Foreign Purchase of U.S. Treasuries Plunged in April

Indie Movie Studio Launches with $300 Mil. Financing

Foreign Direct Investments in China Fell 17.8% in May

Six Flags Files Chapter 11 Bankruptcy

Some Think GM Should Take on New Name

California Firm Says China Stole Code for Net Porn Filter

Buyers Hold the Power in Home Sales

The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of ...

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 ...

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 ...

Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid

Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...

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 ...

Taxpayers Likely to Lose Billions on Auto Bailout

Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a ...

Mortgage Giants Struggling a Year After Fed Takeover

A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no ...

Mitsubishi, Peugeot to Launch Electric Car

PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to launch an electric car in Europe by the end of 2010, the companies said Friday. ...

Prius Japan's Top Seller for 4th Month

An auto industry group says Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in August for the fourth straight month. The Japan Automobile ...

Boeing Plane Orders Fell 11% in August

Boeing Co. said Thursday orders for its commercial jets fell 11 percent in August, as weaker demand for air travel forces airlines to scale back ...

OECD Sees Earlier Recovery Than Forecast

The world economy is headed for an earlier recovery than previously forecast, although the pace of the rebound will likely remain modest for some time ...

Japan's Dainippon Buys Sepracor for $2.6 Bil.

Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...

Japanese Machinery Orders Fell 9.3%

Japanese machinery orders, a closely watched indicator of corporate capital spending, fell back in July after rising the previous month, the government said Thursday, suggesting ...

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 ...

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 ...

Trade, Jobless Data Support Recovery Optimism

The U.S. trade deficit in July hit the highest level in six months as a record rise in imports outpaced a third straight increase in ...

China to Buy $50 Bil. of First IMF Bond Issue

China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...

Asia, Europe Rise on Fed Optimism

European and Asian stocks rose Thursday and Wall Street was expected to gain at the open after a Federal Reserve report boosted hopes the U.S. ...

Cal High Court Lets Stand Starbucks Award Reversal

The California Supreme Court will not review a appeals court ruling that wiped out an $86 million judgment against coffee giant Starbucks over tip sharing ...

Rhapsody Streaming Music App Okayed for iPhones

RealNetworks Inc.'s subscription music service Rhapsody has been approved for use on iPhones and iPod Touches, the first time Apple Inc. has allowed an on-demand ...

Fed Survey Shows U.S. Recession Ended

The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the ...

Small Businesses Becoming More Optimistic

Small business owners are joining consumers and investors in showing some cautious optimism about the economy. An index that measures owners' optimism rose last month, ...

China's Beijing Auto Joins in Saab Takeover Bid

China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General ...

Asia, Europe Stocks Drop on Export Fear of Weak Dollar

European and Asian stocks drifted lower Wednesday as a drop in the value of the dollar hit world exporters, pushing investors to cash in on ...

Fed Plan to Boost Int'l Visitors Includes $10 Fee

Lawmakers are working together at least one bipartisan venture before turning their full attention to health care. The Senate appears poised to pass a bill ...