Airline Recovery Quickens on Asia, U.S. Growth

The aviation industry could recover within two years from the global economic downturn, as growth in the U.S. and Asia offsets weaker demand in Europe

Asian Stocks Fall on Europe Debt Fears

Asian stock markets fell in early trading Thursday after the Dow Jones industrial average closed below the 10,000 line for the first time in nearly

Ford to End Mercury Production in 2010

Ford Motor Co. said Wednesday it will cease production of its 72-year-old Mercury brand by the end of 2010 after years of declining sales.

Pending Home Sale Forecasts Boost Stocks

Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

Most Carmakers Post Double-Digit Gains for May

Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.

Spain's Borrowing Costs Rise to Alarming Levels

Wary investors pushed up Spain's borrowing costs on Wednesday as a debt downgrade from last week cast a shadow over the country's efforts to avoid

German Car Exports Jump 49% in May

German car exports increased by nearly half in May compared to a year earlier but sales continued to slide at home, an industry group said ...

Prudential Gives Up Bid to Buy AIA from AIG

Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.

Taiwanese e-Readers Use Efficient Ink-Based Displays

aiwanese electronics firms displayed a slew of e-readers at an industry show Tuesday, with one maker unveiling a lightweight model that can display

BP Shares Plunge As It Begins Big Cut-and-Cap Bid

BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed to plug the worst ...

Europe's Ryanair Soars Back into Full-Year Profit

European budget airline Ryanair announced a return to robust full-year profits Tuesday and unveiled its first-ever cash dividend to shareholders

Stocks Suffer Biggest Plunge in Over 1 Year

Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine

Europe Debt Woes Weigh on Stocks Again

European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.

Asian Stocks Gain Ground After Selloff on Euro Jitters

Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump

Chrysler Adds 1,100 Jobs at Detroit Jeep Plant

Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers

Stocks End Higher After Year's Biggest Slide

Stocks ended sharply higher a day after posting their biggest drops in more than a year.

3-D Shrek Shocks Moviegoers with $20 Tickets

A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...

PepsiCo to Invest $2.5 Bil. More in China

PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...

German Business Confidence Dips on Debt Crisis

German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets

World Markets Falls on Europe Debt Fears

World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.

Toyota to Invest $50 Mil. in Tesla Electric Car Plant

The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars

IBM to Buy AT&T's Sterling for $1.4 Bil.

IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other

Dell Income Jumps 52% on PC Sales, Services

Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services

New Jobless Claims Jump Most in Three Months

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.

Vanishing Inflation Helps Consumers, Borrowers

Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.

Staples Income Rises on Sales Growth

Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.

Sears Income Falls on Bigger Appliance Discounts

Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.

Toyota Expert Calls for Akio Toyoda to Step Down

An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors

Singapore GDP Soars 15.5% in Q1

Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back

Japan's Economy Grows for 4th Straight Quarter

Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.

Target Profits Up 29% on Card Boost, Clothing Sales

Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales

Home Prices Fell from February to March

Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired

Yahoo Paints Brighening Picture Through 2013

Yahoo Inc. raised its financial target Wednesday, reflecting expectations that the Internet company will attract more online advertisers as it reaps savings

Feds Profit from $6.2 Bil. Sale of Citigroup Stock

The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the ...

Euro Slide Pushes Dow to Sub-10K Close

A drop in the euro set off a late-day slide in stocks Wednesday and sent the Dow Jones industrial average to its first close below ...

Facebook Faces Growing Privacy Protests

Facebook is simplifying its privacy controls amid growing unrest from many of its users.

Durables, New Home Sales Buffer Against Europe

Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired.

Durable Goods Orders Rise 2.9% in April

Orders to U.S. factories for big-ticket manufactured goods surged in April, propelled by a rebound in demand for commercial aircraft.

Recovery Gains Steam in Developed Economies

Ghosn Charged Up about Leaf Electric's U.S. Debut

Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands

Dow's Intraday Plunge Signals Turbulence Ahead

The Dow Jones industrials plunged below 10,000 to their lowest level of the year Tuesday before a late-day rebound that erased most of the losses

GM Celebrate's Suburban's 75th Birthday

The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday

Consumer Confidence Rises Again in May

Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.

Wal-Mart Slashes 3G iPhone Prices in Half

Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.

Asian Stocks Slide on Euro Pessimism

Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave

U.S. Drivers Still Showing Restraint at Gas Pump

Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists

Wall Street Hit by Late Slide in Financials

Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul

Toyota Halts U.S. Sale of Lexus LS Pending Fix

Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...

Yahoo Turns Over Mapping, Navigation to Nokia

Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival

Euro Down Again on Spain Bank Nationalization

The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt