Bailed Out Dairy Industry Must Restructure: Ag Sect'y
The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week ...
Business
3-D TVs Shown at Japan Electronics Show
Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
FTC Regulates Online Reviews, Blogs, Testimonials
The Federal Trade Commission on Monday took steps to make product information and online reviews more accurate for consumers, regulating blogging for the first time ...
Las Vegas CityCenter Slashes Condo Prices
Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed ...
Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Vonage Apps Allow Free Foreign Calls for iPhone, BB
Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...
Mazda to Raise $1.1 Bil. for R&D
Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...
Growth in Durables Orders Sends Stocks Up
Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation
LG Chem Adds Mitsubishi Motors As Battery Client
Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
China Studio Buys Stake in Hollywood Production Firm
The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio
ADB Raises Asia Growth Forecast to 8.2%
The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned
Blackberry Maker Unveils Small Tablet for Business
The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...
Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart
Wal-Mart-Stores Inc. says it has offered to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion.
Nestle to Expand Herbal Medicine Business
Nestle plans to plow hundreds of millions of dollars into expanding its medical nutrition business over the next decade, hoping to capitalize
Asian Stocks Enjoy Bounce After Holidays
Asian stock markets kicked off a new week of trading in good spirits, encouraged by an improvement in U.S. economic indicators and higher metal prices.
Hyndai Recalls 2011 Sonatas for Steering Glitch
Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata sedans in the U.S. because of a manufacturing defect that could cause drivers
IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.
The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking
Toys R Us to Hire 45,000 Workers, Plans Stock Sale
Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.
Korea Wins Control of UK's Dana Petroleum
Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted
Asia Has 3 of World's Most Expensive Shopping Streets
A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul
Asia Stocks Dip on U.S. Jobs Data, Strong Yen
Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.
HSBC CEO to Leave After Losing Bid for Chairmanship
HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...
German Business Mood Highest in 3 Years
German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business
Japan Intervenes Again to Weaken Yen
Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.
Jobless Claims Nudge Back Up to 465,000
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market
Home Sales Rose to 2nd Lowest Level of Decade
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales
Blockbuster Seeks Chapter 11 Protection
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
France Hobbled by Strikes Over Retirement Age
French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
Cheap, Hi-Tech Toys Top Christmas List
This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars
Digital Reading Squeezes Out Finland's Paper Mills
Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office
Asia Stocks Rise on Hopes of More U.S. Stimulus
Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus
Japan Business Confidence Rises for 6th Straight Quarter
Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Bailed Out Dairy Industry Must Restructure: Ag Sect'y
The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week ...
3-D TVs Shown at Japan Electronics Show
Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
FTC Regulates Online Reviews, Blogs, Testimonials
The Federal Trade Commission on Monday took steps to make product information and online reviews more accurate for consumers, regulating blogging for the first time ...
Las Vegas CityCenter Slashes Condo Prices
Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed ...
Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Vonage Apps Allow Free Foreign Calls for iPhone, BB
Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...
Mazda to Raise $1.1 Bil. for R&D
Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...
Growth in Durables Orders Sends Stocks Up
Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation
LG Chem Adds Mitsubishi Motors As Battery Client
Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
China Studio Buys Stake in Hollywood Production Firm
The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio
ADB Raises Asia Growth Forecast to 8.2%
The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned
Blackberry Maker Unveils Small Tablet for Business
The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...
Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart
Wal-Mart-Stores Inc. says it has offered to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion.
Nestle to Expand Herbal Medicine Business
Nestle plans to plow hundreds of millions of dollars into expanding its medical nutrition business over the next decade, hoping to capitalize
Asian Stocks Enjoy Bounce After Holidays
Asian stock markets kicked off a new week of trading in good spirits, encouraged by an improvement in U.S. economic indicators and higher metal prices.
Hyndai Recalls 2011 Sonatas for Steering Glitch
Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata sedans in the U.S. because of a manufacturing defect that could cause drivers
IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.
The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking
Toys R Us to Hire 45,000 Workers, Plans Stock Sale
Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.
Korea Wins Control of UK's Dana Petroleum
Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted
Asia Has 3 of World's Most Expensive Shopping Streets
A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul
Asia Stocks Dip on U.S. Jobs Data, Strong Yen
Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.
HSBC CEO to Leave After Losing Bid for Chairmanship
HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...
German Business Mood Highest in 3 Years
German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business
Japan Intervenes Again to Weaken Yen
Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.
Jobless Claims Nudge Back Up to 465,000
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market
Home Sales Rose to 2nd Lowest Level of Decade
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales
Blockbuster Seeks Chapter 11 Protection
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
France Hobbled by Strikes Over Retirement Age
French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
Cheap, Hi-Tech Toys Top Christmas List
This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars
Digital Reading Squeezes Out Finland's Paper Mills
Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office
Asia Stocks Rise on Hopes of More U.S. Stimulus
Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus
Japan Business Confidence Rises for 6th Straight Quarter
Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
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