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Samsung Plans $20.6 Bil. New Tech Investments

Samsung said Tuesday it plans to invest 23.3 trillion won ($20.6 billion) over the next decade in technologies including solar cells and medical devices

J.C. Penney Profits More Than Double

J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements

Mizuho Swings to $2.6 Bil. Profit As Japan Recovers

Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black

World Stocks Fall on Euro Debt, U.S. Jobless

World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow

Lawyers Vie to Lead Mass Suits Against Toyota

Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position

Google Says China Situation Stable for Now

Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out

Adobe Fires Back at Apple with Love Ad Campaign

Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...

Ford CEO Expects Solid Profits for 2010

Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.

World Stocks Fall Again As 3 Killed in Greek Strike

World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread

290,000 Jobs Added in April but Jobless Rate Rises

More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent

Retailers Encouraged by Solid Spring Shopping

Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.

GM Hires Former Hyundai Marketing Whiz

General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.

MGM Mirage Posts Loss on CityCenter Writedown

MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.

Cablevision Profits Triple on New Subscribers

Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend

Asia Stocks Slide, Europe Steadies

European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries

Zurich Financial Reports 76% Profit Jump

Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters

Indonesian Ancient Treasure Auction Sinks

A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed

German Parliament Approves Greek Bailout

The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance

BMW Earns $424 Mil. in Q1 on Strong Revenue Growth

German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars

Time Warner Asked to Stop Claiming Fiber Optics

An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.

Apple's Developer Policy Draws Antitrust Scrutiny

Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming

ADM Profits Surge on Biofuel Demand

Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year

Oil Slips on Rising Dollar, Inventories

Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies

GM Celebrate's Suburban's 75th Birthday

The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday

GM's 6.4% April Sales Growth Less Than Expected

General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...

U.S. Open to More Fines for Toyota

U.S. Transportation Secretary Ray LaHood said Monday that Washington wants to see results from Toyota's efforts to improve safety, and more fines would be imposed ...

Toyota Prius Tops Japan Sales for 12th Month

Toyota's Prius hybrid was Japan's top-selling car in April, clinching the No. 1 spot for the 12th straight month.

China Inflation at Worrisome 2.8% on Food Price Surge

China's inflation accelerated to 2.8 percent in April, driven by a jump in politically sensitive food prices, adding to pressure for Beijing to cool its ...

Dish May Have to Shut Down 7.3 Mil. DVRs

Dish Network Corp. reported a 26 percent drop in first-quarter net income as the satellite TV company stepped up promotions to reel in customers.

Sprint Joins Verizon in Jilting Google's Nexus One

Sprint Nextel has had a change of heart and scrapped its plans to back Google's Nexus One mobile phone.

Car Czar Thinks Taxpayers Can Get $40 Bil. from GM

The U.S. government could get back $40 billion of its $50 billion investment in General Motors Co., and the difference will have been well spent

Chrysler Moving Swiftly toward Profitability, IPO

Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.

Stocks Surge on Euro Defense Efforts

Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal

New Short-Range Wi-Fi to Be 10 Times Faster

The industry group that supports Wi-Fi is adopting a new technology that should boost data speeds more than 10 times at short distances

Costco Income Rises on Overseas Strength

Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent

European Flights Nearly Back to Normal As Ash Clears

Flights across Europe were operating normally Monday after a plume of volcanic ash that disrupted air traffic and forced some airports to close

EU Sets Up $1 Tril. Package to Defend Euro

The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday

Fed Ships Dollars to Europe to Help Contain Crisis

The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...

No Cyber Attack Behind Thurs Selloff Says White House

The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos

Nokia Files New Patent Claim Against Apple iPad

Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.

Spain Barely Emerges from Recession

Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.

Panasonic Cuts Losses As Global Sales Recover

Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery