Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Business
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
Oracle Revenues, Profits Top Wall Street Views
Oracle Corp.'s quarterly profit edged past Wall Street's estimates as revenue from new software licenses ratcheted higher for the second quarter in a row.
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Vonage Apps Allow Free Foreign Calls for iPhone, BB
Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...
Mazda to Raise $1.1 Bil. for R&D
Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...
Consumer Spending Now Driven by Amazing Bargains
There has never been a better time to be a consumer. America is on sale. The Great Recession has caused massive job losses and hardship ...
China Tycoon Floats $8 Bil.-Plan for U.S. Green Cars
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ...
Manhattan Apartment Sales Soared in Q3
Blink. What housing downturn? Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, ...
Japan Consumer Spending Rose 2.6% in August
Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...
Toyota Warns Against Wrong-Size Floor Mats
Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's ...
China Fines Toyota Finance Arm for Bribing Dealers
Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.'s finance unit for giving bribes to car dealers
Twitter Hacker Causes Mischief with Feeds
A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem
Stocks Tilt Back Up After Fed Speaks
Stocks and bonds rose Tuesday after the Federal Reserve said it was ready to provide more help to the economy if necessary.
MetroPCS Leads 4G Wireless Rollout in U.S.
MetroPCS Communications Inc., a regional cell phone company that mainly caters to low-income customers, on Tuesday became the first U.S. carrier
Cessna Blames Economy for Cutting 700 Jobs
Cessna Aircraft announced Tuesday it will cut another 700 jobs, saying it has not seen the growth and recovery that it expected this year.
August Jobless Rate Rose in Calif., 26 Other States
More than half of U.S. states saw their unemployment rates rise in August, the largest number in six months, as hiring weakened across the country.
IBM to Pay $1.7 Bil. for Data Miner Netezza
IBM Corp. said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers.
Strong European Debt Sales Lift Investor Mood
Solid bond auctions in Ireland, Spain and Greece helped to further shore up sentiment in the markets Tuesday while investors waited for the latest
Oil Slips to $74 Ahead of Key Fed Meeting
Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day ...
World's Airlines Treble Profit Forecast
Global airlines have rebounded faster than expected from the recession after losing nearly $26 billion over 2008 and 2009, the industry association
Asia Stocks Gain in Thin Holiday Trading
Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing
Asian Stocks Rise on Hope of More Fed Action
Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
Playstation Move Gets Gamers Off Couch
Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.
Home Sales Rose to 2nd Lowest Level of Decade
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales
IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.
The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking
Growth in Durables Orders Sends Stocks Up
Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation
Korea Wins Control of UK's Dana Petroleum
Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted
Asia Has 3 of World's Most Expensive Shopping Streets
A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul
Asia Stocks Dip on U.S. Jobs Data, Strong Yen
Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.
HSBC CEO to Leave After Losing Bid for Chairmanship
HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...
German Business Mood Highest in 3 Years
German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business
Japan Intervenes Again to Weaken Yen
Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.
Jobless Claims Nudge Back Up to 465,000
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market
Samsung Tablets to Be Sold by Top U.S. Wireless Carriers
Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.
Blockbuster Seeks Chapter 11 Protection
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks
France Hobbled by Strikes Over Retirement Age
French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas
Euro Slips on Weak Business Sentiment
The euro gave up some of its recent gains against the dollar Thursday as traders booked profits after a survey showed business sentiment
Small Business Bill Set for Passage Amid Tepid Interest
A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear
Philly Becomes Biggest U.S. City with Casino
Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.
Michael Dell Flashes 7-Inch Android Tablet
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.
Adobe Profits Soar but Cautious on Outlook
Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue
Toyota Recall Addresses Potential Floor-Mat Problem
Toyota Motor Corp. officially recalled 3.8 million vehicles in the United States on Monday to address problems with floor mats that could cause the gas ...
Recession Offers Rare Investment Opportunities
The Great Recession has turned into the best of times for young investor Daniel Lee. Early this year, the 30-year-old salesman in Scottsdale, Ariz., shelved ...
Oracle Revenues, Profits Top Wall Street Views
Oracle Corp.'s quarterly profit edged past Wall Street's estimates as revenue from new software licenses ratcheted higher for the second quarter in a row.
Coach Sues Target for Alleged Copies of Handbags
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs. Coach wants Target to ...
Olympics Urged to Plug into YouTube Generation
The Olympic movement needs to learn from the likes of YouTube or risk losing young viewers for life, IOC members were told Monday. Communications guru ...
Vonage Apps Allow Free Foreign Calls for iPhone, BB
Vonage Holdings Corp., a pioneer in Internet-based home phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of ...
Mazda to Raise $1.1 Bil. for R&D
Japanese automaker Mazda now expects about half the red ink it previously forecast for the fiscal year, crediting a rise in demand from "green" car ...
Consumer Spending Now Driven by Amazing Bargains
There has never been a better time to be a consumer. America is on sale. The Great Recession has caused massive job losses and hardship ...
China Tycoon Floats $8 Bil.-Plan for U.S. Green Cars
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ...
Manhattan Apartment Sales Soared in Q3
Blink. What housing downturn? Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, ...
Japan Consumer Spending Rose 2.6% in August
Japan's jobless rate fell and household spending climbed in August — a double dose of good news for the world's No. 2 economy though it ...
Toyota Warns Against Wrong-Size Floor Mats
Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's ...
China Fines Toyota Finance Arm for Bribing Dealers
Authorities in eastern China say they have fined Japanese automaker Toyota Motor Corp.'s finance unit for giving bribes to car dealers
Twitter Hacker Causes Mischief with Feeds
A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem
Stocks Tilt Back Up After Fed Speaks
Stocks and bonds rose Tuesday after the Federal Reserve said it was ready to provide more help to the economy if necessary.
MetroPCS Leads 4G Wireless Rollout in U.S.
MetroPCS Communications Inc., a regional cell phone company that mainly caters to low-income customers, on Tuesday became the first U.S. carrier
Cessna Blames Economy for Cutting 700 Jobs
Cessna Aircraft announced Tuesday it will cut another 700 jobs, saying it has not seen the growth and recovery that it expected this year.
August Jobless Rate Rose in Calif., 26 Other States
More than half of U.S. states saw their unemployment rates rise in August, the largest number in six months, as hiring weakened across the country.
IBM to Pay $1.7 Bil. for Data Miner Netezza
IBM Corp. said Monday it has agreed to pay $1.7 billion for Netezza Corp., a company that helps businesses sort through data on corporate servers.
Strong European Debt Sales Lift Investor Mood
Solid bond auctions in Ireland, Spain and Greece helped to further shore up sentiment in the markets Tuesday while investors waited for the latest
Oil Slips to $74 Ahead of Key Fed Meeting
Oil prices slipped to near $74 a barrel Tuesday in Asia as traders looked to a key U.S. central bank meeting later in the day ...
World's Airlines Treble Profit Forecast
Global airlines have rebounded faster than expected from the recession after losing nearly $26 billion over 2008 and 2009, the industry association
Asia Stocks Gain in Thin Holiday Trading
Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve expressed concern about the flailing
Asian Stocks Rise on Hope of More Fed Action
Asian stock markets advanced Tuesday as hopes for more action by the Federal Reserve to prop up the U.S. economy extended Wall Street's rally
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
Playstation Move Gets Gamers Off Couch
Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.
Home Sales Rose to 2nd Lowest Level of Decade
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales
IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.
The Internal Revenue Service is scaling back a new requirement that large corporations disclose on their tax returns whether they are taking
Growth in Durables Orders Sends Stocks Up
Stocks resumed a September rally Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation
Korea Wins Control of UK's Dana Petroleum
Korea National Oil Corp (KNOC) has won a controlling interest in UK's Dana Petroleum with about 65% of its shares either owned or accepted
Asia Has 3 of World's Most Expensive Shopping Streets
A survey of rents in the world’s top 269 shopping locations in 59 countries by Wakeman & Cushfield has found Hong Kong, Tokyo and Seoul
Asia Stocks Dip on U.S. Jobs Data, Strong Yen
Asian stock markets fell Friday after a jump in U.S. unemployment claims led to a disappointing day on Wall Street.
HSBC CEO to Leave After Losing Bid for Chairmanship
HSBC's chief executive has lost his bid to move up to chairman and will leave the bank by the end of the year, the Financial ...
German Business Mood Highest in 3 Years
German business confidence unexpectedly rose to its highest level in over three years in September as a stronger economy supported business
Japan Intervenes Again to Weaken Yen
Traders said the Bank of Japan intervened in the currency market to weaken the yen Friday for the second time in just over a week.
Jobless Claims Nudge Back Up to 465,000
The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market
Samsung Tablets to Be Sold by Top U.S. Wireless Carriers
Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.
Blockbuster Seeks Chapter 11 Protection
Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks
France Hobbled by Strikes Over Retirement Age
French commuters squeezed onto limited trains or fought for rare parking spots Thursday as a second round of strikes against President Nicolas
Euro Slips on Weak Business Sentiment
The euro gave up some of its recent gains against the dollar Thursday as traders booked profits after a survey showed business sentiment
Small Business Bill Set for Passage Amid Tepid Interest
A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear
Philly Becomes Biggest U.S. City with Casino
Six years after the state Legislature legalized gambling, Philadelphia is set to become the largest U.S. city with a casino.
Michael Dell Flashes 7-Inch Android Tablet
Dell is working on a 7-inch tablet that runs Google's Inc.'s Android operating software.
Adobe Profits Soar but Cautious on Outlook
Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue
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