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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 ...

Ford CEO Expects Solid Profits for 2010

Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.

Stocks End Down on Sluggish Job-Growth Data

A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.

Euro Drops Back After Bailout Bounce

The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated

EU Sets Up $1 Tril. Package to Defend Euro

The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday

Sony Reports First Yearly Loss on Revenue Drop

Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.

Asian Stocks Rally on Positive Europe News

Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain

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

SAP Buys Sybase to Bolster Fight Against Oracle

German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...

Another Possible iPhone Prototype Turns Up in Vietnam

Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.

Samsung Life Shares Jump After Record IPO

Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...

Macy's Returns to Profits on Localized Merchandising

Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise

$40 Bil. Trade Deficit Evidences U.S. Rebound

The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...

Shanghai Expo Irresistable Draw for Business World

China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo

ADM Profits Surge on Biofuel Demand

Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year

Oil Slips on Rising Dollar, Inventories

Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies

GM Celebrate's Suburban's 75th Birthday

The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday

GM's 6.4% April Sales Growth Less Than Expected

General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...

Consumer Spending Growth Financed from Savings

Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...

Avis Offers to Top Hertz Bid for Dollar Thrifty

Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.

United, Continental Merge into World's Biggest Airline

United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.

Asian Stocks Drop as China Raises Bank Reserve

Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation

Apple's Developer Policy Draws Antitrust Scrutiny

Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming

China Manufacturing Accelerated in April on Domestic Demand

A survey says China's manufacturing accelerated in April as domestic demand increased.

World Stocks Rise on Greek Bailout Hopes

European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...

Japan Factory Output Rises But More Unemployed

Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.

Toyota Creates Design Quality Division

Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process

Samsung Profits Soar on Big Chip Sales Jump

Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.

iPhones Will Never Support Flash Says Jobs

For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon

Korea Targets Nuclear Reactors As Key Export Industry

S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.

Credit-Rating Agencies Blamed for EU Debt Crisis

The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors

GM Hires Former Hyundai Marketing Whiz

General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.

Fed Ships Dollars to Europe to Help Contain Crisis

The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...

No Cyber Attack Behind Thurs Selloff Says White House

The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos

Nokia Files New Patent Claim Against Apple iPad

Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.

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.

Panasonic Cuts Losses As Global Sales Recover

Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery

German Parliament Approves Greek Bailout

The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance

290,000 Jobs Added in April but Jobless Rate Rises

More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent

Retailers Encouraged by Solid Spring Shopping

Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.

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

MGM Mirage Posts Loss on CityCenter Writedown

MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.

Cablevision Profits Triple on New Subscribers

Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend

Asia Stocks Slide, Europe Steadies

European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries

Zurich Financial Reports 76% Profit Jump

Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters

Indonesian Ancient Treasure Auction Sinks

A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed

World Stocks Fall Again As 3 Killed in Greek Strike

World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread

BMW Earns $424 Mil. in Q1 on Strong Revenue Growth

German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars

Time Warner Asked to Stop Claiming Fiber Optics

An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.