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Japan's Dainippon Buys Sepracor for $2.6 Bil.

Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...

Comfy Ski Boots Allow Easy Walking — at a Price

Skiing, fun. Walking in ski boots back to the lodge, not so much. In mid-September, a company in Boulder will start selling a ski boot ...

China to Buy $50 Bil. of First IMF Bond Issue

China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...

Geithner Says Stimulus Still Needed to Help Recovery

Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to ...

YouTube to Offer Movie Rentals

YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the ...

Amazon Exhorts Judge Chin to Block Google Book Deal

Online bookseller Amazon.com Inc. is warning a federal judge that Internet search leader Google Inc. will be able to gouge consumers and stifle competition if ...

Continuing Job Losses Dampen Recovery Hopes

Stock futures lost ground Wednesday after a private sector report on unemployment failed to ease investors' concerns about job losses. Futures had been little changed, ...

Productivity Rose Most in 6 Years

Worker productivity grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as ...

Sony Ships PCs with Google Chrome Browser Installed

Sony Corp. is giving Google Inc.'s fledgling Web browser a boost by installing it on new computers. Google spokesman Eitan Bencuya, confirming the deal Tuesday, ...

At 50 Motown Recalls Founder Berry Gordy

On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...

Small Businesses Becoming More Optimistic

Small business owners are joining consumers and investors in showing some cautious optimism about the economy. An index that measures owners' optimism rose last month, ...

China's Beijing Auto Joins in Saab Takeover Bid

China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General ...

Asia, Europe Stocks Drop on Export Fear of Weak Dollar

European and Asian stocks drifted lower Wednesday as a drop in the value of the dollar hit world exporters, pushing investors to cash in on ...

Fed Plan to Boost Int'l Visitors Includes $10 Fee

Lawmakers are working together at least one bipartisan venture before turning their full attention to health care. The Senate appears poised to pass a bill ...

Palm to Release Cheaper Lighter Version of Pre

Palm Inc., which revitalized its product line with the Pre smart phone launch in June, is hoping to keep momentum going with the release of ...

Taxpayers Likely to Lose Billions on Auto Bailout

Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a ...

Buyers Hold the Power in Home Sales

The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of ...

China Commissions World's Biggest Solar Power Plant

First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...

Manufacturers Lead Growth With Broad-Based Gains

Signaling that manufacturers are leading the economy into a recovery, output from the nation's factories, mines and utilities posted widespread gains in August. In a ...

Global Stocks Rise on M&A Activity, Recovery Signs

The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...

China Unveils 200-Seat Jet at Asia Air Show

China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...

U.S. Falls to 2nd in Economic Competitiveness

The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...

Japan's Current Account Surplus Fell 19.4%

Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the ...

Google China Reshuffles After Kai-Fu Lee Departure

The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding ...

Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid

Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...

World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve

World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...

China Ties Banker Pay to Risk, Rejects Caps

China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...

Xerox to Buy Affiliated Computer Svcs for $5.75 Bil.

Xerox has announced a deal to buy the business processing company Affiliated Computer Services for about $5.75 billion.

Airlines Add Baggage Fees to Europe, India, Canada

The big U.S. airlines are charging baggage fees on some international flights, generally coach tickets between Europe and the U.S. or Canada. What you should ...

China's Richest Communists Celebrate 60th Birthday

Public loudspeakers in the central square blare the village anthem hourly: "If you want to see a miracle, come to Huaxi." Not that any reminders ...

China Industrial Profits, Growth Improve in Q2

Profits at China's oil producers, steel makers and other major industrial companies fell 10.6 percent in the first eight months of 2009 from the same ...

Japan to Rescue, Restructure JAL

Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy. "We will not crush and liquidate (the ...

U.S. Banks Earned $5.2 Bil. Trading Derivatives in Q2

U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex ...

New Home Sales Rise but Below Expectations

New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery ...

China to Top Global Auto Sales in 2009

China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...

Fox Cable News Wins Big by Catering to Angry Wingnuts

Amplifying the nation's political division has been good business for Fox News Channel and MSNBC during this season of anger — but it may come ...

Ford Ramps Up China Expansion with 3rd Plant

Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...

Rim Outlook Weak on New Phone Delays

BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...

Stocks Fall After Home Sales Data Shows Drop

Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...

World Stocks Fall on Jitters Over Possible Stimulus Cuts

World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...

Japan Air Lines Seeks Bailout

The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...

Falling Exports Keep Japan Mired in Recession

Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...

Honda Introduces Tiny Personal Mobility Device

Honda's new "personal mobility" device looks like a unicycle, but all you need to do to zip around on it — sideways as well as ...

Baidu Founder Robin Li a Rock Star in Google Country

The billionaire founder of a popular search engine drew a big crowd Wednesday at Stanford University — and it wasn't one of the guys that ...

Warner to Return Music to YouTube Under New Deal

Warner Music Group Corp. has agreed to return songs and music videos from its artists to the YouTube video site, after a monthslong boycott over ...

Microsoft Video on Windows 7 Launch Parties Amuses

You almost have to feel bad for Microsoft. The software maker isn't known for hip marketing tactics, and now that a Windows 7 video has ...

TV Nets Weave More Ads into Series Plotlines

In television's latest quest to discourage viewers from skipping ads, actors from NBC and ABC shows are appearing in character in commercials to interact with ...

Prius Boosts Size, Gas Mileage for 2010

There's a little something extra for car buyers who have their hearts set on top fuel mileage in the Toyota Prius. But they'd better not ...

GM Ends Trial Selling Cars on eBay

General Motors Co. said Tuesday that it is concluding its partnership with eBay Inc. in which the automaker used the auction site to sell new ...

CIT May File Chapt. 11 If Lender Meeting Fails

CIT Group Inc.'s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage ...