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Google Looks to Dominate Mobile Ads with AdMob

Four years ago, Omar Hamoui was just another ineffectual entrepreneur trying to spruce up his resume in graduate school.

Senate Raises Debt Ceiling to $12.4 Tril.

The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit

Treasury Removes Cap for Fannie, Freddie Aid

The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.

Durable Goods, Jobs Data Drive Up Stocks

Stocks rose Thursday after positive reports on unemployment and durable goods orders showed the economy is continuing to recover.

Oil Prices Pass $77 on Surprise Inventory Drop

Oil prices hit a three-week high above $77 a barrel Thursday before surrendering most of its gains as a larger than expected drop in U.S. ...

New GM CFO to Get $750,000 Plus Stocks

The new chief financial officer at General Motors Co. will receive a salary of $750,000 next year, but he'll get up to another $5.45 million

Citigroup Sheds Pay Caps After $20 Bil. TARP Payback

Citigroup Inc. on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions

Airlines Projected to Lose $5.6 Bil. in 2010

The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger

Craigslist Surprised by eBay Attitude on Classifieds Venture

Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online

BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson

Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.

Dodge City Casino Bets on Wild West Romance

Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...

American Offers Exclusivity to Keep JAL from Delta

American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.

AltAir Sells Jet Fuel Derived from Camelina Plant Seeds

A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.

Boeing 787 Completes Long-Delayed Test Flight

Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components

China Surpasses U.S. As World Center of IPOs

China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy

Wells Fargo, Citigroup Repay TARP Loans

The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.

Russia's Richest Man Closer to Owning Nets

A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.

Samsung Shakeup Elevates Founder's Grandson

Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology

Accenture First to Cut Tiger Sponsorship

For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.

PGA to Take Big Hit on TV Contracts in Tiger's Absence

The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming

Citigroup Repays $20 Bil. TARP Loan

Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence

Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets

Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout

Caterpillar Forms Joint Venture with China Yuchai

Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company

Beijing Auto to Buy SAAB Drivetrain Technology

Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General

Google Testing New Mobile Device on Employees

Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into

Hyatt to Operate 5 New Hotels in India

Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...

Japan Encouraged by Smaller Export Decline

Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession

Wall Street Awaits Visit from Santa Claus Rally

Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally ...

Natural Gas May Power Global Warming Fight

An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming:

Made-for-Web Shows Start Seeing Off-Line Profits

Web sites that buy original video clips often pay so little that "The Bannen Way," a flashy crime thriller debuting online, looked destined to be ...

Hyundai Launches China Truck Venture

Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...

Whole Foods Founder Wants to Go Back to Healthy Roots

The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.

GM to Shut Down Saab After Spyker Talks Fail

General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...

Wyoming Plant to Turn Coal into Gasoline

Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.

Horse Industry Monitors Dubai Crisis

The debt crisis in Dubai was being closely monitored Friday by buyers and sellers of high-end racehorses, but there was no immediate indication Dubai's ruler ...

Asian Stocks Drop on Slow Recovery Signs

Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks

RIM Sees Profits Surge on Record Blackberry Sales

BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income

Calif Space Tourism Firm Inks S. Korea Launch Deal

A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group

Leading Indicators Point to Gradual Recovery

A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly

City Center Opens in Las Vegas with Big Bash

Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...

Treasury Backs Out of Plan to Sell Citi Stake

In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...

Ssangyong SUV Revival Plan OKd by Korean Court

A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday

PayPal May Soon Overshadow Parent eBay

Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will ...

World Unemployment Up Despite Emerging Recovery

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are ...

Starbucks Sees More Customers Spending More

More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, an executive said Thursday.

Stocks Surge on Positive Jobs Data, Cisco Forecast

A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government ...

Panasonic Opens Bid to Take Over Sanyo

Panasonic Corp. said Thursday it has started its bid to take over smaller rival Sanyo Electric Co. for an estimated 402 billion yen ($4.4 billion), ...

Cisco Forecasts 1st Revenue Growth in Year

Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. ...

Toyota Announces Surprise Profits, Ups Forecast

Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery

China Partners with Statoil in Gulf Licenses

Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore ...