T-Mobile Touts Upgraded 3G Network As 4G
Sprint Nextel Corp. and Verizon Wireless are building wireless data networks using new technologies that the industry calls fourth-generation
Business
14.4% of U.S. Homes Vacant As Ownership Falls
The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.
Ford, GM Valuations Rely Increasingly on Global Sales
If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's ...
Asia Stocks Rise As GOP Piles Up House Seats
Asian stocks were mostly higher Wednesday as markets digested news that Republicans gained control of the House in midterm U.S. elections
World Bank Raises China Growth Outlook
China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce
Clothing Sales Surprisingly Strong in October
After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.
Economists See Silver Lining in Impending Gridlock
The Republicans' sweeping gains in Tuesday's elections hardly guarantee they can enact their own prescriptions for the ailing economy.
Galaxy Tablet Release Fuels Samsung-Apple Rivalry
Samsung Electronics has timed the unveiling of its Galaxy Tab tablet PC in Korea for Thursday to coincide with the debut of Apple's MacBook Air ...
U.S. Auto Sales Jump on Returning Confidence
U.S. auto sales rose in October as buyers grew more confident in the economy and new models drew them into dealerships.
Amazon to Pay Publishers 70% on Kindle Sales
Amazon.com Inc. said Monday it will start paying publishers more when they sell magazines and newspapers on its Kindle electronic reader.
Dow Hits 2-Year High on $600 Bil. Stimulus Plan
The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion
QE2 Risks Dollar Plunge, New Speculative Bubble
The Federal Reserve is making a high-stakes bet in the hope of getting the economy steaming along again. Nobody is sure the Fed's best efforts
GM Predicts $2.1 Bil. Earnings Ahead of IPO
General Motors Co. is forecasting that it earned as much as $2.1 billion from July to September, a strong financial performance as the company
Asia Stocks Rise on Fed Stimulus Plan
Asian stock markets climbed on Thursday as investors took heart from the Federal Reserve's plan to buy $600 billion in government bonds
Panasonic Invests $30 Mil. in Tesla Motors
Panasonic Corp. is investing $30 million in Tesla Motors Inc., the U.S. maker of electric sports cars, eyeing expansion in the global market for green
Ford, GM China Sales Surge in October
General Motors Co. says it is set to sell more than 2 million vehicles in China this year after posting record sales for October.
Retailers Post Big Sales Gains by Discounting
Retailers are reporting solid revenue gains for October. But it took heavy discounting on coats and other cold-weather items to get shoppers to spend
Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.
Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion
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.
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
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.
Eurozone Growth Slows to 0.4%
Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...
Newsweek Merges with Tina Brown's Daily Beast
Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...
Food Industry Outpaces Rest of Economy
While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...
Retail Sales, Caterpillar Buy Drive Up Stock Prices
U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes
Oct Retail Sales Gain Most Since March
Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department
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.
Data Storage Maker EMC Buys Isilon for $2.25 Bil.
The data storage company EMC says it has agreed to buy Isilon for $2.25 billion in cash. It is offering $33.85 per share
Gas Prices Rise As Holidays Approach
With Thanksgiving just around the corner, the price of gasoline is marching toward the high of the year.
Renault-Nissan to Sell 500,000 EVs a Year by 2013
Bullish on green cars, the chief executive of the Renault-Nissan automotive alliance said Monday they plan to produce and sell 500,000 electric
Credit Card Writedowns Decline Again in Oct.
The ability of credit card holders to pay off debt has shown sustained improvement this year and on Monday the top U.S. credit card issuers ...
S. Korea Raises Key Interest Rate Again
South Korea's central bank raised its key interest rate Tuesday for the second time in four months amid persistent concerns about inflation.
Facebook's New Messaging Puts Message Over Form
Facebook is betting that one day soon, we'll all be acting like high school students — more texting and instant-messaging, at the expense of e-mail.
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
China Foreign Exchange Reserves Hit $3.2 Tril.
China's world-leading foreign exchange reserves jumped 30.3 percent year-on-year to hit $3.1975 trillion.
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
Budget Deficit Hits $140.4 Bil. for October
The federal government began the new budget year with a deficit that fell 20 percent from a year ago but still the third highest October ...
Bullish Google Gives 10% Raise to Everyone
Google Inc. is showing it still knows how to make its employees feel special: It is giving all 23,300 of them 10 percent raises next ...
Jobless Claims Fall to Lowest Level in 4 Months
Fewer people applied for unemployment aid last week, the third drop in four weeks.
Nikkei, KOSPI Up As China Tightens Bank Lending
World markets mostly fell Wednesday after China's central bank announced it will raise the amount of cash that banks have to hold in reserve
Boeing 787 Test Flight Makes Emergency Landing
A Boeing 787 jetliner on a test flight over Texas made an emergency landing Tuesday after smoke was detected in the main cabin, the latest ...
Vietnam Left Out of Foreign Capital Inflows
Vietnam isn't experiencing the growing influx of foreign investment capital of its southeast Asian neighbors, apparently due to the perceived risk
Overseas Filipinos to Remit $21.3 Bil. in 2010
Overseas Filipino Workers (OFW) will remit $21.3 bil. this year, making the Philippines the world's fourth biggest recipient of remittances, according to the World
Tata Motors Profits Surge on Jaguar, Land Rover Sales
Tata Motors' consolidated profits surged on robust global demand for Jaguar and Land Rover as the once-troubled luxury brands enjoyed their
Chevron to Buy Atlas Energy for $4.3 Bil.
Chevron will buy natural producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday.
Economic Stress at Lowest Level in 16 Months
The nation's economic stress fell in September to a 16-month low, thanks to more hiring in New England, fewer foreclosures in the mid-Atlantic
T-Mobile Touts Upgraded 3G Network As 4G
Sprint Nextel Corp. and Verizon Wireless are building wireless data networks using new technologies that the industry calls fourth-generation
14.4% of U.S. Homes Vacant As Ownership Falls
The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.
Ford, GM Valuations Rely Increasingly on Global Sales
If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's ...
Asia Stocks Rise As GOP Piles Up House Seats
Asian stocks were mostly higher Wednesday as markets digested news that Republicans gained control of the House in midterm U.S. elections
World Bank Raises China Growth Outlook
China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce
Clothing Sales Surprisingly Strong in October
After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.
Economists See Silver Lining in Impending Gridlock
The Republicans' sweeping gains in Tuesday's elections hardly guarantee they can enact their own prescriptions for the ailing economy.
Galaxy Tablet Release Fuels Samsung-Apple Rivalry
Samsung Electronics has timed the unveiling of its Galaxy Tab tablet PC in Korea for Thursday to coincide with the debut of Apple's MacBook Air ...
U.S. Auto Sales Jump on Returning Confidence
U.S. auto sales rose in October as buyers grew more confident in the economy and new models drew them into dealerships.
Amazon to Pay Publishers 70% on Kindle Sales
Amazon.com Inc. said Monday it will start paying publishers more when they sell magazines and newspapers on its Kindle electronic reader.
Dow Hits 2-Year High on $600 Bil. Stimulus Plan
The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion
QE2 Risks Dollar Plunge, New Speculative Bubble
The Federal Reserve is making a high-stakes bet in the hope of getting the economy steaming along again. Nobody is sure the Fed's best efforts
GM Predicts $2.1 Bil. Earnings Ahead of IPO
General Motors Co. is forecasting that it earned as much as $2.1 billion from July to September, a strong financial performance as the company
Asia Stocks Rise on Fed Stimulus Plan
Asian stock markets climbed on Thursday as investors took heart from the Federal Reserve's plan to buy $600 billion in government bonds
Panasonic Invests $30 Mil. in Tesla Motors
Panasonic Corp. is investing $30 million in Tesla Motors Inc., the U.S. maker of electric sports cars, eyeing expansion in the global market for green
Ford, GM China Sales Surge in October
General Motors Co. says it is set to sell more than 2 million vehicles in China this year after posting record sales for October.
Retailers Post Big Sales Gains by Discounting
Retailers are reporting solid revenue gains for October. But it took heavy discounting on coats and other cold-weather items to get shoppers to spend
Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.
Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion
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.
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
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.
Eurozone Growth Slows to 0.4%
Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...
Newsweek Merges with Tina Brown's Daily Beast
Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...
Food Industry Outpaces Rest of Economy
While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...
Retail Sales, Caterpillar Buy Drive Up Stock Prices
U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes
Oct Retail Sales Gain Most Since March
Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department
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.
Data Storage Maker EMC Buys Isilon for $2.25 Bil.
The data storage company EMC says it has agreed to buy Isilon for $2.25 billion in cash. It is offering $33.85 per share
Gas Prices Rise As Holidays Approach
With Thanksgiving just around the corner, the price of gasoline is marching toward the high of the year.
Renault-Nissan to Sell 500,000 EVs a Year by 2013
Bullish on green cars, the chief executive of the Renault-Nissan automotive alliance said Monday they plan to produce and sell 500,000 electric
Credit Card Writedowns Decline Again in Oct.
The ability of credit card holders to pay off debt has shown sustained improvement this year and on Monday the top U.S. credit card issuers ...
S. Korea Raises Key Interest Rate Again
South Korea's central bank raised its key interest rate Tuesday for the second time in four months amid persistent concerns about inflation.
Facebook's New Messaging Puts Message Over Form
Facebook is betting that one day soon, we'll all be acting like high school students — more texting and instant-messaging, at the expense of e-mail.
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
China Foreign Exchange Reserves Hit $3.2 Tril.
China's world-leading foreign exchange reserves jumped 30.3 percent year-on-year to hit $3.1975 trillion.
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
Budget Deficit Hits $140.4 Bil. for October
The federal government began the new budget year with a deficit that fell 20 percent from a year ago but still the third highest October ...
Bullish Google Gives 10% Raise to Everyone
Google Inc. is showing it still knows how to make its employees feel special: It is giving all 23,300 of them 10 percent raises next ...
Jobless Claims Fall to Lowest Level in 4 Months
Fewer people applied for unemployment aid last week, the third drop in four weeks.
Nikkei, KOSPI Up As China Tightens Bank Lending
World markets mostly fell Wednesday after China's central bank announced it will raise the amount of cash that banks have to hold in reserve
Boeing 787 Test Flight Makes Emergency Landing
A Boeing 787 jetliner on a test flight over Texas made an emergency landing Tuesday after smoke was detected in the main cabin, the latest ...
Vietnam Left Out of Foreign Capital Inflows
Vietnam isn't experiencing the growing influx of foreign investment capital of its southeast Asian neighbors, apparently due to the perceived risk
Overseas Filipinos to Remit $21.3 Bil. in 2010
Overseas Filipino Workers (OFW) will remit $21.3 bil. this year, making the Philippines the world's fourth biggest recipient of remittances, according to the World
Tata Motors Profits Surge on Jaguar, Land Rover Sales
Tata Motors' consolidated profits surged on robust global demand for Jaguar and Land Rover as the once-troubled luxury brands enjoyed their
Chevron to Buy Atlas Energy for $4.3 Bil.
Chevron will buy natural producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday.
Economic Stress at Lowest Level in 16 Months
The nation's economic stress fell in September to a 16-month low, thanks to more hiring in New England, fewer foreclosures in the mid-Atlantic
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