The
Fed said it intends to complete its $600 billion bond-buying program in
June as planned, but Bernanke said there is no timetable for ending low
interest-rate policies.
Steve
Jobs said Apple has "never transmitted" the precise location of iPhones
to the company. Apple plans an update to limit how much location data
is stored on its phones and fix a bug.
The
World Trade Organization's 153 member nations will this week for the
first time openly discuss an alternative to the failing Doha round of
global trade talks, say high-ranking WTO officials.
Pakistan
is lobbying Afghanistan's president against building a long-term
strategic partnership with the U.S., urging him instead to look to
Pakistan—and its Chinese ally—for help in striking a peace deal with the
Taliban and rebuilding the economy.
The
hacker who penetrated Sony's online PlayStation service and possibly
collected credit-card data delivered a blow to the company's of linking
its gadgets to an online network of movies, music and videogames.
China's
Huawei accused competitors in key markets, including the U.S. and
India, of blocking its global expansion and said protectionism would
contribute to sharply slower revenue growth this year.