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 ...
Business
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 ...
China Commissions World's Biggest Solar Power Plant
First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...
At 50 Motown Recalls Founder Berry Gordy
On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...
Global Stocks Rise on M&A Activity, Recovery Signs
The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...
China Unveils 200-Seat Jet at Asia Air Show
China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...
U.S. Falls to 2nd in Economic Competitiveness
The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...
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 ...
Google China Reshuffles After Kai-Fu Lee Departure
The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding ...
Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid
Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...
World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve
World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...
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 ...
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 ...
American, Delta Mull Stake in JAL
American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...
Airlines Cut Flights to Lowest Level Since 2001
The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...
Struggling JAL Considers Tieup with Air France-KLM
Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper said Saturday. Asia's biggest airline hopes to expand its ...
GM Rescinds Spring's White-Collar Pay Cuts
General Motors Co. has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy protection. ...
World Stocks Rise on Good News from China, U.S.
European and Asian stock markets rose Friday on strong economic data from China and comments by U.S. Treasury Secretary Timothy Geithner, who said the financial ...
China Output, Consumer Spending Surged in August
China's recovery gained momentum in August as stimulus spending helped boost industrial output, investment and retail sales in the world's third-largest economy, offsetting a slump ...
China's Exports, Trade Surplus Fell in August
China's exports languished in August, contracting 23 percent, increasing the onus on Beijing's massive stimulus spending to drive an economic recovery. Customs data released Friday ...
Japan's Q2 Growth Was Weaker Than Estimated
Japan's growth in the second quarter was weaker than initially thought, but government figures still show that the world's second largest economy has managed to ...
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 ...
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 ...
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 ...
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 ...
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 Stocks Plunge, Drive Down Asian Markets
Asian markets sank Monday as Chinese stocks plunged nearly 7 percent and Japanese shares weakened after the country's opposition party came to power in a ...
MGM Mirage Looks to Franchising to Expand Overseas
Struggling with an economy that has gouged gambling profits and cut casino companies' ability to borrow, MGM Mirage hopes to keep expanding its international hotel ...
OC Register Publisher to File for Bankruptcy Protection
The Wall Street Journal is reporting that the owner of the Orange County Register is expected to file for Chapter 11 bankruptcy protection this week. ...
Investors Seek Clear Signs of Economic Growth
While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a ...
Japan Factory Output Rises for 5th Straight Month
Japan's factory output rose for the fifth straight month in July and is expected to keep climbing — one of the few encouraging signs for ...
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 ...
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 ...
China Commissions World's Biggest Solar Power Plant
First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...
At 50 Motown Recalls Founder Berry Gordy
On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...
Global Stocks Rise on M&A Activity, Recovery Signs
The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...
China Unveils 200-Seat Jet at Asia Air Show
China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...
U.S. Falls to 2nd in Economic Competitiveness
The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...
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 ...
Google China Reshuffles After Kai-Fu Lee Departure
The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding ...
Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid
Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...
World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve
World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...
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 ...
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 ...
American, Delta Mull Stake in JAL
American Airlines parent AMR Corp. is negotiating for closer ties and possibly an investment in financially troubled Japan Airlines Corp., according to a person familiar ...
Airlines Cut Flights to Lowest Level Since 2001
The U.S. airline industry is shrinking to a size not seen since the months after the 2001 terror attacks. The airlines have been trimming flights ...
Struggling JAL Considers Tieup with Air France-KLM
Struggling Japan Airlines Corp. has entered talks with Air France-KLM over a capital tie-up, a newspaper said Saturday. Asia's biggest airline hopes to expand its ...
GM Rescinds Spring's White-Collar Pay Cuts
General Motors Co. has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy protection. ...
World Stocks Rise on Good News from China, U.S.
European and Asian stock markets rose Friday on strong economic data from China and comments by U.S. Treasury Secretary Timothy Geithner, who said the financial ...
China Output, Consumer Spending Surged in August
China's recovery gained momentum in August as stimulus spending helped boost industrial output, investment and retail sales in the world's third-largest economy, offsetting a slump ...
China's Exports, Trade Surplus Fell in August
China's exports languished in August, contracting 23 percent, increasing the onus on Beijing's massive stimulus spending to drive an economic recovery. Customs data released Friday ...
Japan's Q2 Growth Was Weaker Than Estimated
Japan's growth in the second quarter was weaker than initially thought, but government figures still show that the world's second largest economy has managed to ...
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 ...
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 ...
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 ...
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 ...
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 Stocks Plunge, Drive Down Asian Markets
Asian markets sank Monday as Chinese stocks plunged nearly 7 percent and Japanese shares weakened after the country's opposition party came to power in a ...
MGM Mirage Looks to Franchising to Expand Overseas
Struggling with an economy that has gouged gambling profits and cut casino companies' ability to borrow, MGM Mirage hopes to keep expanding its international hotel ...
OC Register Publisher to File for Bankruptcy Protection
The Wall Street Journal is reporting that the owner of the Orange County Register is expected to file for Chapter 11 bankruptcy protection this week. ...
Investors Seek Clear Signs of Economic Growth
While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a ...
Japan Factory Output Rises for 5th Straight Month
Japan's factory output rose for the fifth straight month in July and is expected to keep climbing — one of the few encouraging signs for ...
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