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Wall Street Awaits Visit from Santa Claus Rally

Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally ...

Natural Gas May Power Global Warming Fight

An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming:

Made-for-Web Shows Start Seeing Off-Line Profits

Web sites that buy original video clips often pay so little that "The Bannen Way," a flashy crime thriller debuting online, looked destined to be ...

Hyundai Launches China Truck Venture

Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks ...

Whole Foods Founder Wants to Go Back to Healthy Roots

The chocolate fountain is a symbol for Whole Foods CEO John Mackey of how business has changed.

GM to Shut Down Saab After Spyker Talks Fail

General Motors Co. said Friday it will shut down Saab after talks to sell the brand to a Dutch carmaker collapsed, marking the third time ...

Wyoming Plant to Turn Coal into Gasoline

Wyoming Gov. Dave Freudenthal is supporting a Texas company's proposal to build a major plant for turning coal into gasoline.

Hyatt to Operate 5 New Hotels in India

Hyatt Hotels Corp. and DB Hospitality Pvt. Ltd., which is part of DB Group, said Friday that Hyatt will operate five new hotel properties in ...

China Tech Purchasing Rule Angers Foreign Firms

Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products

RIM Sees Profits Surge on Record Blackberry Sales

BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income

Calif Space Tourism Firm Inks S. Korea Launch Deal

A California company developing a rocket plane for space tourism announced Thursday that it has an agreement with a nonprofit group

Leading Indicators Point to Gradual Recovery

A report on unemployment claims and a forecast of U.S. economic activity pointed Thursday to an economy mending slowly

City Center Opens in Las Vegas with Big Bash

Visitors by the thousand streamed into the newest casino-resort on the Las Vegas strip early Thursday, an influx that casino officials hope will help yank ...

Treasury Backs Out of Plan to Sell Citi Stake

In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...

Ssangyong SUV Revival Plan OKd by Korean Court

A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday

Russia's Richest Man Closer to Owning Nets

A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.

Craigslist Surprised by eBay Attitude on Classifieds Venture

Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online

BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson

Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.

Taiwan Gov't to Subsidize World-Leading e-Book Industry

The Taiwan government says it will spend 2 billion New Taiwan dollars ($65 million) to support its electronic-book industry and help makers cash in

Nikkei Hits 6-Week High on Lower Yen

Asian markets were mixed Monday, with a weaker yen lifting Japanese stocks to a six-week high, while a drop in the U.S. unemployment rate failed ...

Jobless Professionals Vie for Holiday Sales Work

Mara Proctor used to design limestone hearths and columns for luxury homes near Kansas City, drawing on her college education and six years of training.

Colleges Explore Geothermal Power Systems

More college campuses are exploring geothermal power as a way to reduce energy costs that can add up to millions of dollars each year.

China Wind Power Companies Expand Overseas

China's Goldwind Science & Technology Ltd. is one of the world's biggest makers of wind turbines — a cornerstone of the booming clean power business

Kuwait Takes $1.1 Bil. Profit from Sale of Citi Stake

Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion by selling the stake it took in Citigroup Inc. less than two ...

Tuna Farmers Raise Real Chicken of the Sea

Thousands of tuna, their silver bellies bloated with fat, swim frantically around in netted areas of a small bay, stuffing themselves until they grow twice

Chevron to End East Coast Retail Operations

Chevron will pull its name from about 1,100 service stations in eastern states, the oil giant said Friday.

Surprise Drop in Jobless Rate Spurs Optimism

A surprising drop in the unemployment rate and far fewer job losses last month cheered investors Friday and raised hopes for a sustained economic recovery.

GM Enters India As Junior Partner to China's SAIC

General Motors Co. and its main Chinese partner announced a venture Friday to sell vehicles in India, uniting in the two fastest-growing car markets

Virgin Galactic Unveils SpaceShipTwo for Space Tourists

After five years of secret construction, the cloak is coming off a privately funded spacecraft designed

Sony Signs Deal to Record World Cup in 3-D

The 2010 World Cup is going 3-D. Sony Corp. said Friday it has signed a deal with FIFA, the international football governing body, to record ...

American Eagle Traffic Jumped 11.7% in November

American Eagle, which does regional flying for American Airlines, flew fuller planes in November as traffic jumped 11.7 percent, outstripping an 6.8 percent

United Airlines Traffic Rose 1.8% in November

United Airlines said Thursday that its traffic rose 1.8 percent in November. That plus a smaller fleet added up to planes that were 80.2 percent ...

Content Takes Center Stage in New Media Landscape

Comcast Corp. is buying control of NBC Universal from GE largely because Comcast wants to own more movies and TV shows.

New York City's Fiscal Prospects Surprisingly Bright

New York City's fiscal picture is brighter than it has been in a long time, according to a new report that projects fewer job losses, ...

Service Sector, Retail Sales Data Suggest Bumpy Recovery

Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports that service sector activity and retail sales unexpectedly

Comcast Faces Antitrust Hurdles to Complete NBC Deal

Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC

American Offers $1.1 to Woo Japan Airlines

American Airlines upped the ante in the tug-of-war over Japan Airlines, vowing Thursday to lead a $1.1 billion investment in the struggling carrier

Peugeot Citroen in Talks to Acquire Mitsubishi

French carmaker PSA Peugeot Citroen said Thursday it is in talks with Mitsubishi Motors Corp. that could lead to a "strategic partnership."

Oil Prices Fall Back Down on More Signs of Weak Demand

Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.

China Export Rebound Heartens Asian Markets

China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...

China Nuokang Bio-Pharma Falls on NY Debut

Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share

AOL Now Independent and Much Shrunken

AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...

Americans' Net Worth Up for 2nd Straight Qtr.

Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.

U.S. Trade Deficit Narrows on Surging Exports

The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...

Indian Gaming Kept Growing Through Recession

The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos

Panasonic to Buy Control of Sanyo for $4.6 Bil.

Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers

BOA Repays Entire $45 Bil. TARP Bailout

Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.

UAL Seeks Transpacific Joint Venture with ANA

A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...

Conan, Staff to Exit NBC for $45 Mil.

NBC said Thursday it has reached a $45 million deal with Conan O'Brien for his exit from the "Tonight" show, allowing Jay Leno to return ...

Volkswagen Links with Suzuki with 20% Stake

Volkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming one of the world's biggest auto ...

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