FRANKFURT — The International Monetary Fund on Thursday forecast that the world economy would expand 3.1 percent next year, after a year in which much of the world struggled through a recession.
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Wednesday, October 7, 2009
Google, Verizon Wireless: A Potent Smartphone Team - BusinessWeek
Move over Apple and Research In Motion. Rivalry in the smartphone market has just heated up.
For a while it seemed the bloodiest battle in smartphones would be fought between Apple (AAPL), maker of the iPhone, and BlackBerry maker Research In Motion (RIMM). But an emerging alliance between Google (GOOG) and Verizon Wireless has the potential to create a potent alternative to the BlackBerry and iPhone in the U.S. smartphone market.
Google, Verizon Wireless: A Potent Smartphone Team - BusinessWeek
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For a while it seemed the bloodiest battle in smartphones would be fought between Apple (AAPL), maker of the iPhone, and BlackBerry maker Research In Motion (RIMM). But an emerging alliance between Google (GOOG) and Verizon Wireless has the potential to create a potent alternative to the BlackBerry and iPhone in the U.S. smartphone market.
Google, Verizon Wireless: A Potent Smartphone Team - BusinessWeek
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Monday, October 5, 2009
U.S. Economy: Service Industries Grow for First Time in a Year - Bloomberg.com
U.S. Economy: Service Industries Grow for First Time in a Year
By Shobhana Chandra
Oct. 5 (Bloomberg) -- U.S. service industries expanded in September for the first time in a year as the emerging recovery spread from housing and factories to the broader economy.
The Institute for Supply Management’s index of non- manufacturing businesses, which make up almost 90 percent of the economy, rose to 50.9, higher than forecast, from 48.4 in August, according to the Tempe, Arizona-based group. Fifty is the dividing line between expansion and contraction.
U.S. Economy: Service Industries Grow for First Time in a Year - Bloomberg.com
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By Shobhana Chandra
Oct. 5 (Bloomberg) -- U.S. service industries expanded in September for the first time in a year as the emerging recovery spread from housing and factories to the broader economy.
The Institute for Supply Management’s index of non- manufacturing businesses, which make up almost 90 percent of the economy, rose to 50.9, higher than forecast, from 48.4 in August, according to the Tempe, Arizona-based group. Fifty is the dividing line between expansion and contraction.
U.S. Economy: Service Industries Grow for First Time in a Year - Bloomberg.com
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Stocks Set to Bounce; Banks in Focus - WSJ.com
By BARBARA KOLLMEYER
U.S. stock-index futures pointed to a higher open Monday, with the market recovering slightly from last week's disappointing nonfarm payrolls data.
Less than two hours before the start of trading, Dow Jones Industrial Average futures were 41 points higher at 9476. The S&P 500 futures gained 5.3 to 1027, and Nasdaq 100 futures added 10 points to 1672.25. Changes in futures do not always accurately predict early market moves after the opening bell.
Investors will be eyeing a report on business activity in the services sector for signs of an improving economy. The ISM survey is scheduled to be released at 10 a.m., with expectations that the index will rise from 48.4 last month to the 50 level, according to economists polled by MarketWatch.
Click here for the complete story.
U.S. stock-index futures pointed to a higher open Monday, with the market recovering slightly from last week's disappointing nonfarm payrolls data.
Less than two hours before the start of trading, Dow Jones Industrial Average futures were 41 points higher at 9476. The S&P 500 futures gained 5.3 to 1027, and Nasdaq 100 futures added 10 points to 1672.25. Changes in futures do not always accurately predict early market moves after the opening bell.
Investors will be eyeing a report on business activity in the services sector for signs of an improving economy. The ISM survey is scheduled to be released at 10 a.m., with expectations that the index will rise from 48.4 last month to the 50 level, according to economists polled by MarketWatch.
Click here for the complete story.
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