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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

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

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

Microsoft Beats Views on Rising Business Spending

A swell of spending by businesses on new computers, software and servers helped push Microsoft Corp.'s earnings for the most recent quarter

Daimler Profits Surge Amid Boom in China, U.S. Sales

Car maker Daimler AG's third-quarter net earnings surged as strong sales in China and the U.S. helped push revenue 30 percent higher

Nissan Recalls 2.1 Mil. Cars for Ignition Glitch

Nissan is recalling 2.14 million vehicles worldwide including the popular March and Mycra subcompacts for an ignition problem that may stall the engine

Japan Central Bank Issues Gloomy Growth Forecast

Japan's central bank cut its economic growth forecasts Thursday and kept interest rates near zero, as the export-reliant nation confronts a strong yen

Sharp Rebounds to Profit, Cuts Forecast

A strong yen forced Japan's Sharp Corp. to cut its earnings forecast even as first-half profit rebounded on improved sales of home appliances

Nintendo Sinks into Red for 1st Half

Nintendo sank into the red for the fiscal first half, battered by a rising yen that hurts exports and plunging sales as demand for its ...

Hyundai Profits Match Record on Sales Growth

Hyundai Motor's net profit rose 38 percent in the third quarter on higher sales as growth in emerging markets like China and India helped the ...

Hynix Profits Quadruple to Record on Chip Demand

Hynix Semiconductor, the world's second-largest manufacturer of computer memory chips, said third-quarter net profit more than quadrupled

Mastercard Profits Rise 15% on More Card Use

MasterCard Inc. says heavier use of credit and debit cards overseas helped push third-quarter profits up by nearly 15 percent.

U.S. Auto Sales Jump on Returning Confidence

U.S. auto sales rose in October as buyers grew more confident in the economy and new models drew them into dealerships.

Galaxy Tablet Release Fuels Samsung-Apple Rivalry

Samsung Electronics has timed the unveiling of its Galaxy Tab tablet PC in Korea for Thursday to coincide with the debut of Apple's MacBook Air ...

Economists See Silver Lining in Impending Gridlock

The Republicans' sweeping gains in Tuesday's elections hardly guarantee they can enact their own prescriptions for the ailing economy.

Clothing Sales Surprisingly Strong in October

After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.

World Bank Raises China Growth Outlook

China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce

Asia Stocks Rise As GOP Piles Up House Seats

Asian stocks were mostly higher Wednesday as markets digested news that Republicans gained control of the House in midterm U.S. elections

Ford, GM Valuations Rely Increasingly on Global Sales

If investors pay what General Motors hopes to get for its stock in a planned IPO, they'll have to buy the logic that the company's ...

14.4% of U.S. Homes Vacant As Ownership Falls

The nation's homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing.

Oracle to Pay $1 Bil. for E-Commerce Software Firm

Business software maker Oracle said Tuesday it has agreed to acquire e-commerce software maker Art Technology Group Inc. for $1 billion in cash.

China Consumer Confidence Rebounds in July

The Chinese spent more in July as inflationary pressures eased on falling food prices, according to the Bankcard Consumer Confidence Index (BCCI)

Pfizer Profits Plunge on Wyeth Acquisition Costs

Pharmaceutical giant Pfizer Inc. said Tuesday that revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth

Fed to Buy More Bonds in Bid to Boost Economy

With unemployment at 9.6 percent, the Federal Reserve is all but certain this week to launch a new program to try to fortify the economy. ...

Boeing Lifts 20-Year China Forecast on Travel Boom

Boeing Co. raised its 20-year forecast of China's demand for commercial aircraft due to strong economic growth and more competitive Chinese carriers.

U.S. Manufacturing Surged in October

Manufacturing activity expanded last month at the fastest pace since May due to a surge in new orders and production.

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

Walgreens Postpones Sales of Genetic Tests

The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test

Euro at 4-Year Lows on Debt Fears

The euro sank to just above a 4-year low against the dollar Friday as economic data suggested a stronger recovery in the U.S. while the ...

J.C. Penney Profits More Than Double

J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements

Mizuho Swings to $2.6 Bil. Profit As Japan Recovers

Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black

World Stocks Fall on Euro Debt, U.S. Jobless

World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow

Lawyers Vie to Lead Mass Suits Against Toyota

Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position

Google Says China Situation Stable for Now

Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out

Adobe Fires Back at Apple with Love Ad Campaign

Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...

Ford CEO Expects Solid Profits for 2010

Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.

Stocks End Down on Sluggish Job-Growth Data

A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.

Euro Drops Back After Bailout Bounce

The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated

Jobs Called Chen to Get iPhone Prototype Back

Brian Hogan's world closed in fast almost as soon as he sold the next-generation iPhone he found in a Silicon Valley bar to a popular ...

Sony Reports First Yearly Loss on Revenue Drop

Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.

Asian Stocks Rally on Positive Europe News

Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain

Cisco Profits Jump 63% on Revenue Rebound

Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence

SAP Buys Sybase to Bolster Fight Against Oracle

German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...

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