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Earnings Show Corporate America Out of Recession

Corporate America is back. Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits — not because of the layoffs ...

Gasoline Prices Set to Rise As Recession Fades

After a weeklong break, gasoline prices are ready to climb higher again. Surging wholesale gasoline prices should push pump prices to an 18-month high

Wal-Mart to Face Massive Class Action Suit

A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class

Hertz to Buy Dollar Thrifty for $1.2 Bil.

Hertz Global Holdings Inc. said Monday it has agreed to buy rival Dollar Thrifty Automotive Group for about $1.17 billion in cash

U.S. Newspaper Circulations Fall 8.7%

Circulation continues to drop severely at U.S. newspapers, though the rate of decline slowed from the previous six-month reporting period.

Germany Nixes Bailout Until Greece Inks Austerity Measures

German Finance Minister Wolfgang Schaeuble says parliament won't address Greece's aid request until Athens finishes talks with the European Union

Caterpillar Returns to Profit, Signals Strong Outlook

Heavy equipment maker Caterpillar signaled the economy is improving Monday with healthy outlook for the year and a sharp rebound from last

Treasury to Begin Selling Off Citigroup Shares

The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares.

Murdoch Turns Up WSJ Heat on New York Times

It might be the last great American newspaper war. And Rupert Murdoch intends to win it. He has made a career of grabbing readers

iPhones Will Never Support Flash Says Jobs

For iPhone users who've been wondering whether their devices will support Flash technology for Web video and games anytime soon

United, Continental Merge into World's Biggest Airline

United and Continental Airlines said Monday they have agreed to form the world's largest airline in a deal worth about $3 billion.

Asian Stocks Drop as China Raises Bank Reserve

Asian stocks fell Monday after China ordered banks to raise their reserves, the latest in a series of moves aimed at curbing inflation

Shanghai Expo Irresistable Draw for Business World

China's commercial capital of Shanghai has always been all about business. Nowhere is that more evident than at its World Expo

China Manufacturing Accelerated in April on Domestic Demand

A survey says China's manufacturing accelerated in April as domestic demand increased.

World Stocks Rise on Greek Bailout Hopes

European stocks traded in a narrow range Friday as investors warily awaited the completion of a Greek support package and looked ahead of U.S. economic ...

Japan Factory Output Rises But More Unemployed

Japan received an uneven assessment of its economic health Friday with indicators showing an increase in joblessness and ominously falling prices.

Toyota Creates Design Quality Division

Toyota, its reputation battered by global recalls, is setting up a new division devoted to feeding customer concerns into the design process

Samsung Profits Soar on Big Chip Sales Jump

Samsung Electronics said Friday that net profit surged in the first quarter amid strong demand and higher prices for computer memory chips.

Stocks Slide in Asia, Europe As Euro Relief Rally Fades

World stocks fell Tuesday as a relief rally triggered by a $1 trillion plan to contain Europe's debt crisis fizzled out.

Korea Targets Nuclear Reactors As Key Export Industry

S. Korea plans to boost nuclear reactors as the next major export industry after cars, chips and ships, reported Chosun Ilbo.

Credit-Rating Agencies Blamed for EU Debt Crisis

The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it's for warning investors

Exxon Mobil Profits Jump 38% on Oil Rise

Exxon Mobil Corp. said Thursday its quarterly profit jumped 38 percent as oil prices rose in the first three months of the year.

Kodak Returns to Profit on Inkjet, Samsung Settlement

Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a steep loss a year ago, lifted ...

Steelmaker ArcelorMittal Returns to Profit

ArcelorMittal SA, the world's largest steelmaker, said Thursday it swung to a relatively modest profit of $679 million in the first quarter compared to a ...

Visa Profits Jump on Consumer Spending Rebound

Revived consumer spending drove Visa Inc.'s fiscal second-quarter profit up 33 percent and the credit and debit card processor forecast strong revenue

HP to Buy Struggling Palm for $1.2 Bil.

Palm Inc. a pioneer in the smart phone business that couldn't quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard

EU Regulators Ban Some Kinds of Naked Short Selling

Germany's market regulator announced a ban Tuesday on so-called naked short-selling of eurozone government debt and shares of major financial

Toyota Expert Calls for Akio Toyoda to Step Down

An influential writer with ties to Toyota's past presidents is calling for a change of leadership at the recall-battered automaker in a letter to editors

Singapore GDP Soars 15.5% in Q1

Singapore revised up its first quarter economic growth to a blistering 16 percent as manufacturing, finance and tourism roared back

Japan's Economy Grows for 4th Straight Quarter

Japan's economic growth accelerated in the first quarter, as robust export growth spurred companies and consumers to boost spending.

Target Profits Up 29% on Card Boost, Clothing Sales

Target Corp. reported a 29 percent increase in first-quarter net income, fueled by an improvement in its credit-card business and higher sales

Oil Falls to $68 on Europe Fears

Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...

Stocks Slide on German Naked Short Selling Curbs

World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders

Toyota to Recall Up to 11,500 Lexuses

Toyota said Wednesday it will recall 4,500 Lexus vehicles in Japan to fix a computerized steering problem, with another 7,000 vehicles

HP Net Income Surges on PC Sales Jump

Hewlett-Packard Co.'s latest numbers show how deeply dependent the company is on personal computers even as it aggressively expands

Sears Income Falls on Bigger Appliance Discounts

Sears Holdings Corp.'s first-quarter net income fell 38 percent on thinner profit margins at its Sears chain, squeezed by discounts on appliances.

Yahoo to Buy Freelance News Outlet Associated Content

Yahoo Inc. is buying freelance news site Associated Content in a deal that will add a more folksy touch to one of the world's biggest ...

Construction Permits Fall, Wholesale Prices Slip

Construction of homes surged in April to the highest level in 18 months, fueled by buyers capitalizing on an expiring tax credit.

Google Buys Global IP to Boost Video Offerings

Google Inc. is buying Global IP Solutions Holding AB for $68.2 million in cash in a move to expand its Internet video and audio offerings

China Expects Higher Inflation in May, June

China's inflation should rise slightly in May and June but the overall increase in consumer prices for the first half should be just 2.5 percent

Vodafone Yearly Profits Double on Asia Growth

Vodafone Group PLC, the world's largest mobile telephone company, saw its full year profit more than double as strong growth in Asia

Home Depot Profits Surge, Outlook Improves

Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions

Oil Rises to $71 After 2-Week Selloff

Oil prices rose slightly to near $71 a barrel Tuesday in Asia after fears a European debt crisis could halt a global economic recovery sparked ...

Uncle Sam to Lose $1.6 Bil. on Chrysler Bailout

The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009.

German Business Confidence Dips on Debt Crisis

German business confidence slipped marginally in May, it's first such decline since February, as worries about the debt crisis weighed on financial markets

2.7 Mil. Log on for Halo Game Beta Test

Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...

IBM to Buy AT&T's Sterling for $1.4 Bil.

IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other

Europe Debt Woes Weigh on Stocks Again

European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.

Asian Stocks Gain Ground After Selloff on Euro Jitters

Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump

Chrysler Adds 1,100 Jobs at Detroit Jeep Plant

Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers