Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Business
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Retail, Jobs Data Boost Wall Street
Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...
Hummer Now Owned by China's Sichuan Tengzhong
Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker. General Motors ...
USA Today Posts 17% Circulation Drop
USA Today expects to report the largest decline in circulation in its 27-year history, threatening its No. 1 position among U.S. dailies as the growth ...
Shanghai Leads Global Stock Rally on Rising Dollar
Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world's major markets shot higher amid ...
Audi Sales Decline Eased by Strong Asia Growth
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect ...
AP, News Corp Want Search Engines to Pay for News
The leaders of two of the world's major news organizations said Friday that it is time for search engines and others who use news content ...
Infosys Raises Outlook Despite Profit Dip
Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be ...
Frank Advances Bill to Limit Credit-Card Rate Hikes
Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...
Another Asset Bubble May Be Forming Already
The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...
Twitter Launches Japanese Mobile Site
Twitter Inc. now speaks Japanese — and it plans to be multilingual within months. The popular microblogging service launched a Japan-based mobile version Thursday, hoping ...
GM to Sell Hummer to Sichuan Tengzhong Heavy
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...
New Jobless Claims Lowest Since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...
GM Names New Sales Chief As U.S. Market Share Erodes
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
Home Sales Rebound on Tax Credit, Foreclosures
With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.
Netflix to Stream Movies Through PlayStation 3
PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox ...
3-D Likely to Be Next Big Home TV Upgrade
Fans scrambled to see 3-D movies such as "Cloudy with a Chance of Meatballs" in theaters this year and new 3-D televisions could soon have ...
Internet to Expand with Non-Latin Domain Names
The Internet is set to undergo one of the biggest changes in its four-decade history with the expected approval this week of international domain names ...
S. Korea Economy Grew at Fastest Pace in 7 Years
South Korea's economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and capital spending as Asian ...
Capmark Files for Chapter 11 Protection
Capmark Financial Group, one of the nation's largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt.
Record NYC Real Estate Deal Looms As Record Bust
It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops. At the height of ...
Biggest Solar Power Plant Set to Open in Florida
Greg Bove steps into his pickup truck and drives down a sandy path to where the future of Florida's renewable energy plans begin: Acres of ...
Fortune Makes Big Changes to Cope with Ad Slump
Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...
Corning Profits Slip but TV Glass Demand Rises
Corning Inc. said Monday that demand is rebounding for its flat-screen television glass but the specialty glass maker's third-quarter profit fell 16 percent from a ...
Amazon Profits Blow Past Estimates
Amazon.com Inc.'s third-quarter results blew past analyst expectations, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.
Kia Profits Swell to Record on Sales Growth
Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean ...
$300-Bil Est. for National High-Speed Rail Lines
Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects
Taiwan Lifts Ban on U.S. Beef in Bone
Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.
Hynix Reports First Quarterly Profit in Two Years
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...
Netflix Q3 Earnings Surge 48% on Subscriber Boom
Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...
Feds Unveil Plans to Limit Top Executive Pay at Banks
The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...
Hulu May Start Charging for Video Access
Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...
IBM Adds $5 Bil. to Share Buyback Program
IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the ...
GM to Post Sales Gains for First Time in 21 Months
General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top ...
China's Geely in Talks to Buy Volvo from Ford
Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...
Japan Carmakers Report Record China Production
Japanese automakers are experiencing a production boom in China with Toyota, Honda and Nissan setting records for September — the latest signs of an emerging ...
Asian Markets Fall on U.S. Consumer Sentiment
Global stock markets dropped Wednesday as more signs American consumers were struggling undermined hopes for a stronger turnaround in the world's largest economy.
Ex-AMD CEO Fingered As Leaker in Galleon Case
Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential ...
GMAC in Talks with Treasury for 3rd Round of Bailout
GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline ...
7 Calif Cities Top Nation in Median Home Values
Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of ...
Bill Zeroes in on Overseas Tax-Dodge Schemes
Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy tax dodgers hiding money overseas.
India's Reva to Build Electric Cars in New York
An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...
Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
New Apps Turn Cell Phones into Localized Guides
You're walking down the street, looking for a good place to eat. You hold up your cell phone and use it like the viewfinder on ...
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Retail, Jobs Data Boost Wall Street
Stocks are resuming their climb as investors get positive readings on two of the best gauges of the economy's health: consumer spending and corporate profits. ...
Hummer Now Owned by China's Sichuan Tengzhong
Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker. General Motors ...
USA Today Posts 17% Circulation Drop
USA Today expects to report the largest decline in circulation in its 27-year history, threatening its No. 1 position among U.S. dailies as the growth ...
Shanghai Leads Global Stock Rally on Rising Dollar
Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world's major markets shot higher amid ...
Audi Sales Decline Eased by Strong Asia Growth
German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect ...
AP, News Corp Want Search Engines to Pay for News
The leaders of two of the world's major news organizations said Friday that it is time for search engines and others who use news content ...
Infosys Raises Outlook Despite Profit Dip
Infosys Technologies Ltd. reported a slight decrease in quarterly profit Friday but raised its revenue and earnings forecasts — a signal the worst may be ...
Frank Advances Bill to Limit Credit-Card Rate Hikes
Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: ...
Another Asset Bubble May Be Forming Already
The next financial bubble could come sooner than you think. A year after the collapse of home values triggered the financial crisis and Great Recession, ...
Twitter Launches Japanese Mobile Site
Twitter Inc. now speaks Japanese — and it plans to be multilingual within months. The popular microblogging service launched a Japan-based mobile version Thursday, hoping ...
GM to Sell Hummer to Sichuan Tengzhong Heavy
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, ...
New Jobless Claims Lowest Since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs ease a bit ...
GM Names New Sales Chief As U.S. Market Share Erodes
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to ...
Marriott Posts Q3 Loss on Timeshare Slump
Marriott International says it lost $466 million in its third quarter on hefty impairment charges, mostly related to its timeshare business. The hotel operator lost ...
Nissan Land Glider Electric As Agile As a Motorcycle
Nissan's Land Glider electric vehicle tilts from side to side, sashaying into curves by up to a 17-degree angle, as though showing off in a ...
Worldwide Prescription Drug Sales Growth Slows
Growth of prescription drug revenue worldwide will likely dip to between 4 percent and 6 percent next year — the lowest rate in at least ...
Dell to Make Android Phones for AT&T
Dell Inc. is working on a "smart" phone for AT&T that runs Google Inc.'s Android phone operating system, according to a newspaper report Wednesday. The ...
Home Sales Rebound on Tax Credit, Foreclosures
With homebuyers rushing to complete their purchases before a tax credit for first-time owners expires, a report Friday is expected to show strong September sales.
Netflix to Stream Movies Through PlayStation 3
PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox ...
3-D Likely to Be Next Big Home TV Upgrade
Fans scrambled to see 3-D movies such as "Cloudy with a Chance of Meatballs" in theaters this year and new 3-D televisions could soon have ...
Internet to Expand with Non-Latin Domain Names
The Internet is set to undergo one of the biggest changes in its four-decade history with the expected approval this week of international domain names ...
S. Korea Economy Grew at Fastest Pace in 7 Years
South Korea's economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and capital spending as Asian ...
Capmark Files for Chapter 11 Protection
Capmark Financial Group, one of the nation's largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt.
Record NYC Real Estate Deal Looms As Record Bust
It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops. At the height of ...
Biggest Solar Power Plant Set to Open in Florida
Greg Bove steps into his pickup truck and drives down a sandy path to where the future of Florida's renewable energy plans begin: Acres of ...
Fortune Makes Big Changes to Cope with Ad Slump
Fortune is embarking on an ambitious redesign of its business magazine, as a vicious advertising slump is forcing the publication to cut the number of ...
Corning Profits Slip but TV Glass Demand Rises
Corning Inc. said Monday that demand is rebounding for its flat-screen television glass but the specialty glass maker's third-quarter profit fell 16 percent from a ...
Amazon Profits Blow Past Estimates
Amazon.com Inc.'s third-quarter results blew past analyst expectations, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.
Kia Profits Swell to Record on Sales Growth
Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean ...
$300-Bil Est. for National High-Speed Rail Lines
Communities and companies seeking to build high-speed rail systems haven't yet received the $8 billion in stimulus money the Obama administration promised for the projects
Taiwan Lifts Ban on U.S. Beef in Bone
Taiwan says it will lift a ban on imports of a range of U.S. "beef in bone" products including Porterhouse steak.
Hynix Reports First Quarterly Profit in Two Years
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market. The company ...
Netflix Q3 Earnings Surge 48% on Subscriber Boom
Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations. ...
Feds Unveil Plans to Limit Top Executive Pay at Banks
The government zeroed in on corporate excess and recklessness Thursday with deep, unprecedented cuts in executive compensation at companies living on taxpayer money and a ...
Hulu May Start Charging for Video Access
Hulu, the free online video site where television shows and movies can be watched in their entirety, will start charging fees at some point, one ...
IBM Adds $5 Bil. to Share Buyback Program
IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the ...
GM to Post Sales Gains for First Time in 21 Months
General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top ...
China's Geely in Talks to Buy Volvo from Ford
Ford Motor Co. has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. ...
Japan Carmakers Report Record China Production
Japanese automakers are experiencing a production boom in China with Toyota, Honda and Nissan setting records for September — the latest signs of an emerging ...
Asian Markets Fall on U.S. Consumer Sentiment
Global stock markets dropped Wednesday as more signs American consumers were struggling undermined hopes for a stronger turnaround in the world's largest economy.
Ex-AMD CEO Fingered As Leaker in Galleon Case
Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential ...
GMAC in Talks with Treasury for 3rd Round of Bailout
GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline ...
7 Calif Cities Top Nation in Median Home Values
Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of ...
Bill Zeroes in on Overseas Tax-Dodge Schemes
Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy tax dodgers hiding money overseas.
India's Reva to Build Electric Cars in New York
An Indian car company has chosen upstate New York for a factory to build a new generation of electric cars for North America, a state ...
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