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Volkswagen, Audi Sales Up 11% on China Boom

German car maker Volkswagen AG said Friday that its group deliveries were up 11 percent on the year in October

Federal Deficit Hits New Record in October

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...

Boeing Fixes 787 Flaws, Vows Test Flight by Yearend

Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners.

China Signals Intention to Let Yuan Rise

The dollar edged up in trading against other currencies Thursday as the Chinese government appeared to signal that it may be willing to let the ...

Intel Settles AMD Dispute for $1.25 Bil., Faces Charges

Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics,

China Wants U.S. to Raise Rates to Save Recovery

China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices

Macy's Posts Smaller Loss, Raises Outlook

Macy's Inc.'s third-quarter loss shrunk as tight inventory controls and a move to localize merchandise at its department stores by region paid off.

HP Moves into Networking with $2.7 Bil. 3Com Buy

Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...

Applied Materials to Cut At Least 1,300 Jobs

Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs

ExpressJet Reports 8% Traffic Increase

ExpressJet Holdings Inc. said traffic on its airlines rose 8 percent and planes were more full in October than they were a year ago.

Small Businesses Cut Costs with Home Workers

There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.

U.S. Feared on Course to Repeat Japan's Lost Decade

Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists

Asian Stocks Rise on Growth in China, Japan

Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track

Nissan, FedEx Urge Massive Move toward Electric Cars

A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...

Obama Fears Too Much Stimulus Could Cause Double-Dip Recession

President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery

Wen Says China Doesn't Seek Trade Surplus with U.S.

China's premier has told President Barack Obama that Beijing doesn't seek a trade surplus with the U.S.

Delta, Skyteam Offer JAL $1 Bil. to Dump American

Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation

Beijing Court Blocks Sales of Some Windows Versions

A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system

Korean Regulator Approves iPhone

South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone

Saks Surprises with Q3 Profits

Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...

Coca Cola Bets on China, India for Fast Growth

Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...

Time Warner to Spin Off AOL Dec. 9

Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.

Thin Inventory Means Fat Profits for Retailers

Retailers have thin inventories after coming out of Christmas with slightly better-than-expected sales.

China Solar Panel Giant to Build Plant in Phoenix

Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix

Korea Exchange, CME Partner for After-Hours Futures Trading

Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures

Stocks Jump on Upbeat Retail Data

Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected

GM Reports $1.2 Bil. Loss, Sees Turnaround

General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...

Japan Reports Surprising 4.8% Growth in Q3

Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion

GE to Develop Aviation Electronics with China Firm

>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers

Sands to Resume Macau Casino Resort Construction

U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction

GM Sales Up 14% in January, Toyota's Down 16%

Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...

Lenovo Profits Continue Rising on 45% China Growth

Lenovo Group, the fourth-largest personal computer maker, reported its second straight quarterly profit Thursday as strong sales in China drove its recovery

Joojoo Web Tablet Set to Debut Despite Legal Dispute

The Joojoo, a Web-browsing tablet device that's the subject of a high-profile Silicon Valley legal dispute, appears on track to reach early buyers

Estée Lauder Marks Roaring Tiger Year with Special Compact

Estée Lauder is comemorating the Year of the Tiger with a limited edition Tiger compact. The release of this special item

Asia, Europe Stocks Rise on U.S. Housing News

World stock markets jumped Wednesday, following Wall Street higher after encouraging reports about the beleaguered U.S. housing sector helped restore

Honda Profits Soar on Cost-Cutting, Green Cars

Honda's quarterly profit soared sixfold on cost cuts and strong sales of green vehicles, boosting the Japanese automaker's full year forecast

Toyota Prius Brake Complaints Total 180

The Japanese government said Wednesday it has received 14 complaints in Japan about brake problems with Toyota's popular Prius hybrid.

News Corp Posts Profits on Advertising Rebound

News Corp., whose 20th Century Fox movie studio is still riding the tail wind of "Avatar" in movie theaters, said Tuesday it earned $254 million

Signs of Life in Housing Send Stocks Up

Signs of strength in the housing market pushed the Dow Jones industrial average to its second straight gain of more than 100 points.

Toyota Reports $1.7 Bil. Profit, Raises Forecast

Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook

Softbank Profits Soar on iPhone Popularity

Softbank Corp., which operates the only Japanese carrier to offer the iPhone, said profit rose 41 percent in the October-December quarter

Iron-Ore Wars Show Limits of China's Economic Clout

China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...

Sony Pictures Lays Off 450 on Declining DVD Sales

Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs

Online Gamer Changyou.com Posts 34% Profit Jump

Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday

China Netizens Shrug Off Possible Google Exit

When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese

World Stocks Rally on Solid Manufacturing Data

World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week

JAL to Choose Between Delta and American Soon

The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe

Replacement Pedals En Route to Toyota Dealers

Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...

U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence

World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe

Boeing 747-8 Freighter Set for Monday Test Flight

Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...