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Diesel Shortage Disrupts China Economy

Aggravated Chinese truck drivers parked for hours to buy rationed diesel Monday as shortages blamed on a government conservation campaign

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

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

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

Windows Smart Phones Released by AT&T, T-Mobile

Smart phones running Microsoft's new software are now available for AT&T Inc. and T-Mobile USA customers.

Amazon to Pay Publishers 70% on Kindle Sales

Amazon.com Inc. said Monday it will start paying publishers more when they sell magazines and newspapers on its Kindle electronic reader.

Economic Stress at Lowest Level in 16 Months

The nation's economic stress fell in September to a 16-month low, thanks to more hiring in New England, fewer foreclosures in the mid-Atlantic

Chevron to Buy Atlas Energy for $4.3 Bil.

Chevron will buy natural producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday.

Cellphone Use Explodes in Vietnam

Vietnam will import $1 billion worth of mobile phones in 2010, estimates the Ministry of Industry and Trade. Mobile phones will become such a high

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

GM Shares Surge As Trading Opens

General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy

Dell Profits Double As Businesses Upgrade

Personal computer maker Dell Inc. said Thursday that its net income for the latest quarter more than doubled as companies spent more to replace

Leading Economic Indicators Rise Fastest Since May

A gauge of future economic activity grew in October after a summer lull, suggesting the U.S. economy will slowly start strengthening early next year.

Cable Co. Cox Enters Cell Phone Business

Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday

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 ...

Stocks Slip on Worries Over China Tightening

Stock markets fell Friday after China took further steps to rein in lending and amid worries that a financial rescue package for Ireland is proving ...

Ukraine Rebounds Sharply on Global Steel Demand

Last year, the Ukrainian economy nearly collapsed in the global financial crisis as steel plants stopped production and construction cranes froze.

Push-Up Bra Sales Suggest Strong Holiday Season

Attention armchair economists: You don't need spreadsheets to get a handle on how this year's holiday shopping season is going. Just keep an eye

Ireland Swallows Bitter Pill of EU-IMF Bailout

Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan to stem the flight of capital from its banks, joining Greece in a step unthinkable

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

L.A. Seeks to Revive Sales at Coroner's Gift Shop

The morgue is about the last place you would think of to go shopping, so it's perhaps unsurprising that sales at Los Angeles County's coroner ...

Engines Just Latest Setback for Airbus Superjumbo

Many wondered whether the world's largest passenger plane would ever be born. Skeptics called the 7-story-tall Airbus A380 too big and ambitious

Business Survey Sees 2.7% Growth for 2011

The pace of the U.S. economic recovery will remain steady but slow in the face of persistently high unemployment and heavy debt burdens

Verizon Ups Top Download Speed to 150 MPS

Verizon Communications Inc. is zooming past cable-company competitors by tripling the top download speed of its FiOS Internet service to 150

Qantas Returns Two Superjumbos to Service

Qantas said Tuesday it will resume flying some of its A380 superjumbos this weekend, ending a self-imposed flight ban after a massive in-flight engine

Economy Grew Faster in Summer Than Thought

The economy probably grew slightly faster last summer than first thought, benefiting from stronger overseas sales of U.S. goods.

HP's Fortunes Seen As Bellwether of Tech Sector

Hewlett-Packard Co.'s results showed Monday how lopsided the recovery in technology spending has been. HP's results are a barometer

World Stocks Fall on Debt Fears, Korean Flareup

World markets and the euro slid Tuesday as investors worried that Ireland's debt crisis will spread to other fiscally weak European nations and following

GM Sends Treasury $11.7 Bil. from IPO

The Treasury Department says it has received $11.7 billion from the sale of 358.5 million shares of General Motors stock.

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

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

Gas Prices Rise As Holidays Approach

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

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 ...

China Buys Foreign Firms at Record Pace

A growing hunger for consumer brands and industrial technology drove China's outbound M&As to record high levels

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

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

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