Beijing Court Blocks Sales of Some Windows Versions
A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system
Business
Korean Regulator Approves iPhone
South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone
Saks Surprises with Q3 Profits
Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...
Coca Cola Bets on China, India for Fast Growth
Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...
Time Warner to Spin Off AOL Dec. 9
Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.
Saab Future Clouded After Sale Falls Through
A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the ...
Sony Pins Turnaround Hopes on 3D, OLEDs
A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, ...
China Stimulus Could Fuel Trade Conflicts Says EU Report
China's stimulus spending has fueled massive overexpansion in industrial capacity that could drive a surge in low-priced exports amid weak global demand
Toyota Slashes Executive Bonuses 20%
Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the U.S. and deep losses for the second straight ...
Online Ad Revenues Show Quarterly Rebound
Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip ...
Drop in Jobless Claims Prompts Small Rally
Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.
Tiffany Raises Outlook After Q3 Outperforms
Curbed discretionary spending pushed Tiffany & Co.'s U.S. sales lower in the third quarter, contributing to a 1 percent profit decline.
Toyota to Replace Gas Pedals on 3.8 Mil. Cars
Toyota Motor Corp. said Wednesday it will replace accelerator pedals on 3.8 million recalled vehicles in the United States
Beijing Automotive Looks at Saab After Deal Collapsed
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports
Tire Prices Rise on Tariffs, Rising Demand
Tire prices are inflating. Tariffs on imports, lower supplies and higher demand from drivers buying winter tires are combining to jack up costs.
Nissan, FedEx Urge Massive Move toward Electric Cars
A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
New England Recovery Slower Than Nation's
The worst of the recession may be over, but a new economic forecast points to a "slow and weak recovery" in the New England states, ...
Applied Materials to Cut At Least 1,300 Jobs
Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs
ExpressJet Reports 8% Traffic Increase
ExpressJet Holdings Inc. said traffic on its airlines rose 8 percent and planes were more full in October than they were a year ago.
Small Businesses Cut Costs with Home Workers
There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.
U.S. Feared on Course to Repeat Japan's Lost Decade
Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists
Asian Stocks Rise on Growth in China, Japan
Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track
China Consumer Growth Offsets Export Decline
The slump in China's exports eased last month as industrial output and retail sales rose sharply, the government said Wednesday, showing that recovery in the ...
U.S. Recovery Threatened by Unemployment Says World Bank
Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession
GM Chief Engineer Relieved Opel Staying with GM
When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer.
Adobe to Cut 680 Full-Time Jobs
dobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 ...
HP Moves into Networking with $2.7 Bil. 3Com Buy
Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...
Asia Stocks Rise on Wall Street Surge
Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this ...
Cisco Systems Borrows $5 Bil.to Fuel Buying Binge
Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total ...
Sprint to Cut Up to 2,500 Jobs
Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.
Google to Buy Ad Mob for $750 Mil.
Google Inc. is stepping up its push to sell advertising on cell phones, announcing a deal Monday to buy a mobile ad network, AdMob, for ...
World Markets Boosted by G-20 Stimulus Pledge
World stock markets rose Monday and the dollar fell sharply against the euro after the Group of 20 leading rich and developing countries agreed to ...
China Car Sales Jump 72% in October
Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month
Northrop Sells TASC to Fund Stock Buyback Increase
Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg ...
Fry's, Safeway Prepare for Possible Strike
In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting ...
Rich Buying Again but Middle Class Still Hurting
American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...
China Solar Panel Giant to Build Plant in Phoenix
Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix
Korea Exchange, CME Partner for After-Hours Futures Trading
Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures
Stocks Jump on Upbeat Retail Data
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected
GM Reports $1.2 Bil. Loss, Sees Turnaround
General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Beijing Court Blocks Sales of Some Windows Versions
A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system
Korean Regulator Approves iPhone
South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone
Saks Surprises with Q3 Profits
Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...
Coca Cola Bets on China, India for Fast Growth
Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...
Time Warner to Spin Off AOL Dec. 9
Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.
Saab Future Clouded After Sale Falls Through
A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the ...
Sony Pins Turnaround Hopes on 3D, OLEDs
A third to a half of the Sony Corp. TV sets sold annually will be packed with 3-D features by the year ending March 2013, ...
China Stimulus Could Fuel Trade Conflicts Says EU Report
China's stimulus spending has fueled massive overexpansion in industrial capacity that could drive a surge in low-priced exports amid weak global demand
Toyota Slashes Executive Bonuses 20%
Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the U.S. and deep losses for the second straight ...
Online Ad Revenues Show Quarterly Rebound
Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip ...
Drop in Jobless Claims Prompts Small Rally
Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.
Tiffany Raises Outlook After Q3 Outperforms
Curbed discretionary spending pushed Tiffany & Co.'s U.S. sales lower in the third quarter, contributing to a 1 percent profit decline.
Toyota to Replace Gas Pedals on 3.8 Mil. Cars
Toyota Motor Corp. said Wednesday it will replace accelerator pedals on 3.8 million recalled vehicles in the United States
Beijing Automotive Looks at Saab After Deal Collapsed
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports
Tire Prices Rise on Tariffs, Rising Demand
Tire prices are inflating. Tariffs on imports, lower supplies and higher demand from drivers buying winter tires are combining to jack up costs.
Nissan, FedEx Urge Massive Move toward Electric Cars
A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
New England Recovery Slower Than Nation's
The worst of the recession may be over, but a new economic forecast points to a "slow and weak recovery" in the New England states, ...
Applied Materials to Cut At Least 1,300 Jobs
Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs
ExpressJet Reports 8% Traffic Increase
ExpressJet Holdings Inc. said traffic on its airlines rose 8 percent and planes were more full in October than they were a year ago.
Small Businesses Cut Costs with Home Workers
There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.
U.S. Feared on Course to Repeat Japan's Lost Decade
Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists
Asian Stocks Rise on Growth in China, Japan
Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track
China Consumer Growth Offsets Export Decline
The slump in China's exports eased last month as industrial output and retail sales rose sharply, the government said Wednesday, showing that recovery in the ...
U.S. Recovery Threatened by Unemployment Says World Bank
Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession
GM Chief Engineer Relieved Opel Staying with GM
When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer.
Adobe to Cut 680 Full-Time Jobs
dobe Systems said Tuesday it is cutting 680 full-time jobs, or about 9 percent of its work force, to align costs with its fiscal 2010 ...
HP Moves into Networking with $2.7 Bil. 3Com Buy
Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...
Asia Stocks Rise on Wall Street Surge
Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this ...
Cisco Systems Borrows $5 Bil.to Fuel Buying Binge
Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total ...
Sprint to Cut Up to 2,500 Jobs
Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.
Google to Buy Ad Mob for $750 Mil.
Google Inc. is stepping up its push to sell advertising on cell phones, announcing a deal Monday to buy a mobile ad network, AdMob, for ...
World Markets Boosted by G-20 Stimulus Pledge
World stock markets rose Monday and the dollar fell sharply against the euro after the Group of 20 leading rich and developing countries agreed to ...
China Car Sales Jump 72% in October
Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month
Northrop Sells TASC to Fund Stock Buyback Increase
Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg ...
Fry's, Safeway Prepare for Possible Strike
In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting ...
Rich Buying Again but Middle Class Still Hurting
American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...
China Solar Panel Giant to Build Plant in Phoenix
Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix
Korea Exchange, CME Partner for After-Hours Futures Trading
Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures
Stocks Jump on Upbeat Retail Data
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected
GM Reports $1.2 Bil. Loss, Sees Turnaround
General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
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