BUSINESS: GOLDSEA

Subscribe for Free Updates

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Durable Goods Orders Fall 1% in June

Orders to U.S. factories for big-ticket manufactured goods fell broadly ...

Boeing Pofits Fall on Defense Spending Cuts

Boeing's second-quarter profit fell 21 percent, and it said layoffs ...

Jobless Rate Rises in 75% of Urban Areas

The unemployment rate in about three-quarters of the nation's largest ...

Sober Fed Assessment Dampens Wall Street Mood

Investors cashed in some of their recent gains Wednesday after ...

Japan Retail Sales Up 3.2% in June As Growth Slows

Japan's retail sales in June rose for the sixth straight ...

Amazon's Lighter, Cheaper Kindle Adds Wi-Fi Access

Jeff Bezos isn't just confident you'll want a Kindle e-book ...

World Stocks Up on Earnings, European Growth

World stock markets brushed aside a downbeat assessment of the ...

PepsiCo Revenues Soar on Overseas Growth

Foreign currency fluctuations pushed down PepsiCo Inc.'s second-quarter net income ...

$21 Bil. in Plane Orders Signals Airline Recovery

Airbus says that Hong Kong Airlines intends to buy $5.7 ...

Asia Stocks Rise, Europe Falls on Goldman Earnings

European stocks and Wall Street futures fell Tuesday after lower ...

LightSquared to Offer 4G Wireless Network Across US

U.S. consumers and businesses may get more options in wireless ...

BP Raises $7 Bil. with Asset Sale to Apache

BP PLC is moving quickly to secure the money it ...

World Markets Rise on Sweet Apple Earnings

Asian stock markets posted mild gains Wednesday after better-than-expected earnings ...

Airbus Takes Lead As Farnborough Hits $25 Bil.

Plane makers notched up more orders on the third day ...

Morgan Stanley Reports Big Income Jump

Morgan Stanley says its second-quarter net income jumped to $1.58 ...

Coca-Cola Net Income Surges on Global Thirst

Coca-Cola Co.'s second-quarter net income climbed 16 percent as the ...

Obama Signs Long-Debated Financial Overhaul Bill

Reveling over a new milestone in his presidency, a triumphant ...

Tiger Woods Endorsements Fall $22 Mil. in 2010

Tiger Woods' estimated endorsements for 2010 are worth $22 million ...

US Airways Posts Big Profit, AMR Cuts Loss

US Airways joined Delta and United in posting a big ...

Flipboard iPad App Makes Magazines from Links

Apple Inc.'s iPad has hatched a new breed of magazines, ...

Foxconn Hikes Prices to Cover Wage Increases

Foxconn Technology Group, which makes iPhones and other gadgets for ...

Hyundai Motor Profits Soar 71% to Record

Hyundai Motor Co.'s second-quarter net profit soared 71 percent to ...

Nokia Earnings Fall 40% on Flat Sales

Nokia Corp. said Thursday that second-quarter net profit fell 40 ...

GM to Pay $3.5 Bil. for Finance Company

General Motors Co. will buy AmeriCredit Corp. for $3.5 billion, ...

Jobless Claims Jump by 37,000

Seasonal factors boosted new requests for unemployment benefits last week ...

Existing Home Sales Fall 5.1%, Prices Rise

Sales of previously occupied homes fell in June and are ...

AT&T Earnings Up 26% on Wireless Growth

AT&T Inc. said Thursday that its earnings rose 26 percent ...

Mortgage Rates Hit New Record Low

Mortgage rates fell to a new record low for the ...

Caterpillar Earnings Double on Strong Overseas Sales

Caterpillar's second-quarter earnings shot up 91 percent with the heavy ...

Dell Pays $100 Mil. to Settle SEC Suit

Computer maker Dell Inc. is paying $100 million to settle ...

Wipro Reports 31% Profit Surge on Global Demand

Indian software services firm Wipro Ltd. said quarterly profit jumped ...

Japanese Giants, Taiwan to Develop WiMax for China

Three big Japanese corporations may join Taiwan in developing cutting-edge ...

India Unveils $35 Tablet Using Memory Card

It looks like an iPad, only it's 1/14th the cost: ...

McDonald's Net Income Up 12% on Global Sales Rise

McDonald's says its net income climbed 12 percent in the ...

World Stocks Rise on Growing Recovery Confidence

World stock markets mostly rose Friday after another batch of ...

Ford Posts 5th Straight Quarterly Profit

Ford Motor Co. posted its fifth straight quarterly profit on ...

Washington Post Profits Surge on Education Growth

The Washington Post Co. is reporting a surge in second-quarter ...

Toyota Posts $2.2 Bil. Profit As Global Sales Recover

Toyota reported a quarterly profit of $2.2 billion, reversing from ...

Asia Mixed, Europe Falls on U.S. Recovery Data

World stocks mostly fell Wednesday after more disappointing economic news ...

AOL Posts $1 Bil. Loss of Writedowns, Lower Sales

Internet company AOL Inc. said Wednesday a $1.4 billion accounting ...

Time Warner Profits Rise on Ad Rebound, Box Office

A rebound in advertising markets and strong box office results ...

Private Sector Hiring, Service Growth Boost Stocks

Stocks climbed Wednesday after key reports on private sector hiring ...

Toyota Prius Tops Japan Sales for 15th Straight Month

Toyota's Prius topped Japan sales rankings in July for the ...

Rio Tinto Profits Treble on China Iron Ore Demand

Mining giant Rio Tinto said first-half profit more than tripled ...

Unilever Predicts Tough Times, Reports Q2 Growth

Unilever NV on Thursday reported a 39 percent rise in ...

Euro Continues Rising on Greek Progress

The euro gained ground against the dollar on Thursday as ...

New Jobless Claims Rise to 479,000

Initial requests for jobless benefits rose last week to their ...

Retailers Report Mostly Modest Gains in July

Deep discounts on summer leftovers and hot weather drove shoppers ...

Cable, Satellite TV Thrives on Robust Demand

Consumers are feeling more confident about spending on small luxuries ...

Hiring Slows Leaving Jobless Rate Unchanged

Companies showed a lack of confidence about hiring for a ...