Sign In
Free Newsletter
Durable goods orders fall 2.1 percent in June
WASHINGTON — Businesses cut back on orders for aircraft, autos, heavy machinery and computers in June, sending demand for long-lasting manufactured goods lower for the second month in the past three. Orders for durable goods fell 2.1 percent last month, with the weakness led by a big drop in orders for commercial aircraft, the Commerce […]
Baltimore man sentenced in 2009 computer hacking case
In what Baltimore is calling its first computer hacking case, a judge has sentenced a Maryland man for hacking the computer system of his former employer after he was fired and displaying pornography during the nonprofit’s presentation to its board of directors. Baltimore prosecutors said in a news release that 52-year-old Walter Powell pleaded guilty […]
Internet minders approve big rise in domain names
SINGAPORE — Internet minders voted Monday to allow virtually unlimited new domain names based on themes as varied as company brands, entertainment and political causes, in the system’s biggest shake-up since it started 26 years ago. Groups able to pay the $185,000 application can petition next year for new updates to “.com” and “.net” with […]
Report: Facebook users more trusting, engaged
NEW YORK — Facebook, it turns out, isn’t just a waste of time. People who use it have more close friends, get more social support and report being more politically engaged than those who don’t, according to a new national study on Americans and social networks. The report comes as Facebook, Twitter and even the […]
Apple’s Jobs expected to announce music service
SAN FRANCISCO — Apple CEO Steve Jobs is scheduled to take a break from medical leave Monday to announce a new service called iCloud. Apple has released few other details, but iCloud will apparently allow customers to store their music online. The company has been in talks with all four major recording companies to make […]
Businesses cut orders for durable goods in April
WASHINGTON — Businesses cut back on their orders for heavy machinery, computers, autos and airplanes in April, reducing demand for long-lasting manufactured goods by the largest amount in six months. Orders for durable goods fell 3.6 percent, and a key category that serves as a proxy for business investment was down 2.8 percent, the Commerce […]
US businesses ordered more factory goods in March
WASHINGTON — U.S. businesses increased orders for industrial machinery, computers and autos in March, lifting factory orders for the fifth consecutive month. The Commerce Department says orders rose 3 percent in March after a 0.7 percent increase in February. A key category that signals business investment plans rose 4.1 percent after a small increase in […]
Weak dollar gives U.S. factories a lift
WASHINGTON — The nation’s manufacturing sector has expanded this year at the fastest pace in a quarter-century, boosted by a weak dollar that has made U.S. goods cheap overseas. Strong factory production could help the economy rebound after experiencing weak growth in the first three months of this year. But the construction industry is struggling […]
Businesses boosted durable-goods orders in March
WASHINGTON — Businesses increased their orders for heavy machinery, computers, autos and steel in March, boosting demand for long-lasting manufactured goods for a third straight month. Orders for durable goods rose 2.5 percent in March, the Commerce Department said Wednesday. That’s up from a revised 0.7 percent increase the previous month. A key category considered […]
Durable goods orders fall 0.9 percent in February
WASHINGTON — Companies trimmed their orders for long-lasting manufactured goods in February, buying fewer computers, machines and primary metals. Durable-goods orders fell 0.9 percent last month, the Commerce Department said Thursday. It was the fourth decline in the past five months. Orders in a category that signals business investment plans dropped 1.3 percent. That followed […]
Manufacturers betting tablets will take off
LAS VEGAS — Big tablets and small tablets, white ones and black ones. Cheap ones and expensive ones. Brand names famous and obscure at the starting line of a race where the iPad is already a speeding dot near the horizon. It’s impossible to walk the floor at this year’s International Consumer Electronics Show without […]
Intel Corp. to buy McAfee in push beyond PC chips
SAN FRANCISCO — Intel Corp. is making the biggest acquisition in its history with the $7.68 billion takeover of computer-security software maker McAfee Inc., an expensive example of Intel’s commitment to serve an increasing array of Internet-connected devices. The deal, announced Thursday before the market opened, will help Intel improve the security of its chips […]
