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Korean Regulator Approves iPhone

South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone

Saks Surprises with Q3 Profits

Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...

Coca Cola Bets on China, India for Fast Growth

Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...

Time Warner to Spin Off AOL Dec. 9

Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.

Nissan, FedEx Urge Massive Move toward Electric Cars

A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...

China Solar Panel Giant to Build Plant in Phoenix

Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix

Korea Exchange, CME Partner for After-Hours Futures Trading

Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures

Stocks Jump on Upbeat Retail Data

Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected

China Car Sales Jump 72% in October

Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month

Japan Reports Surprising 4.8% Growth in Q3

Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion

GE to Develop Aviation Electronics with China Firm

>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers

Sands to Resume Macau Casino Resort Construction

U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction

China Wants U.S. to Raise Rates to Save Recovery

China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices

Google Cedes Partial Control over Online Library

Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...

Rich Buying Again but Middle Class Still Hurting

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...

Eurozone Emerged from Recession in Q3

The 16-country eurozone has officially joined the United States and Japan out of recession, after figures Friday showed its economy grew by 0.4 percen

Volkswagen, Audi Sales Up 11% on China Boom

German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October

Federal Deficit Hits New Record in October

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...

Ford Reports $1 Bil. Q3 Profits

Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.

Walmart.com Challenges Amazon in Book Price War

It was a weird day in the book price wars. The cost of John Grisham's "Ford County," officially released Tuesday, moved up and down like ...

Sales Data Show Auto Industry Stabilizing

After months of roller-coaster results, the U.S. auto industry showed signs of stability in October.

Buffett Buys Burlington Northern for $34 Bil.

Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the ...

Ford Sales Rose 3% in October on Strong Demand

Strong demand for cars and crossovers lifted Ford's U.S. sales 3 percent in October, a positive sign for automakers who are hoping a healthier economy ...

Comcast to Launch E! News Asia in Hong Kong

One of America's best-known entertainment news shows is launching an Asian edition. Los Angeles-based E! Entertainment Television will launch a weekly half-hour edition

Ford to Raise $3.3 Bil. Through Stocks, Debt

Ford Motor Co. said Monday it will ask its lenders for extra time to repay at least some of the $10.1 billion borrowed under a ...

China Movie Studio to Seek Listing on NYSE

A third leading Chinese movie studio is aiming for a listing — this time on the New York Stock Exchange — as the country's entertainment ...

Asian Stocks Fall on Doubts About U.S. Recovery

Asian stock markets were mostly lower Tuesday despite improvement in U.S. manufacturing as doubts lingered about the durability of a rebound in the world's largest ...

Economic Data Boost Hope Recovery Gaining Momentum

Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.

Global Chip Sales Improve, Still Below 2008 Levels

Global semiconductor sales continued to improve in the third quarter, according to an industry trade group, though revenue remains below year-ago levels.

Disney Theme Park Approved for Shanghai

China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co. said Wednesday, a major step toward setting a ...

Equipment Spending Growth Boosts Eonomy

Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.

China's Manufacturing Grows for 8th Straight Month

China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground

AIG Scraps Plans to Sell Japanese Units

American International Group Inc. has dropped plans to sell two Japanese subsidiaries, according to a published report

China's Small-Cap Market Opens for Trading

A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market

Samsung Profits Triple on Booming Sales

Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products

iPhone Reaches China Without WiFi Access

Apple's iPhone is making its long-awaited formal debut in the world's most populous mobile phone market, without a key feature and at higher prices

Japan Jobless Rate Falls for 2nd Straight Month

Japan's unemployment rate fell for the second straight month as companies gained more confidence in the stimulus-fueled global recovery but prices continued to tumble

Strong GDP Growth, Weak Dollar Drive Up Commodities

Commodities prices rebounded Thursday, buoyed by a falling dollar and a stronger-than-expected reading on the economy.

Consumers Return to Pricier Name Brands

Signs of an improving economy might be in your kitchen or bathroom cupboards. Consumers are showing a willingness to pay a little more

Stocks Surge on Positive Jobs Data, Cisco Forecast

A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government ...

Northrop Sells TASC to Fund Stock Buyback Increase

Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg ...

Fry's, Safeway Prepare for Possible Strike

In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting ...

Unemployed Suffer More Now Than in 1982

It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

India Hopes to Top 7% Growth Rate in 2010

The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make ...

CBS Sees Ad Sales Bouncing Back

The sale of popular TV shows partly offset a drop in third-quarter advertising revenue at CBS Corp. but the company said ad trends are improving ...

Recovery Won't Keep Unemployment from Passing 10%

The economy is rebounding from its deepest slump since the 1930s, but it probably won't seem that way when the government releases its monthly employment ...

AIG Posts Profit for 2nd Consecutive Quarter

AIG says it was profitable for the second straight quarter as its core insurance operations continue to stabilize after being bailed out by the government ...

World Unemployment Up Despite Emerging Recovery

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are ...

Starbucks Sees More Customers Spending More

More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, an executive said Thursday.

China Sept. Data Shows Return to Robust Growth

China's foreign direct investment and power usage rose in September, in the latest evidence the country's economic recovery is gaining momentum. Foreign direct investment in ...

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