
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Posted: January 31st, 2008, 6:56pm EST
ATLANTA (Reuters) — The consumer products maker Newell Rubbermaid cut its 2008 sales forecast on Thursday, saying it did not expect economic conditions in North America to improve, and its shares fell.
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Posted: January 31st, 2008, 1:27pm EST
After an H.P. employee was raped and killed by a driver the company employed, India’s highest court may force international firms to do more to guard local workers’ safety.