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
Business
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
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
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence
World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe
Toyota Expands Recall to Priuses Sold in U.S., Japan
Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday
Feds Oppose Google's Digital Book Deal
The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...
IPO Market Suddenly Looks Less Promising
Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...
Southwest Expects Record Revenues in 2010
Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.
Firms Boost Productivity Instead of Hiring
Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.
18 Charged in Theft of Samsung Chip Technology
The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18
Toyota Says Flaw in Prius Brakes Fixed Last Month
Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels
Baidu Posts 48% Profit Jump on Booming Growth
Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed.
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 ...
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.
Americans Spent Modestly in January
Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year ...
Opera to Unveil Unapproved Browser for iPhone
Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference
World Markets Rise on Greece Bailout Prospects
Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package
Toyota Reprograms Prius Brake Software in Japan
Prius owners in Japan are rushing to dealers for repairs a day after Toyota's president announced a global recall for a glitch in the car's ...
China Imports Skyrocket As Trade Enters Full Recovery
China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track.
Honda Adds 437,000 Cars to Global Airbag Recall
Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese ...
Toyota Reports $1.7 Bil. Profit, Raises Forecast
Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook
Toyota Recalls 437,000 Hybrids for Brake Fix
Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing ...
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
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
Smart Phones Boost Nokia Profits 65%
The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
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.
Estee Lauder Profits Surge 62% on Asia Growth
Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent
Ford Surprises with $2.7 Bil. Profits for 2009
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
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
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
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
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence
World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe
Toyota Expands Recall to Priuses Sold in U.S., Japan
Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday
Feds Oppose Google's Digital Book Deal
The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...
IPO Market Suddenly Looks Less Promising
Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...
Southwest Expects Record Revenues in 2010
Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.
Firms Boost Productivity Instead of Hiring
Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.
18 Charged in Theft of Samsung Chip Technology
The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18
Toyota Says Flaw in Prius Brakes Fixed Last Month
Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels
Baidu Posts 48% Profit Jump on Booming Growth
Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed.
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 ...
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.
Americans Spent Modestly in January
Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year ...
Opera to Unveil Unapproved Browser for iPhone
Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference
World Markets Rise on Greece Bailout Prospects
Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package
Toyota Reprograms Prius Brake Software in Japan
Prius owners in Japan are rushing to dealers for repairs a day after Toyota's president announced a global recall for a glitch in the car's ...
China Imports Skyrocket As Trade Enters Full Recovery
China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track.
Honda Adds 437,000 Cars to Global Airbag Recall
Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese ...
Toyota Reports $1.7 Bil. Profit, Raises Forecast
Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook
Toyota Recalls 437,000 Hybrids for Brake Fix
Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing ...
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
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
Smart Phones Boost Nokia Profits 65%
The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
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.
Estee Lauder Profits Surge 62% on Asia Growth
Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent
Ford Surprises with $2.7 Bil. Profits for 2009
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
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