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Oil Shale Trials Show Promise But Leases Shrink

Efforts to mine oil from rock are ongoing in Wyoming, Colorado and Utah, speakers at a symposium said Tuesday, the same day Interior Secretary Ken ...

Wind Power Industry Adds Capacity with Federal Grants

Armed with nearly $1 billion in federal grants, wind farm developers installed more capacity and got projects off the drawing board in the third quarter. ...

Obama Shifts Bailout Focus to Small Banks, Businesses

President Barack Obama wants smaller community banks to have greater access to the government's $700 billion financial rescue fund as the administration refocuses the bailout ...

Yahoo Q3 Profits Triple on Cost-Cutting, Ad Recovery

Yahoo Inc. may finally be pulling out of a three-year slump that cast aside two CEOs and spurred a cost-cutting campaign that led to about ...

UAL Says Business Travel Improving Despite Loss

United Airlines said on Tuesday that it's seeing early signs of a recovery in business travel as it reported a smaller-than-expected quarterly loss. The recession ...

Coach Sales Rise with Help from Lower-Priced Line

Coach Inc.'s fiscal first-quarter profit fell slightly, but revenue rose as new, lower-priced handbag lines helped juice sales. The company blamed heavy promotions spurred by ...

Asia Stocks Up, Europe Down on U.S. Earnings

Most Asian stock markets climbed Tuesday as a rash of better-than-expected earnings reports from major U.S. companies buttressed confidence in the world economy. European markets ...

U.S. Banks Return to Risky Investments

A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...

August Retail Sales Up Mainly on Auto, Gas

Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...

Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings

Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...

New Electrics Grab Focus at Frankfurt Auto Show

Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...

Yahoo Gains $150 Mil. on Sale of Alibaba Stake

Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...

JAL Shares Surge on American, Delta Interest

Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...

NEC, Casio, Hitachi to Merge Cell Phone Business

Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...

Majority of Americans Still Troubled by Economy

One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...

World Markets Rattled by U.S.-China Tire Tariff Dispute

European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...

Japan Air Lines Hopes to Conclude Merger Talks Soon

Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...

Last U.S. China Maker Survives on Vintage Design

Born of the Great Depression, it was a glossy, color-saturated line of cups, bowls and plates meant to affordably brighten lives and dinner tables. Seven ...

American, Delta Mull Stake in JAL

American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...

Airlines Cut Flights to Lowest Level Since 2001

The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...

Struggling JAL Considers Tieup with Air France-KLM

Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper said Saturday. Asia's biggest airline hopes to expand its ...

GM Rescinds Spring's White-Collar Pay Cuts

General Motors Co. has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy protection. ...

World Stocks Rise on Good News from China, U.S.

European and Asian stock markets rose Friday on strong economic data from China and comments by U.S. Treasury Secretary Timothy Geithner, who said the financial ...

China Output, Consumer Spending Surged in August

China's recovery gained momentum in August as stimulus spending helped boost industrial output, investment and retail sales in the world's third-largest economy, offsetting a slump ...

China's Exports, Trade Surplus Fell in August

China's exports languished in August, contracting 23 percent, increasing the onus on Beijing's massive stimulus spending to drive an economic recovery. Customs data released Friday ...

Asia Markets at New Highs for Year

Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world's largest economy is growing ...

Stocks Resume Rally After Brief Break

Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...

Arena's Obesity Drug Effective but Disappointing

Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...

Housing, Jobless Data Show Fragile Recovery

Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...

World's Carmakers All Aboard Electric Bandwagon

The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...

U.S. Net Worth Grew for First Time Since 2007

Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...

New Jobless Claims Rose Last Week

The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...

Kodak to Shore Up Balance Sheet with Capital Infusion

Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...

China's BYD Sets Sights on Overtaking Toyota

Fast-growing Chinese battery and automaker BYD Co. is thinking big — really big. It aims to overtake Toyota Motor Co. to become the global auto ...

Japan's Q2 Growth Was Weaker Than Estimated

Japan's growth in the second quarter was weaker than initially thought, but government figures still show that the world's second largest economy has managed to ...

Google to Turn Digital Library into Paperbacks

Google Inc. is giving 2 million books in its digital library a chance to be reincarnated as paperbacks. As part of a deal announced Thursday, ...

Manufacturers Lead Growth With Broad-Based Gains

Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...

World Markets Surge on End to U.S. Recession

World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...

Financial Reform Push Gives Way to Inertia, Complacency

The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...

Cablevision Debuts Interactive Ads on TV

Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...

IRS Eases Commercial Mortgage Refinancing Rules

The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...

Shane Kim to Retire from 14-Year Post As Xbox Guru

Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...

Retail, Manufacturing Data Boost Wall Street

Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...

World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve

World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...

China Commissions World's Biggest Solar Power Plant

First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...

At 50 Motown Recalls Founder Berry Gordy

On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...

Global Stocks Rise on M&A Activity, Recovery Signs

The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...

China Unveils 200-Seat Jet at Asia Air Show

China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...

U.S. Falls to 2nd in Economic Competitiveness

The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...

Japan's Current Account Surplus Fell 19.4%

Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the ...