China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
Business
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
Cable Co. Cox Enters Cell Phone Business
Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
Cable Co. Cox Enters Cell Phone Business
Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
More Workers Quit Jobs As Economy Improves
One sign of better economic times is when more people start finding jobs. Another is when they feel confident enough to quit them.
Hyundai Resumes India Production Despite Strike
Hyundai Motor has resumed production in India despite an ongoing strike that forced the nation's top car exporter to halt production for two days
Honda Hit by 2nd China Parts Factory Strike
Workers at a second auto parts factory affiliated with Honda Motor Co. walked off the job Wednesday as a strike dragged on at the other ...
China's Agricultural Bank IPO May Be World's Biggest
China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion
GM Recalls 1.5 Mil. Cars for Potential Fire Hazard
General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid
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