News tagged with economic gloom

Obama yields on smog rule in face of GOP demands (Update)

(AP) -- In a dramatic reversal, President Barack Obama on Friday scrubbed a clean-air regulation that aimed to reduce health-threatening smog, yielding to bitterly protesting businesses and congressional ...

Space & Earth / Environment

created Sep 02, 2011 | popularity 3.4 / 5 (12) | comments 445

Video game industry bucks downturn with Feb. sales

(AP) -- The video game industry continued to defy the recession in February, posting double-digit year-over-year growth with Nintendo Co.'s popular Wii gaming system leading the way.

Technology / Business

created Mar 19, 2009 | popularity 5 / 5 (1) | comments 0

Samsung Group to invest record $41.56 bln this year

South Korea's Samsung Group announced it would invest a record 47.8 trillion won ($41.56 billion) this year and hire an all-time high of 26,000 new employees despite global economic gloom.

Technology / Business

created Jan 17, 2012 | popularity not rated yet | comments 0

Infineon sees lower 2012 sales as crisis bites

German semi-conductors giant Infineon said Wednesday it expected sales in its current business year to decline by around five percent as customers increasingly hold back in the current economic gloom.

Technology / Business

created Nov 16, 2011 | popularity not rated yet | comments 0