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Top Stories Telecom Report: China growth in 3G subscriptions easing China’s three telecom operators reported weaker subscriber additions in April for the key 3G segment, though whether the drop marked a trend remained uncertain.
Asia Markets: Asia stocks rally, with resource, tech shares up Asia stocks rally, tracking overnight gains in the U.S., with many indexes up 1% or more as resource and tech shares help lead the advance.
Currencies: Dollar edges back up as euro slips The dollar resumes a path higher on Tuesday after taking a leg down in the prior session.
Bill Mann's Canada: Canadian Pacific proxy fight a turning point The stockholder showdown at Canadian Pacific Railway’s annual meeting, which led to the ouster of the railroad’s top two execs, marked an important turning point in the way Canadian corporate board members are likely to deal with impatient stockholders, especially the major ones.
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May 22, 2012 3:48 AM EDT
Weekly Jobless Claims finally got off of the roller coaster of seasonal adjustments and seemed to be settling in at just above 450,000. In general, 450,000 is the level where economists equate claims to indicate zero job growth. We’ve seen the coming on and laying off of census workers skew that data. Once extracting out those positions, it does appear that we are moving past the layoff stage, but are not seeing much in the job growth stage. T... full story >>