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Toyota Says Flaw in Prius Brakes Fixed Last Month

Toyota acknowledged design problems with the brakes in its prized Prius, adding to the catalog of woes for the Japanese automaker as it reels

Iron-Ore Wars Show Limits of China's Economic Clout

China is pressing to turn its status as the world's biggest steel producer into clout over global miners and cheaper iron ore prices. But its ...

Sony Pictures Lays Off 450 on Declining DVD Sales

Sony Pictures Entertainment is laying off about 450 people mostly in the United States and leaving 100 positions unfilled in order to cut costs

Online Gamer Changyou.com Posts 34% Profit Jump

Changyou.com Ltd., which develops and operates multiplayer online games in China, posted a 34 percent jump in fourth-quarter profit Monday

China Netizens Shrug Off Possible Google Exit

When the online fantasy game "World of Warcraft" was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese

World Stocks Rally on Solid Manufacturing Data

World stocks rallied Monday after solid manufacturing surveys rekindled hopes of a strong recovery in the global economy and kicked off a busy week

JAL to Choose Between Delta and American Soon

The new leaders of Japan Airlines said Monday the carrier will decide on its alliance partner "as soon as possible" but wouldn't provide a timeframe

Replacement Pedals En Route to Toyota Dealers

Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end this week as the automaker ...

Korea Posts Biggest Export Jump in 21 Years

South Korea's exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer

China Manufacturing Grows Despite Tighter Lending

China's manufacturing expanded in January and the outlook was positive despite government efforts to cool inflation by tightening control

Surprise Drop in Jobless Soothes Jumpy Markets

European stock markets and Wall Street futures pared losses Friday after a surprise fall in the U.S. unemployment rate, but investors remained worried

European Stocks Rise Past Debt Fears on Bargain-Hunting

European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal

Power Struggle Scuttles Suntory-Kirin Merger

A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's

Toyota May Benefit from Powerful Friends in D.C.

Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.

Toyota Expected to Announce Prius Recall

Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...

Boeing 747-8 Freighter Set for Monday Test Flight

Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...

PayPal Suspends Some Transactions in India

The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.

Australian Coal Miner Inks Record Export Deal with China

Australian company Resourcehouse Ltd. said Saturday that it has struck a $60 billion, 20-year agreement to supply coal to China Power International Development Ltd.

Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme

An Indian man has pleaded guilty to participating in a scheme to access online brokerage accounts to jack up stock prices and reap thousands of ...

Dollar Surges Against Euro on Greek Debt Crisis

The dollar surged Friday to its highest level against the euro since last May as the U.S. lost more jobs in January and amid mounting ...

Jobless Rate Unlikely to Be Cut Much in 2010

The economy's 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation's 10 percent unemployment rate.

Toyota Chairman Apologizes for Brake Worries

Toyota's president apologized Friday for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation

BMW Sales More Than Double in China

Automaker BMW AG, the world's biggest maker of luxury cars, said Friday that its January sales in China more than doubled from a year earlier.

U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence

World stocks tumbled again Friday as investors worried that the debt crisis enveloping Greece may spread to other vulnerable countries in Europe

Toyota Expands Recall to Priuses Sold in U.S., Japan

Toyota will recall 270,000 Prius hybrid vehicles over brake problems in the United States and Japan, a report said Friday

Feds Oppose Google's Digital Book Deal

The U.S. Justice Department still thinks a proposal to give Google the digital rights to millions of hard-to-find books threatens to stifle competition and undermine ...

IPO Market Suddenly Looks Less Promising

Two IPOs expected to start trading Thursday were delayed as world financial markets continued to decline on concern about the pace of the global economic ...

Southwest Expects Record Revenues in 2010

Last year Southwest Airlines' revenue shrank for the first time ever. Now the CEO says it could rebound with record revenue in 2010.

Firms Boost Productivity Instead of Hiring

Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring.

18 Charged in Theft of Samsung Chip Technology

The world's top producers of computer memory chips are embroiled in an apparent case of industrial espionage after South Korean prosecutors indicted 18

Air New Zealand Offers Bed Seat in Economy

Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a ...

Toyota Halts Sales of Some Models for Repairs

The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry

Target Pulls Farmed Salmon from Shelves, Sushi

Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores

GM to Build Its Own Electric Motors

General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them

Apple Tablet Could Stimulate Video Game Business

When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...

GM Agrees to Sell Saab to Spyker Cars

General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker

Corning Profits Triple on Surging TV, Monitor Sales

Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.

DuPont Profits Soar on Record Asia Demand

Improved sales across its global markets and lower raw material and energy costs led to a fourth-quarter turnaround for DuPont

Delta Q4 Loss Shrinks to $25 Mil.

Delta Air Lines posted a $25 million net loss for the final three months of 2009, much smaller than a year earlier.

UK Economy Grew Just 0.1% in Q4

Britain's worst recession since World War II is officially over — but only just.

China Reassures Phone Companies on Google Android

China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute

Toyota Expects Sales to Grow to 8.27 Mil.

Toyota said Tuesday it plans to sell 8.27 million vehicles worldwide this year, up 6 percent from 2009, showing the world's No. 1 automaker is ...

Shiseido Starts $1.7 Bil. Offer for Bare Escentuals

Japanese cosmetics maker Shiseido Co. said Monday it has started a tender offer to buy all outstanding shares of Bare Escentuals

Apple Earned Record Profits in Q4

Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...

Wall Street Shrugs Off Bad December Housing Data

European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing

Google Wants to Stay in China After Search Exit

Even if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations

Boeing Expected to Post Solid Q4 Profits

Boeing Co., the world's second-largest commercial aircraft maker after Europe's Airbus, reports its fourth-quarter results on Wednesday.

AOL to Buy Web Video Firm for $36.5 Mil.

AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...

Chrysler Seeks Clear Identities for Dodge, Chrysler

Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing

Ericsson to Cut 1,500 Jobs After Dismal Q4

Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after reporting a 92 percent drop in fourth-quarter ...

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