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Business

Luxury Goods Enjoy Boom in China

Clutching a fistful of shopping bags from designers Vivienne Westwood, ...

Obama Wants Credit Card Legislation by Month's End

Send me a bill that stops credit card companies from ...

Wall Street Ends Week Surgin on Jobs, Banks

As far as Wall Street is concerned there is no ...

Employment Data Boost Wall Street

Stock futures are extending their gains as the government says ...

Toyota Reports Record Losses

Toyota Motor Corp. lost 765.8 billion yen ($7.7 billion) in ...

Stress Test Results Lift Cloud of Uncertainty

Government exams of the nation’s biggest banks have helped lift ...

World Stocks Continue Climbing on U.S. Jobless Data

European markets extended their rally Thursday following key interest rate ...

Oil Hits 6-Month High on Surging Optimism

Oil prices jumped to almost $58 a barrel Thursday, extending ...

China's Geely Bids for GM's SAAB

Chinese automaker Geely Automobile Holdings said Thursday it is bidding ...

Bank of America Shares Surge Ahead of Stress Test Results

Shares of Bank of America Corp. continued their rapid climb ...

China Pledges Another Big Buying Spree in Europe

China promised Thursday to send its companies on new multibillion ...

Validity of Bank Stress Test Questioned

Some of the nation’s largest banks will be scrambling to ...

Hitachi Reports Worst Manufacturing Loss on Record

Japanese electronics maker Hitachi Ltd. said Thursday its loss for ...

Korean Air Losses Jump on Weak Won

Korean Air Lines Co. said Thursday its first quarter net ...

Bank Stress Test Results Ease Worries, Boost Wall Street

Investors felt more confident putting their money into banks on ...

Asia Agrees on Need to Cut Exports, Boost Consumption

Cutting Asia’s reliance on exports for growth has taken on ...

Oil Stays Above $54 on Recovery Hopes

Oil prices lingered above $54 a barrel Tuesday as growing ...

Market Buoyant Despite Pending Bank Stress-Test Results

Banks will be told today how they did on their ...

GM Plans 1-for-100 Reverse Stock Split

General Motors Corp. notified shareholders Tuesday it is planning a ...

IMF Projects 4.3% Growth for Asia in 2010 Recovery

Most Asian economies face a sharp contraction this year and ...

Biotech Profitable at Last but Squeezed by Recession

The U.S. biotech industry became profitable as a whole for ...

IT Giants May Be Hit Hard by Obama's Overseas Profits ...

President Barack Obama’s plan to impose U.S. taxes on corporate ...

GM's China Sales Surge 50% to Monthly Record

General Motors said Tuesday that sales in China soared 50 ...

Sanyo Reports Loss but Expects Profits This Year

Sanyo Electric Co. sank to an annual loss because of ...

Fed Survey Shows Uneven Regional Growth

The U.S. economy grew unevenly in early fall, with more ...

Coca-Cola Profits Up on Global Sales Growth

Coca-Cola Co.'s third-quarter net income rose 8.4 percent as it ...

Japan Regulators Asked to Review Yahoo-Google Deal

A Japanese online shopping company said Wednesday it has asked ...

Boeing Profits Beat Views on More Jet Sales

Boeing posted an $837 million third-quarter profit on Wednesday and ...

Delta Posts Q3 Profits on Booming Asia Routes

Delta Air Lines Inc. said Wednesday it posted a profit ...

IBM Beats Views, Raises Outlook

IBM's net income rose 12 percent and the technology company ...

J&J Profits Up Slightly Despite Lower Sales

Health care giant Johnson & Johnson eked out a 2 ...

Posco's $12 Bil. India Plant May Be Halted by Gov't

A government panel wants to withdraw environmental clearances for South ...

China Signals Full Recovery with Rate Hike

China raised its benchmark lending rate Tuesday for the first ...

East Asia Output Above Pre-Recession Levels

The World Bank raised its growth forecast for East Asia's ...

Airline Profits Soared on Higher Fares, Fees

Fewer seats, higher fares and more money from fees may ...

China to Boost Minimum Wage 13% Per Year

China hopes to offset the impact of inflation and cut ...

Microsoft Wants Back in Smart Phone Game with Phone 7

When it comes to smart phones, Microsoft is itching to ...

Court Orders Google to ID Harassive Poster

A business consultant who wants to know who's been anonymously ...

China Growth Eases Further on Cooling Moves

China's rapid expansion slowed in the latest quarter as Beijing ...

GM China Exports Locally Developed Chevy New Sail

General Motors Co. said Thursday its Shanghai GM joint venture ...

Sony's Google TV Allows Seamless Switching

Sony plans to introduce its Web-surfing Google TV in nations ...

Toyota Recalls 1.53 Mil. Cars for Brakes, Fuel Pumps

Toyota is recalling 1.53 million Lexus, Avalon and other models, ...

World Stocks Rise on Strong U.S. Earnings

World stocks mostly rose Thursday after figures showed Chinese economic ...

Google Street View Blocked by 244,000 German Homes

Internet giant Google says more than 244,000 Germans have asked ...

Xerox Profits Double on ACS Acquisition

Xerox said Thursday it doubled its profit in the third ...

Caterpillar Doubles Profits on Surging Sales

Strong sales growth in developing countries pushed Caterpillar's third-quarter earnings ...

UPS Profits Soar on Surging Asian Electronics Imports

UPS Inc. said Thursday the U.S. economy is stable but ...

Starbucks Starts Serving Beer, Wine

Something new is on the menu at a renovated Starbucks ...

Baidu Profits Double on China Online Ad Boom

Baidu Inc., which operates China's leading search engine, said Friday ...