Stocks Jump on Upbeat Retail Data
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected
Business
GM Reports $1.2 Bil. Loss, Sees Turnaround
General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Sands to Resume Macau Casino Resort Construction
U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction
China Wants U.S. to Raise Rates to Save Recovery
China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices
Google Cedes Partial Control over Online Library
Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...
Rich Buying Again but Middle Class Still Hurting
American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...
Electronic Editions Save Some Papers from Sharp Declines
While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
Employers to Add Jobs Starting Q1
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue
World Markets Buoyed by BOA TARP Repayment Plan
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion
IPO Boom Looks to Continue into 2010
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for ...
Sony Hopes Online Service Will Build Brand Loyalty
Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games
Nissan Makes Bid for Electric-Car Leadership
The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars
Old Navy Recovery Boosts Gap Profits
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping
Dollar Rises, Stocks Fall on Weak Economic Data
Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.
GM Analysts Predict Strong November Sales
U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.
U.S., Japan Expected to Recover Faster than EU
The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe
Sony Chief Outlines Turnaround Plan
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...
Singapore Economy Grows for 2nd Straight Qtr
Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
Asian Stocks Drop on Slow Recovery Signs
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks
Japan Encouraged by Smaller Export Decline
Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession
Stocks Jump on Upbeat Retail Data
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected
GM Reports $1.2 Bil. Loss, Sees Turnaround
General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in ...
Japan Reports Surprising 4.8% Growth in Q3
Japan's economy flexed more muscle than expected in the third quarter, as rekindled demand at home and abroad fueled its largest expansion
GE to Develop Aviation Electronics with China Firm
>General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers
Sands to Resume Macau Casino Resort Construction
U.S. casino operator Las Vegas Sands Corp. plans to resume work in January on its multibillion-dollar gambling resorts in Macau after suspending construction
China Wants U.S. to Raise Rates to Save Recovery
China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices
Google Cedes Partial Control over Online Library
Internet search leader Google will ease its control over millions of copyright-protected books earmarked for its digital library if a court approves a revised lawsuit ...
Rich Buying Again but Middle Class Still Hurting
American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower ...
Electronic Editions Save Some Papers from Sharp Declines
While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling ...
Consumer, GDP Data Dampen Stocks
Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped
Japan Airlines to Get $1.1 Bil. Emergency Loan
Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company
China Warning to Banks Pushes Down Stocks
World stock markets fell Tuesday following big gains on Monday, with China's main index posting its biggest drop in three months
Citi Upgrades Global Growth Forecasts
Citigroup Inc. upgraded its 2010 economic growth forecasts for several countries on Monday, and said it expects a sustained but uneven global recovery next year.
Home Sales Growth Restarts Stock Rally
Investors halted stocks' three-day losing streak Monday, buying across the market on a range of factors including the weaker dollar and better-than-expected
Praxair to Sell Key Gases to China Solar Panel Maker
Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and ...
Gold Hits Record High As World Markets Rally
World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London
California Squeezes into Europe's Olive Oil Monopoly
An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession
Employers to Add Jobs Starting Q1
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue
World Markets Buoyed by BOA TARP Repayment Plan
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion
IPO Boom Looks to Continue into 2010
The flurry of initial public offerings this week is confirmation that this fall's rebound in the market wasn't a fluke and sets the stage for ...
Sony Hopes Online Service Will Build Brand Loyalty
Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games
Nissan Makes Bid for Electric-Car Leadership
The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars
Old Navy Recovery Boosts Gap Profits
Shoppers spent more money at low-price Old Navy stores in the third quarter, helping
Dollar Rises, Stocks Fall on Weak Economic Data
Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar.
GM Analysts Predict Strong November Sales
U.S. auto sales could top an annual rate of 10.8 million in November, General Motors Co.'s top sales analyst said Thursday.
U.S., Japan Expected to Recover Faster than EU
The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe
Sony Chief Outlines Turnaround Plan
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way ...
Singapore Economy Grows for 2nd Straight Qtr
Singapore said its economy would expand as little as 3 percent in 2010, well below the high growth rates of past years
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
Asian Stocks Drop on Slow Recovery Signs
Asian stock markets retreated Friday as worries — from weak job figures in the U.S. to the prospect of more stringent capital requirements for banks
Japan Encouraged by Smaller Export Decline
Japan's exports posted their smallest fall in 14 months in November as robust Asian demand bolstered hopes a recovery in trade will avoid another recession
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