Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Business
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota Halts U.S. Sale of Lexus LS Pending Fix
Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...
Ghosn Charged Up about Leaf Electric's U.S. Debut
Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands
Dow's Intraday Plunge Signals Turbulence Ahead
The Dow Jones industrials plunged below 10,000 to their lowest level of the year Tuesday before a late-day rebound that erased most of the losses
Home Prices Fell from February to March
Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired
Consumer Confidence Rises Again in May
Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.
Wal-Mart Slashes 3G iPhone Prices in Half
Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.
Asian Stocks Slide on Euro Pessimism
Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave
U.S. Drivers Still Showing Restraint at Gas Pump
Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists
Wall Street Hit by Late Slide in Financials
Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul
Most Carmakers Post Double-Digit Gains for May
Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.
Yahoo Turns Over Mapping, Navigation to Nokia
Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
2.7 Mil. Log on for Halo Game Beta Test
Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
Google Gripes About Vietnam Internet Controls
Google Inc. says new Internet regulations in Vietnam raise disturbing concerns that the government may be working to block access
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
India Industrial Production Surges 17.6%
India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy
EU to Approve S.Korea FTA Albeit Carmaker Opposition
The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
Foreign Investments in China Jump 27% in May
Foreign investment in China rose 27 percent in May from a year earlier to more than $8 billion, an official said Saturday.
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
China, U.S. to Boost VW 2010 Profit Forecast
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations with strong ...
Glitches for iPhone 4 Pre-Orders
Buyers reported problems registering their orders and an apparent glitch in AT&T's website was steering some customers into strangers' accounts.
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Honda Strike Over In China With Some Concessions
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned
Stocks Rise on Signs of Europe Growth
Stocks extended their rally to a third day Monday following signs that Europe's debt crisis isn't devastating the region's economy.
Oil Falls to $68 on Europe Fears
Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a ...
Stocks Slide on German Naked Short Selling Curbs
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders
Toyota Halts U.S. Sale of Lexus LS Pending Fix
Toyota Motor Corp. has stopped sales of the Lexus LS sedan for about three weeks while it works to get parts to dealers to fix ...
Ghosn Charged Up about Leaf Electric's U.S. Debut
Nissan Motor Co. CEO Carlos Ghosn said Tuesday he's not bothered by skepticism about the company's upcoming Leaf electric car because thousands
Dow's Intraday Plunge Signals Turbulence Ahead
The Dow Jones industrials plunged below 10,000 to their lowest level of the year Tuesday before a late-day rebound that erased most of the losses
Home Prices Fell from February to March
Home prices fell in March from the previous month, a sign of a weakening housing market despite historically low mortgage rates and now-expired
Consumer Confidence Rises Again in May
Americans' confidence in the economy rose in May for the third straight month in a row, fueled by growing optimism about future job prospects.
Wal-Mart Slashes 3G iPhone Prices in Half
Wal-Mart says it's cutting the price of the most up-to-date iPhone in half. That's another sign Apple is getting ready to unveil a new model.
Asian Stocks Slide on Euro Pessimism
Asian stock markets tumbled Tuesday, extending a sell-off that sent Wall Street lower overnight as the sliding euro hit exporters amid a new wave
U.S. Drivers Still Showing Restraint at Gas Pump
Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there's no sign motorists
Wall Street Hit by Late Slide in Financials
Financial companies dragged stocks lower Monday as already anxious investors grew even more uncertain about the U.S. government's financial overhaul
Most Carmakers Post Double-Digit Gains for May
Drivers snapped up new models and rental-car and government fleets ordered more vehicles in May, boosting U.S. auto sales for yet another month.
Yahoo Turns Over Mapping, Navigation to Nokia
Nokia Corp. will run mapping and navigation services for Yahoo Inc. in an acknowledgement that the slumping Internet company hasn't kept up with rival
Euro Down Again on Spain Bank Nationalization
The euro dropped sharply Monday after the weekend's de facto nationalization of a regional bank in Spain reignited fears about the continent's debt
2.7 Mil. Log on for Halo Game Beta Test
Master Chief isn't lacking for friends. More than 2.7 million people logged onto the video game "Halo: Reach," the upcoming prequel to the first-person shooter ...
IBM to Buy AT&T's Sterling for $1.4 Bil.
IBM Corp. said Monday that it is buying AT&T Inc.'s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other
Europe Debt Woes Weigh on Stocks Again
European stock markets fell again Monday ahead of an expected lower opening on Wall Street as the euro was back under pressure.
Asian Stocks Gain Ground After Selloff on Euro Jitters
Asian stocks markets were mostly higher Monday but gains were tepid as investors stayed cautious about Europe's debt problems even after a big jump
Chrysler Adds 1,100 Jobs at Detroit Jeep Plant
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers
Weaker Europe Demand Raises U.S. Trade Deficit
The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome ...
Google Gripes About Vietnam Internet Controls
Google Inc. says new Internet regulations in Vietnam raise disturbing concerns that the government may be working to block access
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
India Industrial Production Surges 17.6%
India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy
EU to Approve S.Korea FTA Albeit Carmaker Opposition
The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
Foreign Investments in China Jump 27% in May
Foreign investment in China rose 27 percent in May from a year earlier to more than $8 billion, an official said Saturday.
Jobless Claims Data Shows Much Better Jobs Market
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers
Foreclosure Rate Levels Off As Banks Wait
The foreclosure crisis appears to be leveling off.
AIG Struggles to Repay Government Bailout
A watchdog panel says it's still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc.
Bank of Korea Keeps Rate at Record Low
South Korea's central bank left its key interest rate at a record low Thursday as worries persist over the health of the global economy
Strong Growth in Japan Led by Exports to China
Japan's economy, the world's second biggest, expanded at faster pace than originally estimated in the first quarter
China Trade Surge Dispels Growth Fears
China's imports and exports both surged by nearly 50 percent in May over a year earlier in a positive sign for growth
Fed Survey Finds Modest Recovery Across Nation
For the first time since the beginning of the recession, economic growth — modest and fragile, but growth nonetheless — has spread to every corner
Wholesale Inventories, Sales Up in April
Inventories held by wholesalers rose for a fourth straight month in April while sales rose for a 13th consecutive time. Both gains were encouraging signs
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
China, U.S. to Boost VW 2010 Profit Forecast
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations with strong ...
Glitches for iPhone 4 Pre-Orders
Buyers reported problems registering their orders and an apparent glitch in AT&T's website was steering some customers into strangers' accounts.
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
Asia Stocks Boosted by Agricultural Bank IPO News
World markets mostly rose Wednesday as investors cheered the news that a state-owned Chinese bank is readying a record-breaking initial public offering.
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Honda Strike Over In China With Some Concessions
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned
Stocks Rise on Signs of Europe Growth
Stocks extended their rally to a third day Monday following signs that Europe's debt crisis isn't devastating the region's economy.
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