Locke Pushes U.S. Green Tech on Reluctant China
U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.
Business
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
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
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 ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
GM Reports First Profits in 3 Years
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.
Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.
Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash
Europe Stocks Rebound As Euro Hits New 4-Year Low
European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...
Trichet Says Europe Economy At Its Worst Since WWI
The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries
Japan Machinery Orders Rose 5.4% in March
Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
German Parliament Approves Greek Bailout
The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance
290,000 Jobs Added in April but Jobless Rate Rises
More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
Asia Stocks Slide, Europe Steadies
European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries
Zurich Financial Reports 76% Profit Jump
Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters
Indonesian Ancient Treasure Auction Sinks
A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed
World Stocks Fall Again As 3 Killed in Greek Strike
World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread
BMW Earns $424 Mil. in Q1 on Strong Revenue Growth
German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars
Time Warner Asked to Stop Claiming Fiber Optics
An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.
Apple's Developer Policy Draws Antitrust Scrutiny
Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming
ADM Profits Surge on Biofuel Demand
Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year
Oil Slips on Rising Dollar, Inventories
Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies
Locke Pushes U.S. Green Tech on Reluctant China
U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.
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
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
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 ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
Home Depot Profits Surge, Outlook Improves
Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota to Recall Up to 11,500 Lexuses
Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles
HP Net Income Surges on PC Sales Jump
Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands
EU Regulators Ban Some Kinds of Naked Short Selling
Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial
Yahoo to Buy Freelance News Outlet Associated Content
Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...
Construction Permits Fall, Wholesale Prices Slip
Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.
Google Buys Global IP to Boost Video Offerings
Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings
China Expects Higher Inflation in May, June
China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent
Vodafone Yearly Profits Double on Asia Growth
Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Oil Rises to $71 After 2-Week Selloff
Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...
Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
GM Reports First Profits in 3 Years
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.
Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.
Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash
Europe Stocks Rebound As Euro Hits New 4-Year Low
European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...
Trichet Says Europe Economy At Its Worst Since WWI
The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries
Japan Machinery Orders Rose 5.4% in March
Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months
Cablevision Profits Triple on New Subscribers
Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend
No Cyber Attack Behind Thurs Selloff Says White House
The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos
Nokia Files New Patent Claim Against Apple iPad
Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.
Spain Barely Emerges from Recession
Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.
Panasonic Cuts Losses As Global Sales Recover
Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery
German Parliament Approves Greek Bailout
The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance
290,000 Jobs Added in April but Jobless Rate Rises
More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
GM Hires Former Hyundai Marketing Whiz
General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.
MGM Mirage Posts Loss on CityCenter Writedown
MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.
Fed Ships Dollars to Europe to Help Contain Crisis
The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...
Asia Stocks Slide, Europe Steadies
European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries
Zurich Financial Reports 76% Profit Jump
Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters
Indonesian Ancient Treasure Auction Sinks
A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed
World Stocks Fall Again As 3 Killed in Greek Strike
World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread
BMW Earns $424 Mil. in Q1 on Strong Revenue Growth
German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars
Time Warner Asked to Stop Claiming Fiber Optics
An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.
Apple's Developer Policy Draws Antitrust Scrutiny
Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming
ADM Profits Surge on Biofuel Demand
Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year
Oil Slips on Rising Dollar, Inventories
Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies
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