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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

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

Nissan Recalls 600,000 Cars for Steering, Battery Cable

Nissan Motor Co. is recalling more than 600,000 vehicles in North and South America and Africa due to steering or battery cable problems.

Cisco Shortfall Seen As Tech Sector Omen

A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery.

Phone Books Soon to Become Cultural Relics

What's black and white and read all over? Not the white pages, which is why regulators have begun granting telecommunications companies the go-ahead

Bollywood Takes Bigger Role in Hollywood

Hollywood and Bollywood have come together to create a Los Angeles-India Film Council to attract more Indian moviemakers to L.A.

Foreclosures Fall 9% on Procedural Hitch

The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most

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

Tata Motors Profits Surge on Jaguar, Land Rover Sales

Tata Motors' consolidated profits surged on robust global demand for Jaguar and Land Rover as the once-troubled luxury brands enjoyed their

Dell Profits Double As Businesses Upgrade

Personal computer maker Dell Inc. said Thursday that its net income for the latest quarter more than doubled as companies spent more to replace

HP's Fortunes Seen As Bellwether of Tech Sector

Hewlett-Packard Co.'s results showed Monday how lopsided the recovery in technology spending has been. HP's results are a barometer

Economy Grew Faster in Summer Than Thought

The economy probably grew slightly faster last summer than first thought, benefiting from stronger overseas sales of U.S. goods.

Qantas Returns Two Superjumbos to Service

Qantas said Tuesday it will resume flying some of its A380 superjumbos this weekend, ending a self-imposed flight ban after a massive in-flight engine

Verizon Ups Top Download Speed to 150 MPS

Verizon Communications Inc. is zooming past cable-company competitors by tripling the top download speed of its FiOS Internet service to 150

Business Survey Sees 2.7% Growth for 2011

The pace of the U.S. economic recovery will remain steady but slow in the face of persistently high unemployment and heavy debt burdens

Engines Just Latest Setback for Airbus Superjumbo

Many wondered whether the world's largest passenger plane would ever be born. Skeptics called the 7-story-tall Airbus A380 too big and ambitious

L.A. Seeks to Revive Sales at Coroner's Gift Shop

The morgue is about the last place you would think of to go shopping, so it's perhaps unsurprising that sales at Los Angeles County's coroner ...

Cellphone Use Explodes in Vietnam

Vietnam will import $1 billion worth of mobile phones in 2010, estimates the Ministry of Industry and Trade. Mobile phones will become such a high

Ireland Swallows Bitter Pill of EU-IMF Bailout

Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan to stem the flight of capital from its banks, joining Greece in a step unthinkable

Push-Up Bra Sales Suggest Strong Holiday Season

Attention armchair economists: You don't need spreadsheets to get a handle on how this year's holiday shopping season is going. Just keep an eye

Ukraine Rebounds Sharply on Global Steel Demand

Last year, the Ukrainian economy nearly collapsed in the global financial crisis as steel plants stopped production and construction cranes froze.

Stocks Slip on Worries Over China Tightening

Stock markets fell Friday after China took further steps to rein in lending and amid worries that a financial rescue package for Ireland is proving ...

Judge Rejects Dismissal of Toyota Acceleration Claims

A federal judge in California will consider a motion by Toyota Motor Corp. to dismiss lawsuits that claim there are sudden acceleration defects in its ...

Cable Co. Cox Enters Cell Phone Business

Cox Communications, the country's third-largest cable company, is launching its long-planned cellular network in three scattered areas on Friday

Leading Economic Indicators Rise Fastest Since May

A gauge of future economic activity grew in October after a summer lull, suggesting the U.S. economy will slowly start strengthening early next year.

Hyundai-Kia Passes Ford for Global No. 5 Spot

The Hyundai-Kia Automotive Group posted 1 15.9 percent gain in units sold for the first half of 2011 to move into fifth place.

GM Shares Surge As Trading Opens

General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy

World Markets Rebound from String of Losses

World stock markets rose Thursday as investors grew increasingly confident that details of an Irish financial rescue package will emerge over the coming

Ford Cuts Stake in Mazda to 3.5%

Japanese automaker Mazda says Ford is reducing its stake to 11 percent to 3.5 percent, but their partnership will continue in developing and marketing

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 ...