Daimler Missed Chance to Avoid Bribery Troubles
At a 1999 meeting in Germany, board members at Daimler, one of the world's largest vehicle manufacturers, took a step that could have saved the ...
Business
German Consumer Spending Shows Signs of Life
A small rise in retail sales offered a hopeful sign Thursday for Germany's long-sluggish domestic demand, even as the country's economy minister
Gas Prices Likely to Fall Over July 4th Weekend
The economy may be making people nervous, but drivers should have a happy Fourth of July at the pump.
Economy Still Headed in Right Direction Says Obama
President Barack Obama on Friday cast the state of the economy in upbeat terms, declaring that it was headed in the right direction even as ...
China Revises 2009 Growth Upward to 9.1%
China's economy grew even faster in 2009 than previously reported, adding to concern the flood of stimulus spending and loans that drove its
GM Sales in China Overtake U.S. on Surging Demand
General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.
Toshiba to Enter Electric Car Battery Market
Japanese electronics maker Toshiba Corp. said Friday it's jumping into the battery business for electric vehicles in a development deal with Mitsubishi
Video Game Retail Sales Fall on Lower Console Prices
Video game retail sales slipped once again in May, hurt by lower prices of gaming consoles.
Google to Buy Travel Tech Firm ITA for $700 Mil.
Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer ...
GM Reports June Sales Drop from May
Sales of General Motors Co. cars and trucks fell nearly 13 percent from May to June, a sign that this year's slow recovery in auto ...
Global Stocks Slide on Growth Slowdown Fears
Global stock markets fell Thursday after weak manufacturing surveys provided new evidence that the world's biggest economies, from the U.S. to China
More Private Sector Jobs Bring Down Jobless Rate
A wave of census layoffs cut the nation's payrolls in June for the first time in six months, while private employers added a modest number ...
Japan Business Confidence at 2-Year High
Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.
Toyota Reports Faulty Engines in 270,000 Cars
Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines
Microsoft Kills Off Kin Line of Phones Mid-Rollout
For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two
Scientists Conduct Toyota Acceleration Study
The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study
Ford Pays $4 Bil. More to Reduce Debt Load
Ford Motor Co. says it's making another $4 billion payment on its huge debt.
Britain May Slip Back into Recession on Weak Exports
Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets
Asia Falls on Fears of Slowing in China, U.S.
European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries
China Honey Producers Run Afoul of Tough U.S. Laws
Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...
Consumer Confidence Falls Most Since Feb.
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...
Ethnic Vegetables Sprout New Sales for U.S. Farmers
Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...
Peugeot Citroen Has Record Half Year on China Demand
Strong demand for new cars in China helped French auto maker PSA Peugeot Citroen SA report Wednesday a record number of unit sales
First-Class Stamps to Cost $0.46 in 2011
Buy those Forever stamps now. The cost of mailing a letter is going up again. Fighting to survive a deepening financial crisis, the Postal Service
China Agricultural Bank IPO Sets World Record $19.2 Bil.
The Agricultural Bank of China's initial public offering has raised more than $19 billion in what could turn out to be the largest IPO ever.
Dow Ends 7-Day Slide with Modest Gain
The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
Service Sector Data Shows Slightly Slower Growth
The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery
Gas Prices Continue Slide After July 4th Weekend
Drivers are finding lower gas pump prices now that the July 4th weekend is over and prices are likely to keep sliding.
Economic Stress Continues Easing in Most U.S. Counties
Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures
World Markets Rise on Bargain Hunting
World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street
Toyota Begins Global Lexus Recall for Engine Defect
Toyota started a global recall over engine defects in its Lexus and Crown models, moving to repair more than 95,000 vehicles in Japan and South ...
Stocks Skid on Renewed Global Slowdown Fears
No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Healthcare Bill Kick In to Expand Coverage
The first stage of President Barack Obama's health care overhaul is expected to provide coverage to about 1 million uninsured Americans
Mercedes June Sales Up 13% on China, U.S. Demand
Sales of Mercedes-Benz cars were up 13.2 percent in the year to June as strong demand for the premium brand in China and the United ...
Chrysler to Set Up Separate Fiat Dealer Network
Chrysler Group LLC will set up a separate dealership network to sell cars made by Italy's Fiat Group SpA when they are reintroduced in the ...
Toyota Recalls 92,000 Luxury Cars in Japan
Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines — the latest setback
Asian Stocks Mixed on Conflicting U.S. Economic Data
Asian stock markets were mixed in early trading Monday as a disappointing U.S. jobs report sparked worries that a recovery in the world's largest
Obama Awards $2 Bil. for Solar Power Plants
The government is handing out nearly $2 billion for new solar plants that President Barack Obama says will create thousands of jobs
China Workers End Another Electronics Plant Strike
Workers at a Japanese-owned electronics plant in northern China have ended a strike over pay and benefits after four days
China's Young Workers More Assertive with Rights
Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being ...
G-20 Leaders Face Concerns Over Rising Deficits
World leaders who addressed a severe economic crisis with an unprecedented show of strength last year are finding it harder to maintain their
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Greater Oil Demands Expected from China and India
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China
Fed Expected to Keep Rates at Record Lows
To sustain the fragile economic rebound, the Federal Reserve is sure to leave interest rates at record lows
Strike Forces Honda to Halt China Production Again
Honda Motor Co., which has been repeatedly forced to suspend production in China due to strikes, again halted operations
German Auto Industry Returns to Boom Times
Germany's car industry, the backbone of Europe's largest economy, is booming again.
Daimler Missed Chance to Avoid Bribery Troubles
At a 1999 meeting in Germany, board members at Daimler, one of the world's largest vehicle manufacturers, took a step that could have saved the ...
German Consumer Spending Shows Signs of Life
A small rise in retail sales offered a hopeful sign Thursday for Germany's long-sluggish domestic demand, even as the country's economy minister
Gas Prices Likely to Fall Over July 4th Weekend
The economy may be making people nervous, but drivers should have a happy Fourth of July at the pump.
Economy Still Headed in Right Direction Says Obama
President Barack Obama on Friday cast the state of the economy in upbeat terms, declaring that it was headed in the right direction even as ...
China Revises 2009 Growth Upward to 9.1%
China's economy grew even faster in 2009 than previously reported, adding to concern the flood of stimulus spending and loans that drove its
GM Sales in China Overtake U.S. on Surging Demand
General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.
Toshiba to Enter Electric Car Battery Market
Japanese electronics maker Toshiba Corp. said Friday it's jumping into the battery business for electric vehicles in a development deal with Mitsubishi
Video Game Retail Sales Fall on Lower Console Prices
Video game retail sales slipped once again in May, hurt by lower prices of gaming consoles.
Google to Buy Travel Tech Firm ITA for $700 Mil.
Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer ...
GM Reports June Sales Drop from May
Sales of General Motors Co. cars and trucks fell nearly 13 percent from May to June, a sign that this year's slow recovery in auto ...
Global Stocks Slide on Growth Slowdown Fears
Global stock markets fell Thursday after weak manufacturing surveys provided new evidence that the world's biggest economies, from the U.S. to China
More Private Sector Jobs Bring Down Jobless Rate
A wave of census layoffs cut the nation's payrolls in June for the first time in six months, while private employers added a modest number ...
Japan Business Confidence at 2-Year High
Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.
Toyota Reports Faulty Engines in 270,000 Cars
Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines
Microsoft Kills Off Kin Line of Phones Mid-Rollout
For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two
Scientists Conduct Toyota Acceleration Study
The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study
Ford Pays $4 Bil. More to Reduce Debt Load
Ford Motor Co. says it's making another $4 billion payment on its huge debt.
Britain May Slip Back into Recession on Weak Exports
Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets
Asia Falls on Fears of Slowing in China, U.S.
European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries
China Honey Producers Run Afoul of Tough U.S. Laws
Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...
Consumer Confidence Falls Most Since Feb.
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...
Ethnic Vegetables Sprout New Sales for U.S. Farmers
Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...
Peugeot Citroen Has Record Half Year on China Demand
Strong demand for new cars in China helped French auto maker PSA Peugeot Citroen SA report Wednesday a record number of unit sales
First-Class Stamps to Cost $0.46 in 2011
Buy those Forever stamps now. The cost of mailing a letter is going up again. Fighting to survive a deepening financial crisis, the Postal Service
China Agricultural Bank IPO Sets World Record $19.2 Bil.
The Agricultural Bank of China's initial public offering has raised more than $19 billion in what could turn out to be the largest IPO ever.
Dow Ends 7-Day Slide with Modest Gain
The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
Service Sector Data Shows Slightly Slower Growth
The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery
Gas Prices Continue Slide After July 4th Weekend
Drivers are finding lower gas pump prices now that the July 4th weekend is over and prices are likely to keep sliding.
Economic Stress Continues Easing in Most U.S. Counties
Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures
World Markets Rise on Bargain Hunting
World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street
Toyota Begins Global Lexus Recall for Engine Defect
Toyota started a global recall over engine defects in its Lexus and Crown models, moving to repair more than 95,000 vehicles in Japan and South ...
Stocks Skid on Renewed Global Slowdown Fears
No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Healthcare Bill Kick In to Expand Coverage
The first stage of President Barack Obama's health care overhaul is expected to provide coverage to about 1 million uninsured Americans
Mercedes June Sales Up 13% on China, U.S. Demand
Sales of Mercedes-Benz cars were up 13.2 percent in the year to June as strong demand for the premium brand in China and the United ...
Chrysler to Set Up Separate Fiat Dealer Network
Chrysler Group LLC will set up a separate dealership network to sell cars made by Italy's Fiat Group SpA when they are reintroduced in the ...
Toyota Recalls 92,000 Luxury Cars in Japan
Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines — the latest setback
Asian Stocks Mixed on Conflicting U.S. Economic Data
Asian stock markets were mixed in early trading Monday as a disappointing U.S. jobs report sparked worries that a recovery in the world's largest
Obama Awards $2 Bil. for Solar Power Plants
The government is handing out nearly $2 billion for new solar plants that President Barack Obama says will create thousands of jobs
China Workers End Another Electronics Plant Strike
Workers at a Japanese-owned electronics plant in northern China have ended a strike over pay and benefits after four days
China's Young Workers More Assertive with Rights
Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being ...
G-20 Leaders Face Concerns Over Rising Deficits
World leaders who addressed a severe economic crisis with an unprecedented show of strength last year are finding it harder to maintain their
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Greater Oil Demands Expected from China and India
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China
Fed Expected to Keep Rates at Record Lows
To sustain the fragile economic rebound, the Federal Reserve is sure to leave interest rates at record lows
Strike Forces Honda to Halt China Production Again
Honda Motor Co., which has been repeatedly forced to suspend production in China due to strikes, again halted operations
German Auto Industry Returns to Boom Times
Germany's car industry, the backbone of Europe's largest economy, is booming again.
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