Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Business
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
Korean Tablets Debut Ahead of iPad Launch
Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens
Carbuyers Likely to See Fewer Deals This August
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers
Eurozone Inflation Eases to 1.6%
Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European
New U.S. Import Duties Likely on Chinese Aluminum
Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
E-Readers Battle Tablets for Digital Book Supremacy
The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
Germany Considers Keeping Nuclear Plants Longer
Prominent German business figures are warning against what they call a too-quick shutdown of the country's nuclear plants, stepping up pressure
Russia Opens Up Bidding on Chopper-Carrier Prototypes
Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders
Super-Oysters Promise Fatter, Cleaner Eating
Biologist John Supan thinks he has developed what may be the holy grail for oyster lovers: a hardy breed of the delectable shellfish
Oil Falls Below $75 on Fears of Slowing Recovery
Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
U.S. Jobs Data Dampen World Markets
European stock markets traded lower Thursday after soft U.S. jobs data reined in hopes for gains on Wall Street. Japanese stocks were the best-performing
Intel to Buy McAfee for $7.68 Bil.
Chip maker Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share.
Germany Boosts 2010 Growth Forecast to 3%
Germany's economy is on course to grow by about 3 percent this year after a spectacular second-quarter growth spurt, the country's central bank
China Tries to Meet Booming Demand for Movies
China said it will expand its movie industry by making more films and building more theaters to meet growing demand.
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
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
Korean Tablets Debut Ahead of iPad Launch
Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens
Carbuyers Likely to See Fewer Deals This August
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers
Eurozone Inflation Eases to 1.6%
Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European
New U.S. Import Duties Likely on Chinese Aluminum
Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
E-Readers Battle Tablets for Digital Book Supremacy
The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
Germany Considers Keeping Nuclear Plants Longer
Prominent German business figures are warning against what they call a too-quick shutdown of the country's nuclear plants, stepping up pressure
Russia Opens Up Bidding on Chopper-Carrier Prototypes
Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders
Super-Oysters Promise Fatter, Cleaner Eating
Biologist John Supan thinks he has developed what may be the holy grail for oyster lovers: a hardy breed of the delectable shellfish
Oil Falls Below $75 on Fears of Slowing Recovery
Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
U.S. Jobs Data Dampen World Markets
European stock markets traded lower Thursday after soft U.S. jobs data reined in hopes for gains on Wall Street. Japanese stocks were the best-performing
Intel to Buy McAfee for $7.68 Bil.
Chip maker Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share.
Germany Boosts 2010 Growth Forecast to 3%
Germany's economy is on course to grow by about 3 percent this year after a spectacular second-quarter growth spurt, the country's central bank
China Tries to Meet Booming Demand for Movies
China said it will expand its movie industry by making more films and building more theaters to meet growing demand.
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
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
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