Toyota Shifts Focus to Emerging Markets
Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...
Business
Coach Profits Jump As China Stores Open
A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag
GM China July Sales Rise 22%, Ford Falls
General Motors' China revenues grew 22% in July on the strength of Chevy sales. Rival Ford Motor Co's local sales fell 6.3%.
Asia Stocks Continue Rising, Europe Slips
European stock markets mostly fell Tuesday after big gains in the previous session while the euro spiked to a fresh three-month high
BMW Pofits Surge to $1.1 Bil. as China Sales Double
Second-quarter earnings at luxury car maker BMW AG surged to euro834 million ($1.1 billion) as better selling prices and robust demand in China
Kenny Huang Bids for Control of Liverpool
Chinese businessman Kenny Huang has offered to buy Liverpool's $374 million debt from a British bank in an attempt to end Tom Hicks' and George ...
Torch Will Help Blackberry Preserve Status Quo
BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough
BNP Paribas Profits Surged 31% on Retail Growth
BNP Paribas SA said Monday its net profit soared 31 percent in the second quarter as steep retail banking gains in France and the Benelux ...
China Car Sales Up 17.2% in July As Growth Slows
Auto sales growth in China, the world's biggest market, weakened further in July, data showed Monday.
China Manufacturing Growth Continues Gradual Slowing
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined
Twitter-Crazed Japan Claims 20 Billionth Tweet
Twitter's 20 billionth message didn't make much sense, but it spoke volumes about the rapid global growth
China Passed Japan to No. 2 Spot Says Currency Chief
China has overtaken Japan to become the world's second-largest economy, said China's currency chief Yi Gang in an interview
Chrysler to Add 900 Jobs for Midsize Car Plant
Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit. Its decision is a show of optimism
Recovery Slowed in Q2
The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing
Revised Data Show Recession Was Underestimated
The recession was deeper than the government previously thought. The Commerce Department, in revisions issued Friday
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Germany Warns of Apple iPhone Security Problems
The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted
Transocean, Anadarko Surge on BP Plug Success
With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
U.S. Corn Exports to Boom As China Eats More Meat
China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat
Hiring Slows Leaving Jobless Rate Unchanged
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly
Cable, Satellite TV Thrives on Robust Demand
Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings
Retailers Report Mostly Modest Gains in July
Deep discounts on summer leftovers and hot weather drove shoppers into malls in July, but they remained choosy, resulting in only modest gains.
New Jobless Claims Rise to 479,000
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies
Disney Sells Miramax to Hollywood Newcomers
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year ...
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
AOL Posts $1 Bil. Loss of Writedowns, Lower Sales
Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.
Asia Mixed, Europe Falls on U.S. Recovery Data
World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead
Toyota Posts $2.2 Bil. Profit As Global Sales Recover
Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Sprint Nextel Reverses Subscriber Losses
Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve
Peugeot Citroen Returns to Profit on China Growth
Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting
ArcelorMittal Back to Profit with $1.7 Bil. for Q2
ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
Durable Goods Orders Fall 1% in June
Orders to U.S. factories for big-ticket manufactured goods fell broadly in June as the fragile recovery continued to slow.
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
German Consumer Confidence Up Sharply
German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer
SAP Revenues, Profits Jump on U.S., Asia Growth
Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase
Home Prices Expected to Keep Declining
Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming
FedEx Raises Year's Outlook on Strong Asia Growth
In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.
Toyota Shifts Focus to Emerging Markets
Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...
Coach Profits Jump As China Stores Open
A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag
GM China July Sales Rise 22%, Ford Falls
General Motors' China revenues grew 22% in July on the strength of Chevy sales. Rival Ford Motor Co's local sales fell 6.3%.
Asia Stocks Continue Rising, Europe Slips
European stock markets mostly fell Tuesday after big gains in the previous session while the euro spiked to a fresh three-month high
BMW Pofits Surge to $1.1 Bil. as China Sales Double
Second-quarter earnings at luxury car maker BMW AG surged to euro834 million ($1.1 billion) as better selling prices and robust demand in China
Kenny Huang Bids for Control of Liverpool
Chinese businessman Kenny Huang has offered to buy Liverpool's $374 million debt from a British bank in an attempt to end Tom Hicks' and George ...
Torch Will Help Blackberry Preserve Status Quo
BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough
BNP Paribas Profits Surged 31% on Retail Growth
BNP Paribas SA said Monday its net profit soared 31 percent in the second quarter as steep retail banking gains in France and the Benelux ...
China Car Sales Up 17.2% in July As Growth Slows
Auto sales growth in China, the world's biggest market, weakened further in July, data showed Monday.
China Manufacturing Growth Continues Gradual Slowing
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined
Twitter-Crazed Japan Claims 20 Billionth Tweet
Twitter's 20 billionth message didn't make much sense, but it spoke volumes about the rapid global growth
China Passed Japan to No. 2 Spot Says Currency Chief
China has overtaken Japan to become the world's second-largest economy, said China's currency chief Yi Gang in an interview
Chrysler to Add 900 Jobs for Midsize Car Plant
Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit. Its decision is a show of optimism
Recovery Slowed in Q2
The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing
Revised Data Show Recession Was Underestimated
The recession was deeper than the government previously thought. The Commerce Department, in revisions issued Friday
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Germany Warns of Apple iPhone Security Problems
The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted
Transocean, Anadarko Surge on BP Plug Success
With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve
Washington Post Profits Surge on Education Growth
The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.
U.S. Corn Exports to Boom As China Eats More Meat
China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat
Hiring Slows Leaving Jobless Rate Unchanged
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly
Cable, Satellite TV Thrives on Robust Demand
Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings
Retailers Report Mostly Modest Gains in July
Deep discounts on summer leftovers and hot weather drove shoppers into malls in July, but they remained choosy, resulting in only modest gains.
New Jobless Claims Rise to 479,000
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies
Disney Sells Miramax to Hollywood Newcomers
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year ...
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
AOL Posts $1 Bil. Loss of Writedowns, Lower Sales
Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.
Asia Mixed, Europe Falls on U.S. Recovery Data
World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead
Toyota Posts $2.2 Bil. Profit As Global Sales Recover
Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Sprint Nextel Reverses Subscriber Losses
Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve
Peugeot Citroen Returns to Profit on China Growth
Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting
ArcelorMittal Back to Profit with $1.7 Bil. for Q2
ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
Durable Goods Orders Fall 1% in June
Orders to U.S. factories for big-ticket manufactured goods fell broadly in June as the fragile recovery continued to slow.
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
German Consumer Confidence Up Sharply
German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer
SAP Revenues, Profits Jump on U.S., Asia Growth
Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase
Home Prices Expected to Keep Declining
Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming
FedEx Raises Year's Outlook on Strong Asia Growth
In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.
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