Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
Business
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Hyundai Sales Rose 11% in February
Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...
January Chip Sales Up 47.2%
Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.
Personal Incomes Flat, Spending Grows in January
Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients
Buffet Says Health Care Costs Hurt U.S. Economy
Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an "economic tape worm."
Dish Network Gains Subscribers, Profits Beat Views
Dish Network's aggressive advertising blitz grabbed more subscribers for the third straight quarter, the company reported Monday, though that cut into profits
Asian Stocks Rise Again on China Manufacturing Growth
Asian stock markets advanced Monday, with Hong Kong's index up nearly 2 percent, after China said manufacturing continued to grow
Geneva Auto Show Marks Transition to Rocky Recovery
For most of the world's automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam
Toyota Plant Seen As Salvation for Mississippi Town
Terry McShan isn't thinking about car sales analyses or excess capacity when he drives by the idle Toyota plant in northeast Mississippi. He's thinking about ...
Akio Toyoda to Apologizes to China's Consumers
Toyota says its president Akio Toyoda will speak to reporters in Beijing on Monday about the company's recent quality problems.
Hulu May Start Charging for Access to Videos
Hulu's days as a free online video site could be ending soon. Comedy Central's decision to yank two of the most popular shows
China Projects Replacing Japan in 2010 As No. 2 Economy
China said Friday it will target economic growth of 8 percent this year, avoiding any slip after it rebounded last year from the world economic ...
TiVo's $300 Mil. Award vs. Dish Affirmed on Appeal
TiVo Inc. prevailed yet again in a long-running dispute with Dish Network Corp. over patents for digital video recorders, as a federal appeals court
Stocks Back in Black for 2010 Ahead of Jobs Data
Optimism about the government's February jobs report sent the Dow Jones industrials back into the black for 2010.
February Retail Strongest Since Before Recession
Shoppers returned to the nation's malls last month, buying a surprising amount of spring clothing and other items and helping stores post the strongest retail ...
Stocks Falter on Pending Home Sales Data
Stocks clung to a tight range Thursday after an unexpected drop in pending home sales raised new concern about the economy.
Informercial King Auditions for Great American Gadget
There wasn't a bottle of Oxiclean or a ShamWow anywhere. But there was Dawn Stephens' nifty new, all-in-one toilet-bowl-cleaning brush.
Sina Misses Adjusted Profits Estimates
Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Toyota Prius Tops Japan Sales Despite Recall
Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that included braking problems with the hit hybrid.
China Inflation Fears Subdue Stock Markets
The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...
Toyota to Spend $250 Mil. to Help California Employees
Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.
Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.
Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday
Costco Reports Rising Profits on Strong Global Growth
Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club
Standard Chartered Reports Record Annual Profit
Standard Chartered PLC on Wednesday reported a seventh consecutive record annual profit, of $3.38 billion, as stronger wholesale banking earnings
Food Borne Illnesses Cost U.S. $152 Bil. A Year
Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses
Yahoo CEO Cites Apple to Justify Long Turnaround
Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took
TiVo to Release DVR That Integrates Internet with TV Movies
TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
Data Shows Brakes Not Applied at Time of NY Prius Crash
Computer data from a Toyota Prius that crashed in suburban New York City show that at the time of the accident the throttle was open ...
Gas Prices Highest Since Oct 2008
Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand
FedEx Sees Solid Global Recovery Led by Asia
FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.
105 Owners of Repaired Toyotas Complain of Acceleration
Complaints of sudden acceleration in Toyotas repaired under recalls have nearly doubled in the past two weeks, according to an Associated Press analysis
Hollywood Joins Bollywood to Fight Indian Film Piracy
Hollywood and Bollywood linked arms Thursday to fight piracy, with the announcement of a coalition among the Motion Picture Association of America
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Nano Safety Questioned As New Car Bursts into Flames
When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative ...
Initial Jobless Claims Fall More Than Expected
New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Hyundai Sales Rose 11% in February
Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...
January Chip Sales Up 47.2%
Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.
Personal Incomes Flat, Spending Grows in January
Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients
Buffet Says Health Care Costs Hurt U.S. Economy
Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an "economic tape worm."
Dish Network Gains Subscribers, Profits Beat Views
Dish Network's aggressive advertising blitz grabbed more subscribers for the third straight quarter, the company reported Monday, though that cut into profits
Asian Stocks Rise Again on China Manufacturing Growth
Asian stock markets advanced Monday, with Hong Kong's index up nearly 2 percent, after China said manufacturing continued to grow
Geneva Auto Show Marks Transition to Rocky Recovery
For most of the world's automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam
Toyota Plant Seen As Salvation for Mississippi Town
Terry McShan isn't thinking about car sales analyses or excess capacity when he drives by the idle Toyota plant in northeast Mississippi. He's thinking about ...
Akio Toyoda to Apologizes to China's Consumers
Toyota says its president Akio Toyoda will speak to reporters in Beijing on Monday about the company's recent quality problems.
Hulu May Start Charging for Access to Videos
Hulu's days as a free online video site could be ending soon. Comedy Central's decision to yank two of the most popular shows
China Projects Replacing Japan in 2010 As No. 2 Economy
China said Friday it will target economic growth of 8 percent this year, avoiding any slip after it rebounded last year from the world economic ...
TiVo's $300 Mil. Award vs. Dish Affirmed on Appeal
TiVo Inc. prevailed yet again in a long-running dispute with Dish Network Corp. over patents for digital video recorders, as a federal appeals court
Stocks Back in Black for 2010 Ahead of Jobs Data
Optimism about the government's February jobs report sent the Dow Jones industrials back into the black for 2010.
February Retail Strongest Since Before Recession
Shoppers returned to the nation's malls last month, buying a surprising amount of spring clothing and other items and helping stores post the strongest retail ...
Stocks Falter on Pending Home Sales Data
Stocks clung to a tight range Thursday after an unexpected drop in pending home sales raised new concern about the economy.
Informercial King Auditions for Great American Gadget
There wasn't a bottle of Oxiclean or a ShamWow anywhere. But there was Dawn Stephens' nifty new, all-in-one toilet-bowl-cleaning brush.
Sina Misses Adjusted Profits Estimates
Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Toyota Prius Tops Japan Sales Despite Recall
Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that included braking problems with the hit hybrid.
China Inflation Fears Subdue Stock Markets
The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...
Toyota to Spend $250 Mil. to Help California Employees
Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.
Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.
Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday
Costco Reports Rising Profits on Strong Global Growth
Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club
Standard Chartered Reports Record Annual Profit
Standard Chartered PLC on Wednesday reported a seventh consecutive record annual profit, of $3.38 billion, as stronger wholesale banking earnings
Food Borne Illnesses Cost U.S. $152 Bil. A Year
Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses
Yahoo CEO Cites Apple to Justify Long Turnaround
Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took
TiVo to Release DVR That Integrates Internet with TV Movies
TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
Data Shows Brakes Not Applied at Time of NY Prius Crash
Computer data from a Toyota Prius that crashed in suburban New York City show that at the time of the accident the throttle was open ...
Gas Prices Highest Since Oct 2008
Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand
FedEx Sees Solid Global Recovery Led by Asia
FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.
105 Owners of Repaired Toyotas Complain of Acceleration
Complaints of sudden acceleration in Toyotas repaired under recalls have nearly doubled in the past two weeks, according to an Associated Press analysis
Hollywood Joins Bollywood to Fight Indian Film Piracy
Hollywood and Bollywood linked arms Thursday to fight piracy, with the announcement of a coalition among the Motion Picture Association of America
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Nano Safety Questioned As New Car Bursts into Flames
When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative ...
Initial Jobless Claims Fall More Than Expected
New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
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