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US auto factories cutting back on summer downtime

Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks. 1 hour ago

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Archive by category ''Business

TECHNOLOGY

First Look: New Xbox elegant, but much unknown

Will gamers want One?

2 hours ago
BUSINESS

Bernanke testimony to be studied for policy clues

When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy.

2 hours ago
TECHNOLOGY

Apple case seen as possible spur to tax action

Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
BUSINESS

US auto factories cutting back on summer downtime

Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks.

2 hours ago
BUSINESS

Japan's trade deficit hits $8.6B due to weaker yen

Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs.
TECHNOLOGY

Senate panel approves immigration bill

Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly sidestepped a controversy over the rights of gay spouses.
TECHNOLOGY

The new consoles from Microsoft, Nintendo and Sony

Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony.
TECHNOLOGY

Microsoft touts Xbox One as all-in-1 entertainment

Microsoft thinks it has the one.
BUSINESS

JPMorgan's Dimon survives shareholder referendum

Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank...
BUSINESS

Best Buy reports 1Q loss on restructuring costs

Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.