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Business - As HP moves into 3D printing, there may still be room for the little guys

The 3D-printing market should be big enough for HP and incumbent companies to thrive, some experts say. In fact, smaller rivals could benefit.>

Saturday, November 01, 2014  11:58


Business - Unknown election outcome is stocks` big fear

By Ryan Vlastelica NEW YORK (Reuters) - A handful of toss-up U.S. Senate races next week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility. U.S. investors appear less concerned with whether Republicans take control of the Senate, as expected, or Democrats hang on to their majority by a slim margin. They just want to know - come Wednesday morning - the actual outcome. ...

Friday, October 31, 2014  23:29


Sports - Giants fans brave the rain to honor their World Series heroes

By Emmett Berg SAN FRANCISCO (Reuters) - The San Francisco Giants on Friday brought home their third World Series trophy in five years to elated fans that lined a two-mile (3-km) parade route along the city`s Market Street. Revelers ignored an intermittent rain to salute the Giants, who defeated the Kansas City Royals with a heart-stopping 3-2 victory on Wednesday in a winner-take-all Game Seven. `This is the best moment of our lives and our baseball careers,` World Series Most Valuable Player Madison Bumgarner told a crowd of thousands gathered in front of City Hall. ...

Saturday, November 01, 2014  01:40


Market - Stocks: 4 things to know before the open

Here`s what you need to know about the markets before you start your business day.

Saturday, November 01, 2014  03:48


Business - U.S. jobless claims rise, but underlying labor market trends firming

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market. Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 287,000 for the week ended Oct. 25, the Labor Department said on Thursday. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 250 to 281,000. Claims at these levels indicate a strengthening in labor market conditions. ...

Thursday, October 30, 2014  12:53


Business - Samsung Electronics seeks China comeback with first metallic smartphones

By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd unveiled two mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world`s biggest smartphone market. Samsung`s smartphone woes began late last year and persisted through July-September, with its global market share down on year for the third straight quarter and its profit scraping at a three-year low. ...

Friday, October 31, 2014  07:59


Business - Time Warner Cable loses more video customers in latest quarter

Time Warner Cable lost a net 184,000 household video customers in the three months ended Sept. 30, far more than the 136,000 that market research firm StreetAccount had estimated. The company, which is being acquired by market leader Comcast Corp for $45.3 billion, lost a net 152,000 customers in the April-June quarter. Comcast reported higher quarterly revenue and income last week as more people signed up for high-speed internet and fewer customers dropped their cable subscriptions. As of Sept. 30, Time Warner Cable had 10.8 million household video subscribers, down from 11.4 million a year earlier.

Thursday, October 30, 2014  12:16


Business - Samsung seeks smartphone revamp to arrest profit slide

By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global smartphone leader`s market share declined in annual terms for the third straight quarter in July-September, lagging Apple Inc in the premium market and overtaken by rivals like Lenovo Group Ltd and Xiaomi Inc at the bottom end, research firm Strategy Analytics said. ...

Thursday, October 30, 2014  04:40


Business - Smartphone woes drag Samsung Electronics third-quarter profit to more than three-year low

SEOUL (Reuters) - Samsung Electronics Co Ltd saw its July-September quarterly profit fall to the lowest level in more than three years, as a decline in earnings from its smartphone business set the South Korean giant on track for its worst year since 2011. The global smartphone leader has lost market share in annual terms for the past two quarters, lagging behind Apple Inc in the premium market and overtaken by rivals like Lenovo Group Ltd and Xiaomi Inc at the bottom end. Samsung on Thursday said its third-quarter operating profit fell by an annual 60.1 percent to 4.1 trillion won ($3. ...

Thursday, October 30, 2014  00:43


Business - Fed ends bond buying, shows confidence in U.S. recovery

By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as `significant` in a show of confidence in the economy`s prospects. In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals. ...

Wednesday, October 29, 2014  20:47

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