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LG Chem Adds Mitsubishi Motors As Battery Client

Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles

World Stocks Slip on Euro Debt Fears, Yen Action

World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve

China Studio Buys Stake in Hollywood Production Firm

The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio

ADB Raises Asia Growth Forecast to 8.2%

The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned

Blackberry Maker Unveils Small Tablet for Business

The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...

Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart

Wal-Mart-Stores Inc. says it has offered to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion.

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 ...

East Asia Output Above Pre-Recession Levels

The World Bank raised its growth forecast for East Asia's developing countries Tuesday but said governments need to control rising risks

IBM Beats Views, Raises Outlook

IBM's net income rose 12 percent and the technology company raised its 2010 profit forecast slightly as it wrings more out of its services and ...

Facebook Apps Found to Be Leaking Personal Data

The latest Facebook privacy fiasco shows that the world's largest online social hub is having a hard time putting this thorny issue behind it even

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.

China Signals Full Recovery with Rate Hike

China raised its benchmark lending rate Tuesday for the first time since emerging from the global crisis as the government tries to cool inflation

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

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

China Up, Korea, Europe Stocks Recover

European stock markets steadied Wednesday as the surprise of China's first interest rate increase in three years slowly wore off. The dollar

GM China Exports Locally Developed Chevy New Sail

General Motors Co. said Thursday its Shanghai GM joint venture has begun exports of its Chevrolet New Sail, a small family sedan

China Growth Eases Further on Cooling Moves

China's rapid expansion slowed in the latest quarter as Beijing cooled a credit boom and tried to steer growth to a more sustainable level, possibly

Court Orders Google to ID Harassive Poster

A business consultant who wants to know who's been anonymously disparaging and fixating on her online has gotten a court to force Google

Microsoft Wants Back in Smart Phone Game with Phone 7

When it comes to smart phones, Microsoft is itching to get back in the game. Microsoft was sick of watching consumers flock to Apple's

Fed Survey Shows Uneven Regional Growth

The U.S. economy grew unevenly in early fall, with more than half the regions of the country expanding modestly while others are struggling to grow.

Japan Regulators Asked to Review Yahoo-Google Deal

A Japanese online shopping company said Wednesday it has asked the country's anti-monopoly watchdog to review a tie-up between Yahoo Japan

Boeing Profits Beat Views on More Jet Sales

Boeing posted an $837 million third-quarter profit on Wednesday and raised its profit guidance for the full year as it sold more commercial airplanes.

Delta Posts Q3 Profits on Booming Asia Routes

Delta Air Lines Inc. said Wednesday it posted a profit in the third quarter and expects to repeat that in the last three months of ...

Chrysler to Name 200 Fiat Dealerships

Chrysler Group LLC is starting to name Fiat dealers for the U.S. The automaker said Wednesday that it wants Fiat dealers in 119 U.S. markets

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.

Starbucks Expands Internet Strategy with Yahoo

Starbucks is adding a venti-sized dollop of free books, news and entertainment to its Internet offerings starting Wednesday.

Publishers Suffer from Print's Decline

The country's largest newspaper publishers still haven't been able to reverse a slump in advertising sales more than three years after it began.

J&J OTV Sales Fell 40% on Recalls

U.S. sales of Johnson & Johnson's nonprescription medicines plunged 40 percent in the third quarter as an embarrassing string of product recalls hurt sales

Intel to Spend $8 Bil. on U.S. Plants for Faster Chips

Intel Corp. on Tuesday revealed the scope of its latest infusion to keep its factories cutting-edge and push the chip industry's pace: an investment

Goldman Earnings Blow Past Forecasts

Goldman Sachs Group Inc.'s earnings easily beat analysts' forecasts again, but the bank saw a big slowdown in trading, its most profitable business.

Single-Family Home Growth Offset by Drop in Apts.

Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth

Coca-Cola Profits Up on Global Sales Growth

Coca-Cola Co.'s third-quarter net income rose 8.4 percent as it sold more of its soft drinks and juices around the world and U.S. sales extended

J&J Profits Up Slightly Despite Lower Sales

Health care giant Johnson & Johnson eked out a 2 percent profit increase in its third quarter, even though sales were down slightly, hurt by ...

Posco's $12 Bil. India Plant May Be Halted by Gov't

A government panel wants to withdraw environmental clearances for South Korean steel giant Posco to build a $12 billion steel plant in India

China Signals Gradual Rise in Yuan Value

The head of China's central bank says he agrees that appreciation of his country's currency should accelerate but repeated Beijing's insistence

France Begins Mass Strikes Over Pension Reforms

Workers tried to shut down France on Tuesday with strikes affecting airports, public transportation, schools and the postal service in a showdown

Icahn Tries to Fold MGM into Lions Gate

Lions Gate is offering to combine its business with MGM in a deal supported by billionaire investor Carl Icahn, who owns stakes in both studios.

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