Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
Business
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Bayer Regeneron Eye Drug Meets Study Goal
Regeneron Pharmaceuticals Inc. and Bayer HealthCare AG said Thursday their developing VEGF Trap-Eye drug met key vision improvement goals
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
GE Cut 6% of Workforce in 2009
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession
Nokia Fights to Keep Edge Against Apple, RIM
Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...
Nestle Reports $10 Bil. Year Profits on Solid Growth
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop
Singapore Expects Up to 6.5% GDP Growth
Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.
Manufacturing Growth Offsets Jobless Rate, Lifts Stocks
The stock market edged higher as news of stronger regional manufacturing offset concerns about unemployment and weak sales at Wal-Mart.
Toyota Extends Recall to Europe, China
Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.
Wal-Mart Profits Jump Amid Declining Sales
Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world's largest retailer cut costs and slimmed down its inventories.
Daimler's Q4 Loss Bigger Than Expected
German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...
U.S. to Probe Toyota Corolla Power Steering
The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering
Sands Loss Narrows on Gambling Rebound in Macau, Vegas
Casino operator Las Vegas Sands Corp. said Wednesday that its fourth-quarter loss narrowed as its casinos in Macau showed a strong recovery
HP Profits Grow 25% on PC Sales, Cost-Cutting
Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.
Eurozone Exports Shrank 18% in 2009
Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...
Toyota Considers Recall of Corolla Power Steering
Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Obama Considers Levy on Banks
President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
Walmart Pulls China-Made Jewelry Cited in News
Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Boeing Rethinks Short-Range 787 After Losing Sole Order
Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
Taiwan Semi Reports 130% Chip Sales Jump
Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
Asian Cars to Face Stiffer U.S. Competition in 2010
Asian automakers grabbed their biggest chunk ever of the U.S. car and truck market in 2009, but they'll struggle to build on that momentum this ...
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
Yahoo Backs Google Response to Email Hacking
Yahoo supports rival Google's threatened departure from China because of computer attacks that pried into the e-mail accounts of human rights activists.
GM to Halt Hummer Line As Sichuan Heavy Takes Over
General Motors Co. will halt Hummer production next week at its Louisiana plant until sale of the brand to a Chinese company is completed.
Baidu Shares Leap on Google Threat to Quit China
Baidu, the biggest search engine in China, is reaping a windfall from Google's threat to pull out of the country.
Wireless Carriers Unite for Universal Apps
The world's largest wireless carriers, including the four largest in the U.S., announced Monday that they are combining forces to make it easier for software
World Markets Rise on Strong U.S. Earnings
Asian stocks gained Wednesday on renewed investor confidence in the U.S. economy while concerns about Greece's debt crisis eased.
Foreign Donuteers Assault China's Picky Snackers
Patrick Lin is sure he can succeed where others have failed, and get the Chinese hooked on doughnuts.
China Raises Reserves to Cool Lending
China ordered banks Friday to increase reserves for a second time in a month to cool a credit boom without resorting to interest rate hikes
Toyota Bids to Regain Trust by Widening Disclosure
Toyota said Friday it's planning a new level of disclosure about car problems that would go beyond what the automaker is legally required to reveal
Motorola to Split into 2 Companies
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone ...
Yang, Filo to Sell 5 Million Shares of Yahoo
The founders of search and news company Yahoo Inc. are planning to sell up to five million shares over the next 15 months
New Jobless Claims Data Raise Recovery Hopes
The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month
World Markets Rise on Greece Bailout Hopes
World markets rose Thursday on hopes that European leaders will rescue Greece from its crushing debt load and restore confidence
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low Thursday after the country's economic growth slowed at the end of last ...
Bayer Regeneron Eye Drug Meets Study Goal
Regeneron Pharmaceuticals Inc. and Bayer HealthCare AG said Thursday their developing VEGF Trap-Eye drug met key vision improvement goals
Obama Proposes Simple Fix for Social Security
President Barack Obama says Social Security is slowly running out of money but that it can exist well into the future with a slight fix.
FDIC Shutters Banks in Calif., Fla., Texas, Ill.
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures
Google Pays $125 Mil. for Video Compression Firm
Google Inc. said Friday that it finished its $124.6 million purchase of On2 Technologies Inc. after shareholders of On2 voted to approve the deal.
GE Cut 6% of Workforce in 2009
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession
Nokia Fights to Keep Edge Against Apple, RIM
Nokia Corp. may be the world's top cell phone maker, but it's no longer a trendsetter, as a host of inventive and alluring technologies from ...
Nestle Reports $10 Bil. Year Profits on Solid Growth
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant drop
Singapore Expects Up to 6.5% GDP Growth
Singapore raised its 2010 GDP forecast and now expects the city-state's economy to grow as much as 6.5 percent after contracting last year.
Manufacturing Growth Offsets Jobless Rate, Lifts Stocks
The stock market edged higher as news of stronger regional manufacturing offset concerns about unemployment and weak sales at Wal-Mart.
Toyota Extends Recall to Europe, China
Toyota says it is recalling 75,500 vehicles in China for the same gas pedal problem behind the U.S. and European recalls.
Wal-Mart Profits Jump Amid Declining Sales
Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world's largest retailer cut costs and slimmed down its inventories.
Daimler's Q4 Loss Bigger Than Expected
German car and truck maker Daimler AG lost €352 million ($482 million) in the fourth quarter amid the global economic slump, contributing to a larger-than-expected ...
U.S. to Probe Toyota Corolla Power Steering
The Transportation Department plans to open a formal investigation into the 2009-2010 Toyota Corolla over potential problems with the car's power steering
Sands Loss Narrows on Gambling Rebound in Macau, Vegas
Casino operator Las Vegas Sands Corp. said Wednesday that its fourth-quarter loss narrowed as its casinos in Macau showed a strong recovery
HP Profits Grow 25% on PC Sales, Cost-Cutting
Hewlett-Packard Co.'s profit swelled 25 percent in the latest quarter because of cost-cutting and a stronger showing from its personal-computer division.
Eurozone Exports Shrank 18% in 2009
Eurozone exports fell 18 percent in 2009 as world trade contracted and the euro soared against the U.S. dollar, according to official EU data published ...
Toyota Considers Recall of Corolla Power Steering
Toyota is considering a recall of its hot-selling Corolla subcompact after complaints about power steering problems — another blow to the world's largest automaker
JAL to Decline Tieup Offers by Delta, American
Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring
Obama Considers Levy on Banks
President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance
Alcoa Revenues Slid in Q4 Despite Smaller Loss
Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building
Ford Wins Both Car & Truck of the Year Awards
Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.
JAL Rejects U.S. Cash Bids, to Cut Third of Workforce
Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...
China Export Growth Boosts Global Stocks
World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic
Phone TV, Wireless Charging Among Hits at Electronics Show
At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.
Carmakers Ditch Bunker Mentality for Detroit Show
Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...
Google to Settle with China Authors for Pirate Scans
Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...
Walmart Pulls China-Made Jewelry Cited in News
Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled
Ford to Show Off New Global Focus, Efficient Structure
In a year that humbled most automakers in America, Ford came out looking smart.
Boeing Rethinks Short-Range 787 After Losing Sole Order
Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders
JAL Could File Bankruptcy on January 19
Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts
U.S. Firm to Build $5 Bil. Solar Power Plant in China
A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...
Jobless Rate May Stay High As Employers Keep Pruning
Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs
Mercedes Sales Up 12% in December
Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...
Taiwan Semi Reports 130% Chip Sales Jump
Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled
Asia Stocks Mostly Higher Ahead of U.S. Jobs Report
Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...
Asian Cars to Face Stiffer U.S. Competition in 2010
Asian automakers grabbed their biggest chunk ever of the U.S. car and truck market in 2009, but they'll struggle to build on that momentum this ...
Nexus One Falls Short of Being Super Phone
Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.
Yahoo Backs Google Response to Email Hacking
Yahoo supports rival Google's threatened departure from China because of computer attacks that pried into the e-mail accounts of human rights activists.
GM to Halt Hummer Line As Sichuan Heavy Takes Over
General Motors Co. will halt Hummer production next week at its Louisiana plant until sale of the brand to a Chinese company is completed.
Baidu Shares Leap on Google Threat to Quit China
Baidu, the biggest search engine in China, is reaping a windfall from Google's threat to pull out of the country.
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