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Shanghai Stocks Plunge on China Rate Hike Fears

Chinese shares led world markets lower Friday amid mounting concerns Beijing will raise interest rates to cool its overheating economy.

Airbus Parent Returns to Profit

Airbus' parent company EADS NV reported a narrow third-quarter profit on Friday, rebounding from a loss a year earlier as the commercial plane-making

Toyoda, Musk Cement Ties Over Pimped-Out Tesla

The usually grim-faced Toyota President Akio Toyoda was all smiles Friday, trumpeting a newfound friendship with U.S. luxury electric carmaker Tesla.

Nissan Recalls 600,000 Cars for Steering, Battery Cable

Nissan Motor Co. is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems.

Cisco Shortfall Seen As Tech Sector Omen

A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery.

Phone Books Soon to Become Cultural Relics

What's black and white and read all over? Not the white pages, which is why regulators have begun granting telecommunications companies the go-ahead

Bollywood Takes Bigger Role in Hollywood

Hollywood and Bollywood have come together to create a Los Angeles-India Film Council to attract more Indian moviemakers to L.A.

Foreclosures Fall 9% on Procedural Hitch

The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most

Cisco Outlook Raises Fears of Slipping Competitiveness

Cisco Systems Inc. has given a disappointing sales forecast for the second quarter in a row, raising doubts about the network equipment maker's

Toyota to Sell in Plug-In Hybrid in U.S., Japan, Europe

Toyota is planning to sell a plug-in hybrid car in the U.S., Japan and Europe in 2012, targeting sales of 50,000 vehicles a year at ...

Cable Co. Cox Enters Cell Phone Business

Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday

Leading Economic Indicators Rise Fastest Since May

A gauge of future economic activity grew in October after a summer lull, suggesting the U.S. economy will slowly start strengthening early next year.

Dell Profits Double As Businesses Upgrade

Personal computer maker Dell Inc. said Thursday that its net income for the latest quarter more than doubled as companies spent more to replace

GM Shares Surge As Trading Opens

General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy

World Markets Rebound from String of Losses

World stock markets rose Thursday as investors grew increasingly confident that details of an Irish financial rescue package will emerge over the coming

Ford Cuts Stake in Mazda to 3.5%

Japanese automaker Mazda says Ford is reducing its stake to 11 percent to 3.5 percent, but their partnership will continue in developing and marketing

Singapore Growth to Slow Sharply Next Year

Singapore's economic growth will slow sharply next year as U.S. and European demand for the island's exports weakens, the government said Thursday

GM's Record IPO Ends Gov't's Majority Stake

General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion, ending the government's role as majority

Airbus to Replace Up to 40 Superjumbo Engines

Up to half of the Airbus superjumbo engines of the type that disintegrated in flight on a Qantas plane may need to be replaced in ...

HSBC in Talks to Control Nedbank for $6.8 Bil.

British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group

Consumer Prices Show No Inflation Threat

Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.

Housing Construction Fell Sharply in October

Construction of new homes fell sharply in October, fresh evidence that the housing industry remains under duress. The Commerce Department says construction

China Challenges Boeing, Airbus with First 6 Orders

Commercial Aircraft Corp of China (COMAC) opened its challenge to Boeing and Airbus with its first 100 orders for its C919 single-aisle commercial

Target Profits Surge on Food Sales, Credit Card

Target Corp. reported that its third-quarter earnings rose 22.6 percent in the third quarter, helped by improvements in its credit card business

U.S. Homebuilder Sentiment Improves in Nov.

U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat

Stocks Fall on Anti-Inflation Measures in China, Korea

China's stock market plunged again Tuesday and prompted a retreat in European shares, as investors feared a slowdown in Asian growth and waited

Expanded GM IPO May Set New World Record

Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million ...

Overseas Growth Lifts A&F to Fatter Profits

Preppy teen clothing seller Abercrombie & Fitch Co. said Tuesday that higher international revenue and improving results in the U.S. helped its third-quarter

Google Unveils Cell Phone with Payment System

Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually

Stocks End Higher After Year's Biggest Slide

Stocks ended sharply higher a day after posting their biggest drops in more than a year.

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

Wall Street Hit by Late Slide in Financials

Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul

Toyota Halts U.S. Sale of Lexus LS Pending Fix

Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...

Yahoo Turns Over Mapping, Navigation to Nokia

Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival

Euro Down Again on Spain Bank Nationalization

The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt

2.7 Mil. Log on for Halo Game Beta Test

Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...

IBM to Buy AT&T's Sterling for $1.4 Bil.

IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other

Europe Debt Woes Weigh on Stocks Again

European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.

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

Chrysler Adds 1,100 Jobs at Detroit Jeep Plant

Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers

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

3-D Shrek Shocks Moviegoers with $20 Tickets

A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...

PepsiCo to Invest $2.5 Bil. More in China

PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...

German Business Confidence Dips on Debt Crisis

German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets

World Markets Falls on Europe Debt Fears

World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.

Toyota to Invest $50 Mil. in Tesla Electric Car Plant

The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars

Stocks Suffer Biggest Plunge in Over 1 Year

Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine

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

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.

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