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 ...
Business
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 ...
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 ...
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
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
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
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
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 ...
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
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.
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 ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
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 ...
Home Sales Rose Again in November
Home resales are expected to have risen to their highest level in nearly three years in November, as an extraordinary level of federal support has ...
Economic Growth Accelerates in 4th Quarter
The economy started the year in free-fall but is on track to end 2009 on stronger footing.
Carmakers Can't Meet China's Exploding Demand
Minivan salesman Zhu Yi has a problem that most auto dealers elsewhere would happily swap for their own — he doesn't have enough vehicles
Second Boeing 787 Set for Tuesday Test flight
Boeing says its second 787 will take to the skies on Tuesday. The company has scheduled a test flight for the second jetliner at 8:45 ...
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.
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.
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
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 ...
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 ...
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
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
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
City Center Opens in Las Vegas with Big Bash
Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
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 ...
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
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.
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 ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
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 ...
Home Sales Rose Again in November
Home resales are expected to have risen to their highest level in nearly three years in November, as an extraordinary level of federal support has ...
Economic Growth Accelerates in 4th Quarter
The economy started the year in free-fall but is on track to end 2009 on stronger footing.
Carmakers Can't Meet China's Exploding Demand
Minivan salesman Zhu Yi has a problem that most auto dealers elsewhere would happily swap for their own — he doesn't have enough vehicles
Second Boeing 787 Set for Tuesday Test flight
Boeing says its second 787 will take to the skies on Tuesday. The company has scheduled a test flight for the second jetliner at 8:45 ...
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.
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.
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
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