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Business

Airbus, Boeing Kick Off Show with Big Orders

Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow

China, Japan Cut U.S. Treasury Holdings in May

China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.

Jobs Has Imperfect Response for iPhone Glitch

A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception

GE Profits Rise but Revenues Slip 4%

Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday

Stocks Rise in Europe As Asia Slips on U.S. Concerns

European stock markets rose Friday, helped by a late rally on Wall Street overnight, while the euro headed towards $1.30 for the first time

Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO

Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai

Toyota Posts $2.2 Bil. Profit As Global Sales Recover

Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales

Retailers Report Mostly Modest Gains in July

Deep discounts on summer leftovers and hot weather drove shoppers into malls in July, but they remained choosy, resulting in only modest gains.

New Jobless Claims Rise to 479,000

Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies

Euro Continues Rising on Greek Progress

The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable

Unilever Predicts Tough Times, Reports Q2 Growth

Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...

Rio Tinto Profits Treble on China Iron Ore Demand

Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices

Toyota Prius Tops Japan Sales for 15th Straight Month

Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese

Private Sector Hiring, Service Growth Boost Stocks

Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy

Time Warner Profits Rise on Ad Rebound, Box Office

A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate

AOL Posts $1 Bil. Loss of Writedowns, Lower Sales

Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.

Asia Mixed, Europe Falls on U.S. Recovery Data

World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead

Cable, Satellite TV Thrives on Robust Demand

Consumers are feeling more confident about spending on small luxuries such as premium cable services and pay-per-view, propelling the earnings

Torch Will Help Blackberry Preserve Status Quo

BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough

RIM in Talks with India Over Access to Blackberry Emails

BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government

Most Carmakers Post Higher U.S. Sales for July

Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns

Toyota Shifts Focus to Emerging Markets

Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...

Coach Profits Jump As China Stores Open

A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag

GM China July Sales Rise 22%, Ford Falls

General Motors' China revenues grew 22% in July on the strength of Chevy sales. Rival Ford Motor Co's local sales fell 6.3%.

Asia Stocks Continue Rising, Europe Slips

European stock markets mostly fell Tuesday after big gains in the previous session while the euro spiked to a fresh three-month high

BMW Pofits Surge to $1.1 Bil. as China Sales Double

Second-quarter earnings at luxury car maker BMW AG surged to euro834 million ($1.1 billion) as better selling prices and robust demand in China

Kenny Huang Bids for Control of Liverpool

Chinese businessman Kenny Huang has offered to buy Liverpool's $374 million debt from a British bank in an attempt to end Tom Hicks' and George ...

Chrysler Posts First Operating Profit Since 2007

A year after emerging from bankruptcy protection, Chrysler Group LLC said Monday that growing car and truck sales helped it narrow

World Stocks Fall on Anxiety Over Growth Prospects

World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch

Chipmaker Shares Suffer from Fears of PC Slowdown

Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks

Netflix to Pay $1 Bil. to Stream Paramount, MGM Films

Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM

Google to Debut Street View in Germany Despite Attacks

Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced

China Exports Surge 38.1%, Imports Up 22.9%

China's exports grew strongly in July but import growth fell as its rapid economic expansion cooled, possibly hurting global demand.

Verizon, Google Outline Broadband Rules for ISPs

Phone and cable TV companies that provide Internet access should be barred from slowing down, blocking or charging to prioritize Internet traffic

Honda Recalls 400,000 Cars for Ignition Switch Glitch

Honda Motor Co. is recalling the popular Accord and Civic passenger cars to address problems with an ignition switch that could allow the key

China Consumer Confidence Rebounds in July

The Chinese spent more in July as inflationary pressures eased on falling food prices, according to the Bankcard Consumer Confidence Index (BCCI)

World Stocks Slip on Fears China's Growth Slowing

World markets fell Tuesday amid signs China's economy is losing steam and ahead of a Federal Reserve meeting that will be watched closely

HSBC Profits Double to $6.8 Bil.

British bank HSBC Holdings PLC said Monday that its first-half net profit more than doubled to $6.76 billion as provisions

Hawaii Sugar Growers Spearhead U.S. Biofuel Push

The federal government has turned to a 130-year-old Hawaii sugar grower for help in powering the Navy and weaning the nation

German Export Growth Signals High-End Recovery

German exports grew by 3.8 percent on the month in June and reached their highest level since late 2008, official data showed Monday

Asian Stocks Mixed on U.S. Jobs, High Yen

Asian stock markets were mixed Monday after a poor U.S. jobs report added to evidence the economic recovery is weakening.

Ousted HP CEO Settles with Sex Harassment Accuser

Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of sexual harassment lodged against him by a female contract worker

Germany Warns of Apple iPhone Security Problems

The German government has warned of serious security flaws in Apple's iPhone, iPad and iPod Touch. The warning may have been prompted

Transocean, Anadarko Surge on BP Plug Success

With BP at a turning point in the Gulf oil spill, other companies with a role in the crisis are seeing their fortunes improve

Washington Post Profits Surge on Education Growth

The Washington Post Co. is reporting a surge in second-quarter earnings, helped by a big jump in profits at its education division and lower expenses.

U.S. Corn Exports to Boom As China Eats More Meat

China could be about to increase its corn imports, offering American farmers a chance for greater profits but making it likely U.S. meat

Hiring Slows Leaving Jobless Rate Unchanged

Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly

ArcelorMittal Back to Profit with $1.7 Bil. for Q2

ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion

Hyundai Motor Profits Soar 71% to Record

Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.

Amazon's Lighter, Cheaper Kindle Adds Wi-Fi Access

Jeff Bezos isn't just confident you'll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you'll also want ...

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