Foreign Investment in China Doubled in December
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money
Business
Shiseido to Buy Bare Essentials for $1.7 Bil.
Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan
P&G Launches Online Retail Site
The maker of Tide detergent, Pampers diapers and Gillette shavers is taking hundreds of its popular consumer products directly to shoppers
Kodak Sues Apple, RIM for Infringing Camera Patents
Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras
Retail Sales Fall, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles
China Growth Jumps to 10.7% for Q4
China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures
McDonald's Revenues, Profits Jump
More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...
World Stocks Slump on Obama Bank Speech
World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.
China Declares Crisis Over, Shifts Focus to Inflation
China declared it is over the global crisis and signaled a shift in focus to controlling inflation
Obama Pushes to Limit Proprietary Trading by Big Banks
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
GM's Opel to Cut 8,300 Jobs in Europe
General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium
Conan, Staff to Exit NBC for $45 Mil.
NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...
Xerox Profits Jump on Cost-Cutting
Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
World Bank Fears Economic Dip When Stimulus Ends
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning
World Markets Rise As China Cooling Fears Ease
World stock markets rebounded Thursday as receding worries about credit-tightening in China bolstered companies across Asia
NY Times to Charge for Online Access in 2011
The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...
Toyota Takes Stake in Argentina Lithium Mining Venture
A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...
U.S. Recession Fed Hiring at Indian Outsourcing Firms
India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.
World Markets Fall on China Lending Curbs
China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs
Baidu Sues Register.com for Hacking Attack
China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking
LG Display Profits Jump on Surge in Q4 Sales
LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged
IBM Profits Rise 9% As Revenue Growth Resumes
IBM Corp. said Tuesday that it managed a 9 percent increase in profit in the last quarter as the technology company's revenue grew for the ...
JAL's Asia Routes Real Prize of American-Delta Contest
Japan Airlines isn't the real prize in the fight between Delta Air Lines and American Airlines over who gets to partner with the troubled carrier.
China's HK Signs Italian Designer for U.S. Hybrid Car
A former Chinese carmaker planning a hybrid car assembly plant in Alabama has lined up a veteran engineering and design firm
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Obama Considers Levy on Banks
President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Walmart Pulls China-Made Jewelry Cited in News
Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled
Boeing Rethinks Short-Range 787 After Losing Sole Order
Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
Taiwan Semi Reports 130% Chip Sales Jump
Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
China Seeks to Cool Growth on Rising Bubble Fears
China's lavish bank lending spurred a recovery but also pumped up markets as speculators scooped up stocks and property and even dabbled in garlic
Google Founders Likely Force Behind China Stand
Google Inc. co-founders Sergey Brin and Larry Page have always said they put their principles before profit, even to the point of using their control
China Will Stay Top Car Market Says GM Exec
China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
Yahoo Backs Google Response to Email Hacking
Yahoo supports rival Google's threatened departure from China because of computer attacks that pried into the e-mail accounts of human rights activists.
Foreign Investment in China Doubled in December
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money
Shiseido to Buy Bare Essentials for $1.7 Bil.
Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan
P&G Launches Online Retail Site
The maker of Tide detergent, Pampers diapers and Gillette shavers is taking hundreds of its popular consumer products directly to shoppers
Kodak Sues Apple, RIM for Infringing Camera Patents
Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras
Retail Sales Fall, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles
China Growth Jumps to 10.7% for Q4
China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures
McDonald's Revenues, Profits Jump
More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...
World Stocks Slump on Obama Bank Speech
World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.
China Declares Crisis Over, Shifts Focus to Inflation
China declared it is over the global crisis and signaled a shift in focus to controlling inflation
Obama Pushes to Limit Proprietary Trading by Big Banks
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
GM's Opel to Cut 8,300 Jobs in Europe
General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium
Conan, Staff to Exit NBC for $45 Mil.
NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...
Xerox Profits Jump on Cost-Cutting
Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
World Bank Fears Economic Dip When Stimulus Ends
The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning
World Markets Rise As China Cooling Fears Ease
World stock markets rebounded Thursday as receding worries about credit-tightening in China bolstered companies across Asia
NY Times to Charge for Online Access in 2011
The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...
Toyota Takes Stake in Argentina Lithium Mining Venture
A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...
U.S. Recession Fed Hiring at Indian Outsourcing Firms
India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.
World Markets Fall on China Lending Curbs
China's main stock market led global exchanges lower Wednesday as investors fretted about the possibility of further lending curbs
Baidu Sues Register.com for Hacking Attack
China's most popular search engine, Baidu Inc., is accusing its U.S.-based domain name registry of negligence in a lawsuit over a hacking
LG Display Profits Jump on Surge in Q4 Sales
LG Display Co. returned to profit in the fourth quarter of 2009 as higher prices helped boost sales after a U.S. price-fixing fine dragged
IBM Profits Rise 9% As Revenue Growth Resumes
IBM Corp. said Tuesday that it managed a 9 percent increase in profit in the last quarter as the technology company's revenue grew for the ...
JAL's Asia Routes Real Prize of American-Delta Contest
Japan Airlines isn't the real prize in the fight between Delta Air Lines and American Airlines over who gets to partner with the troubled carrier.
China's HK Signs Italian Designer for U.S. Hybrid Car
A former Chinese carmaker planning a hybrid car assembly plant in Alabama has lined up a veteran engineering and design firm
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Obama Considers Levy on Banks
President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Walmart Pulls China-Made Jewelry Cited in News
Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled
Boeing Rethinks Short-Range 787 After Losing Sole Order
Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
Taiwan Semi Reports 130% Chip Sales Jump
Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
China Seeks to Cool Growth on Rising Bubble Fears
China's lavish bank lending spurred a recovery but also pumped up markets as speculators scooped up stocks and property and even dabbled in garlic
Google Founders Likely Force Behind China Stand
Google Inc. co-founders Sergey Brin and Larry Page have always said they put their principles before profit, even to the point of using their control
China Will Stay Top Car Market Says GM Exec
China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
Yahoo Backs Google Response to Email Hacking
Yahoo supports rival Google's threatened departure from China because of computer attacks that pried into the e-mail accounts of human rights activists.
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