Stocks Fall As China Seeks to Slow Lending
Stock futures dropped Tuesday following reports that China is again forcing banks to hold more reserves to slow lending.
Business
IBM Shares Hit All-Time High Monday
IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...
Microsoft Stakes Wireless Future on Cell Phone Software
Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.
World Stocks Stay Up on Fed Easing Hopes
Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.
Stalled Foreclosures Could Derail Housing Recovery
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...
Virgin Galactic Makes First Solo Glide Flight
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans
China Buys a Third of Chesapeake's S. Tex Oil Field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
BOA Forced to Delay Foreclosures in 23 States
Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners
Microsoft Sues Motorola on Smart Phone Patents
Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.
Car Sales Surge Mostly on New Crossovers
New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.
Manufacturing Expands for 14th Straight Month
Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.
Incomes, Spending Both Rose in August
Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled
United, Continental Merge to Become World's No. 1
United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
Verizon Wireless May Refund $90 Mil. in Web Fees
Verizon Wireless could pay out up to $90 million in refunds to cell phone customers who were improperly charged for inadvertent Web access or data
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
Cheap, Hi-Tech Toys Top Christmas List
This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars
Digital Reading Squeezes Out Finland's Paper Mills
Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office
Eurozone Retail Sales Fell Unexpectedly in August
Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign
Fitch Downgrades Ireland Credit Rating
Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits
China Growth to Offset U.S. Weakness Says IMF
The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...
J&J Buys Dutch Biotech Crucell for $2.41 Bil.
Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's
Costco Income Rises on Overseas Strength
Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent
Asia, Europe Stocks Rally on Fed Rate Cut Hopes
Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary
Retail Sales Rose Modestly in September
Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.
Ford to Cut Lincoln Dealerships to Revitalize Brand
Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...
Service Sector Grew in September for 9th Straight Month
The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent
Japanese Stocks Lead World Markets After Rate Cut
Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Japan Cuts Key Interest Rate to Near Zero
Japan's central bank has cut its key interest rate to a range of zero to 0.1 percent, effectively introducing a zero interest rate policy.
Content Partners Sign Up for Google TV's October Launch
Google Inc.'s effort to wed Web surfing with television viewing is gathering more support from major media outlets that distribute some
Foreigners Find Irresistable Deals in U.S. Housing Bust
The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom.
Feds Sue 3 Major Credit Card Cos., Settle with 2
The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement
Toyota Repaired 3.7 Mil. Cars Under Recalls
Toyota Motor Corp. said Monday it had fixed about 3.7 million vehicles in the United States as part of its massive safety recalls, citing progress
Poor Americans Bear High Cost of Going Bankless
The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order.
Asia Stocks Up, Europe Down Ahead of U.S. Data
The continued relative strength of the yen hurt Japanese stocks earlier and the Nikkei 225 stock average closed down 23.17 points
Sanofi-Aventis Launches Hostile Bid for Genzyme
France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture
Toshiba Unveils Glasses-Free 3-D TVs
Toshiba Corp. believes it has a solution for television viewers who like 3-D but hate the glasses.
Germany Boosts 2010 Growth Forecast to 3%
Germany's economy is on course to grow by about 3 percent this year after a spectacular second-quarter growth spurt, the country's central bank
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
Stocks Fall As China Seeks to Slow Lending
Stock futures dropped Tuesday following reports that China is again forcing banks to hold more reserves to slow lending.
IBM Shares Hit All-Time High Monday
IBM shares hit an all-time high Monday. The stock rode a slight market upswing, climbing as high as $139.88 before slipping back to $139.73 in ...
Microsoft Stakes Wireless Future on Cell Phone Software
Microsoft Corp. knows the cell phone world is where it's happening, and it's determined to be a part of it.
World Stocks Stay Up on Fed Easing Hopes
Global stock markets rose Monday amid ongoing expectations that the Federal Reserve will decide to pump more money into the U.S. economy next month.
Stalled Foreclosures Could Derail Housing Recovery
Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a ...
Virgin Galactic Makes First Solo Glide Flight
Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight Sunday, marking another step in the company's eventual plans
China Buys a Third of Chesapeake's S. Tex Oil Field
China's state-owned offshore oil and gas company has bought a one-third interest in 600,000 acres that Chesapeake Energy leases in a South
Japan Jobless Rate Fell to 5.1% in August
Japan's jobless rate improved in August, but prices fell for the 18th straight month as deflation kept its hold on the country's economy.
BOA Forced to Delay Foreclosures in 23 States
Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners
Microsoft Sues Motorola on Smart Phone Patents
Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.
Car Sales Surge Mostly on New Crossovers
New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.
Manufacturing Expands for 14th Straight Month
Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.
Incomes, Spending Both Rose in August
Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled
United, Continental Merge to Become World's No. 1
United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...
Eurozone Unemployment at 10.1% in August
Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery
BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims
BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous
China Manufacturing Picks Up Steam in September
Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.
Verizon Wireless May Refund $90 Mil. in Web Fees
Verizon Wireless could pay out up to $90 million in refunds to cell phone customers who were improperly charged for inadvertent Web access or data
Cheap, Clean and China the Foci of Paris Auto Show
At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
Caterpillar to Raise Prices on Strong Growth
Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.
Green Goes Sleek at Paris Auto Show
Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto
AIG Sells 2 Japanese Units for $4.8 Bil.
AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...
Spain Debt Downgrade Drags Down Stock Prices
Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's
German Jobless Rate Falls to 7.2%
Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly
Waxman Shelves Bill to Control Bandwidth Manipulation
House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules
Cheap, Hi-Tech Toys Top Christmas List
This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars
Digital Reading Squeezes Out Finland's Paper Mills
Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office
Eurozone Retail Sales Fell Unexpectedly in August
Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign
Fitch Downgrades Ireland Credit Rating
Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits
China Growth to Offset U.S. Weakness Says IMF
The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...
J&J Buys Dutch Biotech Crucell for $2.41 Bil.
Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's
Costco Income Rises on Overseas Strength
Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent
Asia, Europe Stocks Rally on Fed Rate Cut Hopes
Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary
Retail Sales Rose Modestly in September
Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.
Ford to Cut Lincoln Dealerships to Revitalize Brand
Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...
Service Sector Grew in September for 9th Straight Month
The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent
Japanese Stocks Lead World Markets After Rate Cut
Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Japan Cuts Key Interest Rate to Near Zero
Japan's central bank has cut its key interest rate to a range of zero to 0.1 percent, effectively introducing a zero interest rate policy.
Content Partners Sign Up for Google TV's October Launch
Google Inc.'s effort to wed Web surfing with television viewing is gathering more support from major media outlets that distribute some
Foreigners Find Irresistable Deals in U.S. Housing Bust
The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom.
Feds Sue 3 Major Credit Card Cos., Settle with 2
The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement
Toyota Repaired 3.7 Mil. Cars Under Recalls
Toyota Motor Corp. said Monday it had fixed about 3.7 million vehicles in the United States as part of its massive safety recalls, citing progress
Poor Americans Bear High Cost of Going Bankless
The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order.
Asia Stocks Up, Europe Down Ahead of U.S. Data
The continued relative strength of the yen hurt Japanese stocks earlier and the Nikkei 225 stock average closed down 23.17 points
Sanofi-Aventis Launches Hostile Bid for Genzyme
France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture
Toshiba Unveils Glasses-Free 3-D TVs
Toshiba Corp. believes it has a solution for television viewers who like 3-D but hate the glasses.
Germany Boosts 2010 Growth Forecast to 3%
Germany's economy is on course to grow by about 3 percent this year after a spectacular second-quarter growth spurt, the country's central bank
Smartphone Boom Slowed by Lagging Chip Production
The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough
Stocks Keep Slipping on Persisting Unease Over Data
Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened.
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