Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Business
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Facebook Passes Google in Time Spent Online
U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers
U.S. Jobs, Trade Data Lift World Markets
Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns
Hyundai Debuts Korea's First Electric Car
Hyundai Motor unveiled its first electric car Thursday — the BlueOn — as it moves to catch up with Japanese rivals that have jumped ahead ...
India Car Sales Hit Record in August
Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising
ANA Debuts Japan's First Low-Cost Carrier
Japanese carrier All Nippon Airways said Thursday it's setting up Japan's first low-cost carrier, potentially making flights between Osaka and Tokyo
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Japan's Q2 Growth Was Much Higher Than Thought
Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday
Obama to Push 3 Stimulus Measures in Ohio Speech
Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Top China Firms Surpass U.S. in Profit-to-Sales Ratios
The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
YouTube Launches Live-Streaming Trial
YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.
Obama Set to Win $30 Bil. Small Business Fund Bill
President Barack Obama is poised to win a long-sought victory as Senate Democrats appear likely to win a key vote that would clear the way
Eurozone Industrial Production Flat in July
Industrial production in the 16 countries that use the euro was flat in July from the previous month, official figures showed Tuesday
Yuan Hits New High vs. Dollar Ahead of Hearing
China's currency advanced to a fresh high against the U.S. dollar for the third straight trading day Tuesday, as U.S. lawmakers prepared
Dollar Slides to New 15-Year Low Against Yen
The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while ...
Buffett, Ballmer See Thriving Economy Ahead
Some of the biggest names in business said Monday that they see a bright future for the economy, with famed investor Warren Buffett
Wal-Mart Debuts Branded Wireless Service
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating
Intel Chief Says Content-Shifting Key for Chipmakers
The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices
New Hitachi CEO Pushes Gov't for Lower Yen
The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform
Stimulus-Funded Batteries Polarize Economic Debate
The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
Asian Stocks Rise on China Growth Data
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Nanowire Skin Lets Robots Sense Pressure Changes
Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg
China Data Shows Economy Accelerated in August
August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
China Inflation Rises on Soaring Food Prices
China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth
Hyundai Sonata Poised to Pass Accord in U.S.
Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.
India's Juy Industrial Output Shot Past Projections
India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure
China Trade Surplus, Imports Both Surge in August
China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Carbuyers Likely to See Fewer Deals This August
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers
Eurozone Inflation Eases to 1.6%
Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European
New U.S. Import Duties Likely on Chinese Aluminum
Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Facebook Passes Google in Time Spent Online
U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers
U.S. Jobs, Trade Data Lift World Markets
Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns
Hyundai Debuts Korea's First Electric Car
Hyundai Motor unveiled its first electric car Thursday — the BlueOn — as it moves to catch up with Japanese rivals that have jumped ahead ...
India Car Sales Hit Record in August
Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising
ANA Debuts Japan's First Low-Cost Carrier
Japanese carrier All Nippon Airways said Thursday it's setting up Japan's first low-cost carrier, potentially making flights between Osaka and Tokyo
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Japan's Q2 Growth Was Much Higher Than Thought
Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday
Obama to Push 3 Stimulus Measures in Ohio Speech
Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Top China Firms Surpass U.S. in Profit-to-Sales Ratios
The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
YouTube Launches Live-Streaming Trial
YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.
Obama Set to Win $30 Bil. Small Business Fund Bill
President Barack Obama is poised to win a long-sought victory as Senate Democrats appear likely to win a key vote that would clear the way
Eurozone Industrial Production Flat in July
Industrial production in the 16 countries that use the euro was flat in July from the previous month, official figures showed Tuesday
Yuan Hits New High vs. Dollar Ahead of Hearing
China's currency advanced to a fresh high against the U.S. dollar for the third straight trading day Tuesday, as U.S. lawmakers prepared
Dollar Slides to New 15-Year Low Against Yen
The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while ...
Buffett, Ballmer See Thriving Economy Ahead
Some of the biggest names in business said Monday that they see a bright future for the economy, with famed investor Warren Buffett
Wal-Mart Debuts Branded Wireless Service
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating
Intel Chief Says Content-Shifting Key for Chipmakers
The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices
New Hitachi CEO Pushes Gov't for Lower Yen
The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform
Stimulus-Funded Batteries Polarize Economic Debate
The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
Asian Stocks Rise on China Growth Data
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Nanowire Skin Lets Robots Sense Pressure Changes
Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg
China Data Shows Economy Accelerated in August
August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
China Inflation Rises on Soaring Food Prices
China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth
Hyundai Sonata Poised to Pass Accord in U.S.
Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.
India's Juy Industrial Output Shot Past Projections
India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure
China Trade Surplus, Imports Both Surge in August
China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Carbuyers Likely to See Fewer Deals This August
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers
Eurozone Inflation Eases to 1.6%
Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European
New U.S. Import Duties Likely on Chinese Aluminum
Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
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