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EU to Approve S.Korea FTA Albeit Carmaker Opposition

The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite

China Inflation Rises Amid Signs Growth Slowing

China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on

American Families Rebuild Wealth on Slippery Slope

The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.

GM Clarifies Memo Forbidding Use of "Chevy"

Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.

Weaker Europe Demand Raises U.S. Trade Deficit

The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...

iPad Sales Hit 2 Mil. Mark

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

Most Carmakers Post Double-Digit Gains for May

Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.

Spain's Borrowing Costs Rise to Alarming Levels

Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid

German Car Exports Jump 49% in May

German car exports increased by nearly half in May compared to a year earlier but sales continued to slide at home, an industry group said ...

Prudential Gives Up Bid to Buy AIA from AIG

Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.

Taiwanese e-Readers Use Efficient Ink-Based Displays

aiwanese electronics firms displayed a slew of e-readers at an industry show Tuesday, with one maker unveiling a lightweight model that can display

BP Shares Plunge As It Begins Big Cut-and-Cap Bid

BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed to plug the worst ...

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.

Pending Home Sale Forecasts Boost Stocks

Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

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

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 ...

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.

Foxconn Faces Heat from Yet Another Worker Death

Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee

Airline Industry Projected to Earn Profits This Year

The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.

World Stocks Tumble on Jobs Data, Hungary Fears

World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears ...

Yahoo Adds Direct Access to Facebook Updates

Yahoo Inc.'s latest facelift will include a Facebook touchup. As part of changes rolling out this week, Yahoo will import personal updates from Facebook's social ...

Foxconn to Give China Employees 2nd Pay Raise

Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...

China Agricultural Bank Ready for IPO

The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering

Honda Settles China Labor Dispute After 2-Week Strike

Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase

Disappointing Jobs Data Batters Stocks, Euro

Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed

BP Reports Some Oil Being Funneled by New Cap

BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...

McDonald's Pulls Cadmium-Tainted Shrek Glasses

Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant

Cisco Profits Jump 63% on Revenue Rebound

Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence

Geithner Says Europe Crisis Won't Sink U.S. Recovery

Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.

Recent Rise in Jobs Data Reflects Temporary Hiring

The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.

Data Suggests Jobs Being Added Slowly

Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can

U.S. Equipment Maker Logs Sizzling China Growth

Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China

Slowing Productivity Growth Seen As Hopeful Sign

Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...

Jobless Claims Drop for 2nd Straight Week

New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.

Airline Recovery Quickens on Asia, U.S. Growth

The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe

May Retail Report Shows Spending Slowed

Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending

Ford to End Mercury Production in 2010

Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.

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

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 ...

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