China to Top Global Auto Sales in 2009
China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...
Business
China Ties Banker Pay to Risk, Rejects Caps
China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...
Ford Ramps Up China Expansion with 3rd Plant
Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...
Rim Outlook Weak on New Phone Delays
BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...
Stocks Fall After Home Sales Data Shows Drop
Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...
World Stocks Fall on Jitters Over Possible Stimulus Cuts
World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...
Japan Air Lines Seeks Bailout
The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...
Falling Exports Keep Japan Mired in Recession
Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...
China Consumer Confidence Rebounds in July
The Chinese spent more in July as inflationary pressures eased on falling food prices, according to the Bankcard Consumer Confidence Index (BCCI)
ING Q2 Earnings Jump on Healthy Lending Growth
ING Groep NV, the Dutch bank and insurance company, Wednesday reported a sharp rise in second quarter earnings, mostly because it avoided some
Nestle Profits Rise 7.5% on Robust Sales Growth
Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to 5.45 billion Swiss francs ($5 billion)
World Stocks Fall on Anxiety Over Growth Prospects
World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch
Chipmaker Shares Suffer from Fears of PC Slowdown
Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks
Netflix to Pay $1 Bil. to Stream Paramount, MGM Films
Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM
Google to Debut Street View in Germany Despite Attacks
Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced
China Exports Surge 38.1%, Imports Up 22.9%
China's exports grew strongly in July but import growth fell as its rapid economic expansion cooled, possibly hurting global demand.
Verizon, Google Outline Broadband Rules for ISPs
Phone and cable TV companies that provide Internet access should be barred from slowing down, blocking or charging to prioritize Internet traffic
Honda Recalls 400,000 Cars for Ignition Switch Glitch
Honda Motor Co. is recalling the popular Accord and Civic passenger cars to address problems with an ignition switch that could allow the key
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
World Stocks Slip on Fears China's Growth Slowing
World markets fell Tuesday amid signs China's economy is losing steam and ahead of a Federal Reserve meeting that will be watched closely
Chrysler Posts First Operating Profit Since 2007
A year after emerging from bankruptcy protection, Chrysler Group LLC said Monday that growing car and truck sales helped it narrow
Hawaii Sugar Growers Spearhead U.S. Biofuel Push
The federal government has turned to a 130-year-old Hawaii sugar grower for help in powering the Navy and weaning the nation
German Export Growth Signals High-End Recovery
German exports grew by 3.8 percent on the month in June and reached their highest level since late 2008, official data showed Monday
Asian Stocks Mixed on U.S. Jobs, High Yen
Asian stock markets were mixed Monday after a poor U.S. jobs report added to evidence the economic recovery is weakening.
Ousted HP CEO Settles with Sex Harassment Accuser
Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of sexual harassment lodged against him by a female contract worker
Germany Warns of Apple iPhone Security Problems
The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted
Transocean, Anadarko Surge on BP Plug Success
With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
World Stocks Fall on Japan Export Slowdown
World stocks markets mostly fell Monday after figures showed that Japan's economic growth slowed sharply during the second quarter
China's Ag Bank Confirms IPO Was World's Largest
The Agricultural Bank of China says it raised a world record $22.1 billion in its initial public offering last month, despite a tepid reception from ...
Apple Manager Indicted on Kickback Charges
A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.
U.S. Stocks Keep Slipping on Confusing Data
The stock market has fallen for the fourth straight day after a mixed batch of readings on consumer spending contributed to a muddled picture
magicJack Company to Offer Free Calls from Computers
The company behind the magicJack, the Internet phone gadget heavily advertised on television, has another trick up its sleeve
IBM Adds Online Marketing Tools with Unica Buy
IBM Corp. said Friday that it has agreed to buy the marketing services company Unica Corp. in a $480 million deal that would give IBM
Eurozone Grew Faster Than U.S. in Q2
The economy of the 16 countries that use the euro grew by a better-than-expected 1 percent during the second quarter as growth engine Germany
Retail Sales, Prices Rise on Growing Car Demand
A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
China Manufacturing Growth Continues Gradual Slowing
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined
Coach Profits Jump As China Stores Open
A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag
GM China July Sales Rise 22%, Ford Falls
General Motors' China revenues grew 22% in July on the strength of Chevy sales. Rival Ford Motor Co's local sales fell 6.3%.
Asia Stocks Continue Rising, Europe Slips
European stock markets mostly fell Tuesday after big gains in the previous session while the euro spiked to a fresh three-month high
BMW Pofits Surge to $1.1 Bil. as China Sales Double
Second-quarter earnings at luxury car maker BMW AG surged to euro834 million ($1.1 billion) as better selling prices and robust demand in China
China to Top Global Auto Sales in 2009
China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...
China Ties Banker Pay to Risk, Rejects Caps
China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...
Ford Ramps Up China Expansion with 3rd Plant
Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...
Rim Outlook Weak on New Phone Delays
BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...
Stocks Fall After Home Sales Data Shows Drop
Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...
World Stocks Fall on Jitters Over Possible Stimulus Cuts
World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...
Japan Air Lines Seeks Bailout
The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...
Falling Exports Keep Japan Mired in Recession
Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...
China Consumer Confidence Rebounds in July
The Chinese spent more in July as inflationary pressures eased on falling food prices, according to the Bankcard Consumer Confidence Index (BCCI)
ING Q2 Earnings Jump on Healthy Lending Growth
ING Groep NV, the Dutch bank and insurance company, Wednesday reported a sharp rise in second quarter earnings, mostly because it avoided some
Nestle Profits Rise 7.5% on Robust Sales Growth
Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to 5.45 billion Swiss francs ($5 billion)
World Stocks Fall on Anxiety Over Growth Prospects
World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch
Chipmaker Shares Suffer from Fears of PC Slowdown
Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks
Netflix to Pay $1 Bil. to Stream Paramount, MGM Films
Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM
Google to Debut Street View in Germany Despite Attacks
Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced
China Exports Surge 38.1%, Imports Up 22.9%
China's exports grew strongly in July but import growth fell as its rapid economic expansion cooled, possibly hurting global demand.
Verizon, Google Outline Broadband Rules for ISPs
Phone and cable TV companies that provide Internet access should be barred from slowing down, blocking or charging to prioritize Internet traffic
Honda Recalls 400,000 Cars for Ignition Switch Glitch
Honda Motor Co. is recalling the popular Accord and Civic passenger cars to address problems with an ignition switch that could allow the key
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
World Stocks Slip on Fears China's Growth Slowing
World markets fell Tuesday amid signs China's economy is losing steam and ahead of a Federal Reserve meeting that will be watched closely
Chrysler Posts First Operating Profit Since 2007
A year after emerging from bankruptcy protection, Chrysler Group LLC said Monday that growing car and truck sales helped it narrow
Hawaii Sugar Growers Spearhead U.S. Biofuel Push
The federal government has turned to a 130-year-old Hawaii sugar grower for help in powering the Navy and weaning the nation
German Export Growth Signals High-End Recovery
German exports grew by 3.8 percent on the month in June and reached their highest level since late 2008, official data showed Monday
Asian Stocks Mixed on U.S. Jobs, High Yen
Asian stock markets were mixed Monday after a poor U.S. jobs report added to evidence the economic recovery is weakening.
Ousted HP CEO Settles with Sex Harassment Accuser
Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of sexual harassment lodged against him by a female contract worker
Germany Warns of Apple iPhone Security Problems
The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted
Transocean, Anadarko Surge on BP Plug Success
With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
World Stocks Fall on Japan Export Slowdown
World stocks markets mostly fell Monday after figures showed that Japan's economic growth slowed sharply during the second quarter
China's Ag Bank Confirms IPO Was World's Largest
The Agricultural Bank of China says it raised a world record $22.1 billion in its initial public offering last month, despite a tepid reception from ...
Apple Manager Indicted on Kickback Charges
A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.
U.S. Stocks Keep Slipping on Confusing Data
The stock market has fallen for the fourth straight day after a mixed batch of readings on consumer spending contributed to a muddled picture
magicJack Company to Offer Free Calls from Computers
The company behind the magicJack, the Internet phone gadget heavily advertised on television, has another trick up its sleeve
IBM Adds Online Marketing Tools with Unica Buy
IBM Corp. said Friday that it has agreed to buy the marketing services company Unica Corp. in a $480 million deal that would give IBM
Eurozone Grew Faster Than U.S. in Q2
The economy of the 16 countries that use the euro grew by a better-than-expected 1 percent during the second quarter as growth engine Germany
Retail Sales, Prices Rise on Growing Car Demand
A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
China Manufacturing Growth Continues Gradual Slowing
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined
Coach Profits Jump As China Stores Open
A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag
GM China July Sales Rise 22%, Ford Falls
General Motors' China revenues grew 22% in July on the strength of Chevy sales. Rival Ford Motor Co's local sales fell 6.3%.
Asia Stocks Continue Rising, Europe Slips
European stock markets mostly fell Tuesday after big gains in the previous session while the euro spiked to a fresh three-month high
BMW Pofits Surge to $1.1 Bil. as China Sales Double
Second-quarter earnings at luxury car maker BMW AG surged to euro834 million ($1.1 billion) as better selling prices and robust demand in China
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