More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
Business
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Obama to Push 3 Stimulus Measures in Ohio Speech
Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Top China Firms Surpass U.S. in Profit-to-Sales Ratios
The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Sony Pursues 3-D TV Without Glasses
Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles
Chinese Firms Tap Foreign Stars for Global Image
Kevin Garnett wore his affection for China's booming sportswear market on his back as the NBA star arrived in Beijing in August.
Google to Offer Free PC-to-Phone Calling
Google Inc. is adding a free e-mail feature that may persuade more people to cut the cords on their landline phones.
India Admits Chinese Telecom Gear on Tough Terms
India has relaxed an eight-month ban on imports of telecommunication equipment, approving orders from China's ZTE and Huawei and Finland's Nokia
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
Korean Tablets Debut Ahead of iPad Launch
Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens
Carbuyers Likely to See Fewer Deals This August
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers
Eurozone Inflation Eases to 1.6%
Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European
New U.S. Import Duties Likely on Chinese Aluminum
Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
Dollar Falls to 15-Year Low Against Yen
The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe ...
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Obama to Push 3 Stimulus Measures in Ohio Speech
Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives
World Stocks Slip on Europe Bank Debt Fears
World stock markets mostly slipped Wednesday amid new concerns about European banks' exposure to risky debt and as the yen's rise to a fresh
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
Japan Machinery Orders Up 8.8% in July
Japan's machinery orders, a key gauge of future business investment, rose the most in seven months, a sign that companies are more confident
Google Milks Daily Animated Doodle for Publicity
For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists
China to Cut Trade Surplus with Hi-Tech Imports
China has begun a drive to expand imports of hi-tech products and equipment from countries with which it runs a trade surplus
Stocks Slip on Europe Bank Fears, High Yen
Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
Top China Firms Surpass U.S. in Profit-to-Sales Ratios
The operating revenues of China's 500 largest firms rose to 41.5% of their U.S. counterparts, according to the China Enterprise Confederation
China Rises to Fifth in Oubound Direct Investment
The $56.5 billion China invested overseas in 2009 makes it the world's fifth largest global investor, reports China Daily citing the Ministry of Commerce.
Obama to Push $50 Bil. Infrastructure Jobs Projects
Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
World Stocks Rise on U.S. Uptick, German Data
World stock markets mostly rose Thursday, helped by late gains on Wall Street and more strong German data, though apprehension over a slowing
German Consumer Confidence Rises
German consumers are upbeat about their economy, a closely watched survey showed Thursday, reflecting the country's overall positive economic trend
Sony Pursues 3-D TV Without Glasses
Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles
Chinese Firms Tap Foreign Stars for Global Image
Kevin Garnett wore his affection for China's booming sportswear market on his back as the NBA star arrived in Beijing in August.
Google to Offer Free PC-to-Phone Calling
Google Inc. is adding a free e-mail feature that may persuade more people to cut the cords on their landline phones.
India Admits Chinese Telecom Gear on Tough Terms
India has relaxed an eight-month ban on imports of telecommunication equipment, approving orders from China's ZTE and Huawei and Finland's Nokia
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
Korean Tablets Debut Ahead of iPad Launch
Korean companies aren't waiting for Apple's iPad launch to debut tablets aimed at people who want the mobility of smart phones but with touch-screens
Carbuyers Likely to See Fewer Deals This August
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers
Eurozone Inflation Eases to 1.6%
Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European
New U.S. Import Duties Likely on Chinese Aluminum
Analysts say the Obama administration, under congressional pressure to take a tough stance on Chinese trade policies, is expected to declare
Nikkei Leads Asian Stocks Down
Asian markets lost ground Tuesday as a strong yen pummeled Japanese shares and after Wall Street fell amid pessimism about the U.S. economy.
Japan Factory Output Rose 0.3% in July
Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals
Consumer Spending Rose 0.4% in July
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Intel Buys Infineon's Wireless Unit for $1.4 Bil.
Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
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