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Business

New Short-Range Wi-Fi to Be 10 Times Faster

The industry group that supports Wi-Fi is adopting a new technology that should boost data speeds more than 10 times at short distances

Euro Drops Back After Bailout Bounce

The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated

J.C. Penney Profits More Than Double

J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements

Mizuho Swings to $2.6 Bil. Profit As Japan Recovers

Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black

World Stocks Fall on Euro Debt, U.S. Jobless

World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow

Lawyers Vie to Lead Mass Suits Against Toyota

Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position

Google Says China Situation Stable for Now

Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out

Adobe Fires Back at Apple with Love Ad Campaign

Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...

Ford CEO Expects Solid Profits for 2010

Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.

Stocks End Down on Sluggish Job-Growth Data

A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.

Apple Shares Touch New Record on iPad Hopes

Apple Inc.'s stock flirted with $300 Tuesday as investors high on the iPad's promise pushed shares to a record peak. Analysts see few reasons

Walgreens Postpones Sales of Genetic Tests

The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test

Sony Reports First Yearly Loss on Revenue Drop

Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.

Asian Stocks Rally on Positive Europe News

Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain

Cisco Profits Jump 63% on Revenue Rebound

Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence

SAP Buys Sybase to Bolster Fight Against Oracle

German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...

Another Possible iPhone Prototype Turns Up in Vietnam

Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.

Samsung Life Shares Jump After Record IPO

Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...