Burger King Upgrades to Hip New Look
Burger King Corp. plans to swap its generic fast-food feel and bland tiles and tabletops for a vibe that's more sit-down than drive-through. As part ...
Business
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
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 ...
New Jobless Claims Lowest Since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...
USA Today Posts 17% Circulation Drop
USA Today expects to report the largest decline in circulation in its 27-year history, threatening its No. 1 position among U.S. dailies as the growth ...
Shanghai Leads Global Stock Rally on Rising Dollar
Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world's major markets shot higher amid ...
Audi Sales Decline Eased by Strong Asia Growth
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect ...
AP, News Corp Want Search Engines to Pay for News
The leaders of two of the world's major news organizations said Friday that it is time for search engines and others who use news content ...
Infosys Raises Outlook Despite Profit Dip
Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be ...
Frank Advances Bill to Limit Credit-Card Rate Hikes
Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...
Another Asset Bubble May Be Forming Already
The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...
Retail, Jobs Data Boost Wall Street
Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...
GM to Sell Hummer to Sichuan Tengzhong Heavy
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...
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, ...
GM Names New Sales Chief As U.S. Market Share Erodes
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
Consumer Stinginess Shows Up in Corporate Profits
People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek ...
Ciena to Buy Nortel Assets for $521 Mil.
Ciena Corp. says it has agreed to by the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business for roughly $521 ...
Costco Beats Street Despite Profit Slip
Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results ...
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 ...
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 ...
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 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Burger King Upgrades to Hip New Look
Burger King Corp. plans to swap its generic fast-food feel and bland tiles and tabletops for a vibe that's more sit-down than drive-through. As part ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
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 ...
New Jobless Claims Lowest Since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...
USA Today Posts 17% Circulation Drop
USA Today expects to report the largest decline in circulation in its 27-year history, threatening its No. 1 position among U.S. dailies as the growth ...
Shanghai Leads Global Stock Rally on Rising Dollar
Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world's major markets shot higher amid ...
Audi Sales Decline Eased by Strong Asia Growth
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect ...
AP, News Corp Want Search Engines to Pay for News
The leaders of two of the world's major news organizations said Friday that it is time for search engines and others who use news content ...
Infosys Raises Outlook Despite Profit Dip
Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be ...
Frank Advances Bill to Limit Credit-Card Rate Hikes
Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...
Another Asset Bubble May Be Forming Already
The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...
Retail, Jobs Data Boost Wall Street
Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...
GM to Sell Hummer to Sichuan Tengzhong Heavy
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...
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, ...
GM Names New Sales Chief As U.S. Market Share Erodes
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
Consumer Stinginess Shows Up in Corporate Profits
People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek ...
Ciena to Buy Nortel Assets for $521 Mil.
Ciena Corp. says it has agreed to by the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business for roughly $521 ...
Costco Beats Street Despite Profit Slip
Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results ...
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 ...
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 ...
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 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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