Nintendo slashed its forecast for the year, citing weak sales and stronger-than-expected appreciation of the Japanese yen. It also announced its new handheld 3-D video game console won’t be released until after the holiday seas…
Advanced Micro Devices has lowered its third-quarter sales guidance, citing weaker-than-expected demand for laptops in North America and Europe. The news comes after another chip maker, Intel, cut its third-quarter forecast las…
Increased hiring of temps and in industries such as retail and tourism has barely offset the far larger job cuts in print media and telecom, according to the UCLA Anderson Forecast.
Continue reading Only 5% of …
A panel of economists cut its forecast for U.S. economic growth for the rest of 2010 for the third month in a row.
The latest Blue Chip Economic Indicators report said that lower-than-expected consumer spending, business investment and private constr…