Thursday, April 11, 2013
The nation's largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis.1 Comment
U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to boost domestic consumption, underlining a divergence of views between Washington and Europe's economic powerhouse Germany on austerity policies.
Hundreds of workers at the biggest German-based site of online retailer Amazon demonstrated on Tuesday, according to a trade union which plans strike action over better working conditions.
A jury found Exxon Mobil liable Tuesday in a long-running lawsuit over groundwater contamination by the gasoline additive MTBE, and ordered the oil giant to pay US$236 million to New Hampshire to clean it up.
The maker of the BlackBerry phone said Tuesday that a modern smartphone with a physical keyboard will be available in Canada in the coming weeks as major wireless companies started taking advance orders.
Microsoft is skewering Google again with ads and regulatory bashing that say as much about the dramatic shift in the technology industry's competitive landscape as they do about the animosity between the two rivals.
Wednesday, April 10, 2013
The Federal Reserve's annual “stress tests” of major U.S. banks have become better able to detect risks, Chairman Ben Bernanke said Monday night. He said the tests show that the banking industry has grown much healthier since the financial crisis.
Monday, April 8, 2013
A trove of data obtained by a U.S.-based journalists' group that details thousands of offshore accounts reveals several instances of swindles and other financial crimes, The Washington Post newspaper reported Sunday.
A startup with a business model based on tiny antennas receiving over-the-air television for online viewing by subscribers has put the U.S. broadcast industry on the defensive.
Saturday, April 6, 2013
Stocks opened sharply lower on Wall Street after U.S. employers added the fewest jobs in nine months, falling short of economists' forecasts.