Baidu Founder Robin Li a Rock Star in Google Country
The billionaire founder of a popular search engine drew a big crowd Wednesday at Stanford University — and it wasn't one of the guys that ...
Business
Top Russian Tycoon to Buy New Jersey Nets
Could the New Jersey Nets become the Nyets? The basketball team once known as the New Jersey Americans is a step closer to being owned ...
Stocks Take Break from Rally Ahead of Fed Decision
Stock futures are creeping higher Wednesday as investors await the Federal Reserve's decision on interest rates. Markets overseas were mixed. Asian markets fell slightly overnight, ...
Choosy McDonald's Sets Rules for Potato Farmers
From the fields of Idaho to tasting rooms in suburban Chicago, potato farmers, researchers and industry representatives are in the midst of an elusive hunt: ...
Fed Likely to Leave Supports in Place
Nurturing a nascent recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low and probably will keep other economic ...
Ford Adds Low-Cost Compact to India Lineup
Ford Motor Co. will manufacture a low-cost compact car in India from early next year, the automaker said Wednesday, as it seeks to boost sales ...
Yahoo to Spend $100 Mil. to Build Brand Buzz
Yahoo Inc. believes a lot of its good work has been overlooked by investors and the media so it's spending more than $100 million to ...
World Stocks Fall on Jitters Over Possible Stimulus Cuts
World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...
Suntory Bids $2.7 Bil. for European Drink Maker Orangina
Japan's Suntory Holdings has made a binding offer to buy European drink maker Orangina from private equity firms Blackstone and Lion Capital, the equity firms ...
Singapore Cuts Citigroup Holdings to Below 5%
A Singapore sovereign wealth fund said Tuesday it has cut its stake in Citigroup Inc. from 9 percent to below 5 percent, reducing its holding ...
Facebook Scraps Beacon Tracking to Settle Lawsuits
Facebook is shutting down its much-maligned Beacon marketing program, launched nearly two years ago amid fanfare only to generate a storm of privacy complaints over ...
August Leading Indicators Higher Than Forecast
A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference Board said ...
Dell to Buy Perot Systems for $3.9
Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business ...
Intel's Hardball Sales Tactics Detailed by EU
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over ...
Emmies Show Acknowledges Decline of TV
A year after its least-watched telecast ever, the Emmy Awards plaintively acknowledged TV's changing role in the Internet age, bringing a collective sense of reckoning ...
World Markets Slip Ahead of Fed Meeting
World stock markets were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. ...
10 Mil. Jobs Would Reward Climate Action Says Blair
Former British Prime Minister Tony Blair says he hopes to break the "deadlock" in global climate talks with evidence that 10 million jobs could be ...
China's Richest Communists Celebrate 60th Birthday
Public loudspeakers in the central square blare the village anthem hourly: "If you want to see a miracle, come to Huaxi." Not that any reminders ...
Asian Stocks Rise on Yen Fall, Wall Street Jump
Asian stocks bounced back Tuesday as big corporate takeovers in the U.S. gave investors a new shot of confidence and the yen retreated from a ...
CNN to Charge Fee to Download Its iPhone App
CNN is coming out with an iPhone application Tuesday that has a feature few other news apps have tried: a price tag. There's been a ...
Japan Fears Deflation on Record Drop in Prices
The government says prices in Japan tumbled at a record pace in August amid growing worries about jobs and wages. The country's core consumer price ...
California Tax Panel Recommends Total Overhaul
A commission charged with reforming California's tax structure will recommend repealing the state sales and corporate taxes, flattening the income tax rate and taxing businesses ...
China Gives Bombardier $4 Bil. Hi-Speed Train Contract
Train maker Bombardier Inc. said Monday its Chinese joint venture has been awarded a $4 billion contract to build 80 high-speed trains for China's railway ...
Asian Stocks Fall on Strengthening Currencies
World stocks fell Monday after disappointing data from the U.S. undermined hopes of a fast economic recovery and a sharp strengthening in Asian currencies hurt ...
Fox Cable News Wins Big by Catering to Angry Wingnuts
Amplifying the nation's political division has been good business for Fox News Channel and MSNBC during this season of anger — but it may come ...
Xerox to Buy Affiliated Computer Svcs for $5.75 Bil.
Xerox has announced a deal to buy the business processing company Affiliated Computer Services for about $5.75 billion.
Airlines Add Baggage Fees to Europe, India, Canada
The big U.S. airlines are charging baggage fees on some international flights, generally coach tickets between Europe and the U.S. or Canada. What you should ...
California Moves toward Major Tax Overhaul
A special commission this week is scheduled to recommend a sweeping overhaul of California's antiquated tax system, a move designed to bring fiscal sanity to ...
China Industrial Profits, Growth Improve in Q2
Profits at China's oil producers, steel makers and other major industrial companies fell 10.6 percent in the first eight months of 2009 from the same ...
Japan to Rescue, Restructure JAL
Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy. "We will not crush and liquidate (the ...
U.S. Banks Earned $5.2 Bil. Trading Derivatives in Q2
U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex ...
New Home Sales Rise but Below Expectations
New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery ...
China to Top Global Auto Sales in 2009
China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...
China Ties Banker Pay to Risk, Rejects Caps
China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...
Ford Ramps Up China Expansion with 3rd Plant
Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...
Rim Outlook Weak on New Phone Delays
BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...
Stocks Fall After Home Sales Data Shows Drop
Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...
JAL Shares Surge on American, Delta Interest
Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...
Cablevision Debuts Interactive Ads on TV
Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...
IRS Eases Commercial Mortgage Refinancing Rules
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...
Shane Kim to Retire from 14-Year Post As Xbox Guru
Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...
Retail, Manufacturing Data Boost Wall Street
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...
Japan Air Lines Hopes to Conclude Merger Talks Soon
Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...
August Retail Sales Up Mainly on Auto, Gas
Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...
Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings
Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...
New Electrics Grab Focus at Frankfurt Auto Show
Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...
Yahoo Gains $150 Mil. on Sale of Alibaba Stake
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...
Financial Reform Push Gives Way to Inertia, Complacency
The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...
NEC, Casio, Hitachi to Merge Cell Phone Business
Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...
Majority of Americans Still Troubled by Economy
One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...
Baidu Founder Robin Li a Rock Star in Google Country
The billionaire founder of a popular search engine drew a big crowd Wednesday at Stanford University — and it wasn't one of the guys that ...
Top Russian Tycoon to Buy New Jersey Nets
Could the New Jersey Nets become the Nyets? The basketball team once known as the New Jersey Americans is a step closer to being owned ...
Stocks Take Break from Rally Ahead of Fed Decision
Stock futures are creeping higher Wednesday as investors await the Federal Reserve's decision on interest rates. Markets overseas were mixed. Asian markets fell slightly overnight, ...
Choosy McDonald's Sets Rules for Potato Farmers
From the fields of Idaho to tasting rooms in suburban Chicago, potato farmers, researchers and industry representatives are in the midst of an elusive hunt: ...
Fed Likely to Leave Supports in Place
Nurturing a nascent recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low and probably will keep other economic ...
Ford Adds Low-Cost Compact to India Lineup
Ford Motor Co. will manufacture a low-cost compact car in India from early next year, the automaker said Wednesday, as it seeks to boost sales ...
Yahoo to Spend $100 Mil. to Build Brand Buzz
Yahoo Inc. believes a lot of its good work has been overlooked by investors and the media so it's spending more than $100 million to ...
World Stocks Fall on Jitters Over Possible Stimulus Cuts
World stock markets fell Thursday amid a big drop in oil prices and as investors worried that support measures for the fragile global economy will ...
Suntory Bids $2.7 Bil. for European Drink Maker Orangina
Japan's Suntory Holdings has made a binding offer to buy European drink maker Orangina from private equity firms Blackstone and Lion Capital, the equity firms ...
Singapore Cuts Citigroup Holdings to Below 5%
A Singapore sovereign wealth fund said Tuesday it has cut its stake in Citigroup Inc. from 9 percent to below 5 percent, reducing its holding ...
Facebook Scraps Beacon Tracking to Settle Lawsuits
Facebook is shutting down its much-maligned Beacon marketing program, launched nearly two years ago amid fanfare only to generate a storm of privacy complaints over ...
August Leading Indicators Higher Than Forecast
A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference Board said ...
Dell to Buy Perot Systems for $3.9
Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business ...
Intel's Hardball Sales Tactics Detailed by EU
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over ...
Emmies Show Acknowledges Decline of TV
A year after its least-watched telecast ever, the Emmy Awards plaintively acknowledged TV's changing role in the Internet age, bringing a collective sense of reckoning ...
World Markets Slip Ahead of Fed Meeting
World stock markets were modestly lower Monday as investors look to this week's Federal Reserve meeting for more clues about the strength of the U.S. ...
10 Mil. Jobs Would Reward Climate Action Says Blair
Former British Prime Minister Tony Blair says he hopes to break the "deadlock" in global climate talks with evidence that 10 million jobs could be ...
China's Richest Communists Celebrate 60th Birthday
Public loudspeakers in the central square blare the village anthem hourly: "If you want to see a miracle, come to Huaxi." Not that any reminders ...
Asian Stocks Rise on Yen Fall, Wall Street Jump
Asian stocks bounced back Tuesday as big corporate takeovers in the U.S. gave investors a new shot of confidence and the yen retreated from a ...
CNN to Charge Fee to Download Its iPhone App
CNN is coming out with an iPhone application Tuesday that has a feature few other news apps have tried: a price tag. There's been a ...
Japan Fears Deflation on Record Drop in Prices
The government says prices in Japan tumbled at a record pace in August amid growing worries about jobs and wages. The country's core consumer price ...
California Tax Panel Recommends Total Overhaul
A commission charged with reforming California's tax structure will recommend repealing the state sales and corporate taxes, flattening the income tax rate and taxing businesses ...
China Gives Bombardier $4 Bil. Hi-Speed Train Contract
Train maker Bombardier Inc. said Monday its Chinese joint venture has been awarded a $4 billion contract to build 80 high-speed trains for China's railway ...
Asian Stocks Fall on Strengthening Currencies
World stocks fell Monday after disappointing data from the U.S. undermined hopes of a fast economic recovery and a sharp strengthening in Asian currencies hurt ...
Fox Cable News Wins Big by Catering to Angry Wingnuts
Amplifying the nation's political division has been good business for Fox News Channel and MSNBC during this season of anger — but it may come ...
Xerox to Buy Affiliated Computer Svcs for $5.75 Bil.
Xerox has announced a deal to buy the business processing company Affiliated Computer Services for about $5.75 billion.
Airlines Add Baggage Fees to Europe, India, Canada
The big U.S. airlines are charging baggage fees on some international flights, generally coach tickets between Europe and the U.S. or Canada. What you should ...
California Moves toward Major Tax Overhaul
A special commission this week is scheduled to recommend a sweeping overhaul of California's antiquated tax system, a move designed to bring fiscal sanity to ...
China Industrial Profits, Growth Improve in Q2
Profits at China's oil producers, steel makers and other major industrial companies fell 10.6 percent in the first eight months of 2009 from the same ...
Japan to Rescue, Restructure JAL
Japan's transport minister said Sunday he will not force the struggling Japan Airlines, Asia's biggest airline, into bankruptcy. "We will not crush and liquidate (the ...
U.S. Banks Earned $5.2 Bil. Trading Derivatives in Q2
U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex ...
New Home Sales Rise but Below Expectations
New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery ...
China to Top Global Auto Sales in 2009
China's auto sales should soar to 12.6 million units this year, up 35 percent from 2008, boosted by subsidies that the industry is lobbying Beijing ...
China Ties Banker Pay to Risk, Rejects Caps
China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said ...
Ford Ramps Up China Expansion with 3rd Plant
Ford Motor Co. said Thursday it will invest $490 million to build an assembly plant in China to produce the next-generation Focus compact car, which ...
Rim Outlook Weak on New Phone Delays
BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for ...
Stocks Fall After Home Sales Data Shows Drop
Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the ...
JAL Shares Surge on American, Delta Interest
Shares of Japan Airlines Corp. surged Monday amid speculation that American Airlines and Delta Air Lines are vying to buy stakes in the money-losing carrier. ...
Cablevision Debuts Interactive Ads on TV
Cablevision Systems Corp. is bringing interactive banner ads to television, allowing viewers to order samples and brochures and even purchase products by clicking the remote ...
IRS Eases Commercial Mortgage Refinancing Rules
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number ...
Shane Kim to Retire from 14-Year Post As Xbox Guru
Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" ...
Retail, Manufacturing Data Boost Wall Street
Investors waded deeper into the stock market Tuesday as a batch of economic reports provided mostly upbeat signals about the economy. Retail sales jumped in ...
Japan Air Lines Hopes to Conclude Merger Talks Soon
Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of ...
August Retail Sales Up Mainly on Auto, Gas
Consumers bought hundreds of thousands of cars in August due mainly to the government's popular Cash for Clunkers program, but economists expect Americans didn't boost ...
Citi Plans $5 Bil. Stock Offering to Cut Fed Holdings
Citigroup is considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the New York-based company would ...
New Electrics Grab Focus at Frankfurt Auto Show
Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy's Fiat. The past year's turbulence will be ...
Yahoo Gains $150 Mil. on Sale of Alibaba Stake
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com. The sale announced Monday is expected to generate a pretax windfall of ...
Financial Reform Push Gives Way to Inertia, Complacency
The rule book for Wall Street may not change that much after all. Tougher financial rules that seemed inevitable after last year's crisis have been ...
NEC, Casio, Hitachi to Merge Cell Phone Business
Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in ...
Majority of Americans Still Troubled by Economy
One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to ...
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