posted: 04/20/2014 2:34 a.m.
As China’s growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient, low-cost producer is no longer enough to prosper.
posted: 04/18/2014 1:49 a.m.
A batch of U.S. company earnings drove stocks mostly higher Thursday.
posted: 04/17/2014 3:19 a.m.
China’s economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses.
posted: 04/17/2014 3:15 a.m.
IBM’s first-quarter earnings fell and revenue came in below Wall Street’s expectations as amid ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets.
posted: 04/17/2014 3:14 a.m.
The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application.
posted: 04/17/2014 3:12 a.m.
Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data.
posted: 04/17/2014 3:11 a.m.
QUOTE OF THE DAY “We know GM designed two different plungers and springs. They made an affirmative decision to use the cheaper one.” Joan Claybrook, former head of the National Highway Traffic Safety Administration
posted: 04/16/2014 3:26 a.m.
The Little Rock Municipal Airport Commission on Tuesday approved spending $6,000 to send its executive director, Ron Mathieu, to the Farnborough International Air Show in England in July to market the old Hawker Beechcraft facility.
posted: 04/16/2014 3:24 a.m.
Coca-Cola, the world’s biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years.
posted: 04/16/2014 3:16 a.m.
QUOTE OF THE DAY “The more requirements you put on the highly regulated banks, the greater is the incentive to find ways around the tougher rules.” Bert Ely, independent banking consultant
posted: 04/15/2014 2:34 a.m.
QUOTE OF THE DAY “Despite a quarter that was difficult for our company, we delivered strong results.” Michael L. Corbat, Citigroup’s chief executive officer
posted: 04/12/2014 2:21 a.m.
QUOTE OF THE DAY “The confidence that we had going into 2014 got pushed back a couple months, but now we’re going to see it blossom in the spring.” Jay Morelock, an economist at FTN Financial in New York, on a report Friday that consumer confidence is on the upswing after a tough winter
posted: 04/11/2014 2:09 a.m.
WASHINGTON — The head of the International Monetary Fund said Thursday the global economy is finally turning the corner after a deep recession, but the recovery remains too weak.
posted: 04/10/2014 5:17 a.m.
Toyota Motor Corp. is recalling nearly 1.8 million vehicles in the U.S. for various safety problems, including air bags that may fail to deploy.
posted: 04/10/2014 3:16 a.m.
Greece announced Wednesday that it was returning to international bond markets for the first time in four years amid growing signs of confidence in the country at the forefront of Europe’s debt crisis.