U.S. Firm to Build $5 Bil. Solar Power Plant in China

A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...

Jobless Rate May Stay High As Employers Keep Pruning

Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs

Mercedes Sales Up 12% in December

Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...

Taiwan Semi Reports 130% Chip Sales Jump

Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled

Asia Stocks Mostly Higher Ahead of U.S. Jobs Report

Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...

Ford Shakes Up U.S. Car Market with Transit Connect

The new Ford Transit Connect has a strange name, a compact European delivery van appearance and a ceiling that's so tall, someone sitting in the ...

Tokyo SE Upgrades to High-Speed Trading System

The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform

California Faces More Painful Budget Cuts in 2010

During last summer's fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California's budget

Wisconsin Ginseng Growers Take Root in China

Wisconsin farmer Butch Weege has never met Sun Dan, a 34-year-old makeup artist who lives in Beijing

China Manufacturing Rose at Fastest Rate in 20 Months

An index of China's manufacturing rose in December, expanding at its fastest rate in 20 months

Delta, Northwest Win Approval to Act As Single Carrier

Delta Air lines Inc. has received government permission to operate its namesake service and its Northwest Airlines subsidiary as a single carrier

International Firms Projected to See Big Growth in 2010

Companies with international operations are set to take advantage of a global economic recovery in 2010, continuing the rally that began in 2009.

Asian Markets Close 2009 on High Note

Asian stock markets added to a year of big gains in the final day of trading for 2009.

Kodak Sells Organic LED Unit to LG

Eastman Kodak Co. said Wednesday it had completed the previously announced sale of its organic LED, or light-emitting diode display, business

Networks Fudge No-Pay Interview Policy

Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit

JAL Shares Dive on New Bankruptcy Fears

Japan Almost Makes Up for Plunge in U.S. Hawaii Visits

The number of visitors traveling to Hawaii fell 1.4 percent in November from the same month a year earlier as the weak economy continued to ...

GMAC Gets $3.5 Bil. More Federal Aid

GMAC Financial Services is expected to receive $3.5 billion more in federal aid to further stabilize the automotive lender

Nokia Claims All Apple Products Infringe Patents

Nokia Corp. is broadening a legal dispute it already has with Apple Inc. over the iPhone, saying almost all of the company's other products also ...

Consumer Confidence Up in December but Still Weak

Americans are ending 2009 feeling better about the economy than when the year began, buoyed by optimism that job prospects will improve

Networks May Ditch Broadcast TV As Ad Profits Shrink

For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials.

Asia Markets Mixed in Very Light Holiday Trading

Asian stocks markets were narrowly mixed in dwindling holiday trade Tuesday after Wall Street posted muted gains.

Google Faces China Lawsuit Over Book Scanning

A Chinese novelist is suing Google Inc. over its project to scan books into its online library.

China Pulls Out of $40 Bil. Australia Gas Deal

Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum ...

Amazon Unveils Global Version of Kindle

Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales

Billionaire Rajaratnam to Face New SEC Charges

Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million

Google Unveils Nexus One "Super-Mobile" Phone

Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire

Big Carmakers End Awful 2009 with Strong Momentum

Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years.

Powermat Expands Wireless Charging for Cell Phones

Powermat USA helped consumers cut some power cords last year by selling mats that juiced up gadgets placed on top of them.

Manhattan Home Sales Rose As Prices Fell in Q4

Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of ...

Giant Bluefin Tuna Fetches $177,000 at Tsukiji Market

A giant bluefin tuna fetched 16.3 million yen ($177,000) in an auction Tuesday at the world's largest wholesale fish market in Japan.

Japan Auto Sales Fell to Lowest Level in 38 Years

Auto sales in Japan declined to their lowest in 38 years, slumping 9 percent to 2.9 million vehicles for 2009, an industry group said Tuesday.

Obama Considers Levy on Banks

President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance

Apple to Unveil Tablet in January

Speculation intensified Monday that Apple Inc. will soon unveil a tablet-style gadget for consuming music, movies, books and other media.

Google Set to Unveil Own Branded Cell Phone

Google Inc.'s vision for how a mobile phone should be made and sold will likely raise the stakes in the Internet search leader's bid to ...

Obama Pushes Wireless to Rival Cable, Phone Service

The Obama administration is calling on federal regulators to make more radio spectrum available for wireless Internet services so they can compete

Manufacturing Data Shows Accelerating Growth

An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.

Global Chip Sales Saw First Rebound Since Downturn

Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone

China Manufacturing Grew at Fastest Rate Since 2004

China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand

GM's China Sales Up 67% in 2009

General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...

China's HK Signs Italian Designer for U.S. Hybrid Car

A former Chinese carmaker planning a hybrid car assembly plant in Alabama has lined up a veteran engineering and design firm

NY Times to Charge for Online Access in 2011

The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...

Toyota Takes Stake in Argentina Lithium Mining Venture

A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...

U.S. Recession Fed Hiring at Indian Outsourcing Firms

India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.

World Markets Fall on China Lending Curbs

China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs

Baidu Sues Register.com for Hacking Attack

China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking

LG Display Profits Jump on Surge in Q4 Sales

LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged

IBM Profits Rise 9% As Revenue Growth Resumes

IBM Corp. said Tuesday that it managed a 9 percent increase in profit in the last quarter as the technology company's revenue grew for the ...

JAL's Asia Routes Real Prize of American-Delta Contest

Japan Airlines isn't the real prize in the fight between Delta Air Lines and American Airlines over who gets to partner with the troubled carrier.

China Growth Jumps to 10.7% for Q4

China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures