Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
Business
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
World Markets Falls on Europe Debt Fears
World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.
Toyota to Invest $50 Mil. in Tesla Electric Car Plant
The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars
Stocks Suffer Biggest Plunge in Over 1 Year
Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine
Dell Income Jumps 52% on PC Sales, Services
Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services
New Jobless Claims Jump Most in Three Months
The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.
Vanishing Inflation Helps Consumers, Borrowers
Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Stocks End Down on Sluggish Job-Growth Data
A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.
Euro Drops Back After Bailout Bounce
The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated
Walgreens Postpones Sales of Genetic Tests
The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test
Sony Reports First Yearly Loss on Revenue Drop
Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.
Asian Stocks Rally on Positive Europe News
Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain
Cisco Profits Jump 63% on Revenue Rebound
Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence
SAP Buys Sybase to Bolster Fight Against Oracle
German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Ford CEO Expects Solid Profits for 2010
Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
Microsoft Offers Free Office Apps Online
Microsoft Corp. is rolling out a new edition of its Office programs to businesses Wednesday, and for the first time it's adding versions of Word
Korea Keeps Rate at Record Low Despite 5.2% Growth
South Korea's central bank left its key interest rate at a record low Wednesday for a 15th straight month amid expectations the country's economy
SEC Still Can't Figure Out What Caused Plunge
The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure
Firefox 4 to Lose Menu Items to Gain Speed
A new version of the popular Firefox browser will come before the end of the year. Firefox 4 will pare down the browser's menus and ...
Toyota Profits Surge on Costcutting, Global Recovery
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales ...
Jobs Called Chen to Get iPhone Prototype Back
Brian Hogan's world closed in fast almost as soon as he sold the next-generation iPhone he found in a Silicon Valley bar to a popular ...
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
GM Reports First Profits in 3 Years
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.
Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.
Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash
Europe Stocks Rebound As Euro Hits New 4-Year Low
European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...
Trichet Says Europe Economy At Its Worst Since WWI
The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries
Japan Machinery Orders Rose 5.4% in March
Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months
Locke Pushes U.S. Green Tech on Reluctant China
U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.
FDIC Shuts Down 4 Banks to Bring Year's Total to 72
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri
Wholesale Prices Rise on Food, Energy Costs
Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.
Euro at 4-Year Lows on Debt Fears
The euro sank to just above a 4-year low against the dollar Friday as economic data suggested a stronger recovery in the U.S. while the ...
J.C. Penney Profits More Than Double
J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements
Mizuho Swings to $2.6 Bil. Profit As Japan Recovers
Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black
World Stocks Fall on Euro Debt, U.S. Jobless
World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow
Lawyers Vie to Lead Mass Suits Against Toyota
Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position
Google Says China Situation Stable for Now
Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out
Adobe Fires Back at Apple with Love Ad Campaign
Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...
Stocks End Higher After Year's Biggest Slide
Stocks ended sharply higher a day after posting their biggest drops in more than a year.
3-D Shrek Shocks Moviegoers with $20 Tickets
A few theaters seemed to flirt with the idea of raising the adult ticket price to $20 to the IMAX 3-D family movie "Shrek Forever ...
PepsiCo to Invest $2.5 Bil. More in China
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to ...
Stocks Recover from 184-Point Dow Slide
Stocks had another wild day, but there was no big event, no surprise announcement behind the swings.
World Markets Falls on Europe Debt Fears
World markets tumbled Friday, extending a wave of selling amid growing fears that Europe's debt crisis could spread and undermine global economic growth.
Toyota to Invest $50 Mil. in Tesla Electric Car Plant
The heads of Tesla Motors Inc. and Toyota Motors Corp. surprised the auto world Thursday by announcing a partnership to develop and build electric cars
Stocks Suffer Biggest Plunge in Over 1 Year
Stocks took their deepest plunge in more than a year Thursday as fears grew that Europe's debt crisis could spread around the world and undermine
Dell Income Jumps 52% on PC Sales, Services
Computer maker Dell Inc. said Thursday its first-quarter net income rose 52 percent, helped by sales of computers to businesses and technology services
New Jobless Claims Jump Most in Three Months
The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.
Vanishing Inflation Helps Consumers, Borrowers
Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows.
Staples Income Rises on Sales Growth
Staples Inc.'s first-quarter net income climbed 30 percent as both its North American and international sales improved.
Samsung Life Shares Jump After Record IPO
Samsung Life Insurance shares jumped 10 percent in their first day of trading in South Korea after a $4.3 billion initial public offering that set ...
Stocks End Down on Sluggish Job-Growth Data
A late-day slide left stocks lower Thursday following a disappointing forecast from department store chain Kohl's and a drop in financial shares.
Euro Drops Back After Bailout Bounce
The euro soared after the EU announced a startling $1 trillion financial rescue package earlier this week. But that respite has evaporated
Walgreens Postpones Sales of Genetic Tests
The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test
Sony Reports First Yearly Loss on Revenue Drop
Sony Corp. stayed in the red last business year but shrank losses through cost cuts and better sales of consumer electronics.
Asian Stocks Rally on Positive Europe News
Asian stock markets rallied in early trading Thursday on easing worries over Europe's debt crisis after Spain
Cisco Profits Jump 63% on Revenue Rebound
Cisco said Wednesday that its net income for the latest quarter rose 63 percent from last year, as the economic recovery gave customers the confidence
SAP Buys Sybase to Bolster Fight Against Oracle
German business software maker SAP AG has agreed to buy Sybase Inc. in a $5.8 billion deal that ratchets up SAP's rivalry with database leader ...
Another Possible iPhone Prototype Turns Up in Vietnam
Another possible next-generation iPhone prototype has surfaced, this time in Vietnam.
Ford CEO Expects Solid Profits for 2010
Ford's chief executive said the second-largest U.S. automaker should be "solidly" profitable in 2010 as it recovers from a sharp downturn in the car industry.
Macy's Returns to Profits on Localized Merchandising
Macy's Inc. returned to profitability in the first quarter as the department store operator saw sales pick up on efforts to tailor its merchandise
$40 Bil. Trade Deficit Evidences U.S. Rebound
The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of ...
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
Microsoft Offers Free Office Apps Online
Microsoft Corp. is rolling out a new edition of its Office programs to businesses Wednesday, and for the first time it's adding versions of Word
Korea Keeps Rate at Record Low Despite 5.2% Growth
South Korea's central bank left its key interest rate at a record low Wednesday for a 15th straight month amid expectations the country's economy
SEC Still Can't Figure Out What Caused Plunge
The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure
Firefox 4 to Lose Menu Items to Gain Speed
A new version of the popular Firefox browser will come before the end of the year. Firefox 4 will pare down the browser's menus and ...
Toyota Profits Surge on Costcutting, Global Recovery
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales ...
Jobs Called Chen to Get iPhone Prototype Back
Brian Hogan's world closed in fast almost as soon as he sold the next-generation iPhone he found in a Silicon Valley bar to a popular ...
Oil Prices Fell 20% in 2 Weeks
Oil prices fell again Monday and have now fallen about 20 percent in just two weeks as investors worry about the ripple effects of a ...
GM Reports First Profits in 3 Years
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years.
Japan's Astellas to Buy U.S. Drugmaker OSI for $4 Bil.
Astellas Pharma Inc., Japan's No. 2 drug maker, said Monday it will buy U.S. cancer drug company OSI Pharmaceuticals Inc. for $4 billion in cash
Europe Stocks Rebound As Euro Hits New 4-Year Low
European stock markets rebounded Monday after big falls at the end of last week but the euro continued to languish near four-year lows against the ...
Trichet Says Europe Economy At Its Worst Since WWI
The euro750 billion ($1 trillion) shock-and-awe rescue package to prevent the Greek debt crisis from spreading only bought eurozone countries
Japan Machinery Orders Rose 5.4% in March
Japan's machinery orders, a closely watched indicator of future business investment, rose in March for the first time in three months
Locke Pushes U.S. Green Tech on Reluctant China
U.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week.
FDIC Shuts Down 4 Banks to Bring Year's Total to 72
Regulators on Friday shut down Midwest Bank and Trust Company in Elmwood Park, Ill., as well as three smaller banks in Georgia, Michigan and Missouri
Wholesale Prices Rise on Food, Energy Costs
Wholesale prices rose last month due to higher costs for food and energy. But the increase isn't likely to spark fears of widespread inflation.
Euro at 4-Year Lows on Debt Fears
The euro sank to just above a 4-year low against the dollar Friday as economic data suggested a stronger recovery in the U.S. while the ...
J.C. Penney Profits More Than Double
J.C. Penney Co. reported that its first-quarter net income more than doubled as the department store operator benefited from sales improvements
Mizuho Swings to $2.6 Bil. Profit As Japan Recovers
Mizuho Financial Group, Japan's No. 2 bank, posted a 239.4 billion yen ($2.6 billion) profit for the year through March, returning to the black
World Stocks Fall on Euro Debt, U.S. Jobless
World stock markets and the euro fell Friday on worries that Europe's fiscal austerity measures and stubbornly high unemployment in the U.S. will slow
Lawyers Vie to Lead Mass Suits Against Toyota
Dozen of lawyers spoke glowingly about their courtroom credentials Thursday as they tried to persuade a federal judge to give them a lead position
Google Says China Situation Stable for Now
Google CEO Eric Schmidt has assured shareholders that the Internet search company's China operations are stable after a falling out
Adobe Fires Back at Apple with Love Ad Campaign
Adobe is firing back at Apple with love. Adobe Systems Inc. is countering Apple Inc. CEO Steve Jobs' recent jab at Adobe's Flash technology for ...
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