Yahoo Paints Brighening Picture Through 2013

Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings

Feds Profit from $6.2 Bil. Sale of Citigroup Stock

The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...

Euro Slide Pushes Dow to Sub-10K Close

A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...

Tiffany Profits Double on Soaring Asia Sales

Jewelry and gift seller Tiffany & Co.'s net income more than doubled in the first quarter as its revenue rose in the U.S. and soared ...

Durables, New Home Sales Buffer Against Europe

Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired.

Durable Goods Orders Rise 2.9% in April

Orders to U.S. factories for big-ticket manufactured goods surged in April, propelled by a rebound in demand for commercial aircraft.

Recovery Gains Steam in Developed Economies

Ghosn Charged Up about Leaf Electric's U.S. Debut

Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands

Dow's Intraday Plunge Signals Turbulence Ahead

The Dow Jones industrials plunged below 10,000 to their lowest level of the year Tuesday before a late-day rebound that erased most of the losses

Home Prices Fell from February to March

Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired

Consumer Confidence Rises Again in May

Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.

Wal-Mart Slashes 3G iPhone Prices in Half

Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.

Panasonic Buys Sanyo, Seeks Solar Power Lead

Panasonic Corp. is banking on the solar-panel business that it gained by acquiring domestic rival Sanyo, aiming for top market share of at least 35 ...

Europe's Ryanair Soars Back into Full-Year Profit

European budget airline Ryanair announced a return to robust full-year profits Tuesday and unveiled its first-ever cash dividend to shareholders

HP to Cut 9,000 Jobs, Take $1 Bil. in Charges

Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial ...

Construction, Manufacturing Data Reverse Stock Declines

Stocks are erasing early losses after reports on construction spending and manufacturing signal that the economy is continuing its recovery.

Europe Debt Crisis Breakdown by Country

Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil.

iPad Sales Hit 2 Mil. Mark

Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.

AsusTek Unveils Tablet PC Running Windows 7

Taiwan's AsusTek Computer Inc. unveiled Monday a portable tablet computer that runs on Microsoft's Windows 7 operating system

Honda to Restart China Line After Parts Plant Strike

Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...

India Returns to Pre-Recession Growth

A rebound in manufacturing and recovering farm output drove India's quarterly economic growth to 8.6 percent, the best in two years

Asian Stocks Slide on Euro Pessimism

Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave

Japan Factory Output Up for 2nd Straight Month

Japan's industrial production rose for a second straight month in April propelled by robust growth in China and the rest of Asia.

April Consumer Spending Hints at Slow Recovery

Consumer spending was stagnant in April while incomes posted a tiny advance, signs that the economic recovery could slow.

iPad Launch Draws Long Lines in Asia, Europe

Shoppers are mobbing Apple's flagship store in London in hopes of getting the gadget of the moment — the iPad.

Suicide-Plagued Foxconn Raises Worker Wages

The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an ...

Japan Carmakers Enjoy Sales, Export Boom in April

Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.

Ford May Be About to Discontinue Mercury Line

Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision

J&J Probed for "Phantom Recall" of Pain Relievers

Congressional investigators said Wednesday that Johnson & Johnson hired a private company that bought up defective packets of pain relievers in 2008

Stocks Surge on Word China to Hold European Debt

Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.

Oil Falls to $68 on Europe Fears

Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...

New Jobless Claims Jump Most in Three Months

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.

Vanishing Inflation Helps Consumers, Borrowers

Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.

Staples Income Rises on Sales Growth

Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.

Sears Income Falls on Bigger Appliance Discounts

Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.

Toyota Expert Calls for Akio Toyoda to Step Down

An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors

Singapore GDP Soars 15.5% in Q1

Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back

Japan's Economy Grows for 4th Straight Quarter

Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.

Target Profits Up 29% on Card Boost, Clothing Sales

Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales

Dell Income Jumps 52% on PC Sales, Services

Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services

Stocks Slide on German Naked Short Selling Curbs

World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders

Toyota to Recall Up to 11,500 Lexuses

Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles

HP Net Income Surges on PC Sales Jump

Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands

EU Regulators Ban Some Kinds of Naked Short Selling

Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial

Yahoo to Buy Freelance News Outlet Associated Content

Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...

Construction Permits Fall, Wholesale Prices Slip

Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.

Google Buys Global IP to Boost Video Offerings

Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings

China Expects Higher Inflation in May, June

China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent

Asian Stocks Gain Ground After Selloff on Euro Jitters

Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump

U.S. Drivers Still Showing Restraint at Gas Pump

Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists