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PC Shipments Rise in Q3, Bodes Well for Holidays

Worldwide shipments of personal computers edged back up in the third quarter, according to researchers, a promising sign for the industry as it heads into ...

Non-Auto Retail Sales Better Than Expected in Sept.

Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers ...

JAL Shares Surge on Gov't Rescue Plan

Shares of Japan Airlines surged nearly 12 percent Monday following a report the government is expediting a rescue for the struggling carrier.

Asia Stocks Up, Europe Down on U.S. Earnings

Most Asian stock markets climbed Tuesday as a rash of better-than-expected earnings reports from major U.S. companies buttressed confidence in the world economy. European markets ...

Toyota Pushes into Hyundai Country

Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry ...

Toyota Unveils Bigger Hybrid-Only Model

Toyota Motor Corp. has unveiled a more expensive and bigger hybrid-only model than its hit Prius, underlining the Japanese automaker's ambitions to make green technology ...

China Crosses 10 Mil. A Year Auto Production Mark

China's annual auto production surpassed 10 million for the first time on Tuesday, as a new "Liberation" model truck rolled off the assembly line at ...

Video Game Sales Improve in September

After six straight months of double-digit declines, U.S. video game sales finally saw an improvement in September. But the rebound was much more muted than ...

Honda May Move Fit Production to U.S.

Honda Motor Co. says it may move production of the popular Fit hatchback to the U.S. to offset the effects of a stronger yen. Spokesman ...

Morgan Stanley Sells Consumer Unit to Invesco

Morgan Stanley said Tuesday it will sell its retail asset management business, including the Van Kampen division, to money manager Invesco Ltd. for $1.5 billion ...

Apple Earnings Surge 47% on iPhone Sales

Apple Inc. increased its net income 47 percent in the most recent quarter as more people bought Mac computers and gave in to the iPhone ...

Stocks Rise as Earnings Beat Views

Investors found a fresh appetite for stocks Monday after a handful of earnings reports revived hopes that the economy is improving.

IBM Adds $5 Bil. to Share Buyback Program

IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the ...

China Growth Over 7% for Jan-Sept 2009

China's economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 ...

Asia Stocks Rise Eyeing U.S., China Earnings

Asian stock markets were mostly higher Monday as investors looked to bellwether U.S. companies and China for guideposts to the strength of recovery in two ...

Wall Street Awaits Earnings of Consumer Bellwethers

After getting worrisome signs about consumers from bankers' earnings reports, investors will be looking at a broad range of companies this week for further insights ...

Chevron Announces New Gas Find Off Australia

Energy company Chevron Corp. said Sunday it has made an additional discovery of natural gas in the giant Gorgon gas field being developed off the ...

States Sue Feds for Billions in Unclaimed Savings Bonds

The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading ...

India's Natural Gas Tied Up by Brothers' $17 Bil. Fued

An ashen Anil Ambani, one of the world's richest men, stood before a clutter of television cameras, close to tears. "There is only pain, hurt ...

Peanuts Have Crackerjack Year After Salmonella Scare

Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for ...

China to Open Stock Market for Small Firms

Trading on China's new stock market catering to smaller companies will begin Oct. 23, the chairman of the country's securities regulator said Saturday.

2009 Federal Deficit to Reach $1.4 Tril.

What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of ...

AIG Posts Profit for 2nd Consecutive Quarter

AIG says it was profitable for the second straight quarter as its core insurance operations continue to stabilize after being bailed out by the government ...

Google to Buy Ad Mob for $750 Mil.

Google Inc. is stepping up its push to sell advertising on cell phones, announcing a deal Monday to buy a mobile ad network, AdMob, for ...

World Markets Boosted by G-20 Stimulus Pledge

World stock markets rose Monday and the dollar fell sharply against the euro after the Group of 20 leading rich and developing countries agreed to ...

China Car Sales Jump 72% in October

Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month

Northrop Sells TASC to Fund Stock Buyback Increase

Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg ...

Fry's, Safeway Prepare for Possible Strike

In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting ...

Unemployed Suffer More Now Than in 1982

It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

India Hopes to Top 7% Growth Rate in 2010

The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make ...

CBS Sees Ad Sales Bouncing Back

The sale of popular TV shows partly offset a drop in third-quarter advertising revenue at CBS Corp. but the company said ad trends are improving ...

Recovery Won't Keep Unemployment from Passing 10%

The economy is rebounding from its deepest slump since the 1930s, but it probably won't seem that way when the government releases its monthly employment ...

Sprint to Cut Up to 2,500 Jobs

Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.

World Unemployment Up Despite Emerging Recovery

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are ...

Starbucks Sees More Customers Spending More

More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, an executive said Thursday.

Stocks Surge on Positive Jobs Data, Cisco Forecast

A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government ...

Panasonic Opens Bid to Take Over Sanyo

Panasonic Corp. said Thursday it has started its bid to take over smaller rival Sanyo Electric Co. for an estimated 402 billion yen ($4.4 billion), ...

Cisco Forecasts 1st Revenue Growth in Year

Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. ...

Toyota Announces Surprise Profits, Ups Forecast

Toyota Motor Corp. announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery

China Partners with Statoil in Gulf Licenses

Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore ...

Windows 7 Sales Fantastic in Japan Says Ballmer

Sales of Microsoft Corp.'s new Windows 7 operating system have been "fantastic" in Japan since its launch last month, CEO Steve Ballmer said Thursday.

PayPal May Soon Overshadow Parent eBay

Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will ...

Small Businesses Cut Costs with Home Workers

There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.

Federal Deficit Hits New Record in October

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ...

Boeing Fixes 787 Flaws, Vows Test Flight by Yearend

Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners.

China Signals Intention to Let Yuan Rise

The dollar edged up in trading against other currencies Thursday as the Chinese government appeared to signal that it may be willing to let the ...

Intel Settles AMD Dispute for $1.25 Bil., Faces Charges

Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics,

China Automotive Systems Sees Profits Surge

China Automotive Systems Inc., which makes power steering components, said Thursday that third-quarter profit rose sharply on a boost in sales of components

Macy's Posts Smaller Loss, Raises Outlook

Macy's Inc.'s third-quarter loss shrunk as tight inventory controls and a move to localize merchandise at its department stores by region paid off.

HP Moves into Networking with $2.7 Bil. 3Com Buy

Hewlett-Packard Co. said Wednesday it is buying the 3Com Corp. networking company for $2.7 billion, the latest move by the world's No. 1 personal computer ...

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