China Carmakers Announce Global Expansion Plans
Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show
Business
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
GM's 6.4% April Sales Growth Less Than Expected
General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...
Consumer Spending Growth Financed from Savings
Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...
Avis Offers to Top Hertz Bid for Dollar Thrifty
Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
United, Continental Merge into World's Biggest Airline
United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.
Asian Stocks Drop as China Raises Bank Reserve
Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation
Shanghai Expo Irresistable Draw for Business World
China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo
China Manufacturing Accelerated in April on Domestic Demand
A survey says China's manufacturing accelerated in April as domestic demand increased.
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
SEC's Goldman Probe Could Widen to Other Banks
Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Toyota Recalls 600,000 Sienna Minivans
As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Q1 Venture Capital Investments Jump 38%
Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier
Asian Stocks Fall on Inflation, Interest Rate Fears
Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation
Volkswagen China Sales Skyrocket 61%
Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded
Jobless Claims, Weak Industrial Output Cool Markets
Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...
China Trims U.S. Treasuries for 4th Straight Month
China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
China Carmakers Announce Global Expansion Plans
Chinese automakers announced ambitious plans Friday to expand abroad as global producers unveiled new models at the Beijing auto show
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
Toyota Creates Design Quality Division
Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process
GM's 6.4% April Sales Growth Less Than Expected
General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...
Consumer Spending Growth Financed from Savings
Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...
Avis Offers to Top Hertz Bid for Dollar Thrifty
Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
United, Continental Merge into World's Biggest Airline
United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.
Asian Stocks Drop as China Raises Bank Reserve
Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation
Shanghai Expo Irresistable Draw for Business World
China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo
China Manufacturing Accelerated in April on Domestic Demand
A survey says China's manufacturing accelerated in April as domestic demand increased.
World Stocks Rise on Greek Bailout Hopes
European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...
Japan Factory Output Rises But More Unemployed
Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
Samsung Profits Soar on Big Chip Sales Jump
Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.
iPhones Will Never Support Flash Says Jobs
For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon
Korea Targets Nuclear Reactors As Key Export Industry
S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.
Credit-Rating Agencies Blamed for EU Debt Crisis
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors
Exxon Mobil Profits Jump 38% on Oil Rise
Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.
Kodak Returns to Profit on Inkjet, Samsung Settlement
Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...
Steelmaker ArcelorMittal Returns to Profit
ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...
Visa Profits Jump on Consumer Spending Rebound
Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue
HP to Buy Struggling Palm for $1.2 Bil.
Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
SEC's Goldman Probe Could Widen to Other Banks
Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Toyota Recalls 600,000 Sienna Minivans
As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Q1 Venture Capital Investments Jump 38%
Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier
Asian Stocks Fall on Inflation, Interest Rate Fears
Asian stock markets fell Friday as investors mulled whether the region's strong economic growth so far this year could trigger inflation
Volkswagen China Sales Skyrocket 61%
Volkswagen AG's worldwide deliveries were up by nearly a quarter in the first three months of this year as the car market rebounded
Jobless Claims, Weak Industrial Output Cool Markets
Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days ...
China Trims U.S. Treasuries for 4th Straight Month
China trimmed its holdings of U.S. Treasury debt 1.3 percent in February, the fourth consecutive decline. Those reductions are raising concerns
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
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