Private employers added a much-better-than-expected 217,000 jobs in February, ADP has reported. That’s the fifth straight month of job gains in the private sector — another sign that the U.S. labor market continues to slowly h…
Generic drugs are expected to enjoy a banner year in 2011, prompting some investment pros to reformulate their portfolios to get a jump on the transition. For Goldman Sachs, that means betting on several wholesale distributors …
Yahoo may be considering selling off its stake in joint venture with Japanese Internet giant Softbank. What would it do with the $8 billion?
Continue reading Yahoo May Sell Stake in Japan Joint Venture
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After a long, painful transformation from an online auction site to a mobile-focused e-commerce hub, eBay is finally staging a comeback, online and on Wall Street. But auction sales don’t account for its rousing recovery. For t…
Asian markets closed lower Wednesday as investors focused on rapidly rising oil prices, which broke the $100-per-barrel mark in response to growing tensions in the Middle East. In Japan the Nikkei 225 Index slid 2.4%, Hong Kong…
Most forecasts expect the month will show 3% growth or better over the same time last year when major merchants report their tallies on Thursday. One thing seems clear: Higher-end households were more willing to spend than lowe…