Fitch Downgrades Ireland Credit Rating
Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits
Business
Toys R Us to Hire 45,000 Workers, Plans Stock Sale
Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.
Cheap, Hi-Tech Toys Top Christmas List
This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars
Digital Reading Squeezes Out Finland's Paper Mills
Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office
Asia Stocks Rise on Hopes of More U.S. Stimulus
Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus
Japan Business Confidence Rises for 6th Straight Quarter
Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Hulu Plus to Play on Roku, Tivo Set-Top Boxes
Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers
Recession Widens Rich- Poor Gap, Cuts Marriages
The recession seems to be socking Americans in the heart as well as the wallet: Marriages have hit an all-time low while pleas for food ...
Coca-Cola to Invest $1 Bil. in Philippines
Coca-Cola Co. said Tuesday it will spend $1 billion in the Philippines over the next five years to expand its presence in the fast-growing market
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
LG Chem Adds Mitsubishi Motors As Battery Client
Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
China Studio Buys Stake in Hollywood Production Firm
The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio
ADB Raises Asia Growth Forecast to 8.2%
The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned
Blackberry Maker Unveils Small Tablet for Business
The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...
Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart
Wal-Mart-Stores Inc. says it has offered to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion.
Nestle to Expand Herbal Medicine Business
Nestle plans to plow hundreds of millions of dollars into expanding its medical nutrition business over the next decade, hoping to capitalize
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
Microsoft Sues Motorola on Smart Phone Patents
Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.
Car Sales Surge Mostly on New Crossovers
New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.
Manufacturing Expands for 14th Straight Month
Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.
Incomes, Spending Both Rose in August
Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled
United, Continental Merge to Become World's No. 1
United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Plug-In Guru Charges Obama's Electric Car Push
David Sandalow starts his five-mile commute each day by unplugging an orange extension cord connecting his Toyota Prius hybrid to an outlet
Empire State Building Owner Fights Proposed Rival
Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers
Nikkei Leads World Markets Down
Japan's Nikkei index led world markets lower Tuesday as the yen's rise to a fresh 15-year high against the dollar and a nine-year best against ...
Top China Mortgage Bank Unfazed by Price Declines
Recent declines in real estate prices will have little impact on operations, said Pang Xiusheng, Chief Risk Officer of China Construction Bank.
Taiwanese CEO Barred from Leaving U.S. Pending LCD Probe
The chief executive of a leading Taiwanese LCD screen maker has been barred from leaving the U.S. during a U.S. Justice Department probe
AIG Repays $4 Bil. in Government Loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion
HP Tops Dell Offer for Storage Innovator 3Par
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for ...
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Dell Debuts Inexpensive Android-Based Smart Phone
Dell Inc. said Tuesday its Aero smart phone is now on sale in the U.S. for $99 with a two-year AT&T contract.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
Fitch Downgrades Ireland Credit Rating
Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits
Toys R Us to Hire 45,000 Workers, Plans Stock Sale
Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.
Cheap, Hi-Tech Toys Top Christmas List
This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars
Digital Reading Squeezes Out Finland's Paper Mills
Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office
Asia Stocks Rise on Hopes of More U.S. Stimulus
Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus
Japan Business Confidence Rises for 6th Straight Quarter
Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Hulu Plus to Play on Roku, Tivo Set-Top Boxes
Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers
Recession Widens Rich- Poor Gap, Cuts Marriages
The recession seems to be socking Americans in the heart as well as the wallet: Marriages have hit an all-time low while pleas for food ...
Coca-Cola to Invest $1 Bil. in Philippines
Coca-Cola Co. said Tuesday it will spend $1 billion in the Philippines over the next five years to expand its presence in the fast-growing market
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
LG Chem Adds Mitsubishi Motors As Battery Client
Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
China Studio Buys Stake in Hollywood Production Firm
The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio
ADB Raises Asia Growth Forecast to 8.2%
The Asian Development Bank raised its forecast for the region's economic growth this year, crediting a rapid recovery in exports even as it warned
Blackberry Maker Unveils Small Tablet for Business
The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their ...
Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart
Wal-Mart-Stores Inc. says it has offered to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion.
Nestle to Expand Herbal Medicine Business
Nestle plans to plow hundreds of millions of dollars into expanding its medical nutrition business over the next decade, hoping to capitalize
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
Microsoft Sues Motorola on Smart Phone Patents
Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.
Car Sales Surge Mostly on New Crossovers
New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.
Manufacturing Expands for 14th Straight Month
Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.
Incomes, Spending Both Rose in August
Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled
United, Continental Merge to Become World's No. 1
United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Stocks Waver As Corporate Deals Offset U.S. Data
European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data.
Plug-In Guru Charges Obama's Electric Car Push
David Sandalow starts his five-mile commute each day by unplugging an orange extension cord connecting his Toyota Prius hybrid to an outlet
Empire State Building Owner Fights Proposed Rival
Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers
Nikkei Leads World Markets Down
Japan's Nikkei index led world markets lower Tuesday as the yen's rise to a fresh 15-year high against the dollar and a nine-year best against ...
Top China Mortgage Bank Unfazed by Price Declines
Recent declines in real estate prices will have little impact on operations, said Pang Xiusheng, Chief Risk Officer of China Construction Bank.
Taiwanese CEO Barred from Leaving U.S. Pending LCD Probe
The chief executive of a leading Taiwanese LCD screen maker has been barred from leaving the U.S. during a U.S. Justice Department probe
AIG Repays $4 Bil. in Government Loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion
HP Tops Dell Offer for Storage Innovator 3Par
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for ...
HSBC in Talks to Control Nedbank for $6.8 Bil.
British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group
Dell Debuts Inexpensive Android-Based Smart Phone
Dell Inc. said Tuesday its Aero smart phone is now on sale in the U.S. for $99 with a two-year AT&T contract.
Aussie Mining Stocks Rise on Poll Uncertainty
Stocks in Australia's biggest mining companies rose Monday as the government's plans for a new tax on their profits were thrown into doubt
4 Calif. Banks Among 8 Shut Down by Regulators
Regulators on Friday shut down a big community bank based in Chicago that has been known for its social activism but racked by financial troubles
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Jobless Rate Falls in 18 States, Rises in 14
Unemployment fell in fewer states in July than in the previous three months, a sign that jobs remain scarce nationwide.
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