Business
Job Losses to Continue During Nascent Recovery
The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from ...
Non-Auto Retail Sales Better Than Expected in Sept.
Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers ...
Goldman Earnings Top $3 Bil. on Trading Profits
Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a ...
VisionChina Media to Buy Subway Advertising Leader
VisionChina Media Inc., which operates digital advertising screens on mass transportation systems in China, said Thursday it will buy subway advertising company Digital Media Group ...
Asian Markets Extend Rally on U.S. Profits Data
Asian stocks extended their rise Thursday after better-than-expected earnings reports from U.S. companies helped push the Dow Jones industrial average pass the 10,000 mark for ...
S&P Downgrades Southwest Airlines
Standard & Poor's downgraded Southwest Airlines Co. one notch on Wednesday, citing lower demand for travel and weak pricing that have cut into the company's ...
JPMorgan Earned $3.6 Bil. Despite High Loan Losses
JPMorgan Chase & Co. reported strong third-quarter earnings Wednesday as its thriving investment banking business more than offset rising loan losses that the bank warned ...
Online Subs Put WSJ Ahead of USA Today
The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...
Oracle Turns Up Rhetoric As Server Sales Go to IBM
Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle ...
Dow Closes Above 10,000 for First Time in Year
The Dow Jones industrial average is back above 10,000 for the first time in a year. The Dow crossed five figures Wednesday seven months after ...
PC Shipments Rise in Q3, Bodes Well for Holidays
Worldwide shipments of personal computers edged back up in the third quarter, according to researchers, a promising sign for the industry as it heads into ...
House Banking Panel Votes to Regulate Derivatives
A House panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman ...
China Export Slump Eases, Lending Surges
China's export slump eased in September as global demand showed signs of recovery and banks stepped up lending to help fuel a turnaround in the ...
Dollar Hits 14-Month Low Against Euro
The dollar slid to a 14-month low against the euro Wednesday as investor appetite for risk increased following upbeat comments from Intel Corp.
Intel Boosts Wall Street Despite Profits Drop
Intel Corp. has been asserting for months that the personal computer business is rebounding from its deepest slump in nearly a decade. Its stock jumped ...
Kindle eBooks Get Mixed Reviews on College Campuses
It's an experiment that has made back-to-school a little easier on the back: Amazon.com gave more than 200 college students its Kindle e-reading device this ...
Bloomberg to Buy BusinessWeek for Pittance
Bloomberg LP is buying BusinessWeek magazine in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling ...
China Widens Auto Sales Lead with 78% September Jump
China has widened its lead over the U.S. as the world's top auto market, with September sales vaulting 78 percent, spurred by tax cuts and ...
2 IPOs to Test U.S. Appetite for China Stocks
Two Chinese IPOs expected to start trading this week are going to be a gauge for Americans' taste for Beijing's offerings, some of which have ...
India Auto Sales Jump 17.1% in September
India's auto sales rose 17.1 percent in September from a year earlier to 212,975 vehicles, as holiday buying, easier credit and rising consumer confidence fueled ...
U.S. Assets Attract Rising Foreign Demand
Foreign demand for long-term U.S. financial assets rose in August even though China trimmed its holdings of Treasury securities. Foreigners purchased $28.6 billion more
Asia Stocks Rise Eyeing U.S., China Earnings
Asian stock markets were mostly higher Monday as investors looked to bellwether U.S. companies and China for guideposts to the strength of recovery in two ...
Wall Street Awaits Earnings of Consumer Bellwethers
After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights ...
Chevron Announces New Gas Find Off Australia
Energy company Chevron Corp. said Sunday it has made an additional discovery of natural gas in the giant Gorgon gas field being developed off the ...
States Sue Feds for Billions in Unclaimed Savings Bonds
The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading ...
India's Natural Gas Tied Up by Brothers' $17 Bil. Fued
An ashen Anil Ambani, one of the world's richest men, stood before a clutter of television cameras, close to tears. "There is only pain, hurt ...
Peanuts Have Crackerjack Year After Salmonella Scare
Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for ...
China to Open Stock Market for Small Firms
Trading on China's new stock market catering to smaller companies will begin Oct. 23, the chairman of the country's securities regulator said Saturday.
2009 Federal Deficit to Reach $1.4 Tril.
What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of ...
Job Losses to Continue During Nascent Recovery
The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from ...
Non-Auto Retail Sales Better Than Expected in Sept.
Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers ...
Goldman Earnings Top $3 Bil. on Trading Profits
Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a ...
VisionChina Media to Buy Subway Advertising Leader
VisionChina Media Inc., which operates digital advertising screens on mass transportation systems in China, said Thursday it will buy subway advertising company Digital Media Group ...
Asian Markets Extend Rally on U.S. Profits Data
Asian stocks extended their rise Thursday after better-than-expected earnings reports from U.S. companies helped push the Dow Jones industrial average pass the 10,000 mark for ...
S&P Downgrades Southwest Airlines
Standard & Poor's downgraded Southwest Airlines Co. one notch on Wednesday, citing lower demand for travel and weak pricing that have cut into the company's ...
JPMorgan Earned $3.6 Bil. Despite High Loan Losses
JPMorgan Chase & Co. reported strong third-quarter earnings Wednesday as its thriving investment banking business more than offset rising loan losses that the bank warned ...
Online Subs Put WSJ Ahead of USA Today
The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...
Oracle Turns Up Rhetoric As Server Sales Go to IBM
Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle ...
Dow Closes Above 10,000 for First Time in Year
The Dow Jones industrial average is back above 10,000 for the first time in a year. The Dow crossed five figures Wednesday seven months after ...
PC Shipments Rise in Q3, Bodes Well for Holidays
Worldwide shipments of personal computers edged back up in the third quarter, according to researchers, a promising sign for the industry as it heads into ...
House Banking Panel Votes to Regulate Derivatives
A House panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman ...
China Export Slump Eases, Lending Surges
China's export slump eased in September as global demand showed signs of recovery and banks stepped up lending to help fuel a turnaround in the ...
Dollar Hits 14-Month Low Against Euro
The dollar slid to a 14-month low against the euro Wednesday as investor appetite for risk increased following upbeat comments from Intel Corp.
Intel Boosts Wall Street Despite Profits Drop
Intel Corp. has been asserting for months that the personal computer business is rebounding from its deepest slump in nearly a decade. Its stock jumped ...
Kindle eBooks Get Mixed Reviews on College Campuses
It's an experiment that has made back-to-school a little easier on the back: Amazon.com gave more than 200 college students its Kindle e-reading device this ...
Bloomberg to Buy BusinessWeek for Pittance
Bloomberg LP is buying BusinessWeek magazine in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling ...
China Widens Auto Sales Lead with 78% September Jump
China has widened its lead over the U.S. as the world's top auto market, with September sales vaulting 78 percent, spurred by tax cuts and ...
2 IPOs to Test U.S. Appetite for China Stocks
Two Chinese IPOs expected to start trading this week are going to be a gauge for Americans' taste for Beijing's offerings, some of which have ...
India Auto Sales Jump 17.1% in September
India's auto sales rose 17.1 percent in September from a year earlier to 212,975 vehicles, as holiday buying, easier credit and rising consumer confidence fueled ...
U.S. Assets Attract Rising Foreign Demand
Foreign demand for long-term U.S. financial assets rose in August even though China trimmed its holdings of Treasury securities. Foreigners purchased $28.6 billion more
Asia Stocks Rise Eyeing U.S., China Earnings
Asian stock markets were mostly higher Monday as investors looked to bellwether U.S. companies and China for guideposts to the strength of recovery in two ...
Wall Street Awaits Earnings of Consumer Bellwethers
After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights ...
Chevron Announces New Gas Find Off Australia
Energy company Chevron Corp. said Sunday it has made an additional discovery of natural gas in the giant Gorgon gas field being developed off the ...
States Sue Feds for Billions in Unclaimed Savings Bonds
The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading ...
India's Natural Gas Tied Up by Brothers' $17 Bil. Fued
An ashen Anil Ambani, one of the world's richest men, stood before a clutter of television cameras, close to tears. "There is only pain, hurt ...
Peanuts Have Crackerjack Year After Salmonella Scare
Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for ...
China to Open Stock Market for Small Firms
Trading on China's new stock market catering to smaller companies will begin Oct. 23, the chairman of the country's securities regulator said Saturday.
2009 Federal Deficit to Reach $1.4 Tril.
What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of ...
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