China Will Stay Top Car Market Says GM Exec
China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.
Business
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
IBM Profits Rise 9% As Revenue Growth Resumes
IBM Corp. said Tuesday that it managed a 9 percent increase in profit in the last quarter as the technology company's revenue grew for the ...
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
World Bank Fears Economic Dip When Stimulus Ends
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning
China Growth Jumps to 10.7% for Q4
China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures
NY Times to Charge for Online Access in 2011
The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...
Toyota Takes Stake in Argentina Lithium Mining Venture
A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...
U.S. Recession Fed Hiring at Indian Outsourcing Firms
India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.
World Markets Fall on China Lending Curbs
China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs
Baidu Sues Register.com for Hacking Attack
China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking
LG Display Profits Jump on Surge in Q4 Sales
LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged
Jobless Claims, Durable Orders Hint at Slow Recovery
Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.
JAL's Asia Routes Real Prize of American-Delta Contest
Japan Airlines isn't the real prize in the fight between Delta Air Lines and American Airlines over who gets to partner with the troubled carrier.
China's HK Signs Italian Designer for U.S. Hybrid Car
A former Chinese carmaker planning a hybrid car assembly plant in Alabama has lined up a veteran engineering and design firm
Ad Revenues Expected to Rise in 2010
company that tracks advertising trends raised its outlook for the year Tuesday and said the two-year slump in U.S. ad revenue may be ending.
SoCal Home Median Prices Rose in November
The median home price in Southern California posted its first year-on-year gain last month since the summer of 2007
Baidu Shares Drop on Departure of CTO Yinan Li
Shares of Baidu Inc. fell Tuesday after China's leading search engine operator said its chief technology officer has resigned
Marriage Elevates Economic Status of More Men
Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost
Cadbury Agrees to $18.9 Bil. Kraft Takeover Offer
British candy maker Cadbury PLC on Tuesday accepted and recommended to shareholders Kraft's improved takeover offer worth $18.9 billion
Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss
Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
German Exports Fell Most in 60 Years
German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch
HK Animation Studio Behind TMNT, Astroboy Shuts Down
The Hong Kong studio behind "TMNT" and "Astro Boy" has shut down as its parent company tries to recover from losses.
Nissan Returned to Profit in Q4
Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier
Apple Wins Smart Phone Sales at Blackberry's Expense
Apple Inc.'s iPhone gained a percentage point of U.S. smart phone market share while BlackBerry maker Research in Motion Inc. lost a point in the ...
Dow Closes Below 10,000 for First Time in 3 Months
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
Toyota Plans to Recall 300,000 Priuses
Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Silicon Valley Economy May Be Losing Global Edge
Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Commercial Real Estate Danger Seen by Panel
Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes
China Inflation Eases, Cuts Interest-Rate Pressure
A spike in China's inflation eased in January, reducing pressure for Beijing to hike interest rates and cool surging prices as it tries to keep ...
China Will Stay Top Car Market Says GM Exec
China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
IBM Profits Rise 9% As Revenue Growth Resumes
IBM Corp. said Tuesday that it managed a 9 percent increase in profit in the last quarter as the technology company's revenue grew for the ...
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
World Bank Fears Economic Dip When Stimulus Ends
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning
China Growth Jumps to 10.7% for Q4
China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures
NY Times to Charge for Online Access in 2011
The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...
Toyota Takes Stake in Argentina Lithium Mining Venture
A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...
U.S. Recession Fed Hiring at Indian Outsourcing Firms
India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.
World Markets Fall on China Lending Curbs
China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs
Baidu Sues Register.com for Hacking Attack
China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking
LG Display Profits Jump on Surge in Q4 Sales
LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged
Jobless Claims, Durable Orders Hint at Slow Recovery
Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.
JAL's Asia Routes Real Prize of American-Delta Contest
Japan Airlines isn't the real prize in the fight between Delta Air Lines and American Airlines over who gets to partner with the troubled carrier.
China's HK Signs Italian Designer for U.S. Hybrid Car
A former Chinese carmaker planning a hybrid car assembly plant in Alabama has lined up a veteran engineering and design firm
Ad Revenues Expected to Rise in 2010
company that tracks advertising trends raised its outlook for the year Tuesday and said the two-year slump in U.S. ad revenue may be ending.
SoCal Home Median Prices Rose in November
The median home price in Southern California posted its first year-on-year gain last month since the summer of 2007
Baidu Shares Drop on Departure of CTO Yinan Li
Shares of Baidu Inc. fell Tuesday after China's leading search engine operator said its chief technology officer has resigned
Marriage Elevates Economic Status of More Men
Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost
Cadbury Agrees to $18.9 Bil. Kraft Takeover Offer
British candy maker Cadbury PLC on Tuesday accepted and recommended to shareholders Kraft's improved takeover offer worth $18.9 billion
Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss
Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
German Exports Fell Most in 60 Years
German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch
HK Animation Studio Behind TMNT, Astroboy Shuts Down
The Hong Kong studio behind "TMNT" and "Astro Boy" has shut down as its parent company tries to recover from losses.
Nissan Returned to Profit in Q4
Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier
Apple Wins Smart Phone Sales at Blackberry's Expense
Apple Inc.'s iPhone gained a percentage point of U.S. smart phone market share while BlackBerry maker Research in Motion Inc. lost a point in the ...
Dow Closes Below 10,000 for First Time in 3 Months
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
Toyota Plans to Recall 300,000 Priuses
Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Silicon Valley Economy May Be Losing Global Edge
Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Commercial Real Estate Danger Seen by Panel
Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes
China Inflation Eases, Cuts Interest-Rate Pressure
A spike in China's inflation eased in January, reducing pressure for Beijing to hike interest rates and cool surging prices as it tries to keep ...
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