GM Effort to Sell Hummer to Chinese Firm Collapses

Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment

Bloom Stays Secretive on Day Promised for Fuel Cell Debut

Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts

Saks Loss Shrinks in Q4

Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced

Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins

Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size

European Markets Rise on Industrial Output Growth

European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession

China's BYD Triples Profits Ahead of U.S. Plug-In Launch

BYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan

Lawyer Rebuts Prius Acceleration Probe Results

The mystery surrounding a Toyota Prius whose driver reported a stuck accelerator deepened Sunday as the motorist's attorney dismissed a congressional memo

Feds Can't Replicate Runaway Prius Claim

Investigators with Toyota Motor Corp. and the federal government could not replicate the runaway speeding reported by a Prius owner who said his car's accelerator

China Takes $3.1 Bil. Stake in Argentine Energy Firm

Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine

China's New Generation Choosy About Factory Jobs

Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers

China to Bid on Building U.S. High-Speed Train Lines

China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America

Oil Demand Growth in 2010 to Be Led by China

World oil demand will rise this year due to surging economic activity in Asian countries, especially China, the International Energy Agency

Surprise Retail Sales Growth Offset by Inventory Data

Stocks are rising in early trading after retail sales unexpectedly rose in February, raising hopes that the economy may be gaining momentum.

Facebook Opens Operations Office in India

Social networking site Facebook is opening an operations office in India, its first in Asia, to help manage rapid growth in the number of users.

China Regulator Threatens Consequences for Google

China's top Internet regulator insisted Friday that Google must obey its laws or "pay the consequences," giving no sign of a possible compromise

Haier Sells GE Appliances in Rural China

Chinese appliance maker Haier says it has joined with General Electric in selling GE appliances to rural areas, the focus of subsidies intended to boost ...

Lenovo to Refocus Business on Mobile Internet Devices

Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing ...

U.S. Video Game Sales Fell 15% in February

U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower ...

Export Growth Seen As Bright Spot for U.S. Economy

U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot

U.S. Household Wealth Up for 3rd Straight Quarter

Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios.

China Inflation Fears Subdue Stock Markets

The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...

Bank of Korea Keeps Interest Rates at Historic Lows

South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns

Fed Keeps Interest at Record Lows on High Jobless Rate

The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery

Viacom Gets Court to Unseal YouTube Litigation Secrets

A legal tussle pitting media conglomerate Viacom Inc. against online video leader YouTube is about to get dirtier as a federal judge prepares to release ...

GM Has Shot at 2010 Profit Says New CFO

Japan Central Bank Pushes Lending to Fight Deflation

Japan's central bank is escalating the fight against deflation by offering more cheap loans to banks.

World Bank Boosts China Growth Forecast to 9.5%

The World Bank raised its China growth forecast this year to 9.5 percent from 9 percent on Wednesday but said Beijing needs to cool inflation

China Partners Press Google for Word on Future

Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation

Woods Return to Golf Boosts Loyal Sponsors

Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure

Microsoft's Bing Gains Search Share from Google, Yahoo

Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.

iPads May Help Boost Magazine Circulations

Magazine publishers may have a new way to boost flagging circulation: the iPad.

Trade Deficit Shrank on Falling Oil, Auto Imports

The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential ...

Toyota Engineers Head to New York Prius Crash

Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid

Google's Likely Pullout Would Change China Tech Landscape

China without Google — a prospect that looks increasingly likely — could mean no more maps on mobile phones. A free music service that has ...

Toyota to See Solid Profits Despite High Costs of Recalls

A massive global recall, mounting legal bills and a battered reputation add up to a very expensive problem for Toyota.

Twitter Still Blocked but Working on Mandarin Signup

Twitter is working on a way to allow Chinese users to sign up to the social networking site in their own language, a co-founder of ...

Toyota Dismisses March 8 Prius Acceleration Story

Toyota Motor Corp. dismissed the story of a man who claimed his Prius sped out of control on the California freeway, saying Monday that its ...

Continental to Start Charging for Food

Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors

World Stocks Dip on Finance Reform Bill Anxiety

World stock markets fell Monday as investors fretted about the status of banking reform in the U.S. and awaited confirmation of a rescue package

Minority Cos. Not Getting Fair Share of Stimulus Bucks

Hispanic and black businesses are receiving a disproportionately small number of federal stimulus contracts, creating a rising chorus of demands

Sony to Begin Selling 3-D TVs in June

Sony Corp. said Tuesday it will start selling 3-D televisions in June, joining a competitive industrywide push to convince consumers to embrace

China Resists Reading Politics into U.S. Debt Holdings

An official in charge of China's foreign reserves tried to ease American concern Tuesday about the political impact of its huge holdings of U.S. government ...

TV Fee Disputes Produce Station Blackouts on Cable

Stay tuned for more fee disputes threatening local television stations on cable TV lineups.

Roche Suspends Arthritis Drug Study After Deaths

Swiss pharmaceutical company Roche Group said Monday it has suspended a late-stage trial for a new rheumatoid arthritis and lupus drug

McDonald's Sales Jumped 4.8% on Overseas Growth

McDonald's Corp. said Monday that sales at restaurants open at least a year climbed 4.8 percent in February on strong overseas growth

Toyoda Meets Hatoyama, Vows to Restore Trust

Toyota Motor Corp. President Akio Toyoda met with Japan's prime minister Monday and promised to restore trust in the automaker's cars

World Stocks Up on U.S. Jobs Data, Recovery Hopes

World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.

Employer-Consumer Standoff Makes for Slow Recovery

To understand why jobs are so scarce, consider John McFarland and Nicole Rosen. The two share something in common: They're reluctant to spend freely.

Daimler Sells Off Stake in India's Tata Motors

German automaker Daimler AG says it has sold all of its shares in India's Tata Motors to various groups of investors through the capital markets.

China Faces New Pressures to Let Yuan Rise

China faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the value of the yuan to ease ...