Fed Keeps Interest at Record Lows on High Jobless Rate

The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery

Toyota Engineers Head to New York Prius Crash

Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid

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 ...

Japan Exports Jumped 45% in February

Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.

U.S. Blocking Free Trade Talks Says Dutch Minister

The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks

Broadband Plan Puts U.S. in Global Slow Lane Say Experts

The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn

Nintendo to Launch 3-D Handheld Console

Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.

China's Geely to Close Volvo Purchase by Month's End

Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month

Google Stays in China, Redirects Searches to Hong Kong

Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations

Tiffany Q4 Profits Quadruple on Global Sales Growth

Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.

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

China Manufacturing Growth Highest Since April 2004

China's manufacturing accelerated in March as the dampening impact of winter weather and a long holiday the previous month eased and both exports

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

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.

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

Infosys Profits Up 8.7%

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

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.

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

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

China Q1 Growth Surged to 12% but Inflation Low

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

GM Says Chevy Volt Electric on Target for Dec Launch

Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised

Budget Deficit Falls to $65.4 Bil. for March

The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion

Microsoft Kin Phones to Take on iPhone, Blackberry

Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize

Hawaiian Tops in Service Among 18 Busiest Carriers

Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.

GM China Sales Surge Past Sales in U.S.

General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year — four ...

China Suffers First Trade Deficit in Six Years

China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.

Stocks Slide As Feds File Fraud Suit Against Goldman

Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs

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

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

11 China Cities Average $20,000 Real Per Capita GDP

The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis