Bank of Korea Keeps Key Rate at Low 2%
South Korea's central bank left its key interest rate at a record low Friday as its new governor begins weighing when to end an 18-month-old ...
Business
Asian Stocks Rise Ahead of GDP Numbers
Asian stock markets were mostly higher Friday ahead of the region's first peek next week at first quarter economic growth numbers.
China Car Sales Jumped 63% in March
China's passenger car sales jumped 63 percent in March from a year earlier as manufacturers scrambled to meet strong demand driven
Apple iPhone to Finally Join Rivals in Multitasting
Apple Inc.'s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple's ...
Initial Jobless Claims Rise Unexpectedly
The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce
Intel Software Can Read Thoughts
Mind reading may no longer be the domain of psychics and fortune tellers — now some computers can do it, too.
Global PC Sales Surged 20% in Q1
Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Q1 Venture Capital Investments Jump 38%
Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier
Asian Stocks Fall on Inflation, Interest Rate Fears
Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation
Volkswagen China Sales Skyrocket 61%
Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded
Jobless Claims, Weak Industrial Output Cool Markets
Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...
China Trims U.S. Treasuries for 4th Straight Month
China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns
Germany to Grow 1.5% in 2010
The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market
Toyota Conducts Safety Tests on All SUV Models
Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned
World Stocks Fall on Greek Debt Fears
World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.
More Americans Feel Effects of Recovery
A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.
Households Feel Income Squeeze Despite Low Inflation
The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak
Wall Street Boosts Hiring of Investment Managers
Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...
World Markets Rise on Intel Earnings Report
World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.
Intel Q1 Profits Quadruple
Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology
Singapore GDP Jumped 32.1% in Q1
Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.
Toyota Pulls Lexus GX460 After Alarming Rollover Report
Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident
Ford, GM March Sales Surge on Incentives War
An incentives war touched off by Toyota boosted sales at most major automakers last month.
Asia Stocks Gain on U.S. Job Gain
Asian stock markets were mostly higher Monday after an encouraging U.S. jobs report offered the latest sign the global economy is on the mend.
Apple iPad Arrives Amid Anticipation, Scorn
Apple Inc. began selling its much-anticipated iPad on Saturday, drawing eager customers intent on being among the first owners of the tablet-style devices.
China Steel Buyers Seek Clout Against Mining Giants
A state-affiliated industry group vowed Friday to tighten control over iron ore trading as Chinese steelmakers discussed strategy for contentious price talks
Sharp Debuts No-Glasses 3-D for Portable Devices
Sharp's latest 3-D displays deliver bright, clear imagery without the cumbersome glasses usually required for such technology.
Asian Markets Rise on Signs of Solid U.S. Growth
Asian stock markets rose slightly Friday after expanding U.S. manufacturing suggested the world's biggest economy is poised for solid growth
Most New Jobs in 3 Years Added in March
The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight ...
Daimler Missed Chance to Avoid Bribery Troubles
At a 1999 meeting in Germany, board members at Daimler, one of the world's largest vehicle manufacturers, took a step that could have saved the ...
Disgruntled Publishers Strike New e-Book Deal with Amazon
Amazon.com Inc. has reached new agreements with some publishers that had been fed up with the low prices Amazon charges for electronic books
Apple Sells 300,000 iPads on Debut Day
Apple says it sold more than 300,000 iPads on Saturday, the day it debuted across the country.
Hollywood Scorns Proposed Betting on Box Office
Think you're better than Hollywood at gauging whether an upcoming flick will be a box office bomb or a sleeper hit? You'd get a chance ...
Manufacturing Data Give Big Boost to World Stocks
World stocks rallied strongly Thursday after strong manufacturing data encouraged hopes that the global recovery from recession is gaining traction
Japanese Begin Buying Affordable Plug-In Electrics
Japan's first mass-market electric car went on sale in showrooms Thursday as the futuristic technology becomes more affordable
China Manufacturing Growth Highest Since April 2004
China's manufacturing accelerated in March as the dampening impact of winter weather and a long holiday the previous month eased and both exports
Japan Business Confidence Rose for 4th Straight Qtr.
Confidence at Japanese companies rose for a fourth straight quarter amid growing faith in the global economic recovery, a key central bank report showed Thursday.
Toyota March Sales Surge 40% on Incentives
Toyota sales surged 40 percent in March compared with last year after the automaker offered some of its deepest discounts ever to cope with the ...
Ford, Microsoft to Collaborate on Home Electric Car Grid
Ford Motor Co. and Microsoft Corp. have signed a deal to work together on a computerized link between houses, electric cars and utility companies
Factory Orders Rose for 10th Time in 11 Months
Factory orders rose in February, bolstered by strong demand for industrial machinery and commercial aircraft. It was the 10th increase in 11 months
Renault-Nissan Ties Up with Daimler for Parts, Research
Renault SA and Nissan Motor Co. will unveil a parts-sharing and research alliance with German automaker Daimler AG
Retailers Report 4th Consecutive Month of Growth
Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.
Toyota Exec Said We Need to Come Clean
Five days before Toyota announced a massive recall, a U.S. public relations executive at the automaker warned colleagues in an internal e-mail: "We need to ...
United, US Airways in Merger Talks
United Airlines and US Airways are in talks about combining into what would be the nation's second-biggest airline, a person with knowledge of the situation
GM to Repay Some Gov't Loans Five Years Early
General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June
Half of U.S. Households Pay No Income Tax
Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.
Growth Expected to Slow in 2010 for Rich Countries
Growth in leading rich economies will slow in the first half of this year, with the United States and Japan outpacing sluggish Europe
Bank of Korea Keeps Key Rate at Low 2%
South Korea's central bank left its key interest rate at a record low Friday as its new governor begins weighing when to end an 18-month-old ...
Asian Stocks Rise Ahead of GDP Numbers
Asian stock markets were mostly higher Friday ahead of the region's first peek next week at first quarter economic growth numbers.
China Car Sales Jumped 63% in March
China's passenger car sales jumped 63 percent in March from a year earlier as manufacturers scrambled to meet strong demand driven
Apple iPhone to Finally Join Rivals in Multitasting
Apple Inc.'s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple's ...
Initial Jobless Claims Rise Unexpectedly
The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce
Intel Software Can Read Thoughts
Mind reading may no longer be the domain of psychics and fortune tellers — now some computers can do it, too.
Global PC Sales Surged 20% in Q1
Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Q1 Venture Capital Investments Jump 38%
Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier
Asian Stocks Fall on Inflation, Interest Rate Fears
Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation
Volkswagen China Sales Skyrocket 61%
Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded
Jobless Claims, Weak Industrial Output Cool Markets
Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...
China Trims U.S. Treasuries for 4th Straight Month
China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns
Germany to Grow 1.5% in 2010
The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market
Toyota Conducts Safety Tests on All SUV Models
Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned
World Stocks Fall on Greek Debt Fears
World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.
More Americans Feel Effects of Recovery
A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.
Households Feel Income Squeeze Despite Low Inflation
The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak
Wall Street Boosts Hiring of Investment Managers
Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...
World Markets Rise on Intel Earnings Report
World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.
Intel Q1 Profits Quadruple
Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology
Singapore GDP Jumped 32.1% in Q1
Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.
Toyota Pulls Lexus GX460 After Alarming Rollover Report
Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident
Ford, GM March Sales Surge on Incentives War
An incentives war touched off by Toyota boosted sales at most major automakers last month.
Asia Stocks Gain on U.S. Job Gain
Asian stock markets were mostly higher Monday after an encouraging U.S. jobs report offered the latest sign the global economy is on the mend.
Apple iPad Arrives Amid Anticipation, Scorn
Apple Inc. began selling its much-anticipated iPad on Saturday, drawing eager customers intent on being among the first owners of the tablet-style devices.
China Steel Buyers Seek Clout Against Mining Giants
A state-affiliated industry group vowed Friday to tighten control over iron ore trading as Chinese steelmakers discussed strategy for contentious price talks
Sharp Debuts No-Glasses 3-D for Portable Devices
Sharp's latest 3-D displays deliver bright, clear imagery without the cumbersome glasses usually required for such technology.
Asian Markets Rise on Signs of Solid U.S. Growth
Asian stock markets rose slightly Friday after expanding U.S. manufacturing suggested the world's biggest economy is poised for solid growth
Most New Jobs in 3 Years Added in March
The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight ...
Daimler Missed Chance to Avoid Bribery Troubles
At a 1999 meeting in Germany, board members at Daimler, one of the world's largest vehicle manufacturers, took a step that could have saved the ...
Disgruntled Publishers Strike New e-Book Deal with Amazon
Amazon.com Inc. has reached new agreements with some publishers that had been fed up with the low prices Amazon charges for electronic books
Apple Sells 300,000 iPads on Debut Day
Apple says it sold more than 300,000 iPads on Saturday, the day it debuted across the country.
Hollywood Scorns Proposed Betting on Box Office
Think you're better than Hollywood at gauging whether an upcoming flick will be a box office bomb or a sleeper hit? You'd get a chance ...
Manufacturing Data Give Big Boost to World Stocks
World stocks rallied strongly Thursday after strong manufacturing data encouraged hopes that the global recovery from recession is gaining traction
Japanese Begin Buying Affordable Plug-In Electrics
Japan's first mass-market electric car went on sale in showrooms Thursday as the futuristic technology becomes more affordable
China Manufacturing Growth Highest Since April 2004
China's manufacturing accelerated in March as the dampening impact of winter weather and a long holiday the previous month eased and both exports
Japan Business Confidence Rose for 4th Straight Qtr.
Confidence at Japanese companies rose for a fourth straight quarter amid growing faith in the global economic recovery, a key central bank report showed Thursday.
Toyota March Sales Surge 40% on Incentives
Toyota sales surged 40 percent in March compared with last year after the automaker offered some of its deepest discounts ever to cope with the ...
Ford, Microsoft to Collaborate on Home Electric Car Grid
Ford Motor Co. and Microsoft Corp. have signed a deal to work together on a computerized link between houses, electric cars and utility companies
Factory Orders Rose for 10th Time in 11 Months
Factory orders rose in February, bolstered by strong demand for industrial machinery and commercial aircraft. It was the 10th increase in 11 months
Renault-Nissan Ties Up with Daimler for Parts, Research
Renault SA and Nissan Motor Co. will unveil a parts-sharing and research alliance with German automaker Daimler AG
Retailers Report 4th Consecutive Month of Growth
Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.
Toyota Exec Said We Need to Come Clean
Five days before Toyota announced a massive recall, a U.S. public relations executive at the automaker warned colleagues in an internal e-mail: "We need to ...
United, US Airways in Merger Talks
United Airlines and US Airways are in talks about combining into what would be the nation's second-biggest airline, a person with knowledge of the situation
GM to Repay Some Gov't Loans Five Years Early
General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June
Half of U.S. Households Pay No Income Tax
Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.
Growth Expected to Slow in 2010 for Rich Countries
Growth in leading rich economies will slow in the first half of this year, with the United States and Japan outpacing sluggish Europe
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