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China Okays Geely's Volvo Purchase Without Conditions

Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce

AOL Posts $1 Bil. Loss of Writedowns, Lower Sales

Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.

Asia Mixed, Europe Falls on U.S. Recovery Data

World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead

Toyota Posts $2.2 Bil. Profit As Global Sales Recover

Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales

Torch Will Help Blackberry Preserve Status Quo

BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough

RIM in Talks with India Over Access to Blackberry Emails

BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government

Most Carmakers Post Higher U.S. Sales for July

Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns

Toyota Shifts Focus to Emerging Markets

Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...

Coach Profits Jump As China Stores Open

A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag

Gas Prices on Rising Trend Across U.S.

Drivers across the country woke up to higher prices at the gas pump Monday morning, as retail gasoline rose overnight.

U.S. Consumer Confidence Falls Most Since February

Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns

Daimler Back to Profits As Asia Sales Pass U.S.

Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter

Stocks to Continue Rising on Global Sentiment

Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism

DuPont Profits Treble on Surging Sales, Lower Costs

Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...

German Consumer Confidence Up Sharply

German consumer confidence is up strongly, boosted by expectations that a quicker economic recovery will keep unemployment in check and by cheer

SAP Revenues, Profits Jump on U.S., Asia Growth

Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase

Home Prices Expected to Keep Declining

Thought the housing crisis was over? Not quite. Despite four years of falling prices and recent signs that they were finally bottoming

FedEx Raises Year's Outlook on Strong Asia Growth

In another sign of confidence in the global economy, FedEx Corp. on Monday raised its earnings outlook for the current quarter and full year.

Packed Planes, Baggage Fees Change Air Travel

Good times are finally back for the nation's airlines. For travelers, that means it's getting harder to find bargains.

Volt Challenges Leaf in Affordable Electric Car Niche

General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...

June Data Shows New Home Sales Recovering

Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers

Wall Street Rises on Strong June New Home Sales

Stocks rose moderately Monday after a better-than-expected jump in new home sales and an increase in the profit outlook for shipping giant FedEx Corp.

China Pledges More Support to Expand Private Sector

China's Cabinet promised private investors a bigger role in industries from oil drilling to finance, apparently responding to complaints that state companies

New Ford Explorer Lower, More Fuel-Efficient

The Ford Explorer, the hulking family-hauler that helped launch the SUV boom in the early 1990s, is back. And it hopes to define a new ...

Asian Stocks Rise on Growth Data, Europe Flat

European stock markets and the euro were steady Monday as investors weighed the results of the stress tests into 91 EU banks

Japan Exports Jump for 7th Straight Month

Japan says its exports in June rose 27.7 percent from a year earlier. The Finance Ministry said Monday that Japanese exports climbed

Disney Begins Sales for Hawaii Mega-Resort

More than 80 years after Mickey Mouse piloted "Steamboat Willie" and whistled his way into the hearts of children across the world

Ford Posts 5th Straight Quarterly Profit

Ford Motor Co. posted its fifth straight quarterly profit on Friday as its popular cars and trucks continued to draw buyers from rivals

Boeing Pofits Fall on Defense Spending Cuts

Boeing's second-quarter profit fell 21 percent, and it said layoffs are likely in its defense business because of expected government spending

Nissan Returns to Profit on Global Rebound

Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.

Sony Returns to Profit on Playstation 3, PC Sales

Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles

Panasonic Returns to Profit, Buys Out Sanyo

Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works

Siemens Reports 4% Revenue Growth

A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher

Hyundai Motor Profits Soar 71% to Record

Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.

Amazon's Lighter, Cheaper Kindle Adds Wi-Fi Access

Jeff Bezos isn't just confident you'll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you'll also want ...

Japan Retail Sales Up 3.2% in June As Growth Slows

Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.

Sober Fed Assessment Dampens Wall Street Mood

Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.

Jobless Rate Rises in 75% of Urban Areas

The unemployment rate in about three-quarters of the nation's largest metro areas rose last month as nearly one million teenagers entered

U.S. Corn Exports to Boom As China Eats More Meat

China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat

Durable Goods Orders Fall 1% in June

Orders to U.S. factories for big-ticket manufactured goods fell broadly in June as the fragile recovery continued to slow.

Sprint Nextel Reverses Subscriber Losses

Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve

Peugeot Citroen Returns to Profit on China Growth

Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting

ArcelorMittal Back to Profit with $1.7 Bil. for Q2

ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion

Panasonic 3-D Camcorder for Consumers to Cost $2,000

The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...

Asia Stocks Up on Strong Corporate Earnings

Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.

Yahoo Japan to Use Google Search Technology

Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.

Vodafone Unveils Solar Cell Phone for India

Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.

Deep Discounting Not Enough to Lure Customers

A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.

Taiwan GDP Surged 12.5% on Electronics Demand

Taiwan's export-reliant economy surged 12.5 percent year-on-year in the second quarter on strong foreign demand for the island's electronics

Lenovo Returns to Profit on Surging China PC Sales

Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier

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