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Business 18 Feb 2005 | 12:00 AM

US stocks sag as Greenspan hints at higher rates

Stocks stumbled Thursday as mixed economic news and further hints of higher interest rates from Federal Reserve Chairman Alan Greenspan kept buyers at bay.

Business 21 Jul 2005 | 12:00 AM

Intel profit up, but shares sag

Intel Corp, the world's largest maker of computer chips, has posted a 16% rise in net profit helped by notebook computer demand, but production constraints prevented the results from exceeding expectations, and shares fell 4%.

Business 20 Sep 2005 | 12:00 AM

Laser technology pioneer Gordon Gould dies

Gordon Gould, a pioneer in laser technology who coined the word laser'' and won a decades-long struggle to secure patent rights on the most commonly used type, has died at age 85.

Business 11 Mar 2007 | 12:00 AM

Colombia's finances show signs of fatigue ahead of Bush visit

BOGOTA, Colombia (AP): When U.S. President George W. Bush arrives in Colombia on Sunday he is likely to praise the economic model of President Alvaro Uribe, his staunchest ally in a region increasingly dominated by anti-American leaders.

Business 12 Apr 2008 | 12:00 AM

Hedge funds losing money but keeping clients

Hedge funds are losing money but that doesn't mean the US$1.8 trillion industry is losing customers - yet.

Business 28 Jun 2008 | 12:00 AM

US economic stimulus payments send after-tax incomes soaring

WASHINGTON (AP) - Millions of economic stimulus payments sent after-tax U.S. incomes surging in May by the largest amount since a similar recession-fighting effort by President Gerald Ford 33 years ago.

Business 17 Jul 2008 | 12:00 AM

Hollywood studios, actors still at impasse after private meeting

LOS ANGELES (AP) - Hollywood producers and the Screen Actors Guild failed to reach a contract agreement Wednesday after meeting privately for two hours. The sides have no further meetings planned.

Business 18 Jul 2008 | 12:00 AM

Consumer sentiment falls to all-time low, says MIER

Consumer sentiment has sunk to an all-time low over concerns surrounding domestic and global uncertainties.

Business 10 Jul 2009 | 12:00 AM

Asian markets sag Friday amid economic jitters

HONG KONG: Asian stocks continued to sag Friday as investors failed to get inspiration from U.S. corporate earnings and signs of deflation emerged in Japan.

Business 28 Apr 2010 | 12:00 AM

Rich Chinese driving growth of luxury auto market

BEIJING: The businessman climbed into the Rolls Royce Phantom with the gold-plated Spirit of Ecstasy hood ornament and sank his feet into wine-red carpet.