Nordstrom Profits More Than Double
Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier
Business
Kia Opens First N. American Plant in Georgia
Gov. Sonny Perdue joined Korean and American dignitaries in celebrating the opening of Kia's first North American manufacturing facility
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
January Chip Sales Up 47.2%
Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.
Personal Incomes Flat, Spending Grows in January
Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients
Buffet Says Health Care Costs Hurt U.S. Economy
Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an "economic tape worm."
Dish Network Gains Subscribers, Profits Beat Views
Dish Network's aggressive advertising blitz grabbed more subscribers for the third straight quarter, the company reported Monday, though that cut into profits
Asian Stocks Rise Again on China Manufacturing Growth
Asian stock markets advanced Monday, with Hong Kong's index up nearly 2 percent, after China said manufacturing continued to grow
Geneva Auto Show Marks Transition to Rocky Recovery
For most of the world's automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam
Toyota Plant Seen As Salvation for Mississippi Town
Terry McShan isn't thinking about car sales analyses or excess capacity when he drives by the idle Toyota plant in northeast Mississippi. He's thinking about ...
Akio Toyoda to Apologizes to China's Consumers
Toyota says its president Akio Toyoda will speak to reporters in Beijing on Monday about the company's recent quality problems.
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
IMF Chief Proposes Creating Alternative to Dollar
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries
Fannie Mae Seeks $1.53 Bil. Bailout After Big Q4 Loss
Fannie Mae is asking for a federal cash infusion of $15.3 billion after posting another big loss in the fourth quarter of last year.
Cell Phone Cameras Used for Mobile Police Surveillance
Police patrolling the Port of Los Angeles have a new tool to help improve surveillance at one of the nation's busiest ports.
Japan, Britain Data Shore Up World Markets
World markets rose Friday after solid Japanese and British economic data helped shore up investor optimism, a day after concerns about Greece's debt
China's Top State-Owned Studio Eyes Shanghai IPO
China's leading state-owned film studio is gearing up to offer shares on Shanghai's stock market by the end of the year, a senior executive
Japan Industrial Output, Retail Sales Grow
Japan's industrial output rose for the 11th straight month in January amid rising demand in China and elsewhere in Asia while retail sales
Toyota Crisis Spotlights Importance of Auto Electronics
Investigations into whatever is lurking behind Toyota's crisis of quality have put a spotlight on all that can go wrong with auto electronics
Stocks Fall on Jitters Over Pace of Recovery
Stocks tumbled Thursday as downbeat news about the nation's job market and debt loads in Europe revived fears that a global economic recovery
Toyota Faces More Hurdles to Business As Usual
Even as Toyota CEO Akio Toyoda wrapped up a grueling appearance before Congress, the head of the world's largest automaker wasn't leaving
Toyota May Extend Warranties to Keep Customers
Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls.
HP Profits Grow 25% on PC Sales, Cost-Cutting
Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.
Eurozone Exports Shrank 18% in 2009
Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...
Toyota Considers Recall of Corolla Power Steering
Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Four Top U.S. Carriers Vie for Central Tokyo Route
The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic
Metronics Introduces Brain-Stimulation Implants
Medtronic Inc. said Tuesday it began marketing two surgically implanted devices that are intended to help relieve symptoms for patients with neurodegenerative diseases.
Foreign Demand for U.S. Securities Falls
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing
Kraft Profits More than Treble on Rising Sales
Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits
World Markets Cautiously Up on Barclays Earnings
World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...
Akio Toyoda Agrees to Answer More Questions
Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday
Sands Loss Narrows on Gambling Rebound in Macau, Vegas
Casino operator Las Vegas Sands Corp. said Wednesday that its fourth-quarter loss narrowed as its casinos in Macau showed a strong recovery
Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
Japan's Q4 GDP Grew at 4.6%
Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
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
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Nordstrom Profits More Than Double
Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier
Kia Opens First N. American Plant in Georgia
Gov. Sonny Perdue joined Korean and American dignitaries in celebrating the opening of Kia's first North American manufacturing facility
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
January Chip Sales Up 47.2%
Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.
Personal Incomes Flat, Spending Grows in January
Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients
Buffet Says Health Care Costs Hurt U.S. Economy
Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an "economic tape worm."
Dish Network Gains Subscribers, Profits Beat Views
Dish Network's aggressive advertising blitz grabbed more subscribers for the third straight quarter, the company reported Monday, though that cut into profits
Asian Stocks Rise Again on China Manufacturing Growth
Asian stock markets advanced Monday, with Hong Kong's index up nearly 2 percent, after China said manufacturing continued to grow
Geneva Auto Show Marks Transition to Rocky Recovery
For most of the world's automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam
Toyota Plant Seen As Salvation for Mississippi Town
Terry McShan isn't thinking about car sales analyses or excess capacity when he drives by the idle Toyota plant in northeast Mississippi. He's thinking about ...
Akio Toyoda to Apologizes to China's Consumers
Toyota says its president Akio Toyoda will speak to reporters in Beijing on Monday about the company's recent quality problems.
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
IMF Chief Proposes Creating Alternative to Dollar
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries
Fannie Mae Seeks $1.53 Bil. Bailout After Big Q4 Loss
Fannie Mae is asking for a federal cash infusion of $15.3 billion after posting another big loss in the fourth quarter of last year.
Cell Phone Cameras Used for Mobile Police Surveillance
Police patrolling the Port of Los Angeles have a new tool to help improve surveillance at one of the nation's busiest ports.
Japan, Britain Data Shore Up World Markets
World markets rose Friday after solid Japanese and British economic data helped shore up investor optimism, a day after concerns about Greece's debt
China's Top State-Owned Studio Eyes Shanghai IPO
China's leading state-owned film studio is gearing up to offer shares on Shanghai's stock market by the end of the year, a senior executive
Japan Industrial Output, Retail Sales Grow
Japan's industrial output rose for the 11th straight month in January amid rising demand in China and elsewhere in Asia while retail sales
Toyota Crisis Spotlights Importance of Auto Electronics
Investigations into whatever is lurking behind Toyota's crisis of quality have put a spotlight on all that can go wrong with auto electronics
Stocks Fall on Jitters Over Pace of Recovery
Stocks tumbled Thursday as downbeat news about the nation's job market and debt loads in Europe revived fears that a global economic recovery
Toyota Faces More Hurdles to Business As Usual
Even as Toyota CEO Akio Toyoda wrapped up a grueling appearance before Congress, the head of the world's largest automaker wasn't leaving
Toyota May Extend Warranties to Keep Customers
Toyota Motor Corp. may offer incentives or increase the length of its warranties as it tries to recover from an embarrassing string of safety-related recalls.
HP Profits Grow 25% on PC Sales, Cost-Cutting
Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.
Eurozone Exports Shrank 18% in 2009
Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...
Toyota Considers Recall of Corolla Power Steering
Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Four Top U.S. Carriers Vie for Central Tokyo Route
The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic
Metronics Introduces Brain-Stimulation Implants
Medtronic Inc. said Tuesday it began marketing two surgically implanted devices that are intended to help relieve symptoms for patients with neurodegenerative diseases.
Foreign Demand for U.S. Securities Falls
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing
Kraft Profits More than Treble on Rising Sales
Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits
World Markets Cautiously Up on Barclays Earnings
World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...
Akio Toyoda Agrees to Answer More Questions
Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday
Sands Loss Narrows on Gambling Rebound in Macau, Vegas
Casino operator Las Vegas Sands Corp. said Wednesday that its fourth-quarter loss narrowed as its casinos in Macau showed a strong recovery
Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
Japan's Q4 GDP Grew at 4.6%
Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
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
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Recent Stories
- How Americans Plan to Celebrate July 4th 250
- Tesla's China-Made EV Sales Jumped 24.4% on Year in June
- OpenAI Proposes AI Firms Hand 5% Stakes to US Government
- Microsoft Launches Firm to Help Companies Adopt AI with $2.5 Billion
- Rivian Raises 2026 Delivery Forecast on Strong Demand, R2 Boost
- US Job Growth Slowed in June but Unemployment Rate Fell to 4.2% As Labor Force Shrinks
- Tesla Posts Record Q2 Deliveries on Europe Sales Rebound
- The Billionaire Who Built Shein
- S. Korean Shops Turn to Robots, Self-Service to Escape Labour Woes
- Largest US Power Grid Saw 15-Fold Rate Spike on Record Demand in Heat Wave