Bond Film Stopped on Uncertainty Over MGM's Fate
Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.
Business
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
China Carmakers Announce Global Expansion Plans
Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Russia Borrows for First Time Since 1998 Default
Russia is likely to raise money on capital markets in late April for the first time since it defaulted 12 years ago as it faces ...
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
Prius Complaints May Be Feeding on Themselves
Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals
U.S. Video Game Sales Fell 15% in February
U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower ...
Export Growth Seen As Bright Spot for U.S. Economy
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot
U.S. Household Wealth Up for 3rd Straight Quarter
Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios.
China Inflation Fears Subdue Stock Markets
The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...
Bank of Korea Keeps Interest Rates at Historic Lows
South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns
Trade Deficit Shrank on Falling Oil, Auto Imports
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential ...
Sony Hopes Sophisticated Motion Controller Is Wii-Killer
Sony has a new message for Nintendo Wii gamers: Come join us. The Japanese maker of the PlayStation 3 unveiled Thursday its highly anticipated motion ...
China's Inflation Rate Surges in February
China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy
India Aims to Pass China As Fastest Growing Economy
Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough. "We are facing a major problem," said Farooq
Lenovo to Refocus Business on Mobile Internet Devices
Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing ...
Cable Operators Ask FCC to Stop Network Blackouts
The most recent showdown left millions of Cablevision Systems Corp. customers around New York without an ABC station at the start of the Academy Awards.
Japan Revises Down Q4 Growth Rate
Japan says its economy grew notably less in the fourth quarter than initial estimates.
Inventories Fell Despite 10th Monthly Sales Rise
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories
Samsung, Panasonic Begin Selling 3-D TVs
Want to be the first one on your block with a 3-D television? It will cost you about $3,000.
Bailout Firms' Stocks Surge on Likely Sale by Gov't
Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake
Asian Stocks Trade in Narrow Range Again
Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of ...
Working Chinese Left Out of Soaring Housing Market
The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home.
Bond Film Stopped on Uncertainty Over MGM's Fate
Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
China Carmakers Announce Global Expansion Plans
Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Russia Borrows for First Time Since 1998 Default
Russia is likely to raise money on capital markets in late April for the first time since it defaulted 12 years ago as it faces ...
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
Prius Complaints May Be Feeding on Themselves
Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals
U.S. Video Game Sales Fell 15% in February
U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower ...
Export Growth Seen As Bright Spot for U.S. Economy
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot
U.S. Household Wealth Up for 3rd Straight Quarter
Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios.
China Inflation Fears Subdue Stock Markets
The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...
Bank of Korea Keeps Interest Rates at Historic Lows
South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns
Trade Deficit Shrank on Falling Oil, Auto Imports
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential ...
Sony Hopes Sophisticated Motion Controller Is Wii-Killer
Sony has a new message for Nintendo Wii gamers: Come join us. The Japanese maker of the PlayStation 3 unveiled Thursday its highly anticipated motion ...
China's Inflation Rate Surges in February
China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy
India Aims to Pass China As Fastest Growing Economy
Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough. "We are facing a major problem," said Farooq
Lenovo to Refocus Business on Mobile Internet Devices
Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing ...
Cable Operators Ask FCC to Stop Network Blackouts
The most recent showdown left millions of Cablevision Systems Corp. customers around New York without an ABC station at the start of the Academy Awards.
Japan Revises Down Q4 Growth Rate
Japan says its economy grew notably less in the fourth quarter than initial estimates.
Inventories Fell Despite 10th Monthly Sales Rise
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories
Samsung, Panasonic Begin Selling 3-D TVs
Want to be the first one on your block with a 3-D television? It will cost you about $3,000.
Bailout Firms' Stocks Surge on Likely Sale by Gov't
Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake
Asian Stocks Trade in Narrow Range Again
Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of ...
Working Chinese Left Out of Soaring Housing Market
The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home.
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