Japan Retail Sales Up 3.2% in June As Growth Slows
Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.
Business
Sober Fed Assessment Dampens Wall Street Mood
Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.
Jobless Rate Rises in 75% of Urban Areas
The unemployment rate in about three-quarters of the nation's largest metro areas rose last month as nearly one million teenagers entered
Boeing Pofits Fall on Defense Spending Cuts
Boeing's second-quarter profit fell 21 percent, and it said layoffs are likely in its defense business because of expected government spending
Durable Goods Orders Fall 1% in June
Orders to U.S. factories for big-ticket manufactured goods fell broadly in June as the fragile recovery continued to slow.
Sprint Nextel Reverses Subscriber Losses
Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve
Peugeot Citroen Returns to Profit on China Growth
Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting
Siemens Reports 4% Revenue Growth
A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
Honda Profits Mushroom 32-Fold to New Record
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers.
BNP Paribas Profits Surged 31% on Retail Growth
BNP Paribas SA said Monday its net profit soared 31 percent in the second quarter as steep retail banking gains in France and the Benelux ...
China Car Sales Up 17.2% in July As Growth Slows
Auto sales growth in China, the world's biggest market, weakened further in July, data showed Monday.
China Manufacturing Growth Continues Gradual Slowing
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined
Twitter-Crazed Japan Claims 20 Billionth Tweet
Twitter's 20 billionth message didn't make much sense, but it spoke volumes about the rapid global growth
China Passed Japan to No. 2 Spot Says Currency Chief
China has overtaken Japan to become the world's second-largest economy, said China's currency chief Yi Gang in an interview
Chrysler to Add 900 Jobs for Midsize Car Plant
Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit. Its decision is a show of optimism
Recovery Slowed in Q2
The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing
Revised Data Show Recession Was Underestimated
The recession was deeper than the government previously thought. The Commerce Department, in revisions issued Friday
Disney Sells Miramax to Hollywood Newcomers
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year ...
J&J to Buy Device Maker Micrus for $480 Mil.
Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments
Kia Posts 61% Profit Surge on Strong Sales Growth
Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.
Samsung Posts 83% Profit Jump on Chip, LCD Sales
Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength
Google Sounded False Alarm About China Blockage
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...
VW Profits Surge to $1.6 Bil. on China Demand
Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply
Toyota Recalls 412,000 Cars for Steering Parts Cracks
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported
China Okays Geely's Volvo Purchase Without Conditions
Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce
Nissan Returns to Profit on Global Rebound
Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.
Sony Returns to Profit on Playstation 3, PC Sales
Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles
Panasonic Returns to Profit, Buys Out Sanyo
Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
Canada's Economy Becomes Envy of G-20
Canada thinks it can teach the world a thing or two about dodging financial meltdowns.
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
China Insists Yuan Is Solely Sovereign Concern
The main focus of China's currency policy is the well-being of its people and any adjustment to the exchange
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
Toyota Draws UAW Ire for Reviving Mississippi Plant
Toyota's announcement that it will resume construction of a car factory in Mississippi should have been a much-needed piece of good news
Stocks Gain Despite Jobless, Manufacturing Data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports.
Euro Surges on Successful Spain Debt Sale
The euro rose sharply against the dollar Thursday after a closely watched auction of Spanish bond was oversubscribed, easing worries
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
Japan Retail Sales Up 3.2% in June As Growth Slows
Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.
Sober Fed Assessment Dampens Wall Street Mood
Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.
Jobless Rate Rises in 75% of Urban Areas
The unemployment rate in about three-quarters of the nation's largest metro areas rose last month as nearly one million teenagers entered
Boeing Pofits Fall on Defense Spending Cuts
Boeing's second-quarter profit fell 21 percent, and it said layoffs are likely in its defense business because of expected government spending
Durable Goods Orders Fall 1% in June
Orders to U.S. factories for big-ticket manufactured goods fell broadly in June as the fragile recovery continued to slow.
Sprint Nextel Reverses Subscriber Losses
Sprint Nextel Corp. said Wednesday that it gained subscribers in its latest quarter, the first such gain in three years, as it continued to improve
Peugeot Citroen Returns to Profit on China Growth
Carmaker PSA Peugeot Citroen SA on Wednesday reported a return to profit in the first half of 2010, beating market expectations and boosting
Siemens Reports 4% Revenue Growth
A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher
Panasonic 3-D Camcorder for Consumers to Cost $2,000
The problem of what to watch on a 3-D TV will be yours to solve with Panasonic's camcorder for families to film birthdays, baby's first ...
Asia Stocks Up on Strong Corporate Earnings
Asian stock markets rose in early trading Wednesday as sentiment turned upbeat on a batch of strong corporate earnings results.
Yahoo Japan to Use Google Search Technology
Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the U.S.
Vodafone Unveils Solar Cell Phone for India
Vodafone Essar Ltd. has unveiled a solar-powered mobile handset in India to better serve the nation's energy-starved rural masses.
Volt Challenges Leaf in Affordable Electric Car Niche
General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more ...
U.S. Consumer Confidence Falls Most Since February
Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns
Daimler Back to Profits As Asia Sales Pass U.S.
Daimler AG raised its full-year earnings forecast substantially on Tuesday after a strong recovery in global car sales pushed it to a second-quarter
Stocks to Continue Rising on Global Sentiment
Stocks are set to continue their run higher Tuesday as economic and earnings reports worldwide are boosting optimism
DuPont Profits Treble on Surging Sales, Lower Costs
Chemical maker DuPont Co. said Tuesday its net income nearly tripled in the second quarter as sales surged in most of its businesses, and costs ...
Honda Profits Mushroom 32-Fold to New Record
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese automakers.
BNP Paribas Profits Surged 31% on Retail Growth
BNP Paribas SA said Monday its net profit soared 31 percent in the second quarter as steep retail banking gains in France and the Benelux ...
China Car Sales Up 17.2% in July As Growth Slows
Auto sales growth in China, the world's biggest market, weakened further in July, data showed Monday.
China Manufacturing Growth Continues Gradual Slowing
Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined
Twitter-Crazed Japan Claims 20 Billionth Tweet
Twitter's 20 billionth message didn't make much sense, but it spoke volumes about the rapid global growth
China Passed Japan to No. 2 Spot Says Currency Chief
China has overtaken Japan to become the world's second-largest economy, said China's currency chief Yi Gang in an interview
Chrysler to Add 900 Jobs for Midsize Car Plant
Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit. Its decision is a show of optimism
Recovery Slowed in Q2
The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing
Revised Data Show Recession Was Underestimated
The recession was deeper than the government previously thought. The Commerce Department, in revisions issued Friday
Disney Sells Miramax to Hollywood Newcomers
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year ...
J&J to Buy Device Maker Micrus for $480 Mil.
Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments
Kia Posts 61% Profit Surge on Strong Sales Growth
Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.
Samsung Posts 83% Profit Jump on Chip, LCD Sales
Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength
Google Sounded False Alarm About China Blockage
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...
VW Profits Surge to $1.6 Bil. on China Demand
Sales at Volkswagen AG motored ahead in the second quarter, thanks in part to strong demand from China and helping to push earnings sharply
Toyota Recalls 412,000 Cars for Steering Parts Cracks
Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported
China Okays Geely's Volvo Purchase Without Conditions
Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce
Nissan Returns to Profit on Global Rebound
Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.
Sony Returns to Profit on Playstation 3, PC Sales
Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles
Panasonic Returns to Profit, Buys Out Sanyo
Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
Canada's Economy Becomes Envy of G-20
Canada thinks it can teach the world a thing or two about dodging financial meltdowns.
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
China Insists Yuan Is Solely Sovereign Concern
The main focus of China's currency policy is the well-being of its people and any adjustment to the exchange
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
Toyota Draws UAW Ire for Reviving Mississippi Plant
Toyota's announcement that it will resume construction of a car factory in Mississippi should have been a much-needed piece of good news
Stocks Gain Despite Jobless, Manufacturing Data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports.
Euro Surges on Successful Spain Debt Sale
The euro rose sharply against the dollar Thursday after a closely watched auction of Spanish bond was oversubscribed, easing worries
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
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