iPhone sales catapult Apple to record results; profits soar

The iPhone is taking over Apple.
For the first time, the device that changed how people use mobile phones accounts for more than half of the […]

Egypt holds 3rd round of parliamentary elections

Egyptians lined up in front of polling centers in nine provinces to cast their ballots Tuesday in the third round of the country’s first parliamentary […]

Australian Manufacturing Shows First Expansion Since June on Basic Metals - Bloomberg

Australian manufacturing (AIGPMI) expanded for the first time in six months in December, driven by gains in basic metals, transport and publishing, a private survey […]

Iran’s navy tests cruise missile as part of drill

Iran test-fired a surface-to-surface cruise missile on Monday during a drill that the country’s navy chief said proved Tehran was in complete control of the […]

Stocks weighed down by US debt fears

Global stocks were weighed down again on Wednesday by worries that the U.S. could default on its debt or see its credit rating cut as […]

New-home sales fell 1 percent in June

Fewer people bought new homes in June, evidence that the housing market remains weak.
Sales of new homes fell 1 percent last month to an annual […]

Asian markets slip on Europe debt fears

Asian markets dropped early Monday amid fears of a spreading European debt crisis after a ratings agency placed Italian banks on a review for a […]

Germany’s Ifo Business Confidence Remained Unexpectedly Unchanged in May - Bloomberg

German business confidence remained unexpectedly unchanged in May as booming exports and rising company spending boosted economic growth.
The Ifo institute in Munich said its […]

Sony to report $3.2 billion annual loss

Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with […]

Minnesota looks cushioned against hard times, but is it?

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