J&J Probed for "Phantom Recall" of Pain Relievers

Congressional investigators said Wednesday that Johnson & Johnson hired a private company that bought up defective packets of pain relievers in 2008

Stocks Surge on Word China to Hold European Debt

Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.

Tiffany Profits Double on Soaring Asia Sales

Jewelry and gift seller Tiffany & Co.'s net income more than doubled in the first quarter as its revenue rose in the U.S. and soared ...

Costco Profits Jump 46% on Sales, Memberships

Costco Wholesale Corp.'s profit climbed 46 percent in the fiscal third quarter as sales and membership revenue both rose.

Honda China Plant Stopped by Worker Strike

Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.

Asia, Europe Stocks Rise on Asian, U.S. Data

World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth

Suicide-Plagued Foxconn Raises Worker Wages

The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an ...

Asian Stocks Fall on Europe Debt Fears

Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly

Yahoo Paints Brighening Picture Through 2013

Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings

Feds Profit from $6.2 Bil. Sale of Citigroup Stock

The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...

Euro Slide Pushes Dow to Sub-10K Close

A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...

Facebook Faces Growing Privacy Protests

Facebook is simplifying its privacy controls amid growing unrest from many of its users.

Durables, New Home Sales Buffer Against Europe

Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired.

Durable Goods Orders Rise 2.9% in April

Orders to U.S. factories for big-ticket manufactured goods surged in April, propelled by a rebound in demand for commercial aircraft.

Recovery Gains Steam in Developed Economies

iPad Sales Hit 2 Mil. Mark

Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.

German Car Exports Jump 49% in May

German car exports increased by nearly half in May compared to a year earlier but sales continued to slide at home, an industry group said ...

Prudential Gives Up Bid to Buy AIA from AIG

Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.

Taiwanese e-Readers Use Efficient Ink-Based Displays

aiwanese electronics firms displayed a slew of e-readers at an industry show Tuesday, with one maker unveiling a lightweight model that can display

BP Shares Plunge As It Begins Big Cut-and-Cap Bid

BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed to plug the worst ...

Europe's Ryanair Soars Back into Full-Year Profit

European budget airline Ryanair announced a return to robust full-year profits Tuesday and unveiled its first-ever cash dividend to shareholders

HP to Cut 9,000 Jobs, Take $1 Bil. in Charges

Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial ...

Construction, Manufacturing Data Reverse Stock Declines

Stocks are erasing early losses after reports on construction spending and manufacturing signal that the economy is continuing its recovery.

Europe Debt Crisis Breakdown by Country

Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil.

Ghosn Charged Up about Leaf Electric's U.S. Debut

Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands

AsusTek Unveils Tablet PC Running Windows 7

Taiwan's AsusTek Computer Inc. unveiled Monday a portable tablet computer that runs on Microsoft's Windows 7 operating system

Honda to Restart China Line After Parts Plant Strike

Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...

India Returns to Pre-Recession Growth

A rebound in manufacturing and recovering farm output drove India's quarterly economic growth to 8.6 percent, the best in two years

Panasonic Buys Sanyo, Seeks Solar Power Lead

Panasonic Corp. is banking on the solar-panel business that it gained by acquiring domestic rival Sanyo, aiming for top market share of at least 35 ...

Japan Factory Output Up for 2nd Straight Month

Japan's industrial production rose for a second straight month in April propelled by robust growth in China and the rest of Asia.

April Consumer Spending Hints at Slow Recovery

Consumer spending was stagnant in April while incomes posted a tiny advance, signs that the economic recovery could slow.

iPad Launch Draws Long Lines in Asia, Europe

Shoppers are mobbing Apple's flagship store in London in hopes of getting the gadget of the moment — the iPad.

Staples Income Rises on Sales Growth

Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.

PepsiCo to Invest $2.5 Bil. More in China

PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...

German Business Confidence Dips on Debt Crisis

German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets

World Markets Falls on Europe Debt Fears

World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.

Toyota to Invest $50 Mil. in Tesla Electric Car Plant

The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars

Stocks Suffer Biggest Plunge in Over 1 Year

Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine

Dell Income Jumps 52% on PC Sales, Services

Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services

New Jobless Claims Jump Most in Three Months

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.

Vanishing Inflation Helps Consumers, Borrowers

Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.

3-D Shrek Shocks Moviegoers with $20 Tickets

A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...

Sears Income Falls on Bigger Appliance Discounts

Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.

Toyota Expert Calls for Akio Toyoda to Step Down

An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors

Singapore GDP Soars 15.5% in Q1

Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back

Japan's Economy Grows for 4th Straight Quarter

Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.

Target Profits Up 29% on Card Boost, Clothing Sales

Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales

Oil Falls to $68 on Europe Fears

Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...

Stocks Slide on German Naked Short Selling Curbs

World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders

Toyota to Recall Up to 11,500 Lexuses

Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles