Galaxy Tablet Release Fuels Samsung-Apple Rivalry
Samsung Electronics has timed the unveiling of its Galaxy Tab tablet PC in Korea for Thursday to coincide with the debut of Apple's MacBook Air ...
Business
Economists See Silver Lining in Impending Gridlock
The Republicans' sweeping gains in Tuesday's elections hardly guarantee they can enact their own prescriptions for the ailing economy.
Clothing Sales Surprisingly Strong in October
After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.
World Bank Raises China Growth Outlook
China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce
Asia Stocks Rise As GOP Piles Up House Seats
Asian stocks were mostly higher Wednesday as markets digested news that Republicans gained control of the House in midterm U.S. elections
Ford, GM Valuations Rely Increasingly on Global Sales
If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's ...
14.4% of U.S. Homes Vacant As Ownership Falls
The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.
Mizuho Swings to $2.6 Bil. Profit As Japan Recovers
Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black
GM Reports First Profits in 3 Years
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.
Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.
Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash
Europe Stocks Rebound As Euro Hits New 4-Year Low
European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...
Trichet Says Europe Economy At Its Worst Since WWI
The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries
Japan Machinery Orders Rose 5.4% in March
Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months
Locke Pushes U.S. Green Tech on Reluctant China
U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.
FDIC Shuts Down 4 Banks to Bring Year's Total to 72
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri
Jobs Called Chen to Get iPhone Prototype Back
Brian Hogan's world closed in fast almost as soon as he sold the next-generation iPhone he found in a Silicon Valley bar to a popular ...
Euro at 4-Year Lows on Debt Fears
The euro sank to just above a 4-year low against the dollar Friday as economic data suggested a stronger recovery in the U.S. while the ...
J.C. Penney Profits More Than Double
J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
World Stocks Fall on Euro Debt, U.S. Jobless
World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow
Lawyers Vie to Lead Mass Suits Against Toyota
Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position
Google Says China Situation Stable for Now
Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out
Adobe Fires Back at Apple with Love Ad Campaign
Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...
Ford CEO Expects Solid Profits for 2010
Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.
Stocks End Down on Sluggish Job-Growth Data
A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.
Euro Drops Back After Bailout Bounce
The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated
Walgreens Postpones Sales of Genetic Tests
The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test
Sony Reports First Yearly Loss on Revenue Drop
Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Sears Income Falls on Bigger Appliance Discounts
Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.
Toyota Expert Calls for Akio Toyoda to Step Down
An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors
Singapore GDP Soars 15.5% in Q1
Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back
Japan's Economy Grows for 4th Straight Quarter
Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.
Target Profits Up 29% on Card Boost, Clothing Sales
Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
Asian Stocks Rally on Positive Europe News
Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
Stocks Surge on Euro Defense Efforts
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal
Galaxy Tablet Release Fuels Samsung-Apple Rivalry
Samsung Electronics has timed the unveiling of its Galaxy Tab tablet PC in Korea for Thursday to coincide with the debut of Apple's MacBook Air ...
Economists See Silver Lining in Impending Gridlock
The Republicans' sweeping gains in Tuesday's elections hardly guarantee they can enact their own prescriptions for the ailing economy.
Clothing Sales Surprisingly Strong in October
After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.
World Bank Raises China Growth Outlook
China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce
Asia Stocks Rise As GOP Piles Up House Seats
Asian stocks were mostly higher Wednesday as markets digested news that Republicans gained control of the House in midterm U.S. elections
Ford, GM Valuations Rely Increasingly on Global Sales
If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's ...
14.4% of U.S. Homes Vacant As Ownership Falls
The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.
Mizuho Swings to $2.6 Bil. Profit As Japan Recovers
Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black
GM Reports First Profits in 3 Years
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.
Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.
Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash
Europe Stocks Rebound As Euro Hits New 4-Year Low
European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...
Trichet Says Europe Economy At Its Worst Since WWI
The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries
Japan Machinery Orders Rose 5.4% in March
Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months
Locke Pushes U.S. Green Tech on Reluctant China
U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.
FDIC Shuts Down 4 Banks to Bring Year's Total to 72
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri
Jobs Called Chen to Get iPhone Prototype Back
Brian Hogan's world closed in fast almost as soon as he sold the next-generation iPhone he found in a Silicon Valley bar to a popular ...
Euro at 4-Year Lows on Debt Fears
The euro sank to just above a 4-year low against the dollar Friday as economic data suggested a stronger recovery in the U.S. while the ...
J.C. Penney Profits More Than Double
J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
World Stocks Fall on Euro Debt, U.S. Jobless
World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow
Lawyers Vie to Lead Mass Suits Against Toyota
Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position
Google Says China Situation Stable for Now
Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out
Adobe Fires Back at Apple with Love Ad Campaign
Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...
Ford CEO Expects Solid Profits for 2010
Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.
Stocks End Down on Sluggish Job-Growth Data
A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.
Euro Drops Back After Bailout Bounce
The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated
Walgreens Postpones Sales of Genetic Tests
The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test
Sony Reports First Yearly Loss on Revenue Drop
Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Sears Income Falls on Bigger Appliance Discounts
Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.
Toyota Expert Calls for Akio Toyoda to Step Down
An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors
Singapore GDP Soars 15.5% in Q1
Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back
Japan's Economy Grows for 4th Straight Quarter
Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.
Target Profits Up 29% on Card Boost, Clothing Sales
Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
Asian Stocks Rally on Positive Europe News
Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
Stocks Surge on Euro Defense Efforts
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal
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