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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

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

Jobless Claims Fall to Lowest Level in 4 Months

Fewer people applied for unemployment aid last week, the third drop in four weeks.

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

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.

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

New Jobless Claims Jump After Declines

The number of people seeking jobless benefits jumped sharply last week, after two straight weeks of declines.

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.

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

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 ...

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.

Target Profits Surge on Food Sales, Credit Card

Target Corp. reported that its third-quarter earnings rose 22.6 percent in the third quarter, helped by improvements in its credit card business

Renault-Nissan to Sell 500,000 EVs a Year by 2013

Bullish on green cars, the chief executive of the Renault-Nissan automotive alliance said Monday they plan to produce and sell 500,000 electric

Credit Card Writedowns Decline Again in Oct.

The ability of credit card holders to pay off debt has shown sustained improvement this year and on Monday the top U.S. credit card issuers ...

S. Korea Raises Key Interest Rate Again

South Korea's central bank raised its key interest rate Tuesday for the second time in four months amid persistent concerns about inflation.

Facebook's New Messaging Puts Message Over Form

Facebook is betting that one day soon, we'll all be acting like high school students — more texting and instant-messaging, at the expense of e-mail.

Google Unveils Cell Phone with Payment System

Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually

Overseas Growth Lifts A&F to Fatter Profits

Preppy teen clothing seller Abercrombie & Fitch Co. said Tuesday that higher international revenue and improving results in the U.S. helped its third-quarter

Expanded GM IPO May Set New World Record

Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million ...

Stocks Fall on Anti-Inflation Measures in China, Korea

China's stock market plunged again Tuesday and prompted a retreat in European shares, as investors feared a slowdown in Asian growth and waited

U.S. Homebuilder Sentiment Improves in Nov.

U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat

Gas Prices Rise As Holidays Approach

With Thanksgiving just around the corner, the price of gasoline is marching toward the high of the year.

China Challenges Boeing, Airbus with First 6 Orders

Commercial Aircraft Corp of China (COMAC) opened its challenge to Boeing and Airbus with its first 100 orders for its C919 single-aisle commercial

Housing Construction Fell Sharply in October

Construction of new homes fell sharply in October, fresh evidence that the housing industry remains under duress. The Commerce Department says construction

Consumer Prices Show No Inflation Threat

Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.

Toyota to Sell in Plug-In Hybrid in U.S., Japan, Europe

Toyota is planning to sell a plug-in hybrid car in the U.S., Japan and Europe in 2012, targeting sales of 50,000 vehicles a year at ...

Airbus to Replace Up to 40 Superjumbo Engines

Up to half of the Airbus superjumbo engines of the type that disintegrated in flight on a Qantas plane may need to be replaced in ...

GM's Record IPO Ends Gov't's Majority Stake

General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion, ending the government's role as majority

Singapore Growth to Slow Sharply Next Year

Singapore's economic growth will slow sharply next year as U.S. and European demand for the island's exports weakens, the government said Thursday

Ford Cuts Stake in Mazda to 3.5%

Japanese automaker Mazda says Ford is reducing its stake to 11 percent to 3.5 percent, but their partnership will continue in developing and marketing

World Markets Rebound from String of Losses

World stock markets rose Thursday as investors grew increasingly confident that details of an Irish financial rescue package will emerge over the coming

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

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 ...

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 ...

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

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

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.

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

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.

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.

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.

Brandon Wey Creates Marketplace for First Dates

Brandon Wey offers men a way to get first dates with attractive women.

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.

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 ...

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 ...

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 ...

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

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

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

Data Storage Maker EMC Buys Isilon for $2.25 Bil.

The data storage company EMC says it has agreed to buy Isilon for $2.25 billion in cash. It is offering $33.85 per share