World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Business
Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
Japan's Q4 GDP Grew at 4.6%
Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
Apple Earned Record Profits in Q4
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Commercial Real Estate Danger Seen by Panel
Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes
China Inflation Eases, Cuts Interest-Rate Pressure
A spike in China's inflation eased in January, reducing pressure for Beijing to hike interest rates and cool surging prices as it tries to keep ...
Silicon Valley Economy May Be Losing Global Edge
Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.
Americans Spent Modestly in January
Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year ...
Opera to Unveil Unapproved Browser for iPhone
Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference
World Markets Rise on Greece Bailout Prospects
Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package
New CEO Expects 2010 Profits for Leaner GM
General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
China Rate Hike, U.S. Jobs Data Dampen Stocks
Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Proposed Delta-JAL Tieup Prompts Monopoly Fears
A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.
Samsung Profits Soared to $3.44 Bil. in Q4
Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...
Ford's China Sales Up 44% in 2009
Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role
LG to Introduce 3-D TV in May
LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.
Hundreds of Dealerships Could Be Restored by GM
Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration
Apple Ally AT&T to Add Android Phone to Lineup
AT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival
Cell Phones to Receive Free Local TV Broadcasts
The prospect of watching live, local TV shows on mobile phones and other portable devices is getting closer. Manufacturers this week are showing off
Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline
There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
Boeing Rethinks Short-Range 787 After Losing Sole Order
Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
Japan's Q4 GDP Grew at 4.6%
Japan's economy beat expectations in the fourth quarter, fueled by robust exports and a pickup in consumer demand at home.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
Apple Earned Record Profits in Q4
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Commercial Real Estate Danger Seen by Panel
Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes
China Inflation Eases, Cuts Interest-Rate Pressure
A spike in China's inflation eased in January, reducing pressure for Beijing to hike interest rates and cool surging prices as it tries to keep ...
Silicon Valley Economy May Be Losing Global Edge
Silicon Valley's economy took a big hit during the global meltdown and could have trouble climbing out, according to a report released Wednesday.
Americans Spent Modestly in January
Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year ...
Opera to Unveil Unapproved Browser for iPhone
Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference
World Markets Rise on Greece Bailout Prospects
Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package
New CEO Expects 2010 Profits for Leaner GM
General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
China Rate Hike, U.S. Jobs Data Dampen Stocks
Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Proposed Delta-JAL Tieup Prompts Monopoly Fears
A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.
Samsung Profits Soared to $3.44 Bil. in Q4
Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...
Ford's China Sales Up 44% in 2009
Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role
LG to Introduce 3-D TV in May
LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.
Hundreds of Dealerships Could Be Restored by GM
Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration
Apple Ally AT&T to Add Android Phone to Lineup
AT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival
Cell Phones to Receive Free Local TV Broadcasts
The prospect of watching live, local TV shows on mobile phones and other portable devices is getting closer. Manufacturers this week are showing off
Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline
There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
Boeing Rethinks Short-Range 787 After Losing Sole Order
Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
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