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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 ...

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

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. ...

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

GM Pays Down Govt Debt Ahead of Stock Sale

General Motors Co. moved to strengthen its finances ahead of an initial public stock sale, announcing plans on Thursday to cut debt and pension

Microsoft Beats Views on Rising Business Spending

A swell of spending by businesses on new computers, software and servers helped push Microsoft Corp.'s earnings for the most recent quarter

Daimler Profits Surge Amid Boom in China, U.S. Sales

Car maker Daimler AG's third-quarter net earnings surged as strong sales in China and the U.S. helped push revenue 30 percent higher

Nissan Recalls 2.1 Mil. Cars for Ignition Glitch

Nissan is recalling 2.14 million vehicles worldwide including the popular March and Mycra subcompacts for an ignition problem that may stall the engine

Japan Central Bank Issues Gloomy Growth Forecast

Japan's central bank cut its economic growth forecasts Thursday and kept interest rates near zero, as the export-reliant nation confronts a strong yen

Sharp Rebounds to Profit, Cuts Forecast

A strong yen forced Japan's Sharp Corp. to cut its earnings forecast even as first-half profit rebounded on improved sales of home appliances

Nintendo Sinks into Red for 1st Half

Nintendo sank into the red for the fiscal first half, battered by a rising yen that hurts exports and plunging sales as demand for its ...

Hyundai Profits Match Record on Sales Growth

Hyundai Motor's net profit rose 38 percent in the third quarter on higher sales as growth in emerging markets like China and India helped the ...

Hynix Profits Quadruple to Record on Chip Demand

Hynix Semiconductor, the world's second-largest manufacturer of computer memory chips, said third-quarter net profit more than quadrupled

Wells Fargo Admits Errors in 55,000 Foreclosures

Wells Fargo admitted Wednesday it made mistakes in the paperwork for thousands of foreclosure cases and promised to fix them.

Yahoo Hires News Corp Exec to Boost Ad Sales

ahoo Inc. is turning to a former Internet sharpshooter at News Corp.'s media empire to fill a big hole on its management team.

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

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 ...

GM Leads IPO Pitch with China Growth

General Motors has the potential to make huge pretax profits once global auto sales fully recover, the company's chief financial officer said Thursday

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

Judge Rejects Dismissal of Toyota Acceleration Claims

A federal judge in California will consider a motion by Toyota Motor Corp. to dismiss lawsuits that claim there are sudden acceleration defects in its ...

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

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

U.S. Auto Sales Jump on Returning Confidence

U.S. auto sales rose in October as buyers grew more confident in the economy and new models drew them into dealerships.

Galaxy Tablet Release Fuels Samsung-Apple Rivalry

Samsung Electronics has timed the unveiling of its Galaxy Tab tablet PC in Korea for Thursday to coincide with the debut of Apple's MacBook Air ...

Economists See Silver Lining in Impending Gridlock

The Republicans' sweeping gains in Tuesday's elections hardly guarantee they can enact their own prescriptions for the ailing economy.

Clothing Sales Surprisingly Strong in October

After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.

World Bank Raises China Growth Outlook

China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce

Asia Stocks Rise As GOP Piles Up House Seats

Asian stocks were mostly higher Wednesday as markets digested news that Republicans gained control of the House in midterm U.S. elections

Ford, GM Valuations Rely Increasingly on Global Sales

If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's ...

14.4% of U.S. Homes Vacant As Ownership Falls

The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.

Oracle to Pay $1 Bil. for E-Commerce Software Firm

Business software maker Oracle said Tuesday it has agreed to acquire e-commerce software maker Art Technology Group Inc. for $1 billion in cash.

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.

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