Honda Returns to Profitability on China, India Demand
Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand
Business
Greek Debt Crisis Spreads to Portugal
Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday
Sands Opens $5.7-Bil. Singapore Casino Resort
Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state
World Markets Slide on China Fears, Greek Glitch
Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility
S. Korea GDP Growing at Annualized 7.5% Rate
South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.
Gasoline Prices Set to Rise As Recession Fades
After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
Hertz to Buy Dollar Thrifty for $1.2 Bil.
Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash
U.S. Newspaper Circulations Fall 8.7%
Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.
Germany Nixes Bailout Until Greece Inks Austerity Measures
German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union
Caterpillar Returns to Profit, Signals Strong Outlook
Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last
Treasury to Begin Selling Off Citigroup Shares
The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.
Murdoch Turns Up WSJ Heat on New York Times
It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers
China Carmakers Announce Global Expansion Plans
Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Avis Offers to Top Hertz Bid for Dollar Thrifty
Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
United, Continental Merge into World's Biggest Airline
United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.
Asian Stocks Drop as China Raises Bank Reserve
Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation
Shanghai Expo Irresistable Draw for Business World
China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo
China Manufacturing Accelerated in April on Domestic Demand
A survey says China's manufacturing accelerated in April as domestic demand increased.
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
SEC's Goldman Probe Could Widen to Other Banks
Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Toyota Recalls 600,000 Sienna Minivans
As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Honda Returns to Profitability on China, India Demand
Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand
Greek Debt Crisis Spreads to Portugal
Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday
Sands Opens $5.7-Bil. Singapore Casino Resort
Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state
World Markets Slide on China Fears, Greek Glitch
Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility
S. Korea GDP Growing at Annualized 7.5% Rate
South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.
Gasoline Prices Set to Rise As Recession Fades
After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
Hertz to Buy Dollar Thrifty for $1.2 Bil.
Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash
U.S. Newspaper Circulations Fall 8.7%
Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.
Germany Nixes Bailout Until Greece Inks Austerity Measures
German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union
Caterpillar Returns to Profit, Signals Strong Outlook
Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last
Treasury to Begin Selling Off Citigroup Shares
The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.
Murdoch Turns Up WSJ Heat on New York Times
It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers
China Carmakers Announce Global Expansion Plans
Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Avis Offers to Top Hertz Bid for Dollar Thrifty
Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
United, Continental Merge into World's Biggest Airline
United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.
Asian Stocks Drop as China Raises Bank Reserve
Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation
Shanghai Expo Irresistable Draw for Business World
China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo
China Manufacturing Accelerated in April on Domestic Demand
A survey says China's manufacturing accelerated in April as domestic demand increased.
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
SEC's Goldman Probe Could Widen to Other Banks
Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Toyota Recalls 600,000 Sienna Minivans
As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
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