Extended Volcano Eruptions Could Jeopardize Recovery

Even as Europe's dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland's volcano erupts again?

IMF Cuts Estimate of Losses from Financial Crisis

The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly

Bond Film Stopped on Uncertainty Over MGM's Fate

Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.

Stocks Rise in Asia, Europe on U.S. Rebound

Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted

Online Firms Fear Impact of Global Copyright Pact

Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing

Caterpillar Returns to Profit, Signals Strong Outlook

Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last

Sands Opens $5.7-Bil. Singapore Casino Resort

Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state

World Markets Slide on China Fears, Greek Glitch

Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility

S. Korea GDP Growing at Annualized 7.5% Rate

South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.

Gasoline Prices Set to Rise As Recession Fades

After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high

Wal-Mart to Face Massive Class Action Suit

A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class

Hertz to Buy Dollar Thrifty for $1.2 Bil.

Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash

U.S. Newspaper Circulations Fall 8.7%

Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.

Germany Nixes Bailout Until Greece Inks Austerity Measures

German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union

IMAX Signs Expanded 3-D Theater Deal in Japan

Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...

Treasury to Begin Selling Off Citigroup Shares

The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.

Murdoch Turns Up WSJ Heat on New York Times

It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers

China Carmakers Announce Global Expansion Plans

Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show

Video Games Shoot for Spectacular 3-D Experiences

For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...

BMW Aims for China Sales 20% Above Prior Record

Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.

Kia Motors Profits Quadruple on Strong Sales

Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.

Microsoft Profits Jump 35% on PC Rebound

An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter

Home Sales Rise, Jobless Claims Fall

The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound

Intel Q1 Profits Quadruple

Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology

Germany to Grow 1.5% in 2010

The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market

Toyota Conducts Safety Tests on All SUV Models

Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned

Global PC Sales Surged 20% in Q1

Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago

China Q1 Growth Surged to 12% but Inflation Low

More Americans Feel Effects of Recovery

A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.

Households Feel Income Squeeze Despite Low Inflation

The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak

Wall Street Boosts Hiring of Investment Managers

Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...

World Markets Rise on Intel Earnings Report

World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.

China Trims U.S. Treasuries for 4th Straight Month

China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns

Singapore GDP Jumped 32.1% in Q1

Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.

Toyota Pulls Lexus GX460 After Alarming Rollover Report

Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident

Feb. Trade Deficit Grows with Consumer Spending

The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...

Shanghai Tops Taiwanese Foreign Investments

Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore

Infosys Profits Up 8.7%

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent

Honda Jumps Into Green Game with Electric Scooters

The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.

Paramount Bundles Movies with Seagate Hard Drives

Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...

China Continues Oil Binge with Syncrude Buy

China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal

China Banks to Refuse Loans for 3rd Homes

Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation

Toyota to Fix Stability Software on 34,000 Lexus GX460s

Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...

SEC's Goldman Probe Could Widen to Other Banks

Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction

GM to Repay Bailout Loan Before June

General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June

IBM Sees Tech Spending Rebound, Profits Rise

IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding

Airlines Seek EU Compensation for $1 Bil. in Volcano Losses

As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European

Citigroup Reports $4.4 Bil. Earnings on Trading

Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit

Microsoft's China OEM Accused of Using Child Labor

Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers

Toyota Agrees to Record $16 Mil. U.S. Fine

Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal