Ford to End Mercury Production in 2010

Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.

China's Agricultural Bank IPO May Be World's Biggest

China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion

GM Recalls 1.5 Mil. Cars for Potential Fire Hazard

General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid

GM to Keep 900 More Dealers Than Planned

About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve.

Protesters Picket Apple, Foxconn at HK Meeting

Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate

Asia Stocks Rise, Europe Falls

European stocks fell Tuesday, as investors worried that growth would be hurt by the region's sprawling debt crisis and spending cuts.

4th Strike Since 2008 Halts India Hyundai Production

Striking workers forced Hyundai Motor to stop all production in India on Monday, the latest in a series

Debit Card Fees Pit Retailers Against Banks

Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate.

Apple Answers Android with June 24 iPhone 4 Debut

The next iPhone comes out June 24 and will have a higher-resolution screen, longer battery life and thinner design.

China's Stock Market Defies Robust Real Growth

Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.

Suicide-Plagued Foxconn Raises Worker Wages

The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an ...

Japan Carmakers Enjoy Sales, Export Boom in April

Japan's biggest automakers posted major production and sales gains in April, as robust growth in China and elsewhere in Asia continued to fuel demand.

Ford May Be About to Discontinue Mercury Line

Mercury could soon be the latest Detroit car brand to disappear. Ford Motor Co. is assessing the future of Mercury, although a final decision

J&J Probed for "Phantom Recall" of Pain Relievers

Congressional investigators said Wednesday that Johnson & Johnson hired a private company that bought up defective packets of pain relievers in 2008

Stocks Surge on Word China to Hold European Debt

Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.

Tiffany Profits Double on Soaring Asia Sales

Jewelry and gift seller Tiffany & Co.'s net income more than doubled in the first quarter as its revenue rose in the U.S. and soared ...

Costco Profits Jump 46% on Sales, Memberships

Costco Wholesale Corp.'s profit climbed 46 percent in the fiscal third quarter as sales and membership revenue both rose.

Honda China Plant Stopped by Worker Strike

Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.

Asia, Europe Stocks Rise on Asian, U.S. Data

World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth

iPad Launch Draws Long Lines in Asia, Europe

Shoppers are mobbing Apple's flagship store in London in hopes of getting the gadget of the moment — the iPad.

Asian Stocks Fall on Europe Debt Fears

Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly

Yahoo Paints Brighening Picture Through 2013

Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings

Feds Profit from $6.2 Bil. Sale of Citigroup Stock

The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...

Euro Slide Pushes Dow to Sub-10K Close

A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...

Facebook Faces Growing Privacy Protests

Facebook is simplifying its privacy controls amid growing unrest from many of its users.

Durables, New Home Sales Buffer Against Europe

Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired.

Durable Goods Orders Rise 2.9% in April

Orders to U.S. factories for big-ticket manufactured goods surged in April, propelled by a rebound in demand for commercial aircraft.

Recovery Gains Steam in Developed Economies

Ghosn Charged Up about Leaf Electric's U.S. Debut

Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands

Construction, Manufacturing Data Reverse Stock Declines

Stocks are erasing early losses after reports on construction spending and manufacturing signal that the economy is continuing its recovery.

Pending Home Sale Forecasts Boost Stocks

Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

Most Carmakers Post Double-Digit Gains for May

Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.

Spain's Borrowing Costs Rise to Alarming Levels

Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid

German Car Exports Jump 49% in May

German car exports increased by nearly half in May compared to a year earlier but sales continued to slide at home, an industry group said ...

Prudential Gives Up Bid to Buy AIA from AIG

Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.

Taiwanese e-Readers Use Efficient Ink-Based Displays

aiwanese electronics firms displayed a slew of e-readers at an industry show Tuesday, with one maker unveiling a lightweight model that can display

BP Shares Plunge As It Begins Big Cut-and-Cap Bid

BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed to plug the worst ...

Europe's Ryanair Soars Back into Full-Year Profit

European budget airline Ryanair announced a return to robust full-year profits Tuesday and unveiled its first-ever cash dividend to shareholders

HP to Cut 9,000 Jobs, Take $1 Bil. in Charges

Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial ...

Foreclosure Rate Levels Off As Banks Wait

The foreclosure crisis appears to be leveling off.

Europe Debt Crisis Breakdown by Country

Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil.

iPad Sales Hit 2 Mil. Mark

Apple Inc. said Monday that iPad sales have topped 2 million since its launch nearly two months ago.

AsusTek Unveils Tablet PC Running Windows 7

Taiwan's AsusTek Computer Inc. unveiled Monday a portable tablet computer that runs on Microsoft's Windows 7 operating system

Honda to Restart China Line After Parts Plant Strike

Honda Motor Co. said Monday that it hopes to resume stalled production at its auto factories in southern China by tomorrow following a strike at ...

India Returns to Pre-Recession Growth

A rebound in manufacturing and recovering farm output drove India's quarterly economic growth to 8.6 percent, the best in two years

Panasonic Buys Sanyo, Seeks Solar Power Lead

Panasonic Corp. is banking on the solar-panel business that it gained by acquiring domestic rival Sanyo, aiming for top market share of at least 35 ...

Japan Factory Output Up for 2nd Straight Month

Japan's industrial production rose for a second straight month in April propelled by robust growth in China and the rest of Asia.

April Consumer Spending Hints at Slow Recovery

Consumer spending was stagnant in April while incomes posted a tiny advance, signs that the economic recovery could slow.

Greater Oil Demands Expected from China and India

World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China

Solar Company, China's First World Cup Sponsor

China did not qualify for the World Cup, but the country is still making an appearance in South Africa. An ambitious Chinese solar company, the ...