Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Business
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
Sovereign Debt Fears Drag Down World Markets
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
FedEx Raises Earnings on Int'l Shipments Growth
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
New GM CFO to Get $750,000 Plus Stocks
The new chief financial officer at General Motors Co. will receive a salary of $750,000 next year, but he'll get up to another $5.45 million
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
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.
LG to Introduce 3-D TV in May
LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.
Hundreds of Dealerships Could Be Restored by GM
Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration
Apple Ally AT&T to Add Android Phone to Lineup
AT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival
Cell Phones to Receive Free Local TV Broadcasts
The prospect of watching live, local TV shows on mobile phones and other portable devices is getting closer. Manufacturers this week are showing off
Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline
There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
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
Ford's China Sales Up 44% in 2009
Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role
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 ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
Volkswagen Links with Suzuki with 20% Stake
Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...
Pepsi Lowers 2009 Profit View, Signs Dr Pepper
PepsiCo Inc., the world's second-biggest soft drink maker, on Tuesday lowered the top end of its fiscal 2009 profit and sales guidance
Sovereign Debt Fears Drag Down World Markets
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
FedEx Raises Earnings on Int'l Shipments Growth
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
New GM CFO to Get $750,000 Plus Stocks
The new chief financial officer at General Motors Co. will receive a salary of $750,000 next year, but he'll get up to another $5.45 million
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
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.
LG to Introduce 3-D TV in May
LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.
Hundreds of Dealerships Could Be Restored by GM
Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration
Apple Ally AT&T to Add Android Phone to Lineup
AT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival
Cell Phones to Receive Free Local TV Broadcasts
The prospect of watching live, local TV shows on mobile phones and other portable devices is getting closer. Manufacturers this week are showing off
Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline
There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
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
Ford's China Sales Up 44% in 2009
Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role
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 ...
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