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Fed Leans toward 2-Step Stimulus

The Federal Reserve is leaning toward taking two steps to boost the economy: Buying more Treasury bonds to drive down loan rates, and signaling

Apple Shares Touch New Record on iPad Hopes

Apple Inc.'s stock flirted with $300 Tuesday as investors high on the iPad's promise pushed shares to a record peak. Analysts see few reasons

Google to Build Off-Shore Wind Farms

Google will invest heavily in a network of deepwater transmission lines to bring power from offshore wind farms, yet to be built, to states along ...

China Raises Big Bank Reserve Ratio for 2 Months

China has raised reserve requirements for the six biggest commercial banks by 50 basis points on a temporary basis to cut the money supply

Pfizer to Buy King Pharmaceutical

Pfizer Inc., the world's largest pharmaceutical company by revenue, said Tuesday it will buy pain drug maker King Pharmaceuticals Inc. for $3.6 billion in cash.

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

Retail Sales Rose Modestly in September

Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.

Ford to Cut Lincoln Dealerships to Revitalize Brand

Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...

Service Sector Grew in September for 9th Straight Month

The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent

Japanese Stocks Lead World Markets After Rate Cut

Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate

Eurozone Retail Sales Fell Unexpectedly in August

Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign

Japan Cuts Key Interest Rate to Near Zero

Japan's central bank has cut its key interest rate to a range of zero to 0.1 percent, effectively introducing a zero interest rate policy.

Content Partners Sign Up for Google TV's October Launch

Google Inc.'s effort to wed Web surfing with television viewing is gathering more support from major media outlets that distribute some

Foreigners Find Irresistable Deals in U.S. Housing Bust

The Viceroy, a swanky condominium complex in downtown Miami, gives the impression that the United States is in another real estate boom.

Asia, Europe Stocks Rally on Fed Rate Cut Hopes

Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary

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

Microsoft Sues Motorola on Smart Phone Patents

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

Cisco to Sell HD Home Video-Conferencing Box

Cisco Systems Inc., seeking to become a bigger name in consumer electronics, said Wednesday that it's going to start selling a $599 box

Consumers Cut Credit Card Use for 24th Month

Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month, the Federal Reserve said Thursday.

Retail Sales Grow More Than Expected

Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents

PepsiCo Revenues Soar on Overseas Growth

PepsiCo's third-quarter net income rose 12 percent on strong sales gains abroad and strength in its drinks and Frito-Lay snacks.

World Markets Flat, Dollar Slides Awaiting Fed Move

World stock markets were steady Thursday ahead of European interest rate decisions and the start of the U.S. corporate earnings reporting season

Toyota Steps Up Efforts to Win Back Customers

Aiming to win back customer trust after its string of recalls, Toyota Motor Corp. is offering American buyers of new Toyota- and Scion-brand vehicles

Japan Forex Reserves Hit New High After Failed Intervention

Japan's foreign exchange reserves hit an all-time high in September after the central bank intervened in currency markets for the first time

Samsung Expects Earnings to Fall Below Record

Samsung Electronics, the world's biggest seller of computer memory chips, forecast Thursday that third-quarter operating profit likely eased

Verizon Wireless to Roll Out 4G in 38 Cities

Verizon Wireless said Wednesday that its new wireless broadband network, which offers higher data speeds initially for laptop users

Playstation Move Gets Gamers Off Couch

Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.

GE Taps Natural Gas Boom with Dresser Deal

General Electric Co. is expanding its energy business by tapping into the growing reliance of utilities and factories on natural gas.

Midnight Grocery Runs a Sign of Hard Times

Once a month, just after midnight, the beeping checkout scanners at a Walmart just off Interstate 95 come alive in a chorus of financial desperation.

Apple Readies iPhone for CDMA Markets

A new report says Apple is getting ready to manufacture a new iPhone that works on cellular networks based on CDMA technology

Fitch Downgrades Ireland Credit Rating

Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits

China Growth to Offset U.S. Weakness Says IMF

The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...

J&J Buys Dutch Biotech Crucell for $2.41 Bil.

Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's

Costco Income Rises on Overseas Strength

Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent

Q2 GDP Growth Expected to Be Halved by Revision

The government is about to confirm what many people have felt for some time: The economy barely has a pulse.

World's Airlines Returned to Profit in Q2

The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit

Asia Expects Robust Growth Despite Slowdown in West

Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already

Prices Slashed on Unsold L.A. Architectural Gems

The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California

Intel Trims Q3 Forecast on Weakening PC Demand

Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper

HP Tops Dell with $1.9 Bil. Offer for 3Par

3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider

Tiffany Profits Jump 19% on Global Growth

Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products

Boeing Announces More Delay in 787 Delivery

Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay

Asian Stocks Fall Ahead of Bernanke Speech

Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman

Asia Stocks Lead World Markets in New Rally

Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt