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Hybrids Take Center Stage at Geneva

Hybrid or hype? More and more automakers rolled out their newest hybrids, or announced plans to do so, at the Geneva Auto Show on Tuesday, ...

Ford Posts 43% Sales Jump, Passes GM

Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...

GM Sales Rise 11.5% in February

Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.

Asia Stocks Up on Hopeful Economic Data

Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global

Toyota Fixes Leaky Oil Hoses in U.S., Japan

Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses

Toyota Apologizes to Europe at Geneva Auto Show

Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show

S. Korea Gas Co. to Develop Canada Fields

South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.

Japan Unemployment Rate Fell in January

3/1/2010 6:53 PM TOKYO (AP)

Power Struggle Scuttles Suntory-Kirin Merger

A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's

January Chip Sales Up 47.2%

Worldwide semiconductor sales came in at $22.5 billion in January — 47.2 percent above year-earlier levels — the Semiconductor Industry Association reported Monday.

Personal Incomes Flat, Spending Grows in January

Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients

Buffet Says Health Care Costs Hurt U.S. Economy

Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an "economic tape worm."

Dish Network Gains Subscribers, Profits Beat Views

Dish Network's aggressive advertising blitz grabbed more subscribers for the third straight quarter, the company reported Monday, though that cut into profits

Asian Stocks Rise Again on China Manufacturing Growth

Asian stock markets advanced Monday, with Hong Kong's index up nearly 2 percent, after China said manufacturing continued to grow

Geneva Auto Show Marks Transition to Rocky Recovery

For most of the world's automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam

Toyota Plant Seen As Salvation for Mississippi Town

Terry McShan isn't thinking about car sales analyses or excess capacity when he drives by the idle Toyota plant in northeast Mississippi. He's thinking about ...

Akio Toyoda to Apologizes to China's Consumers

Toyota says its president Akio Toyoda will speak to reporters in Beijing on Monday about the company's recent quality problems.

Cadbury Agrees to $18.9 Bil. Kraft Takeover Offer

British candy maker Cadbury PLC on Tuesday accepted and recommended to shareholders Kraft's improved takeover offer worth $18.9 billion

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'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

Ad Revenues Expected to Rise in 2010

company that tracks advertising trends raised its outlook for the year Tuesday and said the two-year slump in U.S. ad revenue may be ending.

SoCal Home Median Prices Rose in November

The median home price in Southern California posted its first year-on-year gain last month since the summer of 2007

Baidu Shares Drop on Departure of CTO Yinan Li

Shares of Baidu Inc. fell Tuesday after China's leading search engine operator said its chief technology officer has resigned

Marriage Elevates Economic Status of More Men

Historically, marriage was the surest route to financial security for women. Nowadays it's men who are increasingly getting the biggest economic boost

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

Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss

Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid

Google Cancels China Cell Phone Launch Amid Row

Google on Tuesday postponed the launch of its mobile phone in China, adding to the potential commercial fallout of its dispute with Beijing over Internet

JAL Files for Bankruptcy with $25.6 Bil. Debt

Japan Airlines filed for bankruptcy Tuesday in one of the nation's biggest corporate failures ever, entering a restructuring

Singapore Exports Jumped 26% in December

Singapore's exports jumped in December for the second straight month as global demand for the city-state's electronics surged.

Saudi Tycoon Seeks Broader Ties with News Corp

The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances

Alibaba Calls Yahoo Stand on Google Reckless

China's e-commerce giant Alibaba turned on major shareholder Yahoo Inc. on Saturday, calling the American company's support of Google

L.A. Film Production Fell 19% in 2009

Movie and TV filming on the streets of Los Angeles plummeted last year but a new state tax credit program helped stop some runaway production.

JPMorgan Profits Soar Despite Rising Consumer Loan Losses

JPMorgan Chase & Co.'s profit rose more than four-fold to $3.28 billion in the last three months of 2009, but the results released Friday

GM's Opel to Cut 8,300 Jobs in Europe

General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium

Boeing Expected to Post Solid Q4 Profits

Boeing Co., the world's second-largest commercial aircraft maker after Europe's Airbus, reports its fourth-quarter results on Wednesday.

AOL to Buy Web Video Firm for $36.5 Mil.

AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...

Chrysler Seeks Clear Identities for Dodge, Chrysler

Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing

Ericsson to Cut 1,500 Jobs After Dismal Q4

Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after reporting a 92 percent drop in fourth-quarter ...

GE Sees Growth Ahead Despite Profits Drop

General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key rebuilding ...

McDonald's Revenues, Profits Jump

More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...

World Stocks Slump on Obama Bank Speech

World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.

China Declares Crisis Over, Shifts Focus to Inflation

China declared it is over the global crisis and signaled a shift in focus to controlling inflation

Obama Pushes to Limit Proprietary Trading by Big Banks

President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.

China's Mobile Web Population Doubled in 2009

China's population of Internet users, already the world's largest, soared nearly 30 percent last year to 384 million as the number of people surfing the ...

Conan, Staff to Exit NBC for $45 Mil.

NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...

Xerox Profits Jump on Cost-Cutting

Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.

New Jobless Claims Rise Unexpectedly

The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.