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PGA to Take Big Hit on TV Contracts in Tiger's Absence

The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming

Citigroup Repays $20 Bil. TARP Loan

Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence

AltAir Sells Jet Fuel Derived from Camelina Plant Seeds

A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.

Caterpillar Forms Joint Venture with China Yuchai

Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company

Beijing Auto to Buy SAAB Drivetrain Technology

Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General

Google Testing New Mobile Device on Employees

Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into

Monsanto Used Patents to Tighten Grip Over GM Crops

onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies

U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups

An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.

Volkswagen Begins Production of First India Car

Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing

Strong Retail Data Drives Up Stocks, Boosts Dollar

Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.

City Center Opens in Las Vegas with Big Bash

Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...

Whole Foods Founder Wants to Go Back to Healthy Roots

The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.

GM to Shut Down Saab After Spyker Talks Fail

General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...

Wyoming Plant to Turn Coal into Gasoline

Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.

Hyatt to Operate 5 New Hotels in India

Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...

Asian Stocks Drop on Slow Recovery Signs

Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks

RIM Sees Profits Surge on Record Blackberry Sales

BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income

Calif Space Tourism Firm Inks S. Korea Launch Deal

A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group

Leading Indicators Point to Gradual Recovery

A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly

Japanese Carmakers Boost Production, Sales

Honda Motor Co. set record production in Asia and China in October for the second straight month, leading a gradual and spotty recovery at Japanese ...

Treasury Backs Out of Plan to Sell Citi Stake

In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...

Ssangyong SUV Revival Plan OKd by Korean Court

A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday

Russia's Richest Man Closer to Owning Nets

A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.

Craigslist Surprised by eBay Attitude on Classifieds Venture

Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online

BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson

Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.

Dodge City Casino Bets on Wild West Romance

Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...

American Offers Exclusivity to Keep JAL from Delta

American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.

Disney Theme Park Approved for Shanghai

China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co. said Wednesday, a major step toward setting a ...

Cisco Forecasts 1st Revenue Growth in Year

Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. ...

Toyota Announces Surprise Profits, Ups Forecast

Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery

China Partners with Statoil in Gulf Licenses

Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore ...

Windows 7 Sales Fantastic in Japan Says Ballmer

Sales of Microsoft Corp.'s new Windows 7 operating system have been "fantastic" in Japan since its launch last month, CEO Steve Ballmer said Thursday.

PayPal May Soon Overshadow Parent eBay

Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will ...

GM Decision to Keep Opel Arouses Indignation

Workers at automaker Opel planned walkouts to protest General Motor Co.'s decision not to sell the European subsidiary, while Germany's government vowed Wednesday to recover ...

Nissan Returns to Profit on China Sales Growth

Struggling Japanese automaker Nissan Motor Co. said Wednesday it climbed back into the black in the latest quarter and predicted a smaller yearly loss

iPhone Has Disappointing China Debut

Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company ...

Panasonic Opens Bid to Take Over Sanyo

Panasonic Corp. said Thursday it has started its bid to take over smaller rival Sanyo Electric Co. for an estimated 402 billion yen ($4.4 billion), ...

Walmart.com Challenges Amazon in Book Price War

It was a weird day in the book price wars. The cost of John Grisham's "Ford County," officially released Tuesday, moved up and down like ...

Sales Data Show Auto Industry Stabilizing

After months of roller-coaster results, the U.S. auto industry showed signs of stability in October.

Buffett Buys Burlington Northern for $34 Bil.

Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the ...

Ford Sales Rose 3% in October on Strong Demand

Strong demand for cars and crossovers lifted Ford's U.S. sales 3 percent in October, a positive sign for automakers who are hoping a healthier economy ...

Comcast to Launch E! News Asia in Hong Kong

One of America's best-known entertainment news shows is launching an Asian edition. Los Angeles-based E! Entertainment Television will launch a weekly half-hour edition

Ford to Raise $3.3 Bil. Through Stocks, Debt

Ford Motor Co. said Monday it will ask its lenders for extra time to repay at least some of the $10.1 billion borrowed under a ...

China Movie Studio to Seek Listing on NYSE

A third leading Chinese movie studio is aiming for a listing — this time on the New York Stock Exchange — as the country's entertainment ...

Asian Stocks Fall on Doubts About U.S. Recovery

Asian stock markets were mostly lower Tuesday despite improvement in U.S. manufacturing as doubts lingered about the durability of a rebound in the world's largest ...

Unemployed Suffer More Now Than in 1982

It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

Asia Stocks Rise on Wall Street Surge

Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this ...

Cisco Systems Borrows $5 Bil.to Fuel Buying Binge

Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total ...

Sprint to Cut Up to 2,500 Jobs

Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.

Google to Buy Ad Mob for $750 Mil.

Google Inc. is stepping up its push to sell advertising on cell phones, announcing a deal Monday to buy a mobile ad network, AdMob, for ...