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Wednesday, June 11, 2014
U.S. wholesale businesses built up their stockpiles of goods in April, a sign that companies expect stronger economic growth in the coming months.
Microsoft, Sony battle for hearts of video game fans
Microsoft and Sony grappled on Monday for the hearts of hard-core gamers whose devotion could determine whether Xbox One or PlayStation 4 rule console play and Internet Age entertainment.
The Detroit Institute of Arts (DIA) said Monday that the three largest U.S. automakers have pledged US$26 million to save bankrupt Detroit's world-class collection of art for the public.
Tuesday, June 10, 2014
With the launch of the Xbox One, PlayStation 4 and Wii U in the video game industry's rearview mirror, the spotlight at this week's Electronic Entertainment Expo (E3) in Los Angeles is expected to shift back to games. From online-only titles to virtual reality experiences, about 200 exhibitors will hype their latest software in hopes of becoming The Next Big Thing. A sampling:
Silicon Valley's interns enjoy perk-filled summer
Sitting in a kitchen stocked with free food, a handful of 20-something Google summer interns weigh their favorite perks, but where to begin? With bikes, buses, massages, swimming pools, dance classes, nap pods, parties and access to their tech heroes, it's a very long list.
U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists. Still, growth for the full year will likely come in lower than they previously estimated.
Saturday, June 7, 2014
U.S. employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
The top U.S. securities regulator Thursday announced plans to tighten oversight of high frequency trading and “dark pool” trading venues that disclose limited pricing information.
Friday, June 6, 2014
The U.S. economy is now growing all across the country, recovering at a “moderate” to “modest” pace after brutal winter weather, the Federal Reserve said in a report said Wednesday.
Thursday, June 5, 2014
The U.S. trade deficit jumped to a two-year high in April, as exports declined and imports surged to a record high.
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