Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Business
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Manufacturing Data Restores Faith in Recovery
New government data offered a mixed picture of the economic recovery Tuesday, as U.S. manufacturing activity grew in July at the fastest pace
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Levis Tailors Global Brand Launch for Chinese
Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, joining a growing list of companies that hope to crack
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
Columbia MBA Sues Google for Malicious Poster's ID
A business consultant wants a court to force YouTube and owner Google to unmask a cyber cipher who posted what she says are unauthorized videos
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
Check Substantiates NY Man's Claim to 84% of Facebook
A New York man produced a cashed $3,000 check to support his claim that he is contractually entitled to ownership of 84% of Facebook Inc.
Abercrombie & Fitch Returns to Profit in Q2
Abercrombie & Fitch return to a profit in the second quarter as its strategy of lowering some prices boosted sales.
Asia Stocks Rise Modestly As Markets Calm
Asian markets mostly posted tentative gains Tuesday as nerves calmed despite steady driblets of sobering news about the speed of the global economic
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Dell Buys Data Storage Leader 3Par for $1.13 Bil.
Dell Inc. said Monday it's buying 3Par Inc., a maker of enterprise data storage equipment, for about $1.13 billion cash.
China Overtook Japan As No. 2 Economy in Q2
Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a ...
China Cut U.S. Treasury Holdings Again in June
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.
Super-Oysters Promise Fatter, Cleaner Eating
Biologist John Supan thinks he has developed what may be the holy grail for oyster lovers: a hardy breed of the delectable shellfish
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
Germany Considers Keeping Nuclear Plants Longer
Prominent German business figures are warning against what they call a too-quick shutdown of the country's nuclear plants, stepping up pressure
Russia Opens Up Bidding on Chopper-Carrier Prototypes
Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders
Google Sounded False Alarm About China Blockage
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...
Oil Falls Below $75 on Fears of Slowing Recovery
Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch
E-Readers Battle Tablets for Digital Book Supremacy
The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger
U.S. Jobs Data Dampen World Markets
European stock markets traded lower Thursday after soft U.S. jobs data reined in hopes for gains on Wall Street. Japanese stocks were the best-performing
Intel to Buy McAfee for $7.68 Bil.
Chip maker Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share.
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Manufacturing Data Restores Faith in Recovery
New government data offered a mixed picture of the economic recovery Tuesday, as U.S. manufacturing activity grew in July at the fastest pace
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Levis Tailors Global Brand Launch for Chinese
Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, joining a growing list of companies that hope to crack
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
Columbia MBA Sues Google for Malicious Poster's ID
A business consultant wants a court to force YouTube and owner Google to unmask a cyber cipher who posted what she says are unauthorized videos
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
Check Substantiates NY Man's Claim to 84% of Facebook
A New York man produced a cashed $3,000 check to support his claim that he is contractually entitled to ownership of 84% of Facebook Inc.
Abercrombie & Fitch Returns to Profit in Q2
Abercrombie & Fitch return to a profit in the second quarter as its strategy of lowering some prices boosted sales.
Asia Stocks Rise Modestly As Markets Calm
Asian markets mostly posted tentative gains Tuesday as nerves calmed despite steady driblets of sobering news about the speed of the global economic
Banks Loosen Small Business Lending Standards
Banks have eased lending standards for small businesses for the first time in nearly four years, the Federal Reserve said Monday.
Homebuilder Confidence Drops for 3rd Straight Month
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties
Dell Buys Data Storage Leader 3Par for $1.13 Bil.
Dell Inc. said Monday it's buying 3Par Inc., a maker of enterprise data storage equipment, for about $1.13 billion cash.
China Overtook Japan As No. 2 Economy in Q2
Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a ...
China Cut U.S. Treasury Holdings Again in June
China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.
Super-Oysters Promise Fatter, Cleaner Eating
Biologist John Supan thinks he has developed what may be the holy grail for oyster lovers: a hardy breed of the delectable shellfish
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
Germany Considers Keeping Nuclear Plants Longer
Prominent German business figures are warning against what they call a too-quick shutdown of the country's nuclear plants, stepping up pressure
Russia Opens Up Bidding on Chopper-Carrier Prototypes
Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders
Google Sounded False Alarm About China Blockage
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...
Oil Falls Below $75 on Fears of Slowing Recovery
Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch
E-Readers Battle Tablets for Digital Book Supremacy
The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger
U.S. Jobs Data Dampen World Markets
European stock markets traded lower Thursday after soft U.S. jobs data reined in hopes for gains on Wall Street. Japanese stocks were the best-performing
Intel to Buy McAfee for $7.68 Bil.
Chip maker Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share.
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