Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
Business
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Sprint Joins Verizon in Jilting Google's Nexus One
Sprint Nextel has had a change of heart and scrapped its plans to back Google's Nexus One mobile phone.
Car Czar Thinks Taxpayers Can Get $40 Bil. from GM
The U.S. government could get back $40 billion of its $50 billion investment in General Motors Co., and the difference will have been well spent
Chrysler Moving Swiftly toward Profitability, IPO
Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.
Stocks Surge on Euro Defense Efforts
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal
New Short-Range Wi-Fi to Be 10 Times Faster
The industry group that supports Wi-Fi is adopting a new technology that should boost data speeds more than 10 times at short distances
U.S. Open to More Fines for Toyota
U.S. Transportation Secretary Ray LaHood said Monday that Washington wants to see results from Toyota's efforts to improve safety, and more fines would be imposed ...
European Flights Nearly Back to Normal As Ash Clears
Flights across Europe were operating normally Monday after a plume of volcanic ash that disrupted air traffic and forced some airports to close
EU Sets Up $1 Tril. Package to Defend Euro
The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
German Parliament Approves Greek Bailout
The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance
290,000 Jobs Added in April but Jobless Rate Rises
More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
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
U.S. Newspaper Circulations Fall 8.7%
Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.
Germany Nixes Bailout Until Greece Inks Austerity Measures
German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union
Caterpillar Returns to Profit, Signals Strong Outlook
Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last
Treasury to Begin Selling Off Citigroup Shares
The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.
Murdoch Turns Up WSJ Heat on New York Times
It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers
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
Hertz to Buy Dollar Thrifty for $1.2 Bil.
Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash
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 ...
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.
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
Comcast Profits Rise on Subscriptions, Ad Rebound
Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Sprint Joins Verizon in Jilting Google's Nexus One
Sprint Nextel has had a change of heart and scrapped its plans to back Google's Nexus One mobile phone.
Car Czar Thinks Taxpayers Can Get $40 Bil. from GM
The U.S. government could get back $40 billion of its $50 billion investment in General Motors Co., and the difference will have been well spent
Chrysler Moving Swiftly toward Profitability, IPO
Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.
Stocks Surge on Euro Defense Efforts
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal
New Short-Range Wi-Fi to Be 10 Times Faster
The industry group that supports Wi-Fi is adopting a new technology that should boost data speeds more than 10 times at short distances
U.S. Open to More Fines for Toyota
U.S. Transportation Secretary Ray LaHood said Monday that Washington wants to see results from Toyota's efforts to improve safety, and more fines would be imposed ...
European Flights Nearly Back to Normal As Ash Clears
Flights across Europe were operating normally Monday after a plume of volcanic ash that disrupted air traffic and forced some airports to close
EU Sets Up $1 Tril. Package to Defend Euro
The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
German Parliament Approves Greek Bailout
The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance
290,000 Jobs Added in April but Jobless Rate Rises
More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
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
U.S. Newspaper Circulations Fall 8.7%
Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.
Germany Nixes Bailout Until Greece Inks Austerity Measures
German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union
Caterpillar Returns to Profit, Signals Strong Outlook
Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last
Treasury to Begin Selling Off Citigroup Shares
The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.
Murdoch Turns Up WSJ Heat on New York Times
It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers
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
Hertz to Buy Dollar Thrifty for $1.2 Bil.
Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash
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 ...
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.
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
Comcast Profits Rise on Subscriptions, Ad Rebound
Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Recent Stories
- Trump Marks Nation's 250th Birthday with Campaign-Style Speech on National Mall
- Keiko Fujimori Declared Winner of Peru Presidential Race
- Mass Grief at Khamenei Funeral Suggests Hardline Grip Continues
- AI Turbocharged a Startup, Restructures the Economy
- US-EU Trade Hits Record High Despite Tariff Tensions, Study Shows
- Chinese Independent Refiners Snap up Discounted Mideast Oil as Supplies Rise
- US Oil Companies See Big Profit Jump, Faces Pressure to Cut Pump Prices
- Drug Gangs Use Social Media to Recruit Thai Air Crew as Couriers
- Ghonhee Lee's Katalyst Launches Orbital Rescue Mission for NASA Satellite
- 90s Anime vs Classic Literature