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$300-Bil Est. for National High-Speed Rail Lines

Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects

Taiwan Lifts Ban on U.S. Beef in Bone

Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.

Hynix Reports First Quarterly Profit in Two Years

Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...

Netflix Q3 Earnings Surge 48% on Subscriber Boom

Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...

7 Calif Cities Top Nation in Median Home Values

Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of ...

CIT Group Gets $4.5 Bil. More to Restructure Debt

CIT Group Inc., one of the nation's largest lenders to small and mid-sized businesses, said Wednesday it received $4.5 billion in credit from its own ...

New Home Sales Fall Unexpectedly

Shares of homebuilders slid Wednesday as new home sales dropped for the first time in five months.

GM to Post Sales Gains for First Time in 21 Months

General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top ...

China's Geely in Talks to Buy Volvo from Ford

Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...

Japan Carmakers Report Record China Production

Japanese automakers are experiencing a production boom in China with Toyota, Honda and Nissan setting records for September — the latest signs of an emerging ...

Asian Markets Fall on U.S. Consumer Sentiment

Global stock markets dropped Wednesday as more signs American consumers were struggling undermined hopes for a stronger turnaround in the world's largest economy.

Ex-AMD CEO Fingered As Leaker in Galleon Case

Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential ...

GMAC in Talks with Treasury for 3rd Round of Bailout

GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline ...

Feds Unveil Plans to Limit Top Executive Pay at Banks

The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...

Bill Zeroes in on Overseas Tax-Dodge Schemes

Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy tax dodgers hiding money overseas.

IBM Adds $5 Bil. to Share Buyback Program

IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the ...

Nissan Unveils New Platform for Global Minicars

It has become a vexing, billion-dollar question for the world's automakers: How do you build small, cheap cars profitably?

Honda Avoids Loss, Forecasts Surprising Profits

Japanese government incentives for green cars and strong sales in China helped Honda Motor Co. avoid red ink for the first half and raise its ...

Newspapers Report Record Circulation Losses

Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to ...

Recession Over but Suffering Continues

It's about to become official: The recession is over — but not the pain. The government will release figures this week expected to show that ...

Hertz Boosts Earnings Guidance for 2009

Hertz Global Holdings Inc. on Monday raised its earnings guidance for the year by more than 40 percent

Asian Stocks Drop on Doubts Over U.S. Recovery

Asian stocks retreated Tuesday, following losses on Wall Street amid rising concerns the markets have gotten ahead of economic realities. European markets gained modestly.

China Growth Over 7% for Jan-Sept 2009

China's economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 ...

Toyota Unveils Bigger Hybrid-Only Model

Toyota Motor Corp. has unveiled a more expensive and bigger hybrid-only model than its hit Prius, underlining the Japanese automaker's ambitions to make green technology ...

China Crosses 10 Mil. A Year Auto Production Mark

China's annual auto production surpassed 10 million for the first time on Tuesday, as a new "Liberation" model truck rolled off the assembly line at ...

Video Game Sales Improve in September

After six straight months of double-digit declines, U.S. video game sales finally saw an improvement in September. But the rebound was much more muted than ...

Honda May Move Fit Production to U.S.

Honda Motor Co. says it may move production of the popular Fit hatchback to the U.S. to offset the effects of a stronger yen. Spokesman ...

Morgan Stanley Sells Consumer Unit to Invesco

Morgan Stanley said Tuesday it will sell its retail asset management business, including the Van Kampen division, to money manager Invesco Ltd. for $1.5 billion ...

Apple Earnings Surge 47% on iPhone Sales

Apple Inc. increased its net income 47 percent in the most recent quarter as more people bought Mac computers and gave in to the iPhone ...

Stocks Rise as Earnings Beat Views

Investors found a fresh appetite for stocks Monday after a handful of earnings reports revived hopes that the economy is improving.

JAL Shares Surge on Gov't Rescue Plan

Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.

Toyota Pushes into Hyundai Country

Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry ...

Asia Stocks Rise Eyeing U.S., China Earnings

Asian stock markets were mostly higher Monday as investors looked to bellwether U.S. companies and China for guideposts to the strength of recovery in two ...

Wall Street Awaits Earnings of Consumer Bellwethers

After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights ...

Chevron Announces New Gas Find Off Australia

Energy company Chevron Corp. said Sunday it has made an additional discovery of natural gas in the giant Gorgon gas field being developed off the ...

States Sue Feds for Billions in Unclaimed Savings Bonds

The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading ...

India's Natural Gas Tied Up by Brothers' $17 Bil. Fued

An ashen Anil Ambani, one of the world's richest men, stood before a clutter of television cameras, close to tears. "There is only pain, hurt ...

Peanuts Have Crackerjack Year After Salmonella Scare

Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for ...

China to Open Stock Market for Small Firms

Trading on China's new stock market catering to smaller companies will begin Oct. 23, the chairman of the country's securities regulator said Saturday.

2009 Federal Deficit to Reach $1.4 Tril.

What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of ...

Comcast to Debut Shows Online for Subscribers

You'll be able to watch popular cable television series such as HBO's "Entourage" and AMC's "Mad Men" on your computer by the end of the ...

Hulu May Start Charging for Video Access

Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...

India's Reva to Build Electric Cars in New York

An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...

Asia Stocks Fall on Wells, China Stimulus Cut Fears

World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...

Hyundai Posts Treble in Q3 to New Record

Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...

China Growth Revs Up to 8.9% in Q3

China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...

Chain Restaurants Compete to Lure Elusive Diners

Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...

Qi Lu Announces Microsoft Search Deal with Twitter

Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...

Motorola Cliq May Impress Some As "Sick"

Imagine how you'd feel if you peaked in middle school. That's pretty much what happened to cell phone maker Motorola Inc., which had a megahit ...

Olympics Urged to Plug into YouTube Generation

The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...