Improving Laptop, TV Sales Boost Best Buy

Better sales of notebook computers and flat-panel TVs helped Best Buy's fourth-quarter earnings rise 37 percent, the electronics retailer said Thursday.

China to Buy Brazil's Itaminas Iron Ore Mine

A state-run Chinese mining company said Thursday it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello.

Go Daddy Joins Exodus from China Business

Two U.S. companies that sell Internet addresses to Web sites said Wednesday they had stopped registering new domain names in China

Fiat to Cut 5,000 Jobs

Fiat will cut 5,000 jobs in Italy, slash the number of car models and increase production as part of its new strategic plan

Google Ties with China Partners Being Severed

A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...

Sweden's Electrolux Bids for Daewood Electronics

Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.

Big Aussie Energy Deal Signed As Rio Tinto Trial Ends

Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto

Asian Stocks Up on Data from U.S., Asia

Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.

Ford, GM March Sales Surge on Incentives War

An incentives war touched off by Toyota boosted sales at most major automakers last month.

U.S. Blocking Free Trade Talks Says Dutch Minister

The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks

Broadband Plan Puts U.S. in Global Slow Lane Say Experts

The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn

Nintendo to Launch 3-D Handheld Console

Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.

China's Geely to Close Volvo Purchase by Month's End

Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month

Google Stays in China, Redirects Searches to Hong Kong

Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations

Tiffany Q4 Profits Quadruple on Global Sales Growth

Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.

China Media Accuse Google of Breaking Promises

China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland

Honda Jumps Into Green Game with Electric Scooters

The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.

Wall Street Boosts Hiring of Investment Managers

Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...

World Markets Rise on Intel Earnings Report

World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.

Intel Q1 Profits Quadruple

Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology

Singapore GDP Jumped 32.1% in Q1

Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.

Toyota Pulls Lexus GX460 After Alarming Rollover Report

Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident

Feb. Trade Deficit Grows with Consumer Spending

The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...

Shanghai Tops Taiwanese Foreign Investments

Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore

Infosys Profits Up 8.7%

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent

Households Feel Income Squeeze Despite Low Inflation

The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak

Paramount Bundles Movies with Seagate Hard Drives

Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...

China Continues Oil Binge with Syncrude Buy

China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal

GM Says Chevy Volt Electric on Target for Dec Launch

Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised

Budget Deficit Falls to $65.4 Bil. for March

The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion

Microsoft Kin Phones to Take on iPhone, Blackberry

Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize

Hawaiian Tops in Service Among 18 Busiest Carriers

Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.

GM China Sales Surge Past Sales in U.S.

General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year — four ...

China Suffers First Trade Deficit in Six Years

China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.

Volkswagen China Sales Skyrocket 61%

Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded

Microsoft's China OEM Accused of Using Child Labor

Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers

Toyota Agrees to Record $16 Mil. U.S. Fine

Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal

China Banks to Refuse Loans for 3rd Homes

Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation

11 China Cities Average $20,000 Real Per Capita GDP

The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis

Toyota Recalls 600,000 Sienna Minivans

As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns

Stocks Slide As Feds File Fraud Suit Against Goldman

Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs

Q1 Venture Capital Investments Jump 38%

Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier

Asian Stocks Fall on Inflation, Interest Rate Fears

Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation

Dow Crosses 11,000 on Growth Signs

The stock market closed at a new 18-month high Friday, with the Dow Jones industrial average briefly touching 11,000 before retreating slightly.

Jobless Claims, Weak Industrial Output Cool Markets

Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...

China Trims U.S. Treasuries for 4th Straight Month

China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns

Germany to Grow 1.5% in 2010

The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market

Toyota Conducts Safety Tests on All SUV Models

Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned

Global PC Sales Surged 20% in Q1

Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago

China Q1 Growth Surged to 12% but Inflation Low