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Hynix Reports First Quarterly Profit in Two Years

Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...

S. Korea Economy Grew at Fastest Pace in 7 Years

South Korea's economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and capital spending as Asian ...

Feds Unveil Plans to Limit Top Executive Pay at Banks

The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...

Hulu May Start Charging for Video Access

Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...

India's Reva to Build Electric Cars in New York

An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...

Asia Stocks Fall on Wells, China Stimulus Cut Fears

World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...

Hyundai Posts Treble in Q3 to New Record

Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...

China Growth Revs Up to 8.9% in Q3

China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...

Chain Restaurants Compete to Lure Elusive Diners

Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...

Qi Lu Announces Microsoft Search Deal with Twitter

Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...

Motorola Cliq May Impress Some As "Sick"

Imagine how you'd feel if you peaked in middle school. That's pretty much what happened to cell phone maker Motorola Inc., which had a megahit ...

Newspapers Report Record Circulation Losses

Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to ...

Japan Carmakers Report Record China Production

Japanese automakers are experiencing a production boom in China with Toyota, Honda and Nissan setting records for September — the latest signs of an emerging ...

Asian Markets Fall on U.S. Consumer Sentiment

Global stock markets dropped Wednesday as more signs American consumers were struggling undermined hopes for a stronger turnaround in the world's largest economy.

Ex-AMD CEO Fingered As Leaker in Galleon Case

Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential ...

GMAC in Talks with Treasury for 3rd Round of Bailout

GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline ...

7 Calif Cities Top Nation in Median Home Values

Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of ...

Bill Zeroes in on Overseas Tax-Dodge Schemes

Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy tax dodgers hiding money overseas.

IBM Adds $5 Bil. to Share Buyback Program

IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the ...

Nissan Unveils New Platform for Global Minicars

It has become a vexing, billion-dollar question for the world's automakers: How do you build small, cheap cars profitably?

Honda Avoids Loss, Forecasts Surprising Profits

Japanese government incentives for green cars and strong sales in China helped Honda Motor Co. avoid red ink for the first half and raise its ...

Comcast to Debut Shows Online for Subscribers

You'll be able to watch popular cable television series such as HBO's "Entourage" and AMC's "Mad Men" on your computer by the end of the ...

Recession Over but Suffering Continues

It's about to become official: The recession is over — but not the pain. The government will release figures this week expected to show that ...

Hertz Boosts Earnings Guidance for 2009

Hertz Global Holdings Inc. on Monday raised its earnings guidance for the year by more than 40 percent

Asian Stocks Drop on Doubts Over U.S. Recovery

Asian stocks retreated Tuesday, following losses on Wall Street amid rising concerns the markets have gotten ahead of economic realities. European markets gained modestly.

Baidu Q3 Profits Jump 42% but Outlook Soft

Baidu Inc., which runs China's leading Internet search engine, said Monday that its third-quarter profit jumped 42 percent as revenue from online marketing services climbed.

Dollar Rises After Hitting 14-Month Low

The dollar reversed direction after hitting a 14-month low against the euro in volatile trading Monday after a regional Chinese central bank researcher argued for ...

Corning Profits Slip but TV Glass Demand Rises

Corning Inc. said Monday that demand is rebounding for its flat-screen television glass but the specialty glass maker's third-quarter profit fell 16 percent from a ...

Netflix to Stream Movies Through PlayStation 3

PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox ...

3-D Likely to Be Next Big Home TV Upgrade

Fans scrambled to see 3-D movies such as "Cloudy with a Chance of Meatballs" in theaters this year and new 3-D televisions could soon have ...

Internet to Expand with Non-Latin Domain Names

The Internet is set to undergo one of the biggest changes in its four-decade history with the expected approval this week of international domain names ...

Google Earns Record Profit on Revenue Growth

Google Inc. shifted into a higher gear in the third quarter and began to leave the recession behind as the 11-year-old Internet search leader recorded ...

States Sue Feds for Billions in Unclaimed Savings Bonds

The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading ...

India's Natural Gas Tied Up by Brothers' $17 Bil. Fued

An ashen Anil Ambani, one of the world's richest men, stood before a clutter of television cameras, close to tears. "There is only pain, hurt ...

Peanuts Have Crackerjack Year After Salmonella Scare

Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for ...

China to Open Stock Market for Small Firms

Trading on China's new stock market catering to smaller companies will begin Oct. 23, the chairman of the country's securities regulator said Saturday.

2009 Federal Deficit to Reach $1.4 Tril.

What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of ...

U.S. Assets Attract Rising Foreign Demand

Foreign demand for long-term U.S. financial assets rose in August even though China trimmed its holdings of Treasury securities. Foreigners purchased $28.6 billion more

BOA Reports $2.2 Bil. Loss on Rising Bad Loans

Bank of America Corp. says it lost more than $2 billion in the third quarter as its loan losses continued to rise. The nation's second-largest ...

Twitter Launches Japanese Mobile Site

Twitter Inc. now speaks Japanese — and it plans to be multilingual within months. The popular microblogging service launched a Japan-based mobile version Thursday, hoping ...

IBM Profits Jump, Boosts '09 Guidance

IBM Corp. has jacked up its profit guidance for the second time this year, a sign of the company's confidence that it can uncork more ...

Chevron Announces New Gas Find Off Australia

Energy company Chevron Corp. said Sunday it has made an additional discovery of natural gas in the giant Gorgon gas field being developed off the ...

California Home Sales Up 1% in September

The number of homes sold in California last month ticked up last month from August, as low mortgage rates and eagerness to cash in on ...

AMD Reports Strong Sales on Rising CPU Demand

Advanced Micro Devices Inc. lost money in the third quarter but said Thursday that sales were stronger than expected, adding to mounting evidence that consumer ...

China Sept. Data Shows Return to Robust Growth

China's foreign direct investment and power usage rose in September, in the latest evidence the country's economic recovery is gaining momentum. Foreign direct investment in ...

Gap to Resume TV Ads, Expand into China

The apparel retailer Gap Inc. on Thursday announced plans to return to television advertising in November for its namesake brand, after a two-year hiatus,

House Banking Panel Votes to Regulate Derivatives

A House panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman ...

Goldman Earnings Top $3 Bil. on Trading Profits

Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a ...

VisionChina Media to Buy Subway Advertising Leader

VisionChina Media Inc., which operates digital advertising screens on mass transportation systems in China, said Thursday it will buy subway advertising company Digital Media Group ...

Asian Markets Extend Rally on U.S. Profits Data

Asian stocks extended their rise Thursday after better-than-expected earnings reports from U.S. companies helped push the Dow Jones industrial average pass the 10,000 mark for ...

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