World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
Business
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
Chinese Firms Tap Foreign Stars for Global Image
Kevin Garnett wore his affection for China's booming sportswear market on his back as the NBA star arrived in Beijing in August.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Sony Pursues 3-D TV Without Glasses
Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Google to Offer Free PC-to-Phone Calling
Google Inc. is adding a free e-mail feature that may persuade more people to cut the cords on their landline phones.
India Admits Chinese Telecom Gear on Tough Terms
India has relaxed an eight-month ban on imports of telecommunication equipment, approving orders from China's ZTE and Huawei and Finland's Nokia
Durable Goods Orders Rise Modestly
Orders to U.S. factories for big-ticket manufactured goods increased slightly in July, but businesses spent less as the economic recovery
German Business Confidence Hits 3-Year High
Germany's business confidence rose in August to its highest level in three years, according to a key survey Wednesday, suggesting Europe's biggest
Homebuilder Toll Brothers Returns to Profit
Toll Brothers Inc. said Wednesday that it posted a profit in its fiscal third quarter, as the luxury homebuilder snagged important tax benefits
Credit Card Debt at Lowest Level in 8 Years
The amount consumers owed on their credit cards in this year's second quarter dropped to the lowest level in more than eight years as cardholders
Japan Exports Fall for Fifth Straight Month
Japan's export growth slowed for the fifth straight month in July, the government said Wednesday, as the global economy loses momentum
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
German Court Rules Against YouTube in Copyright Case
A German court ruled Friday that Google Inc.'s subsidiary YouTube LLC must pay compensation after users uploaded several videos
Texas Probes Google for Search Ranking Procedure
Google Inc.'s methods for recommending websites are being reviewed by Texas' attorney general in an investigation spurred by complaints
Stocks Continue Rally on Upbeat Jobs Data
Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery
More Jobs Were Created This Summer Than Thought
Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend.
HP Outlasts Dell in Bidding War Over 3Par
Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc.
Chinese Firms Tap Foreign Stars for Global Image
Kevin Garnett wore his affection for China's booming sportswear market on his back as the NBA star arrived in Beijing in August.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Sony Pursues 3-D TV Without Glasses
Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Google to Offer Free PC-to-Phone Calling
Google Inc. is adding a free e-mail feature that may persuade more people to cut the cords on their landline phones.
India Admits Chinese Telecom Gear on Tough Terms
India has relaxed an eight-month ban on imports of telecommunication equipment, approving orders from China's ZTE and Huawei and Finland's Nokia
Durable Goods Orders Rise Modestly
Orders to U.S. factories for big-ticket manufactured goods increased slightly in July, but businesses spent less as the economic recovery
German Business Confidence Hits 3-Year High
Germany's business confidence rose in August to its highest level in three years, according to a key survey Wednesday, suggesting Europe's biggest
Homebuilder Toll Brothers Returns to Profit
Toll Brothers Inc. said Wednesday that it posted a profit in its fiscal third quarter, as the luxury homebuilder snagged important tax benefits
Credit Card Debt at Lowest Level in 8 Years
The amount consumers owed on their credit cards in this year's second quarter dropped to the lowest level in more than eight years as cardholders
Japan Exports Fall for Fifth Straight Month
Japan's export growth slowed for the fifth straight month in July, the government said Wednesday, as the global economy loses momentum
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
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