Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Business
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
Sprint Nextel Subscriber Loss Slows on Cheap Plans
Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service
Germany Says Greek Aid Likely By May 7
Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes
Honda Returns to Profitability on China, India Demand
Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand
Greek Debt Crisis Spreads to Portugal
Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday
Sands Opens $5.7-Bil. Singapore Casino Resort
Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state
World Markets Slide on China Fears, Greek Glitch
Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility
S. Korea GDP Growing at Annualized 7.5% Rate
South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.
Gasoline Prices Set to Rise As Recession Fades
After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high
Wal-Mart to Face Massive Class Action Suit
A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
Peugeot Citroen Returns to Profit on China Growth
Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting
ArcelorMittal Back to Profit with $1.7 Bil. for Q2
ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
Sprint Nextel Reverses Subscriber Losses
Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve
German Consumer Confidence Up Sharply
German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer
SAP Revenues, Profits Jump on U.S., Asia Growth
Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase
Home Prices Expected to Keep Declining
Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming
FedEx Raises Year's Outlook on Strong Asia Growth
In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.
Packed Planes, Baggage Fees Change Air Travel
Good times are finally back for the nation's airlines. For travelers, that means it's getting harder to find bargains.
Gas Prices on Rising Trend Across U.S.
Drivers across the country woke up to higher prices at the gas pump Monday morning, as retail gasoline rose overnight.
June Data Shows New Home Sales Recovering
Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers
Wall Street Rises on Strong June New Home Sales
Stocks rose moderately Monday after a better-than-expected jump in new home sales and an increase in the profit outlook for shipping giant FedEx Corp.
China Pledges More Support to Expand Private Sector
China's Cabinet promised private investors a bigger role in industries from oil drilling to finance, apparently responding to complaints that state companies
Sony Returns to Profit on Playstation 3, PC Sales
Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles
Revised Data Show Recession Was Underestimated
The recession was deeper than the government previously thought. The Commerce Department, in revisions issued Friday
Disney Sells Miramax to Hollywood Newcomers
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year ...
Honda Profits Mushroom 32-Fold to New Record
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers.
Kia Posts 61% Profit Surge on Strong Sales Growth
Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.
Samsung Posts 83% Profit Jump on Chip, LCD Sales
Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength
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 ...
VW Profits Surge to $1.6 Bil. on China Demand
Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply
Toyota Recalls 412,000 Cars for Steering Parts Cracks
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported
China Okays Geely's Volvo Purchase Without Conditions
Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce
Nissan Returns to Profit on Global Rebound
Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.
New Ford Explorer Lower, More Fuel-Efficient
The Ford Explorer, the hulking family-hauler that helped launch the SUV boom in the early 1990s, is back. And it hopes to define a new ...
Panasonic Returns to Profit, Buys Out Sanyo
Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works
Siemens Reports 4% Revenue Growth
A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher
Hyundai Motor Profits Soar 71% to Record
Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.
Amazon's Lighter, Cheaper Kindle Adds Wi-Fi Access
Jeff Bezos isn't just confident you'll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you'll also want ...
Japan Retail Sales Up 3.2% in June As Growth Slows
Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
Sprint Nextel Subscriber Loss Slows on Cheap Plans
Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service
Germany Says Greek Aid Likely By May 7
Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes
Honda Returns to Profitability on China, India Demand
Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand
Greek Debt Crisis Spreads to Portugal
Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday
Sands Opens $5.7-Bil. Singapore Casino Resort
Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state
World Markets Slide on China Fears, Greek Glitch
Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility
S. Korea GDP Growing at Annualized 7.5% Rate
South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.
Gasoline Prices Set to Rise As Recession Fades
After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high
Wal-Mart to Face Massive Class Action Suit
A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
Peugeot Citroen Returns to Profit on China Growth
Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting
ArcelorMittal Back to Profit with $1.7 Bil. for Q2
ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
Sprint Nextel Reverses Subscriber Losses
Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve
German Consumer Confidence Up Sharply
German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer
SAP Revenues, Profits Jump on U.S., Asia Growth
Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase
Home Prices Expected to Keep Declining
Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming
FedEx Raises Year's Outlook on Strong Asia Growth
In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.
Packed Planes, Baggage Fees Change Air Travel
Good times are finally back for the nation's airlines. For travelers, that means it's getting harder to find bargains.
Gas Prices on Rising Trend Across U.S.
Drivers across the country woke up to higher prices at the gas pump Monday morning, as retail gasoline rose overnight.
June Data Shows New Home Sales Recovering
Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers
Wall Street Rises on Strong June New Home Sales
Stocks rose moderately Monday after a better-than-expected jump in new home sales and an increase in the profit outlook for shipping giant FedEx Corp.
China Pledges More Support to Expand Private Sector
China's Cabinet promised private investors a bigger role in industries from oil drilling to finance, apparently responding to complaints that state companies
Sony Returns to Profit on Playstation 3, PC Sales
Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles
Revised Data Show Recession Was Underestimated
The recession was deeper than the government previously thought. The Commerce Department, in revisions issued Friday
Disney Sells Miramax to Hollywood Newcomers
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year ...
Honda Profits Mushroom 32-Fold to New Record
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers.
Kia Posts 61% Profit Surge on Strong Sales Growth
Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.
Samsung Posts 83% Profit Jump on Chip, LCD Sales
Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength
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 ...
VW Profits Surge to $1.6 Bil. on China Demand
Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply
Toyota Recalls 412,000 Cars for Steering Parts Cracks
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported
China Okays Geely's Volvo Purchase Without Conditions
Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce
Nissan Returns to Profit on Global Rebound
Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.
New Ford Explorer Lower, More Fuel-Efficient
The Ford Explorer, the hulking family-hauler that helped launch the SUV boom in the early 1990s, is back. And it hopes to define a new ...
Panasonic Returns to Profit, Buys Out Sanyo
Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works
Siemens Reports 4% Revenue Growth
A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher
Hyundai Motor Profits Soar 71% to Record
Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.
Amazon's Lighter, Cheaper Kindle Adds Wi-Fi Access
Jeff Bezos isn't just confident you'll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you'll also want ...
Japan Retail Sales Up 3.2% in June As Growth Slows
Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.
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