U.S. Equipment Maker Logs Sizzling China Growth

Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China

Slowing Productivity Growth Seen As Hopeful Sign

Productivity grew at a slower rate in the first three months of the year than previously thought, a possible sign that businesses are reaching the ...

Jobless Claims Drop for 2nd Straight Week

New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.

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

BP Reports Some Oil Being Funneled by New Cap

BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...

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 ...

Sharp Improves Giant Wall-Display Technology

Walls, ceiling and floors will turn into wall-to-wall imagery with Sharp's new technology that has minimized the gaps between displays

China's Agricultural Bank IPO May Be World's Biggest

China's stock regulator has approved Agricultural Bank of China's plans for an initial public offering in Shanghai and Hong Kong worth well over $20 billion

GM Recalls 1.5 Mil. Cars for Potential Fire Hazard

General Motors Co. said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid

GM to Keep 900 More Dealers Than Planned

About 900 General Motors dealerships that the company had planned to cut loose appear to be getting a reprieve.

Protesters Picket Apple, Foxconn at HK Meeting

Protesters picketed Foxconn's annual general meeting in Hong Kong on Tuesday, accusing both the Apple Inc. supplier and computer giant of poor corporate

Asia Stocks Rise, Europe Falls

European stocks fell Tuesday, as investors worried that growth would be hurt by the region's sprawling debt crisis and spending cuts.

4th Strike Since 2008 Halts India Hyundai Production

Striking workers forced Hyundai Motor to stop all production in India on Monday, the latest in a series

Debit Card Fees Pit Retailers Against Banks

Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate.

Apple Answers Android with June 24 iPhone 4 Debut

The next iPhone comes out June 24 and will have a higher-resolution screen, longer battery life and thinner design.

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

BOA Settles Claims Against Countrywide for $108 Mil.

Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago

Airline Industry Projected to Earn Profits This Year

The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.

World Stocks Tumble on Jobs Data, Hungary Fears

World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears ...

Yahoo Adds Direct Access to Facebook Updates

Yahoo Inc.'s latest facelift will include a Facebook touchup. As part of changes rolling out this week, Yahoo will import personal updates from Facebook's social ...

Foxconn to Give China Employees 2nd Pay Raise

Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...

China Agricultural Bank Ready for IPO

The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering

Honda Settles China Labor Dispute After 2-Week Strike

Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase

Disappointing Jobs Data Batters Stocks, Euro

Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed

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.

Honda China Plant Stopped by Worker Strike

Honda's four auto assembly plants in China have ground to a halt after workers at a parts maker went on strike demanding better wages.

Asia, Europe Stocks Rise on Asian, U.S. Data

World stocks rose Thursday as investors put Europe's debt problems behind them — for now — and instead concentrated on strong Asian economic growth

China's Stock Market Defies Robust Real Growth

Shanghai has Wall Street-size ambitions for its financial markets, and this month, it got a charging bronze bull to match those aspirations.

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

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.

Costco Profits Jump 46% on Sales, Memberships

Costco Wholesale Corp.'s profit climbed 46 percent in the fiscal third quarter as sales and membership revenue both rose.

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

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

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