Japan Consumer Spending Rose 2.6% in August
Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...
Business
Toyota Warns Against Wrong-Size Floor Mats
Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's ...
IBM Undercuts Google with Corporate Email Service
IBM Corp. is trying to stymie Google Inc.'s expansion into the business software market. The weapon: a bare-bones e-mail service that IBM is selling to ...
U.S. Banks Earned $5.2 Bil. Trading Derivatives in Q2
U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex ...
Consumer Spending Jumped in August
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years ...
New Jobless Claims Show Surprising Rise
First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And ...
GM Kills Off Saturn
For those who expected General Motors' once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed ...
Economy Shows Many Recovery Signs
Consumer spending, the bulwark of economic growth, is showing signs of life as the economy transitions from recession to recovery. The key question is whether ...
Microsoft Video on Windows 7 Launch Parties Amuses
You almost have to feel bad for Microsoft. The software maker isn't known for hip marketing tactics, and now that a Windows 7 video has ...
TV Nets Weave More Ads into Series Plotlines
In television's latest quest to discourage viewers from skipping ads, actors from NBC and ABC shows are appearing in character in commercials to interact with ...
Prius Boosts Size, Gas Mileage for 2010
There's a little something extra for car buyers who have their hearts set on top fuel mileage in the Toyota Prius. But they'd better not ...
GM Ends Trial Selling Cars on eBay
General Motors Co. said Tuesday that it is concluding its partnership with eBay Inc. in which the automaker used the auction site to sell new ...
World Markets Slip Ahead of Fed Meeting
World stock markets were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. ...
World Stocks Gain on Upbeat Asia Assessment
European stock markets followed Asia higher on Tuesday after the Asian Development Bank upgraded its growth forecasts for major economies like China and India and ...
Suntory Bids $2.7 Bil. for European Drink Maker Orangina
Japan's Suntory Holdings has made a binding offer to buy European drink maker Orangina from private equity firms Blackstone and Lion Capital, the equity firms ...
Singapore Cuts Citigroup Holdings to Below 5%
A Singapore sovereign wealth fund said Tuesday it has cut its stake in Citigroup Inc. from 9 percent to below 5 percent, reducing its holding ...
Facebook Scraps Beacon Tracking to Settle Lawsuits
Facebook is shutting down its much-maligned Beacon marketing program, launched nearly two years ago amid fanfare only to generate a storm of privacy complaints over ...
August Leading Indicators Higher Than Forecast
A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference Board said ...
Dell to Buy Perot Systems for $3.9
Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business ...
Intel's Hardball Sales Tactics Detailed by EU
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over ...
Emmies Show Acknowledges Decline of TV
A year after its least-watched telecast ever, the Emmy Awards plaintively acknowledged TV's changing role in the Internet age, bringing a collective sense of reckoning ...
Yahoo to Spend $100 Mil. to Build Brand Buzz
Yahoo Inc. believes a lot of its good work has been overlooked by investors and the media so it's spending more than $100 million to ...
10 Mil. Jobs Would Reward Climate Action Says Blair
Former British Prime Minister Tony Blair says he hopes to break the "deadlock" in global climate talks with evidence that 10 million jobs could be ...
California Moves toward Major Tax Overhaul
A special commission this week is scheduled to recommend a sweeping overhaul of California's antiquated tax system, a move designed to bring fiscal sanity to ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Falling Exports Keep Japan Mired in Recession
Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...
New Home Sales Rise but Below Expectations
New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery ...
China to Top Global Auto Sales in 2009
China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...
China Ties Banker Pay to Risk, Rejects Caps
China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...
Ford Ramps Up China Expansion with 3rd Plant
Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...
Rim Outlook Weak on New Phone Delays
BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...
Stocks Fall After Home Sales Data Shows Drop
Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...
World Stocks Fall on Jitters Over Possible Stimulus Cuts
World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...
Japan Air Lines Seeks Bailout
The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...
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.
Honda Introduces Tiny Personal Mobility Device
Honda's new "personal mobility" device looks like a unicycle, but all you need to do to zip around on it — sideways as well as ...
Baidu Founder Robin Li a Rock Star in Google Country
The billionaire founder of a popular search engine drew a big crowd Wednesday at Stanford University — and it wasn't one of the guys that ...
Top Russian Tycoon to Buy New Jersey Nets
Could the New Jersey Nets become the Nyets? The basketball team once known as the New Jersey Americans is a step closer to being owned ...
Stocks Take Break from Rally Ahead of Fed Decision
Stock futures are creeping higher Wednesday as investors await the Federal Reserve's decision on interest rates. Markets overseas were mixed. Asian markets fell slightly overnight, ...
Choosy McDonald's Sets Rules for Potato Farmers
From the fields of Idaho to tasting rooms in suburban Chicago, potato farmers, researchers and industry representatives are in the midst of an elusive hunt: ...
Fed Likely to Leave Supports in Place
Nurturing a nascent recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low and probably will keep other economic ...
Ford Adds Low-Cost Compact to India Lineup
Ford Motor Co. will manufacture a low-cost compact car in India from early next year, the automaker said Wednesday, as it seeks to boost sales ...
HSBC Profits Double to $6.8 Bil.
British bank HSBC Holdings PLC said Monday that its first-half net profit more than doubled to $6.76 billion as provisions
RIM in Talks with India Over Access to Blackberry Emails
BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government
Most Carmakers Post Higher U.S. Sales for July
Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns
Japan Consumer Spending Rose 2.6% in August
Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...
Toyota Warns Against Wrong-Size Floor Mats
Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's ...
IBM Undercuts Google with Corporate Email Service
IBM Corp. is trying to stymie Google Inc.'s expansion into the business software market. The weapon: a bare-bones e-mail service that IBM is selling to ...
U.S. Banks Earned $5.2 Bil. Trading Derivatives in Q2
U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex ...
Consumer Spending Jumped in August
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years ...
New Jobless Claims Show Surprising Rise
First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And ...
GM Kills Off Saturn
For those who expected General Motors' once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed ...
Economy Shows Many Recovery Signs
Consumer spending, the bulwark of economic growth, is showing signs of life as the economy transitions from recession to recovery. The key question is whether ...
Microsoft Video on Windows 7 Launch Parties Amuses
You almost have to feel bad for Microsoft. The software maker isn't known for hip marketing tactics, and now that a Windows 7 video has ...
TV Nets Weave More Ads into Series Plotlines
In television's latest quest to discourage viewers from skipping ads, actors from NBC and ABC shows are appearing in character in commercials to interact with ...
Prius Boosts Size, Gas Mileage for 2010
There's a little something extra for car buyers who have their hearts set on top fuel mileage in the Toyota Prius. But they'd better not ...
GM Ends Trial Selling Cars on eBay
General Motors Co. said Tuesday that it is concluding its partnership with eBay Inc. in which the automaker used the auction site to sell new ...
World Markets Slip Ahead of Fed Meeting
World stock markets were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. ...
World Stocks Gain on Upbeat Asia Assessment
European stock markets followed Asia higher on Tuesday after the Asian Development Bank upgraded its growth forecasts for major economies like China and India and ...
Suntory Bids $2.7 Bil. for European Drink Maker Orangina
Japan's Suntory Holdings has made a binding offer to buy European drink maker Orangina from private equity firms Blackstone and Lion Capital, the equity firms ...
Singapore Cuts Citigroup Holdings to Below 5%
A Singapore sovereign wealth fund said Tuesday it has cut its stake in Citigroup Inc. from 9 percent to below 5 percent, reducing its holding ...
Facebook Scraps Beacon Tracking to Settle Lawsuits
Facebook is shutting down its much-maligned Beacon marketing program, launched nearly two years ago amid fanfare only to generate a storm of privacy complaints over ...
August Leading Indicators Higher Than Forecast
A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference Board said ...
Dell to Buy Perot Systems for $3.9
Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business ...
Intel's Hardball Sales Tactics Detailed by EU
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over ...
Emmies Show Acknowledges Decline of TV
A year after its least-watched telecast ever, the Emmy Awards plaintively acknowledged TV's changing role in the Internet age, bringing a collective sense of reckoning ...
Yahoo to Spend $100 Mil. to Build Brand Buzz
Yahoo Inc. believes a lot of its good work has been overlooked by investors and the media so it's spending more than $100 million to ...
10 Mil. Jobs Would Reward Climate Action Says Blair
Former British Prime Minister Tony Blair says he hopes to break the "deadlock" in global climate talks with evidence that 10 million jobs could be ...
California Moves toward Major Tax Overhaul
A special commission this week is scheduled to recommend a sweeping overhaul of California's antiquated tax system, a move designed to bring fiscal sanity to ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Falling Exports Keep Japan Mired in Recession
Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...
New Home Sales Rise but Below Expectations
New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery ...
China to Top Global Auto Sales in 2009
China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...
China Ties Banker Pay to Risk, Rejects Caps
China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...
Ford Ramps Up China Expansion with 3rd Plant
Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...
Rim Outlook Weak on New Phone Delays
BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...
Stocks Fall After Home Sales Data Shows Drop
Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...
World Stocks Fall on Jitters Over Possible Stimulus Cuts
World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...
Japan Air Lines Seeks Bailout
The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...
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.
Honda Introduces Tiny Personal Mobility Device
Honda's new "personal mobility" device looks like a unicycle, but all you need to do to zip around on it — sideways as well as ...
Baidu Founder Robin Li a Rock Star in Google Country
The billionaire founder of a popular search engine drew a big crowd Wednesday at Stanford University — and it wasn't one of the guys that ...
Top Russian Tycoon to Buy New Jersey Nets
Could the New Jersey Nets become the Nyets? The basketball team once known as the New Jersey Americans is a step closer to being owned ...
Stocks Take Break from Rally Ahead of Fed Decision
Stock futures are creeping higher Wednesday as investors await the Federal Reserve's decision on interest rates. Markets overseas were mixed. Asian markets fell slightly overnight, ...
Choosy McDonald's Sets Rules for Potato Farmers
From the fields of Idaho to tasting rooms in suburban Chicago, potato farmers, researchers and industry representatives are in the midst of an elusive hunt: ...
Fed Likely to Leave Supports in Place
Nurturing a nascent recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low and probably will keep other economic ...
Ford Adds Low-Cost Compact to India Lineup
Ford Motor Co. will manufacture a low-cost compact car in India from early next year, the automaker said Wednesday, as it seeks to boost sales ...
HSBC Profits Double to $6.8 Bil.
British bank HSBC Holdings PLC said Monday that its first-half net profit more than doubled to $6.76 billion as provisions
RIM in Talks with India Over Access to Blackberry Emails
BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government
Most Carmakers Post Higher U.S. Sales for July
Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns
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