Business
China's Factories Face Surprising Labor Shortage
During the first half of this year, Yang Zongfu's blue jean factory had few customers. Now, as his business picks up, he can't find enough ...
Productivity Rose Most in 6 Years
Worker productivity grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as ...
Sony Ships PCs with Google Chrome Browser Installed
Sony Corp. is giving Google Inc.'s fledgling Web browser a boost by installing it on new computers. Google spokesman Eitan Bencuya, confirming the deal Tuesday, ...
Roundup of Changes in 2010 Car Models
Auto company executives know that car buyers this recessionary year are serious about value, safety and improved fuel mileage. So it's no wonder that some ...
Clunkers Helped Ford, Toyota, Hurt GM, Chrysler
The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group ...
Asia Stocks Edge Up, Europe Falls
Most Asian stock markets closed modestly higher on relief that China's main index has stabilized after sharp drops Monday, but gains were limited as investors ...
Bank of America Looks to Repay Half of TARP Aid
Bank of America Corp. is looking to pay back some of the billions in federal bailout aid it has received in an effort to get ...
Sony to Sell Mexico TV Plant to Taiwan Firm
Sony Corp. has agreed to sell its main television factory in North America to a Taiwanese company, the Japanese electronics maker said Tuesday, as it ...
PetroChina Takes $1.7 Bil. Stake in Canadian Oil Sands
PetroChina Co., Asia's largest oil and gas company, is making a $1.7 billion investment in the Canadian oil sands. Athabasca Oil Sands Corp. said Monday ...
Wal-Mart to Sell Products from Other Retailers
Wal-Mart Stores Inc. has launched an addition to its online business that has outside retailers selling nearly 1 million new items through Walmart.com, a move ...
India GDP Growth Accelerated in Q2
India's economy picked up pace in the latest quarter as government spending helped to overcome the worst of the global downturn but drought threatens to ...
Japan Factory Output Rises for 5th Straight Month
Japan's factory output rose for the fifth straight month in July and is expected to keep climbing — one of the few encouraging signs for ...
China Stocks Plunge, Drive Down Asian Markets
Asian markets sank Monday as Chinese stocks plunged nearly 7 percent and Japanese shares weakened after the country's opposition party came to power in a ...
MGM Mirage Looks to Franchising to Expand Overseas
Struggling with an economy that has gouged gambling profits and cut casino companies' ability to borrow, MGM Mirage hopes to keep expanding its international hotel ...
OC Register Publisher to File for Bankruptcy Protection
The Wall Street Journal is reporting that the owner of the Orange County Register is expected to file for Chapter 11 bankruptcy protection this week. ...
Investors Seek Clear Signs of Economic Growth
While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a ...
Disney-ABC Takes Stake in Hulu
Disney movies and ABC TV shows will be available on Hulu.com now that Walt Disney Co. is taking an equity stake in the popular video ...
Buffet Sees End to Recession
Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.
Europe Projects 4% GDP Shirnkage in 2009
Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...
Chna Projects 7% Growth for Q2
Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...
Fiat May Become Global Powerhouse with Chrysler, GM Europe
Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.‘s European operations, taking another step toward creating a ...
Summer Resorts Hire Many Unemployed Professionals
This summer, the guy running the Tilt-A-Whirl at the beach might be a laid-off, middle-aged accountant instead of the usual bored teenager. And the towel ...
Chrysler to Close 5 Plants, Sell All Assets to Fiat
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat ...
Windows 7 Release Likely in Fall 2009
Microsoft Corp. has released a near-final version of the Windows 7 operating system that adds a few new features, including a way to run Windows ...
Ford Gains Market Share on Record Fusion Sales
Ford Motor Co. says its April sales fell 32 percent, but the company gained market share on record retail sales of its midsize Ford Fusion.Dearborn, ...
GM's Asia Operations to Stay in Company Fold
The Asia-Pacific operations of General Motors Corp. will stay within the company fold regardless of whether GM ends up declaring bankruptcy or not, the U.S. ...
Estée Laurder Profits Plunge but Beat Views
Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...
Anil Ambani's Chopper Sabotaged Amid Deadly Feud
Anil Ambani does not wait in traffic. The billionaire industrialist often commutes by helicopter, soaring far above the traffic jams that clog his sprawling hometown ...
Korea's Trade Surplus Hits Record on Cheap Oil
South Korea’s trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and ...
Drop in Jobless Claims Fuels Continuing Rally
Investors found more reason to hopeful about the economy.In a welcome surprise for Wall Street on Thursday, the Labor Department said initial claims fell last ...
Chrysler to File for Bankruptcy
Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to ...
World Markets Rally on Fed's Assessment
World stock markets rose sharply Thursday even though the World Health Organization warned that a swine flu pandemic was imminent...
Japan's Factory Output Resumes Growth
Japan’s struggling manufacturers are showing signs of life as the government said Thursday that industrial production rose for the first time in six months in ...
Fiat to Sign onto Partnership with Chrysler
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.
China's Factories Face Surprising Labor Shortage
During the first half of this year, Yang Zongfu's blue jean factory had few customers. Now, as his business picks up, he can't find enough ...
Productivity Rose Most in 6 Years
Worker productivity grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as ...
Sony Ships PCs with Google Chrome Browser Installed
Sony Corp. is giving Google Inc.'s fledgling Web browser a boost by installing it on new computers. Google spokesman Eitan Bencuya, confirming the deal Tuesday, ...
Roundup of Changes in 2010 Car Models
Auto company executives know that car buyers this recessionary year are serious about value, safety and improved fuel mileage. So it's no wonder that some ...
Clunkers Helped Ford, Toyota, Hurt GM, Chrysler
The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group ...
Asia Stocks Edge Up, Europe Falls
Most Asian stock markets closed modestly higher on relief that China's main index has stabilized after sharp drops Monday, but gains were limited as investors ...
Bank of America Looks to Repay Half of TARP Aid
Bank of America Corp. is looking to pay back some of the billions in federal bailout aid it has received in an effort to get ...
Sony to Sell Mexico TV Plant to Taiwan Firm
Sony Corp. has agreed to sell its main television factory in North America to a Taiwanese company, the Japanese electronics maker said Tuesday, as it ...
PetroChina Takes $1.7 Bil. Stake in Canadian Oil Sands
PetroChina Co., Asia's largest oil and gas company, is making a $1.7 billion investment in the Canadian oil sands. Athabasca Oil Sands Corp. said Monday ...
Wal-Mart to Sell Products from Other Retailers
Wal-Mart Stores Inc. has launched an addition to its online business that has outside retailers selling nearly 1 million new items through Walmart.com, a move ...
India GDP Growth Accelerated in Q2
India's economy picked up pace in the latest quarter as government spending helped to overcome the worst of the global downturn but drought threatens to ...
Japan Factory Output Rises for 5th Straight Month
Japan's factory output rose for the fifth straight month in July and is expected to keep climbing — one of the few encouraging signs for ...
China Stocks Plunge, Drive Down Asian Markets
Asian markets sank Monday as Chinese stocks plunged nearly 7 percent and Japanese shares weakened after the country's opposition party came to power in a ...
MGM Mirage Looks to Franchising to Expand Overseas
Struggling with an economy that has gouged gambling profits and cut casino companies' ability to borrow, MGM Mirage hopes to keep expanding its international hotel ...
OC Register Publisher to File for Bankruptcy Protection
The Wall Street Journal is reporting that the owner of the Orange County Register is expected to file for Chapter 11 bankruptcy protection this week. ...
Investors Seek Clear Signs of Economic Growth
While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a ...
Disney-ABC Takes Stake in Hulu
Disney movies and ABC TV shows will be available on Hulu.com now that Walt Disney Co. is taking an equity stake in the popular video ...
Buffet Sees End to Recession
Billionaire Warren Buffett says the latest recession really shook up Americans’ confidence but he sees the economic slide ending.
Europe Projects 4% GDP Shirnkage in 2009
Europe is suffering “a deep and widespread recession,” the EU said Monday, estimating that unemployment will rise sharply over the next two years and that ...
Chna Projects 7% Growth for Q2
Robust investment backed by stimulus spending will likely help China’s economy to expand 7 percent in the second quarter, showing the economy may be rebounding ...
Fiat May Become Global Powerhouse with Chrysler, GM Europe
Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.‘s European operations, taking another step toward creating a ...
Summer Resorts Hire Many Unemployed Professionals
This summer, the guy running the Tilt-A-Whirl at the beach might be a laid-off, middle-aged accountant instead of the usual bored teenager. And the towel ...
Chrysler to Close 5 Plants, Sell All Assets to Fiat
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat ...
Windows 7 Release Likely in Fall 2009
Microsoft Corp. has released a near-final version of the Windows 7 operating system that adds a few new features, including a way to run Windows ...
Ford Gains Market Share on Record Fusion Sales
Ford Motor Co. says its April sales fell 32 percent, but the company gained market share on record retail sales of its midsize Ford Fusion.Dearborn, ...
GM's Asia Operations to Stay in Company Fold
The Asia-Pacific operations of General Motors Corp. will stay within the company fold regardless of whether GM ends up declaring bankruptcy or not, the U.S. ...
Estée Laurder Profits Plunge but Beat Views
Cosmetics company Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and declining sales, but results managed to ...
Anil Ambani's Chopper Sabotaged Amid Deadly Feud
Anil Ambani does not wait in traffic. The billionaire industrialist often commutes by helicopter, soaring far above the traffic jams that clog his sprawling hometown ...
Korea's Trade Surplus Hits Record on Cheap Oil
South Korea’s trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and ...
Drop in Jobless Claims Fuels Continuing Rally
Investors found more reason to hopeful about the economy.In a welcome surprise for Wall Street on Thursday, the Labor Department said initial claims fell last ...
Chrysler to File for Bankruptcy
Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to ...
World Markets Rally on Fed's Assessment
World stock markets rose sharply Thursday even though the World Health Organization warned that a swine flu pandemic was imminent...
Japan's Factory Output Resumes Growth
Japan’s struggling manufacturers are showing signs of life as the government said Thursday that industrial production rose for the first time in six months in ...
Fiat to Sign onto Partnership with Chrysler
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, according to three people briefed on the deal.
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