Shiseido Starts $1.7 Bil. Offer for Bare Escentuals
Japanese cosmetics maker Shiseido Co. said Monday it has started a tender offer to buy all outstanding shares of Bare Escentuals
Business
Apple Earned Record Profits in Q4
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...
Wall Street Shrugs Off Bad December Housing Data
European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing
Google Wants to Stay in China After Search Exit
Even if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations
Boeing Expected to Post Solid Q4 Profits
Boeing Co., the world's second-largest commercial aircraft maker after Europe's Airbus, reports its fourth-quarter results on Wednesday.
AOL to Buy Web Video Firm for $36.5 Mil.
AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...
Chrysler Seeks Clear Identities for Dodge, Chrysler
Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing
Air New Zealand Offers Bed Seat in Economy
Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a ...
GE Sees Growth Ahead Despite Profits Drop
General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key rebuilding ...
McDonald's Revenues, Profits Jump
More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...
World Stocks Slump on Obama Bank Speech
World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.
China Declares Crisis Over, Shifts Focus to Inflation
China declared it is over the global crisis and signaled a shift in focus to controlling inflation
Obama Pushes to Limit Proprietary Trading by Big Banks
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
GM's Opel to Cut 8,300 Jobs in Europe
General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium
Conan, Staff to Exit NBC for $45 Mil.
NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...
Xerox Profits Jump on Cost-Cutting
Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.
Toyota Halts Sales of Some Models for Repairs
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry
Hyundai Profits Quadruple on Growth in China, India
Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009
Blatant Imitations of Google, YouTube Start Up in China
Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.
Japan Retail Sales Down for 16th Month in December
Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Japan Exports Show First Growth in 15 Months
Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.
China Reassures Phone Companies on Google Android
China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
Target Pulls Farmed Salmon from Shelves, Sushi
Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores
GM to Build Its Own Electric Motors
General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them
Apple Tablet Could Stimulate Video Game Business
When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...
GM Agrees to Sell Saab to Spyker Cars
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker
Corning Profits Triple on Surging TV, Monitor Sales
Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.
DuPont Profits Soar on Record Asia Demand
Improved sales across its global markets and lower raw material and energy costs led to a fourth-quarter turnaround for DuPont
Delta Q4 Loss Shrinks to $25 Mil.
Delta Air Lines posted a $25 million net loss for the final three months of 2009, much smaller than a year earlier.
UK Economy Grew Just 0.1% in Q4
Britain's worst recession since World War II is officially over — but only just.
Role As Media Activist Creates Dilemma for Google
Google Inc. is enjoying an avalanche of good will because of its threat to leave China over e-mail hacking attacks against dissidents.
Google Cancels China Cell Phone Launch Amid Row
Google on Tuesday postponed the launch of its mobile phone in China, adding to the potential commercial fallout of its dispute with Beijing over Internet
JAL Files for Bankruptcy with $25.6 Bil. Debt
Japan Airlines filed for bankruptcy Tuesday in one of the nation's biggest corporate failures ever, entering a restructuring
Singapore Exports Jumped 26% in December
Singapore's exports jumped in December for the second straight month as global demand for the city-state's electronics surged.
Saudi Tycoon Seeks Broader Ties with News Corp
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances
Alibaba Calls Yahoo Stand on Google Reckless
China's e-commerce giant Alibaba turned on major shareholder Yahoo Inc. on Saturday, calling the American company's support of Google
L.A. Film Production Fell 19% in 2009
Movie and TV filming on the streets of Los Angeles plummeted last year but a new state tax credit program helped stop some runaway production.
JPMorgan Profits Soar Despite Rising Consumer Loan Losses
JPMorgan Chase & Co.'s profit rose more than four-fold to $3.28 billion in the last three months of 2009, but the results released Friday
China's Mobile Web Population Doubled in 2009
China's population of Internet users, already the world's largest, soared nearly 30 percent last year to 384 million as the number of people surfing the ...
Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss
Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid
Intel Earnings, Outlook Confirm PC Sector Recovery
Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery
Foreign Investment in China Doubled in December
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money
Shiseido to Buy Bare Essentials for $1.7 Bil.
Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan
P&G Launches Online Retail Site
The maker of Tide detergent, Pampers diapers and Gillette shavers is taking hundreds of its popular consumer products directly to shoppers
Kodak Sues Apple, RIM for Infringing Camera Patents
Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras
Retail Sales Fall, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles
Shiseido Starts $1.7 Bil. Offer for Bare Escentuals
Japanese cosmetics maker Shiseido Co. said Monday it has started a tender offer to buy all outstanding shares of Bare Escentuals
Apple Earned Record Profits in Q4
Apple Inc. rocketed to its most profitable quarter ever over the holidays, as huge sales of the iPhone and Macintosh computers led to a nearly ...
Wall Street Shrugs Off Bad December Housing Data
European stock markets extended losses Monday as a Wall Street rally ground to a halt following particularly bad U.S. housing data and ongoing
Google Wants to Stay in China After Search Exit
Even if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations
Boeing Expected to Post Solid Q4 Profits
Boeing Co., the world's second-largest commercial aircraft maker after Europe's Airbus, reports its fourth-quarter results on Wednesday.
AOL to Buy Web Video Firm for $36.5 Mil.
AOL Inc. said Monday that it is boosting its ability to create Web videos by paying $36.5 million for StudioNow Inc., a Web site that ...
Chrysler Seeks Clear Identities for Dodge, Chrysler
Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing
Air New Zealand Offers Bed Seat in Economy
Air New Zealand said Tuesday it will set a new benchmark for longhaul flights by offering beds in economy class, but they come with a ...
GE Sees Growth Ahead Despite Profits Drop
General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key rebuilding ...
McDonald's Revenues, Profits Jump
More hungry diners gobbling its cheap eats helped McDonald's Corp.'s sales and profit grow in its fourth quarter, the company said Friday in an earnings ...
World Stocks Slump on Obama Bank Speech
World markets fell Friday, led by bank stocks after President Barack Obama proposed a sweeping overhaul of Wall Street to avert future financial crises.
China Declares Crisis Over, Shifts Focus to Inflation
China declared it is over the global crisis and signaled a shift in focus to controlling inflation
Obama Pushes to Limit Proprietary Trading by Big Banks
President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.
GM's Opel to Cut 8,300 Jobs in Europe
General Motor Co.'s Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium
Conan, Staff to Exit NBC for $45 Mil.
NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...
Xerox Profits Jump on Cost-Cutting
Xerox Corp. said Thursday that cost-cutting efforts last year helped boost its fourth-quarter profit.
Toyota Halts Sales of Some Models for Repairs
The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models — including the Camry
Hyundai Profits Quadruple on Growth in China, India
Hyundai Motor's net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009
Blatant Imitations of Google, YouTube Start Up in China
Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations.
Japan Retail Sales Down for 16th Month in December
Japanese retail sales declined for the 16th month in December, as consumers in the world's second biggest economy stayed cautious amid falling wages
Apple Unveils $499 iPad Tablet
Apple CEO Steve Jobs unveiled the company's much-anticipated iPad tablet computer Wednesday, calling it a new third category of mobile device
Caterpillar Expects Sales Rebound After Dismal Q4
Caterpillar, the world's biggest mining and construction equipment company, says fourth-quarter profit was dragged down by the sluggish economy
Canon Profits Quintuple on Booming Camera Sales
Canon's fourth quarter net profit soared more than fivefold from a year earlier, as global stimulus measures helped drive demand for new cameras.
Japan Exports Show First Growth in 15 Months
Japan's exports grew for the first time in 15 months in December as robust Asian demand fueled recovery in the world's second-biggest economy.
China Reassures Phone Companies on Google Android
China tried Wednesday to assure mobile phone companies using Google's Android operating system that they won't be hurt by a dispute
New Jobless Claims Rise Unexpectedly
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.
Target Pulls Farmed Salmon from Shelves, Sushi
Target Corp., the nation's second-largest discounter after Wal-Mart Stores Inc., said Tuesday that it pulled all farmed salmon from its stores
GM to Build Its Own Electric Motors
General Motors wants smaller, lighter, more powerful electric motors for its cars and trucks, and the way to get them is to make them
Apple Tablet Could Stimulate Video Game Business
When Apple introduced the iPhone, it shook up the cell phone business but it also changed the way people play video games. About a quarter ...
GM Agrees to Sell Saab to Spyker Cars
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker
Corning Profits Triple on Surging TV, Monitor Sales
Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.
DuPont Profits Soar on Record Asia Demand
Improved sales across its global markets and lower raw material and energy costs led to a fourth-quarter turnaround for DuPont
Delta Q4 Loss Shrinks to $25 Mil.
Delta Air Lines posted a $25 million net loss for the final three months of 2009, much smaller than a year earlier.
UK Economy Grew Just 0.1% in Q4
Britain's worst recession since World War II is officially over — but only just.
Role As Media Activist Creates Dilemma for Google
Google Inc. is enjoying an avalanche of good will because of its threat to leave China over e-mail hacking attacks against dissidents.
Google Cancels China Cell Phone Launch Amid Row
Google on Tuesday postponed the launch of its mobile phone in China, adding to the potential commercial fallout of its dispute with Beijing over Internet
JAL Files for Bankruptcy with $25.6 Bil. Debt
Japan Airlines filed for bankruptcy Tuesday in one of the nation's biggest corporate failures ever, entering a restructuring
Singapore Exports Jumped 26% in December
Singapore's exports jumped in December for the second straight month as global demand for the city-state's electronics surged.
Saudi Tycoon Seeks Broader Ties with News Corp
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances
Alibaba Calls Yahoo Stand on Google Reckless
China's e-commerce giant Alibaba turned on major shareholder Yahoo Inc. on Saturday, calling the American company's support of Google
L.A. Film Production Fell 19% in 2009
Movie and TV filming on the streets of Los Angeles plummeted last year but a new state tax credit program helped stop some runaway production.
JPMorgan Profits Soar Despite Rising Consumer Loan Losses
JPMorgan Chase & Co.'s profit rose more than four-fold to $3.28 billion in the last three months of 2009, but the results released Friday
China's Mobile Web Population Doubled in 2009
China's population of Internet users, already the world's largest, soared nearly 30 percent last year to 384 million as the number of people surfing the ...
Citigroup Repays TARP Despite $7.6 Bil. Q4 Loss
Citigroup said Tuesday it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid
Intel Earnings, Outlook Confirm PC Sector Recovery
Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery
Foreign Investment in China Doubled in December
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money
Shiseido to Buy Bare Essentials for $1.7 Bil.
Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan
P&G Launches Online Retail Site
The maker of Tide detergent, Pampers diapers and Gillette shavers is taking hundreds of its popular consumer products directly to shoppers
Kodak Sues Apple, RIM for Infringing Camera Patents
Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras
Retail Sales Fall, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles
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