China Car Sales Projected to Hit 20 Mil. in 2012
China's auto production and sales are expected to resume normal growth levels in 2012 after a surprisingly weak market in 2011 following two years of ...
Business
Shuji Nakamura's Soraa Makes LEDs 10 Times Brighter
Soraa is betting that a super-efficient LED can more than make up for its greater cost to shake up the lighting industry.
Homebuying Limits Send China Money Overseas
China's restrictions on homebuying are producing an outflow of investments to overseas housing markets.
Patrick Soon-Shiong to Make Bid for Dodgers
L.A.'s richest man commits himself to taking a stake in the Dodgers.
China Promises 45 Mil. New Jobs, 13% Wage Hike
China's central government promised to create 45 million new jobs and boost the minimum wage 13% a year through 2015 as it faces increasing anger ...
China's Private Firms Posted Biggest Profit Growth
China's industrial firms posted a 25.4% year-on-year rise in profits to a collective 5.45 trillion yuan ($863.68 billion) in 2011.
Pink Slime Not Used in Its China Burgers Says McD's
McDonald's was forced to reveal that it uses a higher quality of beef for its burgers sold in China than in the US after it ...
Apple Appeals After Losing iPad Suit to Taiwan Firm
Apple is appealing a 240 million yuan ($38 million) judgment awarded against it by a Beijing court for infringing a Taiwan firm's trademark on the ...
Yu-Chueh Hung Makes Fish DNA Memory Device
Yu-Chueh Hung has used a medium based on salmon DNA to make a new type of memory device that can store data indefinitely.
Korea to Phase Out Magnetic Strips on Debit Cards
Korea has decided to quickly phase out debit cards with magnetic strips, the Financial Supervisory Service announced Tuesday.
Honda Set to Storm Market for Small Business Jets
The $4.5-million HondaJet is being certified for commercial sale beginning in early 2013 as Honda Motor Company prepares to become a giant in the market ...
Japan Posts First Trade Deficit Since 1980
Japan posted a trade deficit of ¥2.5 trillion ($32.1 bil.) for 2011, the first such deficit since 1980.
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Hyundai Launches China Truck Venture
Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...
Ray Young Replaced As GM CFO by Microsoft CFO
General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now ...
Gasoline Prices Flatten Below $2.60
The world's biggest oil producers seem content with the price of oil and consumers may be just as satisfied, at least for now, with the ...
China's 8% GDP Target for 2010 Seen As Conservative
China's government is targeting 8 percent growth next year as the global economy recovers, the country's industry minister said Monday.
Sands Delays Singapore Casino Opening to April
Las Vegas Sands Chairman Sheldon Adelson said the opening of the company's $5.5 billion Singapore casino and resort has been delayed again
Japan Encouraged by Smaller Export Decline
Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession
Wall Street Awaits Visit from Santa Claus Rally
Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally ...
Natural Gas May Power Global Warming Fight
An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming:
Made-for-Web Shows Start Seeing Off-Line Profits
Web sites that buy original video clips often pay so little that "The Bannen Way," a flashy crime thriller debuting online, looked destined to be ...
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Whole Foods Founder Wants to Go Back to Healthy Roots
The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.
GM to Shut Down Saab After Spyker Talks Fail
General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...
Wyoming Plant to Turn Coal into Gasoline
Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.
Hyatt to Operate 5 New Hotels in India
Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...
Asian Stocks Drop on Slow Recovery Signs
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks
RIM Sees Profits Surge on Record Blackberry Sales
BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income
Calif Space Tourism Firm Inks S. Korea Launch Deal
A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group
Leading Indicators Point to Gradual Recovery
A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly
Nikkei Hits 6-Week High on Lower Yen
Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...
China Car Sales Projected to Hit 20 Mil. in 2012
China's auto production and sales are expected to resume normal growth levels in 2012 after a surprisingly weak market in 2011 following two years of ...
Shuji Nakamura's Soraa Makes LEDs 10 Times Brighter
Soraa is betting that a super-efficient LED can more than make up for its greater cost to shake up the lighting industry.
Homebuying Limits Send China Money Overseas
China's restrictions on homebuying are producing an outflow of investments to overseas housing markets.
Patrick Soon-Shiong to Make Bid for Dodgers
L.A.'s richest man commits himself to taking a stake in the Dodgers.
China Promises 45 Mil. New Jobs, 13% Wage Hike
China's central government promised to create 45 million new jobs and boost the minimum wage 13% a year through 2015 as it faces increasing anger ...
China's Private Firms Posted Biggest Profit Growth
China's industrial firms posted a 25.4% year-on-year rise in profits to a collective 5.45 trillion yuan ($863.68 billion) in 2011.
Pink Slime Not Used in Its China Burgers Says McD's
McDonald's was forced to reveal that it uses a higher quality of beef for its burgers sold in China than in the US after it ...
Apple Appeals After Losing iPad Suit to Taiwan Firm
Apple is appealing a 240 million yuan ($38 million) judgment awarded against it by a Beijing court for infringing a Taiwan firm's trademark on the ...
Yu-Chueh Hung Makes Fish DNA Memory Device
Yu-Chueh Hung has used a medium based on salmon DNA to make a new type of memory device that can store data indefinitely.
Korea to Phase Out Magnetic Strips on Debit Cards
Korea has decided to quickly phase out debit cards with magnetic strips, the Financial Supervisory Service announced Tuesday.
Honda Set to Storm Market for Small Business Jets
The $4.5-million HondaJet is being certified for commercial sale beginning in early 2013 as Honda Motor Company prepares to become a giant in the market ...
Japan Posts First Trade Deficit Since 1980
Japan posted a trade deficit of ¥2.5 trillion ($32.1 bil.) for 2011, the first such deficit since 1980.
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Hyundai Launches China Truck Venture
Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...
Ray Young Replaced As GM CFO by Microsoft CFO
General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now ...
Gasoline Prices Flatten Below $2.60
The world's biggest oil producers seem content with the price of oil and consumers may be just as satisfied, at least for now, with the ...
China's 8% GDP Target for 2010 Seen As Conservative
China's government is targeting 8 percent growth next year as the global economy recovers, the country's industry minister said Monday.
Sands Delays Singapore Casino Opening to April
Las Vegas Sands Chairman Sheldon Adelson said the opening of the company's $5.5 billion Singapore casino and resort has been delayed again
Japan Encouraged by Smaller Export Decline
Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession
Wall Street Awaits Visit from Santa Claus Rally
Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally ...
Natural Gas May Power Global Warming Fight
An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming:
Made-for-Web Shows Start Seeing Off-Line Profits
Web sites that buy original video clips often pay so little that "The Bannen Way," a flashy crime thriller debuting online, looked destined to be ...
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Whole Foods Founder Wants to Go Back to Healthy Roots
The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.
GM to Shut Down Saab After Spyker Talks Fail
General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...
Wyoming Plant to Turn Coal into Gasoline
Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.
Hyatt to Operate 5 New Hotels in India
Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...
Asian Stocks Drop on Slow Recovery Signs
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks
RIM Sees Profits Surge on Record Blackberry Sales
BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income
Calif Space Tourism Firm Inks S. Korea Launch Deal
A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group
Leading Indicators Point to Gradual Recovery
A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly
Nikkei Hits 6-Week High on Lower Yen
Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...
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