WASHINGTON (Reuters) - Strong exports and consumer spending supported by government stimulus checks drove the U.S. economy up at a solid 3.3 percent annual rate in the second quarter, much faster than first thought, but growth is expected to flag as those factors fade.
SAN FRANCISCO (Reuters) - Dell Inc posted a surprisingly steep drop in quarterly earnings on Thursday and said companies around the world are cutting back on technology spending, sending its shares tumbling 10 percent and sparking fears of weakness in the whole tech sector.
NEW YORK (Reuters) - Boeing Co said on Thursday it made its "best and final" contract offer to its largest labor union, including concessions the aerospace manufacturer hopes will help avert a strike.
SAN FRANCISCO (Reuters) - Diversified U.S. chipmaker Marvell Technology Group Ltd gave a conservative outlook for the third quarter, sending shares lower, even after it posted better-than-expected profit helped by increased sales in the wireless and storage sectors.
NEW YORK (Reuters) - Lehman Brothers Holdings Inc is looking at cutting some 1,200 jobs in its latest round of cost cutting, a person familiar with the matter said, as weak financial markets spur layoffs across Wall Street.
Jul. 23 - The movie "Transformers" comes to Tokyo this week, a homecoming of sorts for the toy-robot film that earned over $260 million in three weeks in North America.