Wendy's Pulls Out of Japan After 30 Years

Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.

Declining Job Losses Steady Wavering Stock Market

Stocks traded in a tight range Wednesday after a private report showed job cuts slowed last month, but not as much as expected.

GE Returns to Indusrial Roots with $30 Bil. NBC Spinoff

For General Electric Co., the NBC entertainment division was always an odd fit.

Daimler Moves Some C-Class Production to Alabama

GM Chief Resigns Amid Pressure for Faster Change

The leader of the new General Motors was done in by an old problem at the nation's largest car maker: Change wasn't happening fast enough.

Ford Bets Big on Tiny Fiesta

Ford Motor Co.'s big U.S. gamble on small cars begins Wednesday when it formally unveils American versions of the new Fiesta subcompact

Steady Growth Shows Economy on Recovery Track

The economic recovery seems on track for slow but steady gains, after reports Tuesday showed growth in manufacturing activity, construction spending

U.S. Manufacturing Grew on Overseas Demand

U.S. manufacturing activity likely continued to grow in November as demand from overseas ramps up

Amkor Raises Q4 Outlook on Surprising Chip Demand

Amkor Technology Inc. raised its fourth-quarter revenue outlook Monday, citing higher-than-anticipated demand from customers.

Jump in U.S. Home Resales Boosts Asia, Europe

Asian and European stock markets were higher Wednesday after a jump in U.S. housing sales suggested the world's biggest economy is picking up speed.

Louisiana Rice Hopes to Replace Thai Jasmine in U.S.

The U.S. rice industry is making way for the Jazzman. It's a new variety of aromatic rice developed at Louisiana State University and being sold ...

A-Power Wins Biomass Power Plant Contract in Thailand

A-Power Energy Generation Systems Ltd. said Tuesday that it has signed a deal worth $86 million with Thailand's Biomass Electricity Co. Ltd. to develop a ...

Microsoft Ordered to Change Word Software Code

A federal appeals court ordered Microsoft Corp. to pay a Canadian software company $290 million for violating a patent, upholding the decision of a lower ...

Home Sales Rose Again in November

Home resales are expected to have risen to their highest level in nearly three years in November, as an extraordinary level of federal support has ...

Economic Growth Accelerates in 4th Quarter

The economy started the year in free-fall but is on track to end 2009 on stronger footing.

Carmakers Can't Meet China's Exploding Demand

Minivan salesman Zhu Yi has a problem that most auto dealers elsewhere would happily swap for their own — he doesn't have enough vehicles

Second Boeing 787 Set for Tuesday Test flight

Boeing says its second 787 will take to the skies on Tuesday. The company has scheduled a test flight for the second jetliner at 8:45 ...

China Plan for Rare Earth Reserve Worries Tech Sector

China will create a reserve for rare earths next year to prevent waste of the exotic metals used in computers and clean-energy products

Ray Young Replaced As GM CFO by Microsoft CFO

General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now ...

Gasoline Prices Flatten Below $2.60

The world's biggest oil producers seem content with the price of oil and consumers may be just as satisfied, at least for now, with the ...

China's 8% GDP Target for 2010 Seen As Conservative

China's government is targeting 8 percent growth next year as the global economy recovers, the country's industry minister said Monday.

Sands Delays Singapore Casino Opening to April

Las Vegas Sands Chairman Sheldon Adelson said the opening of the company's $5.5 billion Singapore casino and resort has been delayed again

Japan Encouraged by Smaller Export Decline

Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession

Wall Street Awaits Visit from Santa Claus Rally

Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally ...

Natural Gas May Power Global Warming Fight

An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming:

Made-for-Web Shows Start Seeing Off-Line Profits

Web sites that buy original video clips often pay so little that "The Bannen Way," a flashy crime thriller debuting online, looked destined to be ...

Oil Prices Pass $77 on Surprise Inventory Drop

Oil prices hit a three-week high above $77 a barrel Thursday before surrendering most of its gains as a larger than expected drop in U.S. ...

High Unemployment Likely to Continue Well into Recovery

Call it the Terrible Teens. The decade ahead could be a brutal one for America's unemployed — and for people with jobs hoping for pay ...

Shoppers Return Strong for Post-Christmas Spree

Shoppers returned to malls Saturday, rummaging through thinly stocked shelves hunting for deals, next year's Christmas gifts and, for most, gifts for themselves.

Senate Health Care Plan May Hurt Insurers Initially

Health insurers get some big presents in the Senate's health overhaul bill — about 20 million new customers and no competition from a new government ...

Loan Modification Program Turns Blind Eye to Lying

The government shouldn't reward liars. But that's the effect of changes to the Obama administration's failing program to help homeowners modify their mortgages.

Google Looks to Dominate Mobile Ads with AdMob

Four years ago, Omar Hamoui was just another ineffectual entrepreneur trying to spruce up his resume in graduate school.

Senate Raises Debt Ceiling to $12.4 Tril.

The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit

Treasury Removes Cap for Fannie, Freddie Aid

The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.

Durable Goods, Jobs Data Drive Up Stocks

Stocks rose Thursday after positive reports on unemployment and durable goods orders showed the economy is continuing to recover.

Hyundai Launches China Truck Venture

Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...

New GM CFO to Get $750,000 Plus Stocks

The new chief financial officer at General Motors Co. will receive a salary of $750,000 next year, but he'll get up to another $5.45 million

Citigroup Sheds Pay Caps After $20 Bil. TARP Payback

Citigroup Inc. on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions

Blackberry Slammed by 2nd Outage in Week

When Corey Marshall's Blackberry mysteriously stopped sending and receiving messages, he realized all too clearly just how much he depends on the device:

China Firm Gets Control of Hawaii Solar Panel Supplier

A Chinese company is now the majority owner of a Hawaii-based supplier of silicon for solar panels.

New Home Sales Plunged 11% in November

Sales of new homes plunged unexpectedly last month to the lowest level since April, a sign the housing market recovery will be rocky

Samsung to Pay Kodak for Patent Infringement

Eastman Kodak says electronics maker Samsung Electronics has agreed to pay the photography company an undisclosed sum to settle a patent dispute

Ford to Complete Volvo Sale to Geely in Q1

Ford Motor Co. said Wednesday it is close to selling its loss-making Volvo unit to China's Geely and expects a final deal in the first ...

Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets

Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout

Boeing 787 Completes Long-Delayed Test Flight

Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components

China Surpasses U.S. As World Center of IPOs

China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy

Wells Fargo, Citigroup Repay TARP Loans

The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.

Airlines Projected to Lose $5.6 Bil. in 2010

The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger

Samsung Shakeup Elevates Founder's Grandson

Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology

Accenture First to Cut Tiger Sponsorship

For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.