HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Business
Hulu Plus to Play on Roku, Tivo Set-Top Boxes
Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Coca-Cola to Invest $1 Bil. in Philippines
Coca-Cola Co. said Tuesday it will spend $1 billion in the Philippines over the next five years to expand its presence in the fast-growing market
Toys R Us to Hire 45,000 Workers, Plans Stock Sale
Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.
LG Chem Adds Mitsubishi Motors As Battery Client
Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
China Studio Buys Stake in Hollywood Production Firm
The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio
ADB Raises Asia Growth Forecast to 8.2%
The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned
Blackberry Maker Unveils Small Tablet for Business
The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...
Taiwan GDP Surged 12.5% on Electronics Demand
Taiwan's export-reliant economy surged 12.5 percent year-on-year in the second quarter on strong foreign demand for the island's electronics
Russia Opens Up Bidding on Chopper-Carrier Prototypes
Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders
Super-Oysters Promise Fatter, Cleaner Eating
Biologist John Supan thinks he has developed what may be the holy grail for oyster lovers: a hardy breed of the delectable shellfish
Oil Falls Below $75 on Fears of Slowing Recovery
Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch
E-Readers Battle Tablets for Digital Book Supremacy
The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger
U.S. Jobs Data Dampen World Markets
European stock markets traded lower Thursday after soft U.S. jobs data reined in hopes for gains on Wall Street. Japanese stocks were the best-performing
Intel to Buy McAfee for $7.68 Bil.
Chip maker Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share.
Germany Boosts 2010 Growth Forecast to 3%
Germany's economy is on course to grow by about 3 percent this year after a spectacular second-quarter growth spurt, the country's central bank
China Tries to Meet Booming Demand for Movies
China said it will expand its movie industry by making more films and building more theaters to meet growing demand.
Germany Considers Keeping Nuclear Plants Longer
Prominent German business figures are warning against what they call a too-quick shutdown of the country's nuclear plants, stepping up pressure
Lenovo Returns to Profit on Surging China PC Sales
Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Levis Tailors Global Brand Launch for Chinese
Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, joining a growing list of companies that hope to crack
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
HP Tops Dell Offer for Storage Innovator 3Par
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for ...
U.S. Stocks Join Global Retreat on Home Sales Dip
Stocks are closing lower after another disappointing report on housing renewed worries about the economy.
Dell Debuts Inexpensive Android-Based Smart Phone
Dell Inc. said Tuesday its Aero smart phone is now on sale in the U.S. for $99 with a two-year AT&T contract.
Plug-In Guru Charges Obama's Electric Car Push
David Sandalow starts his five-mile commute each day by unplugging an orange extension cord connecting his Toyota Prius hybrid to an outlet
Empire State Building Owner Fights Proposed Rival
Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers
Nikkei Leads World Markets Down
Japan's Nikkei index led world markets lower Tuesday as the yen's rise to a fresh 15-year high against the dollar and a nine-year best against ...
Top China Mortgage Bank Unfazed by Price Declines
Recent declines in real estate prices will have little impact on operations, said Pang Xiusheng, Chief Risk Officer of China Construction Bank.
Taiwanese CEO Barred from Leaving U.S. Pending LCD Probe
The chief executive of a leading Taiwanese LCD screen maker has been barred from leaving the U.S. during a U.S. Justice Department probe
AIG Repays $4 Bil. in Government Loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Retail Sales, Prices Rise on Growing Car Demand
A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Hulu Plus to Play on Roku, Tivo Set-Top Boxes
Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Coca-Cola to Invest $1 Bil. in Philippines
Coca-Cola Co. said Tuesday it will spend $1 billion in the Philippines over the next five years to expand its presence in the fast-growing market
Toys R Us to Hire 45,000 Workers, Plans Stock Sale
Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.
LG Chem Adds Mitsubishi Motors As Battery Client
Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
China Studio Buys Stake in Hollywood Production Firm
The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio
ADB Raises Asia Growth Forecast to 8.2%
The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned
Blackberry Maker Unveils Small Tablet for Business
The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...
Taiwan GDP Surged 12.5% on Electronics Demand
Taiwan's export-reliant economy surged 12.5 percent year-on-year in the second quarter on strong foreign demand for the island's electronics
Russia Opens Up Bidding on Chopper-Carrier Prototypes
Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders
Super-Oysters Promise Fatter, Cleaner Eating
Biologist John Supan thinks he has developed what may be the holy grail for oyster lovers: a hardy breed of the delectable shellfish
Oil Falls Below $75 on Fears of Slowing Recovery
Oil prices dropped below $75 a barrel Friday amid mounting concerns over the pace of the U.S. economic recovery, following another batch
E-Readers Battle Tablets for Digital Book Supremacy
The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger
U.S. Jobs Data Dampen World Markets
European stock markets traded lower Thursday after soft U.S. jobs data reined in hopes for gains on Wall Street. Japanese stocks were the best-performing
Intel to Buy McAfee for $7.68 Bil.
Chip maker Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion, or $48 per share.
Germany Boosts 2010 Growth Forecast to 3%
Germany's economy is on course to grow by about 3 percent this year after a spectacular second-quarter growth spurt, the country's central bank
China Tries to Meet Booming Demand for Movies
China said it will expand its movie industry by making more films and building more theaters to meet growing demand.
Germany Considers Keeping Nuclear Plants Longer
Prominent German business figures are warning against what they call a too-quick shutdown of the country's nuclear plants, stepping up pressure
Lenovo Returns to Profit on Surging China PC Sales
Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier
Asian Stocks Rise on Chip Demand Growth
Most Asian markets rose Thursday after a seesaw session on Wall Street, helped by gains in tech stocks after an industry report in Japan
GM Takes First Clear Step toward Fall IPO
General Motors Co. on Wednesday filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the ...
Levis Tailors Global Brand Launch for Chinese
Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, joining a growing list of companies that hope to crack
Samsung, LG to Boost Dominance in LCD Market
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Hyundai-Kia Outsells Toyota in Canada, China, Europe
Hyundai-Kia Automotive Group sold more cars in Canada in July than its Japanese rival Toyota for the third consecutive month, the Korea Automobile
China Seeks to Shrink Trade Surplus
Workers produce apparel factory in Huaibei, Anhui province . China's trade surplus could be trimmed as the nation is planning stimulus measures to boost imports. ...
Foreign Direct Investment in China Jumps 29% in July
Foreign direct investment (FDI) in China for July surged by 29% on year to $6.92 bil., said the Ministry of Commerce Tuesday.
HP Tops Dell Offer for Storage Innovator 3Par
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for ...
U.S. Stocks Join Global Retreat on Home Sales Dip
Stocks are closing lower after another disappointing report on housing renewed worries about the economy.
Dell Debuts Inexpensive Android-Based Smart Phone
Dell Inc. said Tuesday its Aero smart phone is now on sale in the U.S. for $99 with a two-year AT&T contract.
Plug-In Guru Charges Obama's Electric Car Push
David Sandalow starts his five-mile commute each day by unplugging an orange extension cord connecting his Toyota Prius hybrid to an outlet
Empire State Building Owner Fights Proposed Rival
Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers
Nikkei Leads World Markets Down
Japan's Nikkei index led world markets lower Tuesday as the yen's rise to a fresh 15-year high against the dollar and a nine-year best against ...
Top China Mortgage Bank Unfazed by Price Declines
Recent declines in real estate prices will have little impact on operations, said Pang Xiusheng, Chief Risk Officer of China Construction Bank.
Taiwanese CEO Barred from Leaving U.S. Pending LCD Probe
The chief executive of a leading Taiwanese LCD screen maker has been barred from leaving the U.S. during a U.S. Justice Department probe
AIG Repays $4 Bil. in Government Loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion
Deep Discounting Not Enough to Lure Customers
A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale.
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Retail Sales, Prices Rise on Growing Car Demand
A busy month for car dealerships lifted retail sales for the first time in three months while more expensive food and gas boosted
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
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