Surprise Drop in Jobless Rate Spurs Optimism
A surprising drop in the unemployment rate and far fewer job losses last month cheered investors Friday and raised hopes for a sustained economic recovery.
Business
GM Enters India As Junior Partner to China's SAIC
General Motors Co. and its main Chinese partner announced a venture Friday to sell vehicles in India, uniting in the two fastest-growing car markets
Taiwan Gov't to Subsidize World-Leading e-Book Industry
The Taiwan government says it will spend 2 billion New Taiwan dollars ($65 million) to support its electronic-book industry and help makers cash in
Sony Signs Deal to Record World Cup in 3-D
The 2010 World Cup is going 3-D. Sony Corp. said Friday it has signed a deal with FIFA, the international football governing body, to record ...
American Eagle Traffic Jumped 11.7% in November
American Eagle, which does regional flying for American Airlines, flew fuller planes in November as traffic jumped 11.7 percent, outstripping an 6.8 percent
United Airlines Traffic Rose 1.8% in November
United Airlines said Thursday that its traffic rose 1.8 percent in November. That plus a smaller fleet added up to planes that were 80.2 percent ...
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
Content Takes Center Stage in New Media Landscape
Comcast Corp. is buying control of NBC Universal from GE largely because Comcast wants to own more movies and TV shows.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
Sovereign Debt Fears Drag Down World Markets
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
FedEx Raises Earnings on Int'l Shipments Growth
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
Google to Offer Tweets, Blogs with Search Results
Fresh information from blogs, news sites, Twitter and other popular hangouts will appear in Google's search results more quickly as the company aims to give ...
Emerging Markets to Dominate Global Economy
The world economy will start growing again in 2010 but emerging markets will accelerate at a much faster rate than the U.S and Europe
Asian Markets Recover As Dubai Fears Ease
Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail
GE to Buy Vivendi's Stake in NBC for Comcast Deal
General Electric Co. has reached an agreement to buy the 20 percent stake in NBC Universal held by French media conglomerate Vivendi SA
Continental Shifts to Cashless Cabin Purchases
Continental Airlines Inc. said Monday that credit and debit cards will be accepted for purchases onboard most of its aircraft starting Tuesday.
Oct. Global Chip Sales Down on Year, Up on Month
Worldwide semiconductor sales fell 3.5 percent in October from a year ago, but rose from September as manufacturers ramped up production for the holiday season.
Newspapers Consider Alternatives to Google
There's an intriguing idea floating around the media: Microsoft Corp. wants to undercut Google so badly in Internet search that it might pay newspapers
National Parks Seek Cut of Science Profits
A soon-to-be-implemented policy for scientists who are permitted to conduct research in national parks will give the National Park Service a share
Sands China Tumbles 13% After IPO
Las Vegas Sands Corp.'s Macau operation tumbled more than 13 percent in its first day of Hong Kong trade Monday, after raising $2.5 billion in ...
Sharp Gains Edge with Fully Automated LCD Plant
Huge sheets of glass are guided by robotic arms, sliding and turning in a towering germ-free plant, the world's first making giant "10th generation" panels
Japan Central Bank Boosts Money Supply
Japan's central bank decided Tuesday to further ease monetary policy by massaging the economy with cheap loans amid government pressure to respond
Road Out of Recession May Be Long, With Surprises
The road from recession to recovery is rarely smooth, straight or short. It comes with detours, forks and even dead ends. And sometimes surprises.
Hawaii, California, Vegas Vie for Chinese Travelers
Hawaii, California and Las Vegas are among American tourist destinations vying fiercely for a vast and largely untapped new market segment.
Black Friday Spending Edges Up, Online Soars
Shoppers who endured long lines and sometimes-frigid temperatures spent only slightly more during their Black Friday shopping sprees
iPhone Arrives in Korea to Rockabilly, Lines
Tech-savvy South Koreans began getting their coveted iPhones on Saturday amid fanfare and expectations the communication and entertainment device
Horse Industry Monitors Dubai Crisis
The debt crisis in Dubai was being closely monitored Friday by buyers and sellers of high-end racehorses, but there was no immediate indication Dubai's ruler ...
Sina Sells Shares to Chao's V.I. Holding Company
Sina Corp., an operator of Chinese language Web sites, said Friday it has completed the sale of 5.6 million shares for $180 million to a ...
iPhone Rings Up Impressive Orders Ahead of Korea Launch
The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up
Asian Stocks Fall on Dubai Fears, Low Dollar
Asian stock markets tumbled Friday, with Hong Kong and South Korea down nearly 5 percent, as fears mounted over the fallout from Dubai's massive debt
Hyundai Unveils Sleeker, More Efficient Sonata
Hyundai Motor Co.'s sales gain in the U.S. should get another boost early next year with the introduction of an all-new midsize Sonata.
New York City's Fiscal Prospects Surprisingly Bright
New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...
Service Sector, Retail Sales Data Suggest Bumpy Recovery
Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports that service sector activity and retail sales unexpectedly
Comcast Faces Antitrust Hurdles to Complete NBC Deal
Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC
American Offers $1.1 to Woo Japan Airlines
American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier
Peugeot Citroen in Talks to Acquire Mitsubishi
French carmaker PSA Peugeot Citroen said Thursday it is in talks with Mitsubishi Motors Corp. that could lead to a "strategic partnership."
World Markets Buoyed by BOA TARP Repayment Plan
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion
BOA to Repay TARP $45 Bil. Within Days
Bank of America Corp. said Wednesday it plans to repay its $45 billion in government bailout funds in the next few days
Fed Assessment Buoys Stocks
The stock market struggled but held its ground Wednesday as an upbeat assessment of the economy from the Federal Reserve offset drops
Surprise Drop in Jobless Rate Spurs Optimism
A surprising drop in the unemployment rate and far fewer job losses last month cheered investors Friday and raised hopes for a sustained economic recovery.
GM Enters India As Junior Partner to China's SAIC
General Motors Co. and its main Chinese partner announced a venture Friday to sell vehicles in India, uniting in the two fastest-growing car markets
Taiwan Gov't to Subsidize World-Leading e-Book Industry
The Taiwan government says it will spend 2 billion New Taiwan dollars ($65 million) to support its electronic-book industry and help makers cash in
Sony Signs Deal to Record World Cup in 3-D
The 2010 World Cup is going 3-D. Sony Corp. said Friday it has signed a deal with FIFA, the international football governing body, to record ...
American Eagle Traffic Jumped 11.7% in November
American Eagle, which does regional flying for American Airlines, flew fuller planes in November as traffic jumped 11.7 percent, outstripping an 6.8 percent
United Airlines Traffic Rose 1.8% in November
United Airlines said Thursday that its traffic rose 1.8 percent in November. That plus a smaller fleet added up to planes that were 80.2 percent ...
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
Content Takes Center Stage in New Media Landscape
Comcast Corp. is buying control of NBC Universal from GE largely because Comcast wants to own more movies and TV shows.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
Sovereign Debt Fears Drag Down World Markets
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
FedEx Raises Earnings on Int'l Shipments Growth
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
Google to Offer Tweets, Blogs with Search Results
Fresh information from blogs, news sites, Twitter and other popular hangouts will appear in Google's search results more quickly as the company aims to give ...
Emerging Markets to Dominate Global Economy
The world economy will start growing again in 2010 but emerging markets will accelerate at a much faster rate than the U.S and Europe
Asian Markets Recover As Dubai Fears Ease
Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail
GE to Buy Vivendi's Stake in NBC for Comcast Deal
General Electric Co. has reached an agreement to buy the 20 percent stake in NBC Universal held by French media conglomerate Vivendi SA
Continental Shifts to Cashless Cabin Purchases
Continental Airlines Inc. said Monday that credit and debit cards will be accepted for purchases onboard most of its aircraft starting Tuesday.
Oct. Global Chip Sales Down on Year, Up on Month
Worldwide semiconductor sales fell 3.5 percent in October from a year ago, but rose from September as manufacturers ramped up production for the holiday season.
Newspapers Consider Alternatives to Google
There's an intriguing idea floating around the media: Microsoft Corp. wants to undercut Google so badly in Internet search that it might pay newspapers
National Parks Seek Cut of Science Profits
A soon-to-be-implemented policy for scientists who are permitted to conduct research in national parks will give the National Park Service a share
Sands China Tumbles 13% After IPO
Las Vegas Sands Corp.'s Macau operation tumbled more than 13 percent in its first day of Hong Kong trade Monday, after raising $2.5 billion in ...
Sharp Gains Edge with Fully Automated LCD Plant
Huge sheets of glass are guided by robotic arms, sliding and turning in a towering germ-free plant, the world's first making giant "10th generation" panels
Japan Central Bank Boosts Money Supply
Japan's central bank decided Tuesday to further ease monetary policy by massaging the economy with cheap loans amid government pressure to respond
Road Out of Recession May Be Long, With Surprises
The road from recession to recovery is rarely smooth, straight or short. It comes with detours, forks and even dead ends. And sometimes surprises.
Hawaii, California, Vegas Vie for Chinese Travelers
Hawaii, California and Las Vegas are among American tourist destinations vying fiercely for a vast and largely untapped new market segment.
Black Friday Spending Edges Up, Online Soars
Shoppers who endured long lines and sometimes-frigid temperatures spent only slightly more during their Black Friday shopping sprees
iPhone Arrives in Korea to Rockabilly, Lines
Tech-savvy South Koreans began getting their coveted iPhones on Saturday amid fanfare and expectations the communication and entertainment device
Horse Industry Monitors Dubai Crisis
The debt crisis in Dubai was being closely monitored Friday by buyers and sellers of high-end racehorses, but there was no immediate indication Dubai's ruler ...
Sina Sells Shares to Chao's V.I. Holding Company
Sina Corp., an operator of Chinese language Web sites, said Friday it has completed the sale of 5.6 million shares for $180 million to a ...
iPhone Rings Up Impressive Orders Ahead of Korea Launch
The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up
Asian Stocks Fall on Dubai Fears, Low Dollar
Asian stock markets tumbled Friday, with Hong Kong and South Korea down nearly 5 percent, as fears mounted over the fallout from Dubai's massive debt
Hyundai Unveils Sleeker, More Efficient Sonata
Hyundai Motor Co.'s sales gain in the U.S. should get another boost early next year with the introduction of an all-new midsize Sonata.
New York City's Fiscal Prospects Surprisingly Bright
New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...
Service Sector, Retail Sales Data Suggest Bumpy Recovery
Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports that service sector activity and retail sales unexpectedly
Comcast Faces Antitrust Hurdles to Complete NBC Deal
Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC
American Offers $1.1 to Woo Japan Airlines
American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier
Peugeot Citroen in Talks to Acquire Mitsubishi
French carmaker PSA Peugeot Citroen said Thursday it is in talks with Mitsubishi Motors Corp. that could lead to a "strategic partnership."
World Markets Buoyed by BOA TARP Repayment Plan
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion
BOA to Repay TARP $45 Bil. Within Days
Bank of America Corp. said Wednesday it plans to repay its $45 billion in government bailout funds in the next few days
Fed Assessment Buoys Stocks
The stock market struggled but held its ground Wednesday as an upbeat assessment of the economy from the Federal Reserve offset drops
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