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Buyers Hold the Power in Home Sales

The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of ...

Comfy Ski Boots Allow Easy Walking — at a Price

Skiing, fun. Walking in ski boots back to the lodge, not so much. In mid-September, a company in Boulder will start selling a ski boot ...

Mortgage Giants Struggling a Year After Fed Takeover

A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no ...

Mitsubishi, Peugeot to Launch Electric Car

PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to launch an electric car in Europe by the end of 2010, the companies said Friday. ...

Job Losses to Continue During Nascent Recovery

The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from ...

Prius Japan's Top Seller for 4th Month

An auto industry group says Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in August for the fourth straight month. The Japan Automobile ...

Much Fought-Over Kai-Fu Lee Leaves Google

The executive who led Google Inc.'s expansion in China after being hired away from Microsoft Corp. following a high-profile court battle is leaving to start ...

Boeing Plane Orders Fell 11% in August

Boeing Co. said Thursday orders for its commercial jets fell 11 percent in August, as weaker demand for air travel forces airlines to scale back ...

OECD Sees Earlier Recovery Than Forecast

The world economy is headed for an earlier recovery than previously forecast, although the pace of the rebound will likely remain modest for some time ...

Rhapsody Streaming Music App Okayed for iPhones

RealNetworks Inc.'s subscription music service Rhapsody has been approved for use on iPhones and iPod Touches, the first time Apple Inc. has allowed an on-demand ...

GM Kicks Off Aggressive Money-Back Campaign

General Motors kicks off a marketing campaign next week pitched by its new chairman and featuring a money-back guarantee — unsatisfied car buyers can get ...

Chinese Gov't to Help Finish Revel's Atlantic City Casino

Revel Entertainment has turned to the Chinese government for help finishing its lavish Atlantic City casino. China State Construction Engineering Corp., the construction arm of ...

Trade, Jobless Data Support Recovery Optimism

The U.S. trade deficit in July hit the highest level in six months as a record rise in imports outpaced a third straight increase in ...

Rick Niu Promoted to CMO for ING's US Retirement Services

Rick Niu, who has been heading up ING's multicultural growth strategy and execution in the U.S., was promoted to chief marketing officer for ING U.S. ...

China Could Be $1 Tril. Green Tech Market

China potentially could be a $500 billion to $1 trillion a year market for environmentally sustainable "green technologies," a group of businesses and experts said ...

Japanese Machinery Orders Fell 9.3%

Japanese machinery orders, a closely watched indicator of corporate capital spending, fell back in July after rising the previous month, the government said Thursday, suggesting ...

Asia, Europe Rise on Fed Optimism

European and Asian stocks rose Thursday and Wall Street was expected to gain at the open after a Federal Reserve report boosted hopes the U.S. ...

Cal High Court Lets Stand Starbucks Award Reversal

The California Supreme Court will not review a appeals court ruling that wiped out an $86 million judgment against coffee giant Starbucks over tip sharing ...

Multinationals Break Vietnam Laws Promoting Breast-Feeding

Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...

Fed Survey Shows U.S. Recession Ended

The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the ...

Small Businesses Becoming More Optimistic

Small business owners are joining consumers and investors in showing some cautious optimism about the economy. An index that measures owners' optimism rose last month, ...

China's Beijing Auto Joins in Saab Takeover Bid

China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General ...

Asia, Europe Stocks Drop on Export Fear of Weak Dollar

European and Asian stocks drifted lower Wednesday as a drop in the value of the dollar hit world exporters, pushing investors to cash in on ...

Fed Plan to Boost Int'l Visitors Includes $10 Fee

Lawmakers are working together at least one bipartisan venture before turning their full attention to health care. The Senate appears poised to pass a bill ...

Palm to Release Cheaper Lighter Version of Pre

Palm Inc., which revitalized its product line with the Pre smart phone launch in June, is hoping to keep momentum going with the release of ...

Taxpayers Likely to Lose Billions on Auto Bailout

Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a ...

California Tax Panel Recommends Total Overhaul

A commission charged with reforming California's tax structure will recommend repealing the state sales and corporate taxes, flattening the income tax rate and taxing businesses ...

China Romantic Comedy Gets Fox Investment

Fox Filmed Entertainment says it has invested in its first Chinese film, becoming the latest Hollywood studio to enter the booming mainland movie market. The ...

AT&T to Sell Garmin GPS-Hybrid Nuvifone

After more than a year of delays, Garmin Ltd.'s GPS unit/wireless device hybrid nuvifone is finally going on sale in the U.S. Garmin, based in ...

Leading China Filmmaker Plans $91 Mil. IPO

Huayi Brothers, one of China's leading filmmakers, has listed itself on ChiNext with an eye toward raising 620 million Chinese yuan ($91 million) in an ...

Warner to Return Music to YouTube Under New Deal

Warner Music Group Corp. has agreed to return songs and music videos from its artists to the YouTube video site, after a monthslong boycott over ...

Singapore Recoups Half of Big Loss from Crash

Singapore state investment company GIC said Tuesday its investments fell more than 20 percent in the 12 months ending March, but have recovered more than ...

Asian Stocks Rise on Yen Fall, Wall Street Jump

Asian stocks bounced back Tuesday as big corporate takeovers in the U.S. gave investors a new shot of confidence and the yen retreated from a ...

CNN to Charge Fee to Download Its iPhone App

CNN is coming out with an iPhone application Tuesday that has a feature few other news apps have tried: a price tag. There's been a ...

Japan Fears Deflation on Record Drop in Prices

The government says prices in Japan tumbled at a record pace in August amid growing worries about jobs and wages. The country's core consumer price ...

CIT May File Chapt. 11 If Lender Meeting Fails

CIT Group Inc.'s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage ...

China Gives Bombardier $4 Bil. Hi-Speed Train Contract

Train maker Bombardier Inc. said Monday its Chinese joint venture has been awarded a $4 billion contract to build 80 high-speed trains for China's railway ...

Asian Stocks Fall on Strengthening Currencies

World stocks fell Monday after disappointing data from the U.S. undermined hopes of a fast economic recovery and a sharp strengthening in Asian currencies hurt ...

Fox Cable News Wins Big by Catering to Angry Wingnuts

Amplifying the nation's political division has been good business for Fox News Channel and MSNBC during this season of anger — but it may come ...

Xerox to Buy Affiliated Computer Svcs for $5.75 Bil.

Xerox has announced a deal to buy the business processing company Affiliated Computer Services for about $5.75 billion.

Airlines Add Baggage Fees to Europe, India, Canada

The big U.S. airlines are charging baggage fees on some international flights, generally coach tickets between Europe and the U.S. or Canada. What you should ...

China's Richest Communists Celebrate 60th Birthday

Public loudspeakers in the central square blare the village anthem hourly: "If you want to see a miracle, come to Huaxi." Not that any reminders ...

China Industrial Profits, Growth Improve in Q2

Profits at China's oil producers, steel makers and other major industrial companies fell 10.6 percent in the first eight months of 2009 from the same ...

Japan to Rescue, Restructure JAL

Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy. "We will not crush and liquidate (the ...

Comcast Mulls Controlling Stake in NBC Universal

Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation's largest cable TV provider into one of ...

Vonage Apps Allow Free Foreign Calls for iPhone, BB

Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...

Mazda to Raise $1.1 Bil. for R&D

Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...

Consumer Spending Now Driven by Amazing Bargains

There has never been a better time to be a consumer. America is on sale. The Great Recession has caused massive job losses and hardship ...

China Tycoon Floats $8 Bil.-Plan for U.S. Green Cars

Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ...

Manhattan Apartment Sales Soared in Q3

Blink. What housing downturn? Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, ...