China Revises 2009 Growth Upward to 9.1%
China's economy grew even faster in 2009 than previously reported, adding to concern the flood of stimulus spending and loans that drove its
Business
GM Sales in China Overtake U.S. on Surging Demand
General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.
Toshiba to Enter Electric Car Battery Market
Japanese electronics maker Toshiba Corp. said Friday it's jumping into the battery business for electric vehicles in a development deal with Mitsubishi
Video Game Retail Sales Fall on Lower Console Prices
Video game retail sales slipped once again in May, hurt by lower prices of gaming consoles.
Peugeot Citroen Has Record Half Year on China Demand
Strong demand for new cars in China helped French auto maker PSA Peugeot Citroen SA report Wednesday a record number of unit sales
IMF Boosts Global Growth Forecast Despite Risks
The global economy is recovering faster than expected but Europe's debt crisis might stall the rebound and governments need to shore up shaky
German Imports Outsurged Strong Exports in May
German exports rose by a healthy 9.2 percent on the month in May as an improving global economy stoked demand, while imports surged
Japan Machinery Orders Fell 9.1% in May
Japan's machinery orders, a closely watched indicator of future business investment, dropped more than expected in May, signaling that a recovery
YouTube Tries to Emulate Boob Tube
YouTube is trying to become as brainless and painless to watch as the boob tube. In the process, the Web's leading video site hopes to ...
Massive ABC IPO Reflects China Cash Squeeze
Agricultural Bank of China's $22 billion initial public offering is making headlines as potentially the world's biggest. It also underlining the cash squeeze
Asian Stocks Down Despite Wall Street Gains
Asian markets retreated Wednesday, with investors losing their appetite for stocks after a disappointing U.S. services sector report pointed to an anemic
Job Losses Has Peaked in Rich Nations Says OECD
Unemployment in rich countries may have peaked — but there are still 17 million more people out of work than at the start of the ...
Toyota Adds Quality Time to Car Development Timeline
Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of ...
Google to Debut Street View in Germany Despite Attacks
Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced
First-Class Stamps to Cost $0.46 in 2011
Buy those Forever stamps now. The cost of mailing a letter is going up again. Fighting to survive a deepening financial crisis, the Postal Service
China Agricultural Bank IPO Sets World Record $19.2 Bil.
The Agricultural Bank of China's initial public offering has raised more than $19 billion in what could turn out to be the largest IPO ever.
Dow Ends 7-Day Slide with Modest Gain
The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
Service Sector Data Shows Slightly Slower Growth
The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery
Gas Prices Continue Slide After July 4th Weekend
Drivers are finding lower gas pump prices now that the July 4th weekend is over and prices are likely to keep sliding.
Economic Stress Continues Easing in Most U.S. Counties
Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures
World Markets Rise on Bargain Hunting
World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street
Samsung Tablets to Be Sold by Top U.S. Wireless Carriers
Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
Playstation Move Gets Gamers Off Couch
Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.
Asian Stocks Rise on Hope of More Fed Action
Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally
3-D Grabs Center Stage at Tokyo Game Show
The Tokyo Game Show has a lot of people wearing dark glasses this year, with the buzz turning 3-D at the annual event that brings ...
Improving Jobs Data Shrugged Off by Wall Street
A September rally driven by economic reports regularly beating modest expectations appears to be on hold Thursday even after a weekly report
U.S. Trade Deficit Surges on Strong Car, PC Demand
Americans' stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second
Global Markets Dip Ahead of U.S Jobs Report
World markets mostly fell Thursday ahead of another set of U.S. jobs data and news that British retail sales fell in August for the first ...
Banks Let Foreclosed Stay Amid Saturated Market
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.
Sony Update Plays 3-D Movies on Playstation
Sony's PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software ...
China Rejects U.S. Union Complaint over Clean Energy Support
China rejected a U.S. union's trade complaint over Beijing's support for clean energy industries and said Wednesday such criticism is hypocritical
Microsoft's Sleek IE 9 to Load Pages Faster
Microsoft Corp. is unveiling the "beta" test version of Internet Explorer 9 on Wednesday, the first of a new generation of Web browser programs
MetroPCS Leads 4G Wireless Rollout in U.S.
MetroPCS Communications Inc., a regional cell phone company that mainly caters to low-income customers, on Tuesday became the first U.S. carrier
Philly Becomes Biggest U.S. City with Casino
Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.
Michael Dell Flashes 7-Inch Android Tablet
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.
Adobe Profits Soar but Cautious on Outlook
Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue
Yuan Hits New High As Dollar Weakens
The yuan hit a new high of 6.6997 against the U.S. dollar on Tuesday, the highest level since June 19 when China pledged to make ...
CarMax Posts Higher Profits on Strong Used-Car Sales
Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales
Asia Stocks Gain in Thin Holiday Trading
Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing
Twitter Hacker Causes Mischief with Feeds
A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem
Stocks Tilt Back Up After Fed Speaks
Stocks and bonds rose Tuesday after the Federal Reserve said it was ready to provide more help to the economy if necessary.
Mastercard Sees 20% Profit Rise on Overseas Use
MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest
Cessna Blames Economy for Cutting 700 Jobs
Cessna Aircraft announced Tuesday it will cut another 700 jobs, saying it has not seen the growth and recovery that it expected this year.
China Revises 2009 Growth Upward to 9.1%
China's economy grew even faster in 2009 than previously reported, adding to concern the flood of stimulus spending and loans that drove its
GM Sales in China Overtake U.S. on Surging Demand
General Motors Co. says its first-half sales of vehicles in China overtook the U.S. for the first time amid a fitful recovery in American demand.
Toshiba to Enter Electric Car Battery Market
Japanese electronics maker Toshiba Corp. said Friday it's jumping into the battery business for electric vehicles in a development deal with Mitsubishi
Video Game Retail Sales Fall on Lower Console Prices
Video game retail sales slipped once again in May, hurt by lower prices of gaming consoles.
Peugeot Citroen Has Record Half Year on China Demand
Strong demand for new cars in China helped French auto maker PSA Peugeot Citroen SA report Wednesday a record number of unit sales
IMF Boosts Global Growth Forecast Despite Risks
The global economy is recovering faster than expected but Europe's debt crisis might stall the rebound and governments need to shore up shaky
German Imports Outsurged Strong Exports in May
German exports rose by a healthy 9.2 percent on the month in May as an improving global economy stoked demand, while imports surged
Japan Machinery Orders Fell 9.1% in May
Japan's machinery orders, a closely watched indicator of future business investment, dropped more than expected in May, signaling that a recovery
YouTube Tries to Emulate Boob Tube
YouTube is trying to become as brainless and painless to watch as the boob tube. In the process, the Web's leading video site hopes to ...
Massive ABC IPO Reflects China Cash Squeeze
Agricultural Bank of China's $22 billion initial public offering is making headlines as potentially the world's biggest. It also underlining the cash squeeze
Asian Stocks Down Despite Wall Street Gains
Asian markets retreated Wednesday, with investors losing their appetite for stocks after a disappointing U.S. services sector report pointed to an anemic
Job Losses Has Peaked in Rich Nations Says OECD
Unemployment in rich countries may have peaked — but there are still 17 million more people out of work than at the start of the ...
Toyota Adds Quality Time to Car Development Timeline
Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of ...
Google to Debut Street View in Germany Despite Attacks
Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced
First-Class Stamps to Cost $0.46 in 2011
Buy those Forever stamps now. The cost of mailing a letter is going up again. Fighting to survive a deepening financial crisis, the Postal Service
China Agricultural Bank IPO Sets World Record $19.2 Bil.
The Agricultural Bank of China's initial public offering has raised more than $19 billion in what could turn out to be the largest IPO ever.
Dow Ends 7-Day Slide with Modest Gain
The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
Service Sector Data Shows Slightly Slower Growth
The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery
Gas Prices Continue Slide After July 4th Weekend
Drivers are finding lower gas pump prices now that the July 4th weekend is over and prices are likely to keep sliding.
Economic Stress Continues Easing in Most U.S. Counties
Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures
World Markets Rise on Bargain Hunting
World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street
Samsung Tablets to Be Sold by Top U.S. Wireless Carriers
Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
Playstation Move Gets Gamers Off Couch
Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.
Asian Stocks Rise on Hope of More Fed Action
Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally
3-D Grabs Center Stage at Tokyo Game Show
The Tokyo Game Show has a lot of people wearing dark glasses this year, with the buzz turning 3-D at the annual event that brings ...
Improving Jobs Data Shrugged Off by Wall Street
A September rally driven by economic reports regularly beating modest expectations appears to be on hold Thursday even after a weekly report
U.S. Trade Deficit Surges on Strong Car, PC Demand
Americans' stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second
Global Markets Dip Ahead of U.S Jobs Report
World markets mostly fell Thursday ahead of another set of U.S. jobs data and news that British retail sales fell in August for the first ...
Banks Let Foreclosed Stay Amid Saturated Market
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.
Sony Update Plays 3-D Movies on Playstation
Sony's PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software ...
China Rejects U.S. Union Complaint over Clean Energy Support
China rejected a U.S. union's trade complaint over Beijing's support for clean energy industries and said Wednesday such criticism is hypocritical
Microsoft's Sleek IE 9 to Load Pages Faster
Microsoft Corp. is unveiling the "beta" test version of Internet Explorer 9 on Wednesday, the first of a new generation of Web browser programs
MetroPCS Leads 4G Wireless Rollout in U.S.
MetroPCS Communications Inc., a regional cell phone company that mainly caters to low-income customers, on Tuesday became the first U.S. carrier
Philly Becomes Biggest U.S. City with Casino
Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.
Michael Dell Flashes 7-Inch Android Tablet
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.
Adobe Profits Soar but Cautious on Outlook
Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue
Yuan Hits New High As Dollar Weakens
The yuan hit a new high of 6.6997 against the U.S. dollar on Tuesday, the highest level since June 19 when China pledged to make ...
CarMax Posts Higher Profits on Strong Used-Car Sales
Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales
Asia Stocks Gain in Thin Holiday Trading
Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing
Twitter Hacker Causes Mischief with Feeds
A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem
Stocks Tilt Back Up After Fed Speaks
Stocks and bonds rose Tuesday after the Federal Reserve said it was ready to provide more help to the economy if necessary.
Mastercard Sees 20% Profit Rise on Overseas Use
MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest
Cessna Blames Economy for Cutting 700 Jobs
Cessna Aircraft announced Tuesday it will cut another 700 jobs, saying it has not seen the growth and recovery that it expected this year.
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