Japan Machinery Orders Fell 9.1% in May
Japan's machinery orders, a closely watched indicator of future business investment, dropped more than expected in May, signaling that a recovery
Business
YouTube Tries to Emulate Boob Tube
YouTube is trying to become as brainless and painless to watch as the boob tube. In the process, the Web's leading video site hopes to ...
Massive ABC IPO Reflects China Cash Squeeze
Agricultural Bank of China's $22 billion initial public offering is making headlines as potentially the world's biggest. It also underlining the cash squeeze
Asian Stocks Down Despite Wall Street Gains
Asian markets retreated Wednesday, with investors losing their appetite for stocks after a disappointing U.S. services sector report pointed to an anemic
Job Losses Has Peaked in Rich Nations Says OECD
Unemployment in rich countries may have peaked — but there are still 17 million more people out of work than at the start of the ...
Toyota Adds Quality Time to Car Development Timeline
Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of ...
Peugeot Citroen Has Record Half Year on China Demand
Strong demand for new cars in China helped French auto maker PSA Peugeot Citroen SA report Wednesday a record number of unit sales
First-Class Stamps to Cost $0.46 in 2011
Buy those Forever stamps now. The cost of mailing a letter is going up again. Fighting to survive a deepening financial crisis, the Postal Service
IMF Boosts Global Growth Forecast Despite Risks
The global economy is recovering faster than expected but Europe's debt crisis might stall the rebound and governments need to shore up shaky
Dow Ends 7-Day Slide with Modest Gain
The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
Service Sector Data Shows Slightly Slower Growth
The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery
Gas Prices Continue Slide After July 4th Weekend
Drivers are finding lower gas pump prices now that the July 4th weekend is over and prices are likely to keep sliding.
Economic Stress Continues Easing in Most U.S. Counties
Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures
World Markets Rise on Bargain Hunting
World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street
Toyota Begins Global Lexus Recall for Engine Defect
Toyota started a global recall over engine defects in its Lexus and Crown models, moving to repair more than 95,000 vehicles in Japan and South ...
Ethnic Vegetables Sprout New Sales for U.S. Farmers
Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Toyota Signals Willingness to Raise China Wages
Toyota's president says the company is open to raising the wages of workers in China, where strikes have disrupted the automaker's operations
J&J to Buy Device Maker Micrus for $480 Mil.
Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments
Avon to Buy Silver Jeweler Silpada for $650 Mil.
Avon Products Inc., a direct seller of beauty products, agreed to buy Silpada Designs for at least $650 million in an effort to expand its ...
Asia Stocks Rise on Booming China Trade
Asian stock markets rose Monday, lifted by robust Chinese trade figures that eased worries the global recovery is losing momentum.
Bank of Korea Raises Growth Forecast to 5.9%
South Korea's central bank raised its forecast for the country's economic growth this year to 5.9 percent on solid exports
China Rating Agency Offers Alternative Risk Assessments
A Chinese firm that aims to compete with Western rating agencies declared Washington a worse credit risk than Beijing in its first report on government
China Foreign Reserves Hit $2.45 Trillion
China's foreign reserves reached $2.45 trillion dollars by the end of June, a 15.1 percent increase year on year, the central bank said Sunday.
China June Imports Skyrocket 53%
China's customs agency on Saturday said exports were up 35 percent in June from a year ago, while imports rose almost 53 percent.
Dow Finishes Week Up 5.3% for Year's Best Gain
The stock market ended its best week in a year with another gain Friday as investors bet that companies will report strong second-quarter earnings.
Healthcare Bill Kick In to Expand Coverage
The first stage of President Barack Obama's health care overhaul is expected to provide coverage to about 1 million uninsured Americans
Peugeot Citroen Signs $1.2 Bil. to Make Cars in China
France's PSA Peugeot Citroen SA signed a deal Friday to set up a euro935 million ($1.2 billion) joint venture to make small, low-emission cars
World Stocks Continue Rise on Korea Rate Hike
World stock markets rose Friday on hopes that global economic growth will prove resilient, with investors viewing a surprise interest rate hike
Bank of Korea Raises Interest on Strong Growth
South Korea's central bank raised its key interest rate Friday from a record low amid prospects for faster growth in the country's economy.
China Renews Google's Web Operating License
Google CEO Eric Schmidt said Thursday he expects Beijing to renew the license the company needs to continue operating a website in China.
Rising Costs Force Big Shift from South Coastal China
Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern
New Jobless Claims Drop Sharply
New claims for unemployment benefits dropped sharply last week, a sign that layoffs could be slowing. At the same time, hundreds of thousands
Tepid June Retail Sales Separate Winners, Losers
Americans focused on deeply discounted clothing that they needed in June amid escalating worries about jobs, resulting in sluggish sales for many retailers
World Stocks Continue Rising on Growth Upgrade
World markets climbed Thursday on hopes that the global economy will recover faster than expected and as investors prepared for a European
Tesla IPO Raises $226 Mil., Shares Surge
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money
Toyota Reports Faulty Engines in 270,000 Cars
Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines
Microsoft Kills Off Kin Line of Phones Mid-Rollout
For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two
Scientists Conduct Toyota Acceleration Study
The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study
Ford Pays $4 Bil. More to Reduce Debt Load
Ford Motor Co. says it's making another $4 billion payment on its huge debt.
Britain May Slip Back into Recession on Weak Exports
Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets
Asia Falls on Fears of Slowing in China, U.S.
European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries
China Honey Producers Run Afoul of Tough U.S. Laws
Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...
Consumer Confidence Falls Most Since Feb.
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...
Stocks Skid on Renewed Global Slowdown Fears
No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies
Japan Business Confidence at 2-Year High
Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.
Distillers Dare Drinkers to Try Flesh-Flavored Vodkas
Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored
Foxconn to Build Megaplant in China Despite Deaths
Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings
Google Agrees to Stop Sending China Search to HK
Google Inc. said Tuesday it will stop automatically rerouting users of its China search site to its Hong Kong site after Beijing threatened the company
Japan's Economic Recovery Faltered in May
Japan's economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate
Japan Machinery Orders Fell 9.1% in May
Japan's machinery orders, a closely watched indicator of future business investment, dropped more than expected in May, signaling that a recovery
YouTube Tries to Emulate Boob Tube
YouTube is trying to become as brainless and painless to watch as the boob tube. In the process, the Web's leading video site hopes to ...
Massive ABC IPO Reflects China Cash Squeeze
Agricultural Bank of China's $22 billion initial public offering is making headlines as potentially the world's biggest. It also underlining the cash squeeze
Asian Stocks Down Despite Wall Street Gains
Asian markets retreated Wednesday, with investors losing their appetite for stocks after a disappointing U.S. services sector report pointed to an anemic
Job Losses Has Peaked in Rich Nations Says OECD
Unemployment in rich countries may have peaked — but there are still 17 million more people out of work than at the start of the ...
Toyota Adds Quality Time to Car Development Timeline
Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of ...
Peugeot Citroen Has Record Half Year on China Demand
Strong demand for new cars in China helped French auto maker PSA Peugeot Citroen SA report Wednesday a record number of unit sales
First-Class Stamps to Cost $0.46 in 2011
Buy those Forever stamps now. The cost of mailing a letter is going up again. Fighting to survive a deepening financial crisis, the Postal Service
IMF Boosts Global Growth Forecast Despite Risks
The global economy is recovering faster than expected but Europe's debt crisis might stall the rebound and governments need to shore up shaky
Dow Ends 7-Day Slide with Modest Gain
The Dow Jones industrial average broke a seven-day slide Tuesday after traders sifted through the market for beaten-down stocks.
Service Sector Data Shows Slightly Slower Growth
The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery
Gas Prices Continue Slide After July 4th Weekend
Drivers are finding lower gas pump prices now that the July 4th weekend is over and prices are likely to keep sliding.
Economic Stress Continues Easing in Most U.S. Counties
Two-thirds of U.S. counties became economically healthier in May, thanks to more manufacturing jobs in the Midwest and fewer home foreclosures
World Markets Rise on Bargain Hunting
World markets rose Tuesday as investors scooped up stocks that had been pummeled last week and anticipated a rally on Wall Street
Toyota Begins Global Lexus Recall for Engine Defect
Toyota started a global recall over engine defects in its Lexus and Crown models, moving to repair more than 95,000 vehicles in Japan and South ...
Ethnic Vegetables Sprout New Sales for U.S. Farmers
Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Toyota Signals Willingness to Raise China Wages
Toyota's president says the company is open to raising the wages of workers in China, where strikes have disrupted the automaker's operations
J&J to Buy Device Maker Micrus for $480 Mil.
Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments
Avon to Buy Silver Jeweler Silpada for $650 Mil.
Avon Products Inc., a direct seller of beauty products, agreed to buy Silpada Designs for at least $650 million in an effort to expand its ...
Asia Stocks Rise on Booming China Trade
Asian stock markets rose Monday, lifted by robust Chinese trade figures that eased worries the global recovery is losing momentum.
Bank of Korea Raises Growth Forecast to 5.9%
South Korea's central bank raised its forecast for the country's economic growth this year to 5.9 percent on solid exports
China Rating Agency Offers Alternative Risk Assessments
A Chinese firm that aims to compete with Western rating agencies declared Washington a worse credit risk than Beijing in its first report on government
China Foreign Reserves Hit $2.45 Trillion
China's foreign reserves reached $2.45 trillion dollars by the end of June, a 15.1 percent increase year on year, the central bank said Sunday.
China June Imports Skyrocket 53%
China's customs agency on Saturday said exports were up 35 percent in June from a year ago, while imports rose almost 53 percent.
Dow Finishes Week Up 5.3% for Year's Best Gain
The stock market ended its best week in a year with another gain Friday as investors bet that companies will report strong second-quarter earnings.
Healthcare Bill Kick In to Expand Coverage
The first stage of President Barack Obama's health care overhaul is expected to provide coverage to about 1 million uninsured Americans
Peugeot Citroen Signs $1.2 Bil. to Make Cars in China
France's PSA Peugeot Citroen SA signed a deal Friday to set up a euro935 million ($1.2 billion) joint venture to make small, low-emission cars
World Stocks Continue Rise on Korea Rate Hike
World stock markets rose Friday on hopes that global economic growth will prove resilient, with investors viewing a surprise interest rate hike
Bank of Korea Raises Interest on Strong Growth
South Korea's central bank raised its key interest rate Friday from a record low amid prospects for faster growth in the country's economy.
China Renews Google's Web Operating License
Google CEO Eric Schmidt said Thursday he expects Beijing to renew the license the company needs to continue operating a website in China.
Rising Costs Force Big Shift from South Coastal China
Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern
New Jobless Claims Drop Sharply
New claims for unemployment benefits dropped sharply last week, a sign that layoffs could be slowing. At the same time, hundreds of thousands
Tepid June Retail Sales Separate Winners, Losers
Americans focused on deeply discounted clothing that they needed in June amid escalating worries about jobs, resulting in sluggish sales for many retailers
World Stocks Continue Rising on Growth Upgrade
World markets climbed Thursday on hopes that the global economy will recover faster than expected and as investors prepared for a European
Tesla IPO Raises $226 Mil., Shares Surge
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money
Toyota Reports Faulty Engines in 270,000 Cars
Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines
Microsoft Kills Off Kin Line of Phones Mid-Rollout
For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two
Scientists Conduct Toyota Acceleration Study
The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study
Ford Pays $4 Bil. More to Reduce Debt Load
Ford Motor Co. says it's making another $4 billion payment on its huge debt.
Britain May Slip Back into Recession on Weak Exports
Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets
Asia Falls on Fears of Slowing in China, U.S.
European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries
China Honey Producers Run Afoul of Tough U.S. Laws
Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...
Consumer Confidence Falls Most Since Feb.
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...
Stocks Skid on Renewed Global Slowdown Fears
No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies
Japan Business Confidence at 2-Year High
Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.
Distillers Dare Drinkers to Try Flesh-Flavored Vodkas
Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored
Foxconn to Build Megaplant in China Despite Deaths
Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings
Google Agrees to Stop Sending China Search to HK
Google Inc. said Tuesday it will stop automatically rerouting users of its China search site to its Hong Kong site after Beijing threatened the company
Japan's Economic Recovery Faltered in May
Japan's economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate
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