Ma Ready to Sign On Trade Deal with China
Negotiators from China and Taiwan worked Thursday to finish a bilateral trade deal that seems destined to change the island's character in a way not ...
Business
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Tokyo Raises Growth Forcast to 2.6 Percent
Japan's economy, the world's second largest, will expand at a faster pace in the current fiscal year than previously forecast as robust exports to Asia ...
Asian Stocks Down on Fitch Downgrade
Asian stock markets fell in early trading Tuesday on renewed concern over Europe's economic crisis after Fitch Ratings
Stocks Fall on Waning Faith in Yuan Impact
Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
Japan Carmakers Report Global Production Surge
Toyota's global car production zoomed 27 percent in May as Japanese automakers benefit from improving demand in Asia and the U.S.
Tesla IPO Raises $226 Mil., Shares Surge
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money
Distillers Dare Drinkers to Try Flesh-Flavored Vodkas
Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored
Foxconn to Build Megaplant in China Despite Deaths
Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings
Google Agrees to Stop Sending China Search to HK
Google Inc. said Tuesday it will stop automatically rerouting users of its China search site to its Hong Kong site after Beijing threatened the company
Japan's Economic Recovery Faltered in May
Japan's economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate
Interest Rates Falls to Lowest Level in 14 Months
A darkening view of the economy sent bond market interest rates to their lowest level in 14 months and kept many investors out of the ...
Apple Sells 1.7 Mil. iPhone 4 in 3 Days
Apple Inc. said Monday that it sold more than 1.7 million units of its new iPhone model in the first three days, making it the ...
U.S. Forced to Turn to Asia for Shrimp
As the Gulf Coast oil spill continues to gush, U.S. seafood suppliers are turning to Asia to ensure Americans have enough shrimp for their gumbos, ...
Consumer Spending, Incomes Up Slightly in May
Consumer spending rose slightly in May, a sign that Americans are cautious about the economic recovery.
Toyota Adds Quality Time to Car Development Timeline
Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of ...
Neighborhood Gas Stations Suffer from BP Boycott
Tension is mounting between BP and the neighborhood retailers that sell its gasoline.
Hu Warns of Threat from Currency Fluctuations
China's president says wildly fluctuating currency exchange rates can threaten world financial markets.
Banking Reform Could Push Some Trading to Asia
Will the U.S. financial overhaul push big firms to transfer business to Europe? Some say no: Europe is also working on efforts to tighten up ...
iPhone 4 Users Report Reception Problems
First there's the anticipation. Then, the long lines, followed by the triumphant walk out of the Apple store, new gadget in hand.
China's Currency Rises to New High Ahead of G-20
China's currency surged Friday to its highest level yet, with the central bank setting the daily official level at 6.7896 yuan to the dollar, acting ...
Solar Company, China's First World Cup Sponsor
China did not qualify for the World Cup, but the country is still making an appearance in South Africa. An ambitious Chinese solar company, the ...
Japan Consumer Prices Fall for 15th Month in May
Japanese consumer prices fell for the 15th straight month in May as deflation kept its grip on the world's second biggest economy.
Asian Markets Stumble Over Concerns for U.S. Recovery
Asian stock markets stumbled early Friday, falling after downbeat forecasts from retailers in the U.S. pulled shares down on Wall Street.
GE Profits Rise but Revenues Slip 4%
Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday
Halliburton Profits Jump 83%
Halliburton Co. says its second-quarter profit soared 83 percent as natural gas drilling activity picked up in the U.S.
Moody's Cuts Ireland Credit Rating
The Moody's agency cut Ireland's credit rating Monday, citing the country's swelling national debt, the unpredictable cost of its bank-bailout plans
Europe Stocks Anticipate Wall Street Rebound
European stock markets rose Monday as investors looked past a downgrade of Ireland's public debt and instead bet on a rebound on Wall Street
Phillips Profits Jump 5-Fold on Strong TV Sales
Football fans buying new flat screen televisions to watch the World Cup helped Dutch electronics maker Royal Philips Electronics NV post
Recovery Continues at Slower Pace
Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs
Investors Dump Stocks Despite Strong Profit Reports
Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure. Earnings gushed last week like ...
Airbus, Boeing Kick Off Show with Big Orders
Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow
China, Japan Cut U.S. Treasury Holdings in May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
Jobs Has Imperfect Response for iPhone Glitch
A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception
Nokia Siemens Buys Motorola Network
Nokia Siemens Networks says it will acquire the majority of Motorola's wireless operations in a $1.2 billion deal.
Stocks Rise in Europe As Asia Slips on U.S. Concerns
European stock markets rose Friday, helped by a late rally on Wall Street overnight, while the euro headed towards $1.30 for the first time
Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO
Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai
Google Q2 Shares Fall on Rising Payroll Costs
Google Inc. is doing its part to stimulate the economy and hurting its stock in the process. With its payroll
Europe Debt Crisis Eases on News from Germany, Spain
Europe got scraps of positive news Thursday in its battle to overcome a government debt crisis, as Germany cut its budget deficit forecast
Apple to Address iPhone 4 Antenna Problem Friday
Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints
Wholesale Prices Fall for 3rd Consecutive Month
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished
New Jobless Claims Fall Sharply Again
New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
JPMorgan Profits Soar to $4.8 Bil. in Q2
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans
Asia Stocks Rise, Europe Falls on Goldman Earnings
European stocks and Wall Street futures fell Tuesday after lower than expected earnings from U.S. investment bank Goldman Sachs
US Airways Posts Big Profit, AMR Cuts Loss
US Airways joined Delta and United in posting a big second-quarter profit. American Airlines missed the party.
Tiger Woods Endorsements Fall $22 Mil. in 2010
Tiger Woods' estimated endorsements for 2010 are worth $22 million less than last year, according to Sports Illustrated's annual analysis
Ma Ready to Sign On Trade Deal with China
Negotiators from China and Taiwan worked Thursday to finish a bilateral trade deal that seems destined to change the island's character in a way not ...
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Tokyo Raises Growth Forcast to 2.6 Percent
Japan's economy, the world's second largest, will expand at a faster pace in the current fiscal year than previously forecast as robust exports to Asia ...
Asian Stocks Down on Fitch Downgrade
Asian stock markets fell in early trading Tuesday on renewed concern over Europe's economic crisis after Fitch Ratings
Stocks Fall on Waning Faith in Yuan Impact
Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
Japan Carmakers Report Global Production Surge
Toyota's global car production zoomed 27 percent in May as Japanese automakers benefit from improving demand in Asia and the U.S.
Tesla IPO Raises $226 Mil., Shares Surge
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money
Distillers Dare Drinkers to Try Flesh-Flavored Vodkas
Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored
Foxconn to Build Megaplant in China Despite Deaths
Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings
Google Agrees to Stop Sending China Search to HK
Google Inc. said Tuesday it will stop automatically rerouting users of its China search site to its Hong Kong site after Beijing threatened the company
Japan's Economic Recovery Faltered in May
Japan's economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate
Interest Rates Falls to Lowest Level in 14 Months
A darkening view of the economy sent bond market interest rates to their lowest level in 14 months and kept many investors out of the ...
Apple Sells 1.7 Mil. iPhone 4 in 3 Days
Apple Inc. said Monday that it sold more than 1.7 million units of its new iPhone model in the first three days, making it the ...
U.S. Forced to Turn to Asia for Shrimp
As the Gulf Coast oil spill continues to gush, U.S. seafood suppliers are turning to Asia to ensure Americans have enough shrimp for their gumbos, ...
Consumer Spending, Incomes Up Slightly in May
Consumer spending rose slightly in May, a sign that Americans are cautious about the economic recovery.
Toyota Adds Quality Time to Car Development Timeline
Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of ...
Neighborhood Gas Stations Suffer from BP Boycott
Tension is mounting between BP and the neighborhood retailers that sell its gasoline.
Hu Warns of Threat from Currency Fluctuations
China's president says wildly fluctuating currency exchange rates can threaten world financial markets.
Banking Reform Could Push Some Trading to Asia
Will the U.S. financial overhaul push big firms to transfer business to Europe? Some say no: Europe is also working on efforts to tighten up ...
iPhone 4 Users Report Reception Problems
First there's the anticipation. Then, the long lines, followed by the triumphant walk out of the Apple store, new gadget in hand.
China's Currency Rises to New High Ahead of G-20
China's currency surged Friday to its highest level yet, with the central bank setting the daily official level at 6.7896 yuan to the dollar, acting ...
Solar Company, China's First World Cup Sponsor
China did not qualify for the World Cup, but the country is still making an appearance in South Africa. An ambitious Chinese solar company, the ...
Japan Consumer Prices Fall for 15th Month in May
Japanese consumer prices fell for the 15th straight month in May as deflation kept its grip on the world's second biggest economy.
Asian Markets Stumble Over Concerns for U.S. Recovery
Asian stock markets stumbled early Friday, falling after downbeat forecasts from retailers in the U.S. pulled shares down on Wall Street.
GE Profits Rise but Revenues Slip 4%
Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday
Halliburton Profits Jump 83%
Halliburton Co. says its second-quarter profit soared 83 percent as natural gas drilling activity picked up in the U.S.
Moody's Cuts Ireland Credit Rating
The Moody's agency cut Ireland's credit rating Monday, citing the country's swelling national debt, the unpredictable cost of its bank-bailout plans
Europe Stocks Anticipate Wall Street Rebound
European stock markets rose Monday as investors looked past a downgrade of Ireland's public debt and instead bet on a rebound on Wall Street
Phillips Profits Jump 5-Fold on Strong TV Sales
Football fans buying new flat screen televisions to watch the World Cup helped Dutch electronics maker Royal Philips Electronics NV post
Recovery Continues at Slower Pace
Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs
Investors Dump Stocks Despite Strong Profit Reports
Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure. Earnings gushed last week like ...
Airbus, Boeing Kick Off Show with Big Orders
Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow
China, Japan Cut U.S. Treasury Holdings in May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
Jobs Has Imperfect Response for iPhone Glitch
A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception
Nokia Siemens Buys Motorola Network
Nokia Siemens Networks says it will acquire the majority of Motorola's wireless operations in a $1.2 billion deal.
Stocks Rise in Europe As Asia Slips on U.S. Concerns
European stock markets rose Friday, helped by a late rally on Wall Street overnight, while the euro headed towards $1.30 for the first time
Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO
Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai
Google Q2 Shares Fall on Rising Payroll Costs
Google Inc. is doing its part to stimulate the economy and hurting its stock in the process. With its payroll
Europe Debt Crisis Eases on News from Germany, Spain
Europe got scraps of positive news Thursday in its battle to overcome a government debt crisis, as Germany cut its budget deficit forecast
Apple to Address iPhone 4 Antenna Problem Friday
Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints
Wholesale Prices Fall for 3rd Consecutive Month
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished
New Jobless Claims Fall Sharply Again
New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
JPMorgan Profits Soar to $4.8 Bil. in Q2
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans
Asia Stocks Rise, Europe Falls on Goldman Earnings
European stocks and Wall Street futures fell Tuesday after lower than expected earnings from U.S. investment bank Goldman Sachs
US Airways Posts Big Profit, AMR Cuts Loss
US Airways joined Delta and United in posting a big second-quarter profit. American Airlines missed the party.
Tiger Woods Endorsements Fall $22 Mil. in 2010
Tiger Woods' estimated endorsements for 2010 are worth $22 million less than last year, according to Sports Illustrated's annual analysis
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