Oil Slips on Rising Dollar, Inventories

Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies

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

BMW Earns $424 Mil. in Q1 on Strong Revenue Growth

German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars

Time Warner Asked to Stop Claiming Fiber Optics

An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.

Apple's Developer Policy Draws Antitrust Scrutiny

Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming

ADM Profits Surge on Biofuel Demand

Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year

Asian Stocks Rally on Positive Europe News

Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain

GM Celebrate's Suburban's 75th Birthday

The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday

GM's 6.4% April Sales Growth Less Than Expected

General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...

Consumer Spending Growth Financed from Savings

Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...

Avis Offers to Top Hertz Bid for Dollar Thrifty

Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.

United, Continental Merge into World's Biggest Airline

United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.

Asian Stocks Drop as China Raises Bank Reserve

Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation

Shanghai Expo Irresistable Draw for Business World

China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo

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

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.

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 ...

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

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

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.

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 Expert Calls for Akio Toyoda to Step Down

An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors

Singapore GDP Soars 15.5% in Q1

Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back

Japan's Economy Grows for 4th Straight Quarter

Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.

Target Profits Up 29% on Card Boost, Clothing Sales

Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales

Asian Stocks Slide on Euro Pessimism

Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave

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.

Durable Goods Orders Rise 2.9% in April

Orders to U.S. factories for big-ticket manufactured goods surged in April, propelled by a rebound in demand for commercial aircraft.

Recovery Gains Steam in Developed Economies

Ghosn Charged Up about Leaf Electric's U.S. Debut

Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands

Dow's Intraday Plunge Signals Turbulence Ahead

The Dow Jones industrials plunged below 10,000 to their lowest level of the year Tuesday before a late-day rebound that erased most of the losses

Home Prices Fell from February to March

Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired

Consumer Confidence Rises Again in May

Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.

Wal-Mart Slashes 3G iPhone Prices in Half

Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.

Oil Falls to $68 on Europe Fears

Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...

U.S. Drivers Still Showing Restraint at Gas Pump

Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists

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

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