Troubled Sony Approves New Management Team

OECD Revises Upward 2010 Growth Forecast

China Inks Landmark Gas Deal with Turkmenistan

Singapore Resorts World Slashes Visitor Forecast

Japan's May Auto Production Far Below '08 Levels

Pepsi Takes 20% Stake in Japanese Snacker Calbee

Oil Falls on Surging Gasoline Inventories

China Makes $7.2 Bil. Bid for Addax Petroleum

Durable Goods Orders Jumped Unexpectedly in May

Russian Economy to Shrink 7.9% in 2009

Toyota Strains to Meet Surging Demand for New Prius

Oracle Tops Views on Sales of Support Contracts

Boeing Delays 787 Test Flight Again for Modifications

Chu Lends $8 Bil. for Ford, Nissan, Tesla Electric Cars

MySpace Job Cuts Add Up to 40% of Total

U.S. Home Sales Data Reverses Stock Rally

Mafia Game Taps Twitter's Fledgling Profit Potential

Japan's Factory Output Resumes Growth

Japan’s struggling manufacturers are showing signs of life as the government said Thursday that industrial production rose for the first time in six months in ...

Ford Gains Market Share on Record Fusion Sales

Ford Motor Co. says its April sales fell 32 percent, but the company gained market share on record retail sales of its midsize Ford Fusion.Dearborn, ...

GM's Asia Operations to Stay in Company Fold

The Asia-Pacific operations of General Motors Corp. will stay within the company fold regardless of whether GM ends up declaring bankruptcy or not, the U.S. ...

Disney-ABC Takes Stake in Hulu

Disney movies and ABC TV shows will be available on Hulu.com now that Walt Disney Co. is taking an equity stake in the popular video ...

Korea's Trade Surplus Hits Record on Cheap Oil

South Korea’s trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and ...

Drop in Jobless Claims Fuels Continuing Rally

Investors found more reason to hopeful about the economy.In a welcome surprise for Wall Street on Thursday, the Labor Department said initial claims fell last ...

Chrysler to File for Bankruptcy

Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to ...

World Markets Rally on Fed's Assessment

World stock markets rose sharply Thursday even though the World Health Organization warned that a swine flu pandemic was imminent...

Windows 7 Release Likely in Fall 2009

Microsoft Corp. has released a near-final version of the Windows 7 operating system that adds a few new features, including a way to run Windows ...

Fiat to Sign onto Partnership with Chrysler

Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.

General Dynamics Profits Rise 3% on Arms Sales

General Dynamics Corp.‘s first-quarter earnings rose 3 percent, beating Wall Street expectations, as sales of warships and other military equipment made up for lower profits ...

Time Warner Posts Better Than Expected Q1 Profits

Time Warner Inc. said Wednesday that its first-quarter profit fell 14 percent as AOL and publishing results continued to crumble under the weight of deteriorating ...

Jump in Consumer Confidence Boosts Wall Street

Investors set aside some of their worries about the economy Tuesday after a closely watched measure of consumer confidence soared in April. Stocks fluctuated in ...

Bank of America, Citigroup May Need to Raise More Capital

Bank of America Corp. and Citigroup Inc., which have each received $45 billion in government bailout funds, have been told by regulators that “stress test” ...

Honda Posts Fiscal Year Profits Despite Big Q4 Loss

Honda Motor Co. said Tuesday it overcame a large quarterly loss to book a fiscal year profit that was well above forecasts, and vowed to ...

Mitsui Sumitomo to Buy Nikko Cordial from Citigroup

Major Japanese bank Sumitomo Mitsui Financial Group Inc. has reached a basic agreement to buy a Japan-based brokerage unit from Citigroup Inc. for some 500 ...

Home Sales Data Fuel Wall Street Optimism

Wall Street is extending its rally as reports on housing and construction show improvement for March Stocks are jumping Monday following a National Association of ...

Wall Street Surges on Encouraging Housing, Banking Data

Bank of America Told It Needs $34 Bil. More

Bank of America Corp. stock rose in premarket trading after an initial decline, amid reports that it needs $34 billion in new capital.

Disney Profits Cut in Half by Weak Flicks, Parks Slump

The Walt Disney Co. said Tuesday its second-quarter net income fell 46 percent, dragged down by an underperforming movie slate and the impact of the ...

Tata Sells 203,000 Ultra-Cheap Nanos

S&P Turns Positive for the Year on Housing Data

The Standard & Poor’s 500 index is up for the year. And for once, it was the housing market that sent stocks soaring. The S&P ...

Taiwanese Tycoon Questions Buffet Bet on Batterymaker

A Taiwanese business tycoon has criticized U.S. investor Warren Buffett’s decision to invest in a Chinese battery and car maker facing a lawsuit accusing it ...

Cablevision Unveils Fastest Internet Access

Cablevision Systems Corp. is set to unveil Tuesday the fastest Internet speeds available from any cable or phone company. Starting May 11, the Bethpage, N.Y.-based ...

Estée Laurder Profits Plunge but Beat Views

Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...

Buffet Sees End to Recession

Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.

Europe Projects 4% GDP Shirnkage in 2009

Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...

Chna Projects 7% Growth for Q2

Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...