November 19, 2013 12:13 pm
U.S. stock-index futures remain little changed, as investors focus on retail sales and consumer prices reports due on Wednesday to asses the strength of the world’s largest economy and to fin out when the Federal Reserve may begin tapering. Futures on the Standard & Poor’s 500 expiring in December retreated 0.1% to 1,786.30 at 11:40 […]
Read moreNovember 19, 2013 10:09 am
Mercedez-Benz announced a shift of China operations last December as a part of companys strategy to improve sales. The reorganization has included naming a new China chief who sits on the management board, adding dozens of dealerships, opening an engine factory in the country and merging competing sales organizations. “Mercedes is on the right track […]
Read moreNovember 19, 2013 8:34 am
Google Inc. is opening showrooms in six U.S. cities, in order to promote its latest products and stepping up retail efforts against Apple Inc. and Microsoft Corp. as the year-end holiday shopping season has already started. The showrooms will open in New York, Washington, Chicago, Los Angeles, Sacramento, and Paramus, NJ. The project is named […]
Read moreNovember 19, 2013 7:42 am
US stocks fell after the Dow Jones Industrial Average reached above 16,000 for the first time in first hours of trade yesterday, raising concern that equities have risen faster than economy could sustain. The Standard & Poor’s 500 Index declined 0.4% to 1,791.53 at 4 p.m. in New York. Earlier, the benchmark index topped 1,800. […]
Read moreNovember 18, 2013 1:47 pm
Apple is believed to be in a process of acquiring PrimeSense, an Israeli semiconductor company, for $345 million according to the Israeli newspaper Calcalist. It claims Apple has finalized the acquisition, with plans for an announcement within the next two weeks. Primesense worked with Microsoft to include its technology, chips, and designs inside the first […]
Read moreNovember 18, 2013 12:43 pm
US stock-index futures rose, signaling indexes would expand record heights after posting six weeks of gains, as investors focus on this weeks data on manufacturing, retail sales and consumer prices to assess the strength of the economy. Futures on the Standard & Poor’s 500 expiring in December gained 0.2% to 1,796.8 at 12:22 p.m. in […]
Read moreNovember 18, 2013 9:28 am
Boeing Co. and Airbus SAS executives took part in the Dubai Air Show for business along with the three largest Middle East airlines on the first day. The two aircraft giants succeeded in breaking records in the process. Boeing secured $101.5 billion in transactions for its biggest-ever deal by value, while Airbus pulled in its […]
Read moreNovember 18, 2013 7:58 am
Sony is getting a head start in the console “war” for the attention of game players with Microsoft, which is releasing the Xbox One later this week. The Tokyo-based electronics maker has priced its console at $399, or $100 less than the Microsoft machine, as it seeks to penetrate North American markets in the Christmas shopping […]
Read moreNovember 17, 2013 2:15 pm
Google and Hewlett-Packard are halting sales of their recently released Chromebook 11 computer after several users reports saying the device’s charger has been overheating. The precautionary measure announced this week comes 5 weeks after Google and Hewlett-Packard unveiled the Chromebook 11 as a budget-friendly alternative to laptop computers with similar features. The Chromebook has a […]
Read moreNovember 16, 2013 6:47 pm
US stocks advanced on Friday, as benchmark indexes extended its records, wrapping up sixth week of gains, as investors assessed data on factory output along with Yellens comments on the Feds monthly stimulus. The Standard & Poor’s 500 Index rose 0.4% to 1,798.18 at 4 p.m. in New York. The benchmark index added 1.6% in […]
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