Dec 4, 2014

Dow hits record as energy rises for third straight day

U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy. Market moves were slight, with many traders looking ahead to ...

Rare copy of Superman comic book fetches $3.2 million

Aug 26, 2014

Rare copy of Superman comic book fetches $3.2 million

A rare, nearly flawless copy of Superman’s comic-book debut has sold for a super-powered price: $3.2 million. New York comics dealers Stephen Fishler and Vincent Zurzolo said Monday they submitted Sunday’s record-setting bid in the eBay auction for Action Comics No. 1, the 1938 ...

Jul 22, 2014

World breaks monthly heat record twice in a row

The globe is on a hot streak, setting a heat record in June. That’s after the world broke a record in May. The National Oceanic and Atmospheric Administration announced Monday that last month’s average global temperature was 16.2 Celsius, which is 0.72 degrees higher ...

Jul 22, 2014

Netflix tops 50 million subscribers as second-quarter earnings soar

Netflix’s second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time. The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix’s management predicted. The ...

Current account runs up biggest deficit ever

Mar 10, 2014

Current account runs up biggest deficit ever

Japan posted a record current account deficit in January, marking four straight months of red ink for the first time as soaring demand for energy and the weakening of the yen triggered a surge in import costs, the Finance Ministry said Monday in a ...

Trade deficit swells to record ¥2.79 trillion on surging imports

Feb 20, 2014

Trade deficit swells to record ¥2.79 trillion on surging imports

The nation’s trade deficit swelled in January to another monthly record, data showed Thursday, as once-bumper surpluses disappear under the weight of soaring post-Fukushima energy bills, an imbalance driven by Prime Minister Shinzo Abe’s cheap-yen policies. The ¥2.79 trillion shortfall also underscored a boost ...

Electric car runs record-setting 1,300 km on one charge

Nov 15, 2013

Electric car runs record-setting 1,300 km on one charge

A Japanese team set a world record Friday for distance traveled by an electric vehicle on a single battery charge, running 1,300 km on a course in Akita Prefecture. The four-driver team included Kenjiro Shinozuka, 64, who in 1997 became the first Japanese driver ...