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.
Business
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 ...
Japan Carmakers Enjoy Sales, Export Boom in April
Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.
Ford May Be About to Discontinue Mercury Line
Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision
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.
Data Suggests Jobs Being Added Slowly
Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can
Foxconn to Give China Employees 2nd Pay Raise
Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
Recent Rise in Jobs Data Reflects Temporary Hiring
The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.
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 ...
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
Slowing Productivity Growth Seen As Hopeful Sign
Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...
Jobless Claims Drop for 2nd Straight Week
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
Airline Recovery Quickens on Asia, U.S. Growth
The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe
May Retail Report Shows Spending Slowed
Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending
Ford to End Mercury Production in 2010
Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.
Pending Home Sale Forecasts Boost Stocks
Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.
Most Carmakers Post Double-Digit Gains for May
Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.
Spain's Borrowing Costs Rise to Alarming Levels
Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid
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 ...
Toyota Halts U.S. Sale of Lexus LS Pending Fix
Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...
Yahoo Turns Over Mapping, Navigation to Nokia
Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
2.7 Mil. Log on for Halo Game Beta Test
Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
Wall Street Hit by Late Slide in Financials
Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul
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.
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.
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.
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
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.
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 ...
Japan Carmakers Enjoy Sales, Export Boom in April
Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.
Ford May Be About to Discontinue Mercury Line
Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision
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.
Data Suggests Jobs Being Added Slowly
Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can
Foxconn to Give China Employees 2nd Pay Raise
Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
Recent Rise in Jobs Data Reflects Temporary Hiring
The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.
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 ...
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
Slowing Productivity Growth Seen As Hopeful Sign
Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...
Jobless Claims Drop for 2nd Straight Week
New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
Airline Recovery Quickens on Asia, U.S. Growth
The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe
May Retail Report Shows Spending Slowed
Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending
Ford to End Mercury Production in 2010
Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.
Pending Home Sale Forecasts Boost Stocks
Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.
Most Carmakers Post Double-Digit Gains for May
Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.
Spain's Borrowing Costs Rise to Alarming Levels
Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid
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 ...
Toyota Halts U.S. Sale of Lexus LS Pending Fix
Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...
Yahoo Turns Over Mapping, Navigation to Nokia
Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
2.7 Mil. Log on for Halo Game Beta Test
Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
Wall Street Hit by Late Slide in Financials
Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul
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.
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.
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.
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
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