New York City's Fiscal Prospects Surprisingly Bright
New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...
Business
Service Sector, Retail Sales Data Suggest Bumpy Recovery
Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports that service sector activity and retail sales unexpectedly
Comcast Faces Antitrust Hurdles to Complete NBC Deal
Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC
American Offers $1.1 to Woo Japan Airlines
American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier
Peugeot Citroen in Talks to Acquire Mitsubishi
French carmaker PSA Peugeot Citroen said Thursday it is in talks with Mitsubishi Motors Corp. that could lead to a "strategic partnership."
World Markets Buoyed by BOA TARP Repayment Plan
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion
BOA to Repay TARP $45 Bil. Within Days
Bank of America Corp. said Wednesday it plans to repay its $45 billion in government bailout funds in the next few days
Old Navy Recovery Boosts Gap Profits
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping
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
Employers to Add Jobs Starting Q1
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue
Electronic Editions Save Some Papers from Sharp Declines
While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling ...
IPO Boom Looks to Continue into 2010
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for ...
Sony Hopes Online Service Will Build Brand Loyalty
Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games
Nissan Makes Bid for Electric-Car Leadership
The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars
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
Dollar Rises, Stocks Fall on Weak Economic Data
Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.
GM Analysts Predict Strong November Sales
U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.
U.S., Japan Expected to Recover Faster than EU
The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe
Sony Chief Outlines Turnaround Plan
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...
Singapore Economy Grows for 2nd Straight Qtr
Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years
Home Construction Slowdown Cools Stock Market
Investors are turning cautious as an unexpected drop in home construction and disappointing forecasts from technology companies raise concerns
Obama Fears Too Much Stimulus Could Cause Double-Dip Recession
President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery
Wen Says China Doesn't Seek Trade Surplus with U.S.
China's premier has told President Barack Obama that Beijing doesn't seek a trade surplus with the U.S.
Delta, Skyteam Offer JAL $1 Bil. to Dump American
Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation
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 ...
iPhone Arrives in Korea to Rockabilly, Lines
Tech-savvy South Koreans began getting their coveted iPhones on Saturday amid fanfare and expectations the communication and entertainment device
Horse Industry Monitors Dubai Crisis
The debt crisis in Dubai was being closely monitored Friday by buyers and sellers of high-end racehorses, but there was no immediate indication Dubai's ruler ...
Sina Sells Shares to Chao's V.I. Holding Company
Sina Corp., an operator of Chinese language Web sites, said Friday it has completed the sale of 5.6 million shares for $180 million to a ...
iPhone Rings Up Impressive Orders Ahead of Korea Launch
The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up
Asian Stocks Fall on Dubai Fears, Low Dollar
Asian stock markets tumbled Friday, with Hong Kong and South Korea down nearly 5 percent, as fears mounted over the fallout from Dubai's massive debt
Japanese Carmakers Boost Production, Sales
Honda Motor Co. set record production in Asia and China in October for the second straight month, leading a gradual and spotty recovery at Japanese ...
Japan's Recovery Threatened by Deflation, High Yen
Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's ...
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
Jobless Professionals Vie for Holiday Sales Work
Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.
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.
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 ...
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
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
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
New York City's Fiscal Prospects Surprisingly Bright
New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...
Service Sector, Retail Sales Data Suggest Bumpy Recovery
Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports that service sector activity and retail sales unexpectedly
Comcast Faces Antitrust Hurdles to Complete NBC Deal
Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC
American Offers $1.1 to Woo Japan Airlines
American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier
Peugeot Citroen in Talks to Acquire Mitsubishi
French carmaker PSA Peugeot Citroen said Thursday it is in talks with Mitsubishi Motors Corp. that could lead to a "strategic partnership."
World Markets Buoyed by BOA TARP Repayment Plan
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion
BOA to Repay TARP $45 Bil. Within Days
Bank of America Corp. said Wednesday it plans to repay its $45 billion in government bailout funds in the next few days
Old Navy Recovery Boosts Gap Profits
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping
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
Employers to Add Jobs Starting Q1
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue
Electronic Editions Save Some Papers from Sharp Declines
While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling ...
IPO Boom Looks to Continue into 2010
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for ...
Sony Hopes Online Service Will Build Brand Loyalty
Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games
Nissan Makes Bid for Electric-Car Leadership
The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars
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
Dollar Rises, Stocks Fall on Weak Economic Data
Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.
GM Analysts Predict Strong November Sales
U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.
U.S., Japan Expected to Recover Faster than EU
The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe
Sony Chief Outlines Turnaround Plan
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...
Singapore Economy Grows for 2nd Straight Qtr
Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years
Home Construction Slowdown Cools Stock Market
Investors are turning cautious as an unexpected drop in home construction and disappointing forecasts from technology companies raise concerns
Obama Fears Too Much Stimulus Could Cause Double-Dip Recession
President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery
Wen Says China Doesn't Seek Trade Surplus with U.S.
China's premier has told President Barack Obama that Beijing doesn't seek a trade surplus with the U.S.
Delta, Skyteam Offer JAL $1 Bil. to Dump American
Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation
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 ...
iPhone Arrives in Korea to Rockabilly, Lines
Tech-savvy South Koreans began getting their coveted iPhones on Saturday amid fanfare and expectations the communication and entertainment device
Horse Industry Monitors Dubai Crisis
The debt crisis in Dubai was being closely monitored Friday by buyers and sellers of high-end racehorses, but there was no immediate indication Dubai's ruler ...
Sina Sells Shares to Chao's V.I. Holding Company
Sina Corp., an operator of Chinese language Web sites, said Friday it has completed the sale of 5.6 million shares for $180 million to a ...
iPhone Rings Up Impressive Orders Ahead of Korea Launch
The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up
Asian Stocks Fall on Dubai Fears, Low Dollar
Asian stock markets tumbled Friday, with Hong Kong and South Korea down nearly 5 percent, as fears mounted over the fallout from Dubai's massive debt
Japanese Carmakers Boost Production, Sales
Honda Motor Co. set record production in Asia and China in October for the second straight month, leading a gradual and spotty recovery at Japanese ...
Japan's Recovery Threatened by Deflation, High Yen
Japan got word Friday that prices fell again in October, just as a surging yen threatens to worsen the deflation that is undermining the country's ...
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
Jobless Professionals Vie for Holiday Sales Work
Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.
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.
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 ...
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
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
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
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