Business
Sony Ships PCs with Google Chrome Browser Installed
Sony Corp. is giving Google Inc.'s fledgling Web browser a boost by installing it on new computers. Google spokesman Eitan Bencuya, confirming the deal Tuesday, ...
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 ...
Japan's Dainippon Buys Sepracor for $2.6 Bil.
Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...
China Stocks Jump 5% on Strong Lending Data
Chinese shares jumped 5 percent Thursday following reports that lending by big state-owned banks remained robust in August, though they later fell back slightly. The ...
China to Buy $50 Bil. of First IMF Bond Issue
China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...
Geithner Says Stimulus Still Needed to Help Recovery
Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to ...
YouTube to Offer Movie Rentals
YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the ...
Amazon Exhorts Judge Chin to Block Google Book Deal
Online bookseller Amazon.com Inc. is warning a federal judge that Internet search leader Google Inc. will be able to gouge consumers and stifle competition if ...
Continuing Job Losses Dampen Recovery Hopes
Stock futures lost ground Wednesday after a private sector report on unemployment failed to ease investors' concerns about job losses. Futures had been little changed, ...
Productivity Rose Most in 6 Years
Worker productivity grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as ...
Roundup of Changes in 2010 Car Models
Auto company executives know that car buyers this recessionary year are serious about value, safety and improved fuel mileage. So it's no wonder that some ...
Clunkers Helped Ford, Toyota, Hurt GM, Chrysler
The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group ...
Asia Stocks Edge Up, Europe Falls
Most Asian stock markets closed modestly higher on relief that China's main index has stabilized after sharp drops Monday, but gains were limited as investors ...
Bank of America Looks to Repay Half of TARP Aid
Bank of America Corp. is looking to pay back some of the billions in federal bailout aid it has received in an effort to get ...
Sony to Sell Mexico TV Plant to Taiwan Firm
Sony Corp. has agreed to sell its main television factory in North America to a Taiwanese company, the Japanese electronics maker said Tuesday, as it ...
PetroChina Takes $1.7 Bil. Stake in Canadian Oil Sands
PetroChina Co., Asia's largest oil and gas company, is making a $1.7 billion investment in the Canadian oil sands. Athabasca Oil Sands Corp. said Monday ...
Wal-Mart to Sell Products from Other Retailers
Wal-Mart Stores Inc. has launched an addition to its online business that has outside retailers selling nearly 1 million new items through Walmart.com, a move ...
China's Factories Face Surprising Labor Shortage
During the first half of this year, Yang Zongfu's blue jean factory had few customers. Now, as his business picks up, he can't find enough ...
India GDP Growth Accelerated in Q2
India's economy picked up pace in the latest quarter as government spending helped to overcome the worst of the global downturn but drought threatens to ...
GM's Asia Operations to Stay in Company Fold
The Asia-Pacific operations of General Motors Corp. will stay within the company fold regardless of whether GM ends up declaring bankruptcy or not, the U.S. ...
Home Sales Data Fuel Wall Street Optimism
Wall Street is extending its rally as reports on housing and construction show improvement for March Stocks are jumping Monday following a National Association of ...
Estée Laurder Profits Plunge but Beat Views
Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...
Buffet Sees End to Recession
Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.
Europe Projects 4% GDP Shirnkage in 2009
Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...
Chna Projects 7% Growth for Q2
Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...
Fiat May Become Global Powerhouse with Chrysler, GM Europe
Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.‘s European operations, taking another step toward creating a ...
Summer Resorts Hire Many Unemployed Professionals
This summer, the guy running the Tilt-A-Whirl at the beach might be a laid-off, middle-aged accountant instead of the usual bored teenager. And the towel ...
Chrysler to Close 5 Plants, Sell All Assets to Fiat
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat ...
Windows 7 Release Likely in Fall 2009
Microsoft Corp. has released a near-final version of the Windows 7 operating system that adds a few new features, including a way to run Windows ...
Ford Gains Market Share on Record Fusion Sales
Ford Motor Co. says its April sales fell 32 percent, but the company gained market share on record retail sales of its midsize Ford Fusion.Dearborn, ...
Taiwanese Tycoon Questions Buffet Bet on Batterymaker
A Taiwanese business tycoon has criticized U.S. investor Warren Buffett’s decision to invest in a Chinese battery and car maker facing a lawsuit accusing it ...
Disney-ABC Takes Stake in Hulu
Disney movies and ABC TV shows will be available on Hulu.com now that Walt Disney Co. is taking an equity stake in the popular video ...
Anil Ambani's Chopper Sabotaged Amid Deadly Feud
Anil Ambani does not wait in traffic. The billionaire industrialist often commutes by helicopter, soaring far above the traffic jams that clog his sprawling hometown ...
Korea's Trade Surplus Hits Record on Cheap Oil
South Korea’s trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and ...
Drop in Jobless Claims Fuels Continuing Rally
Investors found more reason to hopeful about the economy.In a welcome surprise for Wall Street on Thursday, the Labor Department said initial claims fell last ...
Chrysler to File for Bankruptcy
Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to ...
World Markets Rally on Fed's Assessment
World stock markets rose sharply Thursday even though the World Health Organization warned that a swine flu pandemic was imminent...
Japan's Factory Output Resumes Growth
Japan’s struggling manufacturers are showing signs of life as the government said Thursday that industrial production rose for the first time in six months in ...
Fiat to Sign onto Partnership with Chrysler
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.
Optimism Buoys Wall Street Despite GDP Data
Investors aren’t letting a bad gross domestic product reading get to them.
Sony Ships PCs with Google Chrome Browser Installed
Sony Corp. is giving Google Inc.'s fledgling Web browser a boost by installing it on new computers. Google spokesman Eitan Bencuya, confirming the deal Tuesday, ...
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 ...
Japan's Dainippon Buys Sepracor for $2.6 Bil.
Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...
China Stocks Jump 5% on Strong Lending Data
Chinese shares jumped 5 percent Thursday following reports that lending by big state-owned banks remained robust in August, though they later fell back slightly. The ...
China to Buy $50 Bil. of First IMF Bond Issue
China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...
Geithner Says Stimulus Still Needed to Help Recovery
Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to ...
YouTube to Offer Movie Rentals
YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the ...
Amazon Exhorts Judge Chin to Block Google Book Deal
Online bookseller Amazon.com Inc. is warning a federal judge that Internet search leader Google Inc. will be able to gouge consumers and stifle competition if ...
Continuing Job Losses Dampen Recovery Hopes
Stock futures lost ground Wednesday after a private sector report on unemployment failed to ease investors' concerns about job losses. Futures had been little changed, ...
Productivity Rose Most in 6 Years
Worker productivity grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as ...
Roundup of Changes in 2010 Car Models
Auto company executives know that car buyers this recessionary year are serious about value, safety and improved fuel mileage. So it's no wonder that some ...
Clunkers Helped Ford, Toyota, Hurt GM, Chrysler
The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group ...
Asia Stocks Edge Up, Europe Falls
Most Asian stock markets closed modestly higher on relief that China's main index has stabilized after sharp drops Monday, but gains were limited as investors ...
Bank of America Looks to Repay Half of TARP Aid
Bank of America Corp. is looking to pay back some of the billions in federal bailout aid it has received in an effort to get ...
Sony to Sell Mexico TV Plant to Taiwan Firm
Sony Corp. has agreed to sell its main television factory in North America to a Taiwanese company, the Japanese electronics maker said Tuesday, as it ...
PetroChina Takes $1.7 Bil. Stake in Canadian Oil Sands
PetroChina Co., Asia's largest oil and gas company, is making a $1.7 billion investment in the Canadian oil sands. Athabasca Oil Sands Corp. said Monday ...
Wal-Mart to Sell Products from Other Retailers
Wal-Mart Stores Inc. has launched an addition to its online business that has outside retailers selling nearly 1 million new items through Walmart.com, a move ...
China's Factories Face Surprising Labor Shortage
During the first half of this year, Yang Zongfu's blue jean factory had few customers. Now, as his business picks up, he can't find enough ...
India GDP Growth Accelerated in Q2
India's economy picked up pace in the latest quarter as government spending helped to overcome the worst of the global downturn but drought threatens to ...
GM's Asia Operations to Stay in Company Fold
The Asia-Pacific operations of General Motors Corp. will stay within the company fold regardless of whether GM ends up declaring bankruptcy or not, the U.S. ...
Home Sales Data Fuel Wall Street Optimism
Wall Street is extending its rally as reports on housing and construction show improvement for March Stocks are jumping Monday following a National Association of ...
Estée Laurder Profits Plunge but Beat Views
Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...
Buffet Sees End to Recession
Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.
Europe Projects 4% GDP Shirnkage in 2009
Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...
Chna Projects 7% Growth for Q2
Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...
Fiat May Become Global Powerhouse with Chrysler, GM Europe
Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.‘s European operations, taking another step toward creating a ...
Summer Resorts Hire Many Unemployed Professionals
This summer, the guy running the Tilt-A-Whirl at the beach might be a laid-off, middle-aged accountant instead of the usual bored teenager. And the towel ...
Chrysler to Close 5 Plants, Sell All Assets to Fiat
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat ...
Windows 7 Release Likely in Fall 2009
Microsoft Corp. has released a near-final version of the Windows 7 operating system that adds a few new features, including a way to run Windows ...
Ford Gains Market Share on Record Fusion Sales
Ford Motor Co. says its April sales fell 32 percent, but the company gained market share on record retail sales of its midsize Ford Fusion.Dearborn, ...
Taiwanese Tycoon Questions Buffet Bet on Batterymaker
A Taiwanese business tycoon has criticized U.S. investor Warren Buffett’s decision to invest in a Chinese battery and car maker facing a lawsuit accusing it ...
Disney-ABC Takes Stake in Hulu
Disney movies and ABC TV shows will be available on Hulu.com now that Walt Disney Co. is taking an equity stake in the popular video ...
Anil Ambani's Chopper Sabotaged Amid Deadly Feud
Anil Ambani does not wait in traffic. The billionaire industrialist often commutes by helicopter, soaring far above the traffic jams that clog his sprawling hometown ...
Korea's Trade Surplus Hits Record on Cheap Oil
South Korea’s trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and ...
Drop in Jobless Claims Fuels Continuing Rally
Investors found more reason to hopeful about the economy.In a welcome surprise for Wall Street on Thursday, the Labor Department said initial claims fell last ...
Chrysler to File for Bankruptcy
Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to ...
World Markets Rally on Fed's Assessment
World stock markets rose sharply Thursday even though the World Health Organization warned that a swine flu pandemic was imminent...
Japan's Factory Output Resumes Growth
Japan’s struggling manufacturers are showing signs of life as the government said Thursday that industrial production rose for the first time in six months in ...
Fiat to Sign onto Partnership with Chrysler
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.
Optimism Buoys Wall Street Despite GDP Data
Investors aren’t letting a bad gross domestic product reading get to them.
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