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Philly Becomes Biggest U.S. City with Casino

Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.

Michael Dell Flashes 7-Inch Android Tablet

Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.

Adobe Profits Soar but Cautious on Outlook

Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue

Yuan Hits New High As Dollar Weakens

The yuan hit a new high of 6.6997 against the U.S. dollar on Tuesday, the highest level since June 19 when China pledged to make ...

CarMax Posts Higher Profits on Strong Used-Car Sales

Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales

Asia Stocks Gain in Thin Holiday Trading

Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing

Twitter Hacker Causes Mischief with Feeds

A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem

Stocks Tilt Back Up After Fed Speaks

Stocks and bonds rose Tuesday after the Federal Reserve said it was ready to provide more help to the economy if necessary.

Small Business Bill Set for Passage Amid Tepid Interest

A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear

Cessna Blames Economy for Cutting 700 Jobs

Cessna Aircraft announced Tuesday it will cut another 700 jobs, saying it has not seen the growth and recovery that it expected this year.

August Jobless Rate Rose in Calif., 26 Other States

More than half of U.S. states saw their unemployment rates rise in August, the largest number in six months, as hiring weakened across the country.

IBM to Pay $1.7 Bil. for Data Miner Netezza

IBM Corp. said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers.

Strong European Debt Sales Lift Investor Mood

Solid bond auctions in Ireland, Spain and Greece helped to further shore up sentiment in the markets Tuesday while investors waited for the latest

Oil Slips to $74 Ahead of Key Fed Meeting

Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day ...

World's Airlines Treble Profit Forecast

Global airlines have rebounded faster than expected from the recession after losing nearly $26 billion over 2008 and 2009, the industry association

China Fines Toyota Finance Arm for Bribing Dealers

Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.'s finance unit for giving bribes to car dealers

Asian Stocks Rise on Hope of More Fed Action

Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally

HSBC CEO to Leave After Losing Bid for Chairmanship

HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...

Nestle to Expand Herbal Medicine Business

Nestle plans to plow hundreds of millions of dollars into expanding its medical nutrition business over the next decade, hoping to capitalize

Asian Stocks Enjoy Bounce After Holidays

Asian stock markets kicked off a new week of trading in good spirits, encouraged by an improvement in U.S. economic indicators and higher metal prices.

Hyndai Recalls 2011 Sonatas for Steering Glitch

Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata sedans in the U.S. because of a manufacturing defect that could cause drivers

IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.

The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking

Growth in Durables Orders Sends Stocks Up

Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation

Korea Wins Control of UK's Dana Petroleum

Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted

Asia Has 3 of World's Most Expensive Shopping Streets

A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul

Asia Stocks Dip on U.S. Jobs Data, Strong Yen

Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.

Lotte Group Buys Control of Pepsi Philippines

Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest

German Business Mood Highest in 3 Years

German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business

Japan Intervenes Again to Weaken Yen

Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.

Jobless Claims Nudge Back Up to 465,000

The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market

Home Sales Rose to 2nd Lowest Level of Decade

Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales

Blockbuster Seeks Chapter 11 Protection

Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks

France Hobbled by Strikes Over Retirement Age

French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas

Euro Slips on Weak Business Sentiment

The euro gave up some of its recent gains against the dollar Thursday as traders booked profits after a survey showed business sentiment

Dollar Slides to New 15-Year Low Against Yen

The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while ...

Foreign Investment in China Grew Slower in August

Foreign investment in China weakened again in August after rebounding from a slowdown earlier this year, the government reported Wednesday.

Japanese Stocks Soar on Weaker Yen

Japanese stocks jumped Wednesday, outperforming other world markets, after the Bank of Japan intervened in the currency markets

Twitter Adds Pane for Videos, Photos

Twitter is turning its text-messaging website into a multimedia showcase by adding a new pane that will make it easier for its 160 million users

Japan Intervenes to Weaken Yen, First Time Since 2004

Japan's finance minister has confirmed that Japan intervened in the currency market to weaken the yen, which had spiked to 15-year highs

Wall Street Continues Rising on Positive Retail Data

World stock markets were mixed Tuesday despite another gain on Wall Street as the dollar retreated to a new 15-year low against the yen

Obama Set to Win $30 Bil. Small Business Fund Bill

President Barack Obama is poised to win a long-sought victory as Senate Democrats appear likely to win a key vote that would clear the way

Eurozone Industrial Production Flat in July

Industrial production in the 16 countries that use the euro was flat in July from the previous month, official figures showed Tuesday

Yuan Hits New High vs. Dollar Ahead of Hearing

China's currency advanced to a fresh high against the U.S. dollar for the third straight trading day Tuesday, as U.S. lawmakers prepared

Mastercard Sees 20% Profit Rise on Overseas Use

MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest

Buffett, Ballmer See Thriving Economy Ahead

Some of the biggest names in business said Monday that they see a bright future for the economy, with famed investor Warren Buffett

Wal-Mart Debuts Branded Wireless Service

Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating

Intel Chief Says Content-Shifting Key for Chipmakers

The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices

New Hitachi CEO Pushes Gov't for Lower Yen

The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform

Stimulus-Funded Batteries Polarize Economic Debate

The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting

YouTube Launches Live-Streaming Trial

YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.