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China Warning to Banks Pushes Down Stocks

World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months

Citi Upgrades Global Growth Forecasts

Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.

Home Sales Growth Restarts Stock Rally

Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected

Commercial Real Estate Danger Seen by Panel

Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes

Japan's Q4 GDP Grew at 4.6%

Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.

Foreign Donuteers Assault China's Picky Snackers

Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.

China Raises Reserves to Cool Lending

China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes

Toyota Bids to Regain Trust by Widening Disclosure

Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal

Motorola to Split into 2 Companies

Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...

Yang, Filo to Sell 5 Million Shares of Yahoo

The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months

New Jobless Claims Data Raise Recovery Hopes

The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month

World Markets Rise on Greece Bailout Hopes

World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence

Bank of Korea Keeps Interest Rates at Record Low

South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...

Wireless Carriers Unite for Universal Apps

The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software

China Inflation Eases, Cuts Interest-Rate Pressure

A spike in China's inflation eased in January, reducing pressure for Beijing to hike interest rates and cool surging prices as it tries to keep ...

Silicon Valley Economy May Be Losing Global Edge

Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.

Americans Spent Modestly in January

Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year ...

Opera to Unveil Unapproved Browser for iPhone

Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference

World Markets Rise on Greece Bailout Prospects

Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package

Toyota Reprograms Prius Brake Software in Japan

Prius owners in Japan are rushing to dealers for repairs a day after Toyota's president announced a global recall for a glitch in the car's ...

China Imports Skyrocket As Trade Enters Full Recovery

China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track.

Honda Adds 437,000 Cars to Global Airbag Recall

Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese ...

Toyota Considers Recall of Corolla Power Steering

Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker

Manufacturing Growth Offsets Jobless Rate, Lifts Stocks

The stock market edged higher as news of stronger regional manufacturing offset concerns about unemployment and weak sales at Wal-Mart.

Bayer Regeneron Eye Drug Meets Study Goal

Regeneron Pharmaceuticals Inc. and Bayer HealthCare AG said Thursday their developing VEGF Trap-Eye drug met key vision improvement goals

Wal-Mart Profits Jump Amid Declining Sales

Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world's largest retailer cut costs and slimmed down its inventories.

Daimler's Q4 Loss Bigger Than Expected

German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...

U.S. to Probe Toyota Corolla Power Steering

The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering

Sands Loss Narrows on Gambling Rebound in Macau, Vegas

Casino operator Las Vegas Sands Corp. said Wednesday that its fourth-quarter loss narrowed as its casinos in Macau showed a strong recovery

HP Profits Grow 25% on PC Sales, Cost-Cutting

Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.

Eurozone Exports Shrank 18% in 2009

Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...

Baidu Posts 48% Profit Jump on Booming Growth

Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed.

World Markets Rise on Strong U.S. Earnings

Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.

Four Top U.S. Carriers Vie for Central Tokyo Route

The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic

Metronics Introduces Brain-Stimulation Implants

Medtronic Inc. said Tuesday it began marketing two surgically implanted devices that are intended to help relieve symptoms for patients with neurodegenerative diseases.

Foreign Demand for U.S. Securities Falls

The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing

Kraft Profits More than Treble on Rising Sales

Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits

World Markets Cautiously Up on Barclays Earnings

World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...

Akio Toyoda Agrees to Answer More Questions

Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday

Toyota May Extend Warranties to Keep Customers

Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls.

Southwest Expects Record Revenues in 2010

Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.

Dollar Surges Against Euro on Greek Debt Crisis

The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...

Surprise Drop in Jobless Soothes Jumpy Markets

European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried

Toyota Chairman Apologizes for Brake Worries

Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation

BMW Sales More Than Double in China

Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.

U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence

World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe

Toyota Expands Recall to Priuses Sold in U.S., Japan

Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday

Feds Oppose Google's Digital Book Deal

The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...

IPO Market Suddenly Looks Less Promising

Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...

Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme

An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...