GM to Repay Some Gov't Loans Five Years Early
General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June
Business
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Consumer Confidence Rise Beats Expectations
Americans' confidence in the economy rebounded in March after a February plunge but remains relatively weak amid a tough job market
Geely to Plow $900 Mil. More into Volvo
Chinese automaker Zhejiang Geely Holding Group expects to spend hundreds of millions of dollars beyond the $1.8 billion purchase price for Volvo
McDonald's Opens Hamburger U in Shanghai
China's newest university has no football field or fancy library. For inspiration, it looks not to Confucius, but to Ronald McDonald. But Shanghai's
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
Japan February Factory Output Broke Rising Trend
Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a ...
iPad May Be Kindle's First Serious eBook Threat
Amazon.com, which has dominated the young but fast-growing electronic book market for the past few years with the Kindle
Geithner Says Commercial Real Estate Loans Problematical
Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed
Consumer Spending Rise Shows Decent Recovery Pace
Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.
Apple Shares Hit Recod High on iPhones for Verizon
Apple Inc. shares have hit another all-time high now that it appears the iPhone could find a new sales outlet through Verizon Wireless.
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Toyota to Pause UK, France Production on Weak Demand
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the ...
Japan Business Confidence Rose for 4th Straight Qtr.
Confidence at Japanese companies rose for a fourth straight quarter amid growing faith in the global economic recovery, a key central bank report showed Thursday.
Most New Jobs in 3 Years Added in March
The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight ...
Daimler Missed Chance to Avoid Bribery Troubles
At a 1999 meeting in Germany, board members at Daimler, one of the world's largest vehicle manufacturers, took a step that could have saved the ...
Disgruntled Publishers Strike New e-Book Deal with Amazon
Amazon.com Inc. has reached new agreements with some publishers that had been fed up with the low prices Amazon charges for electronic books
Ford, GM March Sales Surge on Incentives War
An incentives war touched off by Toyota boosted sales at most major automakers last month.
Hollywood Scorns Proposed Betting on Box Office
Think you're better than Hollywood at gauging whether an upcoming flick will be a box office bomb or a sleeper hit? You'd get a chance ...
Manufacturing Data Give Big Boost to World Stocks
World stocks rallied strongly Thursday after strong manufacturing data encouraged hopes that the global recovery from recession is gaining traction
Japanese Begin Buying Affordable Plug-In Electrics
Japan's first mass-market electric car went on sale in showrooms Thursday as the futuristic technology becomes more affordable
China Manufacturing Growth Highest Since April 2004
China's manufacturing accelerated in March as the dampening impact of winter weather and a long holiday the previous month eased and both exports
GM Says Chevy Volt Electric on Target for Dec Launch
Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised
Toyota March Sales Surge 40% on Incentives
Toyota sales surged 40 percent in March compared with last year after the automaker offered some of its deepest discounts ever to cope with the ...
Ford, Microsoft to Collaborate on Home Electric Car Grid
Ford Motor Co. and Microsoft Corp. have signed a deal to work together on a computerized link between houses, electric cars and utility companies
Factory Orders Rose for 10th Time in 11 Months
Factory orders rose in February, bolstered by strong demand for industrial machinery and commercial aircraft. It was the 10th increase in 11 months
Russia Borrows for First Time Since 1998 Default
Russia is likely to raise money on capital markets in late April for the first time since it defaulted 12 years ago as it faces ...
March Jobs Data Disappoints Investors
European and U.S. stock markets fell Wednesday after weak U.S. jobs data stoked concerns that official government figures later in the week will come in ...
Novell Wins Utah Jury Verdict in Unix Copyright Suit
Novell Inc. never sold ownership rights to Unix computer software code when it allowed another company to take over the servicing of the venerable server
NASA to Probe Toyotas for Electronic Glitches
NASA and the National Academy of Sciences are joining the government's effort to figure out what caused the sudden acceleration
Nissan's Leaf Plug-In Electric to Cost $25,000
Nissan's new electric car will cost just over $25,000 when it goes on sale in the U.S. in December, aiming to bring gasoline-free technology
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
GM to Repay Some Gov't Loans Five Years Early
General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government loans by June
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Consumer Confidence Rise Beats Expectations
Americans' confidence in the economy rebounded in March after a February plunge but remains relatively weak amid a tough job market
Geely to Plow $900 Mil. More into Volvo
Chinese automaker Zhejiang Geely Holding Group expects to spend hundreds of millions of dollars beyond the $1.8 billion purchase price for Volvo
McDonald's Opens Hamburger U in Shanghai
China's newest university has no football field or fancy library. For inspiration, it looks not to Confucius, but to Ronald McDonald. But Shanghai's
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
Japan February Factory Output Broke Rising Trend
Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a ...
iPad May Be Kindle's First Serious eBook Threat
Amazon.com, which has dominated the young but fast-growing electronic book market for the past few years with the Kindle
Geithner Says Commercial Real Estate Loans Problematical
Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed
Consumer Spending Rise Shows Decent Recovery Pace
Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.
Apple Shares Hit Recod High on iPhones for Verizon
Apple Inc. shares have hit another all-time high now that it appears the iPhone could find a new sales outlet through Verizon Wireless.
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Toyota to Pause UK, France Production on Weak Demand
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the ...
Japan Business Confidence Rose for 4th Straight Qtr.
Confidence at Japanese companies rose for a fourth straight quarter amid growing faith in the global economic recovery, a key central bank report showed Thursday.
Most New Jobs in 3 Years Added in March
The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight ...
Daimler Missed Chance to Avoid Bribery Troubles
At a 1999 meeting in Germany, board members at Daimler, one of the world's largest vehicle manufacturers, took a step that could have saved the ...
Disgruntled Publishers Strike New e-Book Deal with Amazon
Amazon.com Inc. has reached new agreements with some publishers that had been fed up with the low prices Amazon charges for electronic books
Ford, GM March Sales Surge on Incentives War
An incentives war touched off by Toyota boosted sales at most major automakers last month.
Hollywood Scorns Proposed Betting on Box Office
Think you're better than Hollywood at gauging whether an upcoming flick will be a box office bomb or a sleeper hit? You'd get a chance ...
Manufacturing Data Give Big Boost to World Stocks
World stocks rallied strongly Thursday after strong manufacturing data encouraged hopes that the global recovery from recession is gaining traction
Japanese Begin Buying Affordable Plug-In Electrics
Japan's first mass-market electric car went on sale in showrooms Thursday as the futuristic technology becomes more affordable
China Manufacturing Growth Highest Since April 2004
China's manufacturing accelerated in March as the dampening impact of winter weather and a long holiday the previous month eased and both exports
GM Says Chevy Volt Electric on Target for Dec Launch
Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised
Toyota March Sales Surge 40% on Incentives
Toyota sales surged 40 percent in March compared with last year after the automaker offered some of its deepest discounts ever to cope with the ...
Ford, Microsoft to Collaborate on Home Electric Car Grid
Ford Motor Co. and Microsoft Corp. have signed a deal to work together on a computerized link between houses, electric cars and utility companies
Factory Orders Rose for 10th Time in 11 Months
Factory orders rose in February, bolstered by strong demand for industrial machinery and commercial aircraft. It was the 10th increase in 11 months
Russia Borrows for First Time Since 1998 Default
Russia is likely to raise money on capital markets in late April for the first time since it defaulted 12 years ago as it faces ...
March Jobs Data Disappoints Investors
European and U.S. stock markets fell Wednesday after weak U.S. jobs data stoked concerns that official government figures later in the week will come in ...
Novell Wins Utah Jury Verdict in Unix Copyright Suit
Novell Inc. never sold ownership rights to Unix computer software code when it allowed another company to take over the servicing of the venerable server
NASA to Probe Toyotas for Electronic Glitches
NASA and the National Academy of Sciences are joining the government's effort to figure out what caused the sudden acceleration
Nissan's Leaf Plug-In Electric to Cost $25,000
Nissan's new electric car will cost just over $25,000 when it goes on sale in the U.S. in December, aiming to bring gasoline-free technology
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
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