Toyota May Face Major Recall in China
Toyota's declining market share in China may be further eroded by the possibility of a major recall.
Business
China Spreads Prosperity with Western Boomtowns
China's go-west strategy is erasing the glaring economic disparity between the prosperous coastal regions and the vast western inland regions.
iPad Popularity Revives Shenzhen PC Makers
Shenzhen's PC manufacturers enjoy an unexpected boom thanks to the demand for “white box” tablet PCs.
Hong Kong Has 3 of World's 10 Priciest Streets
Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in a list of the world's most expensive shopping boulevards.
Chinese Money Behind $1.2 Bil. Offer for Dodgers
Dodgers owner Frank McCourt has received a $1.2 billion offer for the Dodgers funded by China's state-owned investment firms.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
Euro Slides on Mounting Debt Fears
The euro slid to a two-month low Wednesday amid mounting worries that Europe's debt crisis was spiraling out of control and heading for Portugal
McDonald's Tries New Approach for China Success
McDonald's China is loosening up its ownership structure and moving its stores upmarket to maintain growth in a rapidly changing market.
Samsung Pushes Own Bada OS with Wave Smartphones
Samsung powers up its software ambitions with three new smartphones running its proprietary OS.
Japan Sells Gold While Other Nations Buy
Japan is the only major economy where more gold is being sold than bought.
TDK Doubles Data Density of Hard Drives
Japan's TDK Corp. has doubled the recording capacity of hard disk drives using a new type of recording head.
Qibing Pei Develops Fully Stretchable OLED
Qibing Pei has led a UCLA team in developing the first fully stretchable organic light-emitting diode.
Sharp to Debut Lightweight, Portable LCD Screens
On September 15 Japan's Sharp will release a series of Freestyle Aquos television sets featuring wireless LCD screens.
GM to Develop Electric Cars with LG
General Motors will join with South Korean chaebol LG to develop electric vehicles (EVs) from scratch.
India, China Continue to Lead Gold Buying
India and China continue to lead global gold demand even as prices soar to new records.
Forever 21's Jin Chang on Forbes Power List
Forever 21 co-founder Jin Chang placed 39th on the Forbes list of the World's 100 Most Powerful Women.
Galaxy S Lifts Samsung Past HTC in Smart Phones
The success of its Galaxy S has moved Samsung Electronics up into the number 4 spot among smartphone makers wth 7.85 million sold in the ...
Pfizer Profits Plunge on Wyeth Acquisition Costs
Pharmaceutical giant Pfizer Inc. said Tuesday that revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth
Fed to Buy More Bonds in Bid to Boost Economy
With unemployment at 9.6 percent, the Federal Reserve is all but certain this week to launch a new program to try to fortify the economy. ...
Boeing Lifts 20-Year China Forecast on Travel Boom
Boeing Co. raised its 20-year forecast of China's demand for commercial aircraft due to strong economic growth and more competitive Chinese carriers.
U.S. Manufacturing Surged in October
Manufacturing activity expanded last month at the fastest pace since May due to a surge in new orders and production.
Sept Consumer Spending Weaker on Income Dip
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
AIG to Repay $37 Bil. Govt Bailout
AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government ...
Lower TV Glass Demand Crimps Corning Profits
Corning Inc. says its profit jumped 22 percent in the third quarter but it missed Wall Street expectations on lower sales of glass for flat-panel ...
Why Jobless Rates Stay High Despite Growth
An economy growing 2 percent a year might be tolerable in normal times. Today, it's a near-disaster.
China Manufacturing Data Lifts Asia Stock Markets
World stock markets rose modestly Monday following a fairly strong Chinese manufacturing survey — but trading was subdued as investors waited
Nissan Unveils Electric Two-Seat Concept Car
Nissan showed a two-seater electric vehicle resembling a go-cart Monday that isn't ready for sale but spotlights the Japanese automaker's ambitions
Mastercard Profits Rise 15% on More Card Use
MasterCard Inc. says heavier use of credit and debit cards overseas helped push third-quarter profits up by nearly 15 percent.
Pontiac Laid to Rest After Storied Life
Pontiac, whose muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens, is going out of business on Sunday.
India Backs Off Threat to Ban Blackberries
India has followed the United Arab Emirates in backing off from a threat to ban popular services on Blackberry devices, amid growing global concern
YouTube CEO Chad Hurley Moves to Fashion Business
YouTube CEO Chad Hurley is surrendering the reins of the popular video website that he started with two buddies as a quirky curiosity and went ...
Declining Demand Seen for LCDs Despite Solid Profits
Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S.
Honda, Mazda Profits Soar Despite Strong Yen
Japanese automakers Honda and Mazda posted hefty profits despite a strengthening yen as the global recovery and government incentives for green
Panasonic Profits Quintuple on LCDs, Auto Electronics
Panasonic, Japan's biggest home appliance maker, said Friday its quarterly profit surged more than fivefold on strong consumer demand despite
Sony Returns to Modest Profits
Sony Corp. says it returned to black in the July-September quarter on better sales of its PlayStation gaming consoles and personal computers.
Japan Cuts Production As Consumer Prices Fall
Japan's factories made fewer goods in September as makers of cars and electronic devices cut production while consumer prices fell for the 19th
Samsung Profits Hit Another Record on Chips, Phones
Samsung Electronics Co. said net profit rose 17 percent in the third quarter to a record high amid strength in its semiconductor and mobile
T-Mobile Touts Upgraded 3G Network As 4G
Sprint Nextel Corp. and Verizon Wireless are building wireless data networks using new technologies that the industry calls fourth-generation
Trucks Outsell Cars by Biggest Margin in 5 Years
Trucks outsold cars by the highest margin in nearly five years in October, a small sign that the economy may be starting to improve.
New Jobless Claims Jump After Declines
The number of people seeking jobless benefits jumped sharply last week, after two straight weeks of declines.
Retailers Post Big Sales Gains by Discounting
Retailers are reporting solid revenue gains for October. But it took heavy discounting on coats and other cold-weather items to get shoppers to spend
Ford, GM China Sales Surge in October
General Motors Co. says it is set to sell more than 2 million vehicles in China this year after posting record sales for October.
Panasonic Invests $30 Mil. in Tesla Motors
Panasonic Corp. is investing $30 million in Tesla Motors Inc., the U.S. maker of electric sports cars, eyeing expansion in the global market for green
Asia Stocks Rise on Fed Stimulus Plan
Asian stock markets climbed on Thursday as investors took heart from the Federal Reserve's plan to buy $600 billion in government bonds
GM Predicts $2.1 Bil. Earnings Ahead of IPO
General Motors Co. is forecasting that it earned as much as $2.1 billion from July to September, a strong financial performance as the company
QE2 Risks Dollar Plunge, New Speculative Bubble
The Federal Reserve is making a high-stakes bet in the hope of getting the economy steaming along again. Nobody is sure the Fed's best efforts
Dow Hits 2-Year High on $600 Bil. Stimulus Plan
The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion
Toyota May Face Major Recall in China
Toyota's declining market share in China may be further eroded by the possibility of a major recall.
China Spreads Prosperity with Western Boomtowns
China's go-west strategy is erasing the glaring economic disparity between the prosperous coastal regions and the vast western inland regions.
iPad Popularity Revives Shenzhen PC Makers
Shenzhen's PC manufacturers enjoy an unexpected boom thanks to the demand for “white box” tablet PCs.
Hong Kong Has 3 of World's 10 Priciest Streets
Hong Kong's Causeway Bay trails only Manhattan's Fifth Avenue in a list of the world's most expensive shopping boulevards.
Chinese Money Behind $1.2 Bil. Offer for Dodgers
Dodgers owner Frank McCourt has received a $1.2 billion offer for the Dodgers funded by China's state-owned investment firms.
Kai-Fu Lee Raises $180 Mil. for China Tech Incubator
Former search-engine wizard Kai-Fu Lee has raised $180 million more in venture capital for his China startup incubator.
BYD Plans Massive Layoffs As Auto Sales Plunge
The Chinese battery-maker picked by Warren Buffet to become a giant of the global electric-car market is shrinking its workforce as sales plunge.
China's Rare Earth Dealers Hurt by Price Plunge
A sudden price plunge has caught China's rare earth dealers holding big inventories bought at high prices.
David Wang Creates Personal Activity Logger
David Wang wants to motivate the average person to achieve fitness goals by staying active in the real world.
Euro Slides on Mounting Debt Fears
The euro slid to a two-month low Wednesday amid mounting worries that Europe's debt crisis was spiraling out of control and heading for Portugal
McDonald's Tries New Approach for China Success
McDonald's China is loosening up its ownership structure and moving its stores upmarket to maintain growth in a rapidly changing market.
Samsung Pushes Own Bada OS with Wave Smartphones
Samsung powers up its software ambitions with three new smartphones running its proprietary OS.
Japan Sells Gold While Other Nations Buy
Japan is the only major economy where more gold is being sold than bought.
TDK Doubles Data Density of Hard Drives
Japan's TDK Corp. has doubled the recording capacity of hard disk drives using a new type of recording head.
Qibing Pei Develops Fully Stretchable OLED
Qibing Pei has led a UCLA team in developing the first fully stretchable organic light-emitting diode.
Sharp to Debut Lightweight, Portable LCD Screens
On September 15 Japan's Sharp will release a series of Freestyle Aquos television sets featuring wireless LCD screens.
GM to Develop Electric Cars with LG
General Motors will join with South Korean chaebol LG to develop electric vehicles (EVs) from scratch.
India, China Continue to Lead Gold Buying
India and China continue to lead global gold demand even as prices soar to new records.
Forever 21's Jin Chang on Forbes Power List
Forever 21 co-founder Jin Chang placed 39th on the Forbes list of the World's 100 Most Powerful Women.
Galaxy S Lifts Samsung Past HTC in Smart Phones
The success of its Galaxy S has moved Samsung Electronics up into the number 4 spot among smartphone makers wth 7.85 million sold in the ...
Pfizer Profits Plunge on Wyeth Acquisition Costs
Pharmaceutical giant Pfizer Inc. said Tuesday that revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth
Fed to Buy More Bonds in Bid to Boost Economy
With unemployment at 9.6 percent, the Federal Reserve is all but certain this week to launch a new program to try to fortify the economy. ...
Boeing Lifts 20-Year China Forecast on Travel Boom
Boeing Co. raised its 20-year forecast of China's demand for commercial aircraft due to strong economic growth and more competitive Chinese carriers.
U.S. Manufacturing Surged in October
Manufacturing activity expanded last month at the fastest pace since May due to a surge in new orders and production.
Sept Consumer Spending Weaker on Income Dip
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
AIG to Repay $37 Bil. Govt Bailout
AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government ...
Lower TV Glass Demand Crimps Corning Profits
Corning Inc. says its profit jumped 22 percent in the third quarter but it missed Wall Street expectations on lower sales of glass for flat-panel ...
Why Jobless Rates Stay High Despite Growth
An economy growing 2 percent a year might be tolerable in normal times. Today, it's a near-disaster.
China Manufacturing Data Lifts Asia Stock Markets
World stock markets rose modestly Monday following a fairly strong Chinese manufacturing survey — but trading was subdued as investors waited
Nissan Unveils Electric Two-Seat Concept Car
Nissan showed a two-seater electric vehicle resembling a go-cart Monday that isn't ready for sale but spotlights the Japanese automaker's ambitions
Mastercard Profits Rise 15% on More Card Use
MasterCard Inc. says heavier use of credit and debit cards overseas helped push third-quarter profits up by nearly 15 percent.
Pontiac Laid to Rest After Storied Life
Pontiac, whose muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens, is going out of business on Sunday.
India Backs Off Threat to Ban Blackberries
India has followed the United Arab Emirates in backing off from a threat to ban popular services on Blackberry devices, amid growing global concern
YouTube CEO Chad Hurley Moves to Fashion Business
YouTube CEO Chad Hurley is surrendering the reins of the popular video website that he started with two buddies as a quirky curiosity and went ...
Declining Demand Seen for LCDs Despite Solid Profits
Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S.
Honda, Mazda Profits Soar Despite Strong Yen
Japanese automakers Honda and Mazda posted hefty profits despite a strengthening yen as the global recovery and government incentives for green
Panasonic Profits Quintuple on LCDs, Auto Electronics
Panasonic, Japan's biggest home appliance maker, said Friday its quarterly profit surged more than fivefold on strong consumer demand despite
Sony Returns to Modest Profits
Sony Corp. says it returned to black in the July-September quarter on better sales of its PlayStation gaming consoles and personal computers.
Japan Cuts Production As Consumer Prices Fall
Japan's factories made fewer goods in September as makers of cars and electronic devices cut production while consumer prices fell for the 19th
Samsung Profits Hit Another Record on Chips, Phones
Samsung Electronics Co. said net profit rose 17 percent in the third quarter to a record high amid strength in its semiconductor and mobile
T-Mobile Touts Upgraded 3G Network As 4G
Sprint Nextel Corp. and Verizon Wireless are building wireless data networks using new technologies that the industry calls fourth-generation
Trucks Outsell Cars by Biggest Margin in 5 Years
Trucks outsold cars by the highest margin in nearly five years in October, a small sign that the economy may be starting to improve.
New Jobless Claims Jump After Declines
The number of people seeking jobless benefits jumped sharply last week, after two straight weeks of declines.
Retailers Post Big Sales Gains by Discounting
Retailers are reporting solid revenue gains for October. But it took heavy discounting on coats and other cold-weather items to get shoppers to spend
Ford, GM China Sales Surge in October
General Motors Co. says it is set to sell more than 2 million vehicles in China this year after posting record sales for October.
Panasonic Invests $30 Mil. in Tesla Motors
Panasonic Corp. is investing $30 million in Tesla Motors Inc., the U.S. maker of electric sports cars, eyeing expansion in the global market for green
Asia Stocks Rise on Fed Stimulus Plan
Asian stock markets climbed on Thursday as investors took heart from the Federal Reserve's plan to buy $600 billion in government bonds
GM Predicts $2.1 Bil. Earnings Ahead of IPO
General Motors Co. is forecasting that it earned as much as $2.1 billion from July to September, a strong financial performance as the company
QE2 Risks Dollar Plunge, New Speculative Bubble
The Federal Reserve is making a high-stakes bet in the hope of getting the economy steaming along again. Nobody is sure the Fed's best efforts
Dow Hits 2-Year High on $600 Bil. Stimulus Plan
The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion
Recent Stories
- Keiko Fujimori Declared Winner of Peru Presidential Race
- Mass Grief at Khamenei Funeral Suggests Hardline Grip Continues
- AI Turbocharged a Startup, Restructures the Economy
- US-EU Trade Hits Record High Despite Tariff Tensions, Study Shows
- Chinese Independent Refiners Snap up Discounted Mideast Oil as Supplies Rise
- US Oil Companies See Big Profit Jump, Faces Pressure to Cut Pump Prices
- Drug Gangs Use Social Media to Recruit Thai Air Crew as Couriers
- Ghonhee Lee's Katalyst Launches Orbital Rescue Mission for NASA Satellite
- Zuckerberg Says Meta AI Agent Tech Progressing Slower Than Expected
- Japan's Services Activity Returned to Growth in June