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US stock index futures slightly advanced before GDP, jobless claims

August 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 more

Verizon offers $130 billion to buy out Vodafone

August 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 more

Sony’s fresh innovation supplies Apple, Samsung phones

August 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 more

US stocks advanced amid Syria concern

August 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 more

Amazon persuades developers to put ads in mobile applications

August 28, 2013 8:53 am
Amazon is boosting its presence on mobile apps by offering developers incentives to implement advertisements for its products in their applications, as online shopping via smartphones booms. Under a program announced on Tuesday, app owners can earn a commission fee of up to 6% from Amazon when users buy a product that they have promoted […] Read more

Nissan to produce a self-driving car by 2020

August 28, 2013 7:33 am
Nissan has took the challenge to launch a car that can drive itself by 2020, provoking a host of car-making rivals and industry newcomers such as Google. The commitment thrusts the Japanese car-maker to the front of a congested race to bring the technology to roads, but will require it to navigate regulatory and legal […] Read more

US stocks sharply declined amid escalating tension in Syria

August 28, 2013 6:53 am
Stocks dropped, with blue chip stocks falling to two-month lows, as investors fretted over escalating tensions in Syria. While much of the attention among traders Tuesday was focused on Syria, the sell-off extends a decline from recent weeks blamed on expectations that the Federal Reserve will decide in September to scale back its economic stimulus […] Read more

US stocks sank amid possible military intervention in Syria

August 27, 2013 2:07 pm
U.S. stocks fell, with the Standard & Poor’s 500 Index sliding for a second day, as tension grew over possible military action in Syria and consumer confidence index beating expectations. The S&P 500 slid 0.4% to 1,644.08 at 9:55 a.m. in New York. The Dow Jones Industrial Average dropped 93.74, or 0.6%, to 14,852.72, headed […] Read more

US stock index futures retreat before consumer confidence data

August 27, 2013 11:01 am
U.S. stock index futures declined, sending strong signal the Standard & Poor’s 500 Index will drop for a second day, as investors awaited data that may show consumer confidence retreated from high levels and tension grew over possible military action in Syria. Futures on the S&P 500 expiring in September retreated 0.6% to 1,644.9 at […] Read more