Hard Times Strip Away Old Shopping Stigmas
The Goodwill store in this middle-class New York suburb is buzzing on a recent weekend afternoon. A steady flow of shoppers comb through racks filled
Business
German Exports Surged 22.5% in September
Germany's Federal Statistics Office says exports rose 22.5 percent in September compared the same month a year ago as the country continues
China Criticizes Fed's Bond Repurchase Plan
The U.S. Federal Reserve's move to pump hundreds of billions of dollars into the financial system will bring greater volatility to markets worldwide
Boeing 787 Test Flight Makes Emergency Landing
A Boeing 787 jetliner on a test flight over Texas made an emergency landing Tuesday after smoke was detected in the main cabin, the latest ...
New Grand Cherokee Boosts Chrysler Sales
Chrysler cut its losses in half between the second and third quarters as a new version of the Jeep Grand Cherokee notched strong sales. The ...
China Already World's Top Market for BMW 7 Series
China is already the top market for BMW's luxurious 7-series sedans, the company revealed. It also forecast that China will become its top all-around market
Korean Battery Picked for Chrysler Electric Car
SB LiMotive announced Sunday that it will supply the lithium-ion batteries that will power Chrysler's Fiat 500 EV electric car scheduled for 2012 debut.
Economy Recovers but New Spending Habits Linger
Layaway, once the province of the poor, has gone mainstream. At the Mall of America in Minnesota, shoppers dart in for just one or two ...
Pending Home Sales Drop in September
The number of people who signed contracts to buy homes fell in September after two months of gains, a possible fallout from foreclosure moratoriums
Private Employers Added 159,000 Workers in Oct.
The economy generated a net gain in jobs for the first time in five months in October, as businesses stepped up their painfully slow pace ...
Toyota Profits Quadruple to $1.2 Bil.
Toyota's second quarter profit more than quadrupled on a sales recovery despite lingering worries about the quality of its cars after massive recalls.
Bridgestone Returns to Profit on Tire Demand
Bridgestone Corp. said Friday its earnings are continuing to recover this year as demand for its tires improves, especially at home in Japan.
Shanghai Readies Deal for Next Disneyland
Just days after Shanghai wrapped up its role as host to the World Expo, China's commercial capital is setting its sights on another big tourism ...
Nissan Recalls 600,000 Cars for Steering, Battery Cable
Nissan Motor Co. is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems.
Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.
Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion
Oct Retail Sales Gain Most Since March
Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department
Retail Sales, Caterpillar Buy Drive Up Stock Prices
U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes
Food Industry Outpaces Rest of Economy
While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...
Newsweek Merges with Tina Brown's Daily Beast
Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...
Eurozone Growth Slows to 0.4%
Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...
Shanghai Stocks Plunge on China Rate Hike Fears
Chinese shares led world markets lower Friday amid mounting concerns Beijing will raise interest rates to cool its overheating economy.
Airbus Parent Returns to Profit
Airbus' parent company EADS NV reported a narrow third-quarter profit on Friday, rebounding from a loss a year earlier as the commercial plane-making
Toyoda, Musk Cement Ties Over Pimped-Out Tesla
The usually grim-faced Toyota President Akio Toyoda was all smiles Friday, trumpeting a newfound friendship with U.S. luxury electric carmaker Tesla.
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Cisco Shortfall Seen As Tech Sector Omen
A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery.
Phone Books Soon to Become Cultural Relics
What's black and white and read all over? Not the white pages, which is why regulators have begun granting telecommunications companies the go-ahead
Bollywood Takes Bigger Role in Hollywood
Hollywood and Bollywood have come together to create a Los Angeles-India Film Council to attract more Indian moviemakers to L.A.
Foreclosures Fall 9% on Procedural Hitch
The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most
Cisco Outlook Raises Fears of Slipping Competitiveness
Cisco Systems Inc. has given a disappointing sales forecast for the second quarter in a row, raising doubts about the network equipment maker's
Budget Deficit Hits $140.4 Bil. for October
The federal government began the new budget year with a deficit that fell 20 percent from a year ago but still the third highest October ...
Bullish Google Gives 10% Raise to Everyone
Google Inc. is showing it still knows how to make its employees feel special: It is giving all 23,300 of them 10 percent raises next ...
Jobless Claims Fall to Lowest Level in 4 Months
Fewer people applied for unemployment aid last week, the third drop in four weeks.
Nikkei, KOSPI Up As China Tightens Bank Lending
World markets mostly fell Wednesday after China's central bank announced it will raise the amount of cash that banks have to hold in reserve
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Dell Income Jumps 52% on PC Sales, Services
Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services
New Jobless Claims Jump Most in Three Months
The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.
Vanishing Inflation Helps Consumers, Borrowers
Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
Sears Income Falls on Bigger Appliance Discounts
Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.
Toyota Expert Calls for Akio Toyoda to Step Down
An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors
Singapore GDP Soars 15.5% in Q1
Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back
Japan's Economy Grows for 4th Straight Quarter
Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.
Target Profits Up 29% on Card Boost, Clothing Sales
Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Suffer Biggest Plunge in Over 1 Year
Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Hard Times Strip Away Old Shopping Stigmas
The Goodwill store in this middle-class New York suburb is buzzing on a recent weekend afternoon. A steady flow of shoppers comb through racks filled
German Exports Surged 22.5% in September
Germany's Federal Statistics Office says exports rose 22.5 percent in September compared the same month a year ago as the country continues
China Criticizes Fed's Bond Repurchase Plan
The U.S. Federal Reserve's move to pump hundreds of billions of dollars into the financial system will bring greater volatility to markets worldwide
Boeing 787 Test Flight Makes Emergency Landing
A Boeing 787 jetliner on a test flight over Texas made an emergency landing Tuesday after smoke was detected in the main cabin, the latest ...
New Grand Cherokee Boosts Chrysler Sales
Chrysler cut its losses in half between the second and third quarters as a new version of the Jeep Grand Cherokee notched strong sales. The ...
China Already World's Top Market for BMW 7 Series
China is already the top market for BMW's luxurious 7-series sedans, the company revealed. It also forecast that China will become its top all-around market
Korean Battery Picked for Chrysler Electric Car
SB LiMotive announced Sunday that it will supply the lithium-ion batteries that will power Chrysler's Fiat 500 EV electric car scheduled for 2012 debut.
Economy Recovers but New Spending Habits Linger
Layaway, once the province of the poor, has gone mainstream. At the Mall of America in Minnesota, shoppers dart in for just one or two ...
Pending Home Sales Drop in September
The number of people who signed contracts to buy homes fell in September after two months of gains, a possible fallout from foreclosure moratoriums
Private Employers Added 159,000 Workers in Oct.
The economy generated a net gain in jobs for the first time in five months in October, as businesses stepped up their painfully slow pace ...
Toyota Profits Quadruple to $1.2 Bil.
Toyota's second quarter profit more than quadrupled on a sales recovery despite lingering worries about the quality of its cars after massive recalls.
Bridgestone Returns to Profit on Tire Demand
Bridgestone Corp. said Friday its earnings are continuing to recover this year as demand for its tires improves, especially at home in Japan.
Shanghai Readies Deal for Next Disneyland
Just days after Shanghai wrapped up its role as host to the World Expo, China's commercial capital is setting its sights on another big tourism ...
Nissan Recalls 600,000 Cars for Steering, Battery Cable
Nissan Motor Co. is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems.
Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.
Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion
Oct Retail Sales Gain Most Since March
Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department
Retail Sales, Caterpillar Buy Drive Up Stock Prices
U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes
Food Industry Outpaces Rest of Economy
While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...
Newsweek Merges with Tina Brown's Daily Beast
Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...
Eurozone Growth Slows to 0.4%
Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...
Shanghai Stocks Plunge on China Rate Hike Fears
Chinese shares led world markets lower Friday amid mounting concerns Beijing will raise interest rates to cool its overheating economy.
Airbus Parent Returns to Profit
Airbus' parent company EADS NV reported a narrow third-quarter profit on Friday, rebounding from a loss a year earlier as the commercial plane-making
Toyoda, Musk Cement Ties Over Pimped-Out Tesla
The usually grim-faced Toyota President Akio Toyoda was all smiles Friday, trumpeting a newfound friendship with U.S. luxury electric carmaker Tesla.
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Cisco Shortfall Seen As Tech Sector Omen
A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery.
Phone Books Soon to Become Cultural Relics
What's black and white and read all over? Not the white pages, which is why regulators have begun granting telecommunications companies the go-ahead
Bollywood Takes Bigger Role in Hollywood
Hollywood and Bollywood have come together to create a Los Angeles-India Film Council to attract more Indian moviemakers to L.A.
Foreclosures Fall 9% on Procedural Hitch
The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most
Cisco Outlook Raises Fears of Slipping Competitiveness
Cisco Systems Inc. has given a disappointing sales forecast for the second quarter in a row, raising doubts about the network equipment maker's
Budget Deficit Hits $140.4 Bil. for October
The federal government began the new budget year with a deficit that fell 20 percent from a year ago but still the third highest October ...
Bullish Google Gives 10% Raise to Everyone
Google Inc. is showing it still knows how to make its employees feel special: It is giving all 23,300 of them 10 percent raises next ...
Jobless Claims Fall to Lowest Level in 4 Months
Fewer people applied for unemployment aid last week, the third drop in four weeks.
Nikkei, KOSPI Up As China Tightens Bank Lending
World markets mostly fell Wednesday after China's central bank announced it will raise the amount of cash that banks have to hold in reserve
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Dell Income Jumps 52% on PC Sales, Services
Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services
New Jobless Claims Jump Most in Three Months
The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.
Vanishing Inflation Helps Consumers, Borrowers
Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
Sears Income Falls on Bigger Appliance Discounts
Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.
Toyota Expert Calls for Akio Toyoda to Step Down
An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors
Singapore GDP Soars 15.5% in Q1
Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back
Japan's Economy Grows for 4th Straight Quarter
Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.
Target Profits Up 29% on Card Boost, Clothing Sales
Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Suffer Biggest Plunge in Over 1 Year
Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
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