Hertz to Buy Dollar Thrifty for $1.2 Bil.

Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash

U.S. Newspaper Circulations Fall 8.7%

Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.

Germany Nixes Bailout Until Greece Inks Austerity Measures

German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union

Caterpillar Returns to Profit, Signals Strong Outlook

Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last

SEC's Goldman Probe Could Widen to Other Banks

Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction

Murdoch Turns Up WSJ Heat on New York Times

It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers

China Carmakers Announce Global Expansion Plans

Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show

Video Games Shoot for Spectacular 3-D Experiences

For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...

BMW Aims for China Sales 20% Above Prior Record

Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.

Kia Motors Profits Quadruple on Strong Sales

Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.

Microsoft Profits Jump 35% on PC Rebound

An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter

Home Sales Rise, Jobless Claims Fall

The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound

Hyundai Profits Quintuple on Strong China, India Sales

Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.

Shanghai Tops Taiwanese Foreign Investments

Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore

China Q1 Growth Surged to 12% but Inflation Low

More Americans Feel Effects of Recovery

A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.

Households Feel Income Squeeze Despite Low Inflation

The deep recession has caused inflation to all but melt away. The problem is that the same severe downturn has also translated into weak

Wall Street Boosts Hiring of Investment Managers

Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to ...

World Markets Rise on Intel Earnings Report

World markets mostly rose Wednesday after better-than-expected first quarter earnings from Intel Corp. stoked hopes about the global economic recovery.

Intel Q1 Profits Quadruple

Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology

Singapore GDP Jumped 32.1% in Q1

Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled.

Toyota Pulls Lexus GX460 After Alarming Rollover Report

Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident

Feb. Trade Deficit Grows with Consumer Spending

The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...

Global PC Sales Surged 20% in Q1

Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago

Infosys Profits Up 8.7%

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent

Honda Jumps Into Green Game with Electric Scooters

The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.

Paramount Bundles Movies with Seagate Hard Drives

Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...

China Continues Oil Binge with Syncrude Buy

China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal

GM Says Chevy Volt Electric on Target for Dec Launch

Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised

Budget Deficit Falls to $65.4 Bil. for March

The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion

Microsoft Kin Phones to Take on iPhone, Blackberry

Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize

Hawaiian Tops in Service Among 18 Busiest Carriers

Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.

Toyota Recalls 600,000 Sienna Minivans

As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns

GM to Repay Bailout Loan Before June

General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June

IBM Sees Tech Spending Rebound, Profits Rise

IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding

Airlines Seek EU Compensation for $1 Bil. in Volcano Losses

As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European

Citigroup Reports $4.4 Bil. Earnings on Trading

Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit

Microsoft's China OEM Accused of Using Child Labor

Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers

Toyota Agrees to Record $16 Mil. U.S. Fine

Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal

China Banks to Refuse Loans for 3rd Homes

Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation

11 China Cities Average $20,000 Real Per Capita GDP

The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis

Greek Debt Crisis Spreads to Portugal

Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday

Stocks Slide As Feds File Fraud Suit Against Goldman

Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs

Q1 Venture Capital Investments Jump 38%

Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier

Asian Stocks Fall on Inflation, Interest Rate Fears

Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation

Volkswagen China Sales Skyrocket 61%

Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded

Jobless Claims, Weak Industrial Output Cool Markets

Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...

China Trims U.S. Treasuries for 4th Straight Month

China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns

Germany to Grow 1.5% in 2010

The German economy will continue its slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market

Toyota Conducts Safety Tests on All SUV Models

Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned