August 30, 2013 12:01 pm
US stock index futures opened higher today ahead of couple of economic releases that include consumer spending and Chicago-area manufacturing data. Futures for the Dow Jones Industrial Average inched 48 point higher, or 0.18% to 14,865. Those for the S&P 500 index added 1.8 points, or 0.1% to 1,638.20, whole futures for the Nasdaq 100 […]
Read moreAugust 30, 2013 8:41 am
Low wage paid workers at fast-food restaurants are staging protests to demand a pay hike of as much as 100% to $15 an hour in order to help them get in the middle class. “McDonald’s made $5.5 billion in profits,” one labor leader told Yahoo Finance. “There’s plenty of money to pay the workers who […]
Read moreAugust 30, 2013 7:25 am
Earlier this week Nissan said company bets on creating a fully self-driven car which would only require for its passenger to lock the seat belt and enjoy the ride, by 2020. Mercedes a brand owned by Daimler is already implementing some of the technologies easing drivers parking, bumper to bumper traffic, or taking a maneuver […]
Read moreAugust 30, 2013 6:43 am
US stocks rose, sending the Standard & Poor’s 500 Index higher for a second day, as data showed the economy expanded at a faster pace in the second quarter and concerns over Syria eased temporarily. The S&P 500 rose 0.2% to 1,638.17 at 4 p.m. in New York, paring an earlier advance of as much […]
Read moreAugust 29, 2013 1:06 pm
Google has lost a top executive from its Android management team to fast-rising Chinese smartphone maker Xiaomi, less than six months after the head of the US company’s mobile platform stepped down. The appointment signals Xiaomi’s intention to take on Apple and Samsung Electronics Inc. overseas after building market share by selling handsets priced at […]
Read moreAugust 29, 2013 11:11 am
US stock-index futures were little changed as investors awaited data on gross domestic product and jobless-benefit claims as Syria tensions continue. President Barack Obama made the case on Wednesday for a limited military strike against Syria in response to last weeks chemical weapons attack even as he faced new obstacles with British allies and U.S. […]
Read moreAugust 29, 2013 8:22 am
Verizon Communications Inc. is in advanced talks to acquire Vodafone Group’s 45% stake in their U.S. wireless venture for about $130 billion, according to people with knowledge of the matter. Verizon is working with several banks to raise $10 billion from each, or enough to finance about $60 billion of a buyout of Verizon Wireless, […]
Read moreAugust 29, 2013 7:33 am
Sony’s latest star performer is a chip found in almost every high-end camera and smartphone. Apple’s iPhones 5 and 4S use the chip and so do Samsung’s flagship Galaxy S4 and LG’s G2, according to researchers. The company grabbed almost a third of the $7.6 billion market for low-power sensors that record crisp snapshots. Sony […]
Read moreAugust 29, 2013 6:45 am
US stocks gained, with the Standard & Poor’s 500 Index rebounding from an eight-week low, as energy shares rallied and investors watched developments on Syria. The S&P 500 rose 0.3% to 1,634.96 at 4 p.m. in New York. The index closed just short of its average level for the past 100 days of 1,638.27, after […]
Read moreAugust 28, 2013 11:22 am
U.S. stock index futures were little changed, signaling the Standard & Poor’s 500 Index will remain near an eight-week low following a significant drop from yesterdays trading session, as investors awaited data on pending home sales. Standard & Poors 500 futures expiring in September gained less than 0.1% to 1,629.3 at 10:56 a.m. in London, […]
Read more
