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Sony posted its fourth consecutive quarter of losses Friday, hurt by a strong Japanese yen and sluggish sales. But an aggressive cost-cutting drive and brightening outlook for the global economy encouraged the maker of PlayStation game consoles to trim...
GlaxoSmithKline Plc said third- quarter profit rose 30 percent after currency gains boosted revenue. Vaccine sales declined because of a “phasing” of shipments including swine flu shots.
The tech sector slid early Wednesday as shares of Advanced Micro Devices fell at the opening bell on reports that its former chief executive may have played a role in the Galleon insider-trading case.
The Food and Drug Administration delayed its approval decision on Amgen Inc.’s (AMGN) osteoporosis treatment denosumab, as it seeks more information from the drug maker.
It is unclear how long it will tak...
By Douglass K. Daniel
WASHINGTON (AP) – President Barack Obama and a top House Republican acknowledged in holiday messages Thursday the economic struggles facing Americans this Thanksgiving but offered starkly different recipes for relief.
AP –...
BEIJING (AP) – China says it is aiming for a big boost in energy efficiency by cutting carbon dioxide emissions per unit of gross domestic product by up to 45 percent by 2020.
The announcement from the State Council, or Cabinet, comes ahead of next...
The Energy Report – Over the years things like hybrid vehicles have gone from kooky concept to a common day commuter. Victor Goncalves of The Green Money Report examines how the growth of hybrid vehicles on the road will affect the rare earth market....
By Pan Pylas
LONDON (AP) – World stock markets fell sharply Thursday as investors fretted over the debt problems at Dubai World, a government investment company, and the continued fall in the dollar.
Markets are usually relatively quiet when Wall...
(Bloomberg) – Tiffany & Co., the world’s second- largest luxury-jewelry retailer, reported third-quarter profit that topped analysts’ estimates and boosted its full-year forecast as revenue grew in Asia and Europe. The shares gained.
Net income...