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Bank of Korea Keeps Interest Rates at Record Low

South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...

Intel Takes Nano Lead, AMD Holds Graphics Edge

Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry

Prius Japan Sales Tripled to Top Spot in 2009

The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.

P&G Launches Online Retail Site

The maker of Tide detergent, Pampers diapers and Gillette shavers is taking hundreds of its popular consumer products directly to shoppers

American Raises JAL Tieup Offer to $1.4 Bil.

American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...

Boeing Orders Fell 90% in 2009

Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.

Department Stores Report Better December Sales

Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.

China Rate Hike, U.S. Jobs Data Dampen Stocks

Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills

New CEO Expects 2010 Profits for Leaner GM

General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers

Proposed Delta-JAL Tieup Prompts Monopoly Fears

A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.

Samsung Profits Soared to $3.44 Bil. in Q4

Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...

Ford's China Sales Up 44% in 2009

Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role

Wall Street Shrugs Off Bad December Housing Data

European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing

Corning Profits Triple on Surging TV, Monitor Sales

Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.

DuPont Profits Soar on Record Asia Demand

Improved sales across its global markets and lower raw material and energy costs led to a fourth-quarter turnaround for DuPont

Delta Q4 Loss Shrinks to $25 Mil.

Delta Air Lines posted a $25 million net loss for the final three months of 2009, much smaller than a year earlier.

UK Economy Grew Just 0.1% in Q4

Britain's worst recession since World War II is officially over — but only just.

Air New Zealand Offers Bed Seat in Economy

Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a ...

Toyota Expects Sales to Grow to 8.27 Mil.

Toyota said Tuesday it plans to sell 8.27 million vehicles worldwide this year, up 6 percent from 2009, showing the world's No. 1 automaker is ...

Shiseido Starts $1.7 Bil. Offer for Bare Escentuals

Japanese cosmetics maker Shiseido Co. said Monday it has started a tender offer to buy all outstanding shares of Bare Escentuals

Apple Earned Record Profits in Q4

Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...

GM Agrees to Sell Saab to Spyker Cars

General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker

Google Wants to Stay in China After Search Exit

Even if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations

Boeing Expected to Post Solid Q4 Profits

Boeing Co., the world's second-largest commercial aircraft maker after Europe's Airbus, reports its fourth-quarter results on Wednesday.

AOL to Buy Web Video Firm for $36.5 Mil.

AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...

Chrysler Seeks Clear Identities for Dodge, Chrysler

Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing

Ericsson to Cut 1,500 Jobs After Dismal Q4

Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after reporting a 92 percent drop in fourth-quarter ...

GE Sees Growth Ahead Despite Profits Drop

General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key rebuilding ...

McDonald's Revenues, Profits Jump

More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...

World Stocks Slump on Obama Bank Speech

World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.

Apple Unveils $499 iPad Tablet

Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device

Jobless Claims, Durable Orders Hint at Slow Recovery

Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.

Estee Lauder Profits Surge 62% on Asia Growth

Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent

Ford Surprises with $2.7 Bil. Profits for 2009

Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.

Smart Phones Boost Nokia Profits 65%

The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent

Toyota Extends Recall to Europe, China

Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.

Hyundai Profits Quadruple on Growth in China, India

Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009

Blatant Imitations of Google, YouTube Start Up in China

Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.

Japan Retail Sales Down for 16th Month in December

Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages

China Declares Crisis Over, Shifts Focus to Inflation

China declared it is over the global crisis and signaled a shift in focus to controlling inflation

Caterpillar Expects Sales Rebound After Dismal Q4

Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy

Canon Profits Quintuple on Booming Camera Sales

Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.

Japan Exports Show First Growth in 15 Months

Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.

China Reassures Phone Companies on Google Android

China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute

Toyota Halts Sales of Some Models for Repairs

The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry

Target Pulls Farmed Salmon from Shelves, Sushi

Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores

GM to Build Its Own Electric Motors

General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them

Apple Tablet Could Stimulate Video Game Business

When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...

Saudi Tycoon Seeks Broader Ties with News Corp

The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances

SoCal Home Median Prices Rose in November

The median home price in Southern California posted its first year-on-year gain last month since the summer of 2007