News Archive
National | Sun, Jan 6, 2013

Jan. 7 (Bloomberg) -- Lenovo Group Ltd.’s smartphone business in China is about to turn its first profit, enabling the company to expand margins even while funding a handset push in emerging markets, Chief Executive Officer Yang Yuanqing said.

Jan. 5 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser said the central bank should take the steps necessary to ensure inflation stays near its goal of 2 percent.

Jan. 7 (Bloomberg) -- Global central bank chiefs agreed to water down and delay a planned bank liquidity rule to counter warnings that the proposal would strangle lending and stifle the economic recovery.

Jan. 7 (Bloomberg) -- Treasuries held gains from the end of last week after the U.S. unemployment rate was higher than forecast, boosting speculation the Federal Reserve’s bond-buying efforts to stimulate the economy won’t end anytime soon.

Sun, Jan 6, 2013