GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Business
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Nordstrom Profits More Than Double
Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
Akio Toyoda Vows to Change Company's Ways
Toyota's president says he is changing the way the automaker does business as he addresses the safety problems that have led to the recall of ...
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
GE Cut 6% of Workforce in 2009
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession
Nokia Fights to Keep Edge Against Apple, RIM
Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...
Nestle Reports $10 Bil. Year Profits on Solid Growth
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop
Singapore Expects Up to 6.5% GDP Growth
Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.
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.
Asian Stocks Slide on U.S. Consumer Confidence Drop
Asian stock markets slid Wednesday after a plunge in American consumer confidence magnified worries about the U.S. recovery.
Gilette, PGA Move on Without Tiger Woods
The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial
GM Effort to Sell Hummer to Chinese Firm Collapses
Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment
Bloom Stays Secretive on Day Promised for Fuel Cell Debut
Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts
Saks Loss Shrinks in Q4
Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced
Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins
Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size
Fishermen Rally Against Federal Catch Limits
Thousands of fishermen from around the country are gathering Wednesday in front of the Capitol to demand changes to a federal fisheries law
China Firm Seeks Private Equity to Close Hummer Buy
The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators
Hyundai Recalls Sonata to Replace Door Latches
Hyundai Motor on Wednesday announced a recall of about 47,000 of its new Sonata sedans to replace front door latches following a handful
News Corp Posts Profits on Advertising Rebound
News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million
Silicon Valley Firm to Unveil Breakthrough Fuel Cell
A secretive Silicon Valley startup working on a new way to produce cleaner energy is taking the wraps off its product: a huge box of ...
Intel Suffered Hacker Attack Same Time As Google's
Intel Corp. has revealed that it was targeted by a "sophisticated" hacker attack this year at about the same time as a spying probe that ...
Toyota Says Recalls May Not Fix Acceleration Problem
Toyota's top U.S. official says the company's massive recalls may "not totally" solve the company's problems with unintended acceleration
Wall Street Bonuses Up 17% in Bailout Year
Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown
100-MPH Lexus Ride to Set Tone for Toyota Hearing
Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday
China Unicom Denies Bidding on Nigerian Phone Co.
State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports
Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee
The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.
$1.5 Bil. LAX Expansion Construction Begins
Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport
LG Expects to Sell 140 Mil. Cell Phones in 2010
LG Electronics Inc. said Wednesday that it expects a significant increase in mobile phone sales this year as it rolls out 20 new smartphones
Kodak Sues Apple, RIM for Infringing Camera Patents
Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras
Retail Sales Fall, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles
World Markets Rise As China Cooling Fears Ease
World stock markets rebounded Thursday as receding worries about credit-tightening in China bolstered companies across Asia
Google Founders Likely Force Behind China Stand
Google Inc. co-founders Sergey Brin and Larry Page have always said they put their principles before profit, even to the point of using their control
China Will Stay Top Car Market Says GM Exec
China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Nordstrom Profits More Than Double
Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
Akio Toyoda Vows to Change Company's Ways
Toyota's president says he is changing the way the automaker does business as he addresses the safety problems that have led to the recall of ...
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
GE Cut 6% of Workforce in 2009
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession
Nokia Fights to Keep Edge Against Apple, RIM
Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...
Nestle Reports $10 Bil. Year Profits on Solid Growth
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop
Singapore Expects Up to 6.5% GDP Growth
Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.
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.
Asian Stocks Slide on U.S. Consumer Confidence Drop
Asian stock markets slid Wednesday after a plunge in American consumer confidence magnified worries about the U.S. recovery.
Gilette, PGA Move on Without Tiger Woods
The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial
GM Effort to Sell Hummer to Chinese Firm Collapses
Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment
Bloom Stays Secretive on Day Promised for Fuel Cell Debut
Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts
Saks Loss Shrinks in Q4
Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced
Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins
Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size
Fishermen Rally Against Federal Catch Limits
Thousands of fishermen from around the country are gathering Wednesday in front of the Capitol to demand changes to a federal fisheries law
China Firm Seeks Private Equity to Close Hummer Buy
The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators
Hyundai Recalls Sonata to Replace Door Latches
Hyundai Motor on Wednesday announced a recall of about 47,000 of its new Sonata sedans to replace front door latches following a handful
News Corp Posts Profits on Advertising Rebound
News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million
Silicon Valley Firm to Unveil Breakthrough Fuel Cell
A secretive Silicon Valley startup working on a new way to produce cleaner energy is taking the wraps off its product: a huge box of ...
Intel Suffered Hacker Attack Same Time As Google's
Intel Corp. has revealed that it was targeted by a "sophisticated" hacker attack this year at about the same time as a spying probe that ...
Toyota Says Recalls May Not Fix Acceleration Problem
Toyota's top U.S. official says the company's massive recalls may "not totally" solve the company's problems with unintended acceleration
Wall Street Bonuses Up 17% in Bailout Year
Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown
100-MPH Lexus Ride to Set Tone for Toyota Hearing
Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday
China Unicom Denies Bidding on Nigerian Phone Co.
State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports
Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee
The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.
$1.5 Bil. LAX Expansion Construction Begins
Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport
LG Expects to Sell 140 Mil. Cell Phones in 2010
LG Electronics Inc. said Wednesday that it expects a significant increase in mobile phone sales this year as it rolls out 20 new smartphones
Kodak Sues Apple, RIM for Infringing Camera Patents
Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras
Retail Sales Fall, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles
World Markets Rise As China Cooling Fears Ease
World stock markets rebounded Thursday as receding worries about credit-tightening in China bolstered companies across Asia
Google Founders Likely Force Behind China Stand
Google Inc. co-founders Sergey Brin and Larry Page have always said they put their principles before profit, even to the point of using their control
China Will Stay Top Car Market Says GM Exec
China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
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