Comcast Deal Lets GE Unwind Stake in NBC Universal
A proposed deal to acquire media giant NBC Universal would give current owner General Electric Co. the ability to unwind its stake over several years, ...
Business
Asian Stocks Rise on Solid Growth Data
Most Asian stock markets advanced Tuesday, with Japanese and Hong Kong benchmarks gaining 1 percent or more, amid signs of economic improvement in Asia and ...
China Hainan Airlines to Begin Service to Hawaii
China's Hainan Airlines has received approval to begin service from Beijing to Hawaii. The U.S. Department of Transportation approved the flights, which initially will be ...
China Tycoon Floats $8 Bil.-Plan for U.S. Green Cars
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ...
Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Vonage Apps Allow Free Foreign Calls for iPhone, BB
Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...
Mazda to Raise $1.1 Bil. for R&D
Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...
Consumer Spending Now Driven by Amazing Bargains
There has never been a better time to be a consumer. America is on sale. The Great Recession has caused massive job losses and hardship ...
Las Vegas CityCenter Slashes Condo Prices
Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed ...
Manhattan Apartment Sales Soared in Q3
Blink. What housing downturn? Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, ...
Japan Consumer Spending Rose 2.6% in August
Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...
Toyota Warns Against Wrong-Size Floor Mats
Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's ...
IBM Undercuts Google with Corporate Email Service
IBM Corp. is trying to stymie Google Inc.'s expansion into the business software market. The weapon: a bare-bones e-mail service that IBM is selling to ...
Comcast Mulls Controlling Stake in NBC Universal
Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation's largest cable TV provider into one of ...
Consumer Spending Jumped in August
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years ...
New Jobless Claims Show Surprising Rise
First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And ...
GM Kills Off Saturn
For those who expected General Motors' once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed ...
Gold Hits New Record High on Falling Dollar
Gold prices surged to a new high Tuesday as investors sought a safe harbor from a falling dollar and inflation. Gold for December delivery rose ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
Consumer Stinginess Shows Up in Corporate Profits
People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek ...
Ciena to Buy Nortel Assets for $521 Mil.
Ciena Corp. says it has agreed to by the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business for roughly $521 ...
Costco Beats Street Despite Profit Slip
Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results ...
Burger King Upgrades to Hip New Look
Burger King Corp. plans to swap its generic fast-food feel and bland tiles and tabletops for a vibe that's more sit-down than drive-through. As part ...
Online Subs Put WSJ Ahead of USA Today
The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...
Next Boom Likely to Be Powered by Cleantech
Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the Internet — the kind of breakthrough that ...
Stocks Rise, Dollar Sinks on Aussie Interest-Rate Hike
The dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from ...
Samsung to Report Record Profits for Q3
Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer ...
Bailed Out Dairy Industry Must Restructure: Ag Sect'y
The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week ...
3-D TVs Shown at Japan Electronics Show
Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...
Toyota Previews All-Electric, Green Sports Car
Besides showing off its well-known hybrids, Toyota will take a slightly different tack at the upcoming Tokyo Motor Show to display a green sportscar with ...
FTC Regulates Online Reviews, Blogs, Testimonials
The Federal Trade Commission on Monday took steps to make product information and online reviews more accurate for consumers, regulating blogging for the first time ...
Qi Lu Announces Microsoft Search Deal with Twitter
Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...
Netflix Q3 Earnings Surge 48% on Subscriber Boom
Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...
Feds Unveil Plans to Limit Top Executive Pay at Banks
The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...
Hulu May Start Charging for Video Access
Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...
India's Reva to Build Electric Cars in New York
An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...
Asia Stocks Fall on Wells, China Stimulus Cut Fears
World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...
Hyundai Posts Treble in Q3 to New Record
Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...
China Growth Revs Up to 8.9% in Q3
China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...
Chain Restaurants Compete to Lure Elusive Diners
Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...
Hynix Reports First Quarterly Profit in Two Years
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...
Motorola Cliq May Impress Some As "Sick"
Imagine how you'd feel if you peaked in middle school. That's pretty much what happened to cell phone maker Motorola Inc., which had a megahit ...
Comcast to Debut Shows Online for Subscribers
You'll be able to watch popular cable television series such as HBO's "Entourage" and AMC's "Mad Men" on your computer by the end of the ...
Comcast Deal Lets GE Unwind Stake in NBC Universal
A proposed deal to acquire media giant NBC Universal would give current owner General Electric Co. the ability to unwind its stake over several years, ...
Asian Stocks Rise on Solid Growth Data
Most Asian stock markets advanced Tuesday, with Japanese and Hong Kong benchmarks gaining 1 percent or more, amid signs of economic improvement in Asia and ...
China Hainan Airlines to Begin Service to Hawaii
China's Hainan Airlines has received approval to begin service from Beijing to Hawaii. The U.S. Department of Transportation approved the flights, which initially will be ...
China Tycoon Floats $8 Bil.-Plan for U.S. Green Cars
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ...
Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Vonage Apps Allow Free Foreign Calls for iPhone, BB
Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...
Mazda to Raise $1.1 Bil. for R&D
Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...
Consumer Spending Now Driven by Amazing Bargains
There has never been a better time to be a consumer. America is on sale. The Great Recession has caused massive job losses and hardship ...
Las Vegas CityCenter Slashes Condo Prices
Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed ...
Manhattan Apartment Sales Soared in Q3
Blink. What housing downturn? Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, ...
Japan Consumer Spending Rose 2.6% in August
Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...
Toyota Warns Against Wrong-Size Floor Mats
Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's ...
IBM Undercuts Google with Corporate Email Service
IBM Corp. is trying to stymie Google Inc.'s expansion into the business software market. The weapon: a bare-bones e-mail service that IBM is selling to ...
Comcast Mulls Controlling Stake in NBC Universal
Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation's largest cable TV provider into one of ...
Consumer Spending Jumped in August
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years ...
New Jobless Claims Show Surprising Rise
First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And ...
GM Kills Off Saturn
For those who expected General Motors' once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed ...
Gold Hits New Record High on Falling Dollar
Gold prices surged to a new high Tuesday as investors sought a safe harbor from a falling dollar and inflation. Gold for December delivery rose ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
Consumer Stinginess Shows Up in Corporate Profits
People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek ...
Ciena to Buy Nortel Assets for $521 Mil.
Ciena Corp. says it has agreed to by the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business for roughly $521 ...
Costco Beats Street Despite Profit Slip
Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results ...
Burger King Upgrades to Hip New Look
Burger King Corp. plans to swap its generic fast-food feel and bland tiles and tabletops for a vibe that's more sit-down than drive-through. As part ...
Online Subs Put WSJ Ahead of USA Today
The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...
Next Boom Likely to Be Powered by Cleantech
Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the Internet — the kind of breakthrough that ...
Stocks Rise, Dollar Sinks on Aussie Interest-Rate Hike
The dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from ...
Samsung to Report Record Profits for Q3
Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer ...
Bailed Out Dairy Industry Must Restructure: Ag Sect'y
The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week ...
3-D TVs Shown at Japan Electronics Show
Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...
Toyota Previews All-Electric, Green Sports Car
Besides showing off its well-known hybrids, Toyota will take a slightly different tack at the upcoming Tokyo Motor Show to display a green sportscar with ...
FTC Regulates Online Reviews, Blogs, Testimonials
The Federal Trade Commission on Monday took steps to make product information and online reviews more accurate for consumers, regulating blogging for the first time ...
Qi Lu Announces Microsoft Search Deal with Twitter
Microsoft Corp. has picked up a new weapon in its Internet search duel with Google — full access to Twitter's communications hotbed. The partnership announced ...
Netflix Q3 Earnings Surge 48% on Subscriber Boom
Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...
Feds Unveil Plans to Limit Top Executive Pay at Banks
The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...
Hulu May Start Charging for Video Access
Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...
India's Reva to Build Electric Cars in New York
An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...
Asia Stocks Fall on Wells, China Stimulus Cut Fears
World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...
Hyundai Posts Treble in Q3 to New Record
Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...
China Growth Revs Up to 8.9% in Q3
China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...
Chain Restaurants Compete to Lure Elusive Diners
Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough ...
Hynix Reports First Quarterly Profit in Two Years
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...
Motorola Cliq May Impress Some As "Sick"
Imagine how you'd feel if you peaked in middle school. That's pretty much what happened to cell phone maker Motorola Inc., which had a megahit ...
Comcast to Debut Shows Online for Subscribers
You'll be able to watch popular cable television series such as HBO's "Entourage" and AMC's "Mad Men" on your computer by the end of the ...
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