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Samsung to Report Record Profits for Q3

Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer ...

Bailed Out Dairy Industry Must Restructure: Ag Sect'y

The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week ...

3-D TVs Shown at Japan Electronics Show

Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...

Toyota Previews All-Electric, Green Sports Car

Besides showing off its well-known hybrids, Toyota will take a slightly different tack at the upcoming Tokyo Motor Show to display a green sportscar with ...

FTC Regulates Online Reviews, Blogs, Testimonials

The Federal Trade Commission on Monday took steps to make product information and online reviews more accurate for consumers, regulating blogging for the first time ...

Las Vegas CityCenter Slashes Condo Prices

Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed ...

Toyota Recall Addresses Potential Floor-Mat Problem

Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...

Recession Offers Rare Investment Opportunities

The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...

Stocks Rise, Dollar Sinks on Aussie Interest-Rate Hike

The dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from ...

Coach Sues Target for Alleged Copies of Handbags

Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...

Olympics Urged to Plug into YouTube Generation

The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...

Vonage Apps Allow Free Foreign Calls for iPhone, BB

Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...

Mazda to Raise $1.1 Bil. for R&D

Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...

Consumer Spending Now Driven by Amazing Bargains

There has never been a better time to be a consumer. America is on sale. The Great Recession has caused massive job losses and hardship ...

China Tycoon Floats $8 Bil.-Plan for U.S. Green Cars

Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ...

Manhattan Apartment Sales Soared in Q3

Blink. What housing downturn? Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, ...

Japan Consumer Spending Rose 2.6% in August

Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...

Worldwide Prescription Drug Sales Growth Slows

Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...

Frank Advances Bill to Limit Credit-Card Rate Hikes

Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...

Another Asset Bubble May Be Forming Already

The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...

Retail, Jobs Data Boost Wall Street

Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...

GM to Sell Hummer to Sichuan Tengzhong Heavy

General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...

New Jobless Claims Lowest Since January

The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...

GM Names New Sales Chief As U.S. Market Share Erodes

Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...

Marriott Posts Q3 Loss on Timeshare Slump

Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...

Nissan Land Glider Electric As Agile As a Motorcycle

Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...

Gap to Resume TV Ads, Expand into China

The apparel retailer Gap Inc. on Thursday announced plans to return to television advertising in November for its namesake brand, after a two-year hiatus,

Dell to Make Android Phones for AT&T

Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...

Consumer Stinginess Shows Up in Corporate Profits

People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek ...

Ciena to Buy Nortel Assets for $521 Mil.

Ciena Corp. says it has agreed to by the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business for roughly $521 ...

Costco Beats Street Despite Profit Slip

Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results ...

Burger King Upgrades to Hip New Look

Burger King Corp. plans to swap its generic fast-food feel and bland tiles and tabletops for a vibe that's more sit-down than drive-through. As part ...

Gold Hits New Record High on Falling Dollar

Gold prices surged to a new high Tuesday as investors sought a safe harbor from a falling dollar and inflation. Gold for December delivery rose ...

Next Boom Likely to Be Powered by Cleantech

Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the Internet — the kind of breakthrough that ...

Netflix Q3 Earnings Surge 48% on Subscriber Boom

Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...

Biggest Solar Power Plant Set to Open in Florida

Greg Bove steps into his pickup truck and drives down a sandy path to where the future of Florida's renewable energy plans begin: Acres of ...

Fortune Makes Big Changes to Cope with Ad Slump

Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...

Home Sales Rebound on Tax Credit, Foreclosures

With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.

Amazon Profits Blow Past Estimates

Amazon.com Inc.'s third-quarter results blew past analyst expectations, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.

Kia Profits Swell to Record on Sales Growth

Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean ...

$300-Bil Est. for National High-Speed Rail Lines

Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects

Taiwan Lifts Ban on U.S. Beef in Bone

Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.

Hynix Reports First Quarterly Profit in Two Years

Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...

Record NYC Real Estate Deal Looms As Record Bust

It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops. At the height of ...

Feds Unveil Plans to Limit Top Executive Pay at Banks

The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...

Hulu May Start Charging for Video Access

Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...

India's Reva to Build Electric Cars in New York

An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...

Asia Stocks Fall on Wells, China Stimulus Cut Fears

World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...

Hyundai Posts Treble in Q3 to New Record

Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...

China Growth Revs Up to 8.9% in Q3

China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...