Fiat to Sign onto Partnership with Chrysler
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.
Business
Optimism Buoys Wall Street Despite GDP Data
Investors aren’t letting a bad gross domestic product reading get to them.
General Dynamics Profits Rise 3% on Arms Sales
General Dynamics Corp.‘s first-quarter earnings rose 3 percent, beating Wall Street expectations, as sales of warships and other military equipment made up for lower profits ...
Time Warner Posts Better Than Expected Q1 Profits
Time Warner Inc. said Wednesday that its first-quarter profit fell 14 percent as AOL and publishing results continued to crumble under the weight of deteriorating ...
Jump in Consumer Confidence Boosts Wall Street
Investors set aside some of their worries about the economy Tuesday after a closely watched measure of consumer confidence soared in April. Stocks fluctuated in ...
Bank of America, Citigroup May Need to Raise More Capital
Bank of America Corp. and Citigroup Inc., which have each received $45 billion in government bailout funds, have been told by regulators that “stress test” ...
Honda Posts Fiscal Year Profits Despite Big Q4 Loss
Honda Motor Co. said Tuesday it overcame a large quarterly loss to book a fiscal year profit that was well above forecasts, and vowed to ...
Mitsui Sumitomo to Buy Nikko Cordial from Citigroup
Major Japanese bank Sumitomo Mitsui Financial Group Inc. has reached a basic agreement to buy a Japan-based brokerage unit from Citigroup Inc. for some 500 ...
Home Sales Data Fuel Wall Street Optimism
Wall Street is extending its rally as reports on housing and construction show improvement for March Stocks are jumping Monday following a National Association of ...
April Job-Loss Data Offset Fears Over Bank Stress Test
Stock futures reversed an early decline and moved higher Wednesday following data indicating job losses slowed in April. Stock futures had been lower in early ...
Bank of America Told It Needs $34 Bil. More
Bank of America Corp. stock rose in premarket trading after an initial decline, amid reports that it needs $34 billion in new capital.
Disney Profits Cut in Half by Weak Flicks, Parks Slump
The Walt Disney Co. said Tuesday its second-quarter net income fell 46 percent, dragged down by an underperforming movie slate and the impact of the ...
S&P Turns Positive for the Year on Housing Data
The Standard & Poor’s 500 index is up for the year. And for once, it was the housing market that sent stocks soaring. The S&P ...
Taiwanese Tycoon Questions Buffet Bet on Batterymaker
A Taiwanese business tycoon has criticized U.S. investor Warren Buffett’s decision to invest in a Chinese battery and car maker facing a lawsuit accusing it ...
Cablevision Unveils Fastest Internet Access
Cablevision Systems Corp. is set to unveil Tuesday the fastest Internet speeds available from any cable or phone company. Starting May 11, the Bethpage, N.Y.-based ...
Estée Laurder Profits Plunge but Beat Views
Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...
Buffet Sees End to Recession
Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.
Europe Projects 4% GDP Shirnkage in 2009
Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...
Chna Projects 7% Growth for Q2
Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...
Fiat May Become Global Powerhouse with Chrysler, GM Europe
Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.‘s European operations, taking another step toward creating a ...
Summer Resorts Hire Many Unemployed Professionals
This summer, the guy running the Tilt-A-Whirl at the beach might be a laid-off, middle-aged accountant instead of the usual bored teenager. And the towel ...
Chrysler to Close 5 Plants, Sell All Assets to Fiat
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat ...
GM to Close Most U.S. Plants for 9 Weeks This Summer
General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and ...
Kirin to Buy Australia's Lion Nathan for $4.7 Bil.
Lion Nathan Ltd., the Australian brewer of Tooheys and Hahn beers, said Monday its biggest shareholder, Japan’s Kirin Holdings Co., has agreed to buy the ...
GM Looks to Become Lean Government-Owned Company
General Motors, once the colossus of American capitalism, will become a leaner, government-owned company if the Obama administration goes along with the automaker’s plan to ...
Seach Engine Baidu Q1 Revenues Jump 41%
Baidu Inc., which runs China’s most popular search engine, said Monday its first-quarter profit grew, boosted by higher online marketing revenue The results sent the ...
GM to Shed Pontiac, Cut 21,000 Factory Jobs
General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to ...
U.S. Newspapers Report Steeper Declines
The Audit Bureau of Circulations said Monday that average daily circulation declined 7.1 percent in the October-March period from the same six-month span in 2007-2008. ...
China's Top Bank Reports 6% Profit Rise
Industrial & Commercial Bank of China Ltd., the country’s biggest commercial lender by assets, said Monday its quarterly profit rose 6 percent from a year ...
Sharp Posts $1.3 Bil. Loss on Slump in LCDs, Gadgets
Japanese electronics maker Sharp Corp. suffered an annual net loss of 125.8 billion yen ($1.3 billion), its first yearly red ink in nearly six decades, ...
Fiat to Sign onto Partnership with Chrysler
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.
Optimism Buoys Wall Street Despite GDP Data
Investors aren’t letting a bad gross domestic product reading get to them.
General Dynamics Profits Rise 3% on Arms Sales
General Dynamics Corp.‘s first-quarter earnings rose 3 percent, beating Wall Street expectations, as sales of warships and other military equipment made up for lower profits ...
Time Warner Posts Better Than Expected Q1 Profits
Time Warner Inc. said Wednesday that its first-quarter profit fell 14 percent as AOL and publishing results continued to crumble under the weight of deteriorating ...
Jump in Consumer Confidence Boosts Wall Street
Investors set aside some of their worries about the economy Tuesday after a closely watched measure of consumer confidence soared in April. Stocks fluctuated in ...
Bank of America, Citigroup May Need to Raise More Capital
Bank of America Corp. and Citigroup Inc., which have each received $45 billion in government bailout funds, have been told by regulators that “stress test” ...
Honda Posts Fiscal Year Profits Despite Big Q4 Loss
Honda Motor Co. said Tuesday it overcame a large quarterly loss to book a fiscal year profit that was well above forecasts, and vowed to ...
Mitsui Sumitomo to Buy Nikko Cordial from Citigroup
Major Japanese bank Sumitomo Mitsui Financial Group Inc. has reached a basic agreement to buy a Japan-based brokerage unit from Citigroup Inc. for some 500 ...
Home Sales Data Fuel Wall Street Optimism
Wall Street is extending its rally as reports on housing and construction show improvement for March Stocks are jumping Monday following a National Association of ...
April Job-Loss Data Offset Fears Over Bank Stress Test
Stock futures reversed an early decline and moved higher Wednesday following data indicating job losses slowed in April. Stock futures had been lower in early ...
Bank of America Told It Needs $34 Bil. More
Bank of America Corp. stock rose in premarket trading after an initial decline, amid reports that it needs $34 billion in new capital.
Disney Profits Cut in Half by Weak Flicks, Parks Slump
The Walt Disney Co. said Tuesday its second-quarter net income fell 46 percent, dragged down by an underperforming movie slate and the impact of the ...
S&P Turns Positive for the Year on Housing Data
The Standard & Poor’s 500 index is up for the year. And for once, it was the housing market that sent stocks soaring. The S&P ...
Taiwanese Tycoon Questions Buffet Bet on Batterymaker
A Taiwanese business tycoon has criticized U.S. investor Warren Buffett’s decision to invest in a Chinese battery and car maker facing a lawsuit accusing it ...
Cablevision Unveils Fastest Internet Access
Cablevision Systems Corp. is set to unveil Tuesday the fastest Internet speeds available from any cable or phone company. Starting May 11, the Bethpage, N.Y.-based ...
Estée Laurder Profits Plunge but Beat Views
Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...
Buffet Sees End to Recession
Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.
Europe Projects 4% GDP Shirnkage in 2009
Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...
Chna Projects 7% Growth for Q2
Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...
Fiat May Become Global Powerhouse with Chrysler, GM Europe
Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.‘s European operations, taking another step toward creating a ...
Summer Resorts Hire Many Unemployed Professionals
This summer, the guy running the Tilt-A-Whirl at the beach might be a laid-off, middle-aged accountant instead of the usual bored teenager. And the towel ...
Chrysler to Close 5 Plants, Sell All Assets to Fiat
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat ...
GM to Close Most U.S. Plants for 9 Weeks This Summer
General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and ...
Kirin to Buy Australia's Lion Nathan for $4.7 Bil.
Lion Nathan Ltd., the Australian brewer of Tooheys and Hahn beers, said Monday its biggest shareholder, Japan’s Kirin Holdings Co., has agreed to buy the ...
GM Looks to Become Lean Government-Owned Company
General Motors, once the colossus of American capitalism, will become a leaner, government-owned company if the Obama administration goes along with the automaker’s plan to ...
Seach Engine Baidu Q1 Revenues Jump 41%
Baidu Inc., which runs China’s most popular search engine, said Monday its first-quarter profit grew, boosted by higher online marketing revenue The results sent the ...
GM to Shed Pontiac, Cut 21,000 Factory Jobs
General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to ...
U.S. Newspapers Report Steeper Declines
The Audit Bureau of Circulations said Monday that average daily circulation declined 7.1 percent in the October-March period from the same six-month span in 2007-2008. ...
China's Top Bank Reports 6% Profit Rise
Industrial & Commercial Bank of China Ltd., the country’s biggest commercial lender by assets, said Monday its quarterly profit rose 6 percent from a year ...
Sharp Posts $1.3 Bil. Loss on Slump in LCDs, Gadgets
Japanese electronics maker Sharp Corp. suffered an annual net loss of 125.8 billion yen ($1.3 billion), its first yearly red ink in nearly six decades, ...
Recent Stories
Asian American Success Stories
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women
- Greatest Asian American Rags-to-Riches Stories
- Notable Asian American Professionals