China's BYD Triples Profits Ahead of U.S. Plug-In Launch

BYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan

Lawyer Rebuts Prius Acceleration Probe Results

The mystery surrounding a Toyota Prius whose driver reported a stuck accelerator deepened Sunday as the motorist's attorney dismissed a congressional memo

Feds Can't Replicate Runaway Prius Claim

Investigators with Toyota Motor Corp. and the federal government could not replicate the runaway speeding reported by a Prius owner who said his car's accelerator

China Takes $3.1 Bil. Stake in Argentine Energy Firm

Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine

China's New Generation Choosy About Factory Jobs

Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers

China to Bid on Building U.S. High-Speed Train Lines

China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America

105 Owners of Repaired Toyotas Complain of Acceleration

Complaints of sudden acceleration in Toyotas repaired under recalls have nearly doubled in the past two weeks, according to an Associated Press analysis

India Aims to Cool Inflation with Surprise Rate Hike

India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation

Investors Unfazed by Prospects of U.S. Losing AAA Rating

It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating

Boeing Speeds Up 777, 747 Production to Meet Demand

Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.

Health Care Bill Would Tax Investments, Health Insurers

High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.

Samsung Aims for Double-Digit Growth in 2010

Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales

Chinalco to Develop Guinea Mine with Rio Tinto

Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.

Data Shows Brakes Not Applied at Time of NY Prius Crash

Computer data from a Toyota Prius that crashed in suburban New York City show that at the time of the accident the throttle was open ...

Gas Prices Highest Since Oct 2008

Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand

FedEx Sees Solid Global Recovery Led by Asia

FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.

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

Hollywood Joins Bollywood to Fight Indian Film Piracy

Hollywood and Bollywood linked arms Thursday to fight piracy, with the announcement of a coalition among the Motion Picture Association of America

Nissan to Make Leaf Electric Cars in Britain

Nissan Motor Co. said Thursday it will make its electric vehicle, the Leaf, in England from early 2013 as the automaker gears up for global ...

China Mobile Profits Grow 2.3% Amid Intense Competition

China Mobile Ltd., the world's biggest phone carrier by subscribers, said Thursday its 2009 profit rose 2.3 percent over a year earlier

Akio Toyoda Admits Fast Growth Hurt Worker Training

Toyota's training of workers to maintain quality control failed to keep up with the company's rapid growth, its president Akio Toyoda said in an interview

Viacom Gets Court to Unseal YouTube Litigation Secrets

A legal tussle pitting media conglomerate Viacom Inc. against online video leader YouTube is about to get dirtier as a federal judge prepares to release ...

GM Has Shot at 2010 Profit Says New CFO

Japan Central Bank Pushes Lending to Fight Deflation

Japan's central bank is escalating the fight against deflation by offering more cheap loans to banks.

World Bank Boosts China Growth Forecast to 9.5%

The World Bank raised its China growth forecast this year to 9.5 percent from 9 percent on Wednesday but said Beijing needs to cool inflation

Initial Jobless Claims Rise Unexpectedly

The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce

Microsoft Kin Phones to Take on iPhone, Blackberry

Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize

Hawaiian Tops in Service Among 18 Busiest Carriers

Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.

GM China Sales Surge Past Sales in U.S.

General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year — four ...

China Suffers First Trade Deficit in Six Years

China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.

Dow Crosses 11,000 on Growth Signs

The stock market closed at a new 18-month high Friday, with the Dow Jones industrial average briefly touching 11,000 before retreating slightly.

Bank of Korea Keeps Key Rate at Low 2%

South Korea's central bank left its key interest rate at a record low Friday as its new governor begins weighing when to end an 18-month-old ...

Asian Stocks Rise Ahead of GDP Numbers

Asian stock markets were mostly higher Friday ahead of the region's first peek next week at first quarter economic growth numbers.

China Car Sales Jumped 63% in March

China's passenger car sales jumped 63 percent in March from a year earlier as manufacturers scrambled to meet strong demand driven

Apple iPhone to Finally Join Rivals in Multitasting

Apple Inc.'s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple's ...

Budget Deficit Falls to $65.4 Bil. for March

The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion

Intel Software Can Read Thoughts

Mind reading may no longer be the domain of psychics and fortune tellers — now some computers can do it, too.

World Stocks Fall on Greek Debt Fears

World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.

Retailers Report 4th Consecutive Month of Growth

Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.

Toyota Exec Said We Need to Come Clean

Five days before Toyota announced a massive recall, a U.S. public relations executive at the automaker warned colleagues in an internal e-mail: "We need to ...

United, US Airways in Merger Talks

United Airlines and US Airways are in talks about combining into what would be the nation's second-biggest airline, a person with knowledge of the situation

GM to Repay Some Gov't Loans Five Years Early

General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June

Half of U.S. Households Pay No Income Tax

Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.

Growth Expected to Slow in 2010 for Rich Countries

Growth in leading rich economies will slow in the first half of this year, with the United States and Japan outpacing sluggish Europe

Singapore GDP Jumped 32.1% in Q1

Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.

Germany to Grow 1.5% in 2010

The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market

Toyota Conducts Safety Tests on All SUV Models

Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned

Global PC Sales Surged 20% in Q1

Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago

China Q1 Growth Surged to 12% but Inflation Low

More Americans Feel Effects of Recovery

A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.