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IBM Undercuts Google with Corporate Email Service

IBM Corp. is trying to stymie Google Inc.'s expansion into the business software market. The weapon: a bare-bones e-mail service that IBM is selling to ...

Comcast Mulls Controlling Stake in NBC Universal

Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation's largest cable TV provider into one of ...

Consumer Spending Jumped in August

Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years ...

New Jobless Claims Show Surprising Rise

First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And ...

GM Kills Off Saturn

For those who expected General Motors' once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed ...

Economy Shows Many Recovery Signs

Consumer spending, the bulwark of economic growth, is showing signs of life as the economy transitions from recession to recovery. The key question is whether ...

Microsoft Video on Windows 7 Launch Parties Amuses

You almost have to feel bad for Microsoft. The software maker isn't known for hip marketing tactics, and now that a Windows 7 video has ...

Toyota Dismisses March 8 Prius Acceleration Story

Toyota Motor Corp. dismissed the story of a man who claimed his Prius sped out of control on the California freeway, saying Monday that its ...

Prius Boosts Size, Gas Mileage for 2010

There's a little something extra for car buyers who have their hearts set on top fuel mileage in the Toyota Prius. But they'd better not ...

GM Ends Trial Selling Cars on eBay

General Motors Co. said Tuesday that it is concluding its partnership with eBay Inc. in which the automaker used the auction site to sell new ...

CIT May File Chapt. 11 If Lender Meeting Fails

CIT Group Inc.'s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage ...

China Romantic Comedy Gets Fox Investment

Fox Filmed Entertainment says it has invested in its first Chinese film, becoming the latest Hollywood studio to enter the booming mainland movie market. The ...

AT&T to Sell Garmin GPS-Hybrid Nuvifone

After more than a year of delays, Garmin Ltd.'s GPS unit/wireless device hybrid nuvifone is finally going on sale in the U.S. Garmin, based in ...

Leading China Filmmaker Plans $91 Mil. IPO

Huayi Brothers, one of China's leading filmmakers, has listed itself on ChiNext with an eye toward raising 620 million Chinese yuan ($91 million) in an ...

Warner to Return Music to YouTube Under New Deal

Warner Music Group Corp. has agreed to return songs and music videos from its artists to the YouTube video site, after a monthslong boycott over ...

Singapore Recoups Half of Big Loss from Crash

Singapore state investment company GIC said Tuesday its investments fell more than 20 percent in the 12 months ending March, but have recovered more than ...

Asian Stocks Up on Strong China, Australia Data

Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing

Cognac Maker Posts Profit Growth on Asia Demand

Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...

Costco August Sales Rise 7% on Overseas Growth

Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices

Delta Posts 30% Revenue Growth in Asia

Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry

China Auto Sales Jump 55.7% in August

Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency

Apple Unveils Box for Streaming Movies, TV Shows

Apple Inc. is refining its plans to annex the living room into its entertainment empire.

U.S. Manufacturing Expands for 13th Straight Month

U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.

China Manufacturing, Car Sales Rebound in August

Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.

More Spent on Kids, Less on Moms in August

Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best

U.S. Stock Futures Surge on China Factory Growth

Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.

Asian Stocks Keep Rising Ahead of U.S. Jobs Data

Most Asian stock markets climbed Friday as investors took heart from improving U.S. housing and jobs data amid lingering worries over the pace

New Blackberry App Allows Sports Betting in Nevada

Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.

Exelon Buys Deere Wind Farm As Energy Industry Consolidates

Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling

JPMorgan to Shut Down Proprietary Trading

JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks

Korean Tablets Debut Ahead of iPad Launch

Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens

Carbuyers Likely to See Fewer Deals This August

For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers

Eurozone Inflation Eases to 1.6%

Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European

New U.S. Import Duties Likely on Chinese Aluminum

Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare

Nikkei Leads Asian Stocks Down

Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.

Japan Factory Output Rose 0.3% in July

Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals

Stocks Slip on Europe Bank Fears, High Yen

Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.

Microsoft Invades Japan with Controller-Free Gaming

Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.

Wall Street Resumes Rally on Easing Euro Debt Fears

Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.

Oracle Pay Package Could Give Hurd $250 Mil.

Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO

Obama to Push 3 Stimulus Measures in Ohio Speech

Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives

World Stocks Slip on Europe Bank Debt Fears

World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh

Dollar Falls to 15-Year Low Against Yen

The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...

Japan Machinery Orders Up 8.8% in July

Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident

Google Milks Daily Animated Doodle for Publicity

For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists

China to Cut Trade Surplus with Hi-Tech Imports

China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus

Consumer Spending Rose 0.4% in July

Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.

Top China Firms Surpass U.S. in Profit-to-Sales Ratios

The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation

China Rises to Fifth in Oubound Direct Investment

The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.

Obama to Push $50 Bil. Infrastructure Jobs Projects

Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads

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