U.S. May Get Up to 70% of GM Stock

Comcast Deal Lets GE Unwind Stake in NBC Universal

A proposed deal to acquire media giant NBC Universal would give current owner General Electric Co. the ability to unwind its stake over several years, ...

Dollar Hits 14-Month Low Against Euro

The dollar slid to a 14-month low against the euro Wednesday as investor appetite for risk increased following upbeat comments from Intel Corp.

Intel Boosts Wall Street Despite Profits Drop

Intel Corp. has been asserting for months that the personal computer business is rebounding from its deepest slump in nearly a decade. Its stock jumped ...

Kindle eBooks Get Mixed Reviews on College Campuses

It's an experiment that has made back-to-school a little easier on the back: Amazon.com gave more than 200 college students its Kindle e-reading device this ...

Bloomberg to Buy BusinessWeek for Pittance

Bloomberg LP is buying BusinessWeek magazine in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling ...

China Widens Auto Sales Lead with 78% September Jump

China has widened its lead over the U.S. as the world's top auto market, with September sales vaulting 78 percent, spurred by tax cuts and ...

2 IPOs to Test U.S. Appetite for China Stocks

Two Chinese IPOs expected to start trading this week are going to be a gauge for Americans' taste for Beijing's offerings, some of which have ...

India Auto Sales Jump 17.1% in September

India's auto sales rose 17.1 percent in September from a year earlier to 212,975 vehicles, as holiday buying, easier credit and rising consumer confidence fueled ...

Natural Gas Shale May Be Next Big Boom or Bubble

The promise of enough natural gas to last the United States more than 100 years based on discoveries of vast shale formations could be the ...

China Export Slump Eases, Lending Surges

China's export slump eased in September as global demand showed signs of recovery and banks stepped up lending to help fuel a turnaround in the ...

Asian Stocks Rise on Solid Growth Data

Most Asian stock markets advanced Tuesday, with Japanese and Hong Kong benchmarks gaining 1 percent or more, amid signs of economic improvement in Asia and ...

China Hainan Airlines to Begin Service to Hawaii

China's Hainan Airlines has received approval to begin service from Beijing to Hawaii. The U.S. Department of Transportation approved the flights, which initially will be ...

Sidekick Phones Lose All Personal, Contacts Data

Owners of Sidekick phones may have lost all the personal information they put on the device, including contact numbers, because of a failure of servers ...

Carly Simon Sues Starbucks for Poor Promotion

Singer Carly Simon is suing Starbucks Corp., saying the coffee company's now-defunct music venture didn't adequately promote her 2008 album, dooming the record before it ...

Singapore Economy Surges for 2nd Straight Quarter

Singapore's economy surged for a second straight quarter, and the government boosted its 2009 growth forecast, as manufacturing cemented the city-state's emergence from recession.

Phillips Q3 Profits Treble

Royal Philips Electronics NV reported net profit of €174 million ($256 million) for the third quarter on Monday, three times the depressed levels of a ...

Russian Economy Sank More than Forecast Says Medvedev

Russian President Dmitry Medvedev said Sunday that Russia's economy was hit harder than expected by the global financial crisis, but Kremlin measures helped the country ...

Comcast to Send Popups to PCs with Virus Infection

Comcast Corp. wants to enlist its customers in a fight against a huge problem for Internet providers — the armies of infected personal computers, known ...

VisionChina Media to Buy Subway Advertising Leader

VisionChina Media Inc., which operates digital advertising screens on mass transportation systems in China, said Thursday it will buy subway advertising company Digital Media Group ...

IBM Profits Jump, Boosts '09 Guidance

IBM Corp. has jacked up its profit guidance for the second time this year, a sign of the company's confidence that it can uncork more ...

Google Earns Record Profit on Revenue Growth

Google Inc. shifted into a higher gear in the third quarter and began to leave the recession behind as the 11-year-old Internet search leader recorded ...

California Home Sales Up 1% in September

The number of homes sold in California last month ticked up last month from August, as low mortgage rates and eagerness to cash in on ...

AMD Reports Strong Sales on Rising CPU Demand

Advanced Micro Devices Inc. lost money in the third quarter but said Thursday that sales were stronger than expected, adding to mounting evidence that consumer ...

China Sept. Data Shows Return to Robust Growth

China's foreign direct investment and power usage rose in September, in the latest evidence the country's economic recovery is gaining momentum. Foreign direct investment in ...

Gap to Resume TV Ads, Expand into China

The apparel retailer Gap Inc. on Thursday announced plans to return to television advertising in November for its namesake brand, after a two-year hiatus,

House Banking Panel Votes to Regulate Derivatives

A House panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman ...

Goldman Earnings Top $3 Bil. on Trading Profits

Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a ...

Japan Suspends U.S. Beef Shipments Again for Violation

Japan has suspended beef shipments from an American meatpacking plant after finding cattle parts banned under an agreement to prevent the spread of mad cow ...

Asian Markets Extend Rally on U.S. Profits Data

Asian stocks extended their rise Thursday after better-than-expected earnings reports from U.S. companies helped push the Dow Jones industrial average pass the 10,000 mark for ...

S&P Downgrades Southwest Airlines

Standard & Poor's downgraded Southwest Airlines Co. one notch on Wednesday, citing lower demand for travel and weak pricing that have cut into the company's ...

JPMorgan Earned $3.6 Bil. Despite High Loan Losses

JPMorgan Chase & Co. reported strong third-quarter earnings Wednesday as its thriving investment banking business more than offset rising loan losses that the bank warned ...

Online Subs Put WSJ Ahead of USA Today

The Wall Street Journal has surpassed USA Today as the top-selling daily newspaper in the United States. The Audit Bureau of Circulations won't be releasing ...

Oracle Turns Up Rhetoric As Server Sales Go to IBM

Larry Ellison ratcheted up his rhetoric against IBM Corp. on Wednesday, challenging Oracle Corp.'s longtime partner and rival to "make our day" in a battle ...

Dow Closes Above 10,000 for First Time in Year

The Dow Jones industrial average is back above 10,000 for the first time in a year. The Dow crossed five figures Wednesday seven months after ...

PC Shipments Rise in Q3, Bodes Well for Holidays

Worldwide shipments of personal computers edged back up in the third quarter, according to researchers, a promising sign for the industry as it heads into ...

Non-Auto Retail Sales Better Than Expected in Sept.

Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers ...

3-D TVs Shown at Japan Electronics Show

Japan's big name electronic manufacturers are readying flat-screen TVs that can show high-definition movies and video games in 3D for launch next year. At the ...

Ciena to Buy Nortel Assets for $521 Mil.

Ciena Corp. says it has agreed to by the optical networking and carrier Ethernet assets of Nortel Networks' Metro Ethernet Networks business for roughly $521 ...

Costco Beats Street Despite Profit Slip

Costco Wholesale Corp. said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results ...

Burger King Upgrades to Hip New Look

Burger King Corp. plans to swap its generic fast-food feel and bland tiles and tabletops for a vibe that's more sit-down than drive-through. As part ...

Gold Hits New Record High on Falling Dollar

Gold prices surged to a new high Tuesday as investors sought a safe harbor from a falling dollar and inflation. Gold for December delivery rose ...

Next Boom Likely to Be Powered by Cleantech

Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the Internet — the kind of breakthrough that ...

Stocks Rise, Dollar Sinks on Aussie Interest-Rate Hike

The dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from ...

Samsung to Report Record Profits for Q3

Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer ...

Bailed Out Dairy Industry Must Restructure: Ag Sect'y

The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week ...

Consumer Stinginess Shows Up in Corporate Profits

People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek ...

Toyota Previews All-Electric, Green Sports Car

Besides showing off its well-known hybrids, Toyota will take a slightly different tack at the upcoming Tokyo Motor Show to display a green sportscar with ...

FTC Regulates Online Reviews, Blogs, Testimonials

The Federal Trade Commission on Monday took steps to make product information and online reviews more accurate for consumers, regulating blogging for the first time ...

Las Vegas CityCenter Slashes Condo Prices

Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed ...