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India Industrial Production Surges 17.6%

India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy

EU to Approve S.Korea FTA Albeit Carmaker Opposition

The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite

China Inflation Rises Amid Signs Growth Slowing

China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on

American Families Rebuild Wealth on Slippery Slope

The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.

GM Clarifies Memo Forbidding Use of "Chevy"

Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.

World Stocks Fall Again As 3 Killed in Greek Strike

World markets continued to fall Wednesday, particularly in Asia, as investors worried that Europe's debt crisis would spread

290,000 Jobs Added in April but Jobless Rate Rises

More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent

Retailers Encouraged by Solid Spring Shopping

Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.

GM Hires Former Hyundai Marketing Whiz

General Motors Co. has hired the marketing whiz who helped Hyundai nearly double its market share in the U.S.

MGM Mirage Posts Loss on CityCenter Writedown

MGM Mirage says a hefty writedown related to its CityCenter joint venture contributed to a loss in the first-quarter.

Cablevision Profits Triple on New Subscribers

Cablevision says its first-quarter earnings more than tripled as it added cable, phone and Internet customers. The company is also lifting its dividend

Asia Stocks Slide, Europe Steadies

European stocks steadied Thursday despite a plunge in Asian markets as investors worried that Greece's debt crisis could spread to other countries

Zurich Financial Reports 76% Profit Jump

Swiss insurer Zurich Financial Services Group reported a 76 percent jump in first-quarter net profit Thursday despite paying out more for natural disasters

Indonesian Ancient Treasure Auction Sinks

A long-awaited auction of ancient treasures salvaged from the sea opened Wednesday in the Indonesian capital — and then abruptly closed

German Parliament Approves Greek Bailout

The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance

BMW Earns $424 Mil. in Q1 on Strong Revenue Growth

German luxury automaker BMW AG reported Wednesday a first-quarter profit on improved sales and said that rising demand for premium cars

Time Warner Asked to Stop Claiming Fiber Optics

An advertising watchdog on Tuesday asked Time Warner Cable Inc. and Cox Communications Inc. to drop claims that they run fiber-optics networks.

Apple's Developer Policy Draws Antitrust Scrutiny

Federal regulators plan to examine whether Apple Inc. is violating antitrust rules by requiring software developers to use Apple programming

ADM Profits Surge on Biofuel Demand

Archer Daniels Midland Co. reported that its third-quarter profit soared to more to $421 million from just $3 million in the same period last year

Oil Slips on Rising Dollar, Inventories

Oil prices slumped to below $85 a barrel Tuesday as the dollar strengthened and traders anticipated another increase in U.S. crude supplies

GM Celebrate's Suburban's 75th Birthday

The Chevrolet Suburban, the roomy choice of hunters, law enforcement agencies and soccer moms, celebrated its 75th anniversary Monday

GM's 6.4% April Sales Growth Less Than Expected

General Motors Co.'s sales rose 6.4 percent in April as the auto industry continued to see signs of recovery, although the pace slowed from incentive-fueled ...

Consumer Spending Growth Financed from Savings

Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest ...

New Short-Range Wi-Fi to Be 10 Times Faster

The industry group that supports Wi-Fi is adopting a new technology that should boost data speeds more than 10 times at short distances

Samsung Plans $20.6 Bil. New Tech Investments

Samsung said Tuesday it plans to invest 23.3 trillion won ($20.6 billion) over the next decade in technologies including solar cells and medical devices

Toyota Prius Tops Japan Sales for 12th Month

Toyota's Prius hybrid was Japan's top-selling car in April, clinching the No. 1 spot for the 12th straight month.

China Inflation at Worrisome 2.8% on Food Price Surge

China's inflation accelerated to 2.8 percent in April, driven by a jump in politically sensitive food prices, adding to pressure for Beijing to cool its ...

Dish May Have to Shut Down 7.3 Mil. DVRs

Dish Network Corp. reported a 26 percent drop in first-quarter net income as the satellite TV company stepped up promotions to reel in customers.

Sprint Joins Verizon in Jilting Google's Nexus One

Sprint Nextel has had a change of heart and scrapped its plans to back Google's Nexus One mobile phone.

Car Czar Thinks Taxpayers Can Get $40 Bil. from GM

The U.S. government could get back $40 billion of its $50 billion investment in General Motors Co., and the difference will have been well spent

Chrysler Moving Swiftly toward Profitability, IPO

Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.

Stocks Surge on Euro Defense Efforts

Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal

Avis Offers to Top Hertz Bid for Dollar Thrifty

Avis says rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.

U.S. Open to More Fines for Toyota

U.S. Transportation Secretary Ray LaHood said Monday that Washington wants to see results from Toyota's efforts to improve safety, and more fines would be imposed ...

European Flights Nearly Back to Normal As Ash Clears

Flights across Europe were operating normally Monday after a plume of volcanic ash that disrupted air traffic and forced some airports to close

EU Sets Up $1 Tril. Package to Defend Euro

The European Union and the International Monetary Fund pledged a massive nearly $1 trillion defense package for the embattled euro Monday

Fed Ships Dollars to Europe to Help Contain Crisis

The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on ...

No Cyber Attack Behind Thurs Selloff Says White House

The White House's homeland security and counterterrorism adviser says there is no evidence that a cyber attack was behind the chaos

Nokia Files New Patent Claim Against Apple iPad

Finnish cell phone maker Nokia Corp. said Friday that it has extended its patent-infringement claims against Apple Inc. to include the new iPad.

Spain Barely Emerges from Recession

Spain's economy grew in the first three months of 2010, putting an end to six quarters of recession, the Bank of Spain said Friday.

Panasonic Cuts Losses As Global Sales Recover

Panasonic slashed its losses for the January-March quarter to just under $1 billion as the world's biggest maker of plasma TVs benefited from a recovery

S. Korea GDP Growing at Annualized 7.5% Rate

South Korea's economic growth accelerated sharply in the first quarter of 2010 amid a rebound in manufacturing, exports and spending.

Euro Hits 1-Year Low on Spain Debt Downgrade

The dollar surged broadly Wednesday with the euro sinking to a 1-year low as the debt crisis in Europe intensified.

Comcast Profits Rise on Subscriptions, Ad Rebound

Consumers signing up for digital cable TV and high-speed Internet services led to a 12 percent increase in first-quarter profit for Comcast Corp.

Sprint Nextel Subscriber Loss Slows on Cheap Plans

Sprint Nextel Corp. continued to stem the long-running trend of subscriber flight in the first quarter but did so by offering cheaper service

Germany Says Greek Aid Likely By May 7

Germany could have its contribution to a financial aid package for Greece approved by the end of next week if Athens successfully finalizes

Honda Returns to Profitability on China, India Demand

Honda posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand

Greek Debt Crisis Spreads to Portugal

Greece was pushed to the brink of a financial abyss and started dragging another eurozone country — Portugal — down with it Tuesday

Sands Opens $5.7-Bil. Singapore Casino Resort

Singapore's second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state

World Markets Slide on China Fears, Greek Glitch

Greek shares led the global stock market retreat Tuesday amid mounting concerns about the country's ability to tap a bailout facility