Service Sector Expands, Slowly, for a 16th Month
WASHINGTON (AP) — The nation’s service sector expanded in March for the 16th consecutive month, although growth slowed from the previous month’s rate, which was the fastest in more than five years. The...
View ArticleResearch in Motion Stock Hits Eight-Year Low
OTTAWA — Shares in Research in Motion fell 11 percent Friday after the company’s announcement that it would delay a new series of BlackBerry phones that it hopes will revitalize its brand. It was the...
View ArticleChinese Manufacturing Data Suggests Muted Recovery
HONG KONG — A survey of manufacturing activity in China on Thursday provided more reassurance that the Chinese economy, buoyed by somewhat improved global trade and a string of government stimulus...
View ArticleMedia Decoder: Blackout Is a Boon for Super Bowl Ratings
A timely blackout that provided both a diversion and a change in momentum for what looked like a one-sided game helped CBS to record the third most-watched event in television history for Super Bowl...
View ArticleDealBook: Morgan Stanley Shares Fall as Investors Appear Unimpressed With...
Stan Honda/Agence France-Presse — Getty ImagesThe headquarters of Morgan Stanley in Manhattan. 11:32 a.m. | Updated Shares of Morgan Stanley were down more than 3 percent in late morning trading on...
View ArticleDealBook: Morgan Stanley Shares Fall After Profit Report
Stan Honda/Agence France-Presse — Getty ImagesThe headquarters of Morgan Stanley in Manhattan. 1:22 p.m. | Updated Shares of Morgan Stanley were down more than 4.5 percent in afternoon trading on...
View ArticleUncertainty at Fed Over Its Stimulus Plans and Its Leadership
President Obama suggested late Monday that he was likely to nominate a new Fed chairman this year, saying that Mr. Bernanke had “already stayed a lot longer than he wanted or he was supposed to.” Mr....
View Article