Honda China Plant Stopped by Worker Strike
Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.
Business
Asia, Europe Stocks Rise on Asian, U.S. Data
World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth
China's Stock Market Defies Robust Real Growth
Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.
Asian Stocks Fall on Europe Debt Fears
Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Singapore GDP Soars 15.5% in Q1
Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back
Japan's Economy Grows for 4th Straight Quarter
Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.
Target Profits Up 29% on Card Boost, Clothing Sales
Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Toyota Expert Calls for Akio Toyoda to Step Down
An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
World Markets Falls on Europe Debt Fears
World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
German Business Confidence Dips on Debt Crisis
German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets
Honda to Restart China Line After Parts Plant Strike
Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...
Toyota to Invest $50 Mil. in Tesla Electric Car Plant
The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars
Stocks Suffer Biggest Plunge in Over 1 Year
Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine
Dell Income Jumps 52% on PC Sales, Services
Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services
New Jobless Claims Jump Most in Three Months
The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.
Vanishing Inflation Helps Consumers, Borrowers
Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
Sears Income Falls on Bigger Appliance Discounts
Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
Honda China Plant Stopped by Worker Strike
Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.
Asia, Europe Stocks Rise on Asian, U.S. Data
World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth
China's Stock Market Defies Robust Real Growth
Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.
Asian Stocks Fall on Europe Debt Fears
Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Singapore GDP Soars 15.5% in Q1
Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back
Japan's Economy Grows for 4th Straight Quarter
Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.
Target Profits Up 29% on Card Boost, Clothing Sales
Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Toyota Expert Calls for Akio Toyoda to Step Down
An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
World Markets Falls on Europe Debt Fears
World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
German Business Confidence Dips on Debt Crisis
German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets
Honda to Restart China Line After Parts Plant Strike
Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...
Toyota to Invest $50 Mil. in Tesla Electric Car Plant
The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars
Stocks Suffer Biggest Plunge in Over 1 Year
Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine
Dell Income Jumps 52% on PC Sales, Services
Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services
New Jobless Claims Jump Most in Three Months
The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.
Vanishing Inflation Helps Consumers, Borrowers
Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
Sears Income Falls on Bigger Appliance Discounts
Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
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