Business
Job Losses to Continue During Nascent Recovery
The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from ...
China Unveils 200-Seat Jet at Asia Air Show
China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...
U.S. Falls to 2nd in Economic Competitiveness
The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...
Japan's Current Account Surplus Fell 19.4%
Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the ...
Google China Reshuffles After Kai-Fu Lee Departure
The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding ...
Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid
Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...
World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve
World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...
Comfy Ski Boots Allow Easy Walking — at a Price
Skiing, fun. Walking in ski boots back to the lodge, not so much. In mid-September, a company in Boulder will start selling a ski boot ...
Mortgage Giants Struggling a Year After Fed Takeover
A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no ...
Mitsubishi, Peugeot to Launch Electric Car
PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to launch an electric car in Europe by the end of 2010, the companies said Friday. ...
Global Stocks Rise on M&A Activity, Recovery Signs
The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...
Prius Japan's Top Seller for 4th Month
An auto industry group says Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in August for the fourth straight month. The Japan Automobile ...
Much Fought-Over Kai-Fu Lee Leaves Google
The executive who led Google Inc.'s expansion in China after being hired away from Microsoft Corp. following a high-profile court battle is leaving to start ...
Boeing Plane Orders Fell 11% in August
Boeing Co. said Thursday orders for its commercial jets fell 11 percent in August, as weaker demand for air travel forces airlines to scale back ...
OECD Sees Earlier Recovery Than Forecast
The world economy is headed for an earlier recovery than previously forecast, although the pace of the rebound will likely remain modest for some time ...
Japan's Dainippon Buys Sepracor for $2.6 Bil.
Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...
China Stocks Jump 5% on Strong Lending Data
Chinese shares jumped 5 percent Thursday following reports that lending by big state-owned banks remained robust in August, though they later fell back slightly. The ...
China to Buy $50 Bil. of First IMF Bond Issue
China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...
Geithner Says Stimulus Still Needed to Help Recovery
Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to ...
YouTube to Offer Movie Rentals
YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the ...
Fed Survey Shows U.S. Recession Ended
The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the ...
GM Kicks Off Aggressive Money-Back Campaign
General Motors kicks off a marketing campaign next week pitched by its new chairman and featuring a money-back guarantee — unsatisfied car buyers can get ...
Chinese Gov't to Help Finish Revel's Atlantic City Casino
Revel Entertainment has turned to the Chinese government for help finishing its lavish Atlantic City casino. China State Construction Engineering Corp., the construction arm of ...
Trade, Jobless Data Support Recovery Optimism
The U.S. trade deficit in July hit the highest level in six months as a record rise in imports outpaced a third straight increase in ...
Rick Niu Promoted to CMO for ING's US Retirement Services
Rick Niu, who has been heading up ING's multicultural growth strategy and execution in the U.S., was promoted to chief marketing officer for ING U.S. ...
China Could Be $1 Tril. Green Tech Market
China potentially could be a $500 billion to $1 trillion a year market for environmentally sustainable "green technologies," a group of businesses and experts said ...
Japanese Machinery Orders Fell 9.3%
Japanese machinery orders, a closely watched indicator of corporate capital spending, fell back in July after rising the previous month, the government said Thursday, suggesting ...
Asia, Europe Rise on Fed Optimism
European and Asian stocks rose Thursday and Wall Street was expected to gain at the open after a Federal Reserve report boosted hopes the U.S. ...
Cal High Court Lets Stand Starbucks Award Reversal
The California Supreme Court will not review a appeals court ruling that wiped out an $86 million judgment against coffee giant Starbucks over tip sharing ...
Rhapsody Streaming Music App Okayed for iPhones
RealNetworks Inc.'s subscription music service Rhapsody has been approved for use on iPhones and iPod Touches, the first time Apple Inc. has allowed an on-demand ...
Amazon Exhorts Judge Chin to Block Google Book Deal
Online bookseller Amazon.com Inc. is warning a federal judge that Internet search leader Google Inc. will be able to gouge consumers and stifle competition if ...
Small Businesses Becoming More Optimistic
Small business owners are joining consumers and investors in showing some cautious optimism about the economy. An index that measures owners' optimism rose last month, ...
China's Beijing Auto Joins in Saab Takeover Bid
China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General ...
Asia, Europe Stocks Drop on Export Fear of Weak Dollar
European and Asian stocks drifted lower Wednesday as a drop in the value of the dollar hit world exporters, pushing investors to cash in on ...
Fed Plan to Boost Int'l Visitors Includes $10 Fee
Lawmakers are working together at least one bipartisan venture before turning their full attention to health care. The Senate appears poised to pass a bill ...
Palm to Release Cheaper Lighter Version of Pre
Palm Inc., which revitalized its product line with the Pre smart phone launch in June, is hoping to keep momentum going with the release of ...
Taxpayers Likely to Lose Billions on Auto Bailout
Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a ...
Buyers Hold the Power in Home Sales
The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of ...
China Commissions World's Biggest Solar Power Plant
First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...
At 50 Motown Recalls Founder Berry Gordy
On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...
Job Losses to Continue During Nascent Recovery
The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from ...
China Unveils 200-Seat Jet at Asia Air Show
China showcased its newest and biggest commercial plane Tuesday — a jetliner with as many as 200 seats that could boost the country's fledgling aviation ...
U.S. Falls to 2nd in Economic Competitiveness
The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to ...
Japan's Current Account Surplus Fell 19.4%
Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the ...
Google China Reshuffles After Kai-Fu Lee Departure
The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding ...
Cadbury Rebuffs Kraft's $16.7 Bil. Takeover Bid
Kraft Foods Inc. on Monday proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British ...
World Stocks Rise on U.S. Jobs Data, G-20 Stimulus Resolve
World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government ...
Comfy Ski Boots Allow Easy Walking — at a Price
Skiing, fun. Walking in ski boots back to the lodge, not so much. In mid-September, a company in Boulder will start selling a ski boot ...
Mortgage Giants Struggling a Year After Fed Takeover
A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no ...
Mitsubishi, Peugeot to Launch Electric Car
PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to launch an electric car in Europe by the end of 2010, the companies said Friday. ...
Global Stocks Rise on M&A Activity, Recovery Signs
The stock market headed for a higher open Tuesday as merger news raised investors' optimism about an economic recovery. U.S. stock futures rose, following the ...
Prius Japan's Top Seller for 4th Month
An auto industry group says Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in August for the fourth straight month. The Japan Automobile ...
Much Fought-Over Kai-Fu Lee Leaves Google
The executive who led Google Inc.'s expansion in China after being hired away from Microsoft Corp. following a high-profile court battle is leaving to start ...
Boeing Plane Orders Fell 11% in August
Boeing Co. said Thursday orders for its commercial jets fell 11 percent in August, as weaker demand for air travel forces airlines to scale back ...
OECD Sees Earlier Recovery Than Forecast
The world economy is headed for an earlier recovery than previously forecast, although the pace of the rebound will likely remain modest for some time ...
Japan's Dainippon Buys Sepracor for $2.6 Bil.
Japanese drug company Dainippon Sumitomo Pharma Co. is acquiring U.S. drug maker Sepracor Inc. for about $2.6 billion in an effort to expand in the ...
China Stocks Jump 5% on Strong Lending Data
Chinese shares jumped 5 percent Thursday following reports that lending by big state-owned banks remained robust in August, though they later fell back slightly. The ...
China to Buy $50 Bil. of First IMF Bond Issue
China has agreed to buy $50 billion of the International Monetary Fund's first bond issue in a move that will help to strengthen the body's ...
Geithner Says Stimulus Still Needed to Help Recovery
Treasury Secretary Timothy Geithner said Wednesday that efforts by the United States and other nations to fight a worldwide economic crisis have been able to ...
YouTube to Offer Movie Rentals
YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the ...
Fed Survey Shows U.S. Recession Ended
The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the ...
GM Kicks Off Aggressive Money-Back Campaign
General Motors kicks off a marketing campaign next week pitched by its new chairman and featuring a money-back guarantee — unsatisfied car buyers can get ...
Chinese Gov't to Help Finish Revel's Atlantic City Casino
Revel Entertainment has turned to the Chinese government for help finishing its lavish Atlantic City casino. China State Construction Engineering Corp., the construction arm of ...
Trade, Jobless Data Support Recovery Optimism
The U.S. trade deficit in July hit the highest level in six months as a record rise in imports outpaced a third straight increase in ...
Rick Niu Promoted to CMO for ING's US Retirement Services
Rick Niu, who has been heading up ING's multicultural growth strategy and execution in the U.S., was promoted to chief marketing officer for ING U.S. ...
China Could Be $1 Tril. Green Tech Market
China potentially could be a $500 billion to $1 trillion a year market for environmentally sustainable "green technologies," a group of businesses and experts said ...
Japanese Machinery Orders Fell 9.3%
Japanese machinery orders, a closely watched indicator of corporate capital spending, fell back in July after rising the previous month, the government said Thursday, suggesting ...
Asia, Europe Rise on Fed Optimism
European and Asian stocks rose Thursday and Wall Street was expected to gain at the open after a Federal Reserve report boosted hopes the U.S. ...
Cal High Court Lets Stand Starbucks Award Reversal
The California Supreme Court will not review a appeals court ruling that wiped out an $86 million judgment against coffee giant Starbucks over tip sharing ...
Rhapsody Streaming Music App Okayed for iPhones
RealNetworks Inc.'s subscription music service Rhapsody has been approved for use on iPhones and iPod Touches, the first time Apple Inc. has allowed an on-demand ...
Amazon Exhorts Judge Chin to Block Google Book Deal
Online bookseller Amazon.com Inc. is warning a federal judge that Internet search leader Google Inc. will be able to gouge consumers and stifle competition if ...
Small Businesses Becoming More Optimistic
Small business owners are joining consumers and investors in showing some cautious optimism about the economy. An index that measures owners' optimism rose last month, ...
China's Beijing Auto Joins in Saab Takeover Bid
China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General ...
Asia, Europe Stocks Drop on Export Fear of Weak Dollar
European and Asian stocks drifted lower Wednesday as a drop in the value of the dollar hit world exporters, pushing investors to cash in on ...
Fed Plan to Boost Int'l Visitors Includes $10 Fee
Lawmakers are working together at least one bipartisan venture before turning their full attention to health care. The Senate appears poised to pass a bill ...
Palm to Release Cheaper Lighter Version of Pre
Palm Inc., which revitalized its product line with the Pre smart phone launch in June, is hoping to keep momentum going with the release of ...
Taxpayers Likely to Lose Billions on Auto Bailout
Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a ...
Buyers Hold the Power in Home Sales
The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of ...
China Commissions World's Biggest Solar Power Plant
First Solar Inc. said Tuesday it has received initial approval from the Chinese government to build what may become the largest solar field in the ...
At 50 Motown Recalls Founder Berry Gordy
On Jan. 12, 1959, Elvis Presley was in the Army. The Beatles were a little-known group called The Quarrymen casting about for gigs in Liverpool. ...
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