China Suffers First Trade Deficit in Six Years
China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.
Business
Dow Crosses 11,000 on Growth Signs
The stock market closed at a new 18-month high Friday, with the Dow Jones industrial average briefly touching 11,000 before retreating slightly.
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
Asian Stocks Rise Ahead of GDP Numbers
Asian stock markets were mostly higher Friday ahead of the region's first peek next week at first quarter economic growth numbers.
China Car Sales Jumped 63% in March
China's passenger car sales jumped 63 percent in March from a year earlier as manufacturers scrambled to meet strong demand driven
Apple iPhone to Finally Join Rivals in Multitasting
Apple Inc.'s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple's ...
Initial Jobless Claims Rise Unexpectedly
The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce
Intel Software Can Read Thoughts
Mind reading may no longer be the domain of psychics and fortune tellers — now some computers can do it, too.
World Stocks Fall on Greek Debt Fears
World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.
Retailers Report 4th Consecutive Month of Growth
Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.
Hybrids Take Center Stage at Geneva
Hybrid or hype? More and more automakers rolled out their newest hybrids, or announced plans to do so, at the Geneva Auto Show on Tuesday, ...
Toyota to Spend $250 Mil. to Help California Employees
Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.
Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.
Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday
Costco Reports Rising Profits on Strong Global Growth
Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club
Standard Chartered Reports Record Annual Profit
Standard Chartered PLC on Wednesday reported a seventh consecutive record annual profit, of $3.38 billion, as stronger wholesale banking earnings
Food Borne Illnesses Cost U.S. $152 Bil. A Year
Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses
Yahoo CEO Cites Apple to Justify Long Turnaround
Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took
TiVo to Release DVR That Integrates Internet with TV Movies
TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant
Hyundai Sales Rose 11% in February
Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...
Hulu May Start Charging for Access to Videos
Hulu's days as a free online video site could be ending soon. Comedy Central's decision to yank two of the most popular shows
Ford Posts 43% Sales Jump, Passes GM
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
China Projects Replacing Japan in 2010 As No. 2 Economy
China said Friday it will target economic growth of 8 percent this year, avoiding any slip after it rebounded last year from the world economic ...
China Faces New Pressures to Let Yuan Rise
China faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the value of the yuan to ease ...
CBO Projects Slower Growth, Bigger Deficit Than Obama
A new congressional report released Friday says the United States' long-term fiscal woes are even worse than predicted by President Barack Obama's
Asian American Unemployment Rate Lowest
The report released Friday by the Labor Department for the month of February shows that Asian Americans have the lowest unemployment rate
Indian Conglomerate Buys W. Va. Coal Miner
A subsidiary of Indian conglomerate Essar Group has agreed to buy West Virginia-based Trinity Coal.
Fewer Job Cuts than Expected Keeps Jobless Rate at 9.7%
The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market
Apple Delays iPad Launch
The much-anticipated iPad tablet computer from Apple Inc. will start hitting U.S. store shelves on April 3, slightly later than originally planned.
Akio Toyoda Rallies Workers, Dealers
Toyota President Akio Toyoda urged thousands of his employees Friday to work toward a new start and win back customer trust
Japan Won't Comply with Proposed Bluefin Tuna Ban
apan will not comply if a ban is imposed on international trade in Atlantic bluefin tuna, prized by Japanese for sushi
January Chip Sales Up 47.2%
Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.
TiVo's $300 Mil. Award vs. Dish Affirmed on Appeal
TiVo Inc. prevailed yet again in a long-running dispute with Dish Network Corp. over patents for digital video recorders, as a federal appeals court
Stocks Back in Black for 2010 Ahead of Jobs Data
Optimism about the government's February jobs report sent the Dow Jones industrials back into the black for 2010.
February Retail Strongest Since Before Recession
Shoppers returned to the nation's malls last month, buying a surprising amount of spring clothing and other items and helping stores post the strongest retail ...
Stocks Falter on Pending Home Sales Data
Stocks clung to a tight range Thursday after an unexpected drop in pending home sales raised new concern about the economy.
Informercial King Auditions for Great American Gadget
There wasn't a bottle of Oxiclean or a ShamWow anywhere. But there was Dawn Stephens' nifty new, all-in-one toilet-bowl-cleaning brush.
Sina Misses Adjusted Profits Estimates
Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Toyota Prius Tops Japan Sales Despite Recall
Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that included braking problems with the hit hybrid.
China Firm Seeks Private Equity to Close Hummer Buy
The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators
Durables Orders Rise on Surging Aircraft Sales
Orders to U.S. factories for big-ticket manufactured goods shot up in January by the largest amount in six months, but the strength came from a ...
Kohl's Profits Up on Strong Sales, Tight Inventory
Kohl's Corp. grew its profit in the fourth quarter as it kept its inventory levels lean and took advantage of shoppers' trend toward buying value-priced ...
Gilette, PGA Move on Without Tiger Woods
The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial
GM Effort to Sell Hummer to Chinese Firm Collapses
Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment
China Suffers First Trade Deficit in Six Years
China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.
Dow Crosses 11,000 on Growth Signs
The stock market closed at a new 18-month high Friday, with the Dow Jones industrial average briefly touching 11,000 before retreating slightly.
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
Asian Stocks Rise Ahead of GDP Numbers
Asian stock markets were mostly higher Friday ahead of the region's first peek next week at first quarter economic growth numbers.
China Car Sales Jumped 63% in March
China's passenger car sales jumped 63 percent in March from a year earlier as manufacturers scrambled to meet strong demand driven
Apple iPhone to Finally Join Rivals in Multitasting
Apple Inc.'s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple's ...
Initial Jobless Claims Rise Unexpectedly
The number of newly laid-off workers seeking unemployment benefits rose last week, a sign that jobs remain scarce
Intel Software Can Read Thoughts
Mind reading may no longer be the domain of psychics and fortune tellers — now some computers can do it, too.
World Stocks Fall on Greek Debt Fears
World markets slid Thursday amid mounting worries about a potential Greek debt default as the country's borrowing costs continue to go through the roof.
Retailers Report 4th Consecutive Month of Growth
Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.
Hybrids Take Center Stage at Geneva
Hybrid or hype? More and more automakers rolled out their newest hybrids, or announced plans to do so, at the Geneva Auto Show on Tuesday, ...
Toyota to Spend $250 Mil. to Help California Employees
Toyota said Wednesday it will spend $250 million to assist employees at a Northern California factory slated to be closed next month.
Radisson to Get $1.5 Bil. Upmarket Makeover in U.S.
Radisson hotels are getting a $1.5 billion luxury rebranding and facelift in the U.S., owner Carlson Hotels Worldwide announced Wednesday
Costco Reports Rising Profits on Strong Global Growth
Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, and the warehouse club
Standard Chartered Reports Record Annual Profit
Standard Chartered PLC on Wednesday reported a seventh consecutive record annual profit, of $3.38 billion, as stronger wholesale banking earnings
Food Borne Illnesses Cost U.S. $152 Bil. A Year
Food-borne illnesses, such as E. coli and salmonella, cost the United States $152 billion annually in health care and other losses
Yahoo CEO Cites Apple to Justify Long Turnaround
Yahoo Inc. CEO Carol Bartz says she hopes investors growing impatient for her to turn around the slumping Internet company remember how long it took
TiVo to Release DVR That Integrates Internet with TV Movies
TiVo Inc., the pioneer of the digital video recorder, hopes its new DVRs coming out this spring will keep the company relevant
Hyundai Sales Rose 11% in February
Hyundai Motor Co. of Korea said Tuesday that its U.S. sales rose 11 percent in February, as storms in the eastern and central parts of ...
Hulu May Start Charging for Access to Videos
Hulu's days as a free online video site could be ending soon. Comedy Central's decision to yank two of the most popular shows
Ford Posts 43% Sales Jump, Passes GM
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
China Projects Replacing Japan in 2010 As No. 2 Economy
China said Friday it will target economic growth of 8 percent this year, avoiding any slip after it rebounded last year from the world economic ...
China Faces New Pressures to Let Yuan Rise
China faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the value of the yuan to ease ...
CBO Projects Slower Growth, Bigger Deficit Than Obama
A new congressional report released Friday says the United States' long-term fiscal woes are even worse than predicted by President Barack Obama's
Asian American Unemployment Rate Lowest
The report released Friday by the Labor Department for the month of February shows that Asian Americans have the lowest unemployment rate
Indian Conglomerate Buys W. Va. Coal Miner
A subsidiary of Indian conglomerate Essar Group has agreed to buy West Virginia-based Trinity Coal.
Fewer Job Cuts than Expected Keeps Jobless Rate at 9.7%
The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market
Apple Delays iPad Launch
The much-anticipated iPad tablet computer from Apple Inc. will start hitting U.S. store shelves on April 3, slightly later than originally planned.
Akio Toyoda Rallies Workers, Dealers
Toyota President Akio Toyoda urged thousands of his employees Friday to work toward a new start and win back customer trust
Japan Won't Comply with Proposed Bluefin Tuna Ban
apan will not comply if a ban is imposed on international trade in Atlantic bluefin tuna, prized by Japanese for sushi
January Chip Sales Up 47.2%
Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.
TiVo's $300 Mil. Award vs. Dish Affirmed on Appeal
TiVo Inc. prevailed yet again in a long-running dispute with Dish Network Corp. over patents for digital video recorders, as a federal appeals court
Stocks Back in Black for 2010 Ahead of Jobs Data
Optimism about the government's February jobs report sent the Dow Jones industrials back into the black for 2010.
February Retail Strongest Since Before Recession
Shoppers returned to the nation's malls last month, buying a surprising amount of spring clothing and other items and helping stores post the strongest retail ...
Stocks Falter on Pending Home Sales Data
Stocks clung to a tight range Thursday after an unexpected drop in pending home sales raised new concern about the economy.
Informercial King Auditions for Great American Gadget
There wasn't a bottle of Oxiclean or a ShamWow anywhere. But there was Dawn Stephens' nifty new, all-in-one toilet-bowl-cleaning brush.
Sina Misses Adjusted Profits Estimates
Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Toyota Prius Tops Japan Sales Despite Recall
Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that included braking problems with the hit hybrid.
China Firm Seeks Private Equity to Close Hummer Buy
The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators
Durables Orders Rise on Surging Aircraft Sales
Orders to U.S. factories for big-ticket manufactured goods shot up in January by the largest amount in six months, but the strength came from a ...
Kohl's Profits Up on Strong Sales, Tight Inventory
Kohl's Corp. grew its profit in the fourth quarter as it kept its inventory levels lean and took advantage of shoppers' trend toward buying value-priced ...
Gilette, PGA Move on Without Tiger Woods
The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial
GM Effort to Sell Hummer to Chinese Firm Collapses
Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment
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