Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Business
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
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
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
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
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
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.
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 ...
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
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 ...
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Online Gamer Changyou.com Posts 34% Profit Jump
Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday
China Netizens Shrug Off Possible Google Exit
When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese
World Stocks Rally on Solid Manufacturing Data
World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week
JAL to Choose Between Delta and American Soon
The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe
Replacement Pedals En Route to Toyota Dealers
Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...
Korea Posts Biggest Export Jump in 21 Years
South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer
China Manufacturing Grows Despite Tighter Lending
China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control
Jobless Rate Unlikely to Be Cut Much in 2010
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
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
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Wall Street Bonuses Up 17% in Bailout Year
Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown
100-MPH Lexus Ride to Set Tone for Toyota Hearing
Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday
China Unicom Denies Bidding on Nigerian Phone Co.
State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports
Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee
The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.
$1.5 Bil. LAX Expansion Construction Begins
Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
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
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
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
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
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.
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 ...
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
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 ...
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Online Gamer Changyou.com Posts 34% Profit Jump
Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday
China Netizens Shrug Off Possible Google Exit
When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese
World Stocks Rally on Solid Manufacturing Data
World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week
JAL to Choose Between Delta and American Soon
The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe
Replacement Pedals En Route to Toyota Dealers
Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...
Korea Posts Biggest Export Jump in 21 Years
South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer
China Manufacturing Grows Despite Tighter Lending
China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control
Jobless Rate Unlikely to Be Cut Much in 2010
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
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
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Wall Street Bonuses Up 17% in Bailout Year
Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown
100-MPH Lexus Ride to Set Tone for Toyota Hearing
Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday
China Unicom Denies Bidding on Nigerian Phone Co.
State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports
Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee
The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.
$1.5 Bil. LAX Expansion Construction Begins
Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport
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