Fortune Makes Big Changes to Cope with Ad Slump
Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...
Business
Home Sales Rebound on Tax Credit, Foreclosures
With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.
Amazon Profits Blow Past Estimates
Amazon.com Inc.'s third-quarter results blew past analyst expectations, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.
Kia Profits Swell to Record on Sales Growth
Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean ...
$300-Bil Est. for National High-Speed Rail Lines
Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects
Taiwan Lifts Ban on U.S. Beef in Bone
Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.
Hynix Reports First Quarterly Profit in Two Years
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...
3-D TVs Shown at Japan Electronics Show
Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...
Feds Unveil Plans to Limit Top Executive Pay at Banks
The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...
Hulu May Start Charging for Video Access
Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...
India's Reva to Build Electric Cars in New York
An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...
Asia Stocks Fall on Wells, China Stimulus Cut Fears
World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...
Hyundai Posts Treble in Q3 to New Record
Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...
China Growth Revs Up to 8.9% in Q3
China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...
Chain Restaurants Compete to Lure Elusive Diners
Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...
Qi Lu Announces Microsoft Search Deal with Twitter
Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...
New Electrics Grab Focus at Frankfurt Auto Show
Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...
World Markets Surge on End to U.S. Recession
World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...
Financial Reform Push Gives Way to Inertia, Complacency
The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...
Cablevision Debuts Interactive Ads on TV
Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...
IRS Eases Commercial Mortgage Refinancing Rules
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...
Shane Kim to Retire from 14-Year Post As Xbox Guru
Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...
Retail, Manufacturing Data Boost Wall Street
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...
Japan Air Lines Hopes to Conclude Merger Talks Soon
Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...
August Retail Sales Up Mainly on Auto, Gas
Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...
Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings
Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...
Manufacturers Lead Growth With Broad-Based Gains
Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...
Yahoo Gains $150 Mil. on Sale of Alibaba Stake
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...
JAL Shares Surge on American, Delta Interest
Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...
NEC, Casio, Hitachi to Merge Cell Phone Business
Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...
Majority of Americans Still Troubled by Economy
One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...
World Markets Rattled by U.S.-China Tire Tariff Dispute
European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...
U.S. Banks Return to Risky Investments
A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...
Last U.S. China Maker Survives on Vintage Design
Born of the Great Depression, it was a glossy, color-saturated line of cups, bowls and plates meant to affordably brighten lives and dinner tables. Seven ...
American, Delta Mull Stake in JAL
American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...
Arena's Obesity Drug Effective but Disappointing
Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Multinationals Break Vietnam Laws Promoting Breast-Feeding
Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...
Stocks Resume Rally After Brief Break
Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...
Airlines Cut Flights to Lowest Level Since 2001
The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...
Housing, Jobless Data Show Fragile Recovery
Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...
World's Carmakers All Aboard Electric Bandwagon
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...
U.S. Net Worth Grew for First Time Since 2007
Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...
New Jobless Claims Rose Last Week
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...
Kodak to Shore Up Balance Sheet with Capital Infusion
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...
Fortune Makes Big Changes to Cope with Ad Slump
Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...
Home Sales Rebound on Tax Credit, Foreclosures
With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.
Amazon Profits Blow Past Estimates
Amazon.com Inc.'s third-quarter results blew past analyst expectations, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.
Kia Profits Swell to Record on Sales Growth
Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean ...
$300-Bil Est. for National High-Speed Rail Lines
Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects
Taiwan Lifts Ban on U.S. Beef in Bone
Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.
Hynix Reports First Quarterly Profit in Two Years
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...
3-D TVs Shown at Japan Electronics Show
Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...
Feds Unveil Plans to Limit Top Executive Pay at Banks
The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...
Hulu May Start Charging for Video Access
Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...
India's Reva to Build Electric Cars in New York
An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...
Asia Stocks Fall on Wells, China Stimulus Cut Fears
World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...
Hyundai Posts Treble in Q3 to New Record
Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...
China Growth Revs Up to 8.9% in Q3
China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...
Chain Restaurants Compete to Lure Elusive Diners
Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...
Qi Lu Announces Microsoft Search Deal with Twitter
Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...
New Electrics Grab Focus at Frankfurt Auto Show
Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...
World Markets Surge on End to U.S. Recession
World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...
Financial Reform Push Gives Way to Inertia, Complacency
The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...
Cablevision Debuts Interactive Ads on TV
Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...
IRS Eases Commercial Mortgage Refinancing Rules
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...
Shane Kim to Retire from 14-Year Post As Xbox Guru
Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...
Retail, Manufacturing Data Boost Wall Street
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...
Japan Air Lines Hopes to Conclude Merger Talks Soon
Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...
August Retail Sales Up Mainly on Auto, Gas
Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...
Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings
Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...
Manufacturers Lead Growth With Broad-Based Gains
Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...
Yahoo Gains $150 Mil. on Sale of Alibaba Stake
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...
JAL Shares Surge on American, Delta Interest
Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...
NEC, Casio, Hitachi to Merge Cell Phone Business
Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...
Majority of Americans Still Troubled by Economy
One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...
World Markets Rattled by U.S.-China Tire Tariff Dispute
European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...
U.S. Banks Return to Risky Investments
A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...
Last U.S. China Maker Survives on Vintage Design
Born of the Great Depression, it was a glossy, color-saturated line of cups, bowls and plates meant to affordably brighten lives and dinner tables. Seven ...
American, Delta Mull Stake in JAL
American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...
Arena's Obesity Drug Effective but Disappointing
Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Multinationals Break Vietnam Laws Promoting Breast-Feeding
Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...
Stocks Resume Rally After Brief Break
Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...
Airlines Cut Flights to Lowest Level Since 2001
The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...
Housing, Jobless Data Show Fragile Recovery
Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...
World's Carmakers All Aboard Electric Bandwagon
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...
U.S. Net Worth Grew for First Time Since 2007
Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...
New Jobless Claims Rose Last Week
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...
Kodak to Shore Up Balance Sheet with Capital Infusion
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...
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