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NEC, Casio, Hitachi to Merge Cell Phone Business

Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...

Majority of Americans Still Troubled by Economy

One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...

World Markets Rattled by U.S.-China Tire Tariff Dispute

European and Asian markets fell Monday, shaken by news of a trade dispute between the U.S. and China over tariffs on tires. Germany's DAX fell ...

Japan's Dainippon Buys Sepracor for $2.6 Bil.

Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...

Comfy Ski Boots Allow Easy Walking — at a Price

Skiing, fun. Walking in ski boots back to the lodge, not so much. In mid-September, a company in Boulder will start selling a ski boot ...

Mortgage Giants Struggling a Year After Fed Takeover

A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no ...

Mitsubishi, Peugeot to Launch Electric Car

PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to launch an electric car in Europe by the end of 2010, the companies said Friday. ...

Job Losses to Continue During Nascent Recovery

The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from ...

Prius Japan's Top Seller for 4th Month

An auto industry group says Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in August for the fourth straight month. The Japan Automobile ...

Much Fought-Over Kai-Fu Lee Leaves Google

The executive who led Google Inc.'s expansion in China after being hired away from Microsoft Corp. following a high-profile court battle is leaving to start ...

Boeing Plane Orders Fell 11% in August

Boeing Co. said Thursday orders for its commercial jets fell 11 percent in August, as weaker demand for air travel forces airlines to scale back ...

OECD Sees Earlier Recovery Than Forecast

The world economy is headed for an earlier recovery than previously forecast, although the pace of the rebound will likely remain modest for some time ...

World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve

World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...

China Stocks Jump 5% on Strong Lending Data

Chinese shares jumped 5 percent Thursday following reports that lending by big state-owned banks remained robust in August, though they later fell back slightly. The ...

China to Buy $50 Bil. of First IMF Bond Issue

China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...

Geithner Says Stimulus Still Needed to Help Recovery

Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to ...

YouTube to Offer Movie Rentals

YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the ...

Amazon Exhorts Judge Chin to Block Google Book Deal

Online bookseller Amazon.com Inc. is warning a federal judge that Internet search leader Google Inc. will be able to gouge consumers and stifle competition if ...

Continuing Job Losses Dampen Recovery Hopes

Stock futures lost ground Wednesday after a private sector report on unemployment failed to ease investors' concerns about job losses. Futures had been little changed, ...

Productivity Rose Most in 6 Years

Worker productivity grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as ...

China Commissions World's Biggest Solar Power Plant

First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...

Fed Survey Shows U.S. Recession Ended

The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the ...

Small Businesses Becoming More Optimistic

Small business owners are joining consumers and investors in showing some cautious optimism about the economy. An index that measures owners' optimism rose last month, ...

China's Beijing Auto Joins in Saab Takeover Bid

China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General ...

Asia, Europe Stocks Drop on Export Fear of Weak Dollar

European and Asian stocks drifted lower Wednesday as a drop in the value of the dollar hit world exporters, pushing investors to cash in on ...

Fed Plan to Boost Int'l Visitors Includes $10 Fee

Lawmakers are working together at least one bipartisan venture before turning their full attention to health care. The Senate appears poised to pass a bill ...

Palm to Release Cheaper Lighter Version of Pre

Palm Inc., which revitalized its product line with the Pre smart phone launch in June, is hoping to keep momentum going with the release of ...

Taxpayers Likely to Lose Billions on Auto Bailout

Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a ...

Buyers Hold the Power in Home Sales

The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of ...

Google to Turn Digital Library into Paperbacks

Google Inc. is giving 2 million books in its digital library a chance to be reincarnated as paperbacks. As part of a deal announced Thursday, ...

At 50 Motown Recalls Founder Berry Gordy

On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...

Global Stocks Rise on M&A Activity, Recovery Signs

The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...

China Unveils 200-Seat Jet at Asia Air Show

China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...

U.S. Falls to 2nd in Economic Competitiveness

The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...

Japan's Current Account Surplus Fell 19.4%

Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the ...

Google China Reshuffles After Kai-Fu Lee Departure

The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding ...

Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid

Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...

China to Top Global Auto Sales in 2009

China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...

Fox Cable News Wins Big by Catering to Angry Wingnuts

Amplifying the nation's political division has been good business for Fox News Channel and MSNBC during this season of anger — but it may come ...

Xerox to Buy Affiliated Computer Svcs for $5.75 Bil.

Xerox has announced a deal to buy the business processing company Affiliated Computer Services for about $5.75 billion.

Airlines Add Baggage Fees to Europe, India, Canada

The big U.S. airlines are charging baggage fees on some international flights, generally coach tickets between Europe and the U.S. or Canada. What you should ...

China's Richest Communists Celebrate 60th Birthday

Public loudspeakers in the central square blare the village anthem hourly: "If you want to see a miracle, come to Huaxi." Not that any reminders ...

China Industrial Profits, Growth Improve in Q2

Profits at China's oil producers, steel makers and other major industrial companies fell 10.6 percent in the first eight months of 2009 from the same ...

Japan to Rescue, Restructure JAL

Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy. "We will not crush and liquidate (the ...

U.S. Banks Earned $5.2 Bil. Trading Derivatives in Q2

U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex ...

New Home Sales Rise but Below Expectations

New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery ...

Asian Stocks Fall on Strengthening Currencies

World stocks fell Monday after disappointing data from the U.S. undermined hopes of a fast economic recovery and a sharp strengthening in Asian currencies hurt ...

China Ties Banker Pay to Risk, Rejects Caps

China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...

Ford Ramps Up China Expansion with 3rd Plant

Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...

Rim Outlook Weak on New Phone Delays

BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...