Firms Boost Productivity Instead of Hiring
Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.
Business
18 Charged in Theft of Samsung Chip Technology
The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18
Toyota Says Flaw in Prius Brakes Fixed Last Month
Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels
Toyota Reports $1.7 Bil. Profit, Raises Forecast
Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook
Lenovo Profits Continue Rising on 45% China Growth
Lenovo Group, the fourth-largest personal computer maker, reported its second straight quarterly profit Thursday as strong sales in China drove its recovery
Toyota Expands Recall to Priuses Sold in U.S., Japan
Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday
Estée Lauder Marks Roaring Tiger Year with Special Compact
Estée Lauder is comemorating the Year of the Tiger with a limited edition Tiger compact. The release of this special item
Asia, Europe Stocks Rise on U.S. Housing News
World stock markets jumped Wednesday, following Wall Street higher after encouraging reports about the beleaguered U.S. housing sector helped restore
Honda Profits Soar on Cost-Cutting, Green Cars
Honda's quarterly profit soared sixfold on cost cuts and strong sales of green vehicles, boosting the Japanese automaker's full year forecast
Toyota Prius Brake Complaints Total 180
The Japanese government said Wednesday it has received 14 complaints in Japan about brake problems with Toyota's popular Prius hybrid.
News Corp Posts Profits on Advertising Rebound
News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million
Signs of Life in Housing Send Stocks Up
Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.
GM Sales Up 14% in January, Toyota's Down 16%
Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...
Softbank Profits Soar on iPhone Popularity
Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Toyota Plans to Recall 300,000 Priuses
Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
Iron-Ore Wars Show Limits of China's Economic Clout
China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence
World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Estee Lauder Profits Surge 62% on Asia Growth
Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent
Ford Surprises with $2.7 Bil. Profits for 2009
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
Smart Phones Boost Nokia Profits 65%
The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent
Toyota Extends Recall to Europe, China
Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.
Hyundai Profits Quadruple on Growth in China, India
Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009
Blatant Imitations of Google, YouTube Start Up in China
Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.
Japan Retail Sales Down for 16th Month in December
Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
Jobless Claims, Durable Orders Hint at Slow Recovery
Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Japan Exports Show First Growth in 15 Months
Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.
China Reassures Phone Companies on Google Android
China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute
Toyota Halts Sales of Some Models for Repairs
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry
Target Pulls Farmed Salmon from Shelves, Sushi
Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores
GM to Build Its Own Electric Motors
General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them
Apple Tablet Could Stimulate Video Game Business
When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...
GM Agrees to Sell Saab to Spyker Cars
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker
Jobless Rate Unlikely to Be Cut Much in 2010
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.
Firms Boost Productivity Instead of Hiring
Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.
18 Charged in Theft of Samsung Chip Technology
The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18
Toyota Says Flaw in Prius Brakes Fixed Last Month
Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels
Toyota Reports $1.7 Bil. Profit, Raises Forecast
Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook
Lenovo Profits Continue Rising on 45% China Growth
Lenovo Group, the fourth-largest personal computer maker, reported its second straight quarterly profit Thursday as strong sales in China drove its recovery
Toyota Expands Recall to Priuses Sold in U.S., Japan
Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday
Estée Lauder Marks Roaring Tiger Year with Special Compact
Estée Lauder is comemorating the Year of the Tiger with a limited edition Tiger compact. The release of this special item
Asia, Europe Stocks Rise on U.S. Housing News
World stock markets jumped Wednesday, following Wall Street higher after encouraging reports about the beleaguered U.S. housing sector helped restore
Honda Profits Soar on Cost-Cutting, Green Cars
Honda's quarterly profit soared sixfold on cost cuts and strong sales of green vehicles, boosting the Japanese automaker's full year forecast
Toyota Prius Brake Complaints Total 180
The Japanese government said Wednesday it has received 14 complaints in Japan about brake problems with Toyota's popular Prius hybrid.
News Corp Posts Profits on Advertising Rebound
News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million
Signs of Life in Housing Send Stocks Up
Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.
GM Sales Up 14% in January, Toyota's Down 16%
Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...
Softbank Profits Soar on iPhone Popularity
Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Toyota Plans to Recall 300,000 Priuses
Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
Iron-Ore Wars Show Limits of China's Economic Clout
China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence
World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Estee Lauder Profits Surge 62% on Asia Growth
Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent
Ford Surprises with $2.7 Bil. Profits for 2009
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
Smart Phones Boost Nokia Profits 65%
The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent
Toyota Extends Recall to Europe, China
Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.
Hyundai Profits Quadruple on Growth in China, India
Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009
Blatant Imitations of Google, YouTube Start Up in China
Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.
Japan Retail Sales Down for 16th Month in December
Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
Jobless Claims, Durable Orders Hint at Slow Recovery
Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Japan Exports Show First Growth in 15 Months
Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.
China Reassures Phone Companies on Google Android
China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute
Toyota Halts Sales of Some Models for Repairs
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry
Target Pulls Farmed Salmon from Shelves, Sushi
Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores
GM to Build Its Own Electric Motors
General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them
Apple Tablet Could Stimulate Video Game Business
When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...
GM Agrees to Sell Saab to Spyker Cars
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker
Jobless Rate Unlikely to Be Cut Much in 2010
The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.
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