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 ...
Business
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 ...
Toyota Pushes into Hyundai Country
Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry ...
Toyota Unveils Bigger Hybrid-Only Model
Toyota Motor Corp. has unveiled a more expensive and bigger hybrid-only model than its hit Prius, underlining the Japanese automaker's ambitions to make green technology ...
China's Geely in Talks to Buy Volvo from Ford
Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...
Video Game Sales Improve in September
After six straight months of double-digit declines, U.S. video game sales finally saw an improvement in September. But the rebound was much more muted than ...
Honda May Move Fit Production to U.S.
Honda Motor Co. says it may move production of the popular Fit hatchback to the U.S. to offset the effects of a stronger yen. Spokesman ...
Morgan Stanley Sells Consumer Unit to Invesco
Morgan Stanley said Tuesday it will sell its retail asset management business, including the Van Kampen division, to money manager Invesco Ltd. for $1.5 billion ...
Apple Earnings Surge 47% on iPhone Sales
Apple Inc. increased its net income 47 percent in the most recent quarter as more people bought Mac computers and gave in to the iPhone ...
Stocks Rise as Earnings Beat Views
Investors found a fresh appetite for stocks Monday after a handful of earnings reports revived hopes that the economy is improving.
JAL Shares Surge on Gov't Rescue Plan
Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.
China Growth Over 7% for Jan-Sept 2009
China's economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 ...
Asia Stocks Rise Eyeing U.S., China Earnings
Asian stock markets were mostly higher Monday as investors looked to bellwether U.S. companies and China for guideposts to the strength of recovery in two ...
Wall Street Awaits Earnings of Consumer Bellwethers
After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights ...
China Car Sales Jump 72% in October
Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month
China Consumer Growth Offsets Export Decline
The slump in China's exports eased last month as industrial output and retail sales rose sharply, the government said Wednesday, showing that recovery in the ...
U.S. Recovery Threatened by Unemployment Says World Bank
Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession
GM Chief Engineer Relieved Opel Staying with GM
When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer.
Adobe to Cut 680 Full-Time Jobs
dobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 ...
New England Recovery Slower Than Nation's
The worst of the recession may be over, but a new economic forecast points to a "slow and weak recovery" in the New England states, ...
Asia Stocks Rise on Wall Street Surge
Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this ...
Cisco Systems Borrows $5 Bil.to Fuel Buying Binge
Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total ...
Sprint to Cut Up to 2,500 Jobs
Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.
Google to Buy Ad Mob for $750 Mil.
Google Inc. is stepping up its push to sell advertising on cell phones, announcing a deal Monday to buy a mobile ad network, AdMob, for ...
World Markets Boosted by G-20 Stimulus Pledge
World stock markets rose Monday and the dollar fell sharply against the euro after the Group of 20 leading rich and developing countries agreed to ...
Asian Stocks Rise on Growth in China, Japan
Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track
Northrop Sells TASC to Fund Stock Buyback Increase
Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg ...
Fry's, Safeway Prepare for Possible Strike
In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting ...
Unemployed Suffer More Now Than in 1982
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
India Hopes to Top 7% Growth Rate in 2010
The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make ...
CBS Sees Ad Sales Bouncing Back
The sale of popular TV shows partly offset a drop in third-quarter advertising revenue at CBS Corp. but the company said ad trends are improving ...
Recovery Won't Keep Unemployment from Passing 10%
The economy is rebounding from its deepest slump since the 1930s, but it probably won't seem that way when the government releases its monthly employment ...
AIG Posts Profit for 2nd Consecutive Quarter
AIG says it was profitable for the second straight quarter as its core insurance operations continue to stabilize after being bailed out by the government ...
World Unemployment Up Despite Emerging Recovery
Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are ...
Starbucks Sees More Customers Spending More
More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, an executive said Thursday.
Boeing Fixes 787 Flaws, Vows Test Flight by Yearend
Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners.
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Sands to Resume Macau Casino Resort Construction
U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction
China Wants U.S. to Raise Rates to Save Recovery
China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices
Google Cedes Partial Control over Online Library
Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...
Rich Buying Again but Middle Class Still Hurting
American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...
Eurozone Emerged from Recession in Q3
The 16-country eurozone has officially joined the United States and Japan out of recession, after figures Friday showed its economy grew by 0.4 percen
Volkswagen, Audi Sales Up 11% on China Boom
German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October
Federal Deficit Hits New Record in October
The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...
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 ...
Toyota Pushes into Hyundai Country
Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry ...
Toyota Unveils Bigger Hybrid-Only Model
Toyota Motor Corp. has unveiled a more expensive and bigger hybrid-only model than its hit Prius, underlining the Japanese automaker's ambitions to make green technology ...
China's Geely in Talks to Buy Volvo from Ford
Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...
Video Game Sales Improve in September
After six straight months of double-digit declines, U.S. video game sales finally saw an improvement in September. But the rebound was much more muted than ...
Honda May Move Fit Production to U.S.
Honda Motor Co. says it may move production of the popular Fit hatchback to the U.S. to offset the effects of a stronger yen. Spokesman ...
Morgan Stanley Sells Consumer Unit to Invesco
Morgan Stanley said Tuesday it will sell its retail asset management business, including the Van Kampen division, to money manager Invesco Ltd. for $1.5 billion ...
Apple Earnings Surge 47% on iPhone Sales
Apple Inc. increased its net income 47 percent in the most recent quarter as more people bought Mac computers and gave in to the iPhone ...
Stocks Rise as Earnings Beat Views
Investors found a fresh appetite for stocks Monday after a handful of earnings reports revived hopes that the economy is improving.
JAL Shares Surge on Gov't Rescue Plan
Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.
China Growth Over 7% for Jan-Sept 2009
China's economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 ...
Asia Stocks Rise Eyeing U.S., China Earnings
Asian stock markets were mostly higher Monday as investors looked to bellwether U.S. companies and China for guideposts to the strength of recovery in two ...
Wall Street Awaits Earnings of Consumer Bellwethers
After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights ...
China Car Sales Jump 72% in October
Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month
China Consumer Growth Offsets Export Decline
The slump in China's exports eased last month as industrial output and retail sales rose sharply, the government said Wednesday, showing that recovery in the ...
U.S. Recovery Threatened by Unemployment Says World Bank
Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession
GM Chief Engineer Relieved Opel Staying with GM
When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer.
Adobe to Cut 680 Full-Time Jobs
dobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 ...
New England Recovery Slower Than Nation's
The worst of the recession may be over, but a new economic forecast points to a "slow and weak recovery" in the New England states, ...
Asia Stocks Rise on Wall Street Surge
Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this ...
Cisco Systems Borrows $5 Bil.to Fuel Buying Binge
Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total ...
Sprint to Cut Up to 2,500 Jobs
Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.
Google to Buy Ad Mob for $750 Mil.
Google Inc. is stepping up its push to sell advertising on cell phones, announcing a deal Monday to buy a mobile ad network, AdMob, for ...
World Markets Boosted by G-20 Stimulus Pledge
World stock markets rose Monday and the dollar fell sharply against the euro after the Group of 20 leading rich and developing countries agreed to ...
Asian Stocks Rise on Growth in China, Japan
Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track
Northrop Sells TASC to Fund Stock Buyback Increase
Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg ...
Fry's, Safeway Prepare for Possible Strike
In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting ...
Unemployed Suffer More Now Than in 1982
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.
India Hopes to Top 7% Growth Rate in 2010
The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make ...
CBS Sees Ad Sales Bouncing Back
The sale of popular TV shows partly offset a drop in third-quarter advertising revenue at CBS Corp. but the company said ad trends are improving ...
Recovery Won't Keep Unemployment from Passing 10%
The economy is rebounding from its deepest slump since the 1930s, but it probably won't seem that way when the government releases its monthly employment ...
AIG Posts Profit for 2nd Consecutive Quarter
AIG says it was profitable for the second straight quarter as its core insurance operations continue to stabilize after being bailed out by the government ...
World Unemployment Up Despite Emerging Recovery
Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are ...
Starbucks Sees More Customers Spending More
More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, an executive said Thursday.
Boeing Fixes 787 Flaws, Vows Test Flight by Yearend
Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners.
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Sands to Resume Macau Casino Resort Construction
U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction
China Wants U.S. to Raise Rates to Save Recovery
China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices
Google Cedes Partial Control over Online Library
Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...
Rich Buying Again but Middle Class Still Hurting
American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...
Eurozone Emerged from Recession in Q3
The 16-country eurozone has officially joined the United States and Japan out of recession, after figures Friday showed its economy grew by 0.4 percen
Volkswagen, Audi Sales Up 11% on China Boom
German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October
Federal Deficit Hits New Record in October
The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...
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