Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
Business
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
Stocks Surge on Euro Defense Efforts
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal
290,000 Jobs Added in April but Jobless Rate Rises
More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
Asia Stocks Slide, Europe Steadies
European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries
Zurich Financial Reports 76% Profit Jump
Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters
Indonesian Ancient Treasure Auction Sinks
A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed
World Stocks Fall Again As 3 Killed in Greek Strike
World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread
Firefox 4 to Lose Menu Items to Gain Speed
A new version of the popular Firefox browser will come before the end of the year. Firefox 4 will pare down the browser's menus and ...
SAP Buys Sybase to Bolster Fight Against Oracle
German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
Microsoft Offers Free Office Apps Online
Microsoft Corp. is rolling out a new edition of its Office programs to businesses Wednesday, and for the first time it's adding versions of Word
Korea Keeps Rate at Record Low Despite 5.2% Growth
South Korea's central bank left its key interest rate at a record low Wednesday for a 15th straight month amid expectations the country's economy
SEC Still Can't Figure Out What Caused Plunge
The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure
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 Profits Surge on Costcutting, Global Recovery
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales ...
Stocks Slide in Asia, Europe As Euro Relief Rally Fades
World stocks fell Tuesday as a relief rally triggered by a $1 trillion plan to contain Europe's debt crisis fizzled out.
Samsung Plans $20.6 Bil. New Tech Investments
Samsung said Tuesday it plans to invest 23.3 trillion won ($20.6 billion) over the next decade in technologies including solar cells and medical devices
Toyota Prius Tops Japan Sales for 12th Month
Toyota's Prius hybrid was Japan's top-selling car in April, clinching the No. 1 spot for the 12th straight month.
China Inflation at Worrisome 2.8% on Food Price Surge
China's inflation accelerated to 2.8 percent in April, driven by a jump in politically sensitive food prices, adding to pressure for Beijing to cool its ...
Dish May Have to Shut Down 7.3 Mil. DVRs
Dish Network Corp. reported a 26 percent drop in first-quarter net income as the satellite TV company stepped up promotions to reel in customers.
Sprint Joins Verizon in Jilting Google's Nexus One
Sprint Nextel has had a change of heart and scrapped its plans to back Google's Nexus One mobile phone.
Car Czar Thinks Taxpayers Can Get $40 Bil. from GM
The U.S. government could get back $40 billion of its $50 billion investment in General Motors Co., and the difference will have been well spent
Chrysler Moving Swiftly toward Profitability, IPO
Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.
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
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.
iPad Sales Hit 2 Mil. Mark
Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.
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 ...
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 ...
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.
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
Stocks Surge on Euro Defense Efforts
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal
290,000 Jobs Added in April but Jobless Rate Rises
More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
Asia Stocks Slide, Europe Steadies
European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries
Zurich Financial Reports 76% Profit Jump
Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters
Indonesian Ancient Treasure Auction Sinks
A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed
World Stocks Fall Again As 3 Killed in Greek Strike
World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread
Firefox 4 to Lose Menu Items to Gain Speed
A new version of the popular Firefox browser will come before the end of the year. Firefox 4 will pare down the browser's menus and ...
SAP Buys Sybase to Bolster Fight Against Oracle
German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
Microsoft Offers Free Office Apps Online
Microsoft Corp. is rolling out a new edition of its Office programs to businesses Wednesday, and for the first time it's adding versions of Word
Korea Keeps Rate at Record Low Despite 5.2% Growth
South Korea's central bank left its key interest rate at a record low Wednesday for a 15th straight month amid expectations the country's economy
SEC Still Can't Figure Out What Caused Plunge
The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure
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 Profits Surge on Costcutting, Global Recovery
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales ...
Stocks Slide in Asia, Europe As Euro Relief Rally Fades
World stocks fell Tuesday as a relief rally triggered by a $1 trillion plan to contain Europe's debt crisis fizzled out.
Samsung Plans $20.6 Bil. New Tech Investments
Samsung said Tuesday it plans to invest 23.3 trillion won ($20.6 billion) over the next decade in technologies including solar cells and medical devices
Toyota Prius Tops Japan Sales for 12th Month
Toyota's Prius hybrid was Japan's top-selling car in April, clinching the No. 1 spot for the 12th straight month.
China Inflation at Worrisome 2.8% on Food Price Surge
China's inflation accelerated to 2.8 percent in April, driven by a jump in politically sensitive food prices, adding to pressure for Beijing to cool its ...
Dish May Have to Shut Down 7.3 Mil. DVRs
Dish Network Corp. reported a 26 percent drop in first-quarter net income as the satellite TV company stepped up promotions to reel in customers.
Sprint Joins Verizon in Jilting Google's Nexus One
Sprint Nextel has had a change of heart and scrapped its plans to back Google's Nexus One mobile phone.
Car Czar Thinks Taxpayers Can Get $40 Bil. from GM
The U.S. government could get back $40 billion of its $50 billion investment in General Motors Co., and the difference will have been well spent
Chrysler Moving Swiftly toward Profitability, IPO
Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.
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
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.
iPad Sales Hit 2 Mil. Mark
Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.
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 ...
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 ...
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.
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