Tire Prices Rise on Tariffs, Rising Demand
Tire prices are inflating. Tariffs on imports, lower supplies and higher demand from drivers buying winter tires are combining to jack up costs.
Business
Japan's Recovery Threatened by Deflation, High Yen
Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's ...
Sony Pins Turnaround Hopes on 3D, OLEDs
A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, ...
China Stimulus Could Fuel Trade Conflicts Says EU Report
China's stimulus spending has fueled massive overexpansion in industrial capacity that could drive a surge in low-priced exports amid weak global demand
Toyota Slashes Executive Bonuses 20%
Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the U.S. and deep losses for the second straight ...
Online Ad Revenues Show Quarterly Rebound
Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip ...
Drop in Jobless Claims Prompts Small Rally
Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.
Tiffany Raises Outlook After Q3 Outperforms
Curbed discretionary spending pushed Tiffany & Co.'s U.S. sales lower in the third quarter, contributing to a 1 percent profit decline.
Toyota to Replace Gas Pedals on 3.8 Mil. Cars
Toyota Motor Corp. said Wednesday it will replace accelerator pedals on 3.8 million recalled vehicles in the United States
Beijing Automotive Looks at Saab After Deal Collapsed
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports
Surprise Drop in Jobless Rate Spurs Optimism
A surprising drop in the unemployment rate and far fewer job losses last month cheered investors Friday and raised hopes for a sustained economic recovery.
Saab Future Clouded After Sale Falls Through
A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
Wyoming Plant to Turn Coal into Gasoline
Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.
Hyatt to Operate 5 New Hotels in India
Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...
Asian Stocks Drop on Slow Recovery Signs
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks
RIM Sees Profits Surge on Record Blackberry Sales
BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income
Calif Space Tourism Firm Inks S. Korea Launch Deal
A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group
Leading Indicators Point to Gradual Recovery
A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
GM to Shut Down Saab After Spyker Talks Fail
General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Ray Young Replaced As GM CFO by Microsoft CFO
General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now ...
Jump in U.S. Home Resales Boosts Asia, Europe
Asian and European stock markets were higher Wednesday after a jump in U.S. housing sales suggested the world's biggest economy is picking up speed.
Louisiana Rice Hopes to Replace Thai Jasmine in U.S.
The U.S. rice industry is making way for the Jazzman. It's a new variety of aromatic rice developed at Louisiana State University and being sold ...
A-Power Wins Biomass Power Plant Contract in Thailand
A-Power Energy Generation Systems Ltd. said Tuesday that it has signed a deal worth $86 million with Thailand's Biomass Electricity Co. Ltd. to develop a ...
Microsoft Ordered to Change Word Software Code
A federal appeals court ordered Microsoft Corp. to pay a Canadian software company $290 million for violating a patent, upholding the decision of a lower ...
Home Sales Rose Again in November
Home resales are expected to have risen to their highest level in nearly three years in November, as an extraordinary level of federal support has ...
Economic Growth Accelerates in 4th Quarter
The economy started the year in free-fall but is on track to end 2009 on stronger footing.
Carmakers Can't Meet China's Exploding Demand
Minivan salesman Zhu Yi has a problem that most auto dealers elsewhere would happily swap for their own — he doesn't have enough vehicles
Second Boeing 787 Set for Tuesday Test flight
Boeing says its second 787 will take to the skies on Tuesday. The company has scheduled a test flight for the second jetliner at 8:45 ...
Tire Prices Rise on Tariffs, Rising Demand
Tire prices are inflating. Tariffs on imports, lower supplies and higher demand from drivers buying winter tires are combining to jack up costs.
Japan's Recovery Threatened by Deflation, High Yen
Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's ...
Sony Pins Turnaround Hopes on 3D, OLEDs
A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, ...
China Stimulus Could Fuel Trade Conflicts Says EU Report
China's stimulus spending has fueled massive overexpansion in industrial capacity that could drive a surge in low-priced exports amid weak global demand
Toyota Slashes Executive Bonuses 20%
Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the U.S. and deep losses for the second straight ...
Online Ad Revenues Show Quarterly Rebound
Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip ...
Drop in Jobless Claims Prompts Small Rally
Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.
Tiffany Raises Outlook After Q3 Outperforms
Curbed discretionary spending pushed Tiffany & Co.'s U.S. sales lower in the third quarter, contributing to a 1 percent profit decline.
Toyota to Replace Gas Pedals on 3.8 Mil. Cars
Toyota Motor Corp. said Wednesday it will replace accelerator pedals on 3.8 million recalled vehicles in the United States
Beijing Automotive Looks at Saab After Deal Collapsed
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports
Surprise Drop in Jobless Rate Spurs Optimism
A surprising drop in the unemployment rate and far fewer job losses last month cheered investors Friday and raised hopes for a sustained economic recovery.
Saab Future Clouded After Sale Falls Through
A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
Wyoming Plant to Turn Coal into Gasoline
Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.
Hyatt to Operate 5 New Hotels in India
Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...
Asian Stocks Drop on Slow Recovery Signs
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks
RIM Sees Profits Surge on Record Blackberry Sales
BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income
Calif Space Tourism Firm Inks S. Korea Launch Deal
A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group
Leading Indicators Point to Gradual Recovery
A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
GM to Shut Down Saab After Spyker Talks Fail
General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Ray Young Replaced As GM CFO by Microsoft CFO
General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now ...
Jump in U.S. Home Resales Boosts Asia, Europe
Asian and European stock markets were higher Wednesday after a jump in U.S. housing sales suggested the world's biggest economy is picking up speed.
Louisiana Rice Hopes to Replace Thai Jasmine in U.S.
The U.S. rice industry is making way for the Jazzman. It's a new variety of aromatic rice developed at Louisiana State University and being sold ...
A-Power Wins Biomass Power Plant Contract in Thailand
A-Power Energy Generation Systems Ltd. said Tuesday that it has signed a deal worth $86 million with Thailand's Biomass Electricity Co. Ltd. to develop a ...
Microsoft Ordered to Change Word Software Code
A federal appeals court ordered Microsoft Corp. to pay a Canadian software company $290 million for violating a patent, upholding the decision of a lower ...
Home Sales Rose Again in November
Home resales are expected to have risen to their highest level in nearly three years in November, as an extraordinary level of federal support has ...
Economic Growth Accelerates in 4th Quarter
The economy started the year in free-fall but is on track to end 2009 on stronger footing.
Carmakers Can't Meet China's Exploding Demand
Minivan salesman Zhu Yi has a problem that most auto dealers elsewhere would happily swap for their own — he doesn't have enough vehicles
Second Boeing 787 Set for Tuesday Test flight
Boeing says its second 787 will take to the skies on Tuesday. The company has scheduled a test flight for the second jetliner at 8:45 ...
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