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Shoppers Return Strong for Post-Christmas Spree

Shoppers returned to malls Saturday, rummaging through thinly stocked shelves hunting for deals, next year's Christmas gifts and, for most, gifts for themselves.

Senate Health Care Plan May Hurt Insurers Initially

Health insurers get some big presents in the Senate's health overhaul bill — about 20 million new customers and no competition from a new government ...

Loan Modification Program Turns Blind Eye to Lying

The government shouldn't reward liars. But that's the effect of changes to the Obama administration's failing program to help homeowners modify their mortgages.

Google Looks to Dominate Mobile Ads with AdMob

Four years ago, Omar Hamoui was just another ineffectual entrepreneur trying to spruce up his resume in graduate school.

Senate Raises Debt Ceiling to $12.4 Tril.

The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit

Treasury Removes Cap for Fannie, Freddie Aid

The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.

Durable Goods, Jobs Data Drive Up Stocks

Stocks rose Thursday after positive reports on unemployment and durable goods orders showed the economy is continuing to recover.

U.S. Feared on Course to Repeat Japan's Lost Decade

Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists

Boeing Fixes 787 Flaws, Vows Test Flight by Yearend

Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners.

China Signals Intention to Let Yuan Rise

The dollar edged up in trading against other currencies Thursday as the Chinese government appeared to signal that it may be willing to let the ...

Intel Settles AMD Dispute for $1.25 Bil., Faces Charges

Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics,

China Automotive Systems Sees Profits Surge

China Automotive Systems Inc., which makes power steering components, said Thursday that third-quarter profit rose sharply on a boost in sales of components

Macy's Posts Smaller Loss, Raises Outlook

Macy's Inc.'s third-quarter loss shrunk as tight inventory controls and a move to localize merchandise at its department stores by region paid off.

HP Moves into Networking with $2.7 Bil. 3Com Buy

Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...

Applied Materials to Cut At Least 1,300 Jobs

Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs

ExpressJet Reports 8% Traffic Increase

ExpressJet Holdings Inc. said traffic on its airlines rose 8 percent and planes were more full in October than they were a year ago.

Small Businesses Cut Costs with Home Workers

There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.

Federal Deficit Hits New Record in October

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...

Asian Stocks Rise on Growth in China, Japan

Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track

China Consumer Growth Offsets Export Decline

The slump in China's exports eased last month as industrial output and retail sales rose sharply, the government said Wednesday, showing that recovery in the ...

U.S. Recovery Threatened by Unemployment Says World Bank

Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession

GM Chief Engineer Relieved Opel Staying with GM

When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer.

Adobe to Cut 680 Full-Time Jobs

dobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 ...

New England Recovery Slower Than Nation's

The worst of the recession may be over, but a new economic forecast points to a "slow and weak recovery" in the New England states, ...

Asia Stocks Rise on Wall Street Surge

Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this ...

Cisco Systems Borrows $5 Bil.to Fuel Buying Binge

Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total ...

GM Reports $1.2 Bil. Loss, Sees Turnaround

General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...

Korean Regulator Approves iPhone

South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone

Saks Surprises with Q3 Profits

Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...

Coca Cola Bets on China, India for Fast Growth

Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...

Time Warner to Spin Off AOL Dec. 9

Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.

Nissan, FedEx Urge Massive Move toward Electric Cars

A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...

China Solar Panel Giant to Build Plant in Phoenix

Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix

Korea Exchange, CME Partner for After-Hours Futures Trading

Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures

Stocks Jump on Upbeat Retail Data

Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected

Sprint to Cut Up to 2,500 Jobs

Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.

Japan Reports Surprising 4.8% Growth in Q3

Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion

GE to Develop Aviation Electronics with China Firm

>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers

Sands to Resume Macau Casino Resort Construction

U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction

China Wants U.S. to Raise Rates to Save Recovery

China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices

Google Cedes Partial Control over Online Library

Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...

Rich Buying Again but Middle Class Still Hurting

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...

Eurozone Emerged from Recession in Q3

The 16-country eurozone has officially joined the United States and Japan out of recession, after figures Friday showed its economy grew by 0.4 percen

Volkswagen, Audi Sales Up 11% on China Boom

German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October

Ford Sales Rose 3% in October on Strong Demand

Strong demand for cars and crossovers lifted Ford's U.S. sales 3 percent in October, a positive sign for automakers who are hoping a healthier economy ...

PayPal May Soon Overshadow Parent eBay

Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will ...

GM Decision to Keep Opel Arouses Indignation

Workers at automaker Opel planned walkouts to protest General Motor Co.'s decision not to sell the European subsidiary, while Germany's government vowed Wednesday to recover ...

Nissan Returns to Profit on China Sales Growth

Struggling Japanese automaker Nissan Motor Co. said Wednesday it climbed back into the black in the latest quarter and predicted a smaller yearly loss

iPhone Has Disappointing China Debut

Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company ...

Disney Theme Park Approved for Shanghai

China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co. said Wednesday, a major step toward setting a ...