USA Business News
CBJ Mar 5 - The U.S. unemployment rate is unchanged at 9.7 percent as employers shed 36,000 jobs in February, the government announced on Friday. The Department of Labour said job losses for December and January has been revised and 35,000 fewer jobs were lost ...
CBJ Mar 3 - Apple Inc. Has sued phone maker HTC Corp on Tuesday, claiming the phone made for Google Inc. Violates patents on Apple’s iPhone. HTC is a Taiwan based company is the maker of the Nexus One phone, as well as several of ...
CBJ Feb 22 - President Barack Obama will pitch his bid to revamp the U.S. healthcare system as a way to control big insurance company rates increases when he releases his healthcare plan on Monday, the White House said.
The Democratic president will propose giving the ...
CBJ Feb 22 - Two days after his appointment as president of Toyota Motor Corp last June, Akio Toyota delivered his vision for steering the company founded by his grandfather: to make better cars for the public.
Just eight months later, Toyota is preparing to defend ...
CBJ Feb 19 - Federal Reserve officials moved to calm speculation that a surprise rise in its emergency lending rate could bring forward broader policy tightening, saying borrowing costs in the economy would stay low.
Fed Chairman Ben Bernanke flagged the move last week, saying the ...
CBJ Feb 18 - Despite signals of a recovering job market, the number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week. Meanwhile, producer prices increased sharply in January, raising potential hurdles for the economic recovery.
Initial claims for state unemployment ...
CBJ Feb 18 - Wal-Mart Stores Inc., said sales at its existing U.S. stores fell during the holiday quarter and forecast results for the current quarter that could miss Wall Street estimates.
The results cast new doubt on Wal-Mart's ability to grow in the United States ...
CBJ Feb 17 - White House economic adviser Christina Romer said on Wednesday that the U.S. employment picture was stable, with job growth expected by spring.
Speaking on ABC's Good Morning America program, Romer also said she believes there is bipartisan support in Congress to preserve ...
CBJ Feb 17 - AMR Corp's American Airlines announced yesterday that it would resume service to Port-au-Prince, Haiti, on Friday, its first flight to the nation since a devastating earthquake last month.
AMR's American Eagle will begin new service into Haiti from Puerto Rico starting March ...
CBJ Feb 16 - Kraft Foods Inc.’s quarterly revenue report fell short of Wall Street expectations, but said its recent acquisition of British chocolatier Cadbury Plc would accelerate long-term growth.
Kraft reached a deal to buy Cadbury and create the world's largest confectioner last month. Investors ...
