Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Business
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
Tiger Woods Endorsements Fall $22 Mil. in 2010
Tiger Woods' estimated endorsements for 2010 are worth $22 million less than last year, according to Sports Illustrated's annual analysis
ING Q2 Earnings Jump on Healthy Lending Growth
ING Groep NV, the Dutch bank and insurance company, Wednesday reported a sharp rise in second quarter earnings, mostly because it avoided some
Nestle Profits Rise 7.5% on Robust Sales Growth
Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to 5.45 billion Swiss francs ($5 billion)
World Stocks Fall on Anxiety Over Growth Prospects
World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch
Chipmaker Shares Suffer from Fears of PC Slowdown
Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks
Netflix to Pay $1 Bil. to Stream Paramount, MGM Films
Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM
Google to Debut Street View in Germany Despite Attacks
Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced
China Exports Surge 38.1%, Imports Up 22.9%
China's exports grew strongly in July but import growth fell as its rapid economic expansion cooled, possibly hurting global demand.
Verizon, Google Outline Broadband Rules for ISPs
Phone and cable TV companies that provide Internet access should be barred from slowing down, blocking or charging to prioritize Internet traffic
Honda Recalls 400,000 Cars for Ignition Switch Glitch
Honda Motor Co. is recalling the popular Accord and Civic passenger cars to address problems with an ignition switch that could allow the key
Distillers Dare Drinkers to Try Flesh-Flavored Vodkas
Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored
Toyota Reports Faulty Engines in 270,000 Cars
Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines
Microsoft Kills Off Kin Line of Phones Mid-Rollout
For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two
Scientists Conduct Toyota Acceleration Study
The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study
Ford Pays $4 Bil. More to Reduce Debt Load
Ford Motor Co. says it's making another $4 billion payment on its huge debt.
Britain May Slip Back into Recession on Weak Exports
Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets
Asia Falls on Fears of Slowing in China, U.S.
European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries
China Honey Producers Run Afoul of Tough U.S. Laws
Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...
Consumer Confidence Falls Most Since Feb.
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...
Stocks Skid on Renewed Global Slowdown Fears
No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies
Tesla IPO Raises $226 Mil., Shares Surge
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money
Japan Business Confidence at 2-Year High
Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.
Foxconn to Build Megaplant in China Despite Deaths
Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings
Google Agrees to Stop Sending China Search to HK
Google Inc. said Tuesday it will stop automatically rerouting users of its China search site to its Hong Kong site after Beijing threatened the company
Japan's Economic Recovery Faltered in May
Japan's economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate
Interest Rates Falls to Lowest Level in 14 Months
A darkening view of the economy sent bond market interest rates to their lowest level in 14 months and kept many investors out of the ...
Apple Sells 1.7 Mil. iPhone 4 in 3 Days
Apple Inc. said Monday that it sold more than 1.7 million units of its new iPhone model in the first three days, making it the ...
U.S. Forced to Turn to Asia for Shrimp
As the Gulf Coast oil spill continues to gush, U.S. seafood suppliers are turning to Asia to ensure Americans have enough shrimp for their gumbos, ...
Consumer Spending, Incomes Up Slightly in May
Consumer spending rose slightly in May, a sign that Americans are cautious about the economic recovery.
Japan Carmakers Report Global Production Surge
Toyota's global car production zoomed 27 percent in May as Japanese automakers benefit from improving demand in Asia and the U.S.
Neighborhood Gas Stations Suffer from BP Boycott
Tension is mounting between BP and the neighborhood retailers that sell its gasoline.
Gas Prices Likely to Fall Over July 4th Weekend
The economy may be making people nervous, but drivers should have a happy Fourth of July at the pump.
Ethnic Vegetables Sprout New Sales for U.S. Farmers
Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
Euro Continues Rising on Greek Progress
The euro gained ground against the dollar on Thursday as European and International Monetary Fund inspectors said Greece has made considerable
Unilever Predicts Tough Times, Reports Q2 Growth
Unilever NV on Thursday reported a 39 percent rise in second quarter net profit, but the maker of Lipton tea, Dove soap and Ben & ...
Rio Tinto Profits Treble on China Iron Ore Demand
Mining giant Rio Tinto said first-half profit more than tripled amid strong iron ore demand from China and higher commodity prices
Toyota Prius Tops Japan Sales for 15th Straight Month
Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese
Private Sector Hiring, Service Growth Boost Stocks
Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy
Time Warner Profits Rise on Ad Rebound, Box Office
A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate
China Industrial Growth Slips to 13.4%
China's industrial growth slowed further in July as Beijing clamped down on a credit boom, fueling expectations it will ease monetary policy
Korean Air Operating Profit Doubles but Loses on Fuel
Korean Air, South Korea's biggest airline, said Friday it sank to a loss in the second quarter as a weak won swelled its fuel costs.
Asian Stocks End Losing Streak on Bargain Hunting
Most Asian stock markets posted mild gains Friday as investors hunted for bargains following a three-day losing streak.
Google Beefs Up Voice Controls on Android Phones
Just because mobile phones are becoming more like small computers doesn't mean you should have to do a lot of typing on them.
GM Posts $1.33 Bil. Profit for Q2, CEO Steps Down
General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to ...
Jobless Claims at Highest Level Since February
The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
Xinhua, China Mobile Launch Search Joint Venture
The state-run Xinhua News Agency said Thursday it will launch a search venture, giving Google a new, well-financed rival following
Europe Cuts Dream Projects to Reduce Budget Deficits
A rebuilt Prussian palace in Berlin. High-speed rail from Lisbon to Kiev. A new visitor center for Britain's Stonehenge. They're just some of the big-ticket
S. Korea Leaves Interest Rate at 2.25%
South Korea's central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising
Macy's Q2 Profits Surge on Growing Market Share
Macy's Inc.'s net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price
Tiger Woods Endorsements Fall $22 Mil. in 2010
Tiger Woods' estimated endorsements for 2010 are worth $22 million less than last year, according to Sports Illustrated's annual analysis
ING Q2 Earnings Jump on Healthy Lending Growth
ING Groep NV, the Dutch bank and insurance company, Wednesday reported a sharp rise in second quarter earnings, mostly because it avoided some
Nestle Profits Rise 7.5% on Robust Sales Growth
Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to 5.45 billion Swiss francs ($5 billion)
World Stocks Fall on Anxiety Over Growth Prospects
World markets dropped Wednesday despite a late rally on Wall Street as investors gave a lukewarm reception to the Federal Reserve's latest batch
Chipmaker Shares Suffer from Fears of PC Slowdown
Shares of chipmakers Intel Corp., Advanced Micro Devices Inc. and Nvidia Corp. dropped Tuesday as analysts said demand for computers looks
Netflix to Pay $1 Bil. to Stream Paramount, MGM Films
Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM
Google to Debut Street View in Germany Despite Attacks
Google will introduce its "Street View" mapping feature for 20 of Germany's largest cities before the end of the year, the company announced
China Exports Surge 38.1%, Imports Up 22.9%
China's exports grew strongly in July but import growth fell as its rapid economic expansion cooled, possibly hurting global demand.
Verizon, Google Outline Broadband Rules for ISPs
Phone and cable TV companies that provide Internet access should be barred from slowing down, blocking or charging to prioritize Internet traffic
Honda Recalls 400,000 Cars for Ignition Switch Glitch
Honda Motor Co. is recalling the popular Accord and Civic passenger cars to address problems with an ignition switch that could allow the key
Distillers Dare Drinkers to Try Flesh-Flavored Vodkas
Prepare your palate for carnivorous cocktails. The Alaska Distillery in Wasilla just recently launched its Smoked Salmon Flavored
Toyota Reports Faulty Engines in 270,000 Cars
Toyota Motor Corp. said Thursday about 270,000 vehicles sold worldwide, including luxury Lexus sedans, have faulty engines
Microsoft Kills Off Kin Line of Phones Mid-Rollout
For Microsoft, there will be no next of Kin. The company said Wednesday it will halt the planned rollout of Kin One and Kin Two
Scientists Conduct Toyota Acceleration Study
The government said Wednesday it had not uncovered any electronic problems in runaway Toyotas as a scientific panel started work on an extensive study
Ford Pays $4 Bil. More to Reduce Debt Load
Ford Motor Co. says it's making another $4 billion payment on its huge debt.
Britain May Slip Back into Recession on Weak Exports
Britain could be pushed back into recession by the government's austerity moves and slow recovery in key export markets
Asia Falls on Fears of Slowing in China, U.S.
European markets edged higher in volatile trading Wednesday a day after logging steep losses, while major Asian indexes closed down on worries
China Honey Producers Run Afoul of Tough U.S. Laws
Businessman Yan Yongxiang was trying to get around stiff U.S. levies on imports of cheap Chinese honey. So he sent 15 shipping containers of cut-rate ...
Consumer Confidence Falls Most Since Feb.
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday and left a key index at its lowest level of the ...
Stocks Skid on Renewed Global Slowdown Fears
No matter where they look, investors are seeing economic trouble. Stocks and interest rates plunged Tuesday after signs of slowing economies
Tesla IPO Raises $226 Mil., Shares Surge
Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money
Japan Business Confidence at 2-Year High
Major Japanese manufacturers — riding high from a booming Asia — haven't felt this good in two years.
Foxconn to Build Megaplant in China Despite Deaths
Foxconn Technology, a supplier to Apple Inc., looks ready to build a huge new factory in north-central China despite the company's own misgivings
Google Agrees to Stop Sending China Search to HK
Google Inc. said Tuesday it will stop automatically rerouting users of its China search site to its Hong Kong site after Beijing threatened the company
Japan's Economic Recovery Faltered in May
Japan's economic recovery faltered in May as moderating export demand dented factory output, household spending fell and the jobless rate
Interest Rates Falls to Lowest Level in 14 Months
A darkening view of the economy sent bond market interest rates to their lowest level in 14 months and kept many investors out of the ...
Apple Sells 1.7 Mil. iPhone 4 in 3 Days
Apple Inc. said Monday that it sold more than 1.7 million units of its new iPhone model in the first three days, making it the ...
U.S. Forced to Turn to Asia for Shrimp
As the Gulf Coast oil spill continues to gush, U.S. seafood suppliers are turning to Asia to ensure Americans have enough shrimp for their gumbos, ...
Consumer Spending, Incomes Up Slightly in May
Consumer spending rose slightly in May, a sign that Americans are cautious about the economic recovery.
Japan Carmakers Report Global Production Surge
Toyota's global car production zoomed 27 percent in May as Japanese automakers benefit from improving demand in Asia and the U.S.
Neighborhood Gas Stations Suffer from BP Boycott
Tension is mounting between BP and the neighborhood retailers that sell its gasoline.
Gas Prices Likely to Fall Over July 4th Weekend
The economy may be making people nervous, but drivers should have a happy Fourth of July at the pump.
Ethnic Vegetables Sprout New Sales for U.S. Farmers
Maxixe, a Brazilian relative of the cucumber, is relatively unknown in the U.S., but it may one day be as common as cilantro as farmers ...
Greece Upbeat As Debt Crisis Eases
Debt-hobbled Greece may see a slightly milder than expected recession this year and aims to issue bonds again on international markets in 2011
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