Durable Goods, Jobs Data Drive Up Stocks

Stocks rose Thursday after positive reports on unemployment and durable goods orders showed the economy is continuing to recover.

Delta, Northwest Win Approval to Act As Single Carrier

Delta Air lines Inc. has received government permission to operate its namesake service and its Northwest Airlines subsidiary as a single carrier

Global Chip Sales Saw First Rebound Since Downturn

Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone

China Manufacturing Grew at Fastest Rate Since 2004

China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand

GM's China Sales Up 67% in 2009

General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...

Networks Fudge No-Pay Interview Policy

Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit

Tokyo SE Upgrades to High-Speed Trading System

The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform

California Faces More Painful Budget Cuts in 2010

During last summer's fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California's budget

Wisconsin Ginseng Growers Take Root in China

Wisconsin farmer Butch Weege has never met Sun Dan, a 34-year-old makeup artist who lives in Beijing

China Manufacturing Rose at Fastest Rate in 20 Months

An index of China's manufacturing rose in December, expanding at its fastest rate in 20 months

Oil Prices Pass $77 on Surprise Inventory Drop

Oil prices hit a three-week high above $77 a barrel Thursday before surrendering most of its gains as a larger than expected drop in U.S. ...

International Firms Projected to See Big Growth in 2010

Companies with international operations are set to take advantage of a global economic recovery in 2010, continuing the rally that began in 2009.

Asian Markets Close 2009 on High Note

Asian stock markets added to a year of big gains in the final day of trading for 2009.

Kodak Sells Organic LED Unit to LG

Eastman Kodak Co. said Wednesday it had completed the previously announced sale of its organic LED, or light-emitting diode display, business

Ford Shakes Up U.S. Car Market with Transit Connect

The new Ford Transit Connect has a strange name, a compact European delivery van appearance and a ceiling that's so tall, someone sitting in the ...

JAL Shares Dive on New Bankruptcy Fears

Japan Almost Makes Up for Plunge in U.S. Hawaii Visits

The number of visitors traveling to Hawaii fell 1.4 percent in November from the same month a year earlier as the weak economy continued to ...

GMAC Gets $3.5 Bil. More Federal Aid

GMAC Financial Services is expected to receive $3.5 billion more in federal aid to further stabilize the automotive lender

Nokia Claims All Apple Products Infringe Patents

Nokia Corp. is broadening a legal dispute it already has with Apple Inc. over the iPhone, saying almost all of the company's other products also ...

Hyundai Launches China Truck Venture

Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...

Ray Young Replaced As GM CFO by Microsoft CFO

General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now ...

Gasoline Prices Flatten Below $2.60

The world's biggest oil producers seem content with the price of oil and consumers may be just as satisfied, at least for now, with the ...

China's 8% GDP Target for 2010 Seen As Conservative

China's government is targeting 8 percent growth next year as the global economy recovers, the country's industry minister said Monday.

Sands Delays Singapore Casino Opening to April

Las Vegas Sands Chairman Sheldon Adelson said the opening of the company's $5.5 billion Singapore casino and resort has been delayed again

Japan Encouraged by Smaller Export Decline

Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession

Wall Street Awaits Visit from Santa Claus Rally

Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally ...

Natural Gas May Power Global Warming Fight

An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming:

Made-for-Web Shows Start Seeing Off-Line Profits

Web sites that buy original video clips often pay so little that "The Bannen Way," a flashy crime thriller debuting online, looked destined to be ...

Amkor Raises Q4 Outlook on Surprising Chip Demand

Amkor Technology Inc. raised its fourth-quarter revenue outlook Monday, citing higher-than-anticipated demand from customers.

Whole Foods Founder Wants to Go Back to Healthy Roots

The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.

GM to Shut Down Saab After Spyker Talks Fail

General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...

Wyoming Plant to Turn Coal into Gasoline

Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.

Hyatt to Operate 5 New Hotels in India

Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...

Asian Stocks Drop on Slow Recovery Signs

Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks

RIM Sees Profits Surge on Record Blackberry Sales

BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income

Calif Space Tourism Firm Inks S. Korea Launch Deal

A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group

Leading Indicators Point to Gradual Recovery

A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly

Jump in U.S. Home Resales Boosts Asia, Europe

Asian and European stock markets were higher Wednesday after a jump in U.S. housing sales suggested the world's biggest economy is picking up speed.

New GM CFO to Get $750,000 Plus Stocks

The new chief financial officer at General Motors Co. will receive a salary of $750,000 next year, but he'll get up to another $5.45 million

Citigroup Sheds Pay Caps After $20 Bil. TARP Payback

Citigroup Inc. on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions

Blackberry Slammed by 2nd Outage in Week

When Corey Marshall's Blackberry mysteriously stopped sending and receiving messages, he realized all too clearly just how much he depends on the device:

China Firm Gets Control of Hawaii Solar Panel Supplier

A Chinese company is now the majority owner of a Hawaii-based supplier of silicon for solar panels.

New Home Sales Plunged 11% in November

Sales of new homes plunged unexpectedly last month to the lowest level since April, a sign the housing market recovery will be rocky

Samsung to Pay Kodak for Patent Infringement

Eastman Kodak says electronics maker Samsung Electronics has agreed to pay the photography company an undisclosed sum to settle a patent dispute

Ford to Complete Volvo Sale to Geely in Q1

Ford Motor Co. said Wednesday it is close to selling its loss-making Volvo unit to China's Geely and expects a final deal in the first ...

China Plan for Rare Earth Reserve Worries Tech Sector

China will create a reserve for rare earths next year to prevent waste of the exotic metals used in computers and clean-energy products

Daimler Moves Some C-Class Production to Alabama

Louisiana Rice Hopes to Replace Thai Jasmine in U.S.

The U.S. rice industry is making way for the Jazzman. It's a new variety of aromatic rice developed at Louisiana State University and being sold ...

A-Power Wins Biomass Power Plant Contract in Thailand

A-Power Energy Generation Systems Ltd. said Tuesday that it has signed a deal worth $86 million with Thailand's Biomass Electricity Co. Ltd. to develop a ...

Microsoft Ordered to Change Word Software Code

A federal appeals court ordered Microsoft Corp. to pay a Canadian software company $290 million for violating a patent, upholding the decision of a lower ...