Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO
Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai
Business
Google Q2 Shares Fall on Rising Payroll Costs
Google Inc. is doing its part to stimulate the economy and hurting its stock in the process. With its payroll
Europe Debt Crisis Eases on News from Germany, Spain
Europe got scraps of positive news Thursday in its battle to overcome a government debt crisis, as Germany cut its budget deficit forecast
Apple to Address iPhone 4 Antenna Problem Friday
Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints
Wholesale Prices Fall for 3rd Consecutive Month
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished
New Jobless Claims Fall Sharply Again
New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
JPMorgan Profits Soar to $4.8 Bil. in Q2
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans
GE Profits Rise but Revenues Slip 4%
Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday
2010 Foreclosures to Pass 1 Mil. for First Time
More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog
China Economy Grew 11.1% During First Half of 2010
China's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom.
Asian Stocks Slip on U.S. Slowdown Concerns
Asian stock markets retreated Thursday after disappointing news on the U.S. economy chilled sentiment in Asia.
Turkey Emerges As Global Construction Power
An army of Turkish cranes and bulldozers is at work across the Middle East, Central Asia and Africa, building dams, stadiums and highways
Asian Stocks Jump on Intel Earnings, Singapore Growth
Asian stock markets jumped Wednesday, powered by better-than-expected earnings from chipmaking giant Intel Corp. and Singapore's forecast
Intel Posts Biggest Quarterly Profit in Decade
Intel Corp. has booked its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market
Federal Deficit Tops $1 Tril. with 3 Months Left
The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession
Trade Deficit Jumps As Import Growth Outpaces Exports
The trade deficit rose in May to an 18-month peak as rising imports offset another solid gain in U.S. exports. The surge in imports was ...
Moody's Cuts Ireland Credit Rating
The Moody's agency cut Ireland's credit rating Monday, citing the country's swelling national debt, the unpredictable cost of its bank-bailout plans
Toyota Subpoenaed on Steering Rod Defect
Toyota Motor Corp. said Tuesday it has been subpoenaed by a federal grand jury in New York to submit documents related to problems with rods
Google Pledged to Obey Law to Earn China Renewal
China renewed Google's Internet license after it pledged to obey censorship laws and stop automatically switching mainland users
China Should Boost Interest Rates Says ADB
China should boost interest rates or allow its currency to strengthen to help curb inflation pressures, the Asian Development Bank said Tuesday.
IBM Posts Higher Q2 Profits, Raises 2010 Guidance
IBM Corp. jacked up its 2010 guidance Monday on the technology company's belief that it can wring more profit from its workhorse
Stock Market Moves Up Despite Weak Housing Data
Stocks rose modestly Monday as investors bought selectively following the market's big slide last week. The Dow Jones
Delta Posts $467 Mil. Q2 Profits
Delta Air Lines reversed a second-quarter loss with what it says is its largest quarterly profit in a decade thanks to strong passenger revenue.
Nokia Siemens Buys Motorola Network
Nokia Siemens Networks says it will acquire the majority of Motorola's wireless operations in a $1.2 billion deal.
Halliburton Profits Jump 83%
Halliburton Co. says its second-quarter profit soared 83 percent as natural gas drilling activity picked up in the U.S.
AIG Repays $4 Bil. in Government Loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion
Europe Stocks Anticipate Wall Street Rebound
European stock markets rose Monday as investors looked past a downgrade of Ireland's public debt and instead bet on a rebound on Wall Street
Phillips Profits Jump 5-Fold on Strong TV Sales
Football fans buying new flat screen televisions to watch the World Cup helped Dutch electronics maker Royal Philips Electronics NV post
Recovery Continues at Slower Pace
Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs
Investors Dump Stocks Despite Strong Profit Reports
Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure. Earnings gushed last week like ...
Airbus, Boeing Kick Off Show with Big Orders
Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow
China, Japan Cut U.S. Treasury Holdings in May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
Jobs Has Imperfect Response for iPhone Glitch
A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
BOA Forced to Delay Foreclosures in 23 States
Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners
Microsoft Sues Motorola on Smart Phone Patents
Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.
Car Sales Surge Mostly on New Crossovers
New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.
Manufacturing Expands for 14th Straight Month
Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.
Incomes, Spending Both Rose in August
Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled
United, Continental Merge to Become World's No. 1
United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
Verizon Wireless May Refund $90 Mil. in Web Fees
Verizon Wireless could pay out up to $90 million in refunds to cell phone customers who were improperly charged for inadvertent Web access or data
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO
Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai
Google Q2 Shares Fall on Rising Payroll Costs
Google Inc. is doing its part to stimulate the economy and hurting its stock in the process. With its payroll
Europe Debt Crisis Eases on News from Germany, Spain
Europe got scraps of positive news Thursday in its battle to overcome a government debt crisis, as Germany cut its budget deficit forecast
Apple to Address iPhone 4 Antenna Problem Friday
Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints
Wholesale Prices Fall for 3rd Consecutive Month
Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished
New Jobless Claims Fall Sharply Again
New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
JPMorgan Profits Soar to $4.8 Bil. in Q2
JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans
GE Profits Rise but Revenues Slip 4%
Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday
2010 Foreclosures to Pass 1 Mil. for First Time
More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog
China Economy Grew 11.1% During First Half of 2010
China's rapid growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom.
Asian Stocks Slip on U.S. Slowdown Concerns
Asian stock markets retreated Thursday after disappointing news on the U.S. economy chilled sentiment in Asia.
Turkey Emerges As Global Construction Power
An army of Turkish cranes and bulldozers is at work across the Middle East, Central Asia and Africa, building dams, stadiums and highways
Asian Stocks Jump on Intel Earnings, Singapore Growth
Asian stock markets jumped Wednesday, powered by better-than-expected earnings from chipmaking giant Intel Corp. and Singapore's forecast
Intel Posts Biggest Quarterly Profit in Decade
Intel Corp. has booked its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market
Federal Deficit Tops $1 Tril. with 3 Months Left
The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession
Trade Deficit Jumps As Import Growth Outpaces Exports
The trade deficit rose in May to an 18-month peak as rising imports offset another solid gain in U.S. exports. The surge in imports was ...
Moody's Cuts Ireland Credit Rating
The Moody's agency cut Ireland's credit rating Monday, citing the country's swelling national debt, the unpredictable cost of its bank-bailout plans
Toyota Subpoenaed on Steering Rod Defect
Toyota Motor Corp. said Tuesday it has been subpoenaed by a federal grand jury in New York to submit documents related to problems with rods
Google Pledged to Obey Law to Earn China Renewal
China renewed Google's Internet license after it pledged to obey censorship laws and stop automatically switching mainland users
China Should Boost Interest Rates Says ADB
China should boost interest rates or allow its currency to strengthen to help curb inflation pressures, the Asian Development Bank said Tuesday.
IBM Posts Higher Q2 Profits, Raises 2010 Guidance
IBM Corp. jacked up its 2010 guidance Monday on the technology company's belief that it can wring more profit from its workhorse
Stock Market Moves Up Despite Weak Housing Data
Stocks rose modestly Monday as investors bought selectively following the market's big slide last week. The Dow Jones
Delta Posts $467 Mil. Q2 Profits
Delta Air Lines reversed a second-quarter loss with what it says is its largest quarterly profit in a decade thanks to strong passenger revenue.
Nokia Siemens Buys Motorola Network
Nokia Siemens Networks says it will acquire the majority of Motorola's wireless operations in a $1.2 billion deal.
Halliburton Profits Jump 83%
Halliburton Co. says its second-quarter profit soared 83 percent as natural gas drilling activity picked up in the U.S.
AIG Repays $4 Bil. in Government Loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion
Europe Stocks Anticipate Wall Street Rebound
European stock markets rose Monday as investors looked past a downgrade of Ireland's public debt and instead bet on a rebound on Wall Street
Phillips Profits Jump 5-Fold on Strong TV Sales
Football fans buying new flat screen televisions to watch the World Cup helped Dutch electronics maker Royal Philips Electronics NV post
Recovery Continues at Slower Pace
Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs
Investors Dump Stocks Despite Strong Profit Reports
Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure. Earnings gushed last week like ...
Airbus, Boeing Kick Off Show with Big Orders
Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow
China, Japan Cut U.S. Treasury Holdings in May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.
Jobs Has Imperfect Response for iPhone Glitch
A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
BOA Forced to Delay Foreclosures in 23 States
Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners
Microsoft Sues Motorola on Smart Phone Patents
Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.
Car Sales Surge Mostly on New Crossovers
New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.
Manufacturing Expands for 14th Straight Month
Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.
Incomes, Spending Both Rose in August
Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled
United, Continental Merge to Become World's No. 1
United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
Verizon Wireless May Refund $90 Mil. in Web Fees
Verizon Wireless could pay out up to $90 million in refunds to cell phone customers who were improperly charged for inadvertent Web access or data
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
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