Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Business
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
Extended Volcano Eruptions Could Jeopardize Recovery
Even as Europe's dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland's volcano erupts again?
IMF Cuts Estimate of Losses from Financial Crisis
The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly
Bond Film Stopped on Uncertainty Over MGM's Fate
Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
SEC's Goldman Probe Could Widen to Other Banks
Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Toyota Recalls 600,000 Sienna Minivans
As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Hawaiian Tops in Service Among 18 Busiest Carriers
Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.
Shanghai Tops Taiwanese Foreign Investments
Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore
Infosys Profits Up 8.7%
Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent
Honda Jumps Into Green Game with Electric Scooters
The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.
Paramount Bundles Movies with Seagate Hard Drives
Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...
China Continues Oil Binge with Syncrude Buy
China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal
GM Says Chevy Volt Electric on Target for Dec Launch
Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised
Budget Deficit Falls to $65.4 Bil. for March
The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion
Microsoft Kin Phones to Take on iPhone, Blackberry
Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize
Feb. Trade Deficit Grows with Consumer Spending
The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...
GM China Sales Surge Past Sales in U.S.
General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year — four ...
China Suffers First Trade Deficit in Six Years
China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
GM to Repay Bailout Loan Before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June
Extended Volcano Eruptions Could Jeopardize Recovery
Even as Europe's dormant airports sputter back to life, prudent travelers and businessmen should ask: What if Iceland's volcano erupts again?
IMF Cuts Estimate of Losses from Financial Crisis
The world's banks could be spared billions in losses thanks to a global economy that is recovering from the financial meltdown more quickly
Bond Film Stopped on Uncertainty Over MGM's Fate
Producers say work on the next James Bond film has been halted indefinitely because of uncertainty about the future of distributor Metro-Goldwyn-Mayer Inc.
Stocks Rise in Asia, Europe on U.S. Rebound
Most global markets rebounded modestly Tuesday, following Wall Street higher as financial stocks recovered from a sell-off prompted
Online Firms Fear Impact of Global Copyright Pact
Companies across the technology industry — from Internet access providers to social networking sites to video-sharing services — are bracing
IMAX Signs Expanded 3-D Theater Deal in Japan
Megascreen theater company IMAX Corp. said Tuesday it will expand in Japan — the latest in a series of international deals inked recently amid growing ...
Toyota to Fix Stability Software on 34,000 Lexus GX460s
Toyota will offer the same fix for stability control programming it has announced for the Lexus GX 460 in North America to vehicles in other ...
SEC's Goldman Probe Could Widen to Other Banks
Goldman Sachs stepped up its defense against civil fraud charges Monday, telling clients it did not withhold information in a complex transaction
Yahoo Earnings Triple on Advertising Growth
Yahoo's first-quarter earnings nearly tripled as the Internet company's revenue edged up for the first time in more than a year.
IBM Sees Tech Spending Rebound, Profits Rise
IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding
Airlines Seek EU Compensation for $1 Bil. in Volcano Losses
As airline losses from the volcanic ash cloud spiraled over $1 billion on Monday, the industry demanded EU compensation and criticized European
Citigroup Reports $4.4 Bil. Earnings on Trading
Citigroup Inc. provided more evidence Monday that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit
Microsoft's China OEM Accused of Using Child Labor
Two factories that make Microsoft Corp. products in southern China violated overtime regulations and failed to properly register the use of workers
Toyota Agrees to Record $16 Mil. U.S. Fine
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about a dangerous accelerator pedal
China Banks to Refuse Loans for 3rd Homes
Commercial banks can refuse to issue loans to buyers of their third home in areas suffering from excessive real estate price inflation
11 China Cities Average $20,000 Real Per Capita GDP
The per capita GDP of the 11 richest Chinese cities has risen to $20,000 on a purchasing-power parity (PPP) basis
Toyota Recalls 600,000 Sienna Minivans
As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns
IMF Projects Better-Than-Expected Growth for World
The International Monetary Fund said Wednesday that the global economy, after enduring a crippling recession, should see better-than-expected growth
Video Games Shoot for Spectacular 3-D Experiences
For movie goers, watching a 3-D film is a relatively easy experience. Audiences didn't need to do anything other than pay a few extra bucks ...
BMW Aims for China Sales 20% Above Prior Record
Germany's BMW AG aims to lift its sales in China, a key market for the luxury automaker and one of its biggest.
Kia Motors Profits Quadruple on Strong Sales
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
Microsoft Profits Jump 35% on PC Rebound
An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter
Home Sales Rise, Jobless Claims Fall
The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound
Hyundai Profits Quintuple on Strong China, India Sales
Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India.
Hynix Returns to Profit on Doubling of DRAM Sales
Hynix Semiconductor returned to profit in the first quarter after a loss last year as sales more than doubled and prices for its mainstay computer ...
Japan's March Exports Up 43.5%
Japan's exports jumped 43.5 in March from a year earlier as a recovering global economy drove demand for the nation's cars and gadgets.
Stocks Slide As Feds File Fraud Suit Against Goldman
Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs
Facebook Seeks to Custom-Tailor Web for Users
Facebook is spreading its wings to the broader Web. It's a move that could change the way people experience the online world, though it could ...
Apple Profits Jump 90% on Soaring iPhone Sales
The paparazzi may have moved on to Apple's sexy new iPad, but the iPhone is still Wall Street's darling.
Boeing Promises First 787 Delivery by Year End
Boeing's first-quarter profit topped expectations and the aircraft maker says it still expects to deliver the first of its new 787s by the end of ...
Visa Pays $2 Mil. for Online Payment Processor
Visa Inc. is buying e-commerce payment processor CyberSource Corp. for about $2 billion.
Chrysler Operations Turn Profitable in 2010
Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year
American Cars Top Asian Imports in U.S. Quality Poll
After a long romance with foreign rivals, America's love affair with the automobile is returning to its roots with a revived affection for U.S.-made cars.
Geely's Volvo Purchase Faces Cultural Obstacles
Chinese tycoon Li Shufu's car company Geely has a knack for giving its vehicles oddball names: Gleagle, King Kong, Englon.
GM Pays Off Gov't Loans 5 Years Early
General Motors Co.'s CEO said Tuesday that the automaker has repaid the $8.1 billion in loans it received from the U.S. and Canadian governments
Hawaiian Tops in Service Among 18 Busiest Carriers
Hawaiian Airlines again tops a list of 18 of the nation's busiest carriers for best service. Closely trailing is low-cost carrier AirTran.
Shanghai Tops Taiwanese Foreign Investments
Shanghai topped the list of favorite foreign investment sites for Taiwanese investors, according to a China Times report. Tokyo and Singapore
Infosys Profits Up 8.7%
Infosys Technologies Ltd., India's bellwether information technology outsourcing company, said Tuesday quarterly profit rose 8.7 percent
Honda Jumps Into Green Game with Electric Scooters
The green fad in Japan is expanding from cars to bikes with Honda's zero-emission super-quiet electric EV-neo scooter.
Paramount Bundles Movies with Seagate Hard Drives
Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star ...
China Continues Oil Binge with Syncrude Buy
China's not done shopping the globe for oil. On Monday, a Beijing-backed oil producer announced the country's largest deal
GM Says Chevy Volt Electric on Target for Dec Launch
Real-world tests show that General Motors Co.'s rechargeable electric car can travel 40 miles on battery power as promised
Budget Deficit Falls to $65.4 Bil. for March
The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion
Microsoft Kin Phones to Take on iPhone, Blackberry
Microsoft Corp. unveiled two cell phones Monday that are meant for social networking-savvy teens and twenty-somethings, in an attempt to revitalize
Feb. Trade Deficit Grows with Consumer Spending
The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset ...
GM China Sales Surge Past Sales in U.S.
General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year — four ...
China Suffers First Trade Deficit in Six Years
China reported a $7.24 billion trade deficit in March, its first in almost six years, though the trend is likely to be short-lived.
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