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 ...
Business
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
Estee Lauder Profits Surge 62% on Asia Growth
Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent
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.
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
Jobless Claims, Durable Orders Hint at Slow Recovery
Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
Ford Surprises with $2.7 Bil. Profits for 2009
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
Smart Phones Boost Nokia Profits 65%
The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent
Toyota Extends Recall to Europe, China
Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.
Hyundai Profits Quadruple on Growth in China, India
Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009
Blatant Imitations of Google, YouTube Start Up in China
Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.
Japan Retail Sales Down for 16th Month in December
Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
GE Cut 6% of Workforce in 2009
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession
Nokia Fights to Keep Edge Against Apple, RIM
Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...
Nestle Reports $10 Bil. Year Profits on Solid Growth
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop
Singapore Expects Up to 6.5% GDP Growth
Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.
Manufacturing Growth Offsets Jobless Rate, Lifts Stocks
The stock market edged higher as news of stronger regional manufacturing offset concerns about unemployment and weak sales at Wal-Mart.
Bayer Regeneron Eye Drug Meets Study Goal
Regeneron Pharmaceuticals Inc. and Bayer HealthCare AG said Thursday their developing VEGF Trap-Eye drug met key vision improvement goals
Wal-Mart Profits Jump Amid Declining Sales
Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world's largest retailer cut costs and slimmed down its inventories.
Daimler's Q4 Loss Bigger Than Expected
German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...
U.S. to Probe Toyota Corolla Power Steering
The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering
Silicon Valley Firm to Unveil Breakthrough Fuel Cell
A secretive Silicon Valley startup working on a new way to produce cleaner energy is taking the wraps off its product: a huge box of ...
Gilette, PGA Move on Without Tiger Woods
The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial
GM Effort to Sell Hummer to Chinese Firm Collapses
Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment
Bloom Stays Secretive on Day Promised for Fuel Cell Debut
Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts
Saks Loss Shrinks in Q4
Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced
Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins
Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size
Fishermen Rally Against Federal Catch Limits
Thousands of fishermen from around the country are gathering Wednesday in front of the Capitol to demand changes to a federal fisheries law
China Firm Seeks Private Equity to Close Hummer Buy
The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators
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
Estee Lauder Profits Surge 62% on Asia Growth
Growth in Asia and a cost-cutting worldwide program helped Estee Lauder's second-quarter profit rise 62 percent
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.
Selling on Good News Means Dips for Stocks
It's the spoiled brat market. Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold.
Japan Inc Pays High Price of Smugness
Toyota is the latest Japanese corporate icon making headlines for all the wrong reasons.
Toyota Gas Pedal Fix Gets U.S. Government Blessing
Toyota Motor Corp. plans to start sending parts to dealers in the coming days to fix a sticky gas pedal problem that has tarnished its ...
Surprising GDP Growth Cheers Markets
The economy's faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers
Samsung Emerges As World's Biggest Tech Giant
Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record ...
Nintendo Chief Discounts Apple iPad Significance
Nintendo's president shrugged off the just unveiled iPad tablet computer from Apple as delivering "no surprises," and displayed as little enthusiasm
Japan's Prices, Wages Continue Falling
Japanese prices and wages continued to fall in December as deflation deepened its grip on the world's second biggest economy. Core consumer prices fell 1.3 ...
Jobless Claims, Durable Orders Hint at Slow Recovery
Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
Ford Surprises with $2.7 Bil. Profits for 2009
Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.
Smart Phones Boost Nokia Profits 65%
The world's biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smart phones and lower costs helped profits rise 65 percent
Toyota Extends Recall to Europe, China
Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.
Hyundai Profits Quadruple on Growth in China, India
Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009
Blatant Imitations of Google, YouTube Start Up in China
Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.
Japan Retail Sales Down for 16th Month in December
Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
GE Cut 6% of Workforce in 2009
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession
Nokia Fights to Keep Edge Against Apple, RIM
Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...
Nestle Reports $10 Bil. Year Profits on Solid Growth
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop
Singapore Expects Up to 6.5% GDP Growth
Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.
Manufacturing Growth Offsets Jobless Rate, Lifts Stocks
The stock market edged higher as news of stronger regional manufacturing offset concerns about unemployment and weak sales at Wal-Mart.
Bayer Regeneron Eye Drug Meets Study Goal
Regeneron Pharmaceuticals Inc. and Bayer HealthCare AG said Thursday their developing VEGF Trap-Eye drug met key vision improvement goals
Wal-Mart Profits Jump Amid Declining Sales
Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world's largest retailer cut costs and slimmed down its inventories.
Daimler's Q4 Loss Bigger Than Expected
German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...
U.S. to Probe Toyota Corolla Power Steering
The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering
Silicon Valley Firm to Unveil Breakthrough Fuel Cell
A secretive Silicon Valley startup working on a new way to produce cleaner energy is taking the wraps off its product: a huge box of ...
Gilette, PGA Move on Without Tiger Woods
The CEO of the Procter & Gamble Co. says he doesn't know whether golfer Tiger Woods will ever appear in another Gillette commercial
GM Effort to Sell Hummer to Chinese Firm Collapses
Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment
Bloom Stays Secretive on Day Promised for Fuel Cell Debut
Bloom Energy, a richly funded Silicon Valley startup, had promised to debut its fuel-cells today. But the company revealed little and is keeping critical parts
Saks Loss Shrinks in Q4
Luxury retailer Saks Inc. reported Wednesday that its loss narrowed in the fourth quarter compared with last year, as results were helped by reduced
Sanyo Aims to Keep Top Battery Spot into Age of Plug-Ins
Sanyo is aiming to maintain its position as the world's No. 1 in rechargeable batteries in the years ahead, taking advantage of the size
Fishermen Rally Against Federal Catch Limits
Thousands of fishermen from around the country are gathering Wednesday in front of the Capitol to demand changes to a federal fisheries law
China Firm Seeks Private Equity to Close Hummer Buy
The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators
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