HP Moves into Networking with $2.7 Bil. 3Com Buy
Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...
Business
Applied Materials to Cut At Least 1,300 Jobs
Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs
ExpressJet Reports 8% Traffic Increase
ExpressJet Holdings Inc. said traffic on its airlines rose 8 percent and planes were more full in October than they were a year ago.
Small Businesses Cut Costs with Home Workers
There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.
U.S. Feared on Course to Repeat Japan's Lost Decade
Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists
Asian Stocks Rise on Growth in China, Japan
Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track
China to Invest $1.5 Bil. in Texas Wind Farm
China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the ...
Equipment Spending Growth Boosts Eonomy
Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.
China's Manufacturing Grows for 8th Straight Month
China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground
AIG Scraps Plans to Sell Japanese Units
American International Group Inc. has dropped plans to sell two Japanese subsidiaries, according to a published report
China's Small-Cap Market Opens for Trading
A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market
Samsung Profits Triple on Booming Sales
Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products
iPhone Reaches China Without WiFi Access
Apple's iPhone is making its long-awaited formal debut in the world's most populous mobile phone market, without a key feature and at higher prices
Japan Jobless Rate Falls for 2nd Straight Month
Japan's unemployment rate fell for the second straight month as companies gained more confidence in the stimulus-fueled global recovery but prices continued to tumble
Strong GDP Growth, Weak Dollar Drive Up Commodities
Commodities prices rebounded Thursday, buoyed by a falling dollar and a stronger-than-expected reading on the economy.
Consumers Return to Pricier Name Brands
Signs of an improving economy might be in your kitchen or bathroom cupboards. Consumers are showing a willingness to pay a little more
Ford Reports $1 Bil. Q3 Profits
Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.
Hawaii Gov to Woo Big Spenders from China
Gov. Linda Lingle will leave on Friday for a two-week excursion to China where she intends to sell Hawaii as a tourism destination and to ...
Alcoa Working with China on Jetliner Development
Alcoa Inc. said Thursday it is working with China on the development of the country's newest and biggest commercial jetliner.
Asia Stocks Continue Slide on Weak U.S. Data
Asian stock markets fell for a third day Thursday after signs of weakness in the U.S. housing market added to fears about the health of ...
Oil Prices Slump on Surprising Gas Supplies
Oil prices hung below $78 a barrel Thursday in Asia as an unexpected jump in U.S. gasoline supplies cast doubt on the strength of a ...
Q3 Data to Show Recession Ended but Doubts Persist
The economy appears back on its feet after being knocked over by the worst recession since the 1930s.
CIT Group Gets $4.5 Bil. More to Restructure Debt
CIT Group Inc., one of the nation's largest lenders to small and mid-sized businesses, said Wednesday it received $4.5 billion in credit from its own ...
New Home Sales Fall Unexpectedly
Shares of homebuilders slid Wednesday as new home sales dropped for the first time in five months.
GM to Post Sales Gains for First Time in 21 Months
General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top ...
China's Geely in Talks to Buy Volvo from Ford
Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...
Walmart.com Challenges Amazon in Book Price War
It was a weird day in the book price wars. The cost of John Grisham's "Ford County," officially released Tuesday, moved up and down like ...
Cisco Forecasts 1st Revenue Growth in Year
Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. ...
Toyota Announces Surprise Profits, Ups Forecast
Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery
China Partners with Statoil in Gulf Licenses
Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore ...
Windows 7 Sales Fantastic in Japan Says Ballmer
Sales of Microsoft Corp.'s new Windows 7 operating system have been "fantastic" in Japan since its launch last month, CEO Steve Ballmer said Thursday.
PayPal May Soon Overshadow Parent eBay
Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will ...
GM Decision to Keep Opel Arouses Indignation
Workers at automaker Opel planned walkouts to protest General Motor Co.'s decision not to sell the European subsidiary, while Germany's government vowed Wednesday to recover ...
Nissan Returns to Profit on China Sales Growth
Struggling Japanese automaker Nissan Motor Co. said Wednesday it climbed back into the black in the latest quarter and predicted a smaller yearly loss
iPhone Has Disappointing China Debut
Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company ...
Disney Theme Park Approved for Shanghai
China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co. said Wednesday, a major step toward setting a ...
Online Subs Put WSJ Ahead of USA Today
The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...
Sales Data Show Auto Industry Stabilizing
After months of roller-coaster results, the U.S. auto industry showed signs of stability in October.
Buffett Buys Burlington Northern for $34 Bil.
Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the ...
Ford Sales Rose 3% in October on Strong Demand
Strong demand for cars and crossovers lifted Ford's U.S. sales 3 percent in October, a positive sign for automakers who are hoping a healthier economy ...
Comcast to Launch E! News Asia in Hong Kong
One of America's best-known entertainment news shows is launching an Asian edition. Los Angeles-based E! Entertainment Television will launch a weekly half-hour edition
Ford to Raise $3.3 Bil. Through Stocks, Debt
Ford Motor Co. said Monday it will ask its lenders for extra time to repay at least some of the $10.1 billion borrowed under a ...
China Movie Studio to Seek Listing on NYSE
A third leading Chinese movie studio is aiming for a listing — this time on the New York Stock Exchange — as the country's entertainment ...
Asian Stocks Fall on Doubts About U.S. Recovery
Asian stock markets were mostly lower Tuesday despite improvement in U.S. manufacturing as doubts lingered about the durability of a rebound in the world's largest ...
Economic Data Boost Hope Recovery Gaining Momentum
Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.
Global Chip Sales Improve, Still Below 2008 Levels
Global semiconductor sales continued to improve in the third quarter, according to an industry trade group, though revenue remains below year-ago levels.
World Stocks Gain on Upbeat Asia Assessment
European stock markets followed Asia higher on Tuesday after the Asian Development Bank upgraded its growth forecasts for major economies like China and India and ...
Japan Air Lines Seeks Bailout
The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...
Falling Exports Keep Japan Mired in Recession
Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...
Honda Introduces Tiny Personal Mobility Device
Honda's new "personal mobility" device looks like a unicycle, but all you need to do to zip around on it — sideways as well as ...
HP Moves into Networking with $2.7 Bil. 3Com Buy
Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...
Applied Materials to Cut At Least 1,300 Jobs
Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs
ExpressJet Reports 8% Traffic Increase
ExpressJet Holdings Inc. said traffic on its airlines rose 8 percent and planes were more full in October than they were a year ago.
Small Businesses Cut Costs with Home Workers
There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.
U.S. Feared on Course to Repeat Japan's Lost Decade
Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists
Asian Stocks Rise on Growth in China, Japan
Asian stock markets were mostly higher Wednesday after figures from China and Japan showed the region's two biggest economies were on track
China to Invest $1.5 Bil. in Texas Wind Farm
China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the ...
Equipment Spending Growth Boosts Eonomy
Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.
China's Manufacturing Grows for 8th Straight Month
China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground
AIG Scraps Plans to Sell Japanese Units
American International Group Inc. has dropped plans to sell two Japanese subsidiaries, according to a published report
China's Small-Cap Market Opens for Trading
A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market
Samsung Profits Triple on Booming Sales
Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products
iPhone Reaches China Without WiFi Access
Apple's iPhone is making its long-awaited formal debut in the world's most populous mobile phone market, without a key feature and at higher prices
Japan Jobless Rate Falls for 2nd Straight Month
Japan's unemployment rate fell for the second straight month as companies gained more confidence in the stimulus-fueled global recovery but prices continued to tumble
Strong GDP Growth, Weak Dollar Drive Up Commodities
Commodities prices rebounded Thursday, buoyed by a falling dollar and a stronger-than-expected reading on the economy.
Consumers Return to Pricier Name Brands
Signs of an improving economy might be in your kitchen or bathroom cupboards. Consumers are showing a willingness to pay a little more
Ford Reports $1 Bil. Q3 Profits
Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.
Hawaii Gov to Woo Big Spenders from China
Gov. Linda Lingle will leave on Friday for a two-week excursion to China where she intends to sell Hawaii as a tourism destination and to ...
Alcoa Working with China on Jetliner Development
Alcoa Inc. said Thursday it is working with China on the development of the country's newest and biggest commercial jetliner.
Asia Stocks Continue Slide on Weak U.S. Data
Asian stock markets fell for a third day Thursday after signs of weakness in the U.S. housing market added to fears about the health of ...
Oil Prices Slump on Surprising Gas Supplies
Oil prices hung below $78 a barrel Thursday in Asia as an unexpected jump in U.S. gasoline supplies cast doubt on the strength of a ...
Q3 Data to Show Recession Ended but Doubts Persist
The economy appears back on its feet after being knocked over by the worst recession since the 1930s.
CIT Group Gets $4.5 Bil. More to Restructure Debt
CIT Group Inc., one of the nation's largest lenders to small and mid-sized businesses, said Wednesday it received $4.5 billion in credit from its own ...
New Home Sales Fall Unexpectedly
Shares of homebuilders slid Wednesday as new home sales dropped for the first time in five months.
GM to Post Sales Gains for First Time in 21 Months
General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top ...
China's Geely in Talks to Buy Volvo from Ford
Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...
Walmart.com Challenges Amazon in Book Price War
It was a weird day in the book price wars. The cost of John Grisham's "Ford County," officially released Tuesday, moved up and down like ...
Cisco Forecasts 1st Revenue Growth in Year
Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. ...
Toyota Announces Surprise Profits, Ups Forecast
Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery
China Partners with Statoil in Gulf Licenses
Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore ...
Windows 7 Sales Fantastic in Japan Says Ballmer
Sales of Microsoft Corp.'s new Windows 7 operating system have been "fantastic" in Japan since its launch last month, CEO Steve Ballmer said Thursday.
PayPal May Soon Overshadow Parent eBay
Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will ...
GM Decision to Keep Opel Arouses Indignation
Workers at automaker Opel planned walkouts to protest General Motor Co.'s decision not to sell the European subsidiary, while Germany's government vowed Wednesday to recover ...
Nissan Returns to Profit on China Sales Growth
Struggling Japanese automaker Nissan Motor Co. said Wednesday it climbed back into the black in the latest quarter and predicted a smaller yearly loss
iPhone Has Disappointing China Debut
Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company ...
Disney Theme Park Approved for Shanghai
China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co. said Wednesday, a major step toward setting a ...
Online Subs Put WSJ Ahead of USA Today
The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...
Sales Data Show Auto Industry Stabilizing
After months of roller-coaster results, the U.S. auto industry showed signs of stability in October.
Buffett Buys Burlington Northern for $34 Bil.
Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the ...
Ford Sales Rose 3% in October on Strong Demand
Strong demand for cars and crossovers lifted Ford's U.S. sales 3 percent in October, a positive sign for automakers who are hoping a healthier economy ...
Comcast to Launch E! News Asia in Hong Kong
One of America's best-known entertainment news shows is launching an Asian edition. Los Angeles-based E! Entertainment Television will launch a weekly half-hour edition
Ford to Raise $3.3 Bil. Through Stocks, Debt
Ford Motor Co. said Monday it will ask its lenders for extra time to repay at least some of the $10.1 billion borrowed under a ...
China Movie Studio to Seek Listing on NYSE
A third leading Chinese movie studio is aiming for a listing — this time on the New York Stock Exchange — as the country's entertainment ...
Asian Stocks Fall on Doubts About U.S. Recovery
Asian stock markets were mostly lower Tuesday despite improvement in U.S. manufacturing as doubts lingered about the durability of a rebound in the world's largest ...
Economic Data Boost Hope Recovery Gaining Momentum
Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.
Global Chip Sales Improve, Still Below 2008 Levels
Global semiconductor sales continued to improve in the third quarter, according to an industry trade group, though revenue remains below year-ago levels.
World Stocks Gain on Upbeat Asia Assessment
European stock markets followed Asia higher on Tuesday after the Asian Development Bank upgraded its growth forecasts for major economies like China and India and ...
Japan Air Lines Seeks Bailout
The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by ...
Falling Exports Keep Japan Mired in Recession
Japan's exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing ...
Honda Introduces Tiny Personal Mobility Device
Honda's new "personal mobility" device looks like a unicycle, but all you need to do to zip around on it — sideways as well as ...
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