Many economists downplayed Friday's disappointing jobs report, calling it a blip in a moderate recovery and blaming high gas prices and Japanese supply disruptions.
Ford Motor Company said Tuesday it intends to
boost global sales by 50 percent by 2015, with an eye to the Asia
market and its demand for small cars.
Austan Goolsbee, President Obama's chief economic adviser, is leaving the administration and returning to the University of Chicago Booth School of Business to teach.
Bank of America Corp. (NYSE:BAC) shares on Monday fell to levels not seen since May 2009 as concerns about the need for more capital at big banks and the economy rattled Wall Street.
Apple introduced its iCloud service on
Monday in a move that was touted by Steve Jobs as a milestone on the
way to a post-PC world.
India's government on Monday approved the
purchase of 10 military transport planes from Boeing Co. for $4.1
billion -- the country's biggest defence deal with a U.S. firm.