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Strong GDP Growth, Weak Dollar Drive Up Commodities

Commodities prices rebounded Thursday, buoyed by a falling dollar and a stronger-than-expected reading on the economy.

Consumers Return to Pricier Name Brands

Signs of an improving economy might be in your kitchen or bathroom cupboards. Consumers are showing a willingness to pay a little more

China to Invest $1.5 Bil. in Texas Wind Farm

China took a big leap into the U.S. renewable energy market Thursday, putting up $1.5 billion for a 36,000-acre wind farm in Texas with the ...

Hawaii Gov to Woo Big Spenders from China

Gov. Linda Lingle will leave on Friday for a two-week excursion to China where she intends to sell Hawaii as a tourism destination and to ...

Alcoa Working with China on Jetliner Development

Alcoa Inc. said Thursday it is working with China on the development of the country's newest and biggest commercial jetliner.

Asia Stocks Continue Slide on Weak U.S. Data

Asian stock markets fell for a third day Thursday after signs of weakness in the U.S. housing market added to fears about the health of ...

Oil Prices Slump on Surprising Gas Supplies

Oil prices hung below $78 a barrel Thursday in Asia as an unexpected jump in U.S. gasoline supplies cast doubt on the strength of a ...

Samsung Profits Triple on Booming Sales

Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products

CIT Group Gets $4.5 Bil. More to Restructure Debt

CIT Group Inc., one of the nation's largest lenders to small and mid-sized businesses, said Wednesday it received $4.5 billion in credit from its own ...

New Home Sales Fall Unexpectedly

Shares of homebuilders slid Wednesday as new home sales dropped for the first time in five months.

GM to Post Sales Gains for First Time in 21 Months

General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top ...

China's Geely in Talks to Buy Volvo from Ford

Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...

Japan Carmakers Report Record China Production

Japanese automakers are experiencing a production boom in China with Toyota, Honda and Nissan setting records for September — the latest signs of an emerging ...

Asian Markets Fall on U.S. Consumer Sentiment

Global stock markets dropped Wednesday as more signs American consumers were struggling undermined hopes for a stronger turnaround in the world's largest economy.

Ex-AMD CEO Fingered As Leaker in Galleon Case

Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential ...

GMAC in Talks with Treasury for 3rd Round of Bailout

GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline ...

China Movie Studio to Seek Listing on NYSE

A third leading Chinese movie studio is aiming for a listing — this time on the New York Stock Exchange — as the country's entertainment ...

Nissan Returns to Profit on China Sales Growth

Struggling Japanese automaker Nissan Motor Co. said Wednesday it climbed back into the black in the latest quarter and predicted a smaller yearly loss

iPhone Has Disappointing China Debut

Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company ...

Disney Theme Park Approved for Shanghai

China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co. said Wednesday, a major step toward setting a ...

Walmart.com Challenges Amazon in Book Price War

It was a weird day in the book price wars. The cost of John Grisham's "Ford County," officially released Tuesday, moved up and down like ...

Sales Data Show Auto Industry Stabilizing

After months of roller-coaster results, the U.S. auto industry showed signs of stability in October.

Buffett Buys Burlington Northern for $34 Bil.

Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the ...

Ford Sales Rose 3% in October on Strong Demand

Strong demand for cars and crossovers lifted Ford's U.S. sales 3 percent in October, a positive sign for automakers who are hoping a healthier economy ...

Comcast to Launch E! News Asia in Hong Kong

One of America's best-known entertainment news shows is launching an Asian edition. Los Angeles-based E! Entertainment Television will launch a weekly half-hour edition

Ford to Raise $3.3 Bil. Through Stocks, Debt

Ford Motor Co. said Monday it will ask its lenders for extra time to repay at least some of the $10.1 billion borrowed under a ...

7 Calif Cities Top Nation in Median Home Values

Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of ...

Asian Stocks Fall on Doubts About U.S. Recovery

Asian stock markets were mostly lower Tuesday despite improvement in U.S. manufacturing as doubts lingered about the durability of a rebound in the world's largest ...

Economic Data Boost Hope Recovery Gaining Momentum

Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.

Global Chip Sales Improve, Still Below 2008 Levels

Global semiconductor sales continued to improve in the third quarter, according to an industry trade group, though revenue remains below year-ago levels.

Ford Reports $1 Bil. Q3 Profits

Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.

Equipment Spending Growth Boosts Eonomy

Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.

China's Manufacturing Grows for 8th Straight Month

China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground

AIG Scraps Plans to Sell Japanese Units

American International Group Inc. has dropped plans to sell two Japanese subsidiaries, according to a published report

China's Small-Cap Market Opens for Trading

A new Chinese stock exchange meant to nurture small and high-tech enterprises, modeled on the U.S.-based Nasdaq market

Hulu May Start Charging for Video Access

Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...

Fortune Makes Big Changes to Cope with Ad Slump

Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...

Home Sales Rebound on Tax Credit, Foreclosures

With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.

Amazon Profits Blow Past Estimates

Amazon.com Inc.'s third-quarter results blew past analyst expectations, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.

Kia Profits Swell to Record on Sales Growth

Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean ...

$300-Bil Est. for National High-Speed Rail Lines

Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects

Taiwan Lifts Ban on U.S. Beef in Bone

Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.

Hynix Reports First Quarterly Profit in Two Years

Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...

Netflix Q3 Earnings Surge 48% on Subscriber Boom

Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...

Feds Unveil Plans to Limit Top Executive Pay at Banks

The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...

Biggest Solar Power Plant Set to Open in Florida

Greg Bove steps into his pickup truck and drives down a sandy path to where the future of Florida's renewable energy plans begin: Acres of ...

India's Reva to Build Electric Cars in New York

An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...

Asia Stocks Fall on Wells, China Stimulus Cut Fears

World stock markets fell sharply Thursday as investor optimism was dented by a broker downgrade of U.S. bank Wells Fargo and concerns about future Chinese ...

Hyundai Posts Treble in Q3 to New Record

Hyundai Motor Co., South Korea's largest automaker and a growing force in the global industry, said third-quarter net profit more than tripled to a record ...

China Growth Revs Up to 8.9% in Q3

China's economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices ...