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Cisco Outlook Raises Fears of Slipping Competitiveness

Cisco Systems Inc. has given a disappointing sales forecast for the second quarter in a row, raising doubts about the network equipment maker's

Budget Deficit Hits $140.4 Bil. for October

The federal government began the new budget year with a deficit that fell 20 percent from a year ago but still the third highest October ...

Bullish Google Gives 10% Raise to Everyone

Google Inc. is showing it still knows how to make its employees feel special: It is giving all 23,300 of them 10 percent raises next ...

Jobless Claims Fall to Lowest Level in 4 Months

Fewer people applied for unemployment aid last week, the third drop in four weeks.

Nikkei, KOSPI Up As China Tightens Bank Lending

World markets mostly fell Wednesday after China's central bank announced it will raise the amount of cash that banks have to hold in reserve

Boeing 787 Test Flight Makes Emergency Landing

A Boeing 787 jetliner on a test flight over Texas made an emergency landing Tuesday after smoke was detected in the main cabin, the latest ...

Vietnam Left Out of Foreign Capital Inflows

Vietnam isn't experiencing the growing influx of foreign investment capital of its southeast Asian neighbors, apparently due to the perceived risk

Overseas Filipinos to Remit $21.3 Bil. in 2010

Overseas Filipino Workers (OFW) will remit $21.3 bil. this year, making the Philippines the world's fourth biggest recipient of remittances, according to the World

Toyoda, Musk Cement Ties Over Pimped-Out Tesla

The usually grim-faced Toyota President Akio Toyoda was all smiles Friday, trumpeting a newfound friendship with U.S. luxury electric carmaker Tesla.

Chevron to Buy Atlas Energy for $4.3 Bil.

Chevron will buy natural producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday.

Economic Stress at Lowest Level in 16 Months

The nation's economic stress fell in September to a 16-month low, thanks to more hiring in New England, fewer foreclosures in the mid-Atlantic

Amazon to Pay Publishers 70% on Kindle Sales

Amazon.com Inc. said Monday it will start paying publishers more when they sell magazines and newspapers on its Kindle electronic reader.

Windows Smart Phones Released by AT&T, T-Mobile

Smart phones running Microsoft's new software are now available for AT&T Inc. and T-Mobile USA customers.

Hard Times Strip Away Old Shopping Stigmas

The Goodwill store in this middle-class New York suburb is buzzing on a recent weekend afternoon. A steady flow of shoppers comb through racks filled

German Exports Surged 22.5% in September

Germany's Federal Statistics Office says exports rose 22.5 percent in September compared the same month a year ago as the country continues

China Criticizes Fed's Bond Repurchase Plan

The U.S. Federal Reserve's move to pump hundreds of billions of dollars into the financial system will bring greater volatility to markets worldwide

Diesel Shortage Disrupts China Economy

Aggravated Chinese truck drivers parked for hours to buy rationed diesel Monday as shortages blamed on a government conservation campaign

New Grand Cherokee Boosts Chrysler Sales

Chrysler cut its losses in half between the second and third quarters as a new version of the Jeep Grand Cherokee notched strong sales. The ...

China Already World's Top Market for BMW 7 Series

China is already the top market for BMW's luxurious 7-series sedans, the company revealed. It also forecast that China will become its top all-around market

Korean Battery Picked for Chrysler Electric Car

SB LiMotive announced Sunday that it will supply the lithium-ion batteries that will power Chrysler's Fiat 500 EV electric car scheduled for 2012 debut.

Economy Recovers but New Spending Habits Linger

Layaway, once the province of the poor, has gone mainstream. At the Mall of America in Minnesota, shoppers dart in for just one or two ...

Pending Home Sales Drop in September

The number of people who signed contracts to buy homes fell in September after two months of gains, a possible fallout from foreclosure moratoriums

Facebook's New Messaging Puts Message Over Form

Facebook is betting that one day soon, we'll all be acting like high school students — more texting and instant-messaging, at the expense of e-mail.

Singapore Growth to Slow Sharply Next Year

Singapore's economic growth will slow sharply next year as U.S. and European demand for the island's exports weakens, the government said Thursday

GM's Record IPO Ends Gov't's Majority Stake

General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion, ending the government's role as majority

Airbus to Replace Up to 40 Superjumbo Engines

Up to half of the Airbus superjumbo engines of the type that disintegrated in flight on a Qantas plane may need to be replaced in ...

Toyota to Sell in Plug-In Hybrid in U.S., Japan, Europe

Toyota is planning to sell a plug-in hybrid car in the U.S., Japan and Europe in 2012, targeting sales of 50,000 vehicles a year at ...

Consumer Prices Show No Inflation Threat

Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.

Housing Construction Fell Sharply in October

Construction of new homes fell sharply in October, fresh evidence that the housing industry remains under duress. The Commerce Department says construction

China Challenges Boeing, Airbus with First 6 Orders

Commercial Aircraft Corp of China (COMAC) opened its challenge to Boeing and Airbus with its first 100 orders for its C919 single-aisle commercial

Target Profits Surge on Food Sales, Credit Card

Target Corp. reported that its third-quarter earnings rose 22.6 percent in the third quarter, helped by improvements in its credit card business

U.S. Homebuilder Sentiment Improves in Nov.

U.S. homebuilders battered by the worst summer for home sales in a decade are already looking ahead to spring, saying they feel somewhat

Stocks Fall on Anti-Inflation Measures in China, Korea

China's stock market plunged again Tuesday and prompted a retreat in European shares, as investors feared a slowdown in Asian growth and waited

Expanded GM IPO May Set New World Record

Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million ...

Overseas Growth Lifts A&F to Fatter Profits

Preppy teen clothing seller Abercrombie & Fitch Co. said Tuesday that higher international revenue and improving results in the U.S. helped its third-quarter

Google Unveils Cell Phone with Payment System

Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually

China Foreign Exchange Reserves Hit $3.2 Tril.

China's world-leading foreign exchange reserves jumped 30.3 percent year-on-year to hit $3.1975 trillion.

S. Korea Raises Key Interest Rate Again

South Korea's central bank raised its key interest rate Tuesday for the second time in four months amid persistent concerns about inflation.

Credit Card Writedowns Decline Again in Oct.

The ability of credit card holders to pay off debt has shown sustained improvement this year and on Monday the top U.S. credit card issuers ...

Renault-Nissan to Sell 500,000 EVs a Year by 2013

Bullish on green cars, the chief executive of the Renault-Nissan automotive alliance said Monday they plan to produce and sell 500,000 electric

Gas Prices Rise As Holidays Approach

With Thanksgiving just around the corner, the price of gasoline is marching toward the high of the year.

Data Storage Maker EMC Buys Isilon for $2.25 Bil.

The data storage company EMC says it has agreed to buy Isilon for $2.25 billion in cash. It is offering $33.85 per share

Caterpillar to Buy Surface Mining Equipper for $7.6 Bil.

Caterpillar Inc., the world's largest construction and mining equipment maker, said Monday it has agreed to buy Bucyrus International Inc. for $7.6 billion

Oct Retail Sales Gain Most Since March

Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department

Retail Sales, Caterpillar Buy Drive Up Stock Prices

U.S. stock futures pointed to a higher open Monday as investors hope to move beyond worries about Ireland's debt drama that dragged major indexes

Food Industry Outpaces Rest of Economy

While the recession took a toll on manufacturing and other industries, one part of the economy has remained a bright spot over the past few ...

Newsweek Merges with Tina Brown's Daily Beast

Newsweek, a 77-year-old magazine that once helped set the national news agenda, is linking its future with a startup website just two years in the ...

Eurozone Growth Slows to 0.4%

Economic growth in the 16 countries that use the euro fell by more than half in the third quarter of the year, official figures showed ...

Shanghai Stocks Plunge on China Rate Hike Fears

Chinese shares led world markets lower Friday amid mounting concerns Beijing will raise interest rates to cool its overheating economy.

Airbus Parent Returns to Profit

Airbus' parent company EADS NV reported a narrow third-quarter profit on Friday, rebounding from a loss a year earlier as the commercial plane-making