News Corp Posts Profits on Advertising Rebound
News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million
Business
Signs of Life in Housing Send Stocks Up
Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.
Toyota Says Flaw in Prius Brakes Fixed Last Month
Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels
Softbank Profits Soar on iPhone Popularity
Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter
Iron-Ore Wars Show Limits of China's Economic Clout
China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...
Sony Pictures Lays Off 450 on Declining DVD Sales
Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs
Online Gamer Changyou.com Posts 34% Profit Jump
Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday
China Netizens Shrug Off Possible Google Exit
When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese
World Stocks Rally on Solid Manufacturing Data
World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week
JAL to Choose Between Delta and American Soon
The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe
Replacement Pedals En Route to Toyota Dealers
Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Korea Posts Biggest Export Jump in 21 Years
South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence
World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe
Toyota Expands Recall to Priuses Sold in U.S., Japan
Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday
Feds Oppose Google's Digital Book Deal
The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...
IPO Market Suddenly Looks Less Promising
Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...
Southwest Expects Record Revenues in 2010
Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.
Firms Boost Productivity Instead of Hiring
Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.
18 Charged in Theft of Samsung Chip Technology
The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18
Corning Profits Triple on Surging TV, Monitor Sales
Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Japan Exports Show First Growth in 15 Months
Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.
China Reassures Phone Companies on Google Android
China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute
Toyota Halts Sales of Some Models for Repairs
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry
Target Pulls Farmed Salmon from Shelves, Sushi
Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores
GM to Build Its Own Electric Motors
General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them
Apple Tablet Could Stimulate Video Game Business
When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...
GM Agrees to Sell Saab to Spyker Cars
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
DuPont Profits Soar on Record Asia Demand
Improved sales across its global markets and lower raw material and energy costs led to a fourth-quarter turnaround for DuPont
Delta Q4 Loss Shrinks to $25 Mil.
Delta Air Lines posted a $25 million net loss for the final three months of 2009, much smaller than a year earlier.
UK Economy Grew Just 0.1% in Q4
Britain's worst recession since World War II is officially over — but only just.
Air New Zealand Offers Bed Seat in Economy
Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a ...
Toyota Expects Sales to Grow to 8.27 Mil.
Toyota said Tuesday it plans to sell 8.27 million vehicles worldwide this year, up 6 percent from 2009, showing the world's No. 1 automaker is ...
Shiseido Starts $1.7 Bil. Offer for Bare Escentuals
Japanese cosmetics maker Shiseido Co. said Monday it has started a tender offer to buy all outstanding shares of Bare Escentuals
Apple Earned Record Profits in Q4
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...
Wall Street Shrugs Off Bad December Housing Data
European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
China Manufacturing Grows Despite Tighter Lending
China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control
News Corp Posts Profits on Advertising Rebound
News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million
Signs of Life in Housing Send Stocks Up
Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.
Toyota Says Flaw in Prius Brakes Fixed Last Month
Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels
Softbank Profits Soar on iPhone Popularity
Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter
Iron-Ore Wars Show Limits of China's Economic Clout
China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...
Sony Pictures Lays Off 450 on Declining DVD Sales
Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs
Online Gamer Changyou.com Posts 34% Profit Jump
Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday
China Netizens Shrug Off Possible Google Exit
When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese
World Stocks Rally on Solid Manufacturing Data
World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week
JAL to Choose Between Delta and American Soon
The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe
Replacement Pedals En Route to Toyota Dealers
Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...
Toyota Chairman Apologizes for Brake Worries
Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Australian Coal Miner Inks Record Export Deal with China
Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.
Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme
An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...
Dollar Surges Against Euro on Greek Debt Crisis
The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...
Surprise Drop in Jobless Soothes Jumpy Markets
European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried
Korea Posts Biggest Export Jump in 21 Years
South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer
BMW Sales More Than Double in China
Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.
U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence
World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe
Toyota Expands Recall to Priuses Sold in U.S., Japan
Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday
Feds Oppose Google's Digital Book Deal
The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...
IPO Market Suddenly Looks Less Promising
Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...
Southwest Expects Record Revenues in 2010
Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.
Firms Boost Productivity Instead of Hiring
Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.
18 Charged in Theft of Samsung Chip Technology
The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18
Corning Profits Triple on Surging TV, Monitor Sales
Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Japan Exports Show First Growth in 15 Months
Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.
China Reassures Phone Companies on Google Android
China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute
Toyota Halts Sales of Some Models for Repairs
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry
Target Pulls Farmed Salmon from Shelves, Sushi
Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores
GM to Build Its Own Electric Motors
General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them
Apple Tablet Could Stimulate Video Game Business
When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...
GM Agrees to Sell Saab to Spyker Cars
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
DuPont Profits Soar on Record Asia Demand
Improved sales across its global markets and lower raw material and energy costs led to a fourth-quarter turnaround for DuPont
Delta Q4 Loss Shrinks to $25 Mil.
Delta Air Lines posted a $25 million net loss for the final three months of 2009, much smaller than a year earlier.
UK Economy Grew Just 0.1% in Q4
Britain's worst recession since World War II is officially over — but only just.
Air New Zealand Offers Bed Seat in Economy
Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a ...
Toyota Expects Sales to Grow to 8.27 Mil.
Toyota said Tuesday it plans to sell 8.27 million vehicles worldwide this year, up 6 percent from 2009, showing the world's No. 1 automaker is ...
Shiseido Starts $1.7 Bil. Offer for Bare Escentuals
Japanese cosmetics maker Shiseido Co. said Monday it has started a tender offer to buy all outstanding shares of Bare Escentuals
Apple Earned Record Profits in Q4
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...
Wall Street Shrugs Off Bad December Housing Data
European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
China Manufacturing Grows Despite Tighter Lending
China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control
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