Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
Business
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Home Prices Fell from February to March
Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired
Consumer Confidence Rises Again in May
Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.
Wal-Mart Slashes 3G iPhone Prices in Half
Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.
Asian Stocks Slide on Euro Pessimism
Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave
U.S. Drivers Still Showing Restraint at Gas Pump
Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists
Wall Street Hit by Late Slide in Financials
Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul
Toyota Halts U.S. Sale of Lexus LS Pending Fix
Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...
Yahoo Turns Over Mapping, Navigation to Nokia
Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
2.7 Mil. Log on for Halo Game Beta Test
Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
German Business Confidence Dips on Debt Crisis
German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets
World Markets Falls on Europe Debt Fears
World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.
Toyota to Invest $50 Mil. in Tesla Electric Car Plant
The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
Euro Drops Back After Bailout Bounce
The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated
Walgreens Postpones Sales of Genetic Tests
The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test
Sony Reports First Yearly Loss on Revenue Drop
Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.
Asian Stocks Rally on Positive Europe News
Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain
Cisco Profits Jump 63% on Revenue Rebound
Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence
SAP Buys Sybase to Bolster Fight Against Oracle
German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Stocks End Down on Sluggish Job-Growth Data
A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.
Microsoft Offers Free Office Apps Online
Microsoft Corp. is rolling out a new edition of its Office programs to businesses Wednesday, and for the first time it's adding versions of Word
Korea Keeps Rate at Record Low Despite 5.2% Growth
South Korea's central bank left its key interest rate at a record low Wednesday for a 15th straight month amid expectations the country's economy
SEC Still Can't Figure Out What Caused Plunge
The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure
Firefox 4 to Lose Menu Items to Gain Speed
A new version of the popular Firefox browser will come before the end of the year. Firefox 4 will pare down the browser's menus and ...
Toyota Profits Surge on Costcutting, Global Recovery
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales ...
Stocks Slide in Asia, Europe As Euro Relief Rally Fades
World stocks fell Tuesday as a relief rally triggered by a $1 trillion plan to contain Europe's debt crisis fizzled out.
Samsung Plans $20.6 Bil. New Tech Investments
Samsung said Tuesday it plans to invest 23.3 trillion won ($20.6 billion) over the next decade in technologies including solar cells and medical devices
Toyota Prius Tops Japan Sales for 12th Month
Toyota's Prius hybrid was Japan's top-selling car in April, clinching the No. 1 spot for the 12th straight month.
China Inflation at Worrisome 2.8% on Food Price Surge
China's inflation accelerated to 2.8 percent in April, driven by a jump in politically sensitive food prices, adding to pressure for Beijing to cool its ...
FDIC Shuts Down 4 Banks to Bring Year's Total to 72
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Home Prices Fell from February to March
Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired
Consumer Confidence Rises Again in May
Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.
Wal-Mart Slashes 3G iPhone Prices in Half
Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.
Asian Stocks Slide on Euro Pessimism
Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave
U.S. Drivers Still Showing Restraint at Gas Pump
Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists
Wall Street Hit by Late Slide in Financials
Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul
Toyota Halts U.S. Sale of Lexus LS Pending Fix
Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...
Yahoo Turns Over Mapping, Navigation to Nokia
Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
2.7 Mil. Log on for Halo Game Beta Test
Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
German Business Confidence Dips on Debt Crisis
German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets
World Markets Falls on Europe Debt Fears
World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.
Toyota to Invest $50 Mil. in Tesla Electric Car Plant
The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
Euro Drops Back After Bailout Bounce
The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated
Walgreens Postpones Sales of Genetic Tests
The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test
Sony Reports First Yearly Loss on Revenue Drop
Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.
Asian Stocks Rally on Positive Europe News
Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain
Cisco Profits Jump 63% on Revenue Rebound
Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence
SAP Buys Sybase to Bolster Fight Against Oracle
German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Stocks End Down on Sluggish Job-Growth Data
A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.
Microsoft Offers Free Office Apps Online
Microsoft Corp. is rolling out a new edition of its Office programs to businesses Wednesday, and for the first time it's adding versions of Word
Korea Keeps Rate at Record Low Despite 5.2% Growth
South Korea's central bank left its key interest rate at a record low Wednesday for a 15th straight month amid expectations the country's economy
SEC Still Can't Figure Out What Caused Plunge
The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure
Firefox 4 to Lose Menu Items to Gain Speed
A new version of the popular Firefox browser will come before the end of the year. Firefox 4 will pare down the browser's menus and ...
Toyota Profits Surge on Costcutting, Global Recovery
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales ...
Stocks Slide in Asia, Europe As Euro Relief Rally Fades
World stocks fell Tuesday as a relief rally triggered by a $1 trillion plan to contain Europe's debt crisis fizzled out.
Samsung Plans $20.6 Bil. New Tech Investments
Samsung said Tuesday it plans to invest 23.3 trillion won ($20.6 billion) over the next decade in technologies including solar cells and medical devices
Toyota Prius Tops Japan Sales for 12th Month
Toyota's Prius hybrid was Japan's top-selling car in April, clinching the No. 1 spot for the 12th straight month.
China Inflation at Worrisome 2.8% on Food Price Surge
China's inflation accelerated to 2.8 percent in April, driven by a jump in politically sensitive food prices, adding to pressure for Beijing to cool its ...
FDIC Shuts Down 4 Banks to Bring Year's Total to 72
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
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