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Jobless Rate Unlikely to Be Cut Much in 2010

The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.

Toyota Extends Recall to Europe, China

Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.

Hyundai Profits Quadruple on Growth in China, India

Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009

Blatant Imitations of Google, YouTube Start Up in China

Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.

Japan Retail Sales Down for 16th Month in December

Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages

Apple Unveils $499 iPad Tablet

Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device

Caterpillar Expects Sales Rebound After Dismal Q4

Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy

Canon Profits Quintuple on Booming Camera Sales

Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.

Japan Exports Show First Growth in 15 Months

Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.

China Reassures Phone Companies on Google Android

China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute

Softbank Profits Soar on iPhone Popularity

Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter

Lenovo Profits Continue Rising on 45% China Growth

Lenovo Group, the fourth-largest personal computer maker, reported its second straight quarterly profit Thursday as strong sales in China drove its recovery

Joojoo Web Tablet Set to Debut Despite Legal Dispute

The Joojoo, a Web-browsing tablet device that's the subject of a high-profile Silicon Valley legal dispute, appears on track to reach early buyers

Estée Lauder Marks Roaring Tiger Year with Special Compact

Estée Lauder is comemorating the Year of the Tiger with a limited edition Tiger compact. The release of this special item

Asia, Europe Stocks Rise on U.S. Housing News

World stock markets jumped Wednesday, following Wall Street higher after encouraging reports about the beleaguered U.S. housing sector helped restore

Honda Profits Soar on Cost-Cutting, Green Cars

Honda's quarterly profit soared sixfold on cost cuts and strong sales of green vehicles, boosting the Japanese automaker's full year forecast

Toyota Prius Brake Complaints Total 180

The Japanese government said Wednesday it has received 14 complaints in Japan about brake problems with Toyota's popular Prius hybrid.

News Corp Posts Profits on Advertising Rebound

News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million

Signs of Life in Housing Send Stocks Up

Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.

GM Sales Up 14% in January, Toyota's Down 16%

Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...

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 ...

Iron-Ore Wars Show Limits of China's Economic Clout

China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...

Sony Pictures Lays Off 450 on Declining DVD Sales

Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs

Online Gamer Changyou.com Posts 34% Profit Jump

Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday

China Netizens Shrug Off Possible Google Exit

When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese

World Stocks Rally on Solid Manufacturing Data

World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week

JAL to Choose Between Delta and American Soon

The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe

Replacement Pedals En Route to Toyota Dealers

Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...

Korea Posts Biggest Export Jump in 21 Years

South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer

China Manufacturing Grows Despite Tighter Lending

China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control

Silicon Valley Firm to Unveil Breakthrough Fuel Cell

A secretive Silicon Valley startup working on a new way to produce cleaner energy is taking the wraps off its product: a huge box of ...

Kohl's Profits Up on Strong Sales, Tight Inventory

Kohl's Corp. grew its profit in the fourth quarter as it kept its inventory levels lean and took advantage of shoppers' trend toward buying value-priced ...

Gilette, PGA Move on Without Tiger Woods

The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial

GM Effort to Sell Hummer to Chinese Firm Collapses

Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment

Bloom Stays Secretive on Day Promised for Fuel Cell Debut

Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts

Saks Loss Shrinks in Q4

Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced

Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins

Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size

Fishermen Rally Against Federal Catch Limits

Thousands of fishermen from around the country are gathering Wednesday in front of the Capitol to demand changes to a federal fisheries law

China Firm Seeks Private Equity to Close Hummer Buy

The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators

Hyundai Recalls Sonata to Replace Door Latches

Hyundai Motor on Wednesday announced a recall of about 47,000 of its new Sonata sedans to replace front door latches following a handful

Asian Stocks Slide on U.S. Consumer Confidence Drop

Asian stock markets slid Wednesday after a plunge in American consumer confidence magnified worries about the U.S. recovery.

Durables Orders Rise on Surging Aircraft Sales

Orders to U.S. factories for big-ticket manufactured goods shot up in January by the largest amount in six months, but the strength came from a ...

Intel Suffered Hacker Attack Same Time As Google's

Intel Corp. has revealed that it was targeted by a "sophisticated" hacker attack this year at about the same time as a spying probe that ...

Toyota Says Recalls May Not Fix Acceleration Problem

Toyota's top U.S. official says the company's massive recalls may "not totally" solve the company's problems with unintended acceleration

Wall Street Bonuses Up 17% in Bailout Year

Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown

100-MPH Lexus Ride to Set Tone for Toyota Hearing

Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday

China Unicom Denies Bidding on Nigerian Phone Co.

State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports

Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee

The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.

$1.5 Bil. LAX Expansion Construction Begins

Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport

Akio Toyoda Vows to Change Company's Ways

Toyota's president says he is changing the way the automaker does business as he addresses the safety problems that have led to the recall of ...

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