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Nestle to Expand Herbal Medicine Business

Nestle plans to plow hundreds of millions of dollars into expanding its medical nutrition business over the next decade, hoping to capitalize

Asian Stocks Enjoy Bounce After Holidays

Asian stock markets kicked off a new week of trading in good spirits, encouraged by an improvement in U.S. economic indicators and higher metal prices.

Hyndai Recalls 2011 Sonatas for Steering Glitch

Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata sedans in the U.S. because of a manufacturing defect that could cause drivers

IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.

The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking

World Stocks Rise on Surging Intel Sales

World stocks rallied Wednesday after the Federal Reserve cemented expectations it will further boost the faltering U.S. economy at its next rate-setting

Jobless Claims Rise Slightly to 462,000

Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy.

Wholesale Prices Rise on Food, Energy Costs

Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.

Trade Deficit Surges As Businesses Restock

The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes

Apple Set to Unveil Next Version of Mac OS X

Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.

Dollar Hits 15-Year Low Against Yen

The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.

Asia Stocks Rise on Strong U.S. Earnings

Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers

HTC G2 Impressive on T-Mobile's Faster Network

Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.

Microsoft, Alibaba Test New China Search Engine

Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are testing a search service, adding a new competitor to a crowded Chinese

Mortgage Rates Fall to 4.19%, Lowest in Decades

Rates on 30-year mortgages fell to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields.

Eurozone Industrial Output Rises 1%

Industrial output in the 16 countries that use the euro rose by a monthly 1 percent in August, official figures showed Wednesday, easing concerns

Burberry to Expand Stores 25% on Strong Profits

Luxury goods company Burberry Group says sales rose by 17 percent in the first half of its financial year, and it expects a full-year profit ...

China Sept. Trade Surplus Shrinks to $16.9 Bil.

China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame

Strong Intel Sales, Profits Augur Well for PC Sales

Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.

Weak Dollar Brings Pros, Cons for Consumers

The way investors have unloaded the U.S. dollar lately, you'd think it was kryptonite. It has fallen 10 percent against the euro in just three ...

Fed Leans toward 2-Step Stimulus

The Federal Reserve is leaning toward taking two steps to boost the economy: Buying more Treasury bonds to drive down loan rates, and signaling

Apple Shares Touch New Record on iPad Hopes

Apple Inc.'s stock flirted with $300 Tuesday as investors high on the iPad's promise pushed shares to a record peak. Analysts see few reasons

Google to Build Off-Shore Wind Farms

Google will invest heavily in a network of deepwater transmission lines to bring power from offshore wind farms, yet to be built, to states along ...

Hitachi, Johnson Controls Ink Lithium-Ion Battery Pact

Japanese electronics company Hitachi is tying up with a U.S. battery-maker in developing and making batteries for green vehicles, both sides

Airline Profits Soared on Higher Fares, Fees

Fewer seats, higher fares and more money from fees may just add up to the highest quarterly profit in three years for the nation's long-suffering ...

Starbucks Starts Serving Beer, Wine

Something new is on the menu at a renovated Starbucks in Seattle: beer and wine. The store that reopened Monday

China Boosts U.S. Treasury Holdings After Drop

China, the largest holder of U.S. Treasury debt, increased its holdings for a second straight month in August after two months of declines.

Investors Encouraged by Citi Earnings, Housing Data

Better than expected third-quarter earnings from Citigroup Inc. on Monday helped shore up sentiment in stock markets at the start of a busy week

Halliburton Profits Double on Natural Gas Drilling

Halliburton Co. said Monday its net income more than doubled in the third quarter as vigorous drilling for natural gas onshore in the U.S. offset

France Forced to Cut Half of Flights Amid Strikes

France's civil aviation authority says airlines must drastically cut back on their flights into France on Tuesday due to strikes over the government's pension

Citi Posts $2.15 Bil. Profit As Loan Losses Decline

Citigroup says it has turned a profit for the third straight quarter as losses from failed loans declined.

Asia Stocks Fall, Dollar Strengthens on Fed Doubts

Asian stocks fell Monday at the start of a busy week on both the economic and corporate news front, while the dollar recouped some recent ...

New Jersey Fund Encourage Green Technology Projects

Nikkei Gains on Tech Optimism

Asian stock markets were mixed in early trading Monday, with Japanese tech shares gaining after Google's upbeat earnings sparked a Nasdaq rally

Luxury Sales Back to Pre-Crisis Levels

The luxury sector is rebounding better-than-expected this year thanks in large part to wealthy Americans replenishing their wardrobes after a year

Sept. Retails Sales Rose for Third Straight Month

Americans spent more money on cars, furniture and at hardware stores to boost retail sales to a third monthly increase in September.

GE Profits Fell 18% on Lower Equipment Sales

General Electric Co. says its third-quarter income fell 18 percent because of lower equipment sales and a loss from a Japanese division that it's selling.

Infosys Reports 18% Higher Profits

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, beat expectations Friday with an 18 percent rise

Sony Ericsson Slips in Tough Smart Phone Market

Mobile phone maker Sony Ericsson on Friday reported a third consecutive net profit in the third quarter, mainly thanks to success

AMD Returns to Profit in Core Chip Business

Advanced Micro Devices narrowed its third-quarter loss as the chip maker's remaining stake in factories it spun off last year dragged down the results.

Google Profits Jump 32% on Soaring Ad Sales

Google said Thursday that its net income jumped 32 percent to beat Wall Street's expectations. That's despite adding 1,500 workers in the quarter and spending

Japan Forex Reserves Hit New High After Failed Intervention

Japan's foreign exchange reserves hit an all-time high in September after the central bank intervened in currency markets for the first time

Honda Fit Hybrid Goes on Sale in Japan

Honda's new hybrid Fit subcompact went on sale in Japan on Friday as the automaker expands its green car lineup that already includes the Insight

PayPal iPhone App Allows Check Deposits

Betting you wouldn't trek to your bank or the closest ATM if you didn't have to, PayPal has added a feature to its free iPhone ...

Japan Approves New $61 Bil. Stimulus Package

The Japanese Cabinet has approved 5.05 trillion yen ($61 billion) in new measures to stimulate the country's economy.

Consumers Cut Credit Card Use for 24th Month

Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month, the Federal Reserve said Thursday.

Retail Sales Grow More Than Expected

Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents

PepsiCo Revenues Soar on Overseas Growth

PepsiCo's third-quarter net income rose 12 percent on strong sales gains abroad and strength in its drinks and Frito-Lay snacks.

World Markets Flat, Dollar Slides Awaiting Fed Move

World stock markets were steady Thursday ahead of European interest rate decisions and the start of the U.S. corporate earnings reporting season

Toyota Steps Up Efforts to Win Back Customers

Aiming to win back customer trust after its string of recalls, Toyota Motor Corp. is offering American buyers of new Toyota- and Scion-brand vehicles

China Launches Quest for Domestic Potash Sources

China has launched a search for domestic sources of potash to ensure stable supplies of the mineral used in fertilizer, a state news agency said ...