Australian PM vows to create 50,000 'green' jobs

(AP) -- Australia's prime minister promised Thursday to create 50,000 "green" jobs and apprenticeships to combat climate change and unemployment simultaneously.

EMC net falls 43 pct, still tops Street views

(AP) -- Fresh off a successful bid for a major acquisition, EMC Corp. said Thursday that its second-quarter profit plunged 43 percent as companies remained hesitant to spend money on technology.

Report: Worst may be over for US tech market

(AP) -- As bad as the technology market fared in the first quarter of this year, the worst may be over, at least in the United States, Forrester Research said in a report Tuesday.

Calif. board postpones decision on pollution tax

(AP) -- California regulators on Thursday delayed a decision on whether to implement the nation's first statewide carbon fee on utilities, oil refineries and other polluting industries.

Book industry meets over uncertain future

Publishers, booksellers and authors are holding a major annual convention in New York this week as the industry reels from a global recession and readers migrate to digital formats.

Consumers remain upbeat

Despite the global recession and the crisis in the banking sector, consumer confidence in financial services remains intact, according to a report compiled for the Nottingham University Business School.

Hynix reports sixth straight quarterly loss

South Korea's Hynix Semiconductor, the world's second-largest computer memory chipmaker, Friday reported a sixth straight quarterly loss due to weak chip prices sparked by a global recession.

Japanese firms in talks on microchip merger

Renesas Technology Corp. and NEC Electronics Corp. are in merger talks to create Japan's top chipmaker as they seek to survive the global recession, reports said Thursday.

Gambling ban would reverse recession, new book says

Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.

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