Business News
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China's March auto sales up 13.3 percent
Tweet Share on Facebook 7:28AM April 11, 2013 CommentBEIJING (AP) — China's auto sales in March rose 13.3 percent over a year earlier but Japanese automakers suffered more declines, an industry group reported Thursday.
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Goodbye fluorescent bulb? Philips says yes.
Tweet Share on Facebook 7:26AM April 11, 2013 CommentAMSTERDAM (AP) — If you've worked in an office, you're probably familiar with the soft glow of fluorescent tubes drifting from the ceiling. If Europe's Philips brand is right, those lamps could soon be history.
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Severe US flu season helped Roche's Q1 sales
Tweet Share on Facebook 7:05AM April 11, 2013 CommentGENEVA (AP) — Strong sales of new cancer drugs and a severe U.S. flu season helped lift first-quarter revenue at Swiss drugmaker Roche Holding AG by 6 percent.
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Wild, unregulated hacker currency gains following
Tweet Share on Facebook 6:50AM April 11, 2013 CommentLONDON (AP) — With $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink recently struck the kind of deal that's feeding the rise of a new kind of money — a virtual currency whose oscillations have pulled geeks and speculators alike through stomach-churning highs and lows.
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Bling patrol: Dubai's $550,000 squad car
Tweet Share on Facebook 3:48AM April 11, 2013 CommentDUBAI, United Arab Emirates (AP) — In a city of boundless bling, Dubai police also are in hot pursuit after adding a nearly $550,000 Lamborghini to its fleet.
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Tracking Obama's health law in budget isn't easy
Tweet Share on Facebook 3:46AM April 11, 2013 CommentWASHINGTON (AP) — Next year is the year President Barack Obama's signature health care law goes into high gear, covering millions of uninsured Americans by a mix of private plans and government programs infused with tens of billions of dollars in taxpayer money.
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RealtyTrac: US home repossessions fell in March
Tweet Share on Facebook 1:13AM April 11, 2013 CommentLOS ANGELES (AP) — The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation's foreclosure crisis is abating amid an improving housing market.
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PC outlook darkens as sales slump deepens in 1Q
Tweet Share on Facebook 12:04AM April 11, 2013 CommentSAN FRANCISCO (AP) — The ailing personal computer market is getting weaker, and it's starting to look as if it will never fully recover as a new generation of mobile devices reshapes the way people use technology.
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Asia stocks up as Wall Street climbs on tech gains
Tweet Share on Facebook 11:15PM April 10, 2013 CommentBANGKOK (AP) — Asian stock markets powered higher Thursday after a U.S. communications company posted a surprise jump in earnings that led to big gains in technology stocks and new highs on Wall Street.
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Broadcasters display mobile TV dongles at NAB Show
Tweet Share on Facebook 10:00PM April 10, 2013 CommentLAS VEGAS (AP) — The key weapon in TV broadcasters' fight with Internet video upstart Aereo is something inelegantly known as a dongle.
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Former Sands exec turns on Adelson in testimony
Tweet Share on Facebook 9:55PM April 10, 2013 CommentLAS VEGAS (AP) — Most fired employees can only dream about detailing their former boss's missteps and mistreatment in open court.
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Wild, unregulated hacker currency gains following
Tweet Share on Facebook 9:52PM April 10, 2013 CommentLONDON (AP) — With $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink recently struck the kind of deal that's feeding the rise of a new kind of money — a virtual currency whose oscillations have pulled geeks and speculators alike through stomach-churning highs and lows.
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PC outlook darkens as sales slump deepens in 1Q
Tweet Share on Facebook 9:32PM April 10, 2013 CommentSAN FRANCISCO (AP) — The ailing personal computer market is getting weaker, and it's starting to look as if it will never fully recover as a new generation of mobile devices reshapes the way people use technology.
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AP Source: Senate plan to stiffen border security
Tweet Share on Facebook 9:16PM April 10, 2013 CommentWASHINGTON (AP) — A bipartisan group of senators finalizing a landmark immigration bill has agreed to require greatly increased surveillance of the border and apprehensions of people trying to cross it, a person familiar with the proposals said Wednesday.
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Boost for background checks: Senators compromise
Tweet Share on Facebook 9:04PM April 10, 2013 CommentWASHINGTON (AP) — Conservative senators from both parties announced their support for expanding background checks for gun buyers Wednesday, giving a burst of momentum to advocates of stronger restrictions. But big questions remain about whether President Barack Obama can push significant gun controls through Congress.
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Barrick halts work on mine after Chile court rules
Tweet Share on Facebook 8:59PM April 10, 2013 CommentSANTIAGO, Chile (AP) — Barrick Gold Corp. suspended construction on its Pascua Lama mine Wednesday after a Chilean court ruled in favor of indigenous communities that say the world's highest-altitude gold mine threatens their water supply and pollutes glaciers.
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Bitcoin economics: A primer on a volatile currency
Tweet Share on Facebook 6:32PM April 10, 2013 CommentNEW YORK (AP) — Bitcoin, the virtual currency composed of digital bits, is based on cutting-edge mathematical schemes that guard against counterfeiting. But it's also based on an old idea, now dismissed by mainstream economists, about how a currency should operate — an idea that could be setting bitcoins up for an abrupt plunge.
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Stocks rise sharply, led by gains in technology
Tweet Share on Facebook 6:31PM April 10, 2013 CommentNEW YORK (AP) — Technology stocks roared back Wednesday, driving the Standard & Poor's 500 and Dow Jones industrial average to record highs.
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House committee approves pro-business cyber bill
Tweet Share on Facebook 6:27PM April 10, 2013 CommentWASHINGTON (AP) — A House panel voted overwhelmingly Wednesday in favor of a new data-sharing program that would give the federal government a broader role in helping banks, manufacturers and other businesses protect themselves against cyberattacks.
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Budget: cover uninsured, trim Medicare, tax cigs
Tweet Share on Facebook 6:20PM April 10, 2013 CommentWASHINGTON (AP) — President Barack Obama's new budget offers Medicare cuts to entice Republicans into tax negotiations, while plowing ahead to cover the uninsured next year under the health care law the GOP has bitterly fought to repeal.
