Department Stores Report Better December Sales

Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.

China Rate Hike, U.S. Jobs Data Dampen Stocks

Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills

New CEO Expects 2010 Profits for Leaner GM

General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers

Proposed Delta-JAL Tieup Prompts Monopoly Fears

A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.

Samsung Profits Soared to $3.44 Bil. in Q4

Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...

JAL Rejects U.S. Cash Bids, to Cut Third of Workforce

Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...

China's Shanda Games to Buy U.S.'s Mochi Media

Shanda Games Ltd., a Chinese online gaming company, said Tuesday it will acquire U.S.-based Mochi Media Inc., in its latest move

Kodak to Get Royalties from Samsung in Licensing Pact

Eastman Kodak Co. said Monday it will draw royalties from South Korea's Samsung Electronics Co. under a licensing pact that gives the companies

Honda CR-Z Adds Sexy Lines, Zip to Hybrid Segment

Honda Motor Co. showed off the production model of the 2011 CR-Z, a sporty two-seater hybrid that will go on sale late summer in the ...

Toyota Plans Tiny Prius, Plug-Ins, Fuel-Cell Cars

Toyota unveiled a new hybrid concept car that is smaller than the Prius and geared toward younger buyers, part of the company's hybrid and alternative-fuel

Walmart Pulls China-Made Jewelry Cited in News

Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled

Obama Considers Levy on Banks

President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance

Alcoa Revenues Slid in Q4 Despite Smaller Loss

Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building

Ford Wins Both Car & Truck of the Year Awards

Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.

Ford's China Sales Up 44% in 2009

Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role

China Export Growth Boosts Global Stocks

World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic

Phone TV, Wireless Charging Among Hits at Electronics Show

At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.

Carmakers Ditch Bunker Mentality for Detroit Show

Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...

Google to Settle with China Authors for Pirate Scans

Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...

JAL to Decline Tieup Offers by Delta, American

Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring

Ford to Show Off New Global Focus, Efficient Structure

In a year that humbled most automakers in America, Ford came out looking smart.

Boeing Rethinks Short-Range 787 After Losing Sole Order

Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders

Wisconsin Ginseng Growers Take Root in China

Wisconsin farmer Butch Weege has never met Sun Dan, a 34-year-old makeup artist who lives in Beijing

Obama Pushes Wireless to Rival Cable, Phone Service

The Obama administration is calling on federal regulators to make more radio spectrum available for wireless Internet services so they can compete

Manufacturing Data Shows Accelerating Growth

An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.

Global Chip Sales Saw First Rebound Since Downturn

Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone

China Manufacturing Grew at Fastest Rate Since 2004

China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand

GM's China Sales Up 67% in 2009

General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...

Networks Fudge No-Pay Interview Policy

Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit

Tokyo SE Upgrades to High-Speed Trading System

The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform

California Faces More Painful Budget Cuts in 2010

During last summer's fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California's budget

Google Set to Unveil Own Branded Cell Phone

Google Inc.'s vision for how a mobile phone should be made and sold will likely raise the stakes in the Internet search leader's bid to ...

China Manufacturing Rose at Fastest Rate in 20 Months

An index of China's manufacturing rose in December, expanding at its fastest rate in 20 months

Delta, Northwest Win Approval to Act As Single Carrier

Delta Air lines Inc. has received government permission to operate its namesake service and its Northwest Airlines subsidiary as a single carrier

International Firms Projected to See Big Growth in 2010

Companies with international operations are set to take advantage of a global economic recovery in 2010, continuing the rally that began in 2009.

Asian Markets Close 2009 on High Note

Asian stock markets added to a year of big gains in the final day of trading for 2009.

Kodak Sells Organic LED Unit to LG

Eastman Kodak Co. said Wednesday it had completed the previously announced sale of its organic LED, or light-emitting diode display, business

Ford Shakes Up U.S. Car Market with Transit Connect

The new Ford Transit Connect has a strange name, a compact European delivery van appearance and a ceiling that's so tall, someone sitting in the ...

JAL Shares Dive on New Bankruptcy Fears

Japan Almost Makes Up for Plunge in U.S. Hawaii Visits

The number of visitors traveling to Hawaii fell 1.4 percent in November from the same month a year earlier as the weak economy continued to ...

Google Unveils Nexus One "Super-Mobile" Phone

Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire

LG to Introduce 3-D TV in May

LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.

Hundreds of Dealerships Could Be Restored by GM

Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration

Apple Ally AT&T to Add Android Phone to Lineup

AT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival

Cell Phones to Receive Free Local TV Broadcasts

The prospect of watching live, local TV shows on mobile phones and other portable devices is getting closer. Manufacturers this week are showing off

Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline

There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai

Avatar Explodes to $4.8 Mil. Record Opening Day in China

Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster

Amazon Unveils Global Version of Kindle

Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales

Billionaire Rajaratnam to Face New SEC Charges

Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million

American, Partners Sweeten JAL Support Offer

American Airlines escalated the bidding war for Japan Airlines to keep it from defecting to rival Delta's alliance, even as the money-losing Japanese carrier