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Reuters: Business News
  • Economy shows vigor in Q2, but seen flagging
    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.

  • Dell profits disappoint as tech spending weakens
    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.

  • Boeing makes "best and final offer" to union
    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.

  • Marvell beats Street but posts weak outlook
    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.

  • Lehman looking at cutting some 1,200 jobs: source
    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.

Reuters TV: Business
Comprehensive coverage of stories that are currently moving the financial markets around the world.

Coverage includes breaking news, market reports, newsmaker interviews and key company profiles.

  • Japan nuclear accident impact
    July 31 - Japan's killer earthquake left its biggest nuclear power company facing financial losses, supply questions, and demands for greater safety.
  • Asia up as US fears ease
    July 31 - Asian stocks rose on Tuesday after a rebound on Wall Street, with the focus on earnings as credit fears eased.
  • Transformers hit Japan
    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.
  • Zoellick heads to Asia
    Jul. 26 - Newly appointed World Bank President Robert Zoellick will travel to Asia next week.
  • Market's bumpy ride continues
    Jul. 30 - European markets experienced a up and down start to the week on Monday, while HSBC's results surprised.
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