Showing posts with the label NYT: Breaking News Alerts

NYT: Breaking News Alert: China's Economy Passes Japan's in Quarter, Becoming the World's Second Largest. August 15th., 2010

Breaking News Alert The New York Times ----- China's Economy Passes Japan's in Quarter, Becoming the World's Second Largest After three decades of spectacular growth, China has passed Japan to become the world's second-largest economy behind the United States, according to government figures released early Monday. The milestone, though anticipated for some time, is the most striking evidence yet that China's ascendance is for real and that the rest of the world will have to reckon with a new economic superpower. The milestone was reached early Monday, when Tokyo said that in the second quarter, the Japanese economy was valued at about $1.28 trillion, slightly below China's figure of $1.33 trillion. The gross domestic product of the United States was roughly $14 trillion in 2009. Japan's economy grew 0.4 percent in the second quarter, Tokyo said, substantially less than forecast. Read More:

NYT: News Alert: Apple Surpasses Microsoft as Most Valuable Technolog y Company. May 26th., 2010

Breaking News Alert The New York Times Wed, May 26, 2010 -- 3:02 PM ET ----- Apple Surpasses Microsoft as Most Valuable Technology Company Apple, the maker of iPods, iPhones and iPads, overtook Microsoft, the computer software giant, on Wednesday to become the world's most valuable technology company. In intraday trading in the afternoon session, Apple shares rose 1.8 percent, which gave the company a value of $227.1 billion. Shares of Microsoft declined about 1 percent, giving the company a market capitalization of $226.3 billion. This changing of the guard caps one of the most stunning turnarounds in business history, as Apple had been given up for dead only a decade earlier. But the rapidly rising value attached to Apple by investors also heralds a cultural shift: Consumer tastes have overtaken the needs of business as the leading force shaping technology. Read More: ----- Now get New York Time

NYT: Breaking News Alerts

Breaking News Alert The New York Times Mon, February 08, 2010 -- 4:03 PM ET ----- Dow Industrials Post First Close Below 10,000 Since Nov. 4 Stocks fell broadly on Wall Street on Monday on concerns about government debt in Europe, and the Dow Jones industrial average closed below the 10,000 mark for the first time since Nov. 4. The Dow industrials were down 103.69 points, or 1 percent, at 9,908.54 at the closing bell. The Standard & Poor's 500-stock index and the Nasdaq were also lower for the day. Shares of financial firms posted the largest losses amid worries that they could be hurt by huge deficits in countries like Greece, Spain, and Portugal. Read More: