Google to Build Off-Shore Wind Farms
Google will invest heavily in a network of deepwater transmission lines to bring power from offshore wind farms, yet to be built, to states along ...
Business
China Raises Big Bank Reserve Ratio for 2 Months
China has raised reserve requirements for the six biggest commercial banks by 50 basis points on a temporary basis to cut the money supply
Pfizer to Buy King Pharmaceutical
Pfizer Inc., the world's largest pharmaceutical company by revenue, said Tuesday it will buy pain drug maker King Pharmaceuticals Inc. for $3.6 billion in cash.
Fed Rate Setter Dampens Market Hopes
World markets fell Tuesday after a leading U.S. rate-setter dampened expectations that the Federal Reserve is preparing a massive monetary stimulus
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.
Strong Intel Sales, Profits Augur Well for PC Sales
Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.
IBM Shares Hit All-Time High Monday
IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...
Microsoft Stakes Wireless Future on Cell Phone Software
Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.
World Stocks Stay Up on Fed Easing Hopes
Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.
Stalled Foreclosures Could Derail Housing Recovery
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...
Virgin Galactic Makes First Solo Glide Flight
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans
China Buys a Third of Chesapeake's S. Tex Oil Field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South
Google Tests Self-Driving Cars on Calif. Roads
Google Inc. is road-testing cars that steer, stop and start without a human driver, the company says.
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
Apple Set to Unveil Next Version of Mac OS X
Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.
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
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.
Jobless Claims Rise Slightly to 462,000
Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy.
Wholesale Prices Rise on Food, Energy Costs
Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.
Trade Deficit Surges As Businesses Restock
The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes
Ford Posts 5th Straight Quarterly Profit
Ford Motor Co. posted its fifth straight quarterly profit on Friday as its popular cars and trucks continued to draw buyers from rivals
Dollar Hits 15-Year Low Against Yen
The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.
Asia Stocks Rise on Strong U.S. Earnings
Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers
HTC G2 Impressive on T-Mobile's Faster Network
Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.
Microsoft, Alibaba Test New China Search Engine
Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are testing a search service, adding a new competitor to a crowded Chinese
World Stocks Rise on Surging Intel Sales
World stocks rallied Wednesday after the Federal Reserve cemented expectations it will further boost the faltering U.S. economy at its next rate-setting
Eurozone Industrial Output Rises 1%
Industrial output in the 16 countries that use the euro rose by a monthly 1 percent in August, official figures showed Wednesday, easing concerns
Burberry to Expand Stores 25% on Strong Profits
Luxury goods company Burberry Group says sales rose by 17 percent in the first half of its financial year, and it expects a full-year profit ...
China Sept. Trade Surplus Shrinks to $16.9 Bil.
China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
Comcast Profits Rise on Subscriptions, Ad Rebound
Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.
Sprint Nextel Subscriber Loss Slows on Cheap Plans
Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service
Google to Build Off-Shore Wind Farms
Google will invest heavily in a network of deepwater transmission lines to bring power from offshore wind farms, yet to be built, to states along ...
China Raises Big Bank Reserve Ratio for 2 Months
China has raised reserve requirements for the six biggest commercial banks by 50 basis points on a temporary basis to cut the money supply
Pfizer to Buy King Pharmaceutical
Pfizer Inc., the world's largest pharmaceutical company by revenue, said Tuesday it will buy pain drug maker King Pharmaceuticals Inc. for $3.6 billion in cash.
Fed Rate Setter Dampens Market Hopes
World markets fell Tuesday after a leading U.S. rate-setter dampened expectations that the Federal Reserve is preparing a massive monetary stimulus
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.
Strong Intel Sales, Profits Augur Well for PC Sales
Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.
IBM Shares Hit All-Time High Monday
IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...
Microsoft Stakes Wireless Future on Cell Phone Software
Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.
World Stocks Stay Up on Fed Easing Hopes
Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.
Stalled Foreclosures Could Derail Housing Recovery
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...
Virgin Galactic Makes First Solo Glide Flight
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans
China Buys a Third of Chesapeake's S. Tex Oil Field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South
Google Tests Self-Driving Cars on Calif. Roads
Google Inc. is road-testing cars that steer, stop and start without a human driver, the company says.
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
Apple Set to Unveil Next Version of Mac OS X
Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.
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
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.
Jobless Claims Rise Slightly to 462,000
Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy.
Wholesale Prices Rise on Food, Energy Costs
Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.
Trade Deficit Surges As Businesses Restock
The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes
Ford Posts 5th Straight Quarterly Profit
Ford Motor Co. posted its fifth straight quarterly profit on Friday as its popular cars and trucks continued to draw buyers from rivals
Dollar Hits 15-Year Low Against Yen
The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.
Asia Stocks Rise on Strong U.S. Earnings
Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers
HTC G2 Impressive on T-Mobile's Faster Network
Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.
Microsoft, Alibaba Test New China Search Engine
Microsoft Corp. and Alibaba Group, China's biggest e-commerce site, are testing a search service, adding a new competitor to a crowded Chinese
World Stocks Rise on Surging Intel Sales
World stocks rallied Wednesday after the Federal Reserve cemented expectations it will further boost the faltering U.S. economy at its next rate-setting
Eurozone Industrial Output Rises 1%
Industrial output in the 16 countries that use the euro rose by a monthly 1 percent in August, official figures showed Wednesday, easing concerns
Burberry to Expand Stores 25% on Strong Profits
Luxury goods company Burberry Group says sales rose by 17 percent in the first half of its financial year, and it expects a full-year profit ...
China Sept. Trade Surplus Shrinks to $16.9 Bil.
China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Earnings Show Corporate America Out of Recession
Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...
Euro Hits 1-Year Low on Spain Debt Downgrade
The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.
Comcast Profits Rise on Subscriptions, Ad Rebound
Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.
Sprint Nextel Subscriber Loss Slows on Cheap Plans
Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service
Recent Stories
Asian American Success Stories
- Asian American Polls
- Asian American Parenting
- Personalities
- Identity
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women