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Business
Durable Goods Orders Rise on Aircraft Demand
A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products
U.S. Navy Funds, Uses Fuel Made from Algae
The forest green algae bubbling in a stainless steel fermenting tank in a suburban warehouse may look like primordial pond scum, but it is a ...
China Ranks U.S. 1st, Japan 3rd in Competitiveness
The Blue Book of National Competitiveness published by the China Academy of Social Sciences Monday ranked the U.S. first, EU second, Japan third
Yahoo Offers Improved Free Email Service
Yahoo Inc. is sprucing up its free e-mail service in the latest attempt to persuade people to spend more time on its website.
Coach Profits Surge on Price-Cutting Strategy
Coach Inc. said Tuesday strong demand for its luxury handbags both in North America and overseas helped third-quarter net income rise 34 percent.
Ford Reports Best Q3 in 20 Years
Ford Motor Co.'s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for ...
India Backs Off Threat to Ban Blackberries
India has followed the United Arab Emirates in backing off from a threat to ban popular services on Blackberry devices, amid growing global concern
Sept Consumer Spending Weaker on Income Dip
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
AIG to Repay $37 Bil. Govt Bailout
AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government ...
Lower TV Glass Demand Crimps Corning Profits
Corning Inc. says its profit jumped 22 percent in the third quarter but it missed Wall Street expectations on lower sales of glass for flat-panel ...
Why Jobless Rates Stay High Despite Growth
An economy growing 2 percent a year might be tolerable in normal times. Today, it's a near-disaster.
China Manufacturing Data Lifts Asia Stock Markets
World stock markets rose modestly Monday following a fairly strong Chinese manufacturing survey — but trading was subdued as investors waited
Nissan Unveils Electric Two-Seat Concept Car
Nissan showed a two-seater electric vehicle resembling a go-cart Monday that isn't ready for sale but spotlights the Japanese automaker's ambitions
Galaxy S Lifts Samsung Past HTC in Smart Phones
The success of its Galaxy S has moved Samsung Electronics up into the number 4 spot among smartphone makers wth 7.85 million sold in the ...
Pontiac Laid to Rest After Storied Life
Pontiac, whose muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens, is going out of business on Sunday.
Strong Intel Sales, Profits Augur Well for PC Sales
Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.
YouTube CEO Chad Hurley Moves to Fashion Business
YouTube CEO Chad Hurley is surrendering the reins of the popular video website that he started with two buddies as a quirky curiosity and went ...
Declining Demand Seen for LCDs Despite Solid Profits
Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S.
Honda, Mazda Profits Soar Despite Strong Yen
Japanese automakers Honda and Mazda posted hefty profits despite a strengthening yen as the global recovery and government incentives for green
Panasonic Profits Quintuple on LCDs, Auto Electronics
Panasonic, Japan's biggest home appliance maker, said Friday its quarterly profit surged more than fivefold on strong consumer demand despite
Sony Returns to Modest Profits
Sony Corp. says it returned to black in the July-September quarter on better sales of its PlayStation gaming consoles and personal computers.
Japan Cuts Production As Consumer Prices Fall
Japan's factories made fewer goods in September as makers of cars and electronic devices cut production while consumer prices fell for the 19th
Samsung Profits Hit Another Record on Chips, Phones
Samsung Electronics Co. said net profit rose 17 percent in the third quarter to a record high amid strength in its semiconductor and mobile
GM Pays Down Govt Debt Ahead of Stock Sale
General Motors Co. moved to strengthen its finances ahead of an initial public stock sale, announcing plans on Thursday to cut debt and pension
France Hobbled by Strikes Over Retirement Age
French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas
Korea Wins Control of UK's Dana Petroleum
Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted
Asia Has 3 of World's Most Expensive Shopping Streets
A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul
Asia Stocks Dip on U.S. Jobs Data, Strong Yen
Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.
HSBC CEO to Leave After Losing Bid for Chairmanship
HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...
German Business Mood Highest in 3 Years
German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business
Japan Intervenes Again to Weaken Yen
Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.
Jobless Claims Nudge Back Up to 465,000
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market
Home Sales Rose to 2nd Lowest Level of Decade
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales
Blockbuster Seeks Chapter 11 Protection
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks
Growth in Durables Orders Sends Stocks Up
Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation
Euro Slips on Weak Business Sentiment
The euro gave up some of its recent gains against the dollar Thursday as traders booked profits after a survey showed business sentiment
Small Business Bill Set for Passage Amid Tepid Interest
A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear
Philly Becomes Biggest U.S. City with Casino
Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.
Michael Dell Flashes 7-Inch Android Tablet
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.
Adobe Profits Soar but Cautious on Outlook
Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue
Yuan Hits New High As Dollar Weakens
The yuan hit a new high of 6.6997 against the U.S. dollar on Tuesday, the highest level since June 19 when China pledged to make ...
CarMax Posts Higher Profits on Strong Used-Car Sales
Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales
Asia Stocks Gain in Thin Holiday Trading
Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
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
Asia Stocks Rise on Hopes of More U.S. Stimulus
Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus
Japan Business Confidence Rises for 6th Straight Quarter
Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Hulu Plus to Play on Roku, Tivo Set-Top Boxes
Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers
Shorter TV Ads Lure More Advertisers
And now, a word from our sponsors. A very brief word. TV commercials are shrinking along with attention spans and advertising budgets.
Durable Goods Orders Rise on Aircraft Demand
A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products
U.S. Navy Funds, Uses Fuel Made from Algae
The forest green algae bubbling in a stainless steel fermenting tank in a suburban warehouse may look like primordial pond scum, but it is a ...
China Ranks U.S. 1st, Japan 3rd in Competitiveness
The Blue Book of National Competitiveness published by the China Academy of Social Sciences Monday ranked the U.S. first, EU second, Japan third
Yahoo Offers Improved Free Email Service
Yahoo Inc. is sprucing up its free e-mail service in the latest attempt to persuade people to spend more time on its website.
Coach Profits Surge on Price-Cutting Strategy
Coach Inc. said Tuesday strong demand for its luxury handbags both in North America and overseas helped third-quarter net income rise 34 percent.
Ford Reports Best Q3 in 20 Years
Ford Motor Co.'s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for ...
India Backs Off Threat to Ban Blackberries
India has followed the United Arab Emirates in backing off from a threat to ban popular services on Blackberry devices, amid growing global concern
Sept Consumer Spending Weaker on Income Dip
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
AIG to Repay $37 Bil. Govt Bailout
AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government ...
Lower TV Glass Demand Crimps Corning Profits
Corning Inc. says its profit jumped 22 percent in the third quarter but it missed Wall Street expectations on lower sales of glass for flat-panel ...
Why Jobless Rates Stay High Despite Growth
An economy growing 2 percent a year might be tolerable in normal times. Today, it's a near-disaster.
China Manufacturing Data Lifts Asia Stock Markets
World stock markets rose modestly Monday following a fairly strong Chinese manufacturing survey — but trading was subdued as investors waited
Nissan Unveils Electric Two-Seat Concept Car
Nissan showed a two-seater electric vehicle resembling a go-cart Monday that isn't ready for sale but spotlights the Japanese automaker's ambitions
Galaxy S Lifts Samsung Past HTC in Smart Phones
The success of its Galaxy S has moved Samsung Electronics up into the number 4 spot among smartphone makers wth 7.85 million sold in the ...
Pontiac Laid to Rest After Storied Life
Pontiac, whose muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens, is going out of business on Sunday.
Strong Intel Sales, Profits Augur Well for PC Sales
Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.
YouTube CEO Chad Hurley Moves to Fashion Business
YouTube CEO Chad Hurley is surrendering the reins of the popular video website that he started with two buddies as a quirky curiosity and went ...
Declining Demand Seen for LCDs Despite Solid Profits
Companies that make huge flat-screen televisions and their LCD panel components are alerting investors that demand is dropping in the U.S.
Honda, Mazda Profits Soar Despite Strong Yen
Japanese automakers Honda and Mazda posted hefty profits despite a strengthening yen as the global recovery and government incentives for green
Panasonic Profits Quintuple on LCDs, Auto Electronics
Panasonic, Japan's biggest home appliance maker, said Friday its quarterly profit surged more than fivefold on strong consumer demand despite
Sony Returns to Modest Profits
Sony Corp. says it returned to black in the July-September quarter on better sales of its PlayStation gaming consoles and personal computers.
Japan Cuts Production As Consumer Prices Fall
Japan's factories made fewer goods in September as makers of cars and electronic devices cut production while consumer prices fell for the 19th
Samsung Profits Hit Another Record on Chips, Phones
Samsung Electronics Co. said net profit rose 17 percent in the third quarter to a record high amid strength in its semiconductor and mobile
GM Pays Down Govt Debt Ahead of Stock Sale
General Motors Co. moved to strengthen its finances ahead of an initial public stock sale, announcing plans on Thursday to cut debt and pension
France Hobbled by Strikes Over Retirement Age
French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas
Korea Wins Control of UK's Dana Petroleum
Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted
Asia Has 3 of World's Most Expensive Shopping Streets
A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul
Asia Stocks Dip on U.S. Jobs Data, Strong Yen
Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.
HSBC CEO to Leave After Losing Bid for Chairmanship
HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...
German Business Mood Highest in 3 Years
German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business
Japan Intervenes Again to Weaken Yen
Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.
Jobless Claims Nudge Back Up to 465,000
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market
Home Sales Rose to 2nd Lowest Level of Decade
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales
Blockbuster Seeks Chapter 11 Protection
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks
Growth in Durables Orders Sends Stocks Up
Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation
Euro Slips on Weak Business Sentiment
The euro gave up some of its recent gains against the dollar Thursday as traders booked profits after a survey showed business sentiment
Small Business Bill Set for Passage Amid Tepid Interest
A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear
Philly Becomes Biggest U.S. City with Casino
Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.
Michael Dell Flashes 7-Inch Android Tablet
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.
Adobe Profits Soar but Cautious on Outlook
Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue
Yuan Hits New High As Dollar Weakens
The yuan hit a new high of 6.6997 against the U.S. dollar on Tuesday, the highest level since June 19 when China pledged to make ...
CarMax Posts Higher Profits on Strong Used-Car Sales
Used car dealership chain CarMax says its fiscal second-quarter net income rose 4.8 percent as an uncertain economy continued to boost sales
Asia Stocks Gain in Thin Holiday Trading
Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
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
Asia Stocks Rise on Hopes of More U.S. Stimulus
Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus
Japan Business Confidence Rises for 6th Straight Quarter
Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth
HP Reveals Rosy Outlook but Not Next CEO
Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest
Hulu Plus to Play on Roku, Tivo Set-Top Boxes
Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers
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