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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

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

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 ...

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

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

HP to Buy Struggling Palm for $1.2 Bil.

Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard

Earnings Show Corporate America Out of Recession

Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...

Euro Hits 1-Year Low on Spain Debt Downgrade

The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.

Comcast Profits Rise on Subscriptions, Ad Rebound

Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.

Sprint Nextel Subscriber Loss Slows on Cheap Plans

Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service

Germany Says Greek Aid Likely By May 7

Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes

Honda Returns to Profitability on China, India Demand

Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand

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

Spain Barely Emerges from Recession

Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.

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

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

FDIC Shuts Down 4 Banks to Bring Year's Total to 72

Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri

Stocks Recover from 184-Point Dow Slide

Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.

Oil Prices Fell 20% in 2 Weeks

Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...

GM Reports First Profits in 3 Years

General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.

Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.

Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash

Europe Stocks Rebound As Euro Hits New 4-Year Low

European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...

Trichet Says Europe Economy At Its Worst Since WWI

The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries

Japan Machinery Orders Rose 5.4% in March

Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months

Locke Pushes U.S. Green Tech on Reluctant China

U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.

Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout

The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.

Jobs Called Chen to Get iPhone Prototype Back

Brian Hogan's world closed in fast almost as soon as he sold the next-generation iPhone he found in a Silicon Valley bar to a popular ...

Euro at 4-Year Lows on Debt Fears

The euro sank to just above a 4-year low against the dollar Friday as economic data suggested a stronger recovery in the U.S. while the ...

J.C. Penney Profits More Than Double

J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements

Mizuho Swings to $2.6 Bil. Profit As Japan Recovers

Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black

World Stocks Fall on Euro Debt, U.S. Jobless

World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow

Lawyers Vie to Lead Mass Suits Against Toyota

Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position

Google Says China Situation Stable for Now

Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out

Adobe Fires Back at Apple with Love Ad Campaign

Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...

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

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