Tesla Opens First Asia Showroom in Tokyo
Tesla, the U.S. maker of electric sportscars, opened its first Asian showroom Monday in a fashionable Tokyo neighborhood, hoping to woo rich
Business
Fiat Hampered by Italian Workers Says CEO
Fiat CEO Sergio Marchionne says the tradition-laden Italian automaker would be better off without Italy and its balky unions, provoking an angry
World Stocks Up on G-20 Currency Pledge
World stocks rose and the dollar slumped Monday after global finance chiefs vowed to avoid a currency war that could derail the global recovery.
Japan's Exports Grew 14.4% in September
Japan's exports in September grew at their slowest pace this year, hit by a strong yen and cooling foreign demand amid concern over the health
China Seen as Top Market for Mercedes-Benz
China will be the world's biggest market for Mercedes-Benz vehicles by 2015, the company has announced. Consequently, Daimler AG pledged
Ford Reports Best Q3 in 20 Years
Ford Motor Co.'s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for ...
German Business Confidence Highest Since March '07
German business confidence has risen to a 3 1/2-year high as gloom lifts over managers' outlook, defying expectations of a fall, a closely watched
More Working Americans Get Food Stamps
Lillie Gonzales does whatever it takes to provide for three ravenous sons who live under her roof. She grows her own vegetables at home on ...
Ericsson Profits Soar on Sony Joint Venture
Swedish wireless equipment maker LM Ericsson AB on Friday said third-quarter net profits rose more than fourfold largely on the back of lower
Baidu Profits Double on China Online Ad Boom
Baidu Inc., which operates China's leading search engine, said Friday its third-quarter net profit more than doubled and revenue jumped 76 percent
UPS Profits Soar on Surging Asian Electronics Imports
UPS Inc. said Thursday the U.S. economy is stable but "unexciting," showing more signs of life but not recovering fast enough.
Caterpillar Doubles Profits on Surging Sales
Strong sales growth in developing countries pushed Caterpillar's third-quarter earnings 96 percent higher, and the world's largest maker of mining
Xerox Profits Double on ACS Acquisition
Xerox said Thursday it doubled its profit in the third quarter, helped by surging demand for its copying equipment and double-digit growth
Google Street View Blocked by 244,000 German Homes
Internet giant Google says more than 244,000 Germans have asked that their homes be made unrecognizable in its Street View program, scheduled
World Stocks Rise on Strong U.S. Earnings
World stocks mostly rose Thursday after figures showed Chinese economic growth holding up slightly better than expected and the U.S. corporate
Wells Fargo Admits Errors in 55,000 Foreclosures
Wells Fargo admitted Wednesday it made mistakes in the paperwork for thousands of foreclosure cases and promised to fix them.
GM Pays Down Govt Debt Ahead of Stock Sale
General Motors Co. moved to strengthen its finances ahead of an initial public stock sale, announcing plans on Thursday to cut debt and pension
Microsoft Beats Views on Rising Business Spending
A swell of spending by businesses on new computers, software and servers helped push Microsoft Corp.'s earnings for the most recent quarter
Daimler Profits Surge Amid Boom in China, U.S. Sales
Car maker Daimler AG's third-quarter net earnings surged as strong sales in China and the U.S. helped push revenue 30 percent higher
Nissan Recalls 2.1 Mil. Cars for Ignition Glitch
Nissan is recalling 2.14 million vehicles worldwide including the popular March and Mycra subcompacts for an ignition problem that may stall the engine
Japan Central Bank Issues Gloomy Growth Forecast
Japan's central bank cut its economic growth forecasts Thursday and kept interest rates near zero, as the export-reliant nation confronts a strong yen
Sharp Rebounds to Profit, Cuts Forecast
A strong yen forced Japan's Sharp Corp. to cut its earnings forecast even as first-half profit rebounded on improved sales of home appliances
Nintendo Sinks into Red for 1st Half
Nintendo sank into the red for the fiscal first half, battered by a rising yen that hurts exports and plunging sales as demand for its ...
Hyundai Profits Match Record on Sales Growth
Hyundai Motor's net profit rose 38 percent in the third quarter on higher sales as growth in emerging markets like China and India helped the ...
Hynix Profits Quadruple to Record on Chip Demand
Hynix Semiconductor, the world's second-largest manufacturer of computer memory chips, said third-quarter net profit more than quadrupled
Toyota Recalls 1.53 Mil. Cars for Brakes, Fuel Pumps
Toyota is recalling 1.53 million Lexus, Avalon and other models, mostly in the U.S. and Japan, for brake fluid and fuel pump problems, the latest
Yahoo Hires News Corp Exec to Boost Ad Sales
ahoo Inc. is turning to a former Internet sharpshooter at News Corp.'s media empire to fill a big hole on its management team.
P&G Grows Sales on Big Brands, Emerging Markets
Procter & Gamble Co. is slowly luring back budget-battered consumers to its big brands, while attracting new buyers around the globe by getting
New MacBook Air Thin, Pricey, Under-Powered
The first MacBook Air laptop hit the catwalk in 2008 as an elegant but somewhat impractical statement about how far Apple would go to make
Shorter TV Ads Lure More Advertisers
And now, a word from our sponsors. A very brief word. TV commercials are shrinking along with attention spans and advertising budgets.
Durable Goods Orders Rise on Aircraft Demand
A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products
U.S. Navy Funds, Uses Fuel Made from Algae
The forest green algae bubbling in a stainless steel fermenting tank in a suburban warehouse may look like primordial pond scum, but it is a ...
China Ranks U.S. 1st, Japan 3rd in Competitiveness
The Blue Book of National Competitiveness published by the China Academy of Social Sciences Monday ranked the U.S. first, EU second, Japan third
Yahoo Offers Improved Free Email Service
Yahoo Inc. is sprucing up its free e-mail service in the latest attempt to persuade people to spend more time on its website.
Coach Profits Surge on Price-Cutting Strategy
Coach Inc. said Tuesday strong demand for its luxury handbags both in North America and overseas helped third-quarter net income rise 34 percent.
France Forced to Cut Half of Flights Amid Strikes
France's civil aviation authority says airlines must drastically cut back on their flights into France on Tuesday due to strikes over the government's pension
China Signals Full Recovery with Rate Hike
China raised its benchmark lending rate Tuesday for the first time since emerging from the global crisis as the government tries to cool inflation
East Asia Output Above Pre-Recession Levels
The World Bank raised its growth forecast for East Asia's developing countries Tuesday but said governments need to control rising risks
IBM Beats Views, Raises Outlook
IBM's net income rose 12 percent and the technology company raised its 2010 profit forecast slightly as it wrings more out of its services and ...
Facebook Apps Found to Be Leaking Personal Data
The latest Facebook privacy fiasco shows that the world's largest online social hub is having a hard time putting this thorny issue behind it even
Airline Profits Soared on Higher Fares, Fees
Fewer seats, higher fares and more money from fees may just add up to the highest quarterly profit in three years for the nation's long-suffering ...
Starbucks Starts Serving Beer, Wine
Something new is on the menu at a renovated Starbucks in Seattle: beer and wine. The store that reopened Monday
China Boosts U.S. Treasury Holdings After Drop
China, the largest holder of U.S. Treasury debt, increased its holdings for a second straight month in August after two months of declines.
Investors Encouraged by Citi Earnings, Housing Data
Better than expected third-quarter earnings from Citigroup Inc. on Monday helped shore up sentiment in stock markets at the start of a busy week
Halliburton Profits Double on Natural Gas Drilling
Halliburton Co. said Monday its net income more than doubled in the third quarter as vigorous drilling for natural gas onshore in the U.S. offset
Posco's $12 Bil. India Plant May Be Halted by Gov't
A government panel wants to withdraw environmental clearances for South Korean steel giant Posco to build a $12 billion steel plant in India
Citi Posts $2.15 Bil. Profit As Loan Losses Decline
Citigroup says it has turned a profit for the third straight quarter as losses from failed loans declined.
Asia Stocks Fall, Dollar Strengthens on Fed Doubts
Asian stocks fell Monday at the start of a busy week on both the economic and corporate news front, while the dollar recouped some recent ...
Hitachi, Johnson Controls Ink Lithium-Ion Battery Pact
Japanese electronics company Hitachi is tying up with a U.S. battery-maker in developing and making batteries for green vehicles, both sides
Nikkei Gains on Tech Optimism
Asian stock markets were mixed in early trading Monday, with Japanese tech shares gaining after Google's upbeat earnings sparked a Nasdaq rally
Tesla Opens First Asia Showroom in Tokyo
Tesla, the U.S. maker of electric sportscars, opened its first Asian showroom Monday in a fashionable Tokyo neighborhood, hoping to woo rich
Fiat Hampered by Italian Workers Says CEO
Fiat CEO Sergio Marchionne says the tradition-laden Italian automaker would be better off without Italy and its balky unions, provoking an angry
World Stocks Up on G-20 Currency Pledge
World stocks rose and the dollar slumped Monday after global finance chiefs vowed to avoid a currency war that could derail the global recovery.
Japan's Exports Grew 14.4% in September
Japan's exports in September grew at their slowest pace this year, hit by a strong yen and cooling foreign demand amid concern over the health
China Seen as Top Market for Mercedes-Benz
China will be the world's biggest market for Mercedes-Benz vehicles by 2015, the company has announced. Consequently, Daimler AG pledged
Ford Reports Best Q3 in 20 Years
Ford Motor Co.'s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for ...
German Business Confidence Highest Since March '07
German business confidence has risen to a 3 1/2-year high as gloom lifts over managers' outlook, defying expectations of a fall, a closely watched
More Working Americans Get Food Stamps
Lillie Gonzales does whatever it takes to provide for three ravenous sons who live under her roof. She grows her own vegetables at home on ...
Ericsson Profits Soar on Sony Joint Venture
Swedish wireless equipment maker LM Ericsson AB on Friday said third-quarter net profits rose more than fourfold largely on the back of lower
Baidu Profits Double on China Online Ad Boom
Baidu Inc., which operates China's leading search engine, said Friday its third-quarter net profit more than doubled and revenue jumped 76 percent
UPS Profits Soar on Surging Asian Electronics Imports
UPS Inc. said Thursday the U.S. economy is stable but "unexciting," showing more signs of life but not recovering fast enough.
Caterpillar Doubles Profits on Surging Sales
Strong sales growth in developing countries pushed Caterpillar's third-quarter earnings 96 percent higher, and the world's largest maker of mining
Xerox Profits Double on ACS Acquisition
Xerox said Thursday it doubled its profit in the third quarter, helped by surging demand for its copying equipment and double-digit growth
Google Street View Blocked by 244,000 German Homes
Internet giant Google says more than 244,000 Germans have asked that their homes be made unrecognizable in its Street View program, scheduled
World Stocks Rise on Strong U.S. Earnings
World stocks mostly rose Thursday after figures showed Chinese economic growth holding up slightly better than expected and the U.S. corporate
Wells Fargo Admits Errors in 55,000 Foreclosures
Wells Fargo admitted Wednesday it made mistakes in the paperwork for thousands of foreclosure cases and promised to fix them.
GM Pays Down Govt Debt Ahead of Stock Sale
General Motors Co. moved to strengthen its finances ahead of an initial public stock sale, announcing plans on Thursday to cut debt and pension
Microsoft Beats Views on Rising Business Spending
A swell of spending by businesses on new computers, software and servers helped push Microsoft Corp.'s earnings for the most recent quarter
Daimler Profits Surge Amid Boom in China, U.S. Sales
Car maker Daimler AG's third-quarter net earnings surged as strong sales in China and the U.S. helped push revenue 30 percent higher
Nissan Recalls 2.1 Mil. Cars for Ignition Glitch
Nissan is recalling 2.14 million vehicles worldwide including the popular March and Mycra subcompacts for an ignition problem that may stall the engine
Japan Central Bank Issues Gloomy Growth Forecast
Japan's central bank cut its economic growth forecasts Thursday and kept interest rates near zero, as the export-reliant nation confronts a strong yen
Sharp Rebounds to Profit, Cuts Forecast
A strong yen forced Japan's Sharp Corp. to cut its earnings forecast even as first-half profit rebounded on improved sales of home appliances
Nintendo Sinks into Red for 1st Half
Nintendo sank into the red for the fiscal first half, battered by a rising yen that hurts exports and plunging sales as demand for its ...
Hyundai Profits Match Record on Sales Growth
Hyundai Motor's net profit rose 38 percent in the third quarter on higher sales as growth in emerging markets like China and India helped the ...
Hynix Profits Quadruple to Record on Chip Demand
Hynix Semiconductor, the world's second-largest manufacturer of computer memory chips, said third-quarter net profit more than quadrupled
Toyota Recalls 1.53 Mil. Cars for Brakes, Fuel Pumps
Toyota is recalling 1.53 million Lexus, Avalon and other models, mostly in the U.S. and Japan, for brake fluid and fuel pump problems, the latest
Yahoo Hires News Corp Exec to Boost Ad Sales
ahoo Inc. is turning to a former Internet sharpshooter at News Corp.'s media empire to fill a big hole on its management team.
P&G Grows Sales on Big Brands, Emerging Markets
Procter & Gamble Co. is slowly luring back budget-battered consumers to its big brands, while attracting new buyers around the globe by getting
New MacBook Air Thin, Pricey, Under-Powered
The first MacBook Air laptop hit the catwalk in 2008 as an elegant but somewhat impractical statement about how far Apple would go to make
Shorter TV Ads Lure More Advertisers
And now, a word from our sponsors. A very brief word. TV commercials are shrinking along with attention spans and advertising budgets.
Durable Goods Orders Rise on Aircraft Demand
A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products
U.S. Navy Funds, Uses Fuel Made from Algae
The forest green algae bubbling in a stainless steel fermenting tank in a suburban warehouse may look like primordial pond scum, but it is a ...
China Ranks U.S. 1st, Japan 3rd in Competitiveness
The Blue Book of National Competitiveness published by the China Academy of Social Sciences Monday ranked the U.S. first, EU second, Japan third
Yahoo Offers Improved Free Email Service
Yahoo Inc. is sprucing up its free e-mail service in the latest attempt to persuade people to spend more time on its website.
Coach Profits Surge on Price-Cutting Strategy
Coach Inc. said Tuesday strong demand for its luxury handbags both in North America and overseas helped third-quarter net income rise 34 percent.
France Forced to Cut Half of Flights Amid Strikes
France's civil aviation authority says airlines must drastically cut back on their flights into France on Tuesday due to strikes over the government's pension
China Signals Full Recovery with Rate Hike
China raised its benchmark lending rate Tuesday for the first time since emerging from the global crisis as the government tries to cool inflation
East Asia Output Above Pre-Recession Levels
The World Bank raised its growth forecast for East Asia's developing countries Tuesday but said governments need to control rising risks
IBM Beats Views, Raises Outlook
IBM's net income rose 12 percent and the technology company raised its 2010 profit forecast slightly as it wrings more out of its services and ...
Facebook Apps Found to Be Leaking Personal Data
The latest Facebook privacy fiasco shows that the world's largest online social hub is having a hard time putting this thorny issue behind it even
Airline Profits Soared on Higher Fares, Fees
Fewer seats, higher fares and more money from fees may just add up to the highest quarterly profit in three years for the nation's long-suffering ...
Starbucks Starts Serving Beer, Wine
Something new is on the menu at a renovated Starbucks in Seattle: beer and wine. The store that reopened Monday
China Boosts U.S. Treasury Holdings After Drop
China, the largest holder of U.S. Treasury debt, increased its holdings for a second straight month in August after two months of declines.
Investors Encouraged by Citi Earnings, Housing Data
Better than expected third-quarter earnings from Citigroup Inc. on Monday helped shore up sentiment in stock markets at the start of a busy week
Halliburton Profits Double on Natural Gas Drilling
Halliburton Co. said Monday its net income more than doubled in the third quarter as vigorous drilling for natural gas onshore in the U.S. offset
Posco's $12 Bil. India Plant May Be Halted by Gov't
A government panel wants to withdraw environmental clearances for South Korean steel giant Posco to build a $12 billion steel plant in India
Citi Posts $2.15 Bil. Profit As Loan Losses Decline
Citigroup says it has turned a profit for the third straight quarter as losses from failed loans declined.
Asia Stocks Fall, Dollar Strengthens on Fed Doubts
Asian stocks fell Monday at the start of a busy week on both the economic and corporate news front, while the dollar recouped some recent ...
Hitachi, Johnson Controls Ink Lithium-Ion Battery Pact
Japanese electronics company Hitachi is tying up with a U.S. battery-maker in developing and making batteries for green vehicles, both sides
Nikkei Gains on Tech Optimism
Asian stock markets were mixed in early trading Monday, with Japanese tech shares gaining after Google's upbeat earnings sparked a Nasdaq rally
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