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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.

Chrysler to Name 200 Fiat Dealerships

Chrysler Group LLC is starting to name Fiat dealers for the U.S. The automaker said Wednesday that it wants Fiat dealers in 119 U.S. markets

UK Economy Grew at Twice Expected Rate

Britain's economy grew by 0.8 percent in the third quarter, twice as fast as analysts had expected, according to official figures released Tuesday

UBS Beats Views with $1.65 Bil. Profits

Swiss bank UBS AG reported a third-quarter net profit of 1.66 billion Swiss francs ($1.65 billion) Tuesday, beating expectations thanks partly

Arcelor-Mittal Profits Jump on Strong Demand

ArcelorMittal, the world's biggest steel maker, posted Tuesday a 48 percent jump in third-quarter net profit, but said higher raw material prices

Nissan Infiniti M Luxury Hybrid Doubles Mileage

Nissan is playing catchup with Japanese rivals Toyota and Honda in introducing its own hybrid car, the luxury Infiniti M, which delivers double

TI Earnings Jump 60% on Demand Backlog

Chip-maker Texas Instruments Inc. said Monday that third-quarter income soared 60 percent as it continued to satisfy pent-up demand

Tesla Opens First Asia Showroom in Tokyo

Tesla, the U.S. maker of electric sportscars, opened its first Asian showroom Monday in a fashionable Tokyo neighborhood, hoping to woo rich

Fiat Hampered by Italian Workers Says CEO

Fiat CEO Sergio Marchionne says the tradition-laden Italian automaker would be better off without Italy and its balky unions, provoking an angry

World Stocks Up on G-20 Currency Pledge

World stocks rose and the dollar slumped Monday after global finance chiefs vowed to avoid a currency war that could derail the global recovery.

Japan's Exports Grew 14.4% in September

Japan's exports in September grew at their slowest pace this year, hit by a strong yen and cooling foreign demand amid concern over the health

AMD Returns to Profit in Core Chip Business

Advanced Micro Devices narrowed its third-quarter loss as the chip maker's remaining stake in factories it spun off last year dragged down the results.

Citi Posts $2.15 Bil. Profit As Loan Losses Decline

Citigroup says it has turned a profit for the third straight quarter as losses from failed loans declined.

Asia Stocks Fall, Dollar Strengthens on Fed Doubts

Asian stocks fell Monday at the start of a busy week on both the economic and corporate news front, while the dollar recouped some recent ...

Hitachi, Johnson Controls Ink Lithium-Ion Battery Pact

Japanese electronics company Hitachi is tying up with a U.S. battery-maker in developing and making batteries for green vehicles, both sides

Nikkei Gains on Tech Optimism

Asian stock markets were mixed in early trading Monday, with Japanese tech shares gaining after Google's upbeat earnings sparked a Nasdaq rally

Luxury Sales Back to Pre-Crisis Levels

The luxury sector is rebounding better-than-expected this year thanks in large part to wealthy Americans replenishing their wardrobes after a year

Sept. Retails Sales Rose for Third Straight Month

Americans spent more money on cars, furniture and at hardware stores to boost retail sales to a third monthly increase in September.

GE Profits Fell 18% on Lower Equipment Sales

General Electric Co. says its third-quarter income fell 18 percent because of lower equipment sales and a loss from a Japanese division that it's selling.

Infosys Reports 18% Higher Profits

Infosys Technologies Ltd., India's bellwether information technology outsourcing company, beat expectations Friday with an 18 percent rise

Sony Ericsson Slips in Tough Smart Phone Market

Mobile phone maker Sony Ericsson on Friday reported a third consecutive net profit in the third quarter, mainly thanks to success

France Forced to Cut Half of Flights Amid Strikes

France's civil aviation authority says airlines must drastically cut back on their flights into France on Tuesday due to strikes over the government's pension

Google Profits Jump 32% on Soaring Ad Sales

Google said Thursday that its net income jumped 32 percent to beat Wall Street's expectations. That's despite adding 1,500 workers in the quarter and spending

Mortgage Rates Fall to 4.19%, Lowest in Decades

Rates on 30-year mortgages fell to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields.

Jobless Claims Rise Slightly to 462,000

Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are reluctant to hire in a slow economy.

Wholesale Prices Rise on Food, Energy Costs

Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.

Trade Deficit Surges As Businesses Restock

The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes

Apple Set to Unveil Next Version of Mac OS X

Apple is inviting media to its Cupertino, Calif., headquarters for a Macintosh computer-related event on Oct. 20.

Dollar Hits 15-Year Low Against Yen

The dollar hit a fresh 15-year-low against the yen in Tokyo Thursday amid growing speculation that the Federal Reserve will ease monetary policy next month.

Asia Stocks Rise on Strong U.S. Earnings

Asian stock markets advanced in early trading Thursday, lifted by better-than-expected earnings results from U.S. corporate bellwethers

HTC G2 Impressive on T-Mobile's Faster Network

Two years ago, the Android invasion began when T-Mobile released the first smart phone running Google's Android operating system, HTC's G1.

Posco's $12 Bil. India Plant May Be Halted by Gov't

A government panel wants to withdraw environmental clearances for South Korean steel giant Posco to build a $12 billion steel plant in India

China Up, Korea, Europe Stocks Recover

European stock markets steadied Wednesday as the surprise of China's first interest rate increase in three years slowly wore off. The dollar

Starbucks Expands Internet Strategy with Yahoo

Starbucks is adding a venti-sized dollop of free books, news and entertainment to its Internet offerings starting Wednesday.

Publishers Suffer from Print's Decline

The country's largest newspaper publishers still haven't been able to reverse a slump in advertising sales more than three years after it began.

J&J OTV Sales Fell 40% on Recalls

U.S. sales of Johnson & Johnson's nonprescription medicines plunged 40 percent in the third quarter as an embarrassing string of product recalls hurt sales

Intel to Spend $8 Bil. on U.S. Plants for Faster Chips

Intel Corp. on Tuesday revealed the scope of its latest infusion to keep its factories cutting-edge and push the chip industry's pace: an investment

Goldman Earnings Blow Past Forecasts

Goldman Sachs Group Inc.'s earnings easily beat analysts' forecasts again, but the bank saw a big slowdown in trading, its most profitable business.

Single-Family Home Growth Offset by Drop in Apts.

Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth

Coca-Cola Profits Up on Global Sales Growth

Coca-Cola Co.'s third-quarter net income rose 8.4 percent as it sold more of its soft drinks and juices around the world and U.S. sales extended

J&J Profits Up Slightly Despite Lower Sales

Health care giant Johnson & Johnson eked out a 2 percent profit increase in its third quarter, even though sales were down slightly, hurt by ...

Wells Fargo Admits Errors in 55,000 Foreclosures

Wells Fargo admitted Wednesday it made mistakes in the paperwork for thousands of foreclosure cases and promised to fix them.

China Signals Full Recovery with Rate Hike

China raised its benchmark lending rate Tuesday for the first time since emerging from the global crisis as the government tries to cool inflation

East Asia Output Above Pre-Recession Levels

The World Bank raised its growth forecast for East Asia's developing countries Tuesday but said governments need to control rising risks

IBM Beats Views, Raises Outlook

IBM's net income rose 12 percent and the technology company raised its 2010 profit forecast slightly as it wrings more out of its services and ...

Facebook Apps Found to Be Leaking Personal Data

The latest Facebook privacy fiasco shows that the world's largest online social hub is having a hard time putting this thorny issue behind it even

Airline Profits Soared on Higher Fares, Fees

Fewer seats, higher fares and more money from fees may just add up to the highest quarterly profit in three years for the nation's long-suffering ...

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