Daimler's Q4 Loss Bigger Than Expected
German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...
Business
U.S. to Probe Toyota Corolla Power Steering
The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
HP Profits Grow 25% on PC Sales, Cost-Cutting
Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.
Eurozone Exports Shrank 18% in 2009
Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...
Toyota Considers Recall of Corolla Power Steering
Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Four Top U.S. Carriers Vie for Central Tokyo Route
The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic
Metronics Introduces Brain-Stimulation Implants
Medtronic Inc. said Tuesday it began marketing two surgically implanted devices that are intended to help relieve symptoms for patients with neurodegenerative diseases.
Foreign Demand for U.S. Securities Falls
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing
Kraft Profits More than Treble on Rising Sales
Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits
World Markets Cautiously Up on Barclays Earnings
World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
Intel Suffered Hacker Attack Same Time As Google's
Intel Corp. has revealed that it was targeted by a "sophisticated" hacker attack this year at about the same time as a spying probe that ...
Toyota Says Recalls May Not Fix Acceleration Problem
Toyota's top U.S. official says the company's massive recalls may "not totally" solve the company's problems with unintended acceleration
Wall Street Bonuses Up 17% in Bailout Year
Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown
100-MPH Lexus Ride to Set Tone for Toyota Hearing
Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday
China Unicom Denies Bidding on Nigerian Phone Co.
State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports
Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee
The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.
$1.5 Bil. LAX Expansion Construction Begins
Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport
Akio Toyoda Vows to Change Company's Ways
Toyota's president says he is changing the way the automaker does business as he addresses the safety problems that have led to the recall of ...
Nordstrom Profits More Than Double
Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier
Akio Toyoda Agrees to Answer More Questions
Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
Baidu Posts 48% Profit Jump on Booming Growth
Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed.
Toyota Recalls 437,000 Hybrids for Brake Fix
Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing ...
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
German Exports Fell Most in 60 Years
German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch
HK Animation Studio Behind TMNT, Astroboy Shuts Down
The Hong Kong studio behind "TMNT" and "Astro Boy" has shut down as its parent company tries to recover from losses.
Nissan Returned to Profit in Q4
Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier
Apple Wins Smart Phone Sales at Blackberry's Expense
Apple Inc.'s iPhone gained a percentage point of U.S. smart phone market share while BlackBerry maker Research in Motion Inc. lost a point in the ...
Dow Closes Below 10,000 for First Time in 3 Months
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
Toyota Plans to Recall 300,000 Priuses
Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday
Honda Adds 437,000 Cars to Global Airbag Recall
Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese ...
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
Daimler's Q4 Loss Bigger Than Expected
German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...
U.S. to Probe Toyota Corolla Power Steering
The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
HP Profits Grow 25% on PC Sales, Cost-Cutting
Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.
Eurozone Exports Shrank 18% in 2009
Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...
Toyota Considers Recall of Corolla Power Steering
Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Four Top U.S. Carriers Vie for Central Tokyo Route
The four biggest U.S. airlines applied on Tuesday for coveted slots at Tokyo's downtown airport, aiming to grab a bigger share of traffic
Metronics Introduces Brain-Stimulation Implants
Medtronic Inc. said Tuesday it began marketing two surgically implanted devices that are intended to help relieve symptoms for patients with neurodegenerative diseases.
Foreign Demand for U.S. Securities Falls
The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing
Kraft Profits More than Treble on Rising Sales
Kraft Foods Inc. said Tuesday its fourth-quarter profit more than tripled on strength in developing markets and continued benefits
World Markets Cautiously Up on Barclays Earnings
World stock markets mostly rose Tuesday after strong earnings from British bank Barclays PLC and ahead of Wall Street's open following a public holiday in ...
Toyota Records Subpoenaed by Federal Grand Jury
Toyota has received a subpoena from a U.S. federal grand jury for documents related to the unintended acceleration of its vehicles and problems in the ...
Intel Suffered Hacker Attack Same Time As Google's
Intel Corp. has revealed that it was targeted by a "sophisticated" hacker attack this year at about the same time as a spying probe that ...
Toyota Says Recalls May Not Fix Acceleration Problem
Toyota's top U.S. official says the company's massive recalls may "not totally" solve the company's problems with unintended acceleration
Wall Street Bonuses Up 17% in Bailout Year
Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed out the financial sector after its meltdown
100-MPH Lexus Ride to Set Tone for Toyota Hearing
Rhonda Smith's story of six miles of interstate terror, as her Lexus suddenly zoomed to 100 miles per hour, will set the mood Tuesday
China Unicom Denies Bidding on Nigerian Phone Co.
State-owned China Unicom Ltd. said Tuesday it has expressed interest in a technical role in the privatization of a Nigerian phone company but denied reports
Calif. Solar Project Gets $1.4 Bil. Federal Loan Guarantee
The Obama administration has given preliminary approval for $1.4 billion in loan guarantees for a massive solar-energy project in California's Mojave Desert.
$1.5 Bil. LAX Expansion Construction Begins
Construction began Monday on a $1.5 billion project to expand the international terminal at Los Angeles International Airport
Akio Toyoda Vows to Change Company's Ways
Toyota's president says he is changing the way the automaker does business as he addresses the safety problems that have led to the recall of ...
Nordstrom Profits More Than Double
Carrying less inventory helped upscale retailer Nordstrom Inc. more than double its second-quarter profit compared with a year earlier
Akio Toyoda Agrees to Answer More Questions
Toyota announced its president will answer more questions on the beleaguered company's massive global recall at a press conference Wednesday
Lufthansa Pilots Strike Disrupts Air Travel
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job
Asia Stocks Up on Strong Growth in Taiwan, Thailand
World markets rose Monday as concerns that U.S. borrowing costs may be increased later this year diminished ahead of a testimony
Campbell Soup Profits Up Despite Falling Sales
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.
Asian Stocks Rebound from U.S. Rate Hike Shock
Asian stock markets rose sharply Monday, recovering from a tumble last week when the U.S. central bank decided to pull back one of its emergency ...
Toyota Boasted of Saving $100 Mil. on Floor Mat Recall
Toyota officials claimed they saved the company $100 million by successfully negotiating with the government on a limited recall of floor mats in some Toyota ...
Toyota Dealers Launch Own Campaign to Reclaim Image
How rattled are Toyota dealers about the company's problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite ...
China Tightens Bank Lending Rules
Banking regulators in China have ordered institutions to tighten controls on risk and carefully scrutinize borrowers' ability to pay their debts
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Asian Stocks Fall on Europe Debt Fears
Asian stock markets extended their slide Monday, after Wall Street notched its fourth straight weekly drop, amid worries over risks from debt troubles
Baidu Posts 48% Profit Jump on Booming Growth
Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed.
Toyota Recalls 437,000 Hybrids for Brake Fix
Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing ...
JAL Rebuffs Delta, Sticks with American
Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier
German Exports Fell Most in 60 Years
German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch
HK Animation Studio Behind TMNT, Astroboy Shuts Down
The Hong Kong studio behind "TMNT" and "Astro Boy" has shut down as its parent company tries to recover from losses.
Nissan Returned to Profit in Q4
Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier
Apple Wins Smart Phone Sales at Blackberry's Expense
Apple Inc.'s iPhone gained a percentage point of U.S. smart phone market share while BlackBerry maker Research in Motion Inc. lost a point in the ...
Dow Closes Below 10,000 for First Time in 3 Months
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
Toyota Plans to Recall 300,000 Priuses
Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday
Honda Adds 437,000 Cars to Global Airbag Recall
Honda Motor Co. is adding 437,000 vehicles to its 15-month old global recall for faulty airbags in the latest quality problem to hit a Japanese ...
U.S. Economic Stress Peaked in December
Weakness in Western energy-producing states helped raise the average U.S. county's economic stress in December to its highest point since the recession
European Stocks Rise Past Debt Fears on Bargain-Hunting
European markets rebounded Monday as investors looked past a slump in Asia and set aside worries about debt problems in countries like Greece and Portugal
Power Struggle Scuttles Suntory-Kirin Merger
A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's
Toyota May Benefit from Powerful Friends in D.C.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
Toyota Expected to Announce Prius Recall
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to ...
Boeing 747-8 Freighter Set for Monday Test Flight
Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 ...
PayPal Suspends Some Transactions in India
The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.
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