Steady Growth Shows Economy on Recovery Track
The economic recovery seems on track for slow but steady gains, after reports Tuesday showed growth in manufacturing activity, construction spending
Business
U.S. Manufacturing Grew on Overseas Demand
U.S. manufacturing activity likely continued to grow in November as demand from overseas ramps up
Japan Central Bank Boosts Money Supply
Japan's central bank decided Tuesday to further ease monetary policy by massaging the economy with cheap loans amid government pressure to respond
Asian Markets Recover As Dubai Fears Ease
Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail
GE to Buy Vivendi's Stake in NBC for Comcast Deal
General Electric Co. has reached an agreement to buy the 20 percent stake in NBC Universal held by French media conglomerate Vivendi SA
Continental Shifts to Cashless Cabin Purchases
Continental Airlines Inc. said Monday that credit and debit cards will be accepted for purchases onboard most of its aircraft starting Tuesday.
Saks Surprises with Q3 Profits
Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...
U.S., Japan Expected to Recover Faster than EU
The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe
Sony Chief Outlines Turnaround Plan
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...
Singapore Economy Grows for 2nd Straight Qtr
Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years
Home Construction Slowdown Cools Stock Market
Investors are turning cautious as an unexpected drop in home construction and disappointing forecasts from technology companies raise concerns
Obama Fears Too Much Stimulus Could Cause Double-Dip Recession
President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery
Wen Says China Doesn't Seek Trade Surplus with U.S.
China's premier has told President Barack Obama that Beijing doesn't seek a trade surplus with the U.S.
Delta, Skyteam Offer JAL $1 Bil. to Dump American
Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation
Beijing Court Blocks Sales of Some Windows Versions
A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system
Korean Regulator Approves iPhone
South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone
GM Analysts Predict Strong November Sales
U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.
Coca Cola Bets on China, India for Fast Growth
Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...
Time Warner to Spin Off AOL Dec. 9
Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.
Nissan, FedEx Urge Massive Move toward Electric Cars
A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...
China Solar Panel Giant to Build Plant in Phoenix
Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix
Korea Exchange, CME Partner for After-Hours Futures Trading
Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures
Stocks Jump on Upbeat Retail Data
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected
GM Reports $1.2 Bil. Loss, Sees Turnaround
General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Toyota to Replace Gas Pedals on 3.8 Mil. Cars
Toyota Motor Corp. said Wednesday it will replace accelerator pedals on 3.8 million recalled vehicles in the United States
Beijing Automotive Looks at Saab After Deal Collapsed
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports
Tire Prices Rise on Tariffs, Rising Demand
Tire prices are inflating. Tariffs on imports, lower supplies and higher demand from drivers buying winter tires are combining to jack up costs.
Saab Future Clouded After Sale Falls Through
A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
New York City's Fiscal Prospects Surprisingly Bright
New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
Employers to Add Jobs Starting Q1
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue
Electronic Editions Save Some Papers from Sharp Declines
While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling ...
IPO Boom Looks to Continue into 2010
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for ...
Sony Hopes Online Service Will Build Brand Loyalty
Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games
Nissan Makes Bid for Electric-Car Leadership
The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars
Old Navy Recovery Boosts Gap Profits
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping
Dollar Rises, Stocks Fall on Weak Economic Data
Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
Steady Growth Shows Economy on Recovery Track
The economic recovery seems on track for slow but steady gains, after reports Tuesday showed growth in manufacturing activity, construction spending
U.S. Manufacturing Grew on Overseas Demand
U.S. manufacturing activity likely continued to grow in November as demand from overseas ramps up
Japan Central Bank Boosts Money Supply
Japan's central bank decided Tuesday to further ease monetary policy by massaging the economy with cheap loans amid government pressure to respond
Asian Markets Recover As Dubai Fears Ease
Asian stock markets rose Tuesday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail
GE to Buy Vivendi's Stake in NBC for Comcast Deal
General Electric Co. has reached an agreement to buy the 20 percent stake in NBC Universal held by French media conglomerate Vivendi SA
Continental Shifts to Cashless Cabin Purchases
Continental Airlines Inc. said Monday that credit and debit cards will be accepted for purchases onboard most of its aircraft starting Tuesday.
Saks Surprises with Q3 Profits
Luxury retailer Saks Inc. eked out a profit for the first time in six quarters, even though its sales fell, by trimming expenses and scaling ...
U.S., Japan Expected to Recover Faster than EU
The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe
Sony Chief Outlines Turnaround Plan
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...
Singapore Economy Grows for 2nd Straight Qtr
Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years
Home Construction Slowdown Cools Stock Market
Investors are turning cautious as an unexpected drop in home construction and disappointing forecasts from technology companies raise concerns
Obama Fears Too Much Stimulus Could Cause Double-Dip Recession
President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery
Wen Says China Doesn't Seek Trade Surplus with U.S.
China's premier has told President Barack Obama that Beijing doesn't seek a trade surplus with the U.S.
Delta, Skyteam Offer JAL $1 Bil. to Dump American
Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation
Beijing Court Blocks Sales of Some Windows Versions
A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system
Korean Regulator Approves iPhone
South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone
GM Analysts Predict Strong November Sales
U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.
Coca Cola Bets on China, India for Fast Growth
Coca-Cola Co. seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle ...
Time Warner to Spin Off AOL Dec. 9
Time Warner said Monday that it will spin off its Internet business, AOL Inc., as a separate company on Dec. 9.
Nissan, FedEx Urge Massive Move toward Electric Cars
A group of businessmen on Monday launched a new coalition to urge the federal government to make a major investment in electric transportation, pointing to ...
China Solar Panel Giant to Build Plant in Phoenix
Gov. Jan Brewer on Monday announced plans for a Chinese-owned solar panel maker to build its U.S. headquarters and a manufacturing plant in the Phoenix
Korea Exchange, CME Partner for After-Hours Futures Trading
Exchange operators CME Group Inc. and Korea Exchange Inc. said Monday they will team up to offer customers after-hours futures
Stocks Jump on Upbeat Retail Data
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected
GM Reports $1.2 Bil. Loss, Sees Turnaround
General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Toyota to Replace Gas Pedals on 3.8 Mil. Cars
Toyota Motor Corp. said Wednesday it will replace accelerator pedals on 3.8 million recalled vehicles in the United States
Beijing Automotive Looks at Saab After Deal Collapsed
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports
Tire Prices Rise on Tariffs, Rising Demand
Tire prices are inflating. Tariffs on imports, lower supplies and higher demand from drivers buying winter tires are combining to jack up costs.
Saab Future Clouded After Sale Falls Through
A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
New York City's Fiscal Prospects Surprisingly Bright
New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
Employers to Add Jobs Starting Q1
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue
Electronic Editions Save Some Papers from Sharp Declines
While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling ...
IPO Boom Looks to Continue into 2010
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for ...
Sony Hopes Online Service Will Build Brand Loyalty
Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games
Nissan Makes Bid for Electric-Car Leadership
The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars
Old Navy Recovery Boosts Gap Profits
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping
Dollar Rises, Stocks Fall on Weak Economic Data
Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
Recent Stories
- Keiko Fujimori Edges Ahead in Brutal Contested Vote Count
- Chip Queen He Tingbo Subverts Moore's Law to Overturn the Global Semiconductor Hierarchy
- Only 30% of Americans Consider the US the World's Greatest Country
- US Spends $25,000 a Month to Store Unusable Contraceptives Stuck in Belgium
- AI Optical Parts Maker Zhongji Innolight Eyes $7 Billion Hong Kong Listing
- US-Iran Peace Deal Kicks the Can Down the Road
- Surging SpaceX Set to Overtake Amazon in Market Value
- US Annual Import Price Rise Highest in 4 Years
- Humbled Trump Points to 'No Nukes' Fig Leaf in Half-Baked Deal
- SpaceX Locks in $60 Billion Cursor Deal to Power AI Coding Push