Business- Can Chinese media rule the airwaves?
At a time when many Western media outlets are contracting, Chinese media outlets are expanding, rapidly.
- Fears grow over global food supply
Read full story for latest details.
- Obama mulls new economic measures
After a week mostly focused on Iraq and Mideast diplomacy, it's back to the economy for President Barack Obama, who will deliver remarks Friday on the August unemployment numbers.
- Stocks drift higher ahead of jobs report
Stocks pushed higher at the end of a listless session Thursday, extending gains from the previous day, as investors prepare for a critical report on the U.S. job market on Friday.
- Crowded web TV field awaits Apple
With Wednesday's announcement that it will be revamping its web TV offerings, Apple has made its most serious push into an emerging, and increasingly crowded, field.
- Afghan officials defend Kabul Bank
The Central Bank of Afghanistan has said it won't allow the country's biggest private financial institution to collapse in the wake of U.S. media allegations of corruption and heavy losses.
- Cap off BP's plugged well
Crews removed the cap from BP's ruptured Gulf of Mexico oil well late Thursday afternoon, a company spokeswoman said, an important step toward permanently sealing the well.
- Cuban offshore oil plans gain momentum
While the Gulf of Mexico oil spill has sparked debate in America on the merits of deepwater drilling, 90 miles away Cuba's offshore plans are quietly taking shape.
- Ferrari recalls supercars after fires
Ferrari has been forced to recall its latest supercar after reports that several had burst into flames.
- S. African unions reject government offer
South African union officials Thursday rejected an improved wage offer from the government as a public sector strike continues to cripple the country.
At a time when many Western media outlets are contracting, Chinese media outlets are expanding, rapidly.
Read full story for latest details.
After a week mostly focused on Iraq and Mideast diplomacy, it's back to the economy for President Barack Obama, who will deliver remarks Friday on the August unemployment numbers.
Stocks pushed higher at the end of a listless session Thursday, extending gains from the previous day, as investors prepare for a critical report on the U.S. job market on Friday.
With Wednesday's announcement that it will be revamping its web TV offerings, Apple has made its most serious push into an emerging, and increasingly crowded, field.
The Central Bank of Afghanistan has said it won't allow the country's biggest private financial institution to collapse in the wake of U.S. media allegations of corruption and heavy losses.
Crews removed the cap from BP's ruptured Gulf of Mexico oil well late Thursday afternoon, a company spokeswoman said, an important step toward permanently sealing the well.
While the Gulf of Mexico oil spill has sparked debate in America on the merits of deepwater drilling, 90 miles away Cuba's offshore plans are quietly taking shape.
Ferrari has been forced to recall its latest supercar after reports that several had burst into flames.
South African union officials Thursday rejected an improved wage offer from the government as a public sector strike continues to cripple the country.
CNN MONEY- 5 things you must know about homeowners insurance
1. Loyalty is overrated
- The fading iPod Classic
The iPod helped Apple rise from the dead in the last decade. But the iPod Classic, the device that jump-started that resurrection, didn't get so much as a mention from Steve Jobs at Apple's iPod event on Wednesday.
- Oil roars into September 'like a lion'
After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday, and continuing to move higher Thursday following news of an oil platform explosion in the Gulf of Mexico.
- Quit whining, Wall Street. Nothing has changed.
There goes Dan Loeb again, sounding off to great effect. He used to confine himself to criticizing overreaching and overcompensated CEOs, targets we could pretty much all agree on. But the prickly hedge fund manager decided to join the chorus of aggrieved financiers in his latest missive, setting his sights on today's bogeyman of choice: oppressive government.
- Second act: From software to wind energy
Jim Maguire describes himself as being ahead of his time, and he's hardly bragging. In 2002, Maguire -- who managed software projects for large companies -- was consulting in Germany when he discovered "the next big thing."
- Mariner Energy shares fall after platform explodes
Shares of Mariner Energy tumbled Thursday after an explosion in one of the company's production platforms in the Gulf of Mexico.
- How trader Dick morphed into banker CEO Dick Fuld
The rumors persisted of Lehman Brothers' being taken over again, and it was against such a background that Dick devised his pièce de résistance.
- Opel: The achilles heel in GM's IPO
As General Motors gets ready to take its show on the road in support of its initial public offering after Election Day, one of its biggest question marks is the future of Opel and its European division.
- Treasurys fall on good, but not great, data
The economic outlook doesn't have to be entirely rosy for investors to shy away from the safety of Treasurys. Sometimes, all it takes is a little news that isn't completely terrible.
- Family insurance costs skyrocket 14%
American workers are taking yet another blow to their wallets this year -- a whopping 14% jump in costs to insure their families.
- Back-to-school checklist: Whiter teeth & tattoos
Shopping for back-to-school "basics" used to mean T-shirts, jeans, socks and some notebooks. This year, parents added a few other things with one item that really stands out: tattoos.
- Burger King to be bought by 3G Capital for $4 billion
Burger King said Thursday that it has agreed to be acquired by investment firm 3G Capital in a deal valued at $4 billion.
- Harrisburg, Pa., defaulting on its bonds
The capital city Pennsylvania is broke and will be skipping this month's multi-million dollar bond payment.
- HP wins 3PAR bidding war after Dell drops out
The 3PAR bidding war finally came to its conclusion Thursday after Dell conceded victory to Hewlett-Packard.
- Stocks drift higher ahead of jobs report
Stocks pushed higher at the end of a listless session Thursday, extending gains from the previous day, as investors prepare for a critical report on the U.S. job market on Friday.
- Ferrari recalls $230,000 458 Italia supercar
Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.
- Back to school sales get an A
Retailers reported surprisingly strong August same-store sales as many consumers braved scorching summer temperatures to bag juicy discounts on school-related products.
- Jobless claims decline, but not enough
The number of first-time filers for unemployment insurance fell for a second straight week last week, but the level suggests that the labor market remains sluggish.
- Overworked? Take back your lunch hour
Dear Annie: Your article about why everyone should take a vacation ("5 ways to take a guilt-free vacation," June 2) got a lot of attention in my office, and we all agree that we are exhausted and need some downtime. But how are we supposed to take our vacations when we can't even get away from our desks long enough to go out for lunch? I work for a big company where so many people have been laid off in the past two years that, even with business relatively slow, we are all putting in 10- and 12-hour days (for weeks on end) just to get the work out the door.
- Americans in the dark about energy use
Americans aren't known for their energy-thrift ways. Maybe that's because they have little idea as to how much energy things use.
1. Loyalty is overrated
The iPod helped Apple rise from the dead in the last decade. But the iPod Classic, the device that jump-started that resurrection, didn't get so much as a mention from Steve Jobs at Apple's iPod event on Wednesday.
After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday, and continuing to move higher Thursday following news of an oil platform explosion in the Gulf of Mexico.
There goes Dan Loeb again, sounding off to great effect. He used to confine himself to criticizing overreaching and overcompensated CEOs, targets we could pretty much all agree on. But the prickly hedge fund manager decided to join the chorus of aggrieved financiers in his latest missive, setting his sights on today's bogeyman of choice: oppressive government.
Jim Maguire describes himself as being ahead of his time, and he's hardly bragging. In 2002, Maguire -- who managed software projects for large companies -- was consulting in Germany when he discovered "the next big thing."
Shares of Mariner Energy tumbled Thursday after an explosion in one of the company's production platforms in the Gulf of Mexico.
The rumors persisted of Lehman Brothers' being taken over again, and it was against such a background that Dick devised his pièce de résistance.
As General Motors gets ready to take its show on the road in support of its initial public offering after Election Day, one of its biggest question marks is the future of Opel and its European division.
The economic outlook doesn't have to be entirely rosy for investors to shy away from the safety of Treasurys. Sometimes, all it takes is a little news that isn't completely terrible.
American workers are taking yet another blow to their wallets this year -- a whopping 14% jump in costs to insure their families.
Shopping for back-to-school "basics" used to mean T-shirts, jeans, socks and some notebooks. This year, parents added a few other things with one item that really stands out: tattoos.
Burger King said Thursday that it has agreed to be acquired by investment firm 3G Capital in a deal valued at $4 billion.
The capital city Pennsylvania is broke and will be skipping this month's multi-million dollar bond payment.
The 3PAR bidding war finally came to its conclusion Thursday after Dell conceded victory to Hewlett-Packard.
Stocks pushed higher at the end of a listless session Thursday, extending gains from the previous day, as investors prepare for a critical report on the U.S. job market on Friday.
Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.
Retailers reported surprisingly strong August same-store sales as many consumers braved scorching summer temperatures to bag juicy discounts on school-related products.
The number of first-time filers for unemployment insurance fell for a second straight week last week, but the level suggests that the labor market remains sluggish.
Dear Annie: Your article about why everyone should take a vacation ("5 ways to take a guilt-free vacation," June 2) got a lot of attention in my office, and we all agree that we are exhausted and need some downtime. But how are we supposed to take our vacations when we can't even get away from our desks long enough to go out for lunch? I work for a big company where so many people have been laid off in the past two years that, even with business relatively slow, we are all putting in 10- and 12-hour days (for weeks on end) just to get the work out the door.
Americans aren't known for their energy-thrift ways. Maybe that's because they have little idea as to how much energy things use.
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