Japan Air Lines Hopes to Conclude Merger Talks Soon
Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...
Business
China's BYD Sets Sights on Overtaking Toyota
Fast-growing Chinese battery and automaker BYD Co. is thinking big — really big. It aims to overtake Toyota Motor Co. to become the global auto ...
Asia Markets at New Highs for Year
Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world's largest economy is growing ...
Google to Turn Digital Library into Paperbacks
Google Inc. is giving 2 million books in its digital library a chance to be reincarnated as paperbacks. As part of a deal announced Thursday, ...
Manufacturers Lead Growth With Broad-Based Gains
Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...
World Markets Surge on End to U.S. Recession
World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...
Financial Reform Push Gives Way to Inertia, Complacency
The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...
Cablevision Debuts Interactive Ads on TV
Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...
IRS Eases Commercial Mortgage Refinancing Rules
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...
Shane Kim to Retire from 14-Year Post As Xbox Guru
Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...
Retail, Manufacturing Data Boost Wall Street
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...
Kodak to Shore Up Balance Sheet with Capital Infusion
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...
August Retail Sales Up Mainly on Auto, Gas
Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...
Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings
Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...
New Electrics Grab Focus at Frankfurt Auto Show
Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...
Yahoo Gains $150 Mil. on Sale of Alibaba Stake
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...
JAL Shares Surge on American, Delta Interest
Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...
NEC, Casio, Hitachi to Merge Cell Phone Business
Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...
Majority of Americans Still Troubled by Economy
One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...
World Markets Rattled by U.S.-China Tire Tariff Dispute
European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...
U.S. Banks Return to Risky Investments
A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
Dell to Buy Perot Systems for $3.9
Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business ...
Intel's Hardball Sales Tactics Detailed by EU
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over ...
Emmies Show Acknowledges Decline of TV
A year after its least-watched telecast ever, the Emmy Awards plaintively acknowledged TV's changing role in the Internet age, bringing a collective sense of reckoning ...
World Markets Slip Ahead of Fed Meeting
World stock markets were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. ...
10 Mil. Jobs Would Reward Climate Action Says Blair
Former British Prime Minister Tony Blair says he hopes to break the "deadlock" in global climate talks with evidence that 10 million jobs could be ...
California Moves toward Major Tax Overhaul
A special commission this week is scheduled to recommend a sweeping overhaul of California's antiquated tax system, a move designed to bring fiscal sanity to ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
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 ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Multinationals Break Vietnam Laws Promoting Breast-Feeding
Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...
Stocks Resume Rally After Brief Break
Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...
Arena's Obesity Drug Effective but Disappointing
Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...
Housing, Jobless Data Show Fragile Recovery
Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...
World's Carmakers All Aboard Electric Bandwagon
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...
U.S. Net Worth Grew for First Time Since 2007
Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...
New Jobless Claims Rose Last Week
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...
Japan Suspends U.S. Beef Shipments Again for Violation
Japan has suspended beef shipments from an American meatpacking plant after finding cattle parts banned under an agreement to prevent the spread of mad cow ...
Natural Gas Shale May Be Next Big Boom or Bubble
The promise of enough natural gas to last the United States more than 100 years based on discoveries of vast shale formations could be the ...
Comcast Deal Lets GE Unwind Stake in NBC Universal
A proposed deal to acquire media giant NBC Universal would give current owner General Electric Co. the ability to unwind its stake over several years, ...
Asian Stocks Rise on Solid Growth Data
Most Asian stock markets advanced Tuesday, with Japanese and Hong Kong benchmarks gaining 1 percent or more, amid signs of economic improvement in Asia and ...
China Hainan Airlines to Begin Service to Hawaii
China's Hainan Airlines has received approval to begin service from Beijing to Hawaii. The U.S. Department of Transportation approved the flights, which initially will be ...
Sidekick Phones Lose All Personal, Contacts Data
Owners of Sidekick phones may have lost all the personal information they put on the device, including contact numbers, because of a failure of servers ...
Carly Simon Sues Starbucks for Poor Promotion
Singer Carly Simon is suing Starbucks Corp., saying the coffee company's now-defunct music venture didn't adequately promote her 2008 album, dooming the record before it ...
Singapore Economy Surges for 2nd Straight Quarter
Singapore's economy surged for a second straight quarter, and the government boosted its 2009 growth forecast, as manufacturing cemented the city-state's emergence from recession.
Phillips Q3 Profits Treble
Royal Philips Electronics NV reported net profit of €174 million ($256 million) for the third quarter on Monday, three times the depressed levels of a ...
Japan Air Lines Hopes to Conclude Merger Talks Soon
Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...
China's BYD Sets Sights on Overtaking Toyota
Fast-growing Chinese battery and automaker BYD Co. is thinking big — really big. It aims to overtake Toyota Motor Co. to become the global auto ...
Asia Markets at New Highs for Year
Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world's largest economy is growing ...
Google to Turn Digital Library into Paperbacks
Google Inc. is giving 2 million books in its digital library a chance to be reincarnated as paperbacks. As part of a deal announced Thursday, ...
Manufacturers Lead Growth With Broad-Based Gains
Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...
World Markets Surge on End to U.S. Recession
World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic ...
Financial Reform Push Gives Way to Inertia, Complacency
The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...
Cablevision Debuts Interactive Ads on TV
Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...
IRS Eases Commercial Mortgage Refinancing Rules
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...
Shane Kim to Retire from 14-Year Post As Xbox Guru
Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...
Retail, Manufacturing Data Boost Wall Street
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...
Kodak to Shore Up Balance Sheet with Capital Infusion
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up ...
August Retail Sales Up Mainly on Auto, Gas
Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...
Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings
Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...
New Electrics Grab Focus at Frankfurt Auto Show
Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...
Yahoo Gains $150 Mil. on Sale of Alibaba Stake
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...
JAL Shares Surge on American, Delta Interest
Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...
NEC, Casio, Hitachi to Merge Cell Phone Business
Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...
Majority of Americans Still Troubled by Economy
One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...
World Markets Rattled by U.S.-China Tire Tariff Dispute
European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...
U.S. Banks Return to Risky Investments
A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Goldman Sachs, JPMorgan Chase and ...
Young Americans Seek Careers in China
When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took ...
Dell to Buy Perot Systems for $3.9
Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business ...
Intel's Hardball Sales Tactics Detailed by EU
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over ...
Emmies Show Acknowledges Decline of TV
A year after its least-watched telecast ever, the Emmy Awards plaintively acknowledged TV's changing role in the Internet age, bringing a collective sense of reckoning ...
World Markets Slip Ahead of Fed Meeting
World stock markets were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. ...
10 Mil. Jobs Would Reward Climate Action Says Blair
Former British Prime Minister Tony Blair says he hopes to break the "deadlock" in global climate talks with evidence that 10 million jobs could be ...
California Moves toward Major Tax Overhaul
A special commission this week is scheduled to recommend a sweeping overhaul of California's antiquated tax system, a move designed to bring fiscal sanity to ...
Wynn Boosts Size of HK IPO for Macau Assets
Casino operator Wynn Resorts Ltd. will increase the size of its Hong Kong initial public offering for its Macau casino assets, as it looks to ...
Many Publishers to Start Charging for Online News
With their advertising revenue drying up, newspaper publishers spent much of the spring and summer debating whether to cut off free online access to some ...
Meltdown Shattered Cherished Assumptions About Investing
The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way. Last year's financial meltdown knocked the ...
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 ...
China Says State Firm Profits Fell Last Year
Profit at China's top state-owned companies fell 30 percent last year, hurt by the global financial crisis, but assets have increased. The 141 banks, airlines, ...
Suburban Families Downsize from SUVs to Crossovers
Suburban mom Shana Rampersad is looking for a new family car, and it's got to be fuel efficient, stylish and roomy. That eliminates sedans, sport ...
Multinationals Break Vietnam Laws Promoting Breast-Feeding
Multinational companies in Vietnam sell baby formula so aggressively that they routinely stretch and sometimes break laws designed to promote breastfeeding, an AP investigation has ...
Stocks Resume Rally After Brief Break
Investors popped the stock market's rally back in gear Friday after analyst upgrades boosted their optimism about the economy. A 36-point advance in the Dow ...
Arena's Obesity Drug Effective but Disappointing
Arena Pharmaceuticals Inc. says its obesity drug candidate lorcaserin succeeded in a clinical study, but the drug did not appear to be as effective as ...
Housing, Jobless Data Show Fragile Recovery
Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested ...
World's Carmakers All Aboard Electric Bandwagon
The race is on among the world's auto companies to make electric cars go farther on a single charge, bring the price down to compete ...
U.S. Net Worth Grew for First Time Since 2007
Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded. Still, household ...
New Jobless Claims Rose Last Week
The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Wall Street economists forecast that first-time claims ...
Japan Suspends U.S. Beef Shipments Again for Violation
Japan has suspended beef shipments from an American meatpacking plant after finding cattle parts banned under an agreement to prevent the spread of mad cow ...
Natural Gas Shale May Be Next Big Boom or Bubble
The promise of enough natural gas to last the United States more than 100 years based on discoveries of vast shale formations could be the ...
Comcast Deal Lets GE Unwind Stake in NBC Universal
A proposed deal to acquire media giant NBC Universal would give current owner General Electric Co. the ability to unwind its stake over several years, ...
Asian Stocks Rise on Solid Growth Data
Most Asian stock markets advanced Tuesday, with Japanese and Hong Kong benchmarks gaining 1 percent or more, amid signs of economic improvement in Asia and ...
China Hainan Airlines to Begin Service to Hawaii
China's Hainan Airlines has received approval to begin service from Beijing to Hawaii. The U.S. Department of Transportation approved the flights, which initially will be ...
Sidekick Phones Lose All Personal, Contacts Data
Owners of Sidekick phones may have lost all the personal information they put on the device, including contact numbers, because of a failure of servers ...
Carly Simon Sues Starbucks for Poor Promotion
Singer Carly Simon is suing Starbucks Corp., saying the coffee company's now-defunct music venture didn't adequately promote her 2008 album, dooming the record before it ...
Singapore Economy Surges for 2nd Straight Quarter
Singapore's economy surged for a second straight quarter, and the government boosted its 2009 growth forecast, as manufacturing cemented the city-state's emergence from recession.
Phillips Q3 Profits Treble
Royal Philips Electronics NV reported net profit of €174 million ($256 million) for the third quarter on Monday, three times the depressed levels of a ...
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