Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Business
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
Eurozone Retail Sales Fell Unexpectedly in August
Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign
China Growth to Offset U.S. Weakness Says IMF
The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...
J&J Buys Dutch Biotech Crucell for $2.41 Bil.
Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's
Costco Income Rises on Overseas Strength
Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent
Asia, Europe Stocks Rally on Fed Rate Cut Hopes
Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary
Retail Sales Rose Modestly in September
Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.
Ford to Cut Lincoln Dealerships to Revitalize Brand
Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...
Service Sector Grew in September for 9th Straight Month
The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent
Japanese Stocks Lead World Markets After Rate Cut
Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate
Stocks Rise in Europe As Asia Slips on U.S. Concerns
European stock markets rose Friday, helped by a late rally on Wall Street overnight, while the euro headed towards $1.30 for the first time
Japan Cuts Key Interest Rate to Near Zero
Japan's central bank has cut its key interest rate to a range of zero to 0.1 percent, effectively introducing a zero interest rate policy.
Content Partners Sign Up for Google TV's October Launch
Google Inc.'s effort to wed Web surfing with television viewing is gathering more support from major media outlets that distribute some
Foreigners Find Irresistable Deals in U.S. Housing Bust
The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom.
Feds Sue 3 Major Credit Card Cos., Settle with 2
The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement
Toyota Repaired 3.7 Mil. Cars Under Recalls
Toyota Motor Corp. said Monday it had fixed about 3.7 million vehicles in the United States as part of its massive safety recalls, citing progress
Poor Americans Bear High Cost of Going Bankless
The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order.
Asia Stocks Up, Europe Down Ahead of U.S. Data
The continued relative strength of the yen hurt Japanese stocks earlier and the Nikkei 225 stock average closed down 23.17 points
Sanofi-Aventis Launches Hostile Bid for Genzyme
France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
Extended Volcano Eruptions Could Jeopardize Recovery
Even as Europe's dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland's volcano erupts again?
IMF Cuts Estimate of Losses from Financial Crisis
The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly
Bond Film Stopped on Uncertainty Over MGM's Fate
Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
Treasury to Begin Selling Off Citigroup Shares
The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.
Sands Opens $5.7-Bil. Singapore Casino Resort
Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state
World Markets Slide on China Fears, Greek Glitch
Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility
S. Korea GDP Growing at Annualized 7.5% Rate
South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.
Gasoline Prices Set to Rise As Recession Fades
After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high
Wal-Mart to Face Massive Class Action Suit
A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
Eurozone Retail Sales Fell Unexpectedly in August
Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign
China Growth to Offset U.S. Weakness Says IMF
The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...
J&J Buys Dutch Biotech Crucell for $2.41 Bil.
Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's
Costco Income Rises on Overseas Strength
Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent
Asia, Europe Stocks Rally on Fed Rate Cut Hopes
Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary
Retail Sales Rose Modestly in September
Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.
Ford to Cut Lincoln Dealerships to Revitalize Brand
Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...
Service Sector Grew in September for 9th Straight Month
The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent
Japanese Stocks Lead World Markets After Rate Cut
Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate
Stocks Rise in Europe As Asia Slips on U.S. Concerns
European stock markets rose Friday, helped by a late rally on Wall Street overnight, while the euro headed towards $1.30 for the first time
Japan Cuts Key Interest Rate to Near Zero
Japan's central bank has cut its key interest rate to a range of zero to 0.1 percent, effectively introducing a zero interest rate policy.
Content Partners Sign Up for Google TV's October Launch
Google Inc.'s effort to wed Web surfing with television viewing is gathering more support from major media outlets that distribute some
Foreigners Find Irresistable Deals in U.S. Housing Bust
The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom.
Feds Sue 3 Major Credit Card Cos., Settle with 2
The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement
Toyota Repaired 3.7 Mil. Cars Under Recalls
Toyota Motor Corp. said Monday it had fixed about 3.7 million vehicles in the United States as part of its massive safety recalls, citing progress
Poor Americans Bear High Cost of Going Bankless
The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order.
Asia Stocks Up, Europe Down Ahead of U.S. Data
The continued relative strength of the yen hurt Japanese stocks earlier and the Nikkei 225 stock average closed down 23.17 points
Sanofi-Aventis Launches Hostile Bid for Genzyme
France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
Extended Volcano Eruptions Could Jeopardize Recovery
Even as Europe's dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland's volcano erupts again?
IMF Cuts Estimate of Losses from Financial Crisis
The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly
Bond Film Stopped on Uncertainty Over MGM's Fate
Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
Treasury to Begin Selling Off Citigroup Shares
The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.
Sands Opens $5.7-Bil. Singapore Casino Resort
Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state
World Markets Slide on China Fears, Greek Glitch
Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility
S. Korea GDP Growing at Annualized 7.5% Rate
South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.
Gasoline Prices Set to Rise As Recession Fades
After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high
Wal-Mart to Face Massive Class Action Suit
A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class
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