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Phillips Profits Jump 5-Fold on Strong TV Sales

Football fans buying new flat screen televisions to watch the World Cup helped Dutch electronics maker Royal Philips Electronics NV post

Recovery Continues at Slower Pace

Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs

Investors Dump Stocks Despite Strong Profit Reports

Profit is so boring. That's one way to characterize investors' suddenly blase view of Corporate America's single most important figure. Earnings gushed last week like ...

Airbus, Boeing Kick Off Show with Big Orders

Boeing Co. predicts significant new plane orders for itself and European arch rival Airbus at the Farnborough International Airshow

China, Japan Cut U.S. Treasury Holdings in May

China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase.

Jobs Has Imperfect Response for iPhone Glitch

A perfect iPhone? There's no app for that. Apple Inc. will give free protective cases to buyers of its latest iPhone to prevent reception

GE Profits Rise but Revenues Slip 4%

Cost cutting and an improved financial business helped General Electric Co. post its first increase in quarterly profit since 2007 on Friday

Russia Opens Up Bidding on Chopper-Carrier Prototypes

Russia will hold an open tender for two warships of the class it had planned to buy from France without inviting other bidders

Agri Bank Shares Creep Up in HK After $22.1 Bil. IPO

Agricultural Bank of China's shares inched up in trading on the Hong Kong stock exchange Friday, despite a tepid reception in Shanghai

Google Q2 Shares Fall on Rising Payroll Costs

Google Inc. is doing its part to stimulate the economy and hurting its stock in the process. With its payroll

Europe Debt Crisis Eases on News from Germany, Spain

Europe got scraps of positive news Thursday in its battle to overcome a government debt crisis, as Germany cut its budget deficit forecast

Apple to Address iPhone 4 Antenna Problem Friday

Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints

Wholesale Prices Fall for 3rd Consecutive Month

Wholesale prices fell for a third consecutive month as another drop in energy costs and the biggest plunge in food costs in eight years banished

New Jobless Claims Fall Sharply Again

New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.

JPMorgan Profits Soar to $4.8 Bil. in Q2

JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans

Asia Stocks Rise on Hopes of More U.S. Stimulus

Asian stock markets climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus

Caterpillar to Raise Prices on Strong Growth

Heavy-equipment maker Caterpillar says it will raise prices up to 2 percent worldwide starting in January.

Green Goes Sleek at Paris Auto Show

Sizzling, sleek designs for a carbon-conscious world headlined Thursday as global automakers rolled out their latest high-tech models at the Paris auto

AIG Sells 2 Japanese Units for $4.8 Bil.

AIG, which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two ...

Spain Debt Downgrade Drags Down Stock Prices

Spain's hurting economy got hit again Thursday with yet another downgrade of its government debt by a major ratings agency, meaning the nation's

German Jobless Rate Falls to 7.2%

Germany's unemployment rate dropped to 7.2 percent in September as the strength of Europe's biggest economy helped the labor market recover quickly

Waxman Shelves Bill to Control Bandwidth Manipulation

House Democrats have shelved a last-ditch effort to broker a compromise between phone, cable and Internet companies on rules

Cheap, Hi-Tech Toys Top Christmas List

This year's hot holiday toys are high-tech - and low-price. From tiny remote-control cars from Mattel to nearly paper-thin electronic guitars

Digital Reading Squeezes Out Finland's Paper Mills

Shielded from the deafening roar and searing heat of Paper Machine No. 4, factory foreman Reino Mustonen watches from his glassed-in office

Cheap, Clean and China the Foci of Paris Auto Show

At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.

Japan Business Confidence Rises for 6th Straight Quarter

Business confidence in Japan rose for the sixth straight quarter, but companies fear the improvement is temporary as cooling global growth

HP Reveals Rosy Outlook but Not Next CEO

Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving any guidance on the biggest issue hanging over the world's largest

Hulu Plus to Play on Roku, Tivo Set-Top Boxes

Hulu Plus, the $10-per-month online TV subscription service, will soon be available for users of Roku Inc. set-top boxes and Tivo Inc. subscribers

Recession Widens Rich- Poor Gap, Cuts Marriages

The recession seems to be socking Americans in the heart as well as the wallet: Marriages have hit an all-time low while pleas for food ...

Coca-Cola to Invest $1 Bil. in Philippines

Coca-Cola Co. said Tuesday it will spend $1 billion in the Philippines over the next five years to expand its presence in the fast-growing market

Toys R Us to Hire 45,000 Workers, Plans Stock Sale

Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force.

LG Chem Adds Mitsubishi Motors As Battery Client

Mitsubishi Motors became the latest automaker to sign Korea's LG Chem as the battery supplier for its upcoming electric and hybrid vehicles

World Stocks Slip on Euro Debt Fears, Yen Action

World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve

Microsoft Sues Motorola on Smart Phone Patents

Microsoft Corp. is suing Motorola Inc. for infringing on its smart-phone patents.

Feds Sue 3 Major Credit Card Cos., Settle with 2

The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement

Toyota Repaired 3.7 Mil. Cars Under Recalls

Toyota Motor Corp. said Monday it had fixed about 3.7 million vehicles in the United States as part of its massive safety recalls, citing progress

Poor Americans Bear High Cost of Going Bankless

The nickel-and-diming never stopped. The fees were constant: $28 to cash a paycheck. $1.50 for a money order.

Asia Stocks Up, Europe Down Ahead of U.S. Data

The continued relative strength of the yen hurt Japanese stocks earlier and the Nikkei 225 stock average closed down 23.17 points

Sanofi-Aventis Launches Hostile Bid for Genzyme

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture

Toshiba Unveils Glasses-Free 3-D TVs

Toshiba Corp. believes it has a solution for television viewers who like 3-D but hate the glasses.

Verizon Wireless May Refund $90 Mil. in Web Fees

Verizon Wireless could pay out up to $90 million in refunds to cell phone customers who were improperly charged for inadvertent Web access or data

BOA Forced to Delay Foreclosures in 23 States

Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners

China Studio Buys Stake in Hollywood Production Firm

The Hollywood production house behind hits including "Clash of the Titans" and "Inception" has sold a 3.3 percent stake to a Chinese studio

Car Sales Surge Mostly on New Crossovers

New models and Labor Day promotions didn't do much to fire Americans' appetites for new cars in September.

Manufacturing Expands for 14th Straight Month

Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November.

Incomes, Spending Both Rose in August

Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled

United, Continental Merge to Become World's No. 1

United and Continental closed a deal on Friday that will create a new No. 1 airline in the world, ending Delta's two-year hold on the ...

Eurozone Unemployment at 10.1% in August

Unemployment in the 16 countries that use the euro remained unchanged at 10.1 percent in August despite a stronger than anticipated economic recovery

BP Says It Paid $11.2 Bil. on Gulf Oil Spill Claims

BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous

China Manufacturing Picks Up Steam in September

Growth in Chinese manufacturing picked up pace in September, a survey showed Friday, adding to evidence that China's economic recovery remains on track.